Family Office Briefing on research byLee & Associates·Jan 23, 2024
2023 Q4 Durham - Retail
Durham retail vacancy hits a record low of 2.1% in Q4 2023 — family offices should consider co-GP opportunities in a tight market.
Retail2023
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 2.087% |
| Net Absorption (12 Mo) | 244161SF |
| Avg NNN Asking Rate | 23.47PSF |
| SF Under Construction | 267391SF |
| Total Inventory | 28047811SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Lee & Associates
Building a thesis around Retail? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent retail strategies.
Peer Network · By Invitation
The Thesis Exchange
Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.