Charleston Realtors Hold Commercial Forecast


Experts in the Charleston-area commercial real estate market are forecasting improvements for the coming year. Based on indicators in the multifamily, retail, industrial and office segments of the industry, these experts are optimistic about the future of the region.

The Charleston Trident Association of Realtors’ Commercial Investment Division held its annual Commercial Real Estate Market Forecast this morning at Trident Technical College in North Charleston.

In the multifamily sector, Todd Wigfield of Greystar Real Estate Investment Co. noted that the rental market is predicted to further improve, as the demand for properties far outpaces new supply and vacancy drops from 6.7%, currently, to a predicted 5.7% in 2015.


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