Raleigh Industrial Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Lee & Associates Resea, Colliers, Cushman & Wakefield, Avisonyoung, Lee Associates
Quarterly industrial market indicators for Raleigh, aggregated by PropZone from Lee & Associates Resea, Colliers, Cushman & Wakefield, Avisonyoung, Lee Associates. As of Q1 2026, average asking rent was $10.86/SF.
Projected current industrial pricing — Raleigh
low confidenceProjected asking rent
$10.86–$11.06/SF/yr
Estimated sale value
$92–$114/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.8%, asking rent trend-adjusted to today). Assumes ~92% occupancy (vacancy not reported) and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $10.86/SF | — | — | — | Lee & Associates Resea |
| Q1 2026 | $10.86/SF | 3.5% | 0K SF | — | Colliers |
| Q1 2026 | — | 6.9% | 0K SF | — | Cushman & Wakefield |
| Q4 2020 | — | 20.6% | -261K SF | — | Avisonyoung |
| Q4 2020 | $10.32/SF | 1.5% | -243K SF | — | Colliers |
| Q4 2020 | — | — | — | 0K SF | Cushman & Wakefield |
| Q4 2020 | — | 7.0% | 1.1M SF | — | Lee Associates |
| Q3 2020 | $6.00/SF | 5.6% | 505K SF | — | Cushman & Wakefield |
| Q3 2020 | $11.00/SF | 0.5% | 0K SF | — | Colliers |
| Q2 2020 | — | — | 0K SF | — | Cushman & Wakefield |
Frequently asked questions
- What is the average asking rent for industrial space in Raleigh?
- As of Q1 2026, the average asking rent for industrial space in Raleigh was $10.86/SF, per Lee & Associates Resea.
- What is the industrial vacancy rate in Raleigh?
- Vacancy data for Raleigh industrial is aggregated from brokerage reports; refer to the quarterly table for available quarters.
- Where does PropZone's Raleigh market data come from?
- This report aggregates quarterly industrial market data for Raleigh from Lee & Associates Resea, Colliers, Cushman & Wakefield, Avisonyoung, Lee Associates.
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