Mar
04

Columbia’s Palmetto Center Office Building Could Remain Vacant for Years

By
– The State

Five months after SCANA left Main Street for new digs in Cayce, the prospects for filling the high-rise office tower, built for the utility 25 years ago, are not good.

The 20-story Palmetto Center could remain vacant for years, while sales agents and business recruiters try to find a company that will renovate and move into its 460,000 square feet.

“In the best of times, a facility like that takes a long time to market,” said commercial real estate analyst David Lockwood, senior vice president for Colliers Keenan. “A typical vacancy could be multiyear.”

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.thestate.com/2010/03/03/1183159/palmetto-center-could-remain-vacant.html

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