Industrial Submarket Reports

Q1 2022

OVERVIEW

York County, SC is distinguished by the sheer volume of product it represents. (33 million SF). In line with national and Charlotte metro trends logistics facilities and tenancy accounts for the largest percentage of product currently leased, available and under construction. Owner occupied HQ’s, specialized manufacturing facilities and Flex properties all in significantly lesser degree in composition of this submarket product classification.

DATA, TRENDS AND CONSIDERATIONS

All market fundamentals are incredibly sound amidst the organic growth of the Carolina’s and national business and population migrations trends. Vacancy continues to drop, rental rates continue to rise and at a percerntage4 above national averages, significant supply continues to be added while not negating positive absorption. It then goes without saying investor activity is high in York County, as it is throughout the Charlotte Metro and nationally.