Charleston industrial real estate market reports

2Q21 highlights and trends

Overall vacancy in Charleston is at a record low, totaling 2.6%, and year-to-date leasing activity increased by 17% compared to the first half of 2020. Increased construction, rebounding activity and absorption in the first half of the year is expected to push 2021 totals to pre-pandemic levels.

3.3%

Economic conditions

Unemployment rate in Charleston. Strong population growth has contributed to a labor force growth rate three times the national average. 

1.3M

Cargo volume

South Carolina Ports handled 1.3M TEUs at the Port of Charleston YTD 2021.

3M

Industrial demand

Mide-year total leasing activity of 3M sf is up 17% from this time last year.

5.5%

Industrial supply

The overall vacancy rate for the Charleston industrial market continued to show resilience with vacancy at a record low of 5.5%, even with new supply coming online. 

$5.55

Pricing trends

Asking rents increased by 3.8% since the start of the pandemic and have continued a steady upward trajectory for a decade.

$196M

Capital markets

Charleston experienced a pause in 2020, but activity has picked up again YTD 2021. Industrial volume from 2020 to YTD 2021 totaled $196M.

Download Charleston Industrial Insight Report

Your source for the latest Charleston industrial real estate reports

Stay on top of current trends affecting the industrial real estate sector in the Lowcountry. Gain an overall better understanding of Charleston's industrial real estate market conditions, so you can better formulate strategies to overcome any obstacle and know how to best invest in industrial real estate in Charleston.

Here, you’ll always find the latest industrial real estate market news so you can stay ahead. Come back often to see expert insights on the current and future of Charleston industrial real estate market.

Get the latest Charleston office market reports right in your inbox

Subscribe today

Please allow cookies to enable this feature

Our contact service requires the use of cookies to provide an optimal experience for you. Your current cookie setting prevents us from sharing this feature with you.

Allow cookies