Raleigh-Durham office market reports

2023 Q4 highlights and trends

The Raleigh-Durham office market is experiencing less demand in Q3 of 2023 than in prior quarters. Overall office leasing volume is down, the percentage of total job postings that are remote are at 11.4% and rising and class A availability is at a post covid high.

23.1%

Decrease in office leasing activity from Q3 2022

Weaker overall office demand has caused leasing activity to drop substantially in the past year, driven by slower occupier growth and a continuing rise in remote work.

11.4%

Job postings in office-using industries were remote

Job postings in industries that use office space such as tech, consulting, banking and engineering have increased the percentage of total remote postings.

27.3%

Total class A availability

Class A availability has reached a post covid high as demand for office space slows and occupiers decrease overall hiring. 

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Your source for the latest Raleigh-Durham office market reports

Get in-depth office market reports and insights from commercial real estate experts in the greater Triangle area. Avison Young advisors look at Raleigh-Durham commercial real estate activities and the latest Raleigh-Durham statistics to provide you expert market research on Raleigh-Durham's office properties.

Explore different topics like the latest office market pricing trends and analysis of Raleigh-Durham's current office real estate market conditions. Gain a better understanding of Raleigh-Durham’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Raleigh-Durham's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Raleigh-Durham.

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