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Orlando
A construcion boom is underway in the Orlando area concentrated in the Downtown and Southwest areas. Overall occupancy, rent growth and demand remain healthy.
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Greensboro/WS
Demand continues to be strong in the Greensboro-Winston Salem market with nearly 3,000 units absorbed in the past two years leading to a vacancy of 8.3%, which is historically low for this market.
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Charleston
Although development activity is increasing, demand and rent growth were flat over the past six months pusing occupancy levels lower.
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Gainesville
Strong demand coupled with a slow development pipeline has led to a vacancy rate at 7.0%. Rent growth has been strong as well with 3% annualized growth in the past two years.
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Richmond
Demand has kept pace with the growing new supply. Development activity remains concentrated in the central core of the city where more than half of all development activity is occurring.
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