Industry News
Asana Partners Launches Redevelopment Of Pacific Box In Charleston
The project will transform 26,000 square feet of office space into retail and dining options, with completion slated for the second quarter of 2026.
Commercial Property Sales Under $25M Show 3.5% Gain In Early 2025
Regional banks fuel recovery as multifamily and industrial sectors post gains.
Charlotte’s Office Market Shows Shift Toward Expansion, Long-Term Leasing
Demand is especially high for Class A office space in this Sun Belt hub.
Appian Investments Secures Construction Financing For 182,000 SF Industrial Development In Greenville
Situated within three miles of both I-85 and I-185, Magnolia Grove will span 182,000 square feet across two shallow-bay buildings.
Retail Closures Outpace Openings As High-Profile Bankruptcies Bloat Inventory
Retail store closures are surging in 2025, with nearly 6,000 locations shuttered through early July — a 67% jump from last year. While discount chains continue to expand, bankruptcies and shifting consumer sentiment are fueling widespread vacancies, leaving an estimated 50 million square feet of retail space unoccupied.
Charlotte Industrial Market Holds Steady Amid National Slowdown
While challenges like economic uncertainty and an oversupply of space have impacted the sector nationwide, Charlotte’s fundamentals remain solid — particularly due to sustained tenant demand for modern, Class A facilities under 200,000 square feet.