South Carolina avoids macroeconomic headwinds
Key Takeaways
- South Carolina industrial vacancy is at an all-time low of 3.08%
- Ongoing demand with declining vacancy rates and positive absorption continues to outweigh economic uncertainty
Record-setting speculative development throughout South Carolina continued into the third quarter of 2022. Developers continue to be bullish on the industrial market with both construction and absorption remaining high and vacancy at a record low this past quarter.
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