MARKET INSIGHTS
Commercial real estate offices in Charleston, Columbia and Greenville, South Carolina

South Carolina

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

Q3 2017 Charleston Office Market Report

The vacancy rate at the end of the third quarter of 2017 was 7.4%, down from 7.9% at the end of last quarter. Market-wide, 63,000 square feet were absorbed, with no new buildings added to the supply in the quarter. The average asking rental rate at the end of the third quarter of 2017 was $26.92 per square foot per year full service. Since the third quarter of 2016, the overall rental rate had increased 14.3% from $23.55 per square foot per year full service...

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Related Office Market Reports

Q3 2017 Greenville Office Market Report

Large Blocks of Sublease Space Become Available Downtown
The vacancy rate was 17.7% at the end of the third quarter, up from 16.25% last quarter, largely due to a large amount of sublease space becoming available in the downtown submarket.

Related Charleston Market Reports

Q2 2017 Charleston Industrial Market Report

Industrial Expansion Continues
The Charleston industrial market had strong activity in the second quarter, with rapid expansion of the manufacturing, logistics and warehousing sectors continuing.

Q2 2017 Charleston Retail Report

Patience Required for Charleston’s Retail Tenants
The current economic expansion in Charleston is entering its ninth year, and tenants are finding it increasingly difficult to move from site identification to opening.

Q4 2016 Charleston Investment Report

Investment Opportunities Strengthen
Expansion in Charleston is visible, with construction levels at record highs, overall vacancy rates trending down across most property types, average asking rental rates on the rise and more robust investor activity.

Q4 2016 Charleston Multifamily Market Report

Development on the Summerville Horizon
A wave of employers and new residents moving to Charleston is driving the success of new multifamily developments delivering market-wide.

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