Industry News
Retail Demand In Myrtle Beach Stays Negative As Vacancy Stays Low
While absorption remained slightly negative in the second quarter at -15,000 square feet, that’s a major improvement over the -352,000 square feet recorded previously. A low vacancy rate—now just 2% after improving by 12 basis points—helped keep the market relatively stable.
Accordia Continues Sun Belt Expansion With North Charleston Industrial Portfolio Acquisition
“This asset is a strategic acquisition for us, as it expands our southeast platform into a new region and state; and allows us to keep connecting the portfolio up and down the eastern seaboard,” said Jason Bogart, Principal, Accordia. “A year ago, we put our new acquisition program into place and it’s been working exactly as planned, this is our sixth closing in less than 12 months as we close in on our goal of $100MM in new deals by year end.”
Store Closures Remain Challenging While Fast Leasing, Investor Demand Steal The Spotlight
A new industry report highlights a retail market where rising vacancies are tempered by faster backfilling—helping landlords maintain stability as tenant demand softens.
5 Commercial Real Estate Trends To Watch
Market shifts and evolving demand are creating new avenues for investors who are ready to act quickly and strategically.
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.