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How Class A office Rates Are Evolving in the Triangle

Office vacancy in the market remains low, while average rents are rising.

The latest reports on the state of the Triangle’s office market differ in their exact numbers, but the broader themes show that recent trends are holding strong: vacancy remains low while rents are heading in the opposite direction. Triangle-wide, commercial real estate analysts report that average Class A office rents reached between $26 and $28 per square foot in the third quarter.

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TAGS: Leasing
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