‒ The overall office vacancy rate decreased 27 basis points quarter-over-quarter to 12.72% ‒ Sublease inventory is at 2 million sq. ft., 3.5% of overall inventory ‒ Construct
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Search Properties for SaleCBRE | Raleigh, a joint venture of CBRE, is the leading commercial real estate services provider in the Raleigh-Durham market. As a joint venture of the world’s premier, full-service real estate services company, our industry-leading platform provides unparalleled service to meet any client requirement from acquisition financing, investment sales, real estate portfolio management, land representation services, to leasing commercial office, industrial and retail space.
In 2020, the Raleigh office completed 303 lease transactions encompassing 4.1 million square feet worth $671 million, and 87 sales transactions worth $1.7 billion.
With partner office CBRE|Triad, the Raleigh and Triad offices work together to deliver services that produce the best business results for clients regionally. They are committed to helping their clients foresee the landscape ahead and seize real estate opportunities that directly match their needs.
Research Reports
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‒ The warehouse market recorded 13,500 sq. ft. of positive net absorption ‒ The flex market recorded 261,000 sq. ft. of positive net absorption ‒ Construction activity remain
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Over 490,000 sq. ft. of retail space is currently under construction in the Raleigh-Durham. The market experienced 170,00 sq. ft. of net absorption during the first half of 2021.
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