The Great Pee Dee Town Center

THE GREAT PEE DEE SC TOWN CENTER

LIVE WORK PLAY AT THE TRI-COUNTY CROSSROADS

o f f e r i n g m e m o r a n d u m NON-ENDORSEMENT & DISCLAIMER NOTICE

CONFIDENTIALITY AND DISCLAIMER

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

NON-ENDORSEMENT NOTICE

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

WWW.MARCUSMILLICHAP.COM | OFFICES THROUGHOUT THE U.S. AND CANADA TABLE OF CONTENTS 01 05 04 03 02 BL Biography Agent Biographies The M&M Advantage THE M&MADVANTAGE Sales Comparables Sales Comparables Map SALES COMPARABLES Higher Institutions/Workforce Facilities South Carolina Multifamily Market South Carolina Retail Market Cold Storage Facilities Industrial Statistics Location Overview MARKET OVERVIEW lobal Trade Map Transportation Infrastructure uture Plans egional Firms/Expansion Port-Related Statistics Local Business Local Economic Incentives | Tax Breaks Existing Infrastructure & Utilities Job Creation PROPERTY OVERVIEW Summary of Terms Investment Overview Offering Highlights EXECUTIVE SUMMARY G F R IN 2017, MORE THAN $750 MILLION in investments from businesses in the pee dee region

6 MARION, MARION COUNTY, SOUTH CAROLINA SOUTH COUNTY, MARION MARION, D.R.S. 1"=600'

18C6665

09/16/2018

Land Surveying Land

NORTH OF STATE ROUTES 501 AND 76 76 AND 501 ROUTES STATE OF NORTH R.C.N./E.S.S.

Environmental

OFFERING SUMMARY TER EN C STEM SY L A D O M ULTI M C STI I G LO C TI N TLA A ETTO LM PA

Engineering Architecture (610) 337-3630

(610) 337-3642 Fax

Desc. Date No. King of Prussia, PA 19406

1100 First Avenue, Suite 104 MP-03 REVISIONS No. 03 of CP-18C6665-02

Title MIXED USE MASTER PLAN Sheet No. CAD File: Surveyed Drawn Reviewed Scale Project No. Date Field Book Xref (s): ; XZ-18C6665-01 ; 15-0153-011_pbase ; XZ-18C6665-01 ; (s): Xref MARION

COUNTY LINE PROPERTY LINE PROPOSED BUILDING PROPOSED ROAD PROPOSED STORMWATER EXISTING WETLANDS BOUNDARY EXISTING FLOOD HAZARD AREA EXISTING EASEMENT EXISTING STREAM EXISTING ROAD EXISTING RAILROAD EXISTING OVERHEAD ELECTRIC EXISTING GAS

US-301 US-76 LEGEND SITE

LOCATION I-95

GREAT PEE DEE FLORENCE TOWN CENTER INDUSTRIAL SC •• • • • •• • • • • •••••••••••••

MARION COUNTY, SOUTH CAROLINA 29565 •• • •• • • •• • • • • ••••••••••••••• PUBLIC OPEN SPACE

Price Market Rate 49.0 40.6 97.9 50.9 17.5 249.1 427.2 481.4 389.5 143.8 620.1* 2837.5 270.5** ACREAGE

Lot Size – Acres 2,600 Acres •• • • • •• • • • • •••••••••••••

••••• • • • • •• ••• • • •••••••••••••

RESIDENTIAL COMMERCIAL/RETAIL/ENTERTAINMENT TOTAL NUMBER 027-00-00-001 TAX PARCEL 039-00-00-011 039-00-00-001 039-00-00-051 016-00-00-018 027-00-00-008 028-00-00-027 028-00-00-019 027-00-00-006 027-00-00-002 027-00-00-005 039-00-00-048 PROPERTY BREAKDOWN *EXTENDS PASSED RAILROAD AND ONTO OTHER SIDE NOT **INCLUDING MARION CERAMICS ON OTHER SIDE OF RAILROAD Latitude 34°13´47.17˝ N ORIGINALLY SHOWN IN TAX MAP PROVIDED SINGLE SINGLE SINGLE SINGLE SINGLE SINGLE SINGLE DOUBLE DOUBLE DOUBLE DOUBLE LOADING 1 M 1 M 432K 531K 360K 744K 540K 360K 540K 1.24 M 1.24 M •• • • • •• • • • • ••••••••••••• •• • •• • • •• • • • • ••••••••••••••• •• • • • •• • •COMMERCIAL/RETAIL/ENTERTAINMENT • • ••••••••••••• •• • • • •• • • • • ••••••••••••• PUBLIC OPEN SPACE RESIDENTIAL INDUSTRIAL 7.988 M

Longitude 79°31´36.72˝ W FOOTPRINT (SF) I1 I9 I8 I4 I2 I7 I5 I3 I6 I11 I10 TOTAL BUILDING # BUILDING SCHEDULE MIXED USE AREA Zoning General Development District ADJACENT WATERWAYS. AND PEE DEE ELECTRIC COOPERATIVE. ACCURATE OR TO SCALE. WETLANDS AND FLOOD PLAIN LIMIT AREAS. SOME WETLANDS/FLOODPLAIN ZONING - GD - GENERAL DEVELOPMENT 2009. THE SITE SOILS INDICATES GENERAL SUITABILITY FOR STRUCTURAL FILL. TRANSMISSION LINES THAT TRAVERSE THE SITE. TRANSMISSION (CGT) TRAVERSES THE SITE IN NORTH-SOUTH DIRECTION. THE SITE IS DEVELOPED, SEWER SERVICE FOR WILL LIKELY BE PROVIDED ONLINE MAPPING TOOL. SITE. STORMWATER MANAGEMENT SYSTEMS. A REGIONAL SYSTEM BASED ON CONDOMINIUM DEVELOPMENT MAY GENERATE A DIFFERENT POTENTIAL YIELD. POTENTIAL SCENARIO FOR DEVELOPMENT. DISTURBANCE IS PROPOSED BUT MINIMIZED. POTENTIAL YIELD. NATURAL GAS. RURAL WATER COMPANY, A PRIVATE COMPANY. DEPICTED HEREON WERE DRAWN FROM AERIAL IMAGERY AND MAY NOT BE PROPERTY AREA - APPROXIMATELY 2,600 ACRES, SEE TAX MAP INFO ON PLAN FOR PARCEL DATA. • • • • ••• • •• • •• • • • • • •• • • • •• • • • • • • •••• • • • • • • • •• • •• • • • • •• • ••• • • • • •• • • • • • • ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• FROM THE TOWN OF SELLERS OR CITY MARION. 4. ADDITIONAL SITE, UTILITY, AND EXISTING CONDITION INFORMATION EXTRACTED 2. SITE ADDRESS: NORTH OF STATE ROUTES 501 AND 76 5. WETLANDS ARE APPROXIMATED FROM THE NATIONAL INVENTORY 6. 100 YEAR FLOOD LIMITS ARE EXTRACTED FROM THE FEMA ONLINE MAPPING TOOL. 7. THE NATURAL RESOURCE PRESERVATION AREA REFLECTS PROTECTION OF 8. SIGNIFICANT WETLANDS/FLOODPLAIN DISTURBANCE MAY GENERATE A DIFFERENT 9. NO GEOTECHNICAL INVESTIGATION HAS BEEN PERFORMED BUT A BASIC REVIEW OF 3. A DETAILED FIELD SURVEY HAS NOT BEEN PERFORMED AND EXISTING CONDITIONS GENERAL NOTES 1. THIS PLAN IS FOR CONCEPTUAL SPACE PLANNING ONLY AND REPRESENTS ONE 10. THIS PLAN ASSUMES NO ENVIRONMENTAL CONTAMINATION OR HAZARDS ON 11. THIS PLAN ASSUMES CONTROLLED STORMWATER MANAGEMENT RELEASES TO 12. THIS PLAN ACCOUNTS FOR A POTENTIAL FEE SIMPLE LOTS WITH RESPECTIVE 13. BOTH SANTEE-COOPER AND PROGRESS ENERGY HAVE HIGH VOLTAGE OVERHEAD 14. ELECTRICAL SERVICE TO THIS AREA IS PROVIDED BY BOTH PROGRESS ENERGY 15. AN 8-INCH UNDERGROUND NATURAL GAS LINE OWNED BY CAROLINA 16. SOUTH CAROLINA ELECTRIC AND GAS (SCE&G) SERVES THE ENTIRE AREA WITH 17. WATER SERVICE TO THE GENERAL AREA IS CURRENTLY PROVIDED BY MARCO 18. SEWER SERVICE IN THE AREA CONSISTS PRIMARILY OF SEPTIC SYSTEMS. WHEN 2018 BL COMPANIES, INC. THESE DRAWINGS SHALL NOT BE UTILIZED BY ANY PERSON, FIRM OR CORPORATION WITHOUT THE SPECIFIC WRITTEN PERMISSION OF COMPANIES.

Layout: MP-03 Layout: Sep 17, 2018 8:03am aloraw G:\JOBS18\18C\18C6665\DWG\CP-18C6665-02.dwg aloraw 8:03am 2018 17, Sep 34°13´47.17˝ N LATITUDE 79°31´36.72˝ W LONGITUDE GREAT PEE DEE TOWN CENTER 7

LIVE WORK PLAY AT THE TRI-COUNTY CROSSROADS GREAT PEE DEE TOWN CENTER 8

INVESTMENT OVERVIEW

Marcus & Millichap has been selected to exclusively market for sale the Pee south of the recently opened Inland Port Dillon, which provides direct rail Dee Towne Center, a billion-dollar, shovel-ready development opportunity access to the Port of Charleston. in Marion County, South Carolina. This site will feature a combination of industrial, multifamily and commercial buildings, Marion County is located in the Pee Dee region including a shopping center, in an effort to create of South Carolina. The state has become an a live, work, play community for local residents. international trade and logistics hub that is There is also potential to build several unique powered by one of the busiest and fastest growing facilities for distribution, manufacturing and cold seaports in the nation, the Port of Charleston. The storage on site. All major utilities are already being port continues to expand its capacity through a provided by existing service providers, allowing series of ongoing improvements, including the for a seamless installation of operations for future deepening of Charleston Harbor to make it the tenants. South Carolina also offers multiple tax Major investments deepest shipping channel on the East Coast. credits and economic incentives to corporations. include a $470-million Multiple corporations have moved into the state In addition to offering a low corporate income to take advantage of the state’s port activity. In the tax, the state provides a myriad of credits that upgrade to a WestRock Pee Dee region alone businesses have announced can eliminate a company’s corporate income tax facility, a $79-million a series of expansions and investments that will liability for up to 10, or, in some cases, 15 years. total more than $750 million and guarantee the Other economic incentives include lower sales Ruiz Foods expansion, creation of more than 1,600 jobs by 2022. Major and use tax and property tax exemptions. and a $40-million GE investments include a $470-million upgrade to a WestRock facility, a $79-million Ruiz Foods The Pee Dee Towne Center is strategically Healthcare expansion. expansion, and a $40-million GE Healthcare located to take advantage of South Carolina’s expansion. In addition, both Marion County and interconnected supply chain network, which nearby Florence County are home to multiple offers access to 95 million people within a day’s drive. The site boasts 3 higher education and workforce training institutions that cater to the labor miles of frontage along the “A-Line of the CSX” which is willing to be the force needs of future tenants of the site. Class I carrier to any industry locating on the site that desires rail service. The Pee Dee Towne Center is an unparalleled billion-dollar investment Highway accessibility is provided by Interstate 95, which spans several opportunity with massive development potential in one of the most desired states along the U.S. East Coast. Additionally, the site is only 15 minutes locations for logistics-related industries in the nation. GREAT PEE DEE TOWN CENTER 9

INVESTMENT HIGHLIGHTS

Strategically Tax credits & Frontage along All major utilities located near the incentives: Low CSX “A-Line” and are provided by recently opened corporate income close proximity to existing service Inland Port Dillon, tax & exemptions I-95 providers with direct access for sales & use and to the Port of property taxes Charleston GREAT PEE DEE TOWN CENTER 10 SUMMARY OF TERMS SC

GREAT PEE DEE TOWN CENTER

INTEREST OFFERED Fee simple interest in SC Industrial Mega Site, a billion-dollar innovation opportunity in Marion County, South Carolina.

TERMS OF THE SALE SC Industrial Mega Site is offered at market rate bid.

PROPERTY TOURS Proposective purchasers are encouraged to visit the subject property prior to submitting offers. However, all property tours must be arranged with the listing broker. Contact Donovan Mackey | 215.531.7035 | [email protected] MARION COUNTY OFFERS OPPORTUNITIES FOR HIGHER EDUCATION & WORKFORCE TRAINING

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap GREAT PEE DEE SC TOWN CENTER PROJECT 02OVERVIEW GREAT PEE DEE TOWN CENTER PEE DEE TOWN CENTER WILL BE A 14 TENNESSEE STRONG EMPLOYMENTASHVILLE DRIVER FOR THE REGION RALEIGH GREENVILLE NORTH

CHARLOTTE CAROLINA CHATTANOOGA FAYETTEVILLE

GREENVILLE JACKSONVILLE

WILMINGTON COLUMBIA FLORENCE MYRTLE BEACH ATLANTA ATHENS JOBS IN MANUFACTURING AND TRANSPORTATION & WAREHOUSING OCCUPATIONS 1 CHARLESTON ∙∙ Total Jobs: 42,740 SOUTH ∙∙ Drive Time: 2.30 Hours ALABAMA AUGUSTA CAROLINA 2 MYRTLE BEACH ∙∙ Total Jobs: 12,380 ∙∙ Drive Time: 1.20 Hours 3 COLUMBIA MACON ∙∙ Total Jobs: 49,360 ∙∙ Drive Time: 1.50 Hours CHARLESTON 4 CHARLOTTE GEORGIA ∙∙ Total Jobs: 178,420 ∙∙ Drive Time: 2.75 Hours 5 GREENVILLE COLUMBUS ∙∙ Total Jobs: 85,910 ∙∙ Drive Time: 3.00 Hours MONTGOMERY 6 ATLANTA ∙∙ Total Jobs: 351,710 HEAVY INDUSTRIAL EMPLOYMENT AREA: MORE THAN ∙∙ Drive Time: 4.50 Hours 730,000 JOBS WITHIN 4 1/2 HOURS OF PEE DEESAVANNAH 7 WILMINGTON ∙∙ Total Jobs: 11,830 ∙∙ Drive Time: 2.00 Hours PRIMARY TARGETED INDUSTRIES specialty manufacturing, food & kindred products, wholesale trade of durable & non-durable goods, value-add logistics

RAIL ELECTRIC GAS WATER WASTEWATER COMMUNICATIONS

Provider: CSX Providers: Pee Dee Electric Provider: The South Provider: MarCo Rural Provider: Grand Strand Provider: AT&T Description: CSX owns Cooperative, Progress Energy Carolina Electric and Gas Water Company Water and Sewer Authority Description: AT&T facilities and maintains the industrial Description for Pee Dee Company (SCE&G) Description: The nearest (GSWSA) are located adjacent to the rail lead adjacent to the SC Electric Cooperative: Description: SCE&G MarCo Rural Water Description: GSWSA eastern boundary of the site Industrial Mega Site. Should The Pee Dee Electric is the natural gas Company, Inc. water line currently has an eight-inch along Highway 301, with an industry locating within Cooperative, Inc. electric transmission and serving the site is an eight- sewer forcemain located in a feeder cross-box at the the site desire rail service, system currently has a distribution service and six-inch line located on Sellers, South Carolina (4.0 intersection of Highway 301 CSX is willing to be the 3-phase twenty-five kilo-volt provider for the site. The site. miles away), and a sixteen- and Highway 76. Class I carrier to provide distribution line through the nearest distribution line inch gravity main located in such service. site along U.S. Highway 301. is a four-inch steel line Marion, South Carolina (7.5 Description for Progress operating at 188 PSI miles away). Energy: The Progress Energy approximately 3,500 feet electric system currently has from the site. a 3-phase twenty-three kilo- volt distribution line along the southern portion of the site. EXISTING UTILITIES

Overhead Electric Natural Gas Distribution Line Natural Gas Transmission Line Water Main Fiber Optic Cable GREAT PEE DEE TOWN CENTER 18 SOUTH CAROLINA HAS SIGNIFICANT TAX CREDITS & INCENTIVES TO ATTRACT BUSINESS

CORPORATE TAX CREDITS • Low corporate income tax rate and a favorable formula for determining the income subject to that rate • Myriad of credits that could eliminate a company’s corporate income tax liability for 10-15 years

∙∙ Jobs Tax Credits ∙∙ Port Volume Increase Tax Credit ∙∙ Corporate Headquarters Tax Credit ∙∙ Corporate Income Tax Moratorium ∙∙ Investment Tax Credit ∙∙ Environment-Related Tax Credits 1 ∙∙ Research & Development Tax Credit SALES AND USE TAX INCENTIVES • Exemptions related to out-of-state sales • Tax credits related to out-of-state purchases • State and local sales tax exemptions for materials & equipment – contingent upon investment and job creation benchmarks

2 PROPERTY TAX INCENTIVES • All inventories (raw materials, work-in-progress, and finished goods), intangible property, and air pollution control equipment are exempt from local property taxation • Manufacturers, distribution facilities, and corporate headquarters are entitled to a five-year property tax abatement from county operating taxes based on investment and job creation benchmarks • South Carolina law allows a county to negotiate with a company for a Fee-in-Lieu-of Property Taxes (FILOT) agreement that would lower assessment ratios and stabilize millage rates for 30 years. Total 3 capital investment by a company must be $2.5 million or greater. GREAT PEE DEE TOWN CENTER 19 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap $1.2 BILLION IN CAPITAL INVESTMENTS announced by logistics firms statewide (2011-2017)

Auburm 01 Floyd HIGHER EDUCATION & WORKFORCE TRAINING INSTITUTIONSMarietta

1 Coker College Lake View Latta 2 Florence-Darlington Technical College 3 Southeastern Institute of Manufacturing & Technology 4 Francis Marion University Darlington 5 Marion County Academy for Careers & Technology Fork 03 Sellers 02

Quinby Nichols

Peedee Mullins 04 FLORENCE MARION 05

Timmonsville

Ketchuptown

Cartersville Danwood SOUTH CAROLINA

LOCAL ACCESS TO HIGHER EDUCATIONEf ngham & WORKFORCE Galivants Ferry The Pee Dee region is home to a collection of higher education and training provides job training opportunities. Other notable institutions in the region facilities that offer excellent opportunities for preparation in logistics-related include Francis Marion University,Centenary Horry-Georgetown Technical College, Coastal industries. Marion County has its own technical education center for high Carolina University, and Coker College. Furthermore, the Southeastern Institute school students and a workforce development center. In addition, the Marion of Manufacturing and Technology (SiMT) in nearby FlorenceAynor County supports County Academy for Careers & Technology (ACT) provides education and Pamplico existing and future industries through enhancing the area’s workforce with training for new, existing and prospective businessesCoward and employees. ACT services such as on-site and customized training as well as manufacturing startup also has a relationship with Florence-Darlington Technical College, which also assistance and consulting services. Cool Spring

Dog Bluff Shiloh Olanta GREAT PEE DEE TOWN CENTER 23 PEE DEE REGION IS EXPERIENCING STRONG BUSINESSS EXPANSION INVESTMENT

Dillon RECENT BUSINESS EXPANSION AND INVESTMENT In 2017, multiple local businesses in the Pee Dee region announced a series of expansions and investmentsAuburm that totaled more than $750 million and a guarantee of creating more than 1,600 jobs by Floyd 07 2022. The largest investment was the $470-million upgrade to WestRock, which will preserve about Marietta 400 jobs at the Florence paper mill. Other large projects announced include a $79-million Ruiz Foods expansion, a $40-million GE Healthcare expansion, and a $35-million McCall Farms expansion. Harbor Lake View Freight Tools announced a 1 million-square-foot expansion to its East Coast distribution center in Latta Dillon County, which is expected to bring more than 500 new jobs to the area and raise the company’s total investment in South Carolina to more than $200 million. Harbor Freight Tools is also the launch customer for the recently opened Inland Port Dillon. Darlington Fork Sellers 688 DISTRIBUTIONUNIVERSITY CENTERS AVENUE EXPANDING & INVESTING IN THE REGION

03 05 1 Honda of South Carolina Manufacturing ∙∙ $45-million, 115,000-square-foot expansion ∙∙ Creation of about 250 new jobs Quinby Nichols 2 GE Healthcare ∙∙ $40-million expansion Peedee ∙∙ Creation of 100 Mullinsnew jobs 3 Fiber Industries 02 ∙∙ $30-million investment FLORENCE MARION ∙∙ Creation of 135 new jobs 06 4 McCall Farms ∙∙ $35-million expansion ∙∙ Creation of 150 new jobs 5 Ruiz Foods Timmonsville 01 ∙∙ $79-million expansion ∙∙ Creation of 700 new jobs 6 WestRock ∙∙ $470-million upgrade Ketchuptown 7 Harbor Freight Tools Cartersville Danwood SOUTH CAROLINA ∙∙ 1.0 million-square-foot expansion ∙∙ Creation of about 250 new jobs

Ef ngham04 More than $750 million in capitalGalivants investments across the Pee Dee region announced in 2017 Ferry Local job creation of more than 1,600 over the next 5 years Centenary

Aynor Pamplico

Coward Cool Spring

Dog Bluff Shiloh Olanta GREAT PEE DEE TOWN CENTER 24 DEVELOPMENTS ON THE HORIZON

MICHELIN MERCEDES-BENZ $270-million, 3.3-million-square-foot $500-million Sprinter plant expansion, distribution center in Spartanburg 1,300 new jobs County, 350 new jobs BMW VOLVO $600-million expansion, 1,000 new First North American manufacturing jobs plant to be built near Port of Charleston, a $1.1-billion investment, TECHTRONIC INDUSTRIES 1,900 new jobs $75-million expansion, 250 new jobs l ar g est b m w f a c t o ry in t h e w o r l d

113,865 $32.9 BILLION 208 MILLION $32.2 BILLION

JOBS IN LOGISTICS- T O T A L E C O N O M I C PEOPLE WITHIN A TWO- RECORD FOR TOTAL RELATED INDUSTRIES IMPACT OF LOGISTICS- D A Y D R I V E O F S O U T H EXPORT SALES IN 2017 RELATED INDUSTRIES CAROLINA GREAT PEE DEE TOWN CENTER 25

TRADE THROUGH THE PORT OF CHARLESTON TOTALED $3 million in cargo 25% of Port’s container Nearly $50-million handled every hour by the volume moves by rail project, 160 miles from $78.09 BILLION Port of Charleston Port of Charleston

Germany, China, Japan, United Kingdom, India, France, The Other improvements Netherlands, South Korea, Australia, Italy 13 of 15 top container include a new 280-acre Occupies 160 acres and lines carry cargo to and container terminal, two includes 10,000 feet of from the port new container cranes, track and an expansion of cold storage facilities by 50% Recently opened in spring 9th busiest container port 2018, close proximity to in the United States by I-95 TEUs in 2017 187,200 jobs are port- dependent Initial phase is expected to handle at least 45,000 Fastest growing major containers annually seaport in the United Major corporations States since 2011 by TEUs with port-dependent (58 percent increase) operations include: Amazon, BMW, Rite Aid, Honda, Dollar Tree, Bridgestone, Harbor 7th most trade handled Freight, Walmart, in United States by cargo Walgreens, Fruit of Port of Charleston Inland Port Dillon value in 2017 ($78.09 the Loom, Belk, Volvo, billion) Michelin

GROWTH IN TEUs BY U.S. MAJOR SEAPORTS 58.3% 2011-2017 47.9%

39.3%

31.6%

24.4% 22.0% 22.2% 17.6%

4.6% 3.3%

LOS LONG NEW YORK / SEATTLE / PORT SAVANNAH VIRGINIA HOUSTON OAKLAND CHARLESTON ANGELES BEACH NEW JERSEY TACOMA EVERGLADES GREAT PEE DEE TOWN CENTER 26 INTERCONNECTED SUPPLY CHAIN NETWORK

FRONTAGE ALONG CSX “A-LINE” & CLOSE PROXIMITY TO I-95

The strategic location of the SC Industrial Mega Site provides easy access to multiple transportation nodes in the region. CSX Corporation, one of the nation’s leading transportation suppliers, operates a mainline that directly runs north-south through the site, making the area an ideal location for rail-served industries. The rail line directly serves the Port of Charleston, where rail intermodal volume has grown by 180 percent since 2011; approximately 25 percent of the port’s container volume moves by rail.

The site’s location is further supported by its proximity to the recently opened Inland Port Dillon, the South Carolina Ports Authority’s (SCPA) second inland facility to handle intermodal rail cargo. Located about 15 minutes north of the site, Inland Port Dillon uses an existing CSX intermodal train service to handle container movements to and from the Port of Charleston. The port is expected to convert an estimated 45,000 container movements from truck to rail in the first year of operation. The Port of Charleston has continued to achieve record breaking container volume numbers, reaching 2.2 million twenty-foot equivalent container units (TEUs) in 2017, further legitimizing the state’s status as a major logistics hub.

Local highway accessibility provides connectivity to the state’s major interstates. U.S. Route 76, which runs along the southern border of the site, provides access to Interstates 95 and 20. U.S. Route 301, which runs along the eastern border of the site, offers an alternate route to I-95 and connectivity to U.S. Route 501. The proposed Interstate 73 would further enhance the region’s accessibility, as the highway would enter the state through Marlboro and Dillon Counties, run through Marion County, and eventually link with SC-22 to reach Myrtle Beach. The Florence Regional Airport is also located along U.S. Route 301, about 15 minutes from the site. The Myrtle Beach International Airport is about one hour from the site, along U.S. Route 501. GREAT PEE DEE TOWN CENTER 27 TRANSPORTATION DISTANCES

RALEIGH ASHVILLE ACCESS TO MULTIPLE NORTH TRANSPORTATION CHARLOTTE CAROLINA NODES INLAND PORT GREER FAYETTEVILLE GREENVILLE/ CHARLOTTE DOUGLAS HIGHWAYS SPARTANBURG INTERNATIONAL interstate min INTERNATIONAL GREENVILLE 95...... 20 interstate 20...... 30 min

PORTS INLAND PORT DILLON inland port dillon...... 20 min FLORENCE COLUMBIA WILMINGTON port of georgetown...... 20 min METROPOLITAN COLUMBIA port of wilmington...... 1.5 hr ATHENS MYRTLE BEACH port of charleston...... 2.0 hr MYRTLE port of savannah...... 2.5 hr BEACH INTERNATIONAL inland port greer...... 2.5 hr

GEORGETOWN AUGUSTA PORT OF GEORGETOWN AIR florence regional airport...... 20 min MACON marion county airport...... 20 min myrtle beach int’l airport...... 1.5 hr CHARLESTON GEORGIA columbiametropolitan airport...... 2.0 hr CHARLESTON PORT OF ATLANTIC INTERNATIONAL CHARLESTON charleston int’l airport...... 2.5 hr SAVANNAH/HILTON HEAD INTERNATIONAL OCEANcharlotte douglas int’l airport....2.5 hr

PORT OF JASPER RAIL (COMING IN 2020) SAVANNAH csx corporation...... on site ADVANCED MANUFACTURING south carolina’s fastest growing industry

Nicknamed the “Palmetto State,” South Carolina is located in the southeastern including China, Canada, Germany, and Mexico. The state’s top export United States, bordered on the north by North Carolina and to the south commodities in 2017 were vehicles, aircraft, machinery, rubber, and electrical by Georgia. According to the United States Census Bureau, the state had a machinery. For the past several years, South Carolina has been a leading exporter population of about 5 million in 2017, the 23rd most populous state in the of passenger automobiles, exporting 16 percent of all U.S. automobiles that nation. The state capitol is located in Columbia, while the state’s largest city is go overseas. BMW is one of the state’s largest exporters, exporting more than Charleston, with a population of about 134,400. The state is a global logistics 272,000 vehicles last year, the most of any U.S. facility. hub that is buoyed by an interconnected supply network highlighted by the Port of Charleston. South Carolina’s interconnected transportation system provides accessibility to multiple transportation nodes that include highways, rail lines, airports, and MASSIVE ECONOMIC IMPACT FROM seaports. There are more than 41,000 miles of state-maintained highways throughout South Carolina, including five primary interstates. South Carolina also LOGISTICS-RELATED INDUSTRIES offers more than 2,300 miles of rail lines, primarily provided by CSX Corporation and Norfolk-Southern. As home to more than 600 logistics companies, South Carolina has earned the reputation as a renowned location for businesses to distribute goods around The state is home to one of the busiest container seaports in the nation, the the world. According to the South Carolina Council on Competitiveness, the Port of Charleston, which ranked 9th in total twenty-foot equivalent units (TEUs) economic impact of the logistics industry is estimated at $32.9 billion and handled in 2017, and is the fastest growing major seaport in the United States employs more than 113,000 people. The state’s fastest growing industry, since 2011 by TEUs. The port has been the catalyst behind South Carolina’s advanced manufacturing, relies heavily on the state’s logistics firms and growth as a hub for international trade, handling an estimated $3 million in infrastructure. Multiple corporations within these industries have announced cargo every hour. Ongoing improvements to the port include the deepening of plans for expansions and future investments, highlighted by a $1.1-billion Charleston Harbor to make it the deepest shipping channel on the United States investment by Volvo, a $270-million expansion by Michelin, and a $600-million East Coast, a new 280-acre container terminal, two new container cranes, and expansion by BMW. an expansion of cold storage facilities by 50 percent. The state is also home to another seaport, the Port of Georgetown, as well as two inland ports: Inland Port The impact of logistics firms on the state’s economy is further exemplified by Greer and Inland Port Dillon. Cargo is also moved through the state’s airports, the continued success of the state’s exporters, which experienced an eighth most notably via the Columbia Metropolitan Airport, the Charleston International consecutive year of record export sales ($32.2 billion) in 2017. Products were Airport, and the Greenville-Spartanburg International Airport. sold in more than 190 countries around the world, with top export markets GREAT PEE DEE TOWN CENTER 31 LOCATION HIGHLIGHTS

south carolina is a marion county offers port of charleston was global hub for opportunities for 9TH BUSIEST INTERNATIONAL HIGHER EDUCATION & CONTAINER PORT TRADE WORKFORCE by teus in u . s . in 2017 TRAINING

multiple corporations in the regional supply chain networ k in 2017, more than region with manufacturing and logistics - related operations — SUPPORTED BY $750 MILLION in investments from businesses csx corporation , inland port HARBOR FREIGHT in the pee dee region dillon & i -95 TOOLS, GE HEALTHCARE, RUIZ FOODS GREAT PEE DEE TOWN CENTER 32

PEE DEE REGION & MARION COUNTY The SC Industrial Mega Site is located in the Pee Dee region of eastern South Marion County is just a 45-minute drive from Myrtle Beach and just a few Carolina, in the northwestern portion of Marion County near the county’s minutes from the highly traversed Interstate 95, which spans several states border with Florence County. The Pee Dee region comprises 12 South along the U.S. East Coast. The county offers an affordable lifestyle with Carolina counties, including the “Grand Strand,” which is one continuous Southern charm, highlighted by classic antebellum homes that represent 60-mile stretch of beach that includes the popular tourist destination Myrtle a rich tradition and history in the region. Healthcare services are largely Beach. There are about 350,000 people in the Pee Dee region. provided by the Carolinas Hospital System–Marion, a 124-bed acute care facility with a five-star ranking from the Centers for Medicare and Medicaid According to the United States Census Bureau, in 2017 Marion County had Services. Furthermore, the county is a certified WorkReady Community, with a population of 31,293, while the larger Florence County had a population three technical colleges within 30 minutes. of 138,566. The site is located about 9 miles west of the city of Marion and RALEIGH about 13 miles eastASHVILLE of the city of Florence. NORTH CAROLINA

CHARLOTTE GREENVILLE CHEROKEE FAYETTEVILLE

YORK PICKENS SPARTANBURG

OCONEE UPSTATE UNION CHESTER MARLBORO LANCASTER CHESTERFIELD The site is located about 9 miles west of ANDERSON LAURENS the city of Marion and about 13 miles east FAIRFIELD DILLON KERSHAW DARLINGTON NEWBERRY ABBEVILLE MARION of the city of Florence. GREENWOOD MIDLANDS LEE WILMINGTON FLORENCE SALUDA RICHLAND ATHENS MCCORMICK LEXINGTON SUMTER HORRY

EDGEFIELD PEE DEE

CALHOUN CLARENDON WILLIAMSBURG AIKEN 31,293 ORANGEBURG GEORGETOWN AUGUSTA 2017 Marion County Population BARNWELL BAMBERG DORCHESTER BERKLEY

MACON LOW COUNTRY HAMPTON COLLETON GEORGIA CHARLESTON 138,566 2017 Florence County Population JASPER BEAUFORT

SAVANNAH GREAT PEE DEE TOWN CENTER 33 INDUSTRIAL STATISTICS

GROWTH IN INDUSTRIAL INVENTORY BY MAJOR SOUTH CAROLINA MARKETS TOP INDUSTRIAL OWNERS IN NORTH & SOUTH CAROLINA 2013-2017

RANK CURRENT OWNER INVESTOR TYPE 9.3% 8.7% 1 STAG Industrial Pub. REIT 2 Beacon Partners Dev/Own TOTAL 2017 INVENTORY 3 Reger Holdings Dev/Own

CHARLESTON 4 Gramercy Pub. REIT 54.8 MILLION SQUARE FEET 5 AMB Pub. REIT

COLUMBIA 6 GIC SWF 52.4 MILLION SQUARE 9.3% FEET 7 CPP Investment Board Pen. Fund

GSA 8 GLP REOC 188.2 MILLION SQUARE FEET 9 Blackstone Eq. Fund CHARLESTON COLUMBIA GREENVILLE-SPARTANBURG-ANDERSON 10 Liberty Property Trust Pub. REIT 11 Exeter Dev/Own 12 Longfellow RE Prtnrs Dev/Own 13 WP Carey REIT Pub. REIT CHANGE IN INDUSTRIAL VACANCIES BY MAJOR SOUTH CAROLINA MARKETS 2013-2017 14 EastGroup Properties Pub. REIT 15 MDH Partners Dev/Own 16 Fireside Investments Dev/Own CHARLESTON

COLUMBIA 17 Schmier & Feurring Props Dev/Own GREENVILLE-SPARTANBURG-ANDERSON 18 Engel Burman Group Dev/Own 12.1% 19 Anthony & Co Dev/Own 20 84 Lumber Corp. 9.3% 9.5% 21 ADIA SWF 9.2% 22 Lexington Realty Pub. REIT 7.7%

5.8% 23 PSP Investments Pen. Fund 24 Independencia SA Inv. Mgr.

2013 2014 2015 2016 2017 25 STORE Capital (REIT) Pub. REIT GREAT PEE DEE TOWN CENTER 34

COLD STORAGE ANALYSIS

Demand for cold storage continues throughout the United States because of the growth in online grocery sales. The South Carolina Port Authority (SCPA) experienced an 86 percent increase in refrigerated cargo between 2011 and 2017 and recently spent $14 million to upgrade refrigerated cargo facilities at its docks. SCPA’s growth in loaded refrigerator cargo volumes is driven by the port’s proximity to export pork and poultry producers and access to a deepwater harbor that allows ocean carriers to load ships heavy with frozen exports.

Complementing SCPA’s investments are more than 660,000 square feet of cold storage and blast freezing capacity that have been built or committed by the private sector. Lineage Logistics opened a 180,000-square-foot cold storage facility in 2016, while New Orleans Cold Storage also recently completed an expansion. SCPA president and CEO, Jim Newsome, has stated, “Expansion of refrigerated cargo is a strong driver of SCPA’s overall volume, and our capital investment in refrigerated cargo infrastructure reflects a strategic commitment to our cold chain customers. We look forward to capably serving the continued growth of this business segment.”

MULTIPLE USES FOR END USERS, INCLUDING The South Carolina Port Authority (SCPA) experienced an 86 percent increase in refrigerated cargo between 2011 DISTRIBUTION, MANUFACTURING, LOGISTICS, and 2017 DATA CENTER, HQ AND COLD STORAGE GREAT PEE DEE TOWN CENTER 35 GREAT PEE DEE TOWN CENTER 36

SOUTH CAROLINA RETAIL REPORT

HISTORICALLY LOW VACANCY PROMPTS HEALTHY RETAIL 2018 OUTLOOK RENT GROWTH IN SOUTH CAROLINA MARKETS Y-O-Y Asking Y-O-Y State’s manufacturing industry driving economic expansion, benefits retail Vacancy Basis Point Metro Change sector. South Carolina’s three major metros are benefiting from companies Change Rent moving and expanding in the state, attracting new residents and investment. Last year, combined job gains for Charleston, Columbia and Greenville- Spartanburg were led by the manufacturing sector. This industry is growing, Charleston 3.2% -30 $22.13 6.3% and firms such as Boeing, Magna International and a number of manufacturing and parts providers are opening or increasing production throughout the state. Columbia 5.7% -70 $13.35 6.0% Job gains are benefiting retailers, as household incomes rise and spending increases. As a result, tenant demand has been strong over the past few years, Greenville- 4.7% -30 $9.28 6.1% and retail vacancy is near historic lows in each of the state’s three largest Spartanburg markets, prompting healthy rent gains.

Retail development subdued compared to historical levels, vacancy LOCAL RETAIL YIELD TRENDS below 10-year average in each major metro. Despite low retail vacancy in Charleston, Columbia and Greenville- Spartanburg, retail property development Retail Cap Rate 10-Year Treasury Rate continues to occur at a slower pace than before the recession. As a result, 12% expanding retailers have been driven into existing properties, encouraging above-average rent growth over the past year in Charleston and Columbia. 9% Greenville-Spartanburg has received the largest share of new inventory over the past five years, supporting steady rent increases in the market. 6%

Average Rate Average 3%

00 02 04 06 08 10 12 14 16 *18

*Cap rates trialing 12 months through 1Q18; 10-Year Treasury up to March 29, 2018 Sources: CoStar Group, Inc.; Real Capital Analytics GREAT PEE DEE TOWN CENTER 37

SOUTH CAROLINA MULTIFAMILY REPORT

ROBUST DEVELOPMENT MET WITH HEALTHY RETAIL 2018 OUTLOOK ABSORPTION, INVESTORS KEEN ON LUXURY UNITS Y-O-Y Effective Y-O-Y Positive economic growth and favorable demographic trends attract new Vacancy Basis Point Metro Rent Change households to South Carolina. A steady pace of new residents moving to Change South Carolina is producing healthy housing demand in the state’s three largest markets. New households are filtering into apartments, helping keep vacancy well below historical peaks that reached near, or above, 10 percent Charleston 6.5% 40 $1,112 2.4% after the Great Recession. Heightened apartment demand has encouraged developers to add thousands of new units to stock across the three largest Columbia 6.7% 20 $908 3.8% markets, primarily targeting Charleston and Greenville-Spartanburg over the past few years. Supply-side pressure has softened vacancy over the past two Greenville- 5.4% -90 $920 4.1% years, but a positive outlook remains as the construction pipeline begins to Spartanburg thin throughout much of the state.

Apartment completions remain elevated, but additions begin to wind LOCAL APARTMENT YIELD TRENDS down. Apartment deliveries throughout the state have occurred at a heightened pace since 2013. While completions are slowing in markets Apartment Cap Rate 10-Year Treasury Rate such as Columbia and Greenville, developers have continued to place more 12% units into the construction pipeline in Charleston. This year, approximately 4,100 apartments will come online in the metro, the highest level of stock additions since before 2000. Another 3,000 units are under construction 9% with delivery scheduled through 2020. 6%

Average Rate Average 3%

00 02 04 06 08 10 12 14 16 *18

*Cap rate traliing 12-month average through 2Q; Treasury rate as of June 28. Includes sales $1 million and greater for Charleston, Columbia and Greenville-Spartanburg. Sources: CoStar Group, Inc.; Real Capital Analytics This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap GREAT PEE DEE SC TOWN CENTER SALES 04COMPARABLES GREAT PEE DEE TOWN CENTER 40

GREENSBORO

BURHAM ROCKY MOUNT 03 PLYMOUTH

HICKORY ASHEBORO RALEIGH TENNESSEE ASHVILLE SALISBURY GREENVILLE

SWANQUARTER 01 GOLDSBORO HENDERSONVILLE

CHARLOTTE NEW BERN CHATTANOOGA MURPHY FAYETTEVILLE CEDAR ISLAND SPARTANBURG ROCKINGHAM ROCK HILL 04 GREENVILLE 02 JACKSONVILLE NORTH SPARTANBURG EMERALD ISLE ANDERSON CAROLINA

GREENWOOD FLORENCE WILMINGTON

ATHENS COLUMBIA SOUTHPORT ATLANTA

MYRTLE BEACH SOUTH ORANGEBURG

ALABAMA AUGUSTA CAROLINA GEORGETOWN

MACON GEORGIA CHARLESTON

COLUMBUS

MONTGOMERY

SAVANNAH GREAT PEE DEE TOWN CENTER 41 SALES COMPARABLES

SUBJECT PROPERTY 34°13´47.17˝ N, 79°31´36.72˝ W // MARION COUNTY, SOUTH CAROLINA

$35,000,000 SF 113,256,000 SF Price/AC Land $13,462 p r i c e Acres 2,600 AC Price/SF Land $0.31 Proposed Use Industrial Type Land

PHILLIP MORRIS SITE GITI TIRE PLANT SITE 01 2321 CONCORD PKY. S., CONCORD, NC 28027 02 I-77 & HIGHWAY 9, CHESTER, SC 29706

$68,500,000 04/09/2014 $23,000,000 12/09/2014 p r i c e s a l e s d a t e p r i c e s a l e s d a t e

SF 88,121,880 SF Price/AC Land $33,861 SF 50,181,129 SF Price/AC Land $19,965 Acres 2,030 AC Price/SF Land $0.78 Acres 1,152 AC Price/SF Land $0.46 Proposed Use Industrial Type 2 Star Industrial Proposed Use Industrial Type 2 Star Industrial

EDGECOMBE COUNTY LAND KEURIG GREEN MOUNTAIN SITE 03 HARTS CHAPEL RD., TARBORO, NC 27886 04 TYGER RIVER INDUSTRIAL PARK, NORTH MOORE, SC 29369

$11,140,000 04/13/2018 $8,449,327 05/17/2018 p r i c e s a l e s d a t e p r i c e s a l e s d a t e

SF 24,262,920 SF Price/AC Land $20,000 SF 9,190,289 SF Price/AC Land $40,048 Acres 557 AC Price/SF Land $0.46 Acres 210.98 AC Price/SF Land $0.92 Proposed Use Industrial Type 3 Star Industrial Proposed Use Industrial Type Land This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap GREAT PEE DEE SC TOWN CENTER THE M&M 05ADVANTAGE GREAT PEE DEE TOWN CENTER 44 MARCUS & MILLICHAP PREMIER INVESTMENT SERVICES

MORE THAN Marcus & Millichap is the premier commercial real estate investment services firm in the United States. Founded in 1971 on a unique model that matches each property with the largest pool of pre-qualified investors, we leverage four decades' worth of experience and relationships to handle all of your commercial real estate needs. Our team of more than 1,800 professionals in the U.S. and Canada focuses exclusively on real estate investment sales, financing, 1,800 research, and advisory services. INVESTMENT PROFESSIONALS

WE HAVE ACCESS TO THE INDUSTRY’S LARGEST POOL OF PRIVATE & Founded in 1971 Largest pool of Moves capital across our More than 1,800 on a unique pre-qualified investors network of investment investment professionals INSTITUTIONAL methodology in the industry professionals in the U.S. and Canada INVESTORS, RESULTING IN THE WITH AN EXCLUSIVE FOCUS ON MOST EFFICIENT real estate investment sales, financing, research, and advisory services PROCESS FOR MATCHING BUYERS AND SELLERS, LOCALLY, REGIONALLY, AND NATIONALLY. GREAT PEE DEE TOWN CENTER 45

MAXIMIZING RESULTS WITH 80 OFFICES THROUGHOUT THE U.S. & CANADA

With our collaborative culture, cutting-edge technology, and proven methodology, we efficiently match buyers and sellers both regionally and nationally to maximize your success.

MOVING CAPITAL, MAXIMIZING VALUE GREAT PEE DEE TOWN CENTER 46 WHY MARCUS & MILLICHAP?

01 YOUR LOCAL AGENT

Specializes in product type and geographic location

Creates buyer competition to maximize price and increase probability of a successful closing Has access to information sharing throughout the largest network of investment professionals in the U.S. and MARCUS & Canada as part of our collaborative culture

Proactively promotes your property to local, regional, and national Marcus & Millichap professionals MILLICHAP A LEADING 02 THE MARCUS & MILLICHAP PLATFORM COMMERICIAL

Largest database of qualified investors in the industry REAL ESTATE

Unparalleled access to potential buyers, including one of the largest databases of 1031 exchange buyers INVESTMENT

More than 1,800 investment professionals working collaboratively to achieve client results SERVICES FIRM IN THE U.S. 03 A HISTORY OF CLIENT RESULTS AND CANADA

Repeat clients Collaborative culture built on information sharing

Decades' worth of experience Industry-leading technology platform

Highly focused specialization GREAT PEE DEE TOWN CENTER 47

DONOVAN MACKEY Senior Associate With over 20 years of experience and more than 600 closed transactions, Donovan Mackey joined Marcus & Millichap’s National Office and Industrial Property Group (NOIPG) as a senior associate in 2016. He specializes in net-leased investments on a national level, specifically industrial real estate assets and land development, and works with economic development associations across the nation. Additionally, he’s a member of the Global Cold Chain Association (GCCA). Donovan has developed a global network of high net-worth investors through building personal connections and is viewed as a leader in the net leased and industrial world. Prior to joining Marcus & Millichap, his extensive resume includes working with top Institutions and Private Equity to Private Capital in order to achieve acquisition and disposition directives of top real estate properties. His sphere of influence includes: public funds, international High Net Worth funds, and international pension funds. Donovan Mackey is a graduate of Temple University with a degree in Real Estate. Philadelphia Office Direct: 215.531.7035 Cell: 610.500.9726 [email protected] License: PA AB065636

MARK TAYLOR Senior Managing Director Investments Mark Taylor has over 25 years of commercial real estate brokerage experience. He joined Marcus & Millichap’s National Retail Group in November 2001. Since joining the firm, he has successfully brokered the sale of $3.0 billion in investment properties across 38 states. Mark has established himself as a top agent within the firm, ranking in the National Retail Group’s Top 20 for the past four years. Mark has a large client base of high net worth families, merchant developers of single tenant net lease property and institutional investors. Mark obtained his Bachelor of Arts in Political Science from St. Lawrence University, his Master of Arts in Government from Villanova University, and his Law Degree from Temple Law School. Mark practiced law for several years before taking the position of Director of Broker Services for NAI Global, a global real estate services firm. Immediately prior to joining Marcus & Millichap, he was a principal of American Investment Property Exchange.

Wynnewood Office Direct: 215.531.7063 Cell: 610.283.6917 [email protected] License: PA RM423708 GREAT PEE DEE TOWN CENTER 48

BL BIOGRAPHY

BL COMPANIES

BL Companies is a leader in delivering high-quality integrated architecture, engineering, environmental, land surveying and consulting services in the public and private sectors for land development, building design and infrastructure projects. For more than 30 years, we have worked with integrity and delivered excellence through creativity, expertise and dedication.

Our employee-owners strive to cultivate long lasting relationships with our clients and partners by providing services and resources that achieve successful project delivery. BL Companies is proud to be employee-owned and client driven. GREAT PEE DEE TOWN CENTER 49

BL BIOGRAPHY

ARCHITECTURE

Thoughtful, well-crafted design enhances the character of hte places we live, learn, work, socialize, relax, shop, vacation, congregate, dine and play. Creativity and innovation are the hallmarks of architectural design at BL Comapnies. We begin with a clear understanding of our client’s strategies, timeframe, requirements, visions and budget. Our in-house, multi-discipline team enables us to coordinate and assimilate architectural and related building and site development elements.

BL Companies provides arhictectural services for retail, commercial, industrial, institutional, municipal and private clients in all phases of building design or renovation or adapting existing buildings, the Architecture Design Group actively engages our clients throughout the entire design process to create buildings that reflect their values and goals. We believe architecture can directly affect our clients’ bottom line whether in brand identification, increased communication, a better setting for educating future generations or a balanced approach to the community and surrounding areas. Our goal is to balance quality design with technical expertise to achieve our clients’ objectives. GREAT PEE DEE TOWN CENTER 50

BL BIOGRAPHY

CIVIL ENGINEERING

Integration is not merely a word. At BL Companies, it describes the way we do business. Our civil engineers work collaboratively with our engineering teams to coordinate and integrate architectural, structural, MEP and civil engineering elements and address a clients’ requirements, visions, schedule and budget. In this process, we ensure high quality, practical, seamless, cost effective project solutions.

BL Companies provides civil engineering services for an expansive range of building types and sizes and clients in all phases of site design or renovation. Whether interpreting land use regulations, meeting zoning requirements or value engineering a multi-site program, the Civil Engineering Group at BL companies understands the importance of thorough research and planning, technical skill and innovative thinking. Just as important, our expertise in local, state and federal permitting allows our clients to strategize the most effective ways to resolve issues. Our civil engineers are often involved in projects form the begninng of design to the completion of construction. This enables the team to gain valuable lessons learned and to incorporate these into our designs. BL Companies has more than 60 professionals providing civil engineering services to a broad clientele. GREAT PEE DEE TOWN CENTER 51

BL BIOGRAPHY

EXPERTISE We understand the fast-paced world and growing need of warehousing and logistics. Our knowledge and expertise includes: • Master Planning • Due Diligence • Survey • Geotechnical Engineering Coordination • Zoning and Ordnance Analysis • Environmental Phase 1 and Wetlands Investigation • Traffic Study • Sound Study • Site Layout and Preliminary Grading • Construction Phase Services Understanding the need for operational efficiency and effectiveness is the foundation of our approach to distribution and fulfillment center design. As e-commerce and storage needs increase, our team plans and works with our clients with an eye toward future flexibility and growth of these spaces.

PROJECT FOCUS BL is an experienced provider of multi-discipline consulting services for the site selection, design, and construction of warehouses, distribution centers, storage and logistics facilities throughout the United States. Our portfolio showcases our full range of experience from large multi-story storage and distribution facilities to smaller facilities that support local distribution networks and warehousing.

DAN SALAMEDA: 267.400.1254 | [email protected] MARK HEEB: 717.798.0782 | [email protected] This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap GREAT PEE DEE SC TOWN CENTER

WWW.MARCUSMILLICHAP.COM OFFICES THROUGHOUT THE U.S. AND CANADA

DONOVAN MACKEY MARK TAYLOR Senior Associate Senior Managing Director Investments PHILADELPHIA WYNNEWOOD Direct: 215.531.7035 Direct: 215.531.7063 Cell: 610.500.9726 Cell: 610.283.6917 [email protected] [email protected] License: PA AB065636 License: PA RM423708