The Corner Office V1 2024 FINAL - Flipbook - Page 14
SUBMARKET BREAKDOWN
CHARLESTON
SUBMARKET OVERVIEW
The Charleston-area commercial real estate market is broken down into 8 distinct
submarkets: Daniel Island, Dorchester County, Downtown Charleston, North
Charleston, Outlying Berkeley County, West Ashley, West Charleston County,
and Mt. Pleasant/Awendaw.
There is nuance between each locality and different phenomena that impact the
health and status of each. Each submarket is unique, and they all come together to
create the landscape for Charleston’s commercial real estate community.
A complete breakdown on submarket stats is below:
Submarket
Total Buildings
Total SF
Direct Vacant SF
Daniel Island
50
2,083,433 SF
281,196 SF
1
Dorchester County
39
766,954 SF
8,043 SF
1
Downtown Charleston
167
6,888,769 SF
587,341 SF
8
North Charleston
186
7,603,268 SF
541,757 SF
7
Outlying Berkeley County
65
1,979,111 SF
51,507 SF
2
West Ashley
55
1,401,783 SF
63,762 SF
4
West Charleston County
13
272,308 SF
0 SF
0
Mt. Pleasant/Awendaw
116
3,013,830 SF
247,455 SF
8
MARKET TOTAL
691
24,009,456 SF
1,781,061 SF
7
* Stats are for existing buildings that are 10,000 SF and larger
PAGE 14 | THE CORNER OFFICE
%V
