The rise of leading office industries in Raleigh-Durham

- The tech industry office footprint consistently exhibits the highest year-over-year growth, increasing from 2.5 million square feet in 2016 to 5.9 million square feet in 2024, including a significant jump of 975,000 square feet between 2022 and 2023.
- The sharp rise in the construction and architecture sectors from 2022 to 2024 likely reflects a post-pandemic recovery, signaling the emergence of new construction projects and a surge in development activity within the area.
- Raleigh-Durham has experienced an impressive 166% growth in its leading industries from 2016 to 2024, paving the way for a prosperous future as a top city in the years to come.
February 18, 2025
Additional resources
Get market intel
US-NC-RLH Raleigh