Colliers Report: Greenville-Spartanburg Office Market Q4 2025
January 29, 2026
Colliers | South Carolina Market Report
Market fundamentals strong as users eye growth
Market Highlights
The Greenville-Spartanburg office market continues to push towards a new expansion phase as revived demand for downtown office space and tenants’ strong preference for Class A space tips the market towards viability for new construction. Office space at Project Core, a transformational redevelopment in Spartanburg, is likely to go vertical in early 2026, while a new downtown Greenville building is expected to undergo design review in the first half of the year.
Continue reading the full report.
Key Takeaways
- Demand for Class A CBD space is nudging economics towards viability for new construction
- Rent growth remains steady amidst minimal quality vacanc
- Suburban demand has focused on well-maintained, actively managed office parks offering interstate connectivity
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 over $5.0 billion in annual revenues, a team of 24,000 professionals, and more than $100 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.
