The Corner Office V1 2023 FINAL - Flipbook - Page 6
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
49
2,030,905 SF
279,282 SF
Dorchester County
39
767,711 SF
25,982 SF
Downtown Charleston
166
6,709,360 SF
634,591 SF
North Charleston
190
7,595,374 SF
649,703 SF
Outlying Berkeley County
63
1,957,632 SF
43,977 SF
West Ashley
54
1,382,448 SF
57,725 SF
West Charleston County
14
289,308 SF
23,480 SF
Mt. Pleasant/Awendaw
116
3,036,960 SF
246,629 SF
MARKET TOTAL
691
23,769,698 SF
1,961,369 SF
* Stats are
for existing
buildings
PAGE 6 | THE CORNER
OFFICE
| 2023 VOL.
1
that are 10,000 SF and larger
