Colliers Report: Charleston Industrial Market Q2 2025
July 29, 2025
Colliers | South Carolina Market Report
Leasing continues to rebound despite moveouts
Market Highlights
TwinStar Home’s end-of-quarter million-square-foot moveout masked healthy underlying activity as the Charleston market appears to be approaching bottom on the current cycle. Sharply rising activity for the market’s numerous large, vacant spaces, highlighted by Harbor Logistics’ 625,000 SF Q2 lease in Summerville, portends a healthier market and relief for investors eager to lease long-carried vacancies. Still, vacancy remains among the nation’s highest at 22.74%.
Continue reading the full report.
Key Takeaways
- Flex and small warehouse spaces are experiencing rapid rent gains as new construction approaches $20 per square foot
- Workforce shifts increasingly favor engineering-intensive advanced manufacturing over logistics
- Over one million square feet of gross absorption were offset by TwinStar Home’s moveout
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.
