South Carolina November 2020 – Key Take Aways

• Many are seeing a noticeable uptick in business. There is a desire to get deals done by end of year.
• There seems to be a tale of two worlds:  1/2 businesses doing great & 1/2 suffering.
• Office market is seeing higher activity. There is not much movement in rental rate, but there are aggressive incentives.
• Desperate need for stimulus in hospitality, higher education and non profit sectors.
• In areas where temperatures are decreasing, Covid cases are increasing.
• Watch to see how increase in insurance rates and taxes will impact the market.
• Many are seeing their 2021 pipeline expanding.
• Still uncertainty in what is coming with a Biden administration.