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Raleigh Market Reports

Raleigh Office Market Report

Average Asking Rent (Price/SF)       $23.78
Vacancy Rate (%)         10.0%
Net Absorption (SF)     456,223

Raleigh remained a market in demand during the fourth quarter of 2017, as office fundamentals were positive and the local economy was robust. The market's vacancy rate dropped over the quarter to 10.0% from 10.4%, relatively unchanged from last year's 9.9%. With new development occurring at a natural pace, the market is not getting oversaturated with a spike in vacancy.



Raleigh Office Market Report
4Q17
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