Columbia Industrial Market Report

By PropZone Research · Data through Q4 2025 · Aggregated from Cushman & Wakefield, Lee Associates, Colliers

Quarterly industrial market indicators for Columbia, aggregated by PropZone from Cushman & Wakefield, Lee Associates, Colliers. As of Q4 2025, average asking rent was — with a 5.5% vacancy rate.

Projected current industrial pricing — Columbia

low confidence
Projected asking rent
$5.79/SF/yr
Estimated sale value
$47–$57/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2023 multiple brokerages data (cap rate 8.5%, asking rent held flat). Assumes ~95% occupancy and a 7288% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q4 20255.5%0K SF0K SFCushman & Wakefield
Q4 20234.9%86.1M SFLee Associates
Q4 2023$5.79/SF0K SFCushman & Wakefield
Q4 20193.6%2K SFCushman & Wakefield
Q4 2019$39.14/SF6.4%1.5M SFLee Associates
Q4 2019$39.00/SF15.4%-995K SFColliers
Q3 20174.6%0K SFColliers
Q3 20171.7%1.2M SFCushman & Wakefield

Frequently asked questions

What is the average asking rent for industrial space in Columbia?
PropZone aggregates industrial asking-rent data for Columbia from major brokerage market reports; see the quarterly table for the latest available figures.
What is the industrial vacancy rate in Columbia?
The industrial vacancy rate in Columbia was 5.5% as of Q4 2025 (Cushman & Wakefield).
Where does PropZone's Columbia market data come from?
This report aggregates quarterly industrial market data for Columbia from Cushman & Wakefield, Lee Associates, Colliers.