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1 ABBEVILLE ABSORPTION Manufacturing 11 1,791, , , % - $3.75 Warehouse 7 346,350 60,000-60, % - - Abbeville Total 18 2,138, , , % - $3.75 AIKEN Flex/R&D 1 14, % - - Manufacturing 31 4,498, , , % 900 $3.24 Warehouse 61 3,215, , , % 3,387 $3.08 Aiken Total 93 7,728, , , % 4,287 $3.13 ALLENDALE Manufacturing 5 940, , , % - $1.00 Warehouse 1 40,000 40,000-40, % - - Allendale Total 6 980, , , % - $1.00 ANDERSON Flex/R&D 8 176,456 38,960-38, % 6,500 $11.23 Manufacturing 24 2,999, , , % - $3.95 Warehouse ,117, , , % 25,600 $2.84 Anderson Total ,293, , , % 32,100 $3.56 BAMBERG Manufacturing 3 435, % - - Warehouse 5 177, , , % - - Bamberg Total 8 612, , , % - - BARNWELL Manufacturing 7 1,864, % - - Warehouse , % - - Barnwell Total 17 2,297, % - - BEAUFORT Flex/R&D 4 64,416 2,785-2, % -2,785 $20.00 Manufacturing 3 145,096 83,960-83, % - - Warehouse 99 1,851, , , % 2,176 $5.28 Beaufort Total 106 2,060, , , % -609 $6.40 BERKELEY Flex/R&D 29 1,757,855 99,362 99, % 10,732 $11.20 Manufacturing 36 4,302, , , % 570,785 $1.50 Warehouse ,228,964 1,521, ,000 1,621, % -57,585 $4.35 Berkeley Total ,289,818 1,900, ,000 2,000, % 523,932 $4.05 CALHOUN Flex/R&D 1 10, % - - Manufacturing 6 406, , , % - $3.60 Warehouse 7 435, % - - Calhoun Total , , , % - $3.60 In January 2017, Colliers International benchmarked its industrial data set statewide. The new standard for collection is all industrial buildings 10,000 square feet or larger that can be readily adapted to an alternative industrial use. All properties were placed into a revised set of markets and submarkets and divided into three categories. Warehouse/Distribution, a facility primarily used for the storage or distribution or both of materials, goods and merchandise. Manufacturing, a facility used for the conversion, fabrication or assembly of raw or partly wrought materials into products or goods. Flex/R&D, a building designed to be used in a variety of ways with at least 30% of the rentable building area used as office. It is usually located in an industrial park setting. Specialized flex buildings can include service centers, showrooms, offices, warehouses and more. Due to the adjustments of the building inventory, comparison of data included in previously published market reports should be avoided. 1 South Carolina Industrial Colliers International

2 CHARLESTON ABSORPTION Flex/R&D 66 2,013, ,975 8, , % 2,016 $9.38 Manufacturing 60 3,178, ,518 28, , % 38,045 $4.65 Warehouse ,350,661 1,633, ,772 1,869, % 171,545 $5.82 Charleston Total ,542,191 2,172, ,748 2,446, % 211,606 $5.91 CHEROKEE Manufacturing 4 81,889 2,000-2, % 3,000 $3.00 Warehouse 69 8,607, , , % 408,342 $3.65 Cherokee Total 73 8,149, , , % 411,342 $3.65 CHESTER Flex/R&D 2 24,000 12,000-12, % - $9.00 Manufacturing 23 4,226, , , , % - - Warehouse 21 1,829, , , % -58,825 $4.25 Chester Total 46 6,079,836 1,504, ,210 1,740, % -58,825 $5.05 CHESTERFIELD Manufacturing 9 1,337, , , % - $1.11 Warehouse 20 1,599, , , % 52,284 $5.89 Chesterfield Total 29 2,936, , , % 52,284 $1.20 CLARENDON Manufacturing 9 722,117 22,560-22, % 99,100 $1.08 Warehouse , % - - Clarendon Total 19 1,148,649 22,560-22, % 99,100 $1.08 COLLETON Manufacturing 9 1,072,985 31,592-31, % - $3.50 Warehouse ,437 10,262-10, % 57,600 - Colleton Total 23 1,738,422 41,854-41, % 57,600 $3.50 DARLINGTON Manufacturing 4 227,621-57,120 57, % - - Warehouse 26 1,443, , , % 15,000 $2.80 Darlington Total 30 1,671, ,280 57, , % 15,000 $2.80 DILLON Manufacturing 4 1,084, % - - Warehouse 19 2,149, , , % - $3.00 Dillon Total 23 3,233, , , % - $3.00 DORCHESTER Flex/R&D 7 217,617 77,419-77, % 32,715 $5.25 Manufacturing 34 2,065,359 36,500-36, % - $5.95 Warehouse 93 3,909, , , % 32,909 $7.15 Dorchester Total 134 6,192, , , % 65,624 $ South Carolina Industrial Colliers International

3 EDGEFIELD ABSORPTION Flex/R&D 1 11, % - - Manufacturing 7 1,120, , , % - $1.91 Warehouse 16 1,196,117 36,000 36, % - $2.82 Edgefield Total 24 2,328, , , % - $1.95 FAIRFIELD Manufacturing 9 740, , , % 21,415 $2.00 Warehouse 9 988,176 51,225-51, % 50,750 $2.27 Fairfield Total 18 1,728, , , % 72,165 $2.06 FLORENCE Flex/R&D 3 35,791 4,550-4, % - $7.31 Manufacturing 38 4,620,778 1,447,148-1,447, % - $2.81 Warehouse 126 4,805, , , % 204,501 $2.73 Florence Total 167 9,462,113 1,745,384-1,745, % 204,501 $2.83 GEORGETOWN Flex/R&D 2 22, % - - Manufacturing 13 1,782, , , % - - Warehouse 38 1,808, , , % - $2.24 Georgetown Total 53 3,613, , , % - $2.24 GREENVILLE Flex/R&D 88 2,567, , , % 50,189 $8.64 Manufacturing 96 3,088, , , % -51,000 $4.10 Warehouse 1,140 62,742,007 3,302,322 27,800 3,330, % -247,877 $3.40 Greenville Total 1,324 68,398,634 3,934,982 27,800 3,962, % -248,688 $3.82 GREENWOOD Flex/R&D 2 34,528 3,000-3, % - $3.20 Manufacturing 20 2,942, % 116,000 - Warehouse 34 1,180,514 74,700-74, % 140,409 - Greenwood Total 56 4,157,065 77,700-77, % 256,409 $3.20 HAMPTON Manufacturing 2 63, % - - Warehouse 7 285, , , % -36,000 $3.36 Hampton Total 9 349, , , % -36,000 $3.36 HORRY Flex/R&D 2 20, % - - Manufacturing 27 2,182,697 86,000-86, % - $3.38 Warehouse 238 6,425, , , % -12,825 $5.55 Horry Total 267 8,629, , , % -12,825 $5.12 JASPER Flex/R&D 4 93,900 10,800-10, % 6,600 - Manufacturing 6 423, % - - Warehouse 50 1,410, % - - Jasper Total 60 1,927,928 10,800-10, % 6,600-3 South Carolina Industrial Colliers International

4 KERSHAW ABSORPTION Manufacturing 17 1,550,896 81,366-81, % - $2.80 Warehouse 40 4,396,899 25,326-25, % - - Kershaw Total 57 5,947, , , % - $2.80 LANCASTER Flex/R&D 1 51,000 51,000-51, % - $12.38 Manufacturing 19 2,186, , , , % - - Warehouse 47 1,815,235 30,000-30, % 69,900 - Lancaster Total 67 4,052, , , , % 69,900 $12.38 LAURENS Manufacturing ,146 55,400-55, % - - Warehouse 77 10,959, , , % 10,517 $2.50 Laurens Total 87 11,818, , , % 10,517 $2.50 LEE Manufacturing 6 708,115-40,000 40, % -40,000 - Warehouse 6 187, % - - Lee Total ,855-40,000 40, % -40,000 - LEXINGTON Flex/R&D ,905 95,803-95, % -15,000 $10.78 Manufacturing 72 4,962, , , % 11,689 $2.00 Warehouse ,279, , , % 31,768 $4.72 Lexington Total ,912, , , % 28,457 $5.09 MARION Flex/R&D 1 16, % - - Manufacturing 12 2,645, , , % - $0.78 Warehouse 34 2,245, , , % - $1.50 Marion Total 47 4,907,577 1,188,397-1,188, % - $0.93 MCCORMICK Warehouse 2 35, % - - McCormick Total 2 35, % - - NEWBERRY Flex/R&D 1 15, % - - Manufacturing 4 891, , , % - $3.75 Warehouse ,316 89,235-89, % - $3.50 Newberry Total 24 1,798, , , % - $3.70 OCONEE Manufacturing 7 173, % - - Warehouse 46 3,907, , , % - $2.44 Oconee Total 53 4,081, , , % - $2.44 ORANGEBURG Flex/R&D 3 81,223 29,150-29, % - - Manufacturing 38 4,607, , , % - $2.54 Warehouse 80 4,645, , , % -8,063 $3.69 Orangeburg Total 121 9,334,333 1,461,704-1,461, % -8,063 $ South Carolina Industrial Colliers International

5 PICKENS ABSORPTION Flex/R&D 1 39,500 22,616-22, % -22,616 $4.60 Manufacturing ,192 48,736-48, % - - Warehouse 74 4,606, ,000 15, , % 19,000 $2.75 Pickens Total 89 5,434, ,352 15, , % -3,616 $2.88 RICHLAND Flex/R&D 49 1,472, , , % -7,299 $8.45 Manufacturing 81 6,021, , , % -38,018 $3.62 Warehouse ,588,126 1,757,536 22,896 1,780, % 65,321 $3.55 Richland Total ,082,681 2,429,810 22,896 2,452, % 19,914 $4.10 SALUDA Manufacturing 2 150, % - - Warehouse 3 271,550 75,000-75, % - $1.95 Saluda Total 5 422,479 75,000-75, % - $1.95 SPARTANBURG Flex/R&D 52 1,649, , , % -32,850 $6.98 Manufacturing 127 4,920, , , % 47,000 $3.17 Warehouse ,921,861 4,498, ,064 4,867, % -136,458 $3.06 Spartanburg Total ,492,348 4,785, ,064 5,154, % -122,308 $3.15 SUMTER Flex/R&D 1 104, % - - Manufacturing 25 1,906, , , % 21,000 $2.96 Warehouse 49 3,269, , , % - $2.24 Sumter Total 75 5,280, , , % 21,000 $2.87 UNION Warehouse 28 3,910,010 20,000-20, % -20,000 - Union Total 28 3,910,010 20,000-20, % -20,000 - WILLIAMSBURG Manufacturing 3 1,123, % - - Warehouse , % - - Williamsburg Total 13 1,708, % - - YORK Flex/R&D ,052 16,278-16, % - $13.00 Manufacturing 63 4,912,297 67,200-67, % 48,900 - Warehouse ,855, ,558 32, , % 304,503 $6.32 York Total ,069, ,036 32, , % 353,403 $6.65 MARKET TOTALS 6, ,728,685 31,295,457 1,279,234 32,574, % 1,964,807 $ South Carolina Industrial Colliers International

6 400 offices in 69 countries on 6 continents $2.7 billion in annual revenue 2 billion square feet under management 15,400 professionals and staff FOR MORE INFORMATION: Liz McCary Vice President Marketing South Carolina Liz.McCary@colliers.com Crystal Baker Research Coordinator South Carolina crystal.baker@colliers.com COLUMBIA INDUSTRIAL PROFESSIONALS: Chuck Salley, SIOR Dave Mathews, SIOR Colliers International Columbia 1301 Gervais Street, Suite 600 Columbia, South Carolina USA Thomas Beard GREENVILLLE ANDERSON SPARTANBURG INDUSTRIAL PROFESSIONALS: Garrett Scott Brockton Hall, MRED John Montgomergy Richard Barrett Richard Jackson Brannan Hudson Colliers International Greenville 55 E. Camperdown Way, Suite 200 Greenville, South Carolina USA Colliers International Spartanburg 511 E. St. John Street Spartanburg, South Carolina USA About Colliers International Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 12,000 professionals. Colliers is the fastestgrowing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world s most respected institutional real estate investors. Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row. Colliers is led by an experienced leadership team with a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years. For the latest news from Colliers, visit Colliers.com or follow us on and LinkedIn. www2.colliers.com Copyright 2018 Colliers International. The information contained herein has been obtained from sources deemed reliable. While every reasonable effort has been made to ensure its accuracy, we cannot guarantee it. No responsibility is assumed for any inaccuracies. Readers are encouraged to consult their professional advisors prior to acting on any of the material contained in this report.

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