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Office & Employment

Downtown Raleigh is attracting new employers, tech companies, Class A office projects, ultra-fast internet service, and is home to an increasingly talented workforce. Downtown Raleigh is the densest office market in the Triangle with more office space, amenities, and employees per acre than any other submarket.

While Downtown Raleigh’s overall vacancy has risen since the pandemic, the eight existing trophy class buildings have seen 109,840 square feet of positive net absorption through Q2 2023 top top of an additional 404,755 square feet in 2022.

Source: JLL

Downtown Raleigh is well positioned between our national peers with more affordable rent and a lower vacancy rate. Market rent in downtown has grown slightly year over year, increasing 1.7%.

Source: CoStar

Office Map


150 Fayetteville (Renovation)

150 Fayetteville St

208 Fayetteville (Renovation)

Raleigh, NC

227 Fayetteville St (Renovation)

Raleigh, NC

301 Hillsborough at Raleigh Crossing

301 Hillsborough St

303 N West St

Raleigh, NC

333 Fayetteville (Renovation)

Raleigh, NC

416 S Dawson Dr Pepper

Raleigh, NC

421 N. Harrington

Raleigh, NC

500 W Peace St

Raleigh, NC

518 W Jones St (Renovation)

Raleigh, NC

707 N West St

Raleigh, NC

Charter Square

Raleigh, NC

The Dillon

Raleigh, NC

First Citizens Bank Building (Renovation)

Raleigh, NC

FNB Tower

501 Fayetteville St

Hargett West

107 W. Hargett St

Martin Building (Renovation)

Raleigh, NC

One Glenwood

1 Glenwood Ave

Rainbow Upholstery Building

911 N West St

Tower Two at Bloc[83]

Raleigh, NC

Under Construction

122 Glenwood (Renovation)

122 Glenwood Ave


400 Hillsborough St

Planned & Proposed

The Creamery Mixed-Use

400 Glenwood Ave

The Edge

301 S Wilmington St

The Nexus

215 S. McDowell St

Salisbury Square Phase I

700 S Salisbury St

Smoky Hollow Phase III

Raleigh, NC

Tower Three at Bloc[83]

615 W Morgan St

Transfer Co. Food Hall Phase II

500 E Davie St