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

Q4 2017 Charleston Office Market Report

The Charleston market is vibrant and continues to strengthen due to new construction, increasing employment, tightening vacancy and increasing rental rates. The overall market vacancy rate has steadily decreased throughout the past year from 8.96% during the fourth quarter of 2016 down to as low as 7.41% during the third quarter of this year. Now it is 8.79% after the delivery of new construction to the market this quarter. The market average full service rental rate has increased to $25.68 per square foot, up from $24.64 per square foot one year ago. From this...

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Related Office Market Reports

Q4 2017 Columbia Office Market Report

Renew, redevelop or sublease are the options Columbia tenants face
As the market tightens, tenants will renew their current leases or redevelop unconventional space.

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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