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Industrial and warehouse spaces in Raleigh-Durham play a crucial role in supporting regional distribution and light manufacturing. Lease terms for industrial and warehouse spaces in Raleigh-Durham reflect a balanced approach, with 3-5 year leases being the most common at 26.21%. Shorter leases of 1-2 years account for 26.21%, while long-term commitments of 5+ years make up 20.69%. Businesses requiring rapid adaptability favor leases of less than one year, which constitute 14.48% of deals. This pattern reflects the operational needs of logistics companies and manufacturers seeking both flexibility and stability. Shorter leases of 1-2 years account for 27.09%, while long-term commitments of 5+ years make up 15.94%. Businesses requiring rapid adaptability favor leases of less than one year, which constitute 11.16% of deals. This pattern reflects the operational needs of logistics companies and manufacturers seeking both flexibility and stability. Key industrial zones include the areas around Research Triangle Park and the Raleigh-Durham-Durham International Airport, where connectivity to major highways and airports enhances business efficiency. As the logistics sector continues to grow, industrial spaces in Raleigh-Durham are expected to see sustained demand.
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Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Apex | 5,800 | $1.42 / SF | < 30 |
Braggtown | 2,300 | $1.65 / SF | < 30 |
Brightleaf | 4,700 | $1.00 / SF | < 30 |
Cameron Village | - | - | < 30 |
Cary | 5,100 | $1.41 / SF | 40 |
Chapel Hill | 21,000 | $1.17 / SF | < 30 |
Clegg | 22,000 | $1.66 / SF | < 30 |
Downtown Raleigh | - | - | < 30 |
Duke University | - | - | < 30 |
East Raleigh | 13,000 | $1.33 / SF | < 30 |
Fayetteville Street | - | - | < 30 |
Glenwood South | - | - | < 30 |
Hillsborough | - | - | < 30 |
Holly Springs | 6,300 | $1.33 / SF | < 30 |
Hope Valley | - | - | < 30 |
Knightdale | - | - | < 30 |
Millbrook | 11,000 | $1.03 / SF | < 30 |
Morrisville | 2,800 | $1.68 / SF | < 30 |
North Hills | 1,500 | $1.56 / SF | < 30 |
North Raleigh | 8,500 | $1.26 / SF | < 30 |
Northeast Raleigh | 3,600 | $1.22 / SF | < 30 |
Northwest Raleigh | 5,200 | $1.49 / SF | < 30 |
Old North Durham | 4,700 | $1.00 / SF | < 30 |
Southeast Raleigh | 45,000 | $1.21 / SF | < 30 |
Stone Creek Village | 1,800 | $1.59 / SF | < 30 |
Wake Forest | 1,500 | $1.38 / SF | < 30 |
Wayne Ridge | 2,500 | $1.31 / SF | < 30 |
Wellons Village | - | - | < 30 |
Wilders Grove | 2,700 | $1.33 / SF | < 30 |