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2022 Q3 Medical Office South Carolina Report

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Medical office users migrating to traditional office buildings in Columbia

Key Takeaways

  • South Carolina medical office vacancy rate was 4.3% during the third quarter of 2022
  • Traditional office buildings are attracting medical tenants in Columbia due to lower rental rates

Many medical users have found they no longer need to be located on a hospital campus to deliver patient services. In Columbia, on-campus medical offices are quoting higher rental rates than traditional office buildings despite the fact some are aging and need improvements.

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2022 Q3 Medical Office South Carolina Report

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Related Experts

Matthew Pollard

Senior Brokerage Associate

Columbia

As a Senior Brokerage Associate, my focus is on office and medical tenant representation, helping clients navigate the ever-changing commercial real estate market to maximize their employees’ productivity and shareholder value. 

As a former commercial banker, I understand the importance of investing the time to understand a client’s business, strategies and key objectives. Clients appreciate my trusted partnership in planning for long-term success. My experience is focused on the qualitative and quantitative analysis of businesses, driving the risk conversation and providing innovative solutions to solve customer’s problems throughout a company’s life cycle.

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