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2021 Q2 Office Columbia Report

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Columbia market returning to pre-pandemic activity

Key Takeaways

  • Office market returning to pre-pandemic activity
  • Office tenants choose to renew rather than relocate
  • Columbia office market is expected to return to positive activity following a slight decline

At the start of the 2020 global pandemic, tenants were considering moving out of dense urban areas to more spacious suburban submarkets, and others forecasted additional demand for properties with single story and individual suites and their own entrance to avoid sharing space in building lobbies, elevators and restrooms.  Other forecasts speculated tenants would begin buying their own office buildings.  Additionally, companies began researching plans to downsize because employees may be working remotely more frequently or utilizing hoteling workspaces.  

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2021 Q2 Office Columbia Report

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Related Experts

David Lockwood

Executive Vice President and COO | South Carolina

Columbia

I have a great appreciation for business competition and enjoy helping our team members win. This has been relevant in my career in brokerage activities with our clients and now with my approach to management. I enjoy seeing the success of people within Colliers who apply a strong work ethic and perservere to win assignments. I possess a strong passion for helping our clients achieve their goals whether it is in leasing space or determining solutions to complicated real estate matters. 

I am very active in numerous real estate organizations. I am a South Carolina Real Estate Commissioner. I am currently the Vice President of SIOR Global and will assume the role of President-Elect in October 2022.

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Henry Roe

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Tommy Johnson

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Allen Wilkerson

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Mary Teaster

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My focus is local office brokerage, with a focus on tenant representation as well as buyer and seller representation. 

I have over 40 years of experience in the the Midlands business community and I strive to bring a positive attitude and passion for the area and its attributes. As a problem solver with “big picture” vision, my professional and personal strength is networking and establishing strong relationships. I possess extensive experience in working with small business owners, professionals and non-profit organizations.

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Tommy Tapp

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Crawford Prezioso

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My role is to represent owners, landlords, users and tenants in the leasing, sale and disposition of commercial properties throughout Columbia and central South Carolina. My knowledge of the local Columbia market comes from a lifetime of living and growing in this community, then working with clients across the city and region. I have seen this city grow before my eyes and am excited for where it will grow next.

With my background in business development and management, I understand the unique challenges and pain points that business owners face. My job is to advise and counsel you on your real estate decisions so that they align, support and advance your business goals. Clients rely on me to walk them through the real estate process and understand what comes next, and I ensure that you can trust me by remaining honest, transparent and accountable at all stages of my relationship with clients.

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