Charleston Industrial Real Estate Market Reports | Avison Young US - Charleston
Charleston industrial market report
The Charleston industrial market is experiencing increased net absorption, with landlords compensating for rising building costs through concessions. Vacancy remains low especially for big box buildings.
The average weighted TI allowance for industrial leases has increased by 54% from 2022 to 2023 YTD, with several reaching $10.
Big box vacancy
Industrial big-box facilities (500k+ sf) are experiencing high demand, with 1.3% total vacancy.
Net absorption vs. 5-year average
The Charleston industrial market’s Q3 2023 net absorption (YTD) is up 46.2% compared to the five-year average.
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 industrial market reports right in your inbox