The hybrid work model has significantly evolved in the Raleigh-Durham area, reflecting broader global trends while also adapting to the unique dynamics of this region. Initially driven by the necessity of remote work during the COVID-19 pandemic, the hybrid model has matured into a preferred working arrangement for many businesses. Companies in Raleigh-Durham, ranging from…
In a year where Sublease office inventory peaked to 4.3 million square feet*, brokers at RCR kept their heads down and transacted over 10 Subleases for their Clients (the Triangle Class A, B & C office market totals approximately 61 million square feet*). These Subleases ranged from 2,660 SF to 31,845 SF, and RCR advised…
Fayetteville Street As a Raleigh native and someone who is vested in the local economy, it pains me to see the current state of Fayetteville Street. Over the years and especially after opening the pedestrian mall area in 2006, Fayetteville Street emerged as a hub of activity, with offices, residential condos, retailers, restaurants, and…