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United States | Raleigh, NC

Report | Raleigh Durham Office Insight - Q3 2016

Summary

The biggest news from Raleigh-Durham in Q3 was the remaining 212,293 square feet of Lenovo's sublease on its former Morrisville campus has finally found a partner. UNC-Healthcare will now house its support roles there after entering a 12-year direct lease agreement with Starwood Capital Group.

Three new properties had Q3 groundbreakings in the suburban submarkets of West Raleigh, Cary and South Durham, with Cary's overall development pipeline leading the way among all suburban submarkets.​

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