Colliers Report: South Carolina Industrial Market Q3 2025

Colliers | South Carolina Market Report

Greenville-Spartanburg dominates activity as new growth markets emerge

Market Highlights

Surging growth in Greenville-Spartanburg, bolstered by relative affordability, strong logistics connectivity and rapid workforce growth, drove South Carolina’s industrial market as the state continues to emerge from a 2024 slowdown. Simultaneously, new growth markets are emerging on developers’ radar as Columbia’s Class A absorption and manufacturing-heavy pipeline are driving rent growth, while a population boom in Myrtle Beach is generating new industrial opportunities.

Continue reading the full report.

Key Takeaways

• South Carolina has maintained a competitive advantage for a new wave of manufacturing projects
• The Greenville-Spartanburg market has led absorption while Columbia and Myrtle Beach show signs of growth
• Power generation capacity remains a strategic challenge as new plants remain in planning

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.