Developers and industry recruiters have a prime piece of real estate to offer in Downtown Raleigh to dangle as a lure to bring a company headquarters to the Capital City: The big, modern complex occupied formerly by software company Citrix.
A flashing warning light for builders and developers in the Triangle: Vacancy rates are at 15% - a level not seen since the "Great Recession. And developers also face "tepid growth for new office development" in a slowing economy afflicted by interest rates. So warn two commercial real estate firms in the Triangle. And a leading business recruiter says the traditionally strong Triangle will be "forced" to join other metro areas dealing with a downturn.
This story was written for WRAL TechWire partner CBRE | Raleigh. According to polling data from Gallup, as many as 51% of respondents were working from home
This story was written for WRAL TechWire partner CBRE | Raleigh. According to polling data from Gallup, as many as 51% of respondents were working from home
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