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Spartanburg's industrial vacancy rate declines at fastest pace in US

Third-party logistics leases and slowing construction have boosted occupancy in South Carolina city
CoStar Analytics
October 15, 2025 | 8:31 P.M.

Spartanburg, South Carolina's industrial vacancy rate has declined faster than any other U.S. market over the past year, following a resurgence in demand for large blocks of space and the end of a historic construction wave.

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