Your Asheville Commercial Real Estate Expert
Jim Davis, SIOR - Commercial Broker
NAI Beverly-Hanks
A Full Service Commercial Real Estate Brokerage…
With years of experience in the Western North Carolina market, Jim Davis, SIOR at NAI Beverly-Hanks offers a comprehensive range of commercial real estate services, including property sales, leasing, tenant representation, and investment consulting. Specializing in the dynamic markets of Asheville and the surrounding areas, Jim combines local market knowledge with the global resources of NAI Beverly-Hanks, part of the prestigious NAI Global network.
Whether you're looking to expand your business with a new location, sell a commercial property, or find the perfect investment opportunity, Jim is committed to delivering personalized solutions with unmatched market insight. With a proven track record of successful transactions across retail, office, industrial, and multifamily sectors, Jim provides the expertise and dedication you need to navigate the complexities of commercial real estate.
Let’s connect today and discuss how I can help you achieve your commercial real estate goals. Explore opportunities across Asheville, Hendersonville, and beyond with a broker who knows the market inside and out.
Read Jim’s recent article that was
published in Southeast Real Estate Business!
Hurricane Helene changed Western North Carolina’s commercial real estate market, but it did not break it. Despite widespread disruption, the region’s limited supply, improving visitor activity, recovery funding and resilient business community have supported a steady return toward stability. This article examines the data, recovery trends and local examples that continue to reinforce confidence in WNC’s long-term outlook.
Davis Industrial Report | Fall & Winter 2026
Industrial Real Estate Market Insights: Western North Carolina, the Carolinas & the United States
The latest edition of the Davis Industrial Report provides an in-depth look at industrial real estate conditions across Western North Carolina, the Carolinas, and the national market. From shifting vacancy rates and rental trends to construction activity and investment conditions, this report examines the factors influencing today's industrial market and offers my perspective on what lies ahead in 2027.
Highlights from the Fall & Winter 2026 Edition:
Asheville & Western North Carolina: Industrial vacancy stands at 5.6%, with average asking rents of $10.63 per square foot annually. Limited inventory and varying property quality continue to influence the local market.
The Carolinas: Industrial vacancy ranges significantly across major markets, from 5.5% in the Greensboro/Winston-Salem area to 12.9% in Charleston, reflecting differences in construction activity and demand.
National Market: U.S. industrial vacancy stands at 6.8%, while third-quarter net absorption reached 76.6 million square feet, exceeding the 64 million square feet of new deliveries.
Looking Ahead to 2027: My outlook explores the effects of interest rates, evolving tenant demand, construction pipelines, and the growing importance of property quality and realistic pricing.
The report combines market research with my firsthand perspective as an industrial real estate broker serving Western North Carolina.
Read the latest NAI Market Report…
NAI Beverly-Hanks Quarterly Commercial Market Report | Q3 2026
Western North Carolina Commercial Real Estate Market Insights
The third-quarter 2026 NAI Beverly-Hanks Commercial Market Report provides a snapshot of commercial real estate activity across nine counties in Western North Carolina. Covering industrial, office, retail, multifamily, and land transactions, the report highlights market trends, vacancy rates, sales activity, and the region's continued redevelopment following Hurricane Helene.
Key Highlights from Q3 2026:
Industrial: Vacancy reached 6.1%, compared with 3.0% in 2025. The quarter recorded $6.3 million in industrial sales.
Office: Vacancy remained relatively low at 2.8%, with 23 lease transactions reported.
Retail: The market continues to demonstrate strong occupancy, with vacancy at just 1.3%. Retail sales totaled $36.3 million across 30 transactions.
Land Sales: Land transactions generated $20.9 million, up from $15.5 million during the comparable 2025 reporting period.
Regional Activity: Across the nine-county market, 72 properties sold and 64 properties were leased.
Market Outlook: Redevelopment, adaptive reuse, and selective investment remain important themes as Western North Carolina continues its recovery and long-term growth.
The report also features notable commercial transactions, local economic indicators, and insights into the factors shaping Western North Carolina's commercial real estate market.
Jim starts the first quarter of 2026 off with two Costar Power Broker Awards!
Jim was acknowledged for top sales transaction and top retail lease.
