2Q21
The Raleigh market remains in demand as employment growth continued in the office-using industries.
Raleigh Office Market Report
| Average Asking Rent (Price/SF) | $28.22 |
| Vacancy Rate (%) | 13.8% |
| Net Absorption (SF) | 48,466 |
The Raleigh market remains in demand as employment growth continued in the office-using industries. Limited activity towards the end of 2020 has resulted in mixed fundamentals, mainly driven by new construction.
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