In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in North Carolina: 369,805 Sq. Ft.
In North Carolina, the largest share of office space is in office properties sized 50k to 100k square feet. In terms of quality rating, you’ll find that 60,000 square feet of office space in North Carolina is rated Class A. Office space rated Class B amount to 256,536 square feet.
North Carolina Office Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Office |
50k to 100k Sq. Ft. |
120,282 Sq. Ft. |
32.53% |
North Carolina Office Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Office |
Class A |
60,000 Sq. Ft. |
16.22% |
Class B |
256,536 Sq. Ft. |
69.37% |
Class C |
53,269 Sq. Ft. |
14.4% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in North Carolina: 15,659,229 Sq. Ft.
North Carolina is home to an industrial real estate market that encompasses 15,659,229 square feet of space across 4 industrial properties of various use types, sizes, and quality ratings.
North Carolina Industrial Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Industrial |
50k to 100k Sq. Ft. |
3,325,224 Sq. Ft. |
21.23% |
100k to 500k Sq. Ft. |
7,668,419 Sq. Ft. |
48.97% |
500k to 1M Sq. Ft. |
2,449,489 Sq. Ft. |
15.64% |
North Carolina Industrial Market Breakdown by Building Quality Rating
Class |
Total Square Feet |
Share of Total Industrial |
Class A |
1,986,542 Sq. Ft. |
12.69% |
Class B |
12,412,485 Sq. Ft. |
79.27% |
Class C |
1,200,202 Sq. Ft. |
7.66% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in North Carolina: 4,016,509 Sq. Ft.
The North Carolina commercial real estate market includes 14 properties that are dedicated to retail use. The various types of retail space here account for 4,016,509 square feet of commercial property in North Carolina.
North Carolina Retail Market Breakdown by Building Size
Building Size Range |
Total Square Feet |
Share of Total Retail |
50k to 100k Sq. Ft. |
1,564,077 Sq. Ft. |
38.94% |
100k to 500k Sq. Ft. |
2,452,432 Sq. Ft. |
61.06% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.