MovementMortgage_OM_Sept 5

TOTAL BLDG INVENTORY DIRECT

TOTAL VACANT SF

OVERALL VACANCY %

YTD NET ABSORPTION

YTD DELIVERIES

UNDER CONSTRUCTION

AVERAGE ASKING RENT

SUBMARKET

VACANT SF

Airport

348

13,731,889

1,404,608 1,465,863

10.7%

217,764

9,000

202,469

$23.95

CBD / Uptown

122

22,791,469

1,552,900

1,619,018

7.1%

1,284,473

876,776

1,260,915

$33.12

Cotswold

37

490,816

2,353

2,353

0.5%

900

0

0

$22.92

East Charlotte

327

3,285,257

210,021

210,751

6.4%

31,523

33,520

5,080

$16.14

Gaston County

722

4,241,915

177,197

182,981

4.3%

54,317

0

0

$14.06

Iredell County

472

5,799,115

352,640

353,240

6.1%

99,279

30,000

169,636

$21.36

Matthews

241

2,812,642

264,661

276,368

9.8%

9,343

0

0

$18.79

Midtown

662

10,561,021

705,045

733,426

6.9%

525,610

919,935

1,079,022

$32.80

Northeast/I-77

396

5,578,799

387,286

434,761

7.8%

20,580

5,080

0

$21.87

North Lancaster

27

1,393,238

4,069

37,538

2.7%

11,271

0

93,000

$21.00

Northwest Charlotte

197

1,558,616

23,460

23,460

1.5%

183,597

182,170

25,920

$26.29

Park Road

85

1,234,628

76,228

76,228

6.2%

4,662

0

0

$23.29

Plaza Midwood/NoDa

288

2,584,292

486,148

486,316

18.8%

(178,001)

245,351

637,322

$33.32

South Charlotte

173

2,692,532

89,524

91,325

3.4%

60,508

0

0

$25.26

South/485

182

7,182,671

792,204

827,622

11.5%

11,804

381,901

334,000

$32.81

SouthPark

100

5,650,260

389,955

506,739

9.0%

76,649

0

0

$31.92

Union County

410

2,559,663

105,498

105,498

4.1%

12,766

0

0

$18.66

University

156

8,650,047

716,983

823,320

9.5%

53,661

0

11,000

$24.21

York County

592

7,183,294

324,583

333,845

4.6%

76,291

35,520

365,247

$21.97

SUBURBAN MARKET TOTALS

5,415 87,190,695

6,512,463

6,971,634

8.0%

1,272,524

1,842,477

2,922,696

$25.89

CBD / UPTOWN MARKET TOTAL

122

22,791,469

1,552,900

1,619,018

7.1%

1,284,473

876,776

1,260,915

$33.12

CHARLOTTE METRO TOTAL

5,537 109,982,164 8,065,363 8,590,652 7.8%

2,556,997

2,710,253

4,183,611

$27.47

Office asking rents converted to Full Service

MOVEMENT MORTGAGE HEADQUARTERS / CHARLOTTE MSA

45