Colliers Report: Columbia Industrial Market Q1 2025
April 30, 2025
Colliers | South Carolina Market Report
Economic uncertainty slows leasing as manufacturing grows
Market Highlights
Broad trade uncertainty caused industrial leasing to stall in Q1 as many occupiers paused to evaluate a rapidly changing global economic environment. Robust residual activity from the end of 2024 carried into the first quarter, however, with several notable deals in late stages of execution spurring optimism for the second and third quarters. Speculative construction has slowed to a trickle, which has the potential to create challenges as Scout Motors suppliers look to absorb space in coming quarters.
Continue reading the full report.
Key Takeaways
- Significant leasing activity anticipated in Q2 and Q3
- A dwindling speculative pipeline is likely to create pressure on prospective occupiers late in 2025
- Accelerating regional growth is creating workforce advantages for a rapidly expanding manufacturing sector.
About Colliers | South Carolina
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.
