Rich Commercial Realty (RCR) is pleased to announce its engagement to handle property leasing at the Rexwoods Medical Office Campus in West Raleigh. The portfolio, totaling more than 275,000 square feet, includes seven buildings which are all located in the thriving Blue Ridge submarket across from the UNC REX Hospital Campus. Evergreen Medical Properties (Evergreen)…
Raleigh-Durham Medical Office Leasing /Vacancy Rates & a Pulse on the Market There is a common misconception in the marketplace today based on the abundance of office space available. When representing Medical Tenants, we are often asked how to leverage against the high vacancy rates and soft office environment during lease negotiations. This in…
We have all seen an extraordinary hike in rates over the past 24+ months – historically low interest rates fueled the robust market where demand for property was at considerably an all time high. This coupled with continued low inventory resulted in higher prices on top of the inflation we have all been dealing with.…