Colliers Report: South Carolina Industrial Market Q2 2025

Colliers | South Carolina Market Report

Healthy activity tempered by major moveouts

Market Highlights

South Carolina’s industrial market experienced nearly 8.5 million square feet of gross absorption offset by over 7.2 million square feet of moveouts, most notably TwinStar Home’s vacation of distribution center in Summerville and the protracted closure of Tupperware’s Williamsburg County manufacturing facility. The construction pipeline has stabilized after an extended building spree has left uneven vacancy across the state with rates in Columbia and Greenville-Spartanburg largely normalizing, while Charleston and Charlotte remain elevated.

Continue reading the full report.

Key Takeaways

• Statewide performance remains strong, particularly in Greenville-Spartanburg, despite national industrial slowdown
• Limited speculative construction starts could pose mid-term challenges for occupiers
• Vacancy stabilizing in Upstate and Columbia while remaining high in Charleston

About Colliers

Colliers | South Carolina is the largest full-service commercial real estate firm in South Carolina with 66 licensed real estate professionals covering the state with locations in Charleston, Columbia, Greenville and Spartanburg. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina with a portfolio of over 26 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold the most professional designations of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina.

Colliers is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering and Investment Management – we have a proven business model, an enterprising culture and a unique partnership philosophy that drives growth and value creation. With annual revenues exceeding $4.8 billion, a team of 23,000 professionals and $99 billion in assets under management, Colliers remains committed to accelerating the success of our clients, investors and people worldwide. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.