North Hills is a prime-tier Class A submarket of Raleigh-Durham with average asking rent around $40/sqft/yr.
Premier suburban mixed-use Class A. · Tier: prime · Avg rent: $40/sqft/yr
North Hills is Raleigh's premier suburban mixed-use Class A submarket — Kane Realty's master-planned development with deep Class A office, retail, hotel, and residential integration.
Tech, financial services, healthcare HQs, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
GoRaleigh bus; car-dependent.
Multi-modal transit captures the metro's principal professional catchment.
North Hills retail, Midtown Park.
North Hills is one of 5 Class A submarkets we cover in Raleigh-Durham, classified as prime tier with an average asking rent around $40/sqft/yr. Compared with the broader Raleigh-Durham Class A stock, North Hills typically attracts Tech, financial services, healthcare HQs, professional services and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside North Hills: Downtown Raleigh, Downtown Durham, Research Triangle Park, Cary / Morrisville. The full Raleigh-Durham submarket atlas is at /cities/raleigh-durham.
For an institutional Class A occupier evaluating North Hills, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Raleigh-Durham Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.