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Charleston Office
25 Calhoun Street
Suite 220
P.O. Box 610 (29402)
Charleston, SC 29401
USA (Map)
Tel: +1 843 723 1202

Columbia Office
1301 Gervais Street
Suite 600
Columbia, SC 29201
USA (Map)
Tel: +1 803 254 2300

Greenville Office
55 E. Camperdown Way
Suite 200
Greenville, SC 29601
USA (Map)
Tel: +1 864 297 4950

Colliers International leases 51,713 square feet of Class A suburban office space in Greer, SC

Greenville, SC - Colliers International’s Brantley Anderson leased 51,713 square feet of Class A suburban office space at 979 Batesville in Greer, SC. Anderson represented the owner, who currently occupies part of the building and will be joined by the new tenant, Regional Management Corporation.

The new occupancy further stresses the growing demand for office space in the Greenville market. Additionally, this transaction represents the absorption of a large block of available space, leaving very few opportunities for other large office users in the suburban market.

The city’s suburban market has tightened over the past year. Colliers’ latest office market report for the MSA showed total vacancy rates for I-385/85 suburban submarkets are down to 17.6% from 18.2% the previous year. There is a growing demand for Class A office space and a lack of inventory for Class A space over 20,000 square feet. Suburban submarkets prove to be attractive to tenants, given their lower rental rates and greater options for space, which positioned 979 Batesville ideally in the market for successful lease-up. 979 Batesville contains 98,000 square feet of office space and is located in the highly sought-after Pelham Road/I-85 submarket of Greenville, SC, making it desirable to employees across the entire Upstate.

“We have seen a growing interest and need for the suburban office space,” said Anderson. “The suburbs offer free parking, convenient access and often feature recently renovated buildings, all of which are offered at 979 Batesville.”

Anderson is a Brokerage Associate who specializes in office brokerage.

ABOUT COLLIERS INTERNATIONAL

Colliers International South Carolina has over 150 staff members, including 64 real estate professionals. Total brokerage volume for the firm in 2017 exceeded $680 million involving over 900 sales and leasing transactions. Colliers International is the largest manager of commercial property in South Carolina and is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM), with a portfolio at year-end 2017 of approximately 14 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 53 professional designations, the most of any firm in South Carolina.

Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that helps clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm. Colliers also has been ranked the top property manager in the world by Commercial Property Executive for two years in a row.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter (@Colliers) and LinkedIn.

TAGS: Office

Media Contact

Liz McCary
Vice President of Marketing | South Carolina
Direct: +1 803 401 4269
liz.mccary@colliers.com


South Carolina