Charlotte industrial real estate market reports

1Q 2023 highlights and trends

Charlotte industrial market trends

The first quarter of 2023 demonstrated the continued strength and growth of the industrial real estate market in Charlotte, NC. Key drivers such as the expansion of e-commerce, increasing focus on sustainability, and the growth of the manufacturing sector have contributed to the robust demand for industrial properties. The Charlotte market is expected to remain competitive in the coming quarters, as businesses continue to capitalize on the region's strategic location and favorable business environment.


Rent growth year over year

Rapid growth in e-commerce and logistics industries is a major factor driving rent growth for industrial real estate in Charlotte, NC.


Decline in construction starts

The Fed’s decision to raise interest rates in 2022 has had a significant impact on the slowdown of new construction for industrial real estate.


Investment volume

A slowdown in industrial real estate investment volume can be attributed to several factors, including economic uncertainty, rising interest rates, and evolving market conditions.


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