Q2 2017 Market Summary

The Triangle’s Q2 office market saw strong leasing activity with the addition of 3 new office buildings (Forty540, 2645 Meridian, and 3515 Glenwood) helping to boost inventory and improve the vacancy rate to 13.11%. However, with the sale and leaseback of GlaxoSmithKline’s 20 building campus, the office market saw an unusually high volume of absorption.…