Investment banking occupiers in Raleigh-Durham typically cluster in Downtown Raleigh, plan ~215 sqft per seat at trophy fit-out ($220–310/sqft), and pay around 36 USD/sqft ($36 USD) on Class A.
Investment banking occupiers in Raleigh-Durham typically cluster in Downtown Raleigh, plan ~215 sqft per seat at trophy fit-out">fit-out ($220–310/sqft), and pay around 36 USD/sqft ($36 USD) on Class A.
Investment banking occupiers in Raleigh-Durham typically anchor in Downtown Raleigh. Tech, professional services, government, hospitality HQs.
Class A rent in Raleigh-Durham runs 36 USD/sqft ($36 USD) on a 10-year lease with 12 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical investment banking fit-out targets trophy specification at $220–310/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.
Plan around 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount banking office in Raleigh-Durham typically targets 21,500 sqft of leasable area.
Bulge-bracket teams favor signature trophy assets with full client-facing programming and large floor plates. Among the deepest tech and life-sciences talent pools in the US Southeast — anchored by Duke, UNC Chapel Hill, and NC State. Strong in-migration from the Northeast and West Coast continues to broaden the engineering and biotech base.
Headline corporate tax: 23%. Modified-gross structures. 10-year terms standard. Free rent of 10-14 months and TI of $80-$120/sqft typical on a 10-year Class A deal.
| city | Raleigh-Durham |
|---|---|
| industry | Investment banking |
| naics | 523150, 522110 |
| preferredSubmarket | Downtown Raleigh |
| preferredFitoutSpec | Trophy |
| fitoutBand | $220–310/sqft |
| sqftPerSeat | 215 |
| classARentLocal | 36 USD/sqft/yr |
| classARentUsd | $36/sqft/yr |
| vacancyPct | 16.8% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 12 |
| talentIndex | 80 |
| corporateTaxPct | 23% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.