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Raleigh Market Reports

Raleigh Office Market Report

Average Asking Rent (Price/SF)             $25.62
Vacancy Rate (%)               10.3%
Net Absorption (SF)              36,422

The Raleigh office market experienced further growth across many metrics in the third quarter of 2019. The vacancy rate ended the quarter at 10.3%, a decrease of 10 basis points from the second quarter. Raleigh's vacancy rate has now been in double digits for four consecutive quarters yet has fallen 290 basis points since the third quarter of 2014.



Raleigh Office Market Report
3Q19
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