MUSC Proposal

S TAT E W I D E

T E N A N T

R E P R E S E N TAT I O N

A N D C O R P O R AT E S E R V I C E S P R O P O S A L PREPARED FOR:

Eva Greenwood, Alice Edwards and Rachel Jones

Photo Credit: MUSC

Reid Davis, CCIM, SIOR (843) 277-4326 RDavis@Lee-Associates.com

Pete Harper, CCIM (843) 329-0108 PHarper@Lee-Associates.com

960

Suite

Morrison

Drive,

400

|

Cameron Yost (843) 203-1105 CYost@Lee-Associates.com Charleston,

SC

2940

Bob Nuttall, SIOR, CPM (843) 367-8255 BNuttall@Lee-Associates.com |

843.747.1200

|

lee-charleston.com

Table of C ontents

Exe cu t ive S u m m a r y W h y Ch o o se L e e ?

P ro je ct Tim e lin e

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N o t a ble Te n a nt R e pre se n t a t io n a n d Co r po r a t e S e r vice s P ro ve n Tr a ck R e co rd

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N o t a ble P ro je ct E xpe r ie n ce T h e O ff ice S e r vice s Te a m T h e F ir m ’s A ff ilia t io n s

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We H a ve Yo u Co ve re d N a t io n w ide O u r B ro ke r a ge S e r vice s O u r R e so u rce s R e f e re n ce s

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Photo Credit: MUSC

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Table of C ontents

Exe cu t ive S u m m a r y W h y Ch o o se L e e ?

P ro je ct Tim e lin e

5

7

8-9

N o t a ble Te n a nt R e pre se n t a t io n a n d Co r po r a t e S e r vice s P ro ve n Tr a ck R e co rd

12-13

N o t a ble P ro je ct E xpe r ie n ce T h e O ff ice S e r vice s Te a m T h e F ir m ’s A ff ilia t io n s

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We H a ve Yo u Co ve re d N a t io n w ide O u r B ro ke r a ge S e r vice s O u r R e so u rce s R e f e re n ce s

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21

Photo Credit: MUSC

3

Exec ut ive Summar y Thank you for allowing Lee & Associates the opportunity to present our qualifications to provide statewide tenant representation and corporate services for the Medical University of South Carolina (MUSC).

Lee & Associates serves as the bridge connecting people with properties.

We take the time to listen and understand your needs, and then work to manage the leases for your existing locations and to match you with your ideal property on new locations.

This connection is unique for every tenant or property, and our passion for facilitating this process is what sets us apart from other real estate providers. Our experience, collaborative approach, market knowledge and commitment to excellent service gives us the competitive advantage to achieve your specific goals.

This proposal outlines the tenant representation and corporate services we plan to implement for MUSC and the team of experienced professionals who will become an integral part of your real estate team as you streamline your existing locations and expand to new ones.

Photo Credit: MUSC

5

Exec ut ive Summar y Thank you for allowing Lee & Associates the opportunity to present our qualifications to provide statewide tenant representation and corporate services for the Medical University of South Carolina (MUSC).

Lee & Associates serves as the bridge connecting people with properties.

We take the time to listen and understand your needs, and then work to manage the leases for your existing locations and to match you with your ideal property on new locations.

This connection is unique for every tenant or property, and our passion for facilitating this process is what sets us apart from other real estate providers. Our experience, collaborative approach, market knowledge and commitment to excellent service gives us the competitive advantage to achieve your specific goals.

This proposal outlines the tenant representation and corporate services we plan to implement for MUSC and the team of experienced professionals who will become an integral part of your real estate team as you streamline your existing locations and expand to new ones.

Photo Credit: MUSC

5

Why Cho os e L e e?

OUR COMPETITIVE ADVANTAGE In our three-fold approach to site selection and existing lease management, the experts at Lee & Associates will become your competitive advantage for your business in these areas:

OUR STATEWIDE EXPERIENCE Lee & Associates’ experience and knowledge will help MUSC realize mass amounts of savings in time and money. With an office in Charleston and an office in Greenville, we have you covered statewide.

Your Brand GREENVILLE, SC

Business Strategy

Productivity & Creativity

Your real estate choice is more than numbers; it is a long-term decision about where, who, and how you will operate your business in the future.

It’s where you treat patients, house your resources, connect with your employees, and build plans for your future success.

CHARLESTON, SC

The Lee & Associates team of office experts bring a wealth of knowledge to the table.

We know the South Carolina market, transaction process, negotiation tactics and space construction practices. Let us manage the details of your search for new space and help you save time and money on your existing spaces, so you can focus on what is most important for your business.

7

Why Cho os e L e e?

OUR COMPETITIVE ADVANTAGE In our three-fold approach to site selection and existing lease management, the experts at Lee & Associates will become your competitive advantage for your business in these areas:

OUR STATEWIDE EXPERIENCE Lee & Associates’ experience and knowledge will help MUSC realize mass amounts of savings in time and money. With an office in Charleston and an office in Greenville, we have you covered statewide.

Your Brand GREENVILLE, SC

Business Strategy

Productivity & Creativity

Your real estate choice is more than numbers; it is a long-term decision about where, who, and how you will operate your business in the future.

It’s where you treat patients, house your resources, connect with your employees, and build plans for your future success.

CHARLESTON, SC

The Lee & Associates team of office experts bring a wealth of knowledge to the table.

We know the South Carolina market, transaction process, negotiation tactics and space construction practices. Let us manage the details of your search for new space and help you save time and money on your existing spaces, so you can focus on what is most important for your business.

7

Proj e c t Timeline for St ate wide Ne w L o cat ions

Projec t Timeline for E xist ing L e as e Analysis and Rene wals

We have developed a preliminary project timeline for your new locations based on our previous experience in each stage of site selection. This timeline is flexible based on your preferences, potential obstacles and future negotiations.

We have developed a preliminary project timeline for the analysis of your current lease obligations based on our previous experience in doing analysis of large lease portfolios.

This timeline is flexible based on your preference and expectations.

1

DETAIL LOCATIONS

2

• Address • Location type • Size • Term • Rental Rate

RESEARCH SUBMARKET • Existing vacancies • Recent comparables • Expected rental rate range • Better or worse space

1. DETAIL LOCATIONS COMPLETE

3

COMPARE TO LOCATION Base comparison on: • Location • Quality of space • Size • Quoted rental rates on vacancies • Depth of availabilities in the submarket

4

DETERMINE POTENTIAL SAVINGS

5

• Assign a potential rental rate • Determine potential savings • If a NNN lease, compare current NNN charges to the submarket

3. COMPARE TO LOCATION 30 DAYS

DETERMINE LOCATION STRATEGY • Do nothing • Renegotiate with

Landlord in advance of expiration • Wait for termination, renewal or relocation

5. DETERMINE LOCATION STRATEGY 60 DAYS

April 2019

1

DEFINE NEEDS • Corporate image • Space layout • Amenities • Tenant improvements needed • Signage opportunities • Location • IT/Telecom needs

1. DEFINE NEEDS 5 DAYS

2

SURVEY MARKET We define the market coverage to provide you options, including: • Lease options • Sublease options • Purchase options • New construction

3. SELECT PROPERTY 30 DAYS

June 2019

2. RESEARCH SUBMARKET 15 DAYS

4. DETERMINE POTENTIAL SAVINGS 45 DAYS

3

SELECT PROPERTY Once your options are identified, we begin physical tours. For each of your identified options, we analyze: • Ownership structure • Building image • Amenities • Growth accommodation • Timing of space delivery

4

SPACE PLANNING

5

• Create potential layouts unique to each selected building • Select an architect to design a space to meet your needs if necessary • Have landlord’s architects/engineers draw up test fits

SEEK AND REVIEW PROPOSALS • Prepare a request for proposal (RFP) and send it • Evaluate each proposal against your needs and goals for rental rate, term, square footage, tenant improvements, parking, etc.

• Provide a complete financial review and detailed analysis of each property

5. SEEK AND REVIEW PROPOSALS 45 DAYS

6

NEGOTIATE TERMS • We will achieve the most favorable terms possible for you • We know the market opportunities, available concessions and unique terms being offered in today’s market • Aggressively negotiate the best possible terms on your behalf

7. BUILD SPACE 30-180 DAYS

7

BUILD SPACE • Help you interview and select contractor • Review construction budget and proposals • Attend construction

meetings as needed

8

MOVE-IN • Help identify a move-in coordinator • Identify cables, movers, furniture dealers to ensure a seamless move

8. MOVE-IN! 3-8 MONTHS

August 2019

2. SURVEY MARKET 30 DAYS

4. SPACE PLANNING 45 DAYS

6. NEGOTIATE TERMS 60 DAYS

Existing Lease Review: After a preliminary review of the lease data provided, we believe MUSC has done a good job negotiating new leases with third parties. We only found two locations in Charleston where we believe there may be room for savings.

Those two locations are 1113 Park West Blvd. and 1180 Sam Rittenberg Blvd. We believe there is potentially a ± $15,000 annual savings for both of these sites.

8

9

Proj e c t Timeline for St ate wide Ne w L o cat ions

Projec t Timeline for E xist ing L e as e Analysis and Rene wals

We have developed a preliminary project timeline for your new locations based on our previous experience in each stage of site selection. This timeline is flexible based on your preferences, potential obstacles and future negotiations.

We have developed a preliminary project timeline for the analysis of your current lease obligations based on our previous experience in doing analysis of large lease portfolios.

This timeline is flexible based on your preference and expectations.

1

DETAIL LOCATIONS

2

• Address • Location type • Size • Term • Rental Rate

RESEARCH SUBMARKET • Existing vacancies • Recent comparables • Expected rental rate range • Better or worse space

1. DETAIL LOCATIONS COMPLETE

3

COMPARE TO LOCATION Base comparison on: • Location • Quality of space • Size • Quoted rental rates on vacancies • Depth of availabilities in the submarket

4

DETERMINE POTENTIAL SAVINGS

5

• Assign a potential rental rate • Determine potential savings • If a NNN lease, compare current NNN charges to the submarket

3. COMPARE TO LOCATION 30 DAYS

DETERMINE LOCATION STRATEGY • Do nothing • Renegotiate with

Landlord in advance of expiration • Wait for termination, renewal or relocation

5. DETERMINE LOCATION STRATEGY 60 DAYS

April 2019

1

DEFINE NEEDS • Corporate image • Space layout • Amenities • Tenant improvements needed • Signage opportunities • Location • IT/Telecom needs

1. DEFINE NEEDS 5 DAYS

2

SURVEY MARKET We define the market coverage to provide you options, including: • Lease options • Sublease options • Purchase options • New construction

3. SELECT PROPERTY 30 DAYS

June 2019

2. RESEARCH SUBMARKET 15 DAYS

4. DETERMINE POTENTIAL SAVINGS 45 DAYS

3

SELECT PROPERTY Once your options are identified, we begin physical tours. For each of your identified options, we analyze: • Ownership structure • Building image • Amenities • Growth accommodation • Timing of space delivery

4

SPACE PLANNING

5

• Create potential layouts unique to each selected building • Select an architect to design a space to meet your needs if necessary • Have landlord’s architects/engineers draw up test fits

SEEK AND REVIEW PROPOSALS • Prepare a request for proposal (RFP) and send it • Evaluate each proposal against your needs and goals for rental rate, term, square footage, tenant improvements, parking, etc.

• Provide a complete financial review and detailed analysis of each property

5. SEEK AND REVIEW PROPOSALS 45 DAYS

6

NEGOTIATE TERMS • We will achieve the most favorable terms possible for you • We know the market opportunities, available concessions and unique terms being offered in today’s market • Aggressively negotiate the best possible terms on your behalf

7. BUILD SPACE 30-180 DAYS

7

BUILD SPACE • Help you interview and select contractor • Review construction budget and proposals • Attend construction

meetings as needed

8

MOVE-IN • Help identify a move-in coordinator • Identify cables, movers, furniture dealers to ensure a seamless move

8. MOVE-IN! 3-8 MONTHS

August 2019

2. SURVEY MARKET 30 DAYS

4. SPACE PLANNING 45 DAYS

6. NEGOTIATE TERMS 60 DAYS

Existing Lease Review: After a preliminary review of the lease data provided, we believe MUSC has done a good job negotiating new leases with third parties. We only found two locations in Charleston where we believe there may be room for savings.

Those two locations are 1113 Park West Blvd. and 1180 Sam Rittenberg Blvd. We believe there is potentially a ± $15,000 annual savings for both of these sites.

8

9

Not able Tenant Repres ent at ion and C or p orate S er vice Exp er ience LEE & ASSOCIATES HAS YOU COVERED! Here are just a few of our notable tenant representation transactions and corporate service clients.

11

Not able Tenant Repres ent at ion and C or p orate S er vice Exp er ience LEE & ASSOCIATES HAS YOU COVERED! Here are just a few of our notable tenant representation transactions and corporate service clients.

11

THE LEADERBOARD COMPANY NAME

O ur Hig h lig hts

Proven Track Re cord # Deals (Last 365)

# Deals SF (Last 365)

Landlord Rep Properties

Landlord Rep RBA

# Sales Transactions (3YR)

$ Sales Transactions (3YR)

Lee & Associates

328

2,721,406

161

9,535,942

147

260,662,699

Avison Young

126

774,838

278

6,167,211

95

148,512,356

CBRE

70

655,960

187

8,896,835

89

576,309,422

Coldwell Banker Commercial

35

100,479

178

1,359,218

66

116,073,468

Beach Company

33

159,580

41

1,231,831

42

70,690,416

Ziff Properties, Inc.

32

120,611

41

1,595,500

3

11,125,000

NAI Charleston

31

112,382

80

1,273,499

59

170,871,665

RE/MAX Pro Realty

31

92,379

172

950,979

62

46,669,000

Belk Lucy

27

35,109

126

1,917,908

16

19,811,272

WRS, Inc.

26

50,848

100

2,667,078

14

13,350,100

Cushman & Wakefield

25

209,690

22

1,529,951

29

63,311,580

JLL

23

828,128

82

10,176,900

20

157,152,786

Bridge Commercial

21

505,032

46

5,940,347

27

155,680,709

Adams Property Group

19

25,607

18

345,286

9

31,748,855

Palmetto Commercial Properties

18

59,060

73

1,341,879

40

54,807,000

Lee & Associates Charleston’s Portfolio TRANSACTION VOLUME

SQUARE FEET SOLD

SQUARE FEET LEASED

SALES TRANSACTIONS

LEASE TRANSACTIONS

ACRES OF LAND SOLD

$315,556,684

1,795,336

283

54

31

Lee & Associates Office Portfolio TRANSACTION VOLUME

$120,175,909

SQUARE FEET SOLD

454,157

*Numbers Taken From CoStar as of January 31, 2019

TOP AG ENTS BY DEALS DONE

1,071,704

SQUARE FEET LEASED

T O P C O M PA N I E S B Y D E A L S D O N E

411,454

SALES TRANSACTIONS

14 LEASE TRANSACTIONS

LEE CHA RLEST O N LEAD S THE SCC M L S OFFICE TRA NSAC TI O N LEAD ERB OARD 12

FO UR A G EN TS I N TO P 1 3 F O R D EAL S D O N E

RA N KED N O. 1 TO P C O M PAN Y

BY D EALS DON E

LE E C O M P L E T E D 1 1 8 O F 3 3 1 T O TAL O F F I C E L E AS E S I N 2 0 1 8

LE E M AD E 3 6 % O F A LL L E AS E DE A LS DON E *Numbers Taken From SCCMLS , 2018 Statistics

153

*The above statistics are from January 1, 2018 to February 28, 2019

13

THE LEADERBOARD COMPANY NAME

O ur Hig h lig hts

Proven Track Re cord # Deals (Last 365)

# Deals SF (Last 365)

Landlord Rep Properties

Landlord Rep RBA

# Sales Transactions (3YR)

$ Sales Transactions (3YR)

Lee & Associates

328

2,721,406

161

9,535,942

147

260,662,699

Avison Young

126

774,838

278

6,167,211

95

148,512,356

CBRE

70

655,960

187

8,896,835

89

576,309,422

Coldwell Banker Commercial

35

100,479

178

1,359,218

66

116,073,468

Beach Company

33

159,580

41

1,231,831

42

70,690,416

Ziff Properties, Inc.

32

120,611

41

1,595,500

3

11,125,000

NAI Charleston

31

112,382

80

1,273,499

59

170,871,665

RE/MAX Pro Realty

31

92,379

172

950,979

62

46,669,000

Belk Lucy

27

35,109

126

1,917,908

16

19,811,272

WRS, Inc.

26

50,848

100

2,667,078

14

13,350,100

Cushman & Wakefield

25

209,690

22

1,529,951

29

63,311,580

JLL

23

828,128

82

10,176,900

20

157,152,786

Bridge Commercial

21

505,032

46

5,940,347

27

155,680,709

Adams Property Group

19

25,607

18

345,286

9

31,748,855

Palmetto Commercial Properties

18

59,060

73

1,341,879

40

54,807,000

Lee & Associates Charleston’s Portfolio TRANSACTION VOLUME

SQUARE FEET SOLD

SQUARE FEET LEASED

SALES TRANSACTIONS

LEASE TRANSACTIONS

ACRES OF LAND SOLD

$315,556,684

1,795,336

283

54

31

Lee & Associates Office Portfolio TRANSACTION VOLUME

$120,175,909

SQUARE FEET SOLD

454,157

*Numbers Taken From CoStar as of January 31, 2019

TOP AG ENTS BY DEALS DONE

1,071,704

SQUARE FEET LEASED

T O P C O M PA N I E S B Y D E A L S D O N E

411,454

SALES TRANSACTIONS

14 LEASE TRANSACTIONS

LEE CHA RLEST O N LEAD S THE SCC M L S OFFICE TRA NSAC TI O N LEAD ERB OARD 12

FO UR A G EN TS I N TO P 1 3 F O R D EAL S D O N E

RA N KED N O. 1 TO P C O M PAN Y

BY D EALS DON E

LE E C O M P L E T E D 1 1 8 O F 3 3 1 T O TAL O F F I C E L E AS E S I N 2 0 1 8

LE E M AD E 3 6 % O F A LL L E AS E DE A LS DON E *Numbers Taken From SCCMLS , 2018 Statistics

153

*The above statistics are from January 1, 2018 to February 28, 2019

13

The Of f ice S er vices Te am

Not able Proj ec t E xp er ience 22 WESTEDGE Charleston, SC Size: 155,358 SF

325 FOLLY RD Charleston, SC Size: 66,739 SF

111 COLEMAN BLVD Mt. Pleasant, SC Size: 41,743 SF

8992 UNIVERSITY BLVD North Charleston, SC Size: 41,168 SF

3955 FABER PLACE North Charleston, SC Size: 66,672 SF

NEXTON MOB Summerville, SC Size: 100,000 SF

4000 FABER PLACE North Charleston, SC Size: 95,625 SF

ASHLEY OVERLOOK North Charleston, SC Size: 105,000 SF

THE EXPERTS REID DAVIS, CCIM, SIOR

Managing Principal Reid is an office specialist with diverse and extensive background in real estate sales and marketing. His focus is on landlord and owner representation, having served both small local companies and Fortune 500 corporations throughout the Southeast. His experience covers the full spectrum of commercial real estate including sales, leasing, site selection, development, management and corporate services. His goal is to successfully guide clients in their best interest and, ultimately, bring more to their bottom line.

PETE HARPER, CCIM

Principal Pete is a Principal with Lee & Associates, specializing in office sales and leasing for third party owners and tenants. Mr. Harper represents clients in the acquisition, disposition and leasing of office buildings, retail properties and vacant land. Mr. Harper joined Lee & Associates in 2011 and was named a Principal in 2015. He has been awarded the CoStar Power Broker Award for three years running, and has been Charleston’s #1 producer by number of office lease transactions the past four years, based on CTAR rankings.

14

288 MEETING ST Charleston, SC Size: 30,720 SF

MEGHAN MCKENZIE Broker Services Coordinator As Broker Services Coordinator, Meghan coordinates with clients and brokers in all aspects of marketing and lease administration.

She maintains signage and listing files, and coordinates print and internet marketing materials. Meghan also performs various public relations and administration functions. Meghan has spent her entire professional career in commercial real estate. She loves all aspects of the real estate business.

CAMERON YOST

Associate Cameron is a Commercial Associate whose primary focus is the sale & lease of multi-tenant office properties in South Carolina. She began working at Lee & Associates in 2015, immersing herself in Charleston’s commercial real estate scene as Brokerage Services and Marketing Coordinator.

Her knowledge of the local real estate scene enables her to match specific client needs with market opportunities. Cameron serves Lee’s clients with a deep understanding of an array of industries.

BOB NUTTALL, SIOR, CPM

349 COLEMAN BLVD Mt. Pleasant, SC Size: 30,000 SF

SUPPORT TEAM

Managing Principal Bob has worked diligently to assemble the best team of commercial real estate professionals in our industry, from our agents and our property managers to our backstage support team; our people are what truly set us apart from our competition. As Broker-In-Charge and Managing Principal of the firm, he is committed to leading our team to ensure our reputation always lives up to our mission to put “People First, Properties Second.” This theme is evident in every interaction we have with our clients, customers, vendors, and even with each other.

JODY DAVIS Senior Marketing Coordinator As Sr. Marketing Coordinator, Jody designs and executes marketing content with tactics to support the Lee brokerage and it’s clients.

Her expertise is manifested in all aspects of marketing materials such as custom brochures, custom email blasts, proposals, offering memorandums, demographic research reports, and more. Brought up in the graphic design and advertising world, Jody came to Lee with over 16 years of design & marketing experience.

15

The Of f ice S er vices Te am

Not able Proj ec t E xp er ience 22 WESTEDGE Charleston, SC Size: 155,358 SF

325 FOLLY RD Charleston, SC Size: 66,739 SF

111 COLEMAN BLVD Mt. Pleasant, SC Size: 41,743 SF

8992 UNIVERSITY BLVD North Charleston, SC Size: 41,168 SF

3955 FABER PLACE North Charleston, SC Size: 66,672 SF

NEXTON MOB Summerville, SC Size: 100,000 SF

4000 FABER PLACE North Charleston, SC Size: 95,625 SF

ASHLEY OVERLOOK North Charleston, SC Size: 105,000 SF

THE EXPERTS REID DAVIS, CCIM, SIOR

Managing Principal Reid is an office specialist with diverse and extensive background in real estate sales and marketing. His focus is on landlord and owner representation, having served both small local companies and Fortune 500 corporations throughout the Southeast. His experience covers the full spectrum of commercial real estate including sales, leasing, site selection, development, management and corporate services. His goal is to successfully guide clients in their best interest and, ultimately, bring more to their bottom line.

PETE HARPER, CCIM

Principal Pete is a Principal with Lee & Associates, specializing in office sales and leasing for third party owners and tenants. Mr. Harper represents clients in the acquisition, disposition and leasing of office buildings, retail properties and vacant land. Mr. Harper joined Lee & Associates in 2011 and was named a Principal in 2015. He has been awarded the CoStar Power Broker Award for three years running, and has been Charleston’s #1 producer by number of office lease transactions the past four years, based on CTAR rankings.

14

288 MEETING ST Charleston, SC Size: 30,720 SF

MEGHAN MCKENZIE Broker Services Coordinator As Broker Services Coordinator, Meghan coordinates with clients and brokers in all aspects of marketing and lease administration.

She maintains signage and listing files, and coordinates print and internet marketing materials. Meghan also performs various public relations and administration functions. Meghan has spent her entire professional career in commercial real estate. She loves all aspects of the real estate business.

CAMERON YOST

Associate Cameron is a Commercial Associate whose primary focus is the sale & lease of multi-tenant office properties in South Carolina. She began working at Lee & Associates in 2015, immersing herself in Charleston’s commercial real estate scene as Brokerage Services and Marketing Coordinator.

Her knowledge of the local real estate scene enables her to match specific client needs with market opportunities. Cameron serves Lee’s clients with a deep understanding of an array of industries.

BOB NUTTALL, SIOR, CPM

349 COLEMAN BLVD Mt. Pleasant, SC Size: 30,000 SF

SUPPORT TEAM

Managing Principal Bob has worked diligently to assemble the best team of commercial real estate professionals in our industry, from our agents and our property managers to our backstage support team; our people are what truly set us apart from our competition. As Broker-In-Charge and Managing Principal of the firm, he is committed to leading our team to ensure our reputation always lives up to our mission to put “People First, Properties Second.” This theme is evident in every interaction we have with our clients, customers, vendors, and even with each other.

JODY DAVIS Senior Marketing Coordinator As Sr. Marketing Coordinator, Jody designs and executes marketing content with tactics to support the Lee brokerage and it’s clients.

Her expertise is manifested in all aspects of marketing materials such as custom brochures, custom email blasts, proposals, offering memorandums, demographic research reports, and more. Brought up in the graphic design and advertising world, Jody came to Lee with over 16 years of design & marketing experience.

15

The Fir m’s Af f iliat ions

We Have You C overe d Nat ionwide

DESIGNATIONS AND MEMBERSHIPS Agents in our office are affiliated with leading industry-related associations including: The Society of Industrial and Office Realtors (SIOR), Certified Commercial Investment Members (CCIM), National Association of Realtors (NAR), Urban Land Institute (ULI), International Council of Shopping Centers (ICSC), NAIOP, and US Green Building Council (USGBC).

5 SIOR Members | 6 CCIM Members | 1 RPA Member | 3 CPM Members | 1 FMA Member | 6 CREW Members

THE POWER OF THE LEE NETWORK

LEE & ASSOCIATES CHARLESTON HAS MORE SIOR, CCIM, AND CPM MEMBERS THAN ANY OTHER FIRM IN THE CHARLESTON AREA.

ACHIEVEMENTS

Lee & Associates Charleston enjoys an excellent reputation in all areas of the Charleston area commercial real estate and business community.

Our reputation is an intangible asset that is extremely beneficial to our clients.

OTHER ACCOMPLISHMENTS INCLUDE (but not limited to):

16

• Costar Power Broker “Top Leasing Firmsâ€? • Charleston’s Choice Award • Agents in our office are Commercial Circle of Excellence members

• Costar Power Broker “Top Sales Firmsâ€? • Agents in our office are Realtors of Distinction Award recipients

60 LEE & ASSOCIATES LOCATIONS TO LOCALLY SERVE OUR CLIENTS

Arizona Minnesota

British Columbia Nevada California

New jersey Colorado

New York Florida

North Carolina Georgia Ohio Idaho Pennsylvania Illinois

South Carolina Indiana Texas Maryland Washington Michigan Wisconsin

17

The Fir m’s Af f iliat ions

We Have You C overe d Nat ionwide

DESIGNATIONS AND MEMBERSHIPS Agents in our office are affiliated with leading industry-related associations including: The Society of Industrial and Office Realtors (SIOR), Certified Commercial Investment Members (CCIM), National Association of Realtors (NAR), Urban Land Institute (ULI), International Council of Shopping Centers (ICSC), NAIOP, and US Green Building Council (USGBC).

5 SIOR Members | 6 CCIM Members | 1 RPA Member | 3 CPM Members | 1 FMA Member | 6 CREW Members

THE POWER OF THE LEE NETWORK

LEE & ASSOCIATES CHARLESTON HAS MORE SIOR, CCIM, AND CPM MEMBERS THAN ANY OTHER FIRM IN THE CHARLESTON AREA.

ACHIEVEMENTS

Lee & Associates Charleston enjoys an excellent reputation in all areas of the Charleston area commercial real estate and business community.

Our reputation is an intangible asset that is extremely beneficial to our clients.

OTHER ACCOMPLISHMENTS INCLUDE (but not limited to):

16

• Costar Power Broker “Top Leasing Firmsâ€? • Charleston’s Choice Award • Agents in our office are Commercial Circle of Excellence members

• Costar Power Broker “Top Sales Firmsâ€? • Agents in our office are Realtors of Distinction Award recipients

60 LEE & ASSOCIATES LOCATIONS TO LOCALLY SERVE OUR CLIENTS

Arizona Minnesota

British Columbia Nevada California

New jersey Colorado

New York Florida

North Carolina Georgia Ohio Idaho Pennsylvania Illinois

South Carolina Indiana Texas Maryland Washington Michigan Wisconsin

17

Our Brokerage S er vices

O ur Res ources PROPRIETARY LEASE COMPARABLE DATABASE (IN-HOUSE)

Central directory of deals done within Lee & Associates Charleston in order to create a comprehensive database of recent leasing/sales activity.

WHAT DOES LEE & ASSOCIATES CHARLESTON PROVIDE TO MUSC?

Lee & Associates is a full-service commercial real estate firm that specializes in: PROPRIETARY MARKET ANALYSIS AND REPORTS (IN-HOUSE)

You’re an expert in knowing what your customers want - often before they do. We bring the same approach to your business. Lee & Associates is built on an enterprising culture of collaboration and innovation. We provide creative, strategic solutions to landlords, tenants and developers across the country. Whether you need sales and leasing brokerage, property marketing, research and demographics, or asset and property management, we have years of experience to serve you.

Each quarter we analyze the numbers and write concise, easy to read reports for our clients and associates on the latest trends in the Charleston submarkets for the office, industrial, and retail sectors.

ARGUS INVESTMENT ANALYSIS

A sophisticated financial software tool available for cash flow analysis, collateral and property valuation, due diligence, asset management and budgeting.

TENANT REPRESENTATION AND CORPORATE SOLUTIONS SERVICES Today’s real estate decisions require complex information; Lee offers competitive assessments, market analysis, creative market search, and deal negotiation. Whether you are expanding, relocating, contracting, or optimizing your existing locations, our team is here to help.

• Office services • Financial analysis • Incentive analysis

Tenant Representation

• Site selection • Lease administration • Highest and best use studies

Project Development

• Acquisition and disposition services • Repositioning and redevelopment services

18

• Site selection and entitlement • Valuation services and appraisal

• Land assembly and acquisition • Disposition and investment sales

Agents have access to an intuitive map-based data and visual analysis tool powered by ESRI which provides property information, search tools, and maps that integrate labels, drawings, plan overlays, and imported data.

Public database of commercial real estate for lease and sale and marketing tool for broker listings.

Advisory and Research

REAL CAPITAL ANALYTICS

Timely and reliable transaction data with unique intelligence on market pricing, capital flows and investment trends.

Knowing what to build is just as important as knowing where to build it. Our team works with you from concept to completion to ensure the project vision meets your objectives, as well as the market’s requirements.

• Project leasing

Our SCCMLS agents have full access to the suite including listings, sales/leases, educational tools and resources.

LOOPNET Land Acquisition and Disposition

DEVELOPER SERVICES

SCCMLS

SITE TO DO BUSINESS

Whether identifying acquisition opportunities, implementing effective leasing programs, or managing properties more efficiently, we are always seeking opportunities to maximize the value of your assets.

• Project leasing • Management services • Valuation and appraisal services

Our agents have full access to the National CoStar suite including property, tenant, comparable, and market analysis reporting.

This service is accessible from their computers, smart phones, iPads, etc.

Landlord Representation

Property Management

OWNER SERVICES

C O S TAR

Investment Advisory

CHARLESTON REGIONAL BUSINESS JOURNAL

Lee & Associates has an active subscription and a PDF of the bi-weekly paper available for brokers to view.

• BROKERAGE • PROPERTY MANAGEMENT • DEVELOPMENT •

19

Our Brokerage S er vices

O ur Res ources PROPRIETARY LEASE COMPARABLE DATABASE (IN-HOUSE)

Central directory of deals done within Lee & Associates Charleston in order to create a comprehensive database of recent leasing/sales activity.

WHAT DOES LEE & ASSOCIATES CHARLESTON PROVIDE TO MUSC?

Lee & Associates is a full-service commercial real estate firm that specializes in: PROPRIETARY MARKET ANALYSIS AND REPORTS (IN-HOUSE)

You’re an expert in knowing what your customers want - often before they do. We bring the same approach to your business. Lee & Associates is built on an enterprising culture of collaboration and innovation. We provide creative, strategic solutions to landlords, tenants and developers across the country. Whether you need sales and leasing brokerage, property marketing, research and demographics, or asset and property management, we have years of experience to serve you.

Each quarter we analyze the numbers and write concise, easy to read reports for our clients and associates on the latest trends in the Charleston submarkets for the office, industrial, and retail sectors.

ARGUS INVESTMENT ANALYSIS

A sophisticated financial software tool available for cash flow analysis, collateral and property valuation, due diligence, asset management and budgeting.

TENANT REPRESENTATION AND CORPORATE SOLUTIONS SERVICES Today’s real estate decisions require complex information; Lee offers competitive assessments, market analysis, creative market search, and deal negotiation. Whether you are expanding, relocating, contracting, or optimizing your existing locations, our team is here to help.

• Office services • Financial analysis • Incentive analysis

Tenant Representation

• Site selection • Lease administration • Highest and best use studies

Project Development

• Acquisition and disposition services • Repositioning and redevelopment services

18

• Site selection and entitlement • Valuation services and appraisal

• Land assembly and acquisition • Disposition and investment sales

Agents have access to an intuitive map-based data and visual analysis tool powered by ESRI which provides property information, search tools, and maps that integrate labels, drawings, plan overlays, and imported data.

Public database of commercial real estate for lease and sale and marketing tool for broker listings.

Advisory and Research

REAL CAPITAL ANALYTICS

Timely and reliable transaction data with unique intelligence on market pricing, capital flows and investment trends.

Knowing what to build is just as important as knowing where to build it. Our team works with you from concept to completion to ensure the project vision meets your objectives, as well as the market’s requirements.

• Project leasing

Our SCCMLS agents have full access to the suite including listings, sales/leases, educational tools and resources.

LOOPNET Land Acquisition and Disposition

DEVELOPER SERVICES

SCCMLS

SITE TO DO BUSINESS

Whether identifying acquisition opportunities, implementing effective leasing programs, or managing properties more efficiently, we are always seeking opportunities to maximize the value of your assets.

• Project leasing • Management services • Valuation and appraisal services

Our agents have full access to the National CoStar suite including property, tenant, comparable, and market analysis reporting.

This service is accessible from their computers, smart phones, iPads, etc.

Landlord Representation

Property Management

OWNER SERVICES

C O S TAR

Investment Advisory

CHARLESTON REGIONAL BUSINESS JOURNAL

Lee & Associates has an active subscription and a PDF of the bi-weekly paper available for brokers to view.

• BROKERAGE • PROPERTY MANAGEMENT • DEVELOPMENT •

19

References MUSC FOUNDATION - Tom Anderson, Chief Executive Office (xxx) xxx-xxxx

ROPER SAINT FRANCIS - Elisa Cooper, Director of Property Managemnt (xxx) xxx-xxxx CHARLESTON METRO CHAMBER OF COMMERCE - Bryan Derreberry, President and CEO (xxx) xxx-xxxx PINNACLE FINANCIAL PARTNERS - John Freeman, Senior Vice President (xxx) xxx-xxxx PALMETTO PRIMARY CARE - David Carroll, Chief Operating Officer (xxx) xxx-xxxx

Photo Credit: MUSC

*We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

21

References MUSC FOUNDATION - Tom Anderson, Chief Executive Office (xxx) xxx-xxxx

ROPER SAINT FRANCIS - Elisa Cooper, Director of Property Managemnt (xxx) xxx-xxxx CHARLESTON METRO CHAMBER OF COMMERCE - Bryan Derreberry, President and CEO (xxx) xxx-xxxx PINNACLE FINANCIAL PARTNERS - John Freeman, Senior Vice President (xxx) xxx-xxxx PALMETTO PRIMARY CARE - David Carroll, Chief Operating Officer (xxx) xxx-xxxx

Photo Credit: MUSC

*We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

21

CONTACT: Reid Davis, CCIM, SIOR (843) 277-4326 RDavis@Lee-Associates.com

Pete Harper, CCIM (843) 329-0108 PHarper@Lee-Associates.com

960

Suite

Morrison

Drive,

400

|

Cameron Yost (843) 203-1105 CYost@Lee-Associates.com Charleston,

SC

2940

Bob Nuttall, SIOR, CPM (843) 367-8255 BNuttall@Lee-Associates.com |

843.747.1200

|

lee-charleston.com