Charlotte Industrial & Flex Market Update: Opportunities for Owners, Investors & Tenants.

The State of Charlotte’s Industrial & Flex Market

The Charlotte Metro’s industrial and flex space market under 50,000 SF is seeing key shifts in vacancy, rental rates, and investment trends. Whether you’re an investor looking to sell, a landlord seeking tenants, or a business evaluating space options, now is the time to make strategic moves.

As an experienced broker specializing in industrial and flex properties, I help clients maximize value, secure strong lease terms, and identify innovative investment opportunities. Let’s break down the latest market insights and how to capitalize on them.

For Landlords & Sellers: Strong Pricing, But Strategic Positioning is Key

?? Average Sale Price Per SF: $133 (up from $127, but below asking prices) ?? Asking Price Per SF: $206 (higher than the 5-year average, indicating optimism) ?? Vacancy Rate: 3.8% (slightly above historical norms)

What This Means for You:

• Sellers: The market is still seeing strong sale prices, but with sales volume slightly down, pricing strategically is critical. I provide market-backed pricing strategies to ensure you attract the right buyers without sitting on the market too long.
• Landlords: With slightly higher vacancies, securing quality tenants quickly and at the best possible rate is key. My leasing strategies highlight your property’s unique advantages and drive interest from qualified businesses.

?? Want a customized leasing or sale strategy? Let’s chat about your property’s potential.

For Tenants: A Window of Opportunity to Negotiate Favorable Terms

?? 12-Month Leasing Activity: 3.17M SF (steady, but absorption has slowed) ?? Availability Rate: 4.5% (providing more options for tenants)

Why This Matters for You:

• More Available Spaces = More Negotiation Power ????
• Landlords Are Open to Concessions ?? – You may be able to secure better lease terms, free rent periods, or improvement allowances.
• The Right Space Impacts Your Business’s Success ?? – I help tenants find the perfect fit for growth, efficiency, and long-term savings.

?? If you're considering relocating, expanding, or renegotiating your lease, let's discuss securing the best deal for your business.

Construction & Development: A Shift That Impacts Supply & Pricing

?? New Construction Starts: 236,473 SF (well below the 5-year average of 486,385 SF) ?? Under Construction: 416,893 SF (indicating a slowing pipeline)

How This Impacts the Market:

• Fewer new buildings mean existing properties gain more value due to limited new supply.
• Investors and landlords can benefit from current demand trends if positioned correctly.
• Tenants should act now before supply tightens and rents increase.

?? Need insights on how these trends impact your real estate goals? Let’s connect.