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Speculative development continues to find success in the Lowcountry as the industrial market expands, CBREreported in its first-quarter market report.
A 273,000-square-foot speculative building was delivered during the first quarter, and an additional 3.8 million square feet are under construction in the region, according to the firm.
“With more Class A construction expected to deliver in the next several quarters, asking rates are expected to continue their ascent,” CBRE said.
Read more at the Charleston Regional Business Journal…
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