The South Carolina Supreme Court is allowing the NAACP’s state conference to train nonlawyer volunteers to advise tenants as part of a three-year pilot program.
Share
Things are starting to look up for an office market besieged by vacancies and short-term rent renewals last year.
According to a Q1 market report from Cushman & Wakefield and Thalhimer, demand for office space is starting to inch back to healthier levels in the Columbia and Greenville markets with owner and investor interest in purchasing office space exceeding supply in the Upstate.
Unemployment rates in the Greenville and Spartanburg metro areas have reached a respective 4.6% and 5.1% around 1% lower the national average and leasing activity has started to pick up again.
Still, the Upstate and Columbia areas remain a buyer’s market. Vacancy rates are at an all time high around 10.3% in Greenville and 19.4% in Columbia with the average asking rent scaling up to a respective $22.36 and $18.79 per square foot.