SC - Charleston
SC - Columbia
DEMOGRAPHICS
Charleston-North
Charleston,
SC
2,591
665,272
262,007
$72,395
253,170
7.9%
MARKET HIGHLIGHTS
•;TIG HITCO, an aviation supplier,
took 150,000 SF.
•;Pent up demand has caused the
absorption of vacant space and
there has been no new major
developments.
•;There is new construction in
Medical buildings.
•;In the residential market, sales
are stabilizing and new growth
is in homes under $300,000.
•;There is an increase in overall
demand with good financing
terms helping sales.
•;Boeing settled NLRB labor
dispute and will deliver it’s first
Charleston 787 in the Spring to
Air India.
DEMOGRAPHICS
Columbia,
SC
3,701
751,082
300,796
$67,472
287,817
8.0%
MARKET HIGHLIGHTS
•;Amazon opened a 1,253,748 SF
distribution facility in 4Q 2011
that is 100% occupied.
•;Aside from Amazon, there was
very little new construction
delivered in 2011. Retail led the
way with a fourth quarter total
of 389,889 SF.
•;8 out of 10 (80%) residential
builders in 2008 are out of
business.
•;Columbia is home to Ft. Jackson,
the University of South Carolina
and the State Capital.
Coldwell Banker Commercial
Atlantic International, Inc.
3506 W. Montague Ave., Suite 200
North Charleston, SC 29418
(843) 744-9877
www.cbcatlantic.com
CONTACT
Coldwell Banker Commercial
United, Realtors
1711 Gervais St., Suite 300
Columbia, SC 29201
(803) 799-4663
www.cbccarolinas.com
CONTACT
OFFICE
RETAIL
OFFICE
RETAIL
Vacancy
Q
Vacancy
Q
Vacancy
Q
Vacancy
P
Absorption
P
Absorption
P
Absorption
P
Absorption
P
Rental Rates
N
Rental Rates
P
Rental Rates
Q
Rental Rates
Q
INDUSTRIAL
MULTI-FAMILY
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Vacancy
P
Vacancy
N/A
Absorption
P
Absorption
P
Absorption
P
Absorption
N/A
Rental Rates
N
Rental Rates
P
42 Rental Rates
Q
Rental Rates
N/A
