MovementMortgage_OM_Sept 5

YORK COUNTY & LANCASTER COUNTY SUBMARKETS

• The recent headquarter relocations of CompuCom, Movement Mortgage, and Red Ventures in Lancaster County are expected to bring 4,800+ jobs to the market • York County’s vacancy rate is 4.6% and northern Lancaster’s vacancy rate is 2.7% as of Q2 2019 • The area has become the go-to destination for corporate relocations and build-to-suits as companies take advantage of South Carolina’s lucrative tax incentives and high quality of life. Sites for future construction are limited and are becoming more expensive as retail, hotel, and multi-family development accelerates and competes for land that has historically been used for office development • The success of the Class A office market in northern York and Lancaster County is attributable to lower business costs in South Carolina, demand for “small town” living, an award winning school system, and the quality of the residential development and associated retail amenities in the area. Direct access to I-77 and nearby I-485 are also critical factors in the success of the Class A York and Lancaster County office market.

MAP # BUILDING

# OF BUILDINGS SQUARE FEET VACANT SPACE % VACANT

SINGLE TENANT

Movmement Mortgage Wells Fargo Mortgage

Two Two One One Two Two Five One One One One One One One One

205,430 338,301 150,164 421,863 469,983 313,679 76,650 165,000 90,994 150,000 180,062 650,000 61,591

- - - - - - - - - - - - - - -

0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.63% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Yes Yes Yes Yes Yes Yes No Yes Yes Yes Yes No Yes No No Yes

1

2 3 4 5 6 7 8 9

Daimler Sunbelt

Lash

LPL Financial Kingsley Park

30,203

Novant

Citi Financial Continental CompuCom Edgewater Red Ventures

10

11

12 13 14 15

Three

Pinckney Rutledge

34,037 34,037 50,388

Sharon FCU

CUSHMAN & WAKEFIELD

46