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Office Space for Rent in Greenville, SC - 96 Listings

Greenville, SC - Office Market Overview

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The Greenville Area includes the Augusta Street Area, Brutontown, and Cleveland Forest commercial real estate markets. With a metropolitan population of over 875,000 residents, the economy in Greenville is largely driven by the high technology and financial services industries. These, along with a variety of other smaller business sectors, maintain robust demand for office space in Greenville, S.C.

As of mid-2017, the Greater Greenville office market encompasses over 9.3 million square feet of existing office space in properties larger than 50,000 square feet. As the third-largest urban area in South Carolina, the demand for commercial real estate in Greenville, S.C., remains strong and steady.

Greenville, SC - Office Inventory Description

With a gross metropolitan product of over $38 billion annually, the economy of Greenville is growing due to the dynamic mix of the healthcare, government & defense, and larger corporate office users in the city. So much so that over 68% of the office inventory in Greenville is Class A or A+, with Class B office product adding another nearly 31% of space to the office market in Greenville.

One of the many areas of Greenville that sees consistent growth in the demand for office space is the Downtown Greenville office market. Located south of Buncombe Street, between Routes 29 and 123, this submarket is home to Class A portfolio investment property such as Falls Park on the Reedy - 55 East Camperdown Way, the 10 South Academy Street office building, and the One Greenville - North & South Tower on North Main Street.

Greenville, SC Commercial Inventory Breakdown

Office Spaces

Total: 7,619,177 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 2,204,985 SF / 28.94% of total office
  • 100k to 500k SF: 5,414,192 SF / 71.06% of total office

By class:

  • Class A: 5,223,265 SF / 68.55% of total office
  • Class B: 2,042,912 SF / 26.81% of total office
  • Class C: 103,000 SF / 1.35% of total office

Top 10 Largest Office Buildings

in Greenville

Office building Address Sqft Year built
Fluor Greenville Campus - Center 1 100 Fluor Daniel Drive, 29607 425,000 1990
One Greenville - North & South Tower 1 North Main Street, 29601 400,000 2013
Landmark Building 301 North Main Street, 29601 357,752 1973
University Ridge Development - County Square 301 University Ridge, 29601 250,000 n/a
One Liberty Square 55 Beattie Place, 29601 248,563 1983
Falls Tower 423 South Main Street, 29601 229,323 2020
101 North Main Street 101 North Main Street, 29601 196,152 1974
Two Liberty Square 75 Beattie Place, 29601 185,658 1986
Hubbell Lighting Headquarters 701 Millennium Blvd, 29607 185,000 2007
Wells Fargo Center 15 South Main Street, 29601 176,000 1974

Most Recently-Built Office Buildings

in Greenville

Office building Address Sqft Year built
110 East Court Street 110 East Court Street, 29601 125,000 2017
Haywood Ridge - Building 1 510 Airport Road, 29607 47,073 2017
Clemson University Technology Neighborhood I - 1 Research Drive 1 Research Drive, 29607 84,000 2016
Bonaventure Office Park - CH2M Hill Regional Headquarters 200 Verdae Blvd, 29607 70,000 2016
104 Innovation Drive 104 Innovation Drive, 29607 65,000 2014
525 Verdae Blvd 525 Verdae Blvd, 29607 26,000 2014
One Greenville - North & South Tower 1 North Main Street, 29601 400,000 2013
Clemson University Technology Neighborhood I - 3 Research Drive 3 Research Drive, 29607 60,000 2012
TD Bank Corporate Campus - Building A 200 Carolina Point Pkwy, 29607 125,000 2010
TD Bank Corporate Campus - Building B 200 Carolina Point Pkwy, 29607 100,000 2010

Greenville, SC - Green Office Space

Employment

Tenants across the U.S., along with office building investors, are increasingly realizing the financial and environmental benefits of energy efficient, green office buildings. In Greenville for example, 10% of the office buildings in the city larger than 50,000 square feet are considered to be green, bringing nearly 1.4 million square feet of green office space to the Greenville commercial real estate market.

A great example of a LEED certified office building in Greenville SC is the TD Bank Corporate Campus - Building A. Located in the Verdae commercial real estate submarket of the city, this office building was constructed in 2010 and adds 125,000 square feet of LEED Gold-certified green office space to Greenville.

The 2017 National Green Building Adoption Index looked at 30 top office markets in the country and discovered that over the past 12 years the percentage of energy-efficient, green office buildings that were either LEED-certified, EPA Energy Star-rated, or green certified increased by about 33%.

Greenville, SC's Top Office-Using Sectors

The Greenville Class A office market sees significant demand for space from top office-using sectors like the healthcare, manufacturing, government & defense, and larger corporate office users.

  • Healthcare – Institutions such as the Bon Secours St. Francis Health System and the Greenville Health System help to generate demand for white-collar office space in Greenville.
  • Manufacturing – GE Power & Water, Sealed Air Corporation, Bosch Rexroth Corporation, and Nutra Manufacturing USA help to drive the demand for commercial real estate in Greenville.
  • Government & Defense – Lockheed Martin, 3M, Honeywell, the U.S. Government, and the South Carolina State Government are all part of this top office-using sector in the Greenville region.
  • Corporate Offices – Michelin North America, AVX Corporation, Ameco, CertusBank, and Scansource are some of the larger creators of white-collar office employment in Greenville, S.C.

Greenville Demographics

Population

  • Total Population64,061
  • Male Population(48.5 %) 31,066
  • Female Population(51.5 %) 32,995
  • Median Age34.60

Income/Financial

  • Average Household Income$80,016
  • Median Household Income$48,984
  • Median Income Under 25$33,488
  • Median Income 25-44$56,407
  • Median Income 45-64$51,810
  • Median Income Over 65$34,141

News

$24 billion worth of assets changed hands in the top 50 biggest office deals to close in 2018. Google, Disney, Samsung mingled with established top CRE players. Check out the full list and read up on last year’s most notable U.S. office investments.