Charleston office market report

Q2 2024

Charleston’s asking rental rates continue to rise, with office availability nearing pre-pandemic levels. The market is seeing an uptick in subleasing activity, but overall leasing volume is down slightly from last quarter. Tenant demand remains strong for properties in Downtown Charleston, as the submarket boasts the lowest availability.


Office properties built in the last 2 years are experiencing 28.9% availability.

130 bps

Sublease space

The amount of subleased space in Q2 2024 has increased by 130 basis points since Q1 2024.



In 2024 YTD, class C offices saw the highest absorption rate at 1.8%.

Your source for the latest Charleston office market reports

Get in-depth office market reports and insights from commercial real estate experts in the Greater Charleston area. Avison Young advisors look at Charleston commercial real estate activities and the latest Charleston statistics to provide you expert market research on Charleston's office properties.

Explore different topics like the latest office market pricing trends and analysis of Charleston's current office real estate market conditions. Gain a better understanding of Charleston’s office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Charleston's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Charleston.

The dashboard was delivered through AVANT by Avison Young: leveraging real-time data and analytics to make cities and location-based decisions more transparent and efficient. Learn more about AVANT.

Get the latest Charleston office market reports right in your inbox