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2021 Q2 Charleston Industrial Report

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By Crystal Baker, Research Coordinator | South Carolina

E-commerce is still boosting Charleston's industrial construction

Key Takeaways

  • E-commerce is boosting industrial demand  
  • Charleston has 18.69 million square feet of industrial buildings either under construction or proposed to be built
  • New construction will push rental rates up and vacancy rates down

E-commerce sales are predicted to increase by 13.7% during 2021 with e-commerce growth driving industrial demand. Existing warehousing cannot accommodate a typical fulfillment and e-commerce user which is the majority of the industrial demand. 

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2021 Q2 Charleston Industrial Report

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Mark Erickson | Colliers | Charleston

Mark Erickson

Vice President

Charleston

+1 843 720 7501
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I provide both tenant and landlord representation for clients in the sale, leasing and disposition of industrial properties across Charleston and the Lowcountry region of South Carolina. Whether I am negotiating critical terms in a lease for a tenant or consulting an owner or landlord in the sale or leasing of their space, my role is to meet my client’s real estate and financial goals, both for today and into the future.

Charleston is a small but powerful and unique market, and I pride myself in connecting people and identifying opportunities that others might miss. My goal is to maximize value for my clients, whatever you value most from your real estate, and to exceed your expectations.

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