Research

Raleigh-Durham office insight - Q2 2018

Tenants looking at the Raleigh-Durham market are attracted to the concentration of high-skilled talent the region’s technology and life science clusters have cultivated. New York headquartered Ipreo is expanding its footprint in Downtown Raleigh five years after opening. The company attributes much of its success to Raleigh-Durham’s workforce. Each year, an average of 15,000 people relocate to Raleigh-Durham from other metros. While a number of these new residents are from North Carolina, relocations from New York City, Washington D.C. and Atlanta are on the rise. The local talent pool, 47.0 percent of which has a bachelor’s degree or higher, fuels Raleigh-Durham’s intellectual economy and creates the innovative environment tenants want to be part of.

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