Research 2019-10-10T19:05:37+00:00

Research

We Do Our Homework

Since 1985, NAI Carolantic Realty has continued to conduct the most comprehensive Triangle-wide commercial real estate survey. All aspects of the market are researched, and we present our findings to over 1,800 business leaders at our Annual Triangle Commercial Real Estate Conference held at the beginning of each year. Business professionals throughout the Triangle are provided with in-depth facts and figures on the current and future state of the market. Data is collected on office buildings, retail space, business parks, and industrial space. We track and publish data covering in excess of 265 million square feet of floor space from over 8,000+ buildings located throughout the Triangle. Existing space, vacancy rates, absorption, new construction, and planned construction are researched.


2019 Triangle Commercial Real Estate Report


Linneman Letters

Third Quarter 2019: The Linneman Letter: How Will the Recovery End?

In our continuing effort to keep our clients informed of the latest market conditions and how it could impact your business decisions, we are providing the Third Quarter 2019 condensed Linneman Letter. The Linneman Letter is a report written by economist, Dr. Peter Linneman formerly at the Wharton School of Business, the University of Pennsylvania.
> Click here to read.

Please let us know if we can be of service to you.
(Previous Linneman Letters can be found here.)

2019 Forecast and Category Summaries:

2019 Investor Outlook for Land

  • Central Business District land values are hitting a record high well over $100 prsf
  • Current low office vacancy is driving interest in well-located, zoned office sites
  • Retail land sales are slowing
  • Ground zero industrial land sites are in high demand but are limited and expensive
  • Industrial sites in outlining areas are getting attention
  • Hotel developers are active and looking for well-located sites New residential developers continue to enter the market driving land prices up
  • Zoned and entitled land is valued at a premium
  • Many great opportunities in surrounding counties

2019 Investor Outlook for Income Property

  • Investors face some challenges in 2019 with rising interest rates, higher construction costs, retailers downsizing and office co-working concerns
  • The industrial market is the most attractive segment with rising rental rates, favorable landlord lease terms and low cap rates
  • Regional retail malls and power centers are the least popular product type
  • Smaller, local investors face challenges relative to achieving their desired returns
  • Money is still available
  • Despite new challenges, expect another strong year of transactions and sales volume

Multipurpose

A market of over 135 million square feet, the Multipurpose category includes industrial, warehouse and flex buildings.

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Broker Report on Multipurpose Space:

Ed Brown, SIOR, CCIM

Shopping Centers

The Shopping Center category covers approximately 59 million square feet of retail space.

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Broker Report on Shopping Centers: Joaquin Canals

Office

With a total market of over 92 million square feet, the Office category includes Class A & B space.

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Broker Report on Office Space: Robin Roseberry Anders, SIOR

Hotel/Hospitality

This chart includes information on the hotel industrial for Wake and Durham Counties.

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Apartment/Single Family

These charts include information on the Triangle Apartment market as well as Single Family Homes.

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Land

Broker Report on the 2019 Investor Outlook for Land: Tim Brent

Investment

Broker Report on the 2019 Investor Outlook for Income Property: Hunt Wyche

We make it our primary focus to understand your business and the opportunities and challenges you face on a regular basis.

Your Business is Our Business

Personalized service and collaborative teamwork form the core of our philosophy. We provide custom solutions on your business objectives. With our careful selection of seasoned professionals who are deeply rooted in their markets, we have developed our business to support yours over the long term. We will listen, take a holistic view of your business and apply our knowledge to maximize potential, guide your investment and add value. We are local and we are global. Our diversified platform spans North and South America and the Caribbean, Europe, the Middle East and Africa, and in the Asia Pacific region.

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Receivership
Tenant Representation

“Our company has experienced extraordinary growth over the last decade and we continue to believe the Research Triangle Region is the perfect location for our operations,” said Phil Crofton, Executive Vice President of Lighthouse Network. “We will be looking to add 40-60 new jobs over the next year at this location, and the new offices will provide the perfect space as we continue to grow. We appreciate NAI Carolantic’s help in finding a location for our growing team.”

Our Strength is International.
Our Passion and Focus is Local.

GlobalGlobal strength built on local leadership

NAI Global is the largest, most powerful global network of owner-operated commercial real estate firms actively managed to deliver seamless, exceptional performance to corporate real estate clients with local, regional or global needs.

Successfully serving the needs of domestic and multinational corporations of all sizes for over 30 years, NAI understands that cost savings and resource conservation, together with helping clients capitalize on opportunities, are among the greatest benefits we can deliver. Given our global resources and reach, we can help you advance your business in ways and locations you may not have considered.

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Let’s Work Together

NAI Carolantic serves the commercial real estate needs for Raleigh/Durham and the Triangle region to the coast of North Carolina. NAI Carolantic provides full-service Brokerage, Property Management Services, as well as Land Development. NAI Carolantic has steadily grown by meeting client needs and partnering with tenants and others to promote mutual growth and prosperity in all aspects of commercial property ownership.

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