Rising Office Rents in Raleigh

June 25, 2018 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…

Q1 2018 Market Summary

May 24, 2018 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,…

The Future of CRE

May 8, 2018 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…

Operating Expense Mistakes

March 21, 2018 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…

Office Space Design Trends for 2018

February 28, 2018 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…

Q4 2017 Market Summary

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…