2018 Q4 Raleigh Durham Office Report

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  • Increasing demand pushes rental rates in select Class A submarkets to exceed $30.00 per square foot.
  • Vacancy rates hold steady at the close of the fourth quarter.
  • Positive net absorption was reported for year end, following trend from previous quarters.
  • Following an increase to the incentives plan, North Carolina lands several high-profile headquarters relocating and expanding to the State.
  • The local unemployment rate continues to remain below national average.

 

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2018 Q4 Raleigh Durham Office Report

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