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 • 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 SALE PRICE • $8 MILLION ($80/SF) • Accepting qualified offers by August 1st, to allow buyer time to apply for the Ohio State Historic Tax Credit (deadline September 30, 2019).

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 Newmark Knight Frank • 1350 Euclid Avenue, Suite 300 • Cleveland, Ohio 44115

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representa- tion, 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. 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 Newmark Knight Frank • 1350 Euclid Avenue, Suite 300 • Cleveland, Ohio 44115

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representa- tion, 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 Newmark Knight Frank • 1350 Euclid Avenue, Suite 300 • Cleveland, Ohio 44115

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representa- tion, 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 Newmark Knight Frank • 1350 Euclid Avenue, Suite 300 • Cleveland, Ohio 44115

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representa- tion, 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 Newmark Knight Frank • 1350 Euclid Avenue, Suite 300 • Cleveland, Ohio 44115

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representa- tion, 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 PORT OF CLEVELAND HALL OF FAME BURKE SCIENCE MUSEUM CENTER LAKEFRONT AIRPORT

EWAY HOR 2 L S 90 RIA MARION BUILDING MO ME AMTRAK FLATS 1276 W. 3RD ST. D STATION CLEVELAND, OHIO ELAN EV FIRSTENERGY EAST CL NORTH COAST HARBOR ALOFT STADIUM BANK ERNST & YOUNG W. 3RD ST. STATION EAST STATION MUNICIPAL PAPKING HOTEL BUILDING DISTRICT TERMINAL NORTH LAKESIDE WILLARD 2 COURT CITY D AV E N PO RT A COUCOURTHOUSERTHOUSE MALL HALL PARK POINT V E. SQUARE HOUSE C BLDG & TOWER LAKESIDE AVE. CONVENTION WAREHOUSE DISTRICT CENTER LAKESIDE AVE. & 45 65/75 1277 LAKESIDELAKESIDE PUBLIC HAMILTON JUSTICE NEW GLOBAL HALL FEDERAL ERIEVIEW ERIEVIEW PLACEPLACE HYATT PLAZA PLAZA CENTER CENTER FOR BLDG. HEALTH

ERIEVIEW OLD RIVER RD. RIVER OLD INNOVATION POLICE GALLERIA TOWER HQ AECOM

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WEST 6TH ST. 6TH WEST CENTRE EAST 9TH ST.

WEST 9TH ST. 9TH WEST WEST 10TH ST. 10TH WEST ST. 3RD WEST Parking ST. ONTARIO WESTIN ST. CLAIR AVE. LINCOLN IMG STANDARD MARRIOTT BUILDING ONE GARAGE BLDG. CENTER Parking & CLUB DRURY CLEVELAND . T

Parking PLAZA ST.

CENTER T-REX BLDG S BLDG. 5555 PUBLICPUBLIC 75 PUBLIC KEY HOTEL CALFEE CATHEDRAL Parking SQUARE TOWER H WESTERN SQUARE SQUARE GARAGE SQUARE ROCKWELL AVENUE WESTERN FRANKFORT AVE. RESERVERESERVE NINE TWELVE DISTRICT 7T GARAGE 1 GARAGE 12T H

US FEDERAL T ROCKEFELLER S Parking COURT PUBLIC RESERVE SUPERIOR ST. JOHN 1111 EAST 13TH ST. FIRE A Parking BLDG. ST. 6TH WEST LIBRARY BLDG. SUPERIOR HOUSE CATHEDRAL AST DEPT BANK HQ E

E SUPERIOR AVE. PUBLICPUBLIC SQUARSQUAREE SUPERIOR AVENUE STATESTATE 200 HURON RD. PROSPECT AVE. LEADER FIFTH KEY BANK 1717 EAST 1100 OFFICEOFFICE RENAISSANCERENAISSANCE PUBLIC HYATT BLDG NINTH ST. SUPERIOR HOTEL SQUARE REGENCY THIRD CENTER BLDG. BAKER RESERVE EUCLID AVE.THE BUILDING SQUARE MK HORSESHOE FEDERAL AVENUE TOWER TERMINAL ARCADE AMTRUST PARK APARTMENTS P COURTHOUSE FERGUSAN CASINO A Y N E CITY CENTER TOWER GARAGE TOWER PLAZA A V E . THE AVENUE PUBLIC SQ GARAGE HUNTINGTON BLDG GARAGE TECH HIGBEE HOUSE OF HOLIDAY CHESTER A VE. CANAL RD. 250250 W.W. BLDG. INN PNC HURONHURON BLUES PICKWICK SELECT SKYLIGHT & FROLICK CENTER HUNTINGTON 925 OFFICE FLANNERY’S BANK EUCLID RESIDENCE BUILDING ANNEX ALLERTON TOWER CHINATO INN APARTMENTS HYDE PARK EAST 9TH ST. LE MERIDEAN GRILL GARAGE CHESTERFIELD CASINO (PHASE II) GARAGE HOTEL APARTMENTS CASINO (PHASE II) ARCADE STATLER OLD COLONIAL CITY CLUB ARMS BUILDING C A N LANDMARK EU APTS. AMERITRUST OFFICE MEDICAL MUTUAL C A STARK THE L ID L TOWER DEVELOPMENT 9 CLEVELAND R ATHELETIC AV D . UNITED CLUB E. GARAGE RADISSON CHURCH THE POINTE CUYAHOGA HALLE OHIO INN OF CHRIST AT GATEWAY COUNTY ALLEN CLEVELAND Cuyahoga River HEADQUARTERS BLDG. WYNDHAM THEATER HOTEL THEATER STATE HURON RD. STATE UNIVERSITY THEATER (CSU) CARTER RD. GARAGE PROSPECT. AVE. US BANK ROCKET CENTRE CLEVELAND

MORTGAGE STATE E. 8TH ST. 8TH E. Cuyahoga FIELDHOUSEFIELDHOUSE ST. 7TH E. WINTON HANNA UNIVERSITY ONTARIO AVE. MANOR BUILDING (CSU) River BOLIVAR RD. HANNA BUILDING LEGEND GATEWAYFINANCIAL DISTRICT DISTRICT GARAGE Major Office Buildings Hotels/Retail/Apartments SALVATION E A G L E R D . PROGRESSIVE Mixed-use Office/Retail/Apartments ARMY

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CARNEGIE AVE. L IA C R E LORAIN CARNEGIE (HOPE MEMORIAL) BRIDGE M

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For more information, contact our licensed real estate salespersons: O C Terry Coyne Richard Sheehan

Vice Chairman Managing Director 216.453.3001 216.453.3032 71 77 [email protected] [email protected] ngkf.com/cleveland Newmark Knight Frank • 1350 Euclid Avenue, Suite 300 • Cleveland, Ohio 44115

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representa- tion, 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.