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A Guide to Office Space in Raleigh

Posted on: 25th July 2024

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A Guide to Office Space in Raleigh

Located in North Carolina, the capital city Raleigh thrives as a dynamic buzzing business ecosystem, excelling in the fields of technology, entrepreneurship, and life sciences.

One of the main reasons behind this success is ‘the Triangle’, an area that comprises Raleigh, Durham, and Chapel Hill.

The Triangle is home to the standout Research Triangle Park, the largest research park in the country. The Research Triangle Park has attracted tech giants like IBM, Lenovo, and Fidelity. This has helped Raleigh to build a strong economy and workforce.

With a diverse population, good education, resident entrepreneurs, a wealth of business resources, and a lower-than-average cost of living, office space in Raleigh is in high demand.

Choosing an office space here gives you exclusive access to business events, a network of experts in your field, and affordable talent.

Geography of Raleigh

Named after the famous explorer Sir Walter Raleigh, the city of Raleigh was founded in 1792. It is located in the east-central area of North Carolina, where hilly Piedmont meets the flat coastal plain.

Basking in a pleasant and temperate climate all year round, Raleigh is the perfect place for outdoor pursuits, with mountains, greenways, forests, and the ocean all within easy reach.

Raleigh’s geography also offers exceptional connectivity, with both Durham and Chapel Hill less than a 40-minute drive away. This has allowed an interconnected hub of startups and established businesses alike to form a hub of innovation in the Research Triangle.

Top business areas in Raleigh

Raleigh is one of the country’s fastest-growing cities. Its many districts, neighborhoods, and surrounding towns help to support the city as a business hub. This is why you will find plenty of office rentals in Raleigh.

Some of the different business areas in Raleigh are:

  • Downtown Raleigh: Downtown Raleigh is the city’s cultural center. With green spaces, museums, shopping, restaurants, and drinking spots, Downtown Raleigh is the perfect spot for business drinks and networking.
  • North Hills: North Hills is a diverse development located five miles from downtown Raleigh. With luxury boutiques, hotels, bars, eateries, and cinemas, North Hills offers a smooth transition from work to play.
  • Research Triangle Park: If you’re in Raleigh to rent office space, one of the best places to work in the city is the Research Triangle Park or RTP. It encompasses the three cities of Raleigh, Durham, and Chapel Hill.
  • Glenwood South: Glenwood South is located just south of downtown Raleigh and is one of the city’s fastest-growing areas. As well as art galleries, fitness studios, and shops, there are lots of up-market eateries here, ideal for long business lunches.
  • Crabtree Valley: Crabtree Valley is one of Raleigh’s busiest shopping hubs, with a huge mall. The area is also popular with cyclists and runners, thanks to the picturesque Crabtree Creek.

5 businesses based in Raleigh

Hundreds of internationally-owned businesses have set up shop in Raleigh. Thanks to Raleigh’s large talent pool and low business costs, more and more businesses are relocating to the area, or opening new offices there.

  • IBM: IBM is a tech leader and has been involved in the invention of some of the most innovative technologies on the market.
  • Epic Games: Epic Games, Inc. is a cutting-edge video game and software developer, best known for creating the popular online game Fortnite.
  • Lenovo: Lenovo is another tech giant, manufacturing smartphones, laptops, televisions, and wearable devices.
  • Fidelity: Fidelity International is a global company offering investment solutions and retirement expertise.
  • Siemens: Siemens is a German multinational technology conglomerate involved in sustainable energy, infrastructure, sustainable energy, and industrial automation.

Why you should rent an office in Raleigh

Raleigh is an amazing place to do business for many reasons. Here are our top reasons for renting permanent or temporary office space in Raleigh.

1. Industry diversity

Raleigh is home to a multitude of companies and startups across different industries, making it a diverse place to start and grow a business. Just a few of the sectors you’ll find here are aviation, defense, cleantech, life sciences, and advanced manufacturing.

It’s this diverse array of industries that has helped contribute to Raleigh having the second-fastest-growing MSA (Metropolitan Statistical Area) in the US, second only to Austin, Texas.

Raleigh is also part of the Raleigh Chamber’s Triangle diversity, equity, and inclusivity alliance. This collaborative effort actively works to foster even greater diversity in the commercial landscape of the city.

2. Access to top talent

With such diverse businesses, it’s no surprise that Raleigh attracts and nurtures a talented and diverse workforce.

Raleigh is well-known for being a top educational center, housing esteemed institutions like Chapel Hill University, Duke University, and North Carolina State University.

Here, students develop the knowledge and skills they need to succeed, becoming talented graduates that strengthen Raleigh’s workforce. Over 446,000 Raleigh graduates enter the workforce each year.

Wake County Economic Development also created the Work in the Triangle initiative in partnership with the Raleigh Chamber. This program works to encourage people to work and grow their careers here.

3. High quality of life

Diverse industries and top talent aren’t the only reasons why Raleigh is such a vibrant place to live. It also ranks highly for quality of life and well-being.

Factors like a low cost of living, high safety, and opportunities for leisure ensure that there is a good work-life balance here. This high quality of living in turn lends itself to a more positive business environment.

Raleigh is also bursting with award-winning restaurants, shops, entertainment venues, and green spaces, making it a great place to both live and work.

4. Tech hub growth

Raleigh has been recognized as the second-fastest growing tech hub in the U.S., and the Raleigh Metro lists over 4,000 tech companies with over 60,000 employees. With so many successful tech companies populating the city, it has encouraged the growth of a thriving tech startup sector too.

This bustling community of entrepreneurs and creative minds has boosted the commercial prospects of the entire city, drawing in businesses of all sizes and industries.

5. Research Triangle

The Research Triangle in North Carolina is a key center for businesses. It significantly contributes to the fields of biotechnology, environmental sciences, and information technology.

Its pivotal role in pharmaceutical advancements has led to the development of life-saving drugs, showcasing its strength in the biotech sector.

Additionally, the Triangle is a leader in clean technology. It has spearheaded efforts in sustainable energy solutions and environmental conservation, reflecting its commitment to ecological sustainability.

The RTP has also excelled in cutting-edge research in software development and cybersecurity. Like many of the innovations that have come from this region, these advancements have been made through collaborations between the academic and research institutions here.

7. Pro-business regulatory environment

As a city within North Carolina, Raleigh enjoys access to many unique and particularly advantageous commercial incentives.

Firstly, the state has the lowest corporate income tax rate in the US at 2.5%. This includes some of the lowest state and local business tax burdens and highly competitive effective tax rates for new and mature corporate HQs.

Beyond taxation, businesses in Raleigh can also enjoy support through many other incentives.

These include the Job Development Investment Grant and the One North Carolina Fund. Both of these offer cash grants to businesses that meet specific job creation and investment criteria.

It’s this pro-business attitude that has cemented North Carolina’s consistently high rankings as a top place to do business.

How much are the offices to rent in Raleigh, NC?

Business space for rent in Raleigh, NC offers an affordable choice amongst other US cities.

At Regus, we can provide you with an office space here for as little as $225. This can make it a particularly attractive choice for businesses, even compared to other cities in the state.

They can also be certain that an office space here is much more affordable than the costs of other popular workspace destinations, such as Manhattan and Los Angeles. Businesses establishing themselves in Raleigh will discover that a premium office environment doesn’t necessarily require a premium price tag.

Office space for rent in Raleigh, NC

Choosing the perfect office space can be difficult, but our Raleigh office spaces offer total flexibility, helping your business to flourish. Explore our vibrant coworking spaces to find like-minded professionals and networking opportunities in the area.

Read on to explore our top choices of offices for rent in Raleigh NC.

Crabtree Terrace

Boasting a selection of stylish offices and meeting rooms, Crabtree Terrace is a compelling choice for businesses seeking a blend of style and functionality.

It features a sleek glass exterior that floods its workspaces with natural light, keeping its residents energized and motivated. The location is also surrounded by convenient shopping, dining, and convenient transport options.

Plus, its networking potential extends beyond the office with a trendy rooftop bar nearby.

Highlights include:

  • Glass façade building
  • Collaborative break-out areas
  • Fully equipped meeting rooms

Information about Crabtree Terrace:

  • Location: 4509 Creedmoor Road, Raleigh, NC, 27612
  • Starting cost: From $395 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Creedmoor Road Bus Stop (a one-minute walk away) and Glenwood Ave Bus Stop (a three-minute walk away)

4112 Pleasant Valley Rd

Pleasant Valley Road could be your new business headquarters. This is a fantastic place for businesses in the technology or innovation space and has adequate space for teams of any size.

A professional office environment, Pleasant Valley Road offers collaboration and networking opportunities in a pleasant and bustling environment. Raleigh-Durham International Airport is just 26 km away and offers worldwide connectivity for those looking for global growth.

Highlights include:

  • Fully equipped meeting rooms
  • Collaborative break-out areas
  • Nearby green spaces

Information about Pleasant Valley Rd:

  • Location: 4112 Pleasant Valley Rd, Raleigh, NC, 27612
  • Starting cost: Prices available upon request
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Townridge Shopping Center Bus Stop (a four-minute walk away) and Glenwood Ave at Pleasant Valley Rd Bus Stop (a four-minute walk away)

9121 Anson Way

For one of our most modern options for office space in downtown Raleigh, 9121 Anson Way is one of our recently renovated business centers.

Located just 20 minutes from downtown Raleigh, it is easily accessible from I-540 and the Raleigh-Durham Airport. This makes it a strategic choice for businesses of all sizes.

Featuring brand-new open-plan meeting spaces, private offices, and custom offices, this professional and modern environment is the perfect place to impress clients. Nearby grocery stores and restaurants add to the convenience, ensuring everything you need is within reach.

Highlights include:

  • Bicycle storage
  • Collaborative break-out areas
  • On-site parking

Information about Anson Way:

  • Location: 9121 Anson Way, Raleigh, NC, 27615
  • Starting cost: From $265 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Six Forks Rd at Office Center Dr (IB) Bus Stop (a five-minute walk away) and Six Forks Rd at Office Center Dr (OB) Bus Stop (a six-minute walk away)

Forum I

A stunning building nestled among green trees and outdoor spaces, Forum I is in the premium north Raleigh business community.

Less than one mile from I-540 and under 15 minutes from Raleigh-Durham International Airport and the renowned Research Triangle Park, Forum I is easily accessible, ideal if you have international clients.

There are lots of convenient on-site amenities to choose from, too.

Highlights include:

  • Sandwich/coffee bar
  • Outdoor terrace
  • Secure underground parking

Information about Forum I:

  • Location: 8601 Six Forks Road, Raleigh, NC, 27615
  • Starting cost: From $225 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Six Forks Rd at Forum Dr Bus Stop (a two-minute walk away) and Strickland Rd at Six Forks Rd (a 12-minute walk away)

North Hills Tower II

If you’re after private office spaces for rent in Raleigh, look no further than North Hills Tower II.

A striking 18-story building with beautiful scenic views, North Hills Tower II is located in Raleigh’s flourishing North Hills area and offers easy access to the I-440. It is also LEED (Leadership in Energy and Environmental Design) gold-certified, making it a leading choice for eco-conscious businesses.

For meeting with clients or celebrating with colleagues, you can also enjoy the many high-quality eateries nearby.

Highlights include:

  • Outdoor terrace
  • Secure underground parking
  • Accessible

Information about North Hills Tower II:

  • Location: 4242 Six Forks Road, Raleigh, NC, 27609
  • Starting cost: From $489 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: North State Bank Bus Stop (a four-minute walk away) and St Albans St at Camelot Dr Bus Stop (a six-minute walk away)

8024 Glenwood Ave

When you need to get the creative juices flowing, 8024 Glenwood Avenue is just the place. It has a range of offices with enough space for teams of any size and is particularly well-suited to businesses in the medical and research sectors.

Here you’ll find everything you need to succeed, from the stylish, open-plan lobby to a range of modern workspaces that include dedicated coworking areas, and fully-equipped meeting rooms.

Better yet, while you’re waiting for inspiration to strike, take a hike along the stunning Umstead State Park Sycamore Trail.

Highlights include:

  • Private garage
  • Fully equipped meeting rooms
  • Collaborative break-out areas

Information about Glenwood Avenue:

  • Location: 8024 Glenwood Ave, Raleigh, NC, 27612
  • Starting cost: From $265 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Grove Barton Road Bus Stop (an 18-minute drive away)

Captrust Tower

Boasting flexible office spaces with unparalleled views, Captrust Tower is situated in the North Hills business community.

By choosing to work at this prestigious development, you’ll be rubbing shoulders with professionals from legal, financial, and tech companies. It also has a LEED certification for those who prefer a sustainable workspace.

Highlights include:

  • Outside seating area/terrace
  • On-site parking
  • In-house restaurant

Information about Captrust Tower:

  • Location: 4208 Six Forks Road, Raleigh, NC, 27609
  • Starting cost: From $399 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Midtown - North Hills Mall Bus Stop (a three-minute walk away) and North State Bank Bus Stop (a six-minute walk away)

The Dillon

The Dillon is a super modern creative workspace in the desirable Warehouse District.

With a LEED certification, this center combines historic design with contemporary style. It also features floor-to-ceiling windows which ensure plenty of natural light and a focused environment.

After the workday is over, professionals here benefit from easy access to some of Raleigh’s top cultural spots. These include some of the city’s top museums, art studios, and fine dining.

Highlights include:

  • On-site gym
  • Bicycle storage
  • Secure underground parking

Information about The Dillon:

  • Location: 223 S. West Street, Raleigh, NC, 27603
  • Starting cost: From $609 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Raleigh Union Train Station (a two-minute walk away) and West St at Hargett St Bus Stop (a two-minute walk away)

One City Plaza

Located in downtown Raleigh’s central business district, One City Plaza is one of our standout locations. If the newly renovated first-floor lobby and modern office spaces don’t dazzle clients, the views of City Plaza surely will.

This is a wonderful opportunity to find a small office for rent in Raleigh, although you’ll find offices of all sizes here.

On-site amenities include a new fitness center and a sandwich and coffee bar, and the New Marriott Hotel and New Raleigh Convention Center are right on the doorstep.

Highlights include:

  • Gym and fitness room
  • On-site lunch restaurant
  • On-site sandwich/coffee bar

Information about One City Plaza:

  • Location: 421 Fayetteville Street, Raleigh, NC, 27601
  • Starting cost: From $295 per month
  • Opening hours: Private Office and Dedicated Desk access is 24/7 access; Memberships access during reception hours
  • Nearby transport links: Raleigh Union Train Station (a 15-minute walk away) and Wilmington St at Cabarrus St Bus Stop (a three-minute walk away)

Explore serviced offices in Raleigh with Regus

Raleigh is truly one of the best places to grow a business in the state of North Carolina. By choosing an office space in Raleigh NC, you can bring greater growth to your business while immersed in a thriving tech hub.

To find serviced offices in Raleigh that meet the needs of your business, get in touch with us today.

Topics in this article

  • Area Guides

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