Faber Centre Offering Memorandum_FINAL_singles
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Submarket<br />
Total<br />
Buildings<br />
Total SF<br />
Direct<br />
Vacant SF<br />
% Vacancy<br />
YTD Net<br />
Absorption (SF)<br />
YTD<br />
Deliveries<br />
(SF)<br />
# SF Under<br />
Construction<br />
Quoted<br />
Rates<br />
Dorchester County 1 14,944 14,944 37.4% 0<br />
0 0 $26.50<br />
Downtown Charleston 24 91,492 91,492 5.3% 14,721<br />
E Charleston County 0 0 0<br />
East Islands/Mt. Pleasant 18 72,770 72,770<br />
CLASS A OFFICE BUILDINGS<br />
Greater Charleston 16 73,269 73,269 5.7% 141,322<br />
0.0% 0<br />
0<br />
0 $0.00<br />
James Island/Folly Beach 1 0<br />
0 0.0% 0 0<br />
0 $0.00<br />
North Charleston 23 209,578 216,691 11.3% (28,703) 106,000 0 $27.04<br />
0<br />
0<br />
$37.43<br />
8.7% (3,525) 10,200 190,000 $34.10<br />
172,000 32,000 $24.62<br />
Outlying Berkeley County 4 76,408 76,408 24.4% 67,515 100,000 27,382 $28.50<br />
W Charleston County 0<br />
0<br />
0 0.0% 0<br />
0 0 $0.00<br />
West Islands 0<br />
0<br />
0 0.0% 0 0 0 $0.00<br />
Totals 87 538,461 545,374 8.9% 191,330 388,200 249,832 $30.09<br />
Source: CoStar<br />
4.<br />
7. 8.<br />
5.<br />
3.<br />
Rank Address Size Price Price/SF<br />
1. 4401 Belle Oaks Drive 80,000 $16,900,000 $211.25<br />
2. 735 Johnnie Dodds Blvd. 30,000 $7,800,000 $260.00<br />
9.<br />
1. 6.<br />
2.<br />
10.<br />
3.<br />
4.<br />
5.<br />
6.<br />
7.<br />
1800 Reynolds Avenue 25,676 $4,800,000 $186.95<br />
4925 Lacross Road 32,577 $3,650,000 $112.04<br />
57 Hassell Street 6,740 $2,900,000 $430.27<br />
4425 Belle Oaks Drive 6,498 $2,695,950 $414.89<br />
3815 W. Montague Avenue 10,000 $1,909,593 $190.96<br />
8.<br />
3801 W. Montague Avenue 10,000 $1,590,407 $159.04<br />
9.<br />
3531 Mary Ader Avenue 4,250 $1,300,000 $305.88<br />
10.<br />
29 J. C. Long Blvd. 3,000 $950,000 $316.67<br />
Source: CoStar<br />
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