Industrial Insights V1 2025 FINAL 4.28.25 - Flipbook - Page 16
CHARLESTON’S SECOND WIND
We think Charleston’s industrial market is entering a phase of quiet reactivation. Though
absorption slowed and vacancy rose through 2024, early signs in 2025 point to a slow but steady
rebound. Tenant activity is returning, leasing tours are on the rise, and interest is resurfacing in
several large-scale availabilities. As the existing supply begins to be digested, the groundwork
is being laid for renewed momentum.
With SC Ports expanding its inland reach, major manufacturers deepening their footprint, and
population growth continuing across the region, Charleston remains well-positioned to attract
new occupiers. The recovery won’t be immediate but it will be consistent, supported by the
same fundamentals that sparked the boom in the 昀椀rst place.
SC PORTS
Volume ticked up again in late 2024 and will likely rise
further with the Navy Base Intermodal Facility opening
mid-2025, allowing for more ef昀椀cient inland distribution.
The Port of Charleston will continue to be THE main driver
for industrial demand in our region.
MANUFACTURING COMMITMENTS
Boeing’s $1B expansion, Google’s $3.3B investment, and
major auto and EV manufactuers in Ridgeville will ripple
through the market with demand for suppliers, logistics
support, and storage space. These megaprojects = longterm drivers for job growth and industrial demand.
CHARLESTON’S COMPETITIVE ADVANTAGE
With robust infrastructure, a diversi昀椀ed industrial base,
and proximity to growing metros, Charleston remains a
top-tier choice for regional and national tenants—especially as the Southeast continues to attract in-migration and
business.
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