1
13
2
14
3
15
4
16
5
17
6
18
7
19
8
20
9
21
10
22
11
23
2 21
12
1
Sundaram-Clayton
4
Curtiss-Wright
2
SAIC
5
Absolute Haitian
3
Atlantic Packaging
6
MUSC Distribution Center
4
12
1
20
11
7
19 14
23
9
22
18
5
1
3 4
17 5
3
10
13
6 8
2 HANAHAN
15 16
6
WEST ASHLEY
MOUNT PLEASANT
Port City Centre, LLC
Port City Centre, LLC
Rank
Address
Size (SF)
Price
Price/SF
1.
6 Corporate Parkway, Goose Creek
526,316 SF
$40,400,000
$77.00 PSF
2.
7240 Cross Park Drive, N. Charleston
106,300 SF
$6,000,000
$56.00 PSF
3.
3270 Benchmark Drive, Ladson
30,000 SF
$2,900,000
$95.00 PSF
4.
1906 Meeting Street Rd, N. Charleston
9,600 SF
$1,600,000
$163.00 PSF
5.
1507 W 5th North St, Summerville
14,280 SF
$1,500,000
$105.00 PSF
Total Buildings
Total SF
Direct Vacant SF
%
Vacancy
YTD Net Absorption (SF)
YTD Deliveries (SF)
# SF Under Construction
Quoted Rates
379
9,375,939
614,315
6.55%
20,949
276,412
378,000
$5.76
41
838,129
14,776
1.76%
(22,176)
(9,000)
0
$8.97
E Charleston County
7
63,659
0
0.00%
0
0
0
$8.54
East Islands/ Mt. Pleasant
127
1,381,628
11,952
0.87%
12,387
8,100
0
$11.91
Greater Charleston
477
8,479,487
161,266
1.90%
185,772
(37,058)
10,783
$8.83
81
734,717
104,225
14.19%
(51,200)
0
0
$8.24
North Charleston
1,242
33,057,798
2,372,542
7.18%
104,812
219,890
1,622,936
$7.31
Outlying Berkeley County
474
28,196,993
2,396,088
8.50%
527,090
876,194
1,439,060
$6.42
W Charleston
33
305,571
0
0.00%
0
0
0
$5.44
West Island
56
642,277
480
0.07%
0
0
0
$9.56
2,917
83,076,198
5,675,644
6.83%
777,634
1,334,538
3,450,779
$7.09
Submarket Dorchester County Downtown Charleston
James Island/ Folly Beach
Totals
SCPA FUNDED INVESTMENTS Hugh Leatherman Terminal Phase 1
$823.8 Million
HLT Port Access Road (SCPA Portion)
$136.0 Million
Wando Welch Terminal Improvements
$350.7 Million
Inland Port Greer (Initial & Future)
$73.7 Million
Inland Port Dillon
$41.8 Million
All Other Terminal Investments
$178.4 Million
SC Ports Authority CAPEX Total:
$1,604.4 Million
CAPITAL INVESTMENTS NOT FUNDED BY SCPA Harbor Deepening (State Contribution to Date)
$350.0 Million
Harbor Deepening (Federal Contribution to Date)
$108.0 Million
HLT Port Access Road (State Contribution)
$220.0 Million
Wando Wharf Strengthening (TIGER Grant)
$10.8 Million
Inland Port Greer (Norfolk Southern)
$41.8 Million
Inland Port Greer BUILD Grant
$15.0 Million
Inland Port Dillon (CSX)
$09.5 Million
New Intermodal Rail Facility (Palmetto Railways)
$250.0 Million
Other CAPEX Total:
$970.8 Million
Grand Total SC Port-Related Investment
$2,575.2 Million
greenest
(602) 625-3104
ACurci@Lee-Associates.com