Oct
12

Charleston Commercial Construction Continues

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Thousands of new homes planned for Greater Charleston. Fifteen thousand new residents each year. Low vacancy rates for retail, office and industrial buildings.

That all adds up to the Charleston region being on the cusp of a time of new construction for commercial properties, according to the latest Commercial Real Estate Market Forecast from the Charleston Trident Association of Realtors.

“Growth” appeared to be the takeaway word from the annual look ahead.

“I think you will continue to see growth,” said Margaret Brockinton, president of Carolina Retail Property, who focuses on the retail sector. “The market is robust, to say the least. We are running out of property. All areas are having a good bit of activity.”

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