Colliers Market Report: Augusta-Aiken Industrial Market Q1 2025
May 15, 2025
Deal volume slows as Savannah River Site picks up
Market Highlights
Following a flurry of activity throughout the second half of 2024, the Augusta-Aiken market experienced a quiet first quarter as both new leasing and moveouts remained modest amidst an uncertain economic environment. Eagle Products’ 176,802-square-foot lease in Richmond County was the only deal of note, while the Savannah River Site’s build-out for accelerated plutonium pit production is likely to bolster demand for space in the Aiken area.
Continue reading the full report.
Key Takeaways
- Leasing and sales volumes were low after healthy 2024 activity
- Savannah River Site production expansion likely to generate new leasing activity
- Power and rail infrastructure providing advantages for manufacturing users
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.
