Raleigh Office Market Report
By CREhunt Research · Data through Q1 2026 · Aggregated from CBRE, Cushman & Wakefield, Colliers, Newmark,
Quarterly office market indicators for Raleigh, aggregated by CREhunt from CBRE, Cushman & Wakefield, Colliers, Newmark, . As of Q1 2026, average asking rent was — with a 18.6% vacancy rate.
Projected current office pricing — Raleigh
Projected asking rent
$31.39–$32.16/SF/yr
Estimated sale value
$163–$218/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 Newmark data (cap rate 8.8%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 50–65% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 18.6% | 0K SF | — | CBRE |
| Q1 2026 | $5.00/SF | 1.8% | -3K SF | — | Cushman & Wakefield |
| Q1 2026 | — | 1.9% | 373K SF | — | Colliers |
| Q4 2025 | $31.39/SF | — | — | — | Newmark |
| Q1 2025 | $31.60/SF | 11.1% | 607K SF | — | |
| Q1 2025 | — | 5.1% | 0K SF | — | Colliers |
| Q1 2025 | — | 14.7% | 0K SF | — | CBRE |
| Q4 2020 | $30.00/SF | 7.5% | 791K SF | — | Colliers |
| Q3 2020 | — | — | 0K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for office space in Raleigh?
- CREhunt aggregates office asking-rent data for Raleigh from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the office vacancy rate in Raleigh?
- The office vacancy rate in Raleigh was 18.6% as of Q1 2026 (CBRE).
- Where does CREhunt's Raleigh market data come from?
- This report aggregates quarterly office market data for Raleigh from CBRE, Cushman & Wakefield, Colliers, Newmark.
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