Raleigh Office Market Report
| Average Asking Rent (Price/SF) | $27.56 |
| Vacancy Rate (%) | 11.3% |
| Net Absorption (SF) | 103,054 |
Raleigh’s office market was quiet to end 2020, as most office tenants remained on the sideline due to the pandemic; however, the region continues to be attractive to relocations from outside the market due to its cost of living, access to talent and quality of life. This is expected to position the region for a stronger recovery once the pandemic is over.
Download Raleigh Office Market Report 4Q20