February 8, 2018
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 overall office absorption.
With the opening of PowerSecure’s new 258,060 SF campus in Durham, the industrial market saw a boost in overall absorption for 2017.
For more information, download our market summary.