- The Spartanburg submarket recorded the strongest rent growth, with asking rates rising 10.4% year over year to $25.55 per square foot as of Q4 2025. This increase was supported by limited availability and nearly 40,000 square feet of positive absorption during the year.
- In contrast, the Anderson County submarket experienced the largest decline, with asking rates falling 8.6%. This decrease was primarily driven by tenants relocating into the urban cores of Greenville and Spartanburg, reflecting an ongoing flight‑to‑quality trend.
- Overall, the Greenville–Spartanburg market’s average asking rent stands at $26.61 FS, a slight uptick from Q4 2024. As leasing momentum continues, further rent growth is anticipated.
How Greenville’s office market asking rates have shifted over the past year
March 9, 2026
Additional resources
Get market intel
US-SC-GSP Greenville