Greenville office market report
Q2 2026
Greenville's office market continued to improve in Q2 2026 as positive absorption, tightening availability, and strong rent growth supported healthier market fundamentals. The market recorded more than 86,000 square feet of positive absorption across the Greenville CBD and Woodruff/I-385 Corridor, helping reduce availability to 14.9%. At the same time, trophy/class A asking rents climbed to $35.72 per square foot, maintaining a significant premium over lower-tier space and reflecting continued demand for high-quality office products. The market has now posted three consecutive quarters of positive absorption, providing further evidence that conditions are stabilizing.
Demand remains focused in core submarkets
The Greenville CBD and Woodruff/I-385 Corridor combined for nearly 86,000 sf of positive absorption in Q2, leading leasing activity across the market.
Availability continues to decline
Availability fell to 14.9%, down 74 basis points year-over-year as positive absorption continued to reduce available space.
Premium assets maintain pricing power
Trophy/class A asking rents reached $35.72 per sf in Q2, remaining 34% above Class B rents and highlighting ongoing demand for higher-quality office space.
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