COMMERCIAL LEASE ACTIVITY | QUARTER TWO 2024
8 INDUSTRIAL LEASES 2023 : 12 5.3% VACANCY RATE 2023: 4.6%
37
42
OFFICE LEASES 2023 : 50
RETAIL LEASES 2023 : 22
VACANCY RATE 2023: 2.6%
VACANCY RATE 2023:1.5%
2.8%
1.6%
PROPERTIES LEASED
81
BUNCOMBE
3
HAYWOOD
7
HENDERSON
0
MADISON
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0
MITCHELL/YANCEY
3
POLK
0
RUTHERFORD
7
TRANSYLVANIA
101 TOTAL
220 Merrimon Avenue, Weaverville, NC Notable Transaction
All chart information represents 2024 data as provided by CoStar for the 9-county region.
$5,800,000 Our agents Karl and Jim just closed on this 115,000 SF manufacturing space. The property includes a recently resurfaced parking lot and driveway, updated LED lighting on the interior, recently replaced roof, a total of eight dock doors and one drive-in, updated rooftop heating and cooling systems, and numerous overhead crane systems throughout the building. This was not your typical investment property—it was 75% leased, 25% vacant—but they found the perfect buyer ready to use the vacant space and grow on site.
QUARTER TWO 2024 29
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