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PROJECTS: MAGNOLIA | CHARLESTON, SOUTH CAROLINA

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| Owner: |
Ashley II of Charleston, LLC
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| Developer: |
Magnolia Development, LLC
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| Leasing: |
NA Berkowitz Development Group
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| Location: |
I-26 & King Street Circle (Upper Peninsula)
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| Development: |
200+ Acre New Town featuring Retail,
Office, Hotel and Residential
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| Size: |
Proposed for:
700,000 SF Retail, 500 Rooms Hotel Space
Up to 6000 Residential Units , 450,000 SF Office
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| Projected Opening: |
Fall
2010
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| Exceptional Location: |
4.5MM Tourists ranked 3RD in US behind NY and SF
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$13.7B Retail Gross Sales Tourists and Locals |
3.1 MM Hotel Rooms Sold Annually |
10 Hospitals in the Region employ in excess of 16,000 |
30,000 College and University Students in Region at The Citadel, College of Charleston, Charleston Southern, Charleston School of Law |
Home of Nucor, Amoco, WestVaco, Mikasa, Boeing and MUSC; Daimler Benz Plant Just Announced |
131,086 Employees and 8356 businesses within 5 miles of Magnolia |
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| For information, please contact: |
| Developer: |
Leasing Information: |
Magnolia Development LLC
4237 Louisburg Road
Raleigh, NC
ksilver@greenhawkpartners.com |
Neal A. Berkowitz
NA Berkowitz Development Group, Inc.
231 S. Old Woodward
Suite 217
Birmingham, Michigan 48009
Phone: 248-988-8525
Phone: 248-207-8000
Fax: 248-901-1714
eMail: nberkowitz@comcast.net
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