NEW REDEVELOPMENT OPPORTUNITY IN THE HEART OF DOWNTOWN LOCATED IN A FEDERALLY-DESIGNATED MARION BUILDING OPPORTUNITY ZONE 1276 W. 3RD ST. CLEVELAND,

PROPERTY HIGHLIGHTS • 104,698-square-foot, seven-story building • Zoned for Limited Retail Business, which permits office, hotel, multifamily, and retail uses • Excellent location in the heart of the Historic Warehouse District, Cleveland’s original “live-work-play” neighborhood, with trendy loft-style apartments and condos, historic office buildings and numerous nightlife and dining options all within a short walk. • Within walking distance to East Bank, Public Square and • Built in 1913 • Immediate access to Route 2/Cleveland Memorial Shoreway

For more information, contact our licensed real estate salespersons: Terry Coyne Richard Sheehan Vice Chairman Managing Director 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice..

MARION BUILDING 1276 W. 3RD ST. Additional Exterior CLEVELAND, OHIO

For more information, contact our licensed real estate salespersons: Terry Coyne Richard Sheehan Vice Chairman Managing Director 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland LOWER LEVEL 1 Floor Plans MARION BUILDING 1276 W. 3RD ST. LowerTypical Level: Floor 13,086 Plates SF and Lower Leevel CLEVELAND, OHIO

NORTH

First Floor: 13,086 SF

Typical Floor Plate (Floors 2-7): 13,086 SF

For more information, contact our licensed real estate salespersons: Terry Coyne Richard Sheehan Vice Chairman Managing Director 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland

MARION BUILDING 1276 W. 3RD ST. CLEVELAND, OHIO

CLEVELAND APARTMENT MARKET AT-A-GLANCE

New apartment projects reach 92% 6,800 stabilization at an occupancy rate absorption rate of NEW UNITS required to 35 UNITS meet demand PER MONTH through 2030

New one bedroom Average apartment rent Market Rate top out at Rent of $2.80 PSF $1.54 PSF

2018 HOUSING MARKET Total Housing Units 13,149 Total Market Rate Units 7,224 Total Income Restricted Units 4,884 Total Townhomes and Condo Parcels 880 2018 Market Rate Occupancy Rate 92 percent Average Market Rate Rent Per Square Foot $1.54 psf Monthly Rent Range for 1 Bedroom Apartment $818 - $1,934 2018 Condo/Townhome Sales 70 2018 Average Sale Price $248,034 2018 Average Sale Price Per Square Foot $203.45 psf

*Source: Alliance

For more information, contact our licensed real estate salespersons: Terry Coyne Richard Sheehan Vice Chairman Managing Director 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice..

MARION BUILDING 1276 W. 3RD ST. CLEVELAND, OHIO

EMPLOYMENT OVERVIEW

Cleveland ranks Downtown #7 IN THE U.S. Cleveland with the highest is home to over percentage of workforce Cleveland’s economy generated 105,000 JOBS aged 25-44 with an advanced degree $139 BILLION making it the meet demand in 2018, growing largest job center through 2030 2.9% from the in Ohio previous year

DOWNTOWN CLEVELAND’S LARGEST INDUSTRIES

• Professional, Scientific and Technical Services |18.6 percent • Public Administration | 12.3 percent • Finance and Insurance | 9.1 percent • Educational Services | 8.6 percent • Management of Companies and Enterprises | 7.4 percent

*Source: Downtown Cleveland Alliance

For more information, contact our licensed real estate salespersons: Terry Coyne Richard Sheehan Vice Chairman Managing Director 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice..

MARION BUILDING 1276 W. 3RD ST. CLEVELAND, OHIO

WORKFORCE HOUSING OPPORTUNITIES

THE ACCOMMODATION AND FOOD SERVICE INDUSTRY IS THE SECOND FASTEST GROWING INDUSTRY DOWNTOWN

WITH ONLY 2.05% OF DOWNTOWN WORKERS LIVING DOWNTOWN, DEMAND FOR WORKFORCE HOUSING TO ACCOMMODATE MIDDLE INCOME WORKERS IS GROWING

*Source: Downtown Cleveland Alliance

For more information, contact our licensed real estate salespersons: Terry Coyne Richard Sheehan Vice Chairman Managing Director 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice..

MARION BUILDING Amenities Aerial 1276 W. 3RD ST. CLEVELAND, OHIO

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MARION BUILDING 1276 W. 3RD ST. CLEVELAND, OHIO

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For more information, contact our licensed real estate salespersons: Terry Coyne Richard Sheehan Vice Chairman Managing Director 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice..

MARION BUILDING Location Map 1276 W. 3RD ST. CLEVELAND, OHIO

ERIESIDE AVE.

North Coast Harbor FIRSTENERGY NORTH PORT OF CLEVELAND STADIUM ROCK & ROLL TERMINAL HALL OF FAME BURKE PORT OF CLEVELAND SCIENCE MUSEUM CENTER LAKEFRONT AIRPORT

OREWAY SH 2 IAL 90 OR MARION BUILDING EM M AMTRAK STATION 1276 W. 3RD ST. AND FLATS EL CLEVELAND, OHIO V FIRSTENERGY EAST CLE NORTH COAST HARBOR ALOFT STADIUM BANK ERNST & YOUNG W. 3RD ST. STATION EAST STATION MUNICIPAL PAPKING HOTEL BUILDING TERMINAL 2 MALL LAKESIDE C NORTH CITY WILLARD D AV ENPOR COUCOURTHOUSERTHOUSE COURT HALL PARK POINT T AV E. 90 HOUSE BLDG & TOWER SQUARE CONVENTION CENTER LAKESIDE AVE. L A K ESID & E AV E. 45 65/75 1277 LAKESIDE HILTON GLOBAL PUBLIC ERIEVIEW HAMILTON LAKESIDE HALL ERIEVIEW PLACE JUSTICE CLEVELAND CENTER FOR FEDERAL PLAZA PLAZA PLACE CENTER

DOWNTOWN HEALTH BLDG.

WEST 6TH ST. 6TH WEST WEST 9TH ST. 9TH WEST

Cuyahoga River INNOVATION

ERIEVIEW OLD RIVER RD. RIVER OLD WAREHOUSE DISTRICT POLICE GALLERIA TOWER HQ AECOM

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ONTARIO ST. ONTARIO WEST 3RD ST. 3RD WEST WEST 10TH ST. 10TH WEST WESTIN ST. CLAIR AVE.

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Parking ST. PLAZA EAS T-REX BLDG S BLDG. 5555 PUBLIC PUBLIC 75 PUBLIC KEY HOTEL CALFEE CATHEDRAL Parking SQUARE SQUARE TOWER H WESTERN SQUARE GARAGE SQUARE ROCKWELL AVENUE FRANKFORT AVE. AST 7T

RESERVERESERVE E 1 GARAGE GARAGE 12TH US FEDERAL T ROCKEFELLER S Parking COURT PUBLIC SUPERIOR ST. JOHN 1111 EAST 13TH ST. FIRE

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E HQ SUPERIOR AVE. PUBLIC SQUARE NINE TWELVE DISTRICT SUPERIOR AVENUE STATE 200 HURON RD. PROSPECT AVE. LEADER FIFTH KEY BANK 1717 EAST 1100 OFFICE RENAISSANCERENAISSANCE PUBLIC HYATT BLDG NINTH ST. SUPERIOR HOTEL REGENCY THIRD CENTER BLDG.BLDG. SQUARE BAKER RESERVE EUCLID AVE.THE BUILDING SQUARE FEDERAL MK AVENUE TOWER TERMINAL ARCADE THE AMTRUST PARK APARTMENTS P COURTHOUSE FERGUSAN AYNE CITY CENTER TOWER BEACON TOWER PLAZA A V E. THE AVENUE PUBLIC SQ GARAGE HUNTINGTON BLDG GARAGE HIGBEE TECH HOUSE OF HOLIDAY BLUES CHESTER A VE. CANAL RD. 250250 W.W. BLDG. INN PNC HURON MABEL'S BBQ PICKWICK SELECT SKYLIGHT & FROLICK CENTER THE CENTENNIAL 925 LOLA EUCLID

OFFICE T. ZOCALO RESIDENCE 925 EUCLID ANNEX ALLERTON TOWER FLANNERY’S TEQUILERIA INN APARTMENTS HYDE PARK JACKGRILL GARAGE LE MERIDIAN SPHERE GARAGE HOTEL APARTMENTS

CLEVELAND 9TH S STATLER CITY CLUB 5th street arcades ARMS CASINO BUILDING CA N LANDMARK E APTS. FUTURE MEDICAL MUTUAL U C THEATER DISTRICT AMERITRUST A OFFICE THE L L TOWER NUCLEUS THE ID R EAST 9 A D . PROJECT ATHLON V E GARAGE UNITED . HOTEL CHURCH THE POINTE CUYAHOGA HALLE ALLEN OHIO INDIGO COUNTY THEATER CLEVELAND OF CHRIST AT GATEWAY HEADQUARTERS BLDG. CROWNE THEATER PLAZA STATE HURON RD. STATE UNIVERSITY THEATER (CSU) GARAGE US BANK CARTER RD. CENTRE PR . ROCKET OS GATEWAY DISTRICT PE CLEVELAND MORTGAGE CT STATE Cuyahoga FIELDHOUSE WINTON A HANNA UNIVERSITY O MANOR V E. BUILDING (CSU) River N BOLIVAR RD. HANNA T A R BUILDING LEGEND GARAGE Major Office Buildings IO Hotels/Retail/Apartments R D . EA G L E SALVATION Mixed-use Office/Retail/Apartments R D . PROGRESSIVEPROGRESSIVE ARMY

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For more information, contact our licensed real estate salespersons: C Terry Coyne Richard Sheehan Vice Chairman Managing Director 71 77 216.453.3001 216.453.3032 [email protected] [email protected] ngkf.com/cleveland

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice..