SC - Sumter
TN - Chattanooga / North GA
DEMOGRAPHICS
MARKET HIGHLIGHTS
DEMOGRAPHICS
MARKET HIGHLIGHTS
Sumter, SC
665
104,624
39,583
$57,912
33,348
10.3%
Coldwell Banker Commercial
Cornerstone
38 N. Main St.
Sumter, SC 29150
(803) 778-1139
www.cbccornerstone.com
CONTACT
•;Continental Tire announces
$500M tire manufacturing facility
in Sumter, the largest Industrial
investment ever made in the
county. 10-year economic impact
is projected to be $1.82 Billion
and nearly 6,000 new jobs.
•;Third Army Headquarters
relocation from Fort McPherson
in Atlanta to Shaw Air Force Base
in Sumter is nearly complete as
troops occupied the new $100M
facility late last year. 1,400 new
military personnel and their
families will be a huge boost to
the Sumter market this year.
•;Au’some Candy opens plant in 1st
Qtr 2012. The Hong Kong based
candy company’s $6M investment
is their first North American
facility and will generate 120 new
jobs over the next 5 years.
•;Multi-Family sector continues
to be underserved and ripe for
development. Vacancy rates
remain low and several Multi-Family properties have waiting
lists.
•;Overall sales and leasing activity
is up in the first quarter after a
slow 2011. Steady improvement
is expected throughout 2012
based on Industrial and military
job creation.
Chattanooga,
TN-GA
2,089
526,490
211,265
$62,455
208,265
7.3%
Coldwell Banker Commercial
Hamilton & Associates
2650 Peerless Rd. N. W.
Cleveland, TN 37312
(423) 476-5535
www.hamiltoncommercial.com
CONTACT
•;Wacker Chemie AG began
construction on a fully
integrated polysilicon
production site which will create
650 permanent jobs and invest
$1.5 billion.
•;Amazon opened two fulfillment
centers, creating over 1,300
new jobs and $135 million in
investment to the area. With 3
facilities in Tennessee, Amazon
has created 3,300 jobs and
more than $270 million in
investment in the state.
•;Whirlpool replaced an existing
100-year old manufacturing
plant with a new LEED-certified
facility. The new facility will add
130 new jobs at an investment
of $120 million.
•;Residential rental market is
booming in the area.
•;Volkswagen continues to
expand their workforce by
adding 300 new jobs this year.
OFFICE
RETAIL
OFFICE
RETAIL
Vacancy
Q
Vacancy
Q
Vacancy
N
Vacancy
N
Absorption
P
Absorption
P
Absorption
N
Absorption
N
Rental Rates
N
Rental Rates
P
Rental Rates
N
Rental Rates
N
INDUSTRIAL
MULTI-FAMILY
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Vacancy
N
Vacancy
Q
Absorption
P
Absorption
P
Absorption
N
Absorption
Q
Rental Rates
P
Rental Rates
P
44 Rental Rates
N
Rental Rates
P
