You submitted questions about commercial real estate in Columbia, and we sent them to local expert Meredith Rhodes, a brokerage associate with Trinity Partners.
Here’s what she had to say:
How competitive is the Columbia market?
If you’re looking for high-quality commercial space in Columbia, whether to lease or purchase, you’ll find demand is strong and supply is limited. In short, if you want the best space in Columbia, be ready to act quickly.
What’s the timeline for buying vs. leasing a commercial space?
If a space is already vacant and ready for occupancy, a lease can often be negotiated, signed, and built out within 30–90 days. Buying generally takes longer — think 60–120 days from contract to closing.
Which neighborhoods are expected to grow in the next decade?
Growth tends to follow infrastructure improvements, population trends, and catalytic projects — and Columbia has several in the pipeline that could reshape its commercial landscape, including:
- Bull Street District
- West Columbia/Cayce River District
- Olympia-Granby
- Northeast Columbia