2022 Q1 Charlotte Industrial Market Report

Charlotte Industrial Q1 2022 Market Overview

The Charlotte industrial market continues to be characterized by robust demand, a heavy construction pipeline, and record rent growth. These factors combine to create a continued challenging CRE environment for tenants and occupiers to maneuver.

In addition to pushing lease rates up by 12.3% in just the last year, landlords are demanding higher fixed annual escalations and reducing concessions such as free rent and improvement allowances.