The Triangle Sublease

The Triangle

Office Space Market Report

Number of Listings (last 90 days)
683
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,960
As of: January 18, 2017

The Triangle Rates

Most listings are in the $20's per square foot per year. The The Triangle submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

Compared to the rest of the The Triangle market, the The Triangle submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

The Triangle Listing Supply

In the last 90 days, 661 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the available leases in the The Triangle are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1995 and are Class B.

The Triangle Community

Market Report

Trends and status of the commercial real estate market in The Triangle.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Triangle.
Research