4Q25: Charleston MSA Industrial Snapshot

Charleston’s industrial market closed 2025 with tightening fundamentals, as vacancy declined to 14.9% and asking rents increased to $10.72/SF. Robust net absorption of nearly 3 million square feet over the past 12 months highlights the continued tenant demand, particularly from manufacturing, logistics, and build-to-suit users. At the same time, the development pipeline has moderated, with just over 1.65 million square feet under construction—helping rebalance supply and demand. Together, these trends point to a healthier, more disciplined industrial market entering 2026.

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