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Raleigh-Durham Office Figures Q4 2022

February 28, 2023 10 Minute Read

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The Raleigh- Durham office market experienced negative net absorption of 447,174 sq. ft. during Q4 2022.
‒ Overall office vacancy rose to 13.3%, up 100 basis points quarter-over-quarter
and 60 bps year-over-year.
‒ Class A vacancy rose 70 bps year-over-year to 13.1%.
‒ Sublease availability rose to 3.6 million sq. ft., representing 6.1% of market-wide
inventory.