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Family Office Briefing on research byLee & Associates·Oct 27, 2023

2023 Q3 Durham - Retail

Durham retail market shows robust growth with declining vacancy rates in Q3 2023 — family offices should consider co-GP opportunities with strong operators.

Retail2023

Key Metrics

MetricValue
Vacancy Rate2.31%
Net Absorption295,998SF
Average NNN Asking Rate23.33$/SF
Square Footage Under Construction130,534SF
Inventory28,161,334SF

Metrics extracted from the source report and independently fact-checked. Method →

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