Charleston’s office market continues to outperform peers, though leasing has cooled slightly in 2025. Population growth keeps drawing tenants, and fewer moveouts have kept absorption positive and with little new construction, availability has tightened. Demand is strongest for trophy properties delivered between 2018–2022, like The Morris and Morrison Yard, which are nearly full and pushing rents up to $60/SF. That’s forcing some tenants to look at quality second-tier Class A space as a more affordable alternative. Medical office is also shaping the market: three of the top five projects under construction in Q3 are medical-focused, highlighting sustained demand from healthcare systems and providers as population growth fuels care needs. With almost no new trophy projects in the pipeline, vacancies should remain tight and rent growth strong.