Category: Spartanburg
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As Mortgage Rates Hold Near 6.3%, Upstate Builders Sweeten Deals to Keep New Homes Moving
GREENVILLE, S.C. — Homebuilders across the Upstate are leaning harder on rate buydowns and closing-cost credits this summer as mortgage rates hover near 6.3% to 6.5%, a sign that supply and demand across Greenville and Spartanburg counties are pulling in opposite directions even as the region keeps adding rooftops. In Greenville, the market has tilted…
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Keke’s Breakfast Cafe Opens First Upstate SC Location in Spartanburg, With Four More Planned
SPARTANBURG, S.C. — Keke’s Breakfast Cafe has opened its first Upstate South Carolina location in a 4,500-square-foot storefront at Hillcrest Shopping Center, the leading edge of a five-restaurant buildout that marks the Florida-based chain’s debut in the region. The restaurant, next to J. Crew Factory on East Main Street, is operated by local restaurateur Jeff…
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Pinnacle Partnership Breaks Ground on Courtyard by Marriott, Advancing Spartanburg’s West Side Entertainment Hub
SPARTANBURG, S.C. — Pinnacle Partnership has broken ground on a new Courtyard by Marriott hotel near Westgate Mall, the latest step in the Spartanburg-based developer’s push to turn the city’s west side into a regional entertainment and travel destination. The five-story, 126-room hotel will rise on Pinnacle’s growing hospitality campus along the Westgate corridor, joining…
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Johnson Group’s Twin Office Towers Mark Spartanburg’s Biggest Downtown Office Push in a Decade
SPARTANBURG, S.C. — Two office buildings rising in downtown Spartanburg as part of the Johnson Group’s $542 million Project Core development represent the most significant office construction the city’s central business district has seen in more than 10 years, according to a second-quarter 2026 market report released this month by Colliers | South Carolina. The…
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Detpak USA to Open First U.S. Manufacturing Plant in Spartanburg County
Detpak USA will open its first U.S. manufacturing plant in Spartanburg County, a 175,000-square-foot facility expected to create more than 50 jobs.
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Lawsuit Challenges Spartanburg County’s Review of $2.8B NorthMark Data Center Expansion
A citizens group has sued Spartanburg County to force planning commission review of the next construction phase at NorthMark Strategies’ $2.8 billion data center, as a separate state air-permit fight over new natural gas turbines at the site continues through a July 31 comment deadline.
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Upstate Office, Industrial Vacancy Keep Tightening in Second-Quarter Market Report
CBRE’s second-quarter report shows Greenville-Spartanburg office vacancy falling to 9.9% and industrial vacancy to 5.3%, with a 100,000-square-foot office tower breaking ground downtown — the first since 2020.
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Greenville Apartment Boom Meets Its Ceiling as Construction Pipeline Thins and Rents Keep Climbing
GREENVILLE, S.C. — After several years of heavy multifamily construction, Greenville’s apartment market is shifting into a tighter, slower-growth phase in 2026, with vacancy holding near 5.8% and rents up 4.2% year-over-year even as the pipeline of new units shrinks, according to a Colliers market update. The tightening comes on the heels of a wave…
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GSP Airport Breaks Ground on $27.5 Million Solar Canopy System to Power Terminal
GREER, S.C. — Greenville-Spartanburg International Airport is moving forward with a $27.5 million solar canopy project that will let the terminal complex run largely on power generated on site, part of a broader wave of capital investment reshaping the region’s busiest air travel hub. Construction of the steel superstructure over Garage B is set to…
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Greenville County Still Leads Upstate Homebuilding, But Rising Costs Push Growth Toward Outlying Counties
New building permit data shows Greenville County’s share of Upstate homebuilding has fallen from nearly 60% to about 40% over two decades, as rising costs push growth toward Spartanburg, Anderson and Laurens counties.
Upstate Commercial Real Estate News 