Local Industrial Market Continues to Improve

Two competing Charleston area commercial brokerage teams did a great job on profiling the CHS economy, specifically the industrial market, and its continued march beyond recovery with a sub-3% vacancy in class A industrial buildings and 7% overall, plus rising rents.  I am not sure where 10MSF of new inventory came on-line in the past year, but nonetheless, its an encouraging story on the local warehouse and port markets by Jim Parker with The Post and Courier.

About charlestonCREblog

30 years' in the commercial real estate biz - investment sales, consulting, banker, appraiser, brokerage. Trained in Atlanta and moved to the Lowcountry in 2008 and now sharing offices in Charleston and Jacksonville, FL. Exclusive listings, buyer representation, and consulting/analysis to help clients make the best commercial real estate decisions.

Posted on May 5, 2014, in Boeing News, CHS, CHS Industrial-Warehouse-Port, CHS Jobs/Economy, Commercial Real Estate, Development, Market Reports, The Post and Courier and tagged , , , , . Bookmark the permalink. Leave a comment.

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