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| Mike Ferrer |
CHARLESTON, SC —
Strong economic indicators in Charleston point to continued positive
performance by the city’s commercial real estate market.
That is the No. 1
finding in Lincoln Harris’ latest reports on the office, industrial and retail
markets in Charleston.
The reports
include market statistics, such as vacancy rates; total net absorption and
average asking rents; recent investment sales; and signed lease transactions.
“Charleston’s
economy is the strongest it has been in years,” said Mike Ferrer, CCIM, vice president of Lincoln Harris’ Charleston
office.
“With Volvo starting construction on its $500 million
plant and an uptick in the development of new homes and hotels, the market is
producing a favorable environment for commercial real estate growth.”
For a complete
copy of the company’s news release, please contact:
Savannah Duncan
The Wilbert Group
404-343-0870 (O) 404-901-4433 (C)
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