Flex office providers lead the way in Charleston

Office-user industry leases analyzed, average office footprint in square feet by sector since 2020 compared to 2016-2019
  • Since 2020, office users in Charleston have decreased their footprint significantly when compared to leasing activity between 2016 and 2019. Presently, flex office providers are driving the market with a current average lease size of 23.3k square feet. These coworking solutions reduce space underutilization by accommodating hybrid work models.
  • The consulting, research, accounting & recruiting sector closely follows behind flex office sector but experienced less change in size of their office footprints since the pandemic. The average size of flex office providers has decreased by 52%, while consulting, research, accounting & recruiting experienced a decline of 25%.

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US-SC-CRW Charleston