Charleston office market report
Q2 2026
Charleston's office market continued to strengthen in Q2 2026 as positive absorption, declining availability, and steady rent growth supported improving fundamentals. The market recorded 124,819 square feet of positive net absorption during the quarter, helping reduce availability to 11.7%, down 311 basis points from a year ago. At the same time, average full-service asking rents climbed to $35.09 per square foot as leasing activity continued to tighten conditions across much of the market. With no space currently under development, limited new supply continues to support occupancy gains and pricing.
Availability continues to tighten
Availability declined 311 basis points year-over-year to 11.7%, reflecting improving occupancy and less available space across much of the market.
Positive net absorption gains momentum
Charleston recorded 124,819 square feet of positive net absorption in Q2, its strongest quarterly result since Q2 2025.
Asking rents reach a new high
Average full-service asking rents climbed to a record $35.09 per square foot, supported by continued leasing activity and tightening market conditions.
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.