www.CharlestonCommercialMarketForecast.co m OFFICE REPORT Jonathan J. Chalfie
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
www.CharlestonCommercialMarketForecast.com
OFFICE REPORTJonathan J. Chalfie
www.CharlestonCommercialMarketForecast.com
TOTAL OFFICE MARKET
TOTAL MARKETTotal SF……………….. 19,416,259Avg. Rental Rate……. $20.92/SF% Vacancy…………………….. 8.2%
www.CharlestonCommercialMarketForecast.com
MARKET CYCLE
Source: Integra Realty Resources
www.CharlestonCommercialMarketForecast.com
WEST ASHLEY MARKET
WEST ASHLEY MARKETTotal SF…………………. 1,537,561Avg. Rental Rate……. $21.21/SF% Vacancy…………………... 12.8%
www.CharlestonCommercialMarketForecast.com
NORTH CHARLESTON MARKET
N. CHARLESTON MARKET
Total SF……………….... 7,511,006Avg. Rental Rate……. $17.27/SF% Vacancy………………….. 10.9%
River Oaks
Garco Mill
www.CharlestonCommercialMarketForecast.com
DANIEL ISLAND MARKET
DANIEL ISLAND MARKETTotal SF…………………. 1,523,158Avg. Rental Rate……. $20.09/SF% Vacancy…………………….. 3.1%
Blackbaud
www.CharlestonCommercialMarketForecast.com
MOUNT PLEASANT MARKET
MT. PLEASANT MARKETTotal SF…………………. 2,391,902Avg. Rental Rate……. $24.30/SF% Vacancy…………………….. 3.6%
Ferry Wharf
101 Coleman Blvd
www.CharlestonCommercialMarketForecast.com
DOWNTOWN MARKET
DOWNTOWN MARKETTotal SF…………………. 4,837,707Avg. Rental Rate……. $30.33/SF% Vacancy…………………….. 4.7%
www.CharlestonCommercialMarketForecast.com
DOWNTOWN MARKET UPDATE
West Edge
317 Meeting St
Pacific Box & Crate
Southern First
www.CharlestonCommercialMarketForecast.com
INVESTMENT SALE CAP RATES
NORTH CHARLESTON
3820/3860 Faber Place…..8.5%4130 Faber Place…………….8.5%1535 Hobby Street………….8.0%4969 Centre Point…………..7.0%
MOUNT PLEASANT1106 Chuck Dawley…. $487/SF
DOWNTOWN288 Meeting Street…….…. 6.2%
Related Documents
