Everyday, a staggering 40,000 people head to Raleigh for work and business; it is undoubtedly a busy city center and also the capital city of North Carolina. Its population which stands at 392,552 residents saw a whopping jump of 42 percent from the last census taken in the year 2000. Raleigh is one of the fastest growing cities in the United States and its Planning Director claimed that at the rate the city is growing, it would easily take over the other top growing cities in the United States in no time at all. Due to these factors office space in Raleigh for lease is still a necessity for any serious company to get that much needed exposure.
Local Economy and Crime In Raleigh NC:
So, what is the attraction that the city has that is reeling in local folks like a magnet? Maybe it’s the crime rate which is at 53 crimes per one thousand residents, definitely one of the lowest among cities of its size thus making it a safe heaven for residents and tourists alike. Perhaps, it is due to the fact that Raleigh has one of the countries biggest and most successful research parks namely the North Carolina Research Triangle. In recent surveys, the city was placed #5 on a list of top 25 cities for advancing one’s career in the United States. Raleigh is a beautiful city in the South East part of the country, for more info check out wikipedia.
Office Space In Raleigh Rates/Vacancy Rates:
Raleigh is now looking forward to the coming years with anticipation as it sees signs of the economy coming back to shape with a drop in overall unemployment rate and in their office vacancy rates. The current office space vacancy rate in Raleigh stands at 15.7 percent but tenants are still fighting to get a good deal for their lease and rental agreements, even though concessions are being awarded by building owners to lure businesses in to a monthly or long term lease on office space and executive suites in Raleigh. We found prices that ranged from $15 to $22 per square foot although that depends on the amenities (internet, parking, etc.) and location and size of the unit. We specialize in serviced units, temporary and shared office spaces in Raleigh and nearby Charlotte, not to mention larger spaces for medical or lawyers, call centers, etc. We also list office space for rent near Raleigh in these areas: Angier, Apex, Cary, Chapel Hill, Clayton, Garner, Knightdale, Louisburg, New Hill, Salem, Tarboro, and Wiston.
Raleigh Commercial and Downtown Development:
There are many new development plans coming up in Downtown Raleigh. The figures show a healthy and sustainable plan for the city in the long run. Its attractive urban living concept has attracted many young people to move to this city for work and to start their families. The city is also alive with a good array of nightlife activities, with bars, restaurants and a variety of local cuisines to suit different lifestyles. Besides this, downtown is also situated close to Moore and Nash Squares and the Pullen Park and Chavis Park. These are some of the parks that Raleigh is famous for. The Capitol Building which houses the governor and the whole entourage is located here. This classic building has unique value as it is made up entirely of granite stones in Greek style architecture. The North Carolina Museum of History provides valuable lessons such as the famous Wright Brothers maiden flight at Kitty Hawk. Many of the houses that have become prominent features here date back to the time of even before the Civil War; one that stands out is the Executive Mansion. Additionally, if you’re in the city, you will definitely cross the Fayetteville Street, also the main street of Raleigh. This is where you can witness New Year’s Day and Independence Day parades and celebrations. For more info on commercial and the cities economic status around the country check out our real estate articles.
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