2022 Q1 Raleigh Industrial Market Report

Raleigh Industrial Q1 2022 Market Overview

Raleigh's industrial market continued to pace ahead of historic national levels. Vacancy remains very low at 2.5%, 40% lower than first quarter of 2021. This lack of availability continues to push rents higher across various product types, with bulk distribution up 12% year-over-year from $8.63 in 2021 to $9.63 in 2022.