Wilson Kibler releases 2023 Q2 Columbia Industrial Report
July 31, 2023 | Uncategorized
The Industrial market in Columbia
remains tight; however, we are feeling
some slack in the demand for leased
space that could just be the dog days of
summer, and hopefully tenants will get
rolling again as school starts back soon.
There are many buyers still looking and
can’t find their desired facility.
In Q2 the vacancy rate in the Columbia
Market lowered slightly to 4.6%. The
vacancy rate has plateaued in recent
quarters making it difficult on buyers to
find inventory, therefore raising sales
prices and rental rates.