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Listed

The facade of a large industrial building with the letters 'RIW' at the top in red.

In RIW, you could be neighbors with cool spots like Ponysaurus Brewing Co. and Hunky Dory.

Photo by RALtoday

From boutique offices to standout retail, Raleigh and the surrounding areas’ office vacancy remains competitive — making these spaces worth a closer look. Submit a listing below, or reply to this email to let us know what you want to see next.

Office, for lease | Raleigh Iron Works | 5,424-23,920 sqft | $48.50/sqft/yr | Creative office space within Raleigh Iron Works, a mixed-use redevelopment featuring walkable retail and dining, outdoor activation spaces, modern tenant amenities, and a restored historic industrial setting.

Office, for lease | 333 Fayetteville St. | 766- 11,000 sqft | $31 sqft/yr (full service) | Located in the heart of downtown, this building offers modern comforts, vibrant surroundings, a 1,300 sqft 2nd floor conference room, and move-in-ready spaces just steps from dining, entertainment, and hotels.

Office, for lease | Time & Temperature Building, 4801 Glenwood Ave. | 32,225 sqft | $32 sqft/yr (full service) | Prominent landmark building a quarter mile from I-440 and Crabtree Valley Mall, features high-visibility signage, walkable dining, silver LEED certification, and floor-to-ceiling glass.

Office, for lease | 150 Fayetteville St. | 4,162-26,723 sqft | Call for pricing | This 29-story, Class A office tower in downtown offers panoramic views, easy access to restaurants, retailers, and entertainment, plus a conference center, fitness center, 24-hour security, and on-site dining.

Office, for lease | Forum II, 8521 Six Forks Rd. | 5,517-9,641 sqft | Contact for pricing | This Class A office building near the Whole Foods on Six Forks offers 15,158 sqft of available space within a 96,407-square-foot building built in 1989.

Office, for lease | Seaboard Station, 11 West Franklin St. | 1,590-7,460 sqft | Contact for pricing | Multiple retail spaces are available immediately in this downtown mixed-use project with high-profile street retail, hotel and community space, private parking, and a location linking Glenwood South to Mordecai and Oakwood.

Office/retail, for sale | The Dawson, 317 W. Morgan St. | 784 sqft | $335,000 | This condo unit offers first-floor office or retail space in the Warehouse District, steps from Morgan Street Food Hall and Glenwood South, with strong visibility, walkable amenities, and ample on-site parking.
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Learn

How to calculate vacancy rates

Vacancy rate = (Vacant space ÷ Total space) × 100

Example: If a building has 100,000 sqft and 17,000 sqft is vacant: (17,000 ÷ 100,000) × 100 = 17% vacancy

General benchmarks:
Low vacancy: ~5% or less
High vacancy: ~15% or more

Asked

What is Raleigh’s class A downtown vacancy rate?

A. 5%
B. 11%
C. 14%
D. 18%
Place your estimate

6AM City SSAP

News Notes

Real Estate

Homebuilder Taylor Morrison recently closed Wake County’s largest commercial real estate deal, purchasing 130 acres in New Hill for ~$58 million, part of the 444-home Gracewood community. Another notable transaction includes The Factory in Wake Forest, bringing total recorded deals to $111.6 million, signaling continued investor interest in the Triangle. (Triangle Business Journal)

Biz

DraftKings is expanding its presence in Raleigh, leasing ~12,000 sqft at Raleigh Iron Works along Atlantic Avenue. The suite, slated to be completed this fall, will house administrative offices, according to permits filed with the City of Raleigh and developer Grubb Ventures.

Job

Meredith College is hiring a Director of Athletic Communications/Game Day Operations. This full-time role manages media relations, live streaming, statistics, and event operations for 11 NCAA Division III varsity sports (12 starting 2026-27). The role requires experience in collegiate sports communications, digital content, and event management.

Biz

Durham’s Imperial Tower has leased major tenants after a $10 million renovation, bringing new amenities like a coffee shop, fitness center, and game room. The 11-story Class A office building has signed Aspida Financial Services, Victra, and Robinson, Bradshaw & Hinson, leaving just over three floors available, signaling a rebound for select Triangle office markets. (The News & Observer)

Real Estate

A standout Five Points property at 1700 Glenwood Ave. is now available as local Julie Flournoy retires from her For Your Convenience shop. The two-story building, sold for $3.1 million in 2021, offers first- and second-floor retail and office space, providing a rare opportunity for businesses or creative tenants in a central Raleigh location. (Triangle Business Journal)

Biz

Duke University will raise its minimum wage to $20 per hour starting July 1, benefiting more than 13,000 employees, including contractors. The 11% increase sets a competitive standard for the Triangle labor market and signals how large employers are adjusting wages to attract and retain talent. (The News & Observer)

Closed

Barley & Burger has abruptly closed its Hillsborough Street location after just three months. Housed in the former David’s Dumpling & Noodle Bar, the restaurant returned the space to its landlord last week. The closure leaves a prime downtown spot open for lease or redevelopment. (The News & Observer)

Ranked

Duke University Hospital leads NC hospital rankings for the third consecutive year, according to Business North Carolina. The top hospitals are dominated by large systems, with Duke generating over $4 billion in 2024. Smaller hospitals like WakeMed and CarolinaEast also rank highly, reflecting a mix of size, safety, and patient satisfaction.

Civic

Many results from last Tuesday’s primary election are in, including key spots on Raleigh City Council. Look through the results. (INDY Week)

Listen

A new episode of the City of Raleigh’s podcast “Your City, Answered” explores Bus Rapid Transit (BRT), how it differs from regular buses, and what it means for commuters.

Watch

Durham’s Oscar Diaz will make his Bravo “Top Chef” debut this season, with the Carolinas in the spotlight. At the Charlotte premiere, he shared his favorite local spots, including Taco Market and Nanas + Pizzeria Toro. Catch the first episode now on Peacock before the Bravo premiere tonight.

Agenda

TechConnect World Innovation Conference & Expo | Monday, March 9-Thursday, March 12 | Times vary | Free+, register | Join the world’s largest gathering of commercialization-focused innovators to make meaningful connections and drive your business forward.

Leadership Raleigh Information Session | Wednesday, March 11 | 9-10:30 a.m. | Raleigh Chamber | Free | Discover why Leadership Raleigh is right for you — join an information session to connect with regional leaders, explore local culture, and learn how to make an impact.

Monday, March 9

The Judiciary: Constitutional Checks and Balances | 6-7:30 p.m. | McKimmon Center | Free, register

Tuesday, March 10

IXL Live: Classic Edition | 8:15 a.m. | Raleigh Marriott Crabtree Valley | $129, reserve your spot

Triangle Women’s Mastermind | 11 a.m.-12:30 p.m. | North Carolina State University Club | $40, membership required

Wednesday, March 11

IXL Live: Administrator Edition | 10 a.m.-3 p.m. | Raleigh Marriott Crabtree Valley | $179, join the waitlist

Friday, March 13

4th Annual Advanced Leadership Seminar featuring Dr. K Sow | Friday, March 13-Sunday, March 15 | Times vary | Embassy Suites by Hilton Raleigh Durham Research Triangle | $317

Animate! Raleigh | Friday, March 15-Sunday, March 15 | Times vary | Raleigh Convention Center | Free+

Saturday, March 14

Raleigh’s 4th Annual Women’s Day Expo | 11 a.m.-4 p.m. | McKimmon Center | Free, reserve your spot

Plan Ahead

Creative Mornings — Business as a Creative Act, Class 1 | Monday, March 16 | 5-7 p.m. | Virtual | Free

Women’s Leadership Conference 2026: Amplify Your Influence | Tuesday, March 17 | 7:30 a.m.-2 p.m. | Raleigh Convention Center | $250+

NC Leadership Conference | Friday, May 15 | 8:30 a.m.-12 p.m. | NC Museum of Natural Sciences | $125

27th Annual Small Business Conference and Expo | Wednesday, June 10 | 12-5 p.m. | NCSU McKimmon Center | Free, registration opens in May
See our full events calendar

Feature your event here, or make a bigger splash

The Wrap

I’ve been keeping an eye on Raleigh’s growth, and so has Newsletter Editor Allie. Several mixed-use projects are set to reshape downtown and Midtown in 2026 and beyond. Highlights include The Exchange at Midtown, The Creamery in Glenwood South, the Depot Historic District, Downtown South, and the Convention Center expansion — adding new office, retail, residential, and public spaces.
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