Greenville office demand: what lease size says about tenant behavior

Pie chart showing total deals and square feet for different size office footprints in Greenville, SC with 90% of leases signed being between 0-10,000 sf
  • Of the 100 office leases signed in Greenville year to date, 90% were for spaces under 10,000 square feet (sf), signaling a strong demand for smaller office footprint.
  • Although the 20,000+ sf category leads in overall volume, only three leases have closed at that size threshold, leaving 19 large-block spaces still on the market
  • The disconnect between available large-block spaces and limited lease activity suggests a need for landlord adjustment—subdividing may be key to unlocking demand from a more active, size-flexible tenant pool.
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Bryse Ranniello

    • Market Intelligence Analyst

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