1Q20 Office Report Benchmarks Pre-COVID Pricing!

Read for our 1Q2020 Triangle Office Market Report! As I write this, the world is living through a new COVID-19 pandemic reality. The pricing expectations that are based on historical data will not hold much sentiment to current office users and business owners focused on crisis management. Even so, the economic baseline of 2020 for pricing will be from 1Q20 and with that please refer to our report! Here’s your Capital Compass perspective: In the office market rates started higher than 1Q2019 with average asking rates at $27.33 per SF, and Class A at $30.26 per SF! Raleigh business owners and tenants will find interesting: 1.1 Million square feet of office was constructed and delivered. Vac

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Thomas Kenna


Principal: Occupier Solutions

Mobile: 919 830 0510

Office: 919 913 1119


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