OFFERING SUMMARY

Crowfield Plaza is located in Goose Creek, approximately fifteen minutes northwest of downtown Charleston. The property contains 50,740 square feet and is 98% leased to 12 tenants.

SUBMARKET OVERVIEW

Crowfield Plaza is situated in Berkeley County, one of the fastest growing counties in South Carolina. For most of the twentieth century, the town's population was approximately 3,000 residents, but in the 1970s, it doubled in size to 6,000 residents and a 1969 survey rated Goose Creek the fastest-growing area in the United States. By the year 2006, Goose Creek grew 400% to a population of over 30,000, and the pattern is only expected to continue due to the popularity of the Charleston region. The town attributes its recent growth to the influx of people moving to the greater Charleston area. Many newcomers to the area find Summerville to be an affordable alternative to the more expensive communities of Charleston, Mt. Pleasant and the surrounding barrier islands.