Colliers Report: Charleston Industrial Market Q3 2025

Colliers | South Carolina Market Report

Engineering workforce bolsters manufacturing outlook

Market Highlights

Charleston’s industrial market showed mixed performance in Q3 2025 as manufacturing growth offset ongoing logistics softness. Offering one of the Southeast’s strongest engineering workforces, manufacturer demand is strong as Volvo plans for new models at its Camp Hall plant, creating potential supplier demand. Net absorption rebounded to 297,872 SF, largely driven by Arcadia Cold Storage’s 262,000 SF build-to-suit delivery, bringing year-to-date absorption near net-zero. Vacancy stands at 22.33%—the highest in the U.S.—as a final wave of Q4 speculative deliveries remains largely unleased.

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Key Takeaways

• Warehouse tenants prioritize location and flexibility over recent construction, driving demand for Class B/C spaces
• Year-to-date net absorption recovers to baseline as logistics users reassess needs in a challenging trade environment
• Competitive advantages in high-end engineering supporting growth in automotive, defense manufacturing

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.