Research Triangle
Durham - NC USA - Industrial Submarket
Industrial real estate intelligence for the Research Triangle submarket. 24.6M SF of inventory with 6.4% vacancy. Data sourced from various MLS platforms.
24.6MSF
Inventory
2.5MSF
Available
6.4%
Vacancy
10.1%
Availability Rate
$15.06
Asking Rent
3.4%
Rent Growth
302KSF
12mo Absorption
130KSF
Under Construction
Market Metrics
12mo Delivered
232K SF
Under Constr % of Inv
0.5%%
Sale Price/SF
$190
Cap Rate
6.6%%
12mo Sales Volume
$237,383,808
Sales Vol Growth
31.2%
Asset Value
$4,688,488,904
Net Absorption
+302K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| DUR1 | - | 420,000 | Buyer 1 Global Infrastructure Partners | Buyer 2 Kohlberg Kravis Roberts & Co. L.P. |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Building A1 West | 198,900 | Not Disclosed | Facility Care Services Inc |
| Building B2 East | 168,480 | Not Disclosed | - |
| Building B1 East | 198,900 | Not Disclosed | Cornelius Kathy E |
| Building B1 West | 213,200 | Not Disclosed | - |
| Building B2 West | 163,540 | Not Disclosed | Terra Equity I Llc |
Data Centre Development Potential
Moderate vacancy (6.4%) in Research Triangle suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 130K SF indicates developer confidence in the submarket. Positive net absorption of 302K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Durham - NC USA
Evaluating Research Triangle for Development?
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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.