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High demand drives down vacancies in Raleigh medical office market

Traditional office vacancies have also fallen, but remain well above those of medical properties
The new Wake County Health and Human Services building, pictured, was completed in December 2025 and opened to the public in February 2026. (CoStar)
The new Wake County Health and Human Services building, pictured, was completed in December 2025 and opened to the public in February 2026. (CoStar)
CoStar Analytics
June 18, 2026 | 4:04 P.M.

Vacancies in the Raleigh, North Carolina, medical office market have ticked down over the past two quarters as strong demand continues to outpace completions.

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