2022 Q2 Charlotte Office Market Report

Charlotte Office Q2 2022 Market Overview

Leasing and development trends from earlier this year continue despite concerns about inflation, as tenant demand for quality space remains high and corporate decision makers urge employees back to the workplace. As a result of the consistent demand in the market, direct asking rental rates (class A & B) rose to $32.19 per SF in the first quarter, an increase of 3.4% year-over-year.