2022 Q2 Raleigh-Durham Office Market Report

Raleigh-Durham Office Q2 2022 Market Overview

Population and available talent pool, continue to draw large corporate occupiers to the Raleigh-Durham market. While the post-pandemic hybrid-work model has slowed overall, leasing activities and high-end office supply outpaces the current demand. Vacancy in the market remains below the national average. These fundamentals have allowed for slower rent growth, most noticeably in the Downtown Raleigh submarket.