Family Office Briefing on research byLee & Associates·Apr 22, 2025
2025.Q1 Durham, NC - Retail
Durham retail market experiences negative absorption and rising vacancy in Q1 2025 — family offices should consider co-GP opportunities with experienced operators.
Retail2025
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 3.16% |
| Net Absorption | -392,943SF |
| Average Asking Rent | 25.08PSF |
| Sale Price | 241PSF |
| Cap Rate | 8.57% |
| Under Construction | 262,722SF |
Metrics extracted from the source report and independently fact-checked. Method →
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