Family Office Briefing on research byLee & Associates·Oct 27, 2023
2023 Q3 Durham - Industrial
Durham industrial market shows resilience with decreased vacancy and increased construction — family offices should consider co-GP opportunities with strong operators.
Industrial2023
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 4.23% |
| 12 Mo. Net Absorption | 2,091,808SF |
| Avg NNN Asking Rate | 11.14$/SF |
| SF Under Construction | 3,131,336SF |
| Inventory SF | 50,051,351SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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