Raleigh-Durham Office Space for Rent

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Renting Office Space in Raleigh-Durham

Office space for rent in Raleigh-Durham primarily cater to technology companies, research institutions, and corporate headquarters. Lease terms show a preference for medium-term stability, with 3-5 year leases accounting for 30.61% of office deals. Shorter leases of 1-2 years make up 28.57%, while long-term leases of 5+ years account for 19.59%. Short-term leases of less than one year make up 8.16%, reflecting some businesses' need for flexibility. This pattern highlights the balance between flexibility and commitment that businesses in Raleigh-Durham seek, particularly in tech and professional service sectors. Established areas like Downtown and the Research Triangle are particularly popular, attracting companies seeking a blend of innovation and connectivity. As Raleigh-Durham’s tech sector continues to expand, demand for centrally located office spaces is expected to grow.

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Popular Office Space in the Raleigh-Durham Market

Suite Rates in Raleigh-Durham

Suite Sizes in Raleigh-Durham

Neighborhood Comparison

Neighborhood Average Available SQFT Average Rate / SQFT PER Month NUMBER OF AVAILABLE SUITES
Apex 1,700 $2.39 / SF 83
Braggtown 13,000 $1.66 / SF < 30
Brightleaf 1,800 $2.70 / SF 60
Cameron Village 700 $1.90 / SF < 30
Cary 2,300 $2.23 / SF 387
Chapel Hill 1,000 $2.16 / SF 49
Clegg 4,100 $2.43 / SF 97
Downtown Raleigh 600 $2.29 / SF 54
Duke University 3,000 $1.68 / SF < 30
East Raleigh 300 $1.67 / SF < 30
Fayetteville Street 800 $2.33 / SF 65
Glenwood South 900 $2.27 / SF 45
Hillsborough - - < 30
Holly Springs 1,700 $2.51 / SF < 30
Hope Valley 1,500 $1.55 / SF 39
Knightdale - - < 30
Millbrook 1,200 $1.98 / SF 86
Morrisville 3,100 $2.04 / SF 101
North Hills 1,200 $2.04 / SF 103
North Raleigh 1,400 $2.00 / SF 135
Northeast Raleigh 1,700 $2.05 / SF 66
Northwest Raleigh 1,700 $2.03 / SF 81
Old North Durham 2,100 $2.71 / SF 62
Southeast Raleigh - - < 30
Stone Creek Village 1,800 $1.82 / SF < 30
Wake Forest 1,800 $2.12 / SF < 30
Wayne Ridge 2,100 $2.16 / SF 76
Wellons Village - - < 30
Wilders Grove - - < 30
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.