Skip to main content Skip to footer

2021 Q1 Retail Columbia Report

Download Report
alt=""

Key Takeaways

  • Positive absorption is expected to continue within small shops because of a lack of new retail construction space.
  • Entrepreneurs are active in the retail market.
  • Personal services and experiential retail are open and expanding.

Rebirth of entrepreneurial spirit

After any economic downturn there is a burst of activity by entrepreneurs looking for new ventures. Many business owners will want to lease a small storefront in quality shopping centers to establish their business. Business applications throughout South Carolina steadily climbed through 2020 and 2021 and reached an all-time high of 9,931 during April of 2021.

Additionally, as the pandemic has receded, quick service restaurants (QSRs), discounters, fitness operators, personal services and experiential retail have expanded. For example, QSRs such as Popeyes, Starbucks, Taco Bell & Chick-Fil-A have proven to be successful with the growth of food delivery and take out.  

Download pdf

Download the full report

For more information, including the market summary statistics, download the full research report.

Download report

alt=""

2021 Q1 Retail Columbia Report

Download Report
Related Experts

Rox Pollard

Vice President & Director of Retail Services Team

Columbia

I specialize in the sale, leasing, and development consultation of retail properties across the state.  I manage the Colliers SC Retail Team, which delivers retail brokerage and consultation services to clients through Colliers’ four South Carolina offices. 

I pride myself in my ability to maintain excellent communication with my clients throughout the entire real estate process and even after a transaction is completed.  I find that success in my work is defined by making sure that when it is all said and done my clients had an enjoyable and profitable experience.  I consider my relationship with my clients as a partnership to help them achieve their goals.

View expert

Craig Waites

Managing Director

Columbia

I have been with Colliers since 1995, specializing in site selection, land brokerage and the sale of retail/owner-occupied properties. I have completed over 425 transactions with a cumulative value of $350 million.

My niche and expertise are in land valuation, planning and the entitlement process in order to enhance value for land owners. I have extensive zoning efforts, permitting, consultation and predevelopment issues associated with area muncipalities and the South Carolina Department of Transportation.Transportation.

View expert

Tripp Bradley

Vice President

Columbia

I focus on retail land and site selection brokerage. I assess the needs of my clients, analyze the market for opportunities and guide them through the decision-making process that results in the selection of the best locations for their business. Typically, this requires attention to location, visibility, ingress/egress, pricing, zoning, signage, individual market trends, market footprints and overall feasibility, among many other factors that are important and unique to each client.

My number one priority is delivering the best service to my clients. I pride myself in being an asset in finding a solution to a client’s need and define my own success through the success of my clients.

View expert

Danny Bonds

Senior Brokerage Associate

Columbia

As a Senior Brokerage Associate for Colliers International | South Carolina, I specialize in the leasing of neighborhood shopping centers. I am a member of the Colliers Retail Services Team and am responsible for increasing the Colliers retail portfolio in South Carolina. I strive to always do the best that I can, no matter the size of a deal, and I am motivated to continue to do so by exceeding my clients’ expectations. 

I find that working with retail, a brokerage associate must be knowledgeable in recognizing a client’s needs as well as the trends of the market. I believe that I offer valuable insight into the market, excellent communication and the ability to read situations well.

View expert