Market Insights | Real Estate Up the Road

Commercial Real Estate Research and Analysis for Savannah

Market insight is the essential ingredient in all of the services we offer. We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business.

Recent Reports | Savannah

Industrial warehouse Savannah
2017 3rd Quarter Industrial Market Report | Savannah

The vacancy rate has dropped to 1.22%, which is the lowest rate since we began tracking the market in 1998. Quarterly absorption was over 2.8 million SF, another 2.3 million SF of spec space will break ground in 4Q 2017 - 1Q 2018. 

Savannah Office
2017 Semi-Annual Office Market Report | Savannah

The overall vacancy rate at the end of the 2nd quarter of 2017 was at 11.4%, as compared to 13.9% at the end of 2016. Year to date absorption for 2017 comes to 53,218 SF. The average lease rate rose over the first half of 2017 to $20.68 from $20.25 at the end of 2016.

Industrial warehouse Savannah
2017 2nd Quarter Industrial Market Report | Savannah

The vacancy rate for the 2nd quarter of 2017 has dropped to 1.96%, this rate is reminiscent of the all-time low reached this time last year. The total amount of industrial inventory that is under construction to become available in the market grew to over 5 million square feet this quarter, an increase of over 618,000 SF from last quarter.

Savannah warehouse building
2017 1st Quarter Industrial Market Report | Savannah

The vacancy rate for the 1st quarter of 2017 was 2.54%, as compared to 2.43% at the end 2016. Savannah's total industrial inventory grew to over 50 million SF in the 1st quarter of 2017 as more speculative and build-to-suit options come to market. Absorption for the quarter was 627,117 SF.

Downtown
2016 Year-End Office Market Report | Savannah

The overall vacancy rate at the year-end of 2016 was at 13.9%, as compared to 14.7% at the end of 2015. Total absorption for 2016 came to 27,146 SF. The average lease rate rose slightly from mid-year at $19.98 to $20.25, as compared to $20.08 at the end of 2015. 

2016 Year-End Industrial Market Report | Savannah

The year-end industrial vacancy rate for 2016 was 2.43%, as compared to 3.04% at the end 2015. Savannah's total industrial inventory at the end of 2016 was 49,742,650 SF and absorbed 3,334,600 SF. 

Savannah maritime
2016 3rd Quarter Industrial Market Report | Savannah

The 3rd quarter vacancy rate for 2016 was 2.46%, as compared to 1.93% at the end of the 2nd quarter of 2016, and 2.25% at the end of the 3rd quarter of 2015. Total absorption for the 2nd quarter came to 378,450 SF while the market gained 649,500 SF in new inventory.

Office space Savannah
2016 Semi-Annual Office Market Report | Savannah

The overall vacancy rate at the end of the first half of 2016 was at 13.2%, as compared to 14.7% at the end of 2015. Total absorption for 2016 thus far came to 32,209 SF. The average lease rate stayed respectively the same at $19.98, as compared to $20.08 at the end of 2015.

DockedatPort
2016 2nd Quarter Industrial Market Report | Savannah

The 2nd quarter vacancy rate for 2016 was 1.93%, as compared to 3.22% at the end of the 1st quarter of 2016, and 3.72% at the end of the 2nd quarter of 2015. Total absorption for the 2nd quarter came to 829,130 SF.

Savannah dock doors
2016 1st Quarter Industrial Market Report | Savannah

The 1st quarter vacancy rate for 2016 was at 3.22% as compared to 3.04% at the year-end of 2015, and 4.83% one year ago, at the end of the 1st quarter of 2015. Total absorption for the 1st quarter came to 828,450 SF.

Savannah workspace
2015 Year-End Office Market Report | Savannah

The overall vacancy rate for 2015 was at 14.7%, as compared to 17.4% at the end of 2014. Total absorption for the 4th quarter came to 16,038 SF. The average lease rate stayed respectively the same at $20.08, as compared to $20.34 at the end of 2014.

Vacancy
2015 4th Quarter Industrial Market Report | Savannah

The overall vacancy rate for 2015 was at 3.04%, as compared to 2.25% last quarter, and 5.46% at the end of 2014. Total absorption for the 4th quarter came to -175,922 SF, decreasing total absorption for 2015 to 2,187,716 SF.

Browse all reports

Expertise

We pride ourselves on building and sharing expertise in order to create success for our clients and our people. Our passion for continuously expanding our knowledge base enables us to take a fresh and imaginative approach to everything we do.

Visit now
Savannah