Industrial & Flex Space

Tenant and landlord representation for warehouse, flex, and industrial properties across the Triangle.

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Triangle warehouse and industrial space

Featured commercial listings

101 Cosgrove Avenue, Chapel Hill, NC
Office

101 Cosgrove Avenue, Chapel Hill, NC

From $625,000

7,319 RSF · For Sale or Lease
109 Church Street, Chapel Hill, NC
Retail

109 Church Street, Chapel Hill, NC

Call for Rate

6,000 SF · Downtown Chapel Hill
1600 E. Franklin Street, Chapel Hill, NC
Office

1600 E. Franklin Street, Chapel Hill, NC

$2,300,000

12,800 SF · For Sale or Lease

Industrial and flex space in the Triangle

Flex space is more prevalent around Greater Chapel Hill. Warehouse is more prevalent around Durham and Chatham County. TRES represents both tenants and landlords across the spectrum, from small-tenant flex deals up through the largest warehouse listings.

01

From 1,500 SF flex up to 305,000 SF warehouse

TRES has handled industrial transactions across the Triangle from 1,500 SF flex deals up through the 305,000 SF warehouse currently listed for lease in Chatham County. The same broker walks the small flex space and the big-box warehouse, so the underwriting and the lease structure carry over.

02

Where the inventory sits

Flex space concentrates around Greater Chapel Hill. Warehouse and distribution inventory concentrates around Durham and Chatham County, including the 305,000 SF Chatham warehouse currently listed for lease. Northern Wake County and the corridors out of Durham see industrial activity as well.

03

Build-to-suit

When existing inventory does not fit the requirement, TRES handles build-to-suit deals from site selection and deal structure through contractor engagement and milestone oversight. TRES does not have a construction division. Once your contractor has plans, we stay informed at milestones and step back in if the deal needs to be renegotiated or restructured.

Where we work

Choose a community for local market context and current listings.

Chapel Hill, NC
Chapel Hill

TRES's home market. UNC and UNC Health drive demand for Franklin Street retail and medical office, while residential ranges from condos near campus to estate homes in Governor's Club. Chapel Hill–Carrboro City Schools rank among the top three districts in North Carolina.

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Carrboro, NC
Carrboro

Carrboro is a walkable, bike-friendly town on the bus line, anchored by Weaver Street Market, a long-standing food co-op. Families enjoy main-street charm alongside restaurants and eateries that draw neighbors out nightly.

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Durham, NC
Durham

Anchored by Research Triangle Park, Durham is a blossoming city with high-end dining, DPAC, and the Durham Bulls. Mixed-use growth continues across office, tech, medical, and new residential communities.

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Hillsborough, NC
Hillsborough

Hillsborough is the Orange County seat with a historic downtown worth lingering in. It feels like a retreat outside the major hubs while staying close enough to commute into Chapel Hill or Durham. Residential parcels tend to be larger than closer-in Triangle pockets.

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Pittsboro, NC
Pittsboro

Pittsboro has grown from a small town into a larger community with new housing developments, fine homes, and emerging mixed-use and retail. It works well as a bedroom community for Raleigh, Cary, and Apex while keeping Chapel Hill and Jordan Lake within easy reach.

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Ready to discuss your industrial space needs?

Whether you're looking for warehouse, flex, or lab space, or you own industrial property and want to maximize its value, the first conversation is just a conversation. Reach out anytime.

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Frequently asked questions

In most industrial lease transactions, the landlord pays the brokerage commission. You receive professional representation focused on your operational needs and negotiating leverage at no direct cost to your business.

For standard dock-high warehouse, 6 to 9 months is typical. For larger facilities over 50,000 square feet, specialized space like cold storage, or build-to-suit projects, plan for 12 to 18 months. The Triangle industrial market is tight, and early engagement gives you significantly more options.

Flex space typically combines office and warehouse or light industrial under one roof, with ceiling heights of 14 to 18 feet and some dock or drive-in access. Traditional warehouse features higher clear heights (24 feet or more), dock-high loading, and minimal office build-out. We help you determine which configuration best serves your operations.

Industrial leases are almost always triple-net (NNN), meaning you pay base rent plus property taxes, insurance, and common area maintenance. We review the landlord's operating expense history, negotiate caps on controllable expenses, and make sure maintenance responsibilities are clearly defined so there are no surprises.

Yes. When existing inventory does not meet your requirements, we help structure build-to-suit transactions with developers and landowners. We negotiate everything from site selection and building specifications to lease terms and delivery timelines.

We analyze recent comparable lease transactions for similar building specifications. Clear height, dock count, condition, and location. We also factor in current vacancy rates and absorption trends in your submarket. The goal is a rent that reflects true market value and attracts tenants quickly.

We screen prospective tenants for environmental risk as part of the qualification process and build appropriate use restrictions, environmental compliance provisions, and indemnification language into the lease. For properties with existing environmental considerations, we work with your counsel to ensure proper disclosure and protection.

We begin marketing upcoming availabilities well before lease expiration, maintain a pipeline of active prospects, and leverage our relationships with tenant reps and expanding companies. For properties where downtime is unavoidable, we help evaluate short-term or interim-use strategies to bridge the gap.