Raleigh-Durham office market reports

2024 Q2 highlights and trends

The Raleigh-Durham office market has finally begun to stabilize as supply and demand have remained more consistent for the past year than they have in the post pandemic years prior. This change is noticeable through nearly constant availability, asking rental rates, leasing volume, and investment volume year-over-year. Aside from stability, flight to quality remains as popular as ever as trophy class office space has seen availability decline and asking rental rates climb.

15.9%

Increase in trophy class office asking rental rate since Q3 2023, during the same period trophy availability has decreased 10.5%.

1.3 msf

Average leasing volume ytd, which supports the ongoing post covid leasing volume stability trend.

$876.1 m

Office investment sales YTD, which is less than half of H1 2019s office investment sales, but also only 1% lower than office investment sales in the first half of 2023.

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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.