Cresa Raleigh’s 2nd Qtr. 2012 Market Report is available here.  According to Cresa the overall office vacancy rate in the Triangle dropped by 0.2% to 14.1%. Net absorption year to date increased to 284,354 SF. The Triangle’s jobless rate rose in May 2012, reversing its gradual fall since 2010. The North Carolina Department of Commerce [...]

Client Objectives Renew current lease space of 18,850 sq. ft. Tenant had one (1), Three (3) year renewal option only at $24.19 which is 3% escalation over current rental rate of $23.49. Dilemma: Three year renewal option would put client at risk of re entering the marketplace for space in anticipated peak of the market [...]

Watch the virtual tour of 2477 Reliance Ave., 2,255 SF flex space for sale. Download the brochure

For more info contact Sam DiFranco, Jr:  919-604-2137 Download brochure here