Greenville-Spartanburg speculative construction will be absorbed by year-end
- Speculative construction is being converted to build-to-suit opportunities for tenants and will likely be absorbed by year-end
- Upstate is driving capital investments and port activity throughout the region
Significant demand within the Greenville-Spartanburg industrial market is creating a unique opportunity for tenants. Over the past two years speculative construction increased year-over-year. However, due to record demand and absorption in the Upstate, speculative construction is now being converted to build-to-suit opportunities for tenants.
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