Charleston's office market continues to outpace the national average
- As Charleston continues to solidify its position as a top inbound market, the city's office market has seen a modest 0.46% increase in vacancy rates—well below the national rise of 7.66% since 2020.
- Tenants are placing greater emphasis on quality of life and Charleston’s attractive lifestyle, vibrant culture, paired with South Carolina’s favorable economic conditions have fueled a continuous stream of businesses relocating to the area.
- At the start of the year, Charleston’s office vacancy rate was at 14.99%, reflecting a 4.88% lower rate than the national average.
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