1. Commercial Real Estate Market Forecast October 8, 2014 | Daniel Island Club

2. www.CharlestonCommercialMarketForecast.com DEMAND POPULATION GROWTH RENTAL RATES VACANCY INTERNET SALES LAND AVAILAB SUBMARKETS LEASE CORPORATE PARK EXPANSION NEW CONSTRUCTION DEMAND HIGHW ACCESS GROWTH RENTAL RATES VACANCY INTERNET ABUNDANT PARKING SALES ACTIVITY SUBMARKETS LEASE TERMS EXPANSION NEW CONSTRUCTION DEMAND POPULATION GRO RENTAL RATES DEMAND POPULATION GROWTH RENTAL RATES VACANCY INTERNET SALES AVAILABILITY SUBMARKETS LEASE CORPORATE PARK EXPANSION NEW CONSTRUCTION D HIGHWAY ACCESS GROWTH RENTAL RATES VACANCY INTERNET ABUNDANT PARKING SALE SUBMARKETS LEASE TERMS EXPANSION NEW CONSTRUCTION DEMAND POPULATION GRO RENTAL RATES DEMAND POPULATION GROWTH RENTAL RATES VACANCY INTERNET SALES LAND A SUBMARKETS LEASE CORPORATE PARK EXPANSION NEW CONSTRUCTION DEMAND HIGHWAY ACCES RENTAL RATES VACANCY INTERNET ABUNDANT PARKING SALES ACTIVITY SUBMARKETS LEASE TERM EXPANSION NEW CONSTRUCTION DEMAND POPULATION GROWTH RENTAL RATES DEMAND POPUL GROWTH RENTAL RATES VACANCY INTERNET SALES LAND AVAILABILITY SUBMARKETS LEASE CORPO EXPANSION NEW CONSTRUCTION DEMAND HIGHWAY ACCESS GROWTH RENTAL RATES VACANCY IN ABUNDANT PARKING SALES ACTIVITY SUBMARKETS LEASE TERMS EXPANSION NEW CONSTRUCTION POPULATION GROWTH RENTAL RATES DEMAND POPULATION GROWTH RENTAL RATES VACANCY INT SALES LAND AVAILABILITY SUBMARKETS LEASE CORPORATE PARK EXPANSION NEW CONSTRUCTION HIGHWAY ACCESS GROWTH RENTAL RATES VACANCY INTERNET ABUNDANT PARKING SALES ACTIVIT SUBMARKETS LEASE TERMS EXPANSION NEW CONSTRUCTION DEMAND POPULATION GROWTH REN DEMAND POPULATION GROWTH RENTAL RATES VACANCY INTERNET SALES LAND AVAILABILITY SUB LEASE CORPORATE PARK EXPANSION NEW CONSTRUCTION DEMAND

3. www.CharlestonCommercialMarketForecast.com Office Market Forecast & Outlook 2014 Terry Ansley, CPM Broker in Charge 843.884.8166/tansley@landmark-enterprises.com

4. www.CharlestonCommercialMarketForecast.com Inventory SF Total 26,283,435 Class A 4,927,822 Class B 13,571,560 Class C 7,784,053 Rate Overall $17.44 Class A $24.66 Class B $17.28 Class C $ 9.67 Range Class A $22 - $37 Class B $15 - $21 Class C $9 - $14 Vacancy Overall 7.9% Class A 8.9% Class B 8.9% Class C 5.4%

5. www.CharlestonCommercialMarketForecast.com Charleston Submarket

6. www.CharlestonCommercialMarketForecast.com Active Areas: Downtown Drivers: Courthouse Financial District Historic District High Profile 607 Meeting Street 174 Meeting Street Cigar Factory

7. www.CharlestonCommercialMarketForecast.com Active Areas: East Cooper Drivers: Land Availability Highway Access Executive Residence Abundant Parking Less Congestion Gateway Mount Pleasant Central Island Plaza BenefitFocus

8. www.CharlestonCommercialMarketForecast.com Active Areas: North Charleston Drivers: Central Location Aerospace Corporate Park Retail Amenity Base Faber Plaza CTAR College of Charleston

9. www.CharlestonCommercialMarketForecast.com Active Areas: Summerville Drivers: Land Availability Population Growth New I-26 Interchange MeadWestvaco MWV SCRA

10. www.CharlestonCommercialMarketForecast.com Horizon Outer Ring New Construction Gateways Cycle Sites Carnes Crossroads Infill New Construction Gateways

11. www.CharlestonCommercialMarketForecast.com Horizon Forecast: Growth Inventory Rates Firming Up Positive Absorption Static Vacancy Market Challenges: Preleasing vs. Speculative Lending Requirements Land Values/ Building Cost Increases Delivery at Market Rate

12. www.CharlestonCommercialMarketForecast.com Let the Good Times Roll.