NAI Earle Furman’s Multifamily Division Releases First Quarter 2013 Market Report

GREENVILLE, SC – May 20, 2013 – NAI Earle Furman’s Multifamily Division has released its First Quarter 2013 Market Report. The report summarizes the quarterly market statistics – including occupancy, construction, asking rents and absorption – across multifamily properties and markets in the Carolinas. The report also highlights major transactions in each of the six markets included.
 
Occupancy and net absorption are down in all major markets in the Carolinas with the exception of Raleigh/Durham, where there was no change, and Columbia, where both occupancy and absorption were up. Asking rents are up in all markets except Greensboro/Winston-Salem and Columbia, where they are down. Construction is up or flat in all markets reported.
 
The full report can be found on NAI Earle Furman’s website at NAIEarleFurman.com. The NAI Earle Furman Q1 2013 Retail, Office and Industrial market reports were released late last month. Market Reports are released quarterly.
 

About NAI Earle Furman:
Based in Upstate South Carolina, NAI Earle Furman, LLC is a leading full-service commercial real estate firm specializing in the office, industrial, investment, retail, multifamily, healthcare and land sectors. They offer a wide range of services including sales, leasing, development, site selection, consulting and property management. A partnership with NAI Global allows NAI Earle Furman, LLC to access a network of worldwide real estate connections and offer international commercial real estate services to Upstate clients, while retaining local personality and knowledge.