Wilson Kibler releases 2023 Q1 Columbia Industrial Report
April 27, 2023
| Columbia • Industrial
In Q1 overall vacancy rate remained nearly the same as Q4 2022 at 4.0% but is still below the national average of 4.5%. Q1 also had 217,013 SF of positive net absorption.
Q1 saw 259,800 SF of new construction breaking ground, adding to the total of 2,008,482 SF of Industrial and Flex property currently under construction in the Columbia market. Deliveries totaled 457,600 SF in Q1.
About Wilson Kibler
Wilson Kibler is a full-service commercial real estate company with offices in Columbia and Greenville. Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation.
Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment. Wilson Kibler is an Accredited Management Organization, and its professionals hold prestigious designations including CCIM, MCR, CPM, LEED GA, and SIOR, for more information, visit www.wilsonkibler.com.
