Charleston, SC Economic Development
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 Find Sites/BuildingsOur online real estate tool can help you locate appropriate office and industrial properties as well as available land throughout the three-county Charleston region. This database is updated regularly, so please visit often as new properties become available.Search Office & Industrial Real Estate For additional property information or specific recommendations based on your project parameters, please contact Heyward Horton, Sr. Project Manager for the Charleston Regional Development Alliance (phone 843.760.4526). |
 
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Office Space Survey, Charleston S.C. MSA
| Area | # Office Buildings | Rentable Sq. Ft. | Available Sq. Ft. | % Vacant | Average Rent Per Sq. Ft. |
|---|---|---|---|---|---|
| Charleston Peninsula | 42 | 1,979,864 | 170,987 | 8.6 | $23.00 |
| West Ashley | 32 | 1,375,518 | 158,128 | 11.5 | $16.00 |
| North Charleston | 71 | 3,234,976 | 585,618 | 18.1 | $14.50 |
| East Cooper | 46 | 1,151,354 | 190,981 | 16.6 | $20.00 |
| Daniel Island | 15 | 432,819 | 100,491 | 23.2 | $22.00 |
| Summerville | 15 | 286,785 | 109,399 | 38.1 | $12.50 |
| Total | 227 | 8,646,005 | 1,376,769 | 15.9 | $17.68 |
| Source: Center for Business Research, Charleston Metro Chamber of Commerce, 1/07. Includes office buildings of 10,000 sq.ft. or larger in Berkeley, Charleston and Dorchester counties. | |||||
Retail Space Survey, Charleston S.C. MSA
| Area | # Retail Centers | Gross Leasable Area (sq. ft.) | Available Sq.Ft. | % Vacant |
|---|---|---|---|---|
| Charleston Peninsula | 7 | 295,566 | 1,945 | 0.7 |
| West Ashley | 34 | 3,953,385 | 375,927 | 9.5 |
| North Charleston | 30 | 4,385,591 | 571,839 | 13 |
| John's Island | 5 | 332,649 | 47,880 | 14.4 |
| Goose Creek/Berkeley | 11 | 779,592 | 112,916 | 14.5 |
| Mt. Pleasant | 29 | 3,728,210 | 179,795 | 4.8 |
| Summerville | 13 | 1,373,322 | 181,130 | 13.2 |
| Total | 133 | 14,976,315 | 1,494,882 | 10 |
| Source: Center for Business Research, Charleston Metro Chamber of Commerce, 1/07. Includes retail centers of 30,000 sq.ft. or larger in Berkeley, Charleston and Dorchester counties. | ||||
The average cost for new construction in the Charleston region (2008) is approximately 17% lower than the national average, according to the RS Means Construction Cost Index.
Charleston, SC MSA New Building Permit Activity
| Permits (#) | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 forecast | 2009 forecast |
|---|---|---|---|---|---|---|---|
| Single-Family Units | 5,384 | 7,371 | 8,084 | 7,304 | 5,602 | 4,410 | 4,500 |
| Multi-Family Units | 2,010 | 935 | 2,734 | 1,769 | 1,178 | 1,809 | 1,827 |
| Total Residential Units Permitted | 7,394 | 8,306 | 10,818 | 9,073 | 6,780 | 6,219 | 6,327 |
| Total Non-Residential Permits | 1,043 | 1,214 | 1,461 | 1,357 | 1,278 | 1,342 | 1,352 |
| Sources: BCD Council of Governments; U.S. Census Bureau | |||||||
Charleston, SC MSA New Building Permit Activity
| Permits ($ Value in Billions) | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 forecast | 2009 forecast |
|---|---|---|---|---|---|---|---|
| Total Residential Permits $ Value | 0.9 | 1.2 | 1.8 | 1.6 | 1.3 | 1.0 | 1.0 |
| Total Non-Residential Permits $ Value | 0.2 | 0.3 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 |
| Sources: BCD Council of Governments; U.S. Census Bureau | |||||||
