Lexington, Kentucky Central Business Central Business 1
Central Business District Central Business 2
% Vacancy Period Average Vacancy % Lexington, Fayette County, Kentucky CBD Office Market Survey 2017 Class A 12% 20% 2017 Overall Market 14% 18% 16% 2016 12% 14% 2015 13% 12% 10% 2014 16% 8% 2013 15% 6% 2012 15% 4% 2% 2011 15% 2010 17% 0% 2017 Class A 2017 Overall Market 2016 2015 2014 2013 2012 2011 2010 2009 Market Year 2009 19% The information herein is deemed representative of the Lexington, Kentucky Central Business District office market and in our opinion provides a reasonable representation of CBD market conditions in general. The information was obtained from sources that are deemed to be reliable. However, The Webb Companies makes no representation nor assumes any responsibilities for its accuracy. * Percentages rounded to the nearest whole number. Central Business 3
% Asking Rent/ Max Contiguous/ 1. 300 East Main Street Sperry Van Ness 28,888 5,117 0 21.1% $16.50 N/A N/A 2. Central Bank 300 West Vine Street Langley Properties 389,200 58,621 0 15.1% $18.50 37,920 Central Bank 3. 400 Old Vine Center Zeff Maloney 29,000 0 0 0.0% N/A N/A N/A 4. Lexington Financial Center 250 West Main Street The Webb Companies 357,361 34,773 0 9.7% $20.95 22,888 5th 3rd Bank 5. Barrister Hall 163 East Main Street Joe Rosenberg 27,283 0 0 0.0% 0 N/A N/A 6. Vine Center 333 West Main Street The Webb Companies 242,024 26,650 13,897 11.0% $19.95 15,654 Belcan Engineering 7. Chase Tower 201 East Main Street NAI Isaac 237,892 41,819 0 17.6% Negotiable 30,298 Chase Bank Central Business 4
% Asking Rent/ Max Contiguous/ 8. 400 East Vine Street WesBanco 36,272 6,000 0 16.5% $16.50 N/K WesBanco 9. Community Trust Bank 100 East Vine Street Coleman Group 80,611 2,913 0 3.6% N/A 1,800 Kentucky League of Cities 10. 110 West Vine Street Coleman Group 42,696 29,180 0 68.3% $17.50 22,084 Old National Bank 11. Goodwin Square 444 East Main Street Schrader Commercial Properties 45,692 1,839 0 4.0% $18.00 To $24.00 1,365 Hargrove & Madden 12. Hisle 277 East High Street Hisle & Company 14,000 0 0 0.0% N/A N/A Hisle & Co. 13. Landrum & Shouse 106 West Vine Street Landrum & Shouse 63,693 0 0 0.0% $0.00 N/A Landrum & Shouse 14. Court Square 269 West Main Street Block & Lot 40,700 6,716 0 16.5% N/A 3,358 Sky Bar Central Business 5
% Asking Rent/ Max Contiguous/ 15. Myers 175 East Main Street Urban Groupe 45,000 2,493 0 5.5% $15.00 To $20.00 1,573 Jackson-Kelly 16. PNC Plaza 301 East Main Street Coleman Group 122,987 41,926 0 34.1% $16.50 20,822 PNC Bank 17. PWM 360 East Vine Street The Webb Companies 39,684 5,470 0 13.8.0% $20.95 5,470 Kentucky Bank 18. Raymond James 489 East Main Street The Webb Companies 12,757 0 0 0.0% N/A N/A Raymond James 19. Security Trust 271 West Short Street Benezet & Associates 48,895 7,226 0 14.8% $15.00 3,540 Miller Griffin & Marks 20. The 465 465 East High Street Todd Stockwell 24,285 0 0 0.0% N/A N/A N/A 21. The Lion 155 East Main Street Todd Stockwell 27,283 0 0 0.0% N/A N/A Kentucky Board of Architects Central Business 6
% Asking Rent/ Max Contiguous/ 22. 249 East Main Street Sperry Van Ness 46,936 4,160 0 8.9% $18.75 2,061 Portofino s 23. Traditional Bank 163 West Short Street Ted Mims 35,000 0 0 0.0% N/A N/A Traditional Bank 24. US Attorney s 260 West Vine Street Coleman Group 58,140 0 0 0.0% N/A N/A US Attorney 25. West Main Place 565 585 West Main Street The Webb Companies 19,317 0 0 0.0% N/A N/A Level 3 26. BB&T Plaza 200 West Vine Street Haymaker Bean 43,902 29,198 0 31.4% $18.00 11,739 BB&T 27. 330 East Main Street Coleman Group 23,474 0 0 0.0% N/A N/A Commerce Lexington Overall Market 2,182,972 304,101 13,897 13.9% Class A s 1,073,961 127,353 13,897 11.9% Central Business 7 The information herein is deemed representative of the Lexington, Kentucky Central Business District office market and in our opinion provides a reasonable representation of market conditions in general. The information was obtained from sources that are deemed to be reliable. However, The Webb Companies makes no representation nor assumes any responsibilities for its accuracy.