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Raleigh-Durham Office Figures Q1 2022
March 1, 2023 10 Minute Read
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Market Report Highlights
‒The office market experienced 166,876 sq. ft. of negative net absorption during Q1 2022
‒The overall office vacancy rate increased 31 basis points quarter-over-quarter to 13.06%
‒Sublease inventory is at 3.1 million sq. ft., 5.2% of overall inventory
‒Construction activity remains active at 2.2 million sq. ft., 3.7% of overall office inventory