Fact 1: Hurricanes equate to parties. Hurricanes are to the Carolinas as blizzards are to the North. This is just one more excuse to buy cases of Natty Light. It’s not dubbed “the beer of the Carolinas” for nothing. Fact 2: Non-perishable snacks are the best. That’s when we opt for the 3 C’s: chips,…
You’ve been in your space for a while; business is going well, and you feel the need to expand to take advantage of more opportunities, hire top talent and get to the next level of growth. You keep reading about companies with a great brand and what they are doing to attract the talent they…
For the past the past 10 months, I have had the privilege of participating in the Raleigh Chamber of Commerce Leadership Program. As a Raleigh native, I have a passion for the city and have seen much growth and change over the years. Leadership Raleigh allowed me a back stage, all access pass into the…
According to source after source, including our own eyes locally, Raleigh is among the nation’s fastest growing and most popular cities. Residents are seeing the exciting benefits of infrastructure investment (Transportation, Union Station, Roads, Utilities, Fiber, etc.), amenity investments (the momentous Dorthea Dix Park project), and increasing property values. To many, all of those listed…
Along with most, I’m always very excited as Memorial Day draws near. Not only is it a long weekend that includes time with friends, family, and relaxation, it also symbolizes the start of the summer. After a frigid NC winter that never seemed to end, summer can’t come fast enough. My summers tend to involve…
The Triangle’s Q1 office market continues to flourish. Absorption exceeded 488,000 SF, helping to contribute towards rent growth. Much of the new leasing activity was centered around RTP and downtown Raleigh. The vacancy rate in Q1 remained relatively unchanged. The Triangle’s industrial market also continues to strengthen. Vacancy rate is up slightly, primarily due to…
Another informative and powerful Alliance of Tenant Representatives (ATR) annual meeting in Newport Beach, CA is in the books. RCR is a long time member of the exclusive tenant representation only organization. This year, firms from around the United States and England gathered to share ideas, practices, trends, and information. ATR provides a platform for…
Each year, landlords prepare and review building operating expenses for reconciliation and tenant expense pass through. As costs generally tend to rise, occupiers of space are the ones who suffer, as landlords are able to pass through the majority of controllable and non-controllable expenses. In a large multi-tenant office building, each tenant has different leases…
Facing retention challenges, hiring competition, and growing occupancy costs, occupiers of space are seeking ways to better utilize their space. Companies are creating engaging work environments to get the most out of their space and their employees. RCR predicts some design trends for 2018, that we expect to see companies implementing in their design decisions…
The Triangle’s Q4 office market saw a positive absorption of Class A office space, highlighted by the expansion of several Triangle companies, including Credit Suisse, Infosys, Align Technology, PowerSecure, Victra, and Med-El, to name a few. These expansions, along with the 560,000 SF sale-leaseback of GSK earlier in the year, resulted in a boost for…
