High Occupancy and Nominal Construction Limit Absorption in GSA
Key Takeaways Vacancy rates were slightly lower during the fourth quarter of 2018 and, with no new construction underway, are expected to drop further in the next few quarters. Core rental rates have decreased significantly because prime retail spaces that were available one year ago are now leased. 2018 Market Recap The Greenville-Spartanburg-Anderson retail market…
