Leasing activity remains steady with consistent tenant demand
Leasing activity in the Raleigh-Durham office market remained stable in Q3 2025, consistent with the same period last year. A total of 0.7 million square feet (msf) was leased during the quarter, reflecting ongoing tenant movement across a mix of industries. Notable transactions included Tanium’s 48,500-square-foot (sf) renewal and expansion at 555 S Mangum Street in Downtown Durham and LNW Gaming’s 25,731-sf lease at 1 Glenwood Avenue in Downtown Raleigh. These transactions reflected continued activity among technology, advertising, media, and information firms. Sublease availability declined by 0.7 msf year over year, signaling measured progress toward improved occupancy conditions.