Greenville office market report
Q2 2023
Greenville office market trends
The Greenville office market rental rates remain resilient with tenants favoring high quality spaces.
Availability (sublet <20K sf)
As tenants are seeking reductions of their existing space, there is limited sublet availability in offices less than 20K sf.
Average asking rent
Despite escalated vacancy, the average asking office rent has risen to $24.97, an 8.2% increase since Q2 2022.
Average lease term
Since Q2 2020, the average office lease term has decreased from 74.8 to 31.5 months.
Your source for the latest Greenville office market reports
Get in-depth office market reports and insights from commercial real estate experts in the Greater Greenville area. Avison Young advisors look at Greenville commercial real estate activities and the latest Greenville statistics to provide you expert market research on Greenville's office properties.
Explore different topics like the latest office market pricing trends and analysis of Greenville's current office real estate market conditions. Gain a better understanding of Greenville’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 Greenville's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Greenville.
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