Charlotte MarketBeat Reports

Brett Gray • 2/3/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Charlotte MarketBeat reports below.

 

The U.S. economy ended the year on an optimistic note. Businesses continued to add jobs at a healthy clip. Employment in the key office-using sectors increased by 150,000 jobs in the fourth quarter. Consumer confidence remains high. Wages are rising faster than inflation, yielding extra spending power, reflected in the 18.8% increase in online shopping over the holiday season.

Current Marketbeats

Office MarketBeat Report
Q4 2019 Charlotte Office Report

Charlotte experienced a record-setting year, culminating the highest amount of office absorption and deliveries in any given year by an
overwhelming margin. A total supply of 2.6 million square feet (msf) delivered in 2019, while demand kept pace, accruing slightly
under 2.6 msf of absorption during that time frame. There is currently 5.1 msf under construction that will continue to supply Class
A office to the region as well as drive rental rate growth.

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Industrial MarketBeat Report
Q4 2019 Charlotte Industrial Report

Charlotte’s industrial net absorption totaled just under 1.0 million square feet (msf) in the fourth quarter 2019, bringing the year-end
total to over 3.3 msf.

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Featured Insights: Current U.S. MarketBeats

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
Q4 2019 U.S. Industrial MarketBeat Snapshot
MarketBeat • Industrial

Industrial Reports

After a slow start to the year, the industrial market finishes the decade strong.
Carolyn Salzer • 1/16/2020
Q4 2019 U.S. Retail MarketBeat Snapshot
MarketBeat • Retail

Shopping Center Reports

2019 ended on a positive note with consumer spending rising at a healthy pace and retail sales up.
Garrick Brown • 1/17/2020

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