AVAILABLE BEECH BOTTOM INDUSTRIAL OPPORTUNITY INDUSTRIAL PARK

2481 RIVER ROAD • WELLSBURG • • 26070 VILLAGE OF BEECH BOTTOM • BROOKE COUNTY

FOR MORE INFORMATION:

RICH GASPERINI MATEO VILLA First Vice President Associate +1 412 394 9806 +1 412 394 9837 [email protected] [email protected] TABLE OF CONTENTS

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed SITE HISTORY AND OVERVIEW Page 3 reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to PROPERTY INFORMATION Page 4-7 independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future - SITE OUTLINE performance of the property. The value of this transaction to you depends on tax and other factors which should be - PARCELS evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent - BUILDING SPECIFICATIONS investigation of the property to determine to your satisfaction the suitability of the property for your needs. - FLOOR PLAN

PHOTOS Pages 8-9

UTILITIES & PERMIT INFORMATION Page 10

LOCATION MAP & OVERVIEW Page 11-12

* Additional property information (rent roll, engineering drawings, environmental studies, plans, etc.) will be provided upon receipt of a signed confidentiality agreement. SITE HISTORY & OVERVIEW

• 1910 First buildings constructed in the plant area by the Whitaker- Glessner Company, which was ultimately owned by Wheeling OVERVIEW Steel Company. While in operation, the plant was known as • Beech Bottom Industrial Park is located in the heart of the the Wheeling Corrugated Company. Marcellus and Utica Shale Plays in between Shell’s Petrochemical Complex and PTT’s Planned Petrochemical Plant. Plant area was expanded to encompass most buildings • 1954 • The site consists of approximately 620 acres along the currently on the property. Buildings 5-10 were added. Operations River in Brooke County, West Virginia. at the plant were largely comprised of manufacturing various metal • The riverfront portion of the property is 200 acres ±, of which products and coating coils. 90 acres ± are currently usable and generally flat. • 1976 Wastewater Treatment Plant was added. • 445,431 SF of improved industrial space • Income in-place with 7 existing tenants • 2000 Building 7-A was added. • Functional, operational cranes in the premises Wheeling Corrugated Company ceases operations at the • 2012 • No Zoning property and the property is acquired by a partnership comprised of Hackman Capital Partners and the Business Development Corporation • Barge loading potential of the Northern Panhandle (“BDC”). • Potential to reactivate the previous rail spur to the property

• 2021 The new Wellsburg/Brilliant Bridge is completed 3 miles north • Wastewater Treatment Plant on-site of the Beech Bottom Industrial Park connecting and • Access to a qualified workforce West Virginia State Route 2.

PAGE 3 SITE OUTLINE

620 ACRES TOTAL

PAGE 4 PROPERTY AERIAL

Approximately 445,431 SF of improved industrial property

Additional Hillside Property

Approximately 90 acres of useable and relatively flat industrial land that can be developed Potential Barge Site

Brooke County Public Service District

PAGE 5 PROPERTY SPECIFICATIONS

Property Address: 2481 River Road, Wellsburg, WV 26070 BUILDING FEATURES & CRANE INFORMATION Village of Beech Bottom / Brooke County

Total Acreage: 620 acres Clear Industrial Acreage: Approximately 200 acres between WV State Route 2 and Drive-in Ceiling Under Bay the ; 90 acres of which are currently useable Bldg Size (SF) Doors Height Cranes Hook Width

Zoning: No Zoning Office 10,000 N/A N/A N/A N/A N/A

3 & Yard Storage Area: 22 acre area is currently stabilized One 5-Ton 2 72,970 1 Rail 26’3” 17’ 71’ Two 2-Ton Jib Door Building SF: 445,431 SF Total 198,306 SF Available 247,125 SF Leased 3 39,984 1 26’3” One 10-Ton 20’ 55’

Number of Buildings: 10 plus trailers 4 31,416 2 26’3” N/A 18’ 40’

Office Space: 10,000 SF freestanding structure on two floors 16’ Concrete block construction 5 39,471 2 25’6” One 32-Ton 20’ in pit 55’ Various office premises within the industrial area area

Construction Dates: 1910 / 1954 / 1976 / 2000 One 25-Ton 6 71,820 5 32’ 21’ 85’ Roof: Corrugated & galvanized steel One 2-Ton Jib Walls: Corrugated steel planks Floors: Buildings 2-4: Brick and concrete Buildings 5-10: 8” Reinforced concrete One 7.5-Ton in 7 31,536 1 32’ 1/2 the bay 23’ 55’ One 2-Ton Jib Loading: 32 drive-in doors throughout the property, most served by overhead bridge cranes 7a 22,400 2 37’3” Three 5-Ton 24’ 45’ Lighting: Metal halide and sodium vapor fixtures 8 44,730 5 32’ One 30-Ton 22’ 85’ Highway Access: 10 Miles to I-70 on Route 2 13 Miles to US 22/30 9 12,922 6 in Hut 32’ N/A N/A 25’ Other Features: - Barge loading potential - Wastewater treatment plant on-site 10 68,182 4 32’ Two 15-Ton 22’ 70’ - Potential to reactivate rail service at the property - Multiple wells to draw water out of the Ohio River - 400,000 gallon water storage tank on-site

PAGE 6 FLOOR PLAN

12’ x 14’ 12’ x 14’ 14’ x 17’ 14’ x 16’ Open Overhang 35’ x 175’

DRIVE-IN DOOR BLDG 10 68,182 SF 32’ 70’ Bay Approx. Ceiling Width 12’ x 14’ Drive in Doors BLDG 9 12,922 SF Approx. 25’ Bay Width

14’ x 14’ 14’ x 14’ 18’ x 22’ BLDG 8 44,730 SF 32’ 85’ 12’ x 16’ Approx. Ceiling Bay 14’ x 19’ 12’ x 14’ Width 22,400 SF 37’3” 45’ Bay 31,536 SF 32’ 55’ Bay BLDG 7-A BLDG 7 Approx. Ceiling Width Approx. Ceiling Width

65’ Truck Well 71,820 SF 32’ 85’ Bay BLDG 6 12’ x 14’ Approx. Ceiling Width 14’ x 17’ 24’ 20’ x 22’ 39,471 SF 25’6” 55’ Bay BLDG 5 22’ x 14’ Approx. Ceiling Width 18’ x 24’ 31,416 SF 26’3” 40’ Bay 14’ x 14’ BLDG 4 Approx. Ceiling Width 14’ x 16’ BLDG 3 39,984 SF 26’3” 55’ Bay Approx. Ceiling Width BLDG 1 / OFFICE BUILDING 12’ x 14’ Machine Shop 10,000 SF Approx. BLDG 2 72,970 SF 26’3” 71’ Bay 12’ x 18’ Approx. Ceiling Width 12’ x 14’ 12’ x 24’ Rail Door

Demising Wall

BEECH BOTTOM INDUSTRIAL PARK PAGE 7 PHOTOS - IMPROVED INDUSTRIAL SPACE & YARD STORAGE AREA

PAGE 8 PHOTOS - IMPROVED INDUSTRIAL SPACE INTERIOR

PAGE 9 UTILITY & PERMIT INFORMATION

POWER

• Provider: Mon Power (First Energy) • Three substations on site, each providing 13.8 KV. • Power is stepped down to 480V and 240V in the plant areas

GAS

• Provider: Mountaineer Gas Company • 6” line enters the property in the vicinity of the office building

WATER

• Potable water provided by the City of Wellsburg • Sanitary provided by the Brooke County Public Service District • Process water provided by Three Ranney Walls, each with a pumping capacity of 800,000 gallons per day. • One pump is currently in service.

WATER DISCHARGE

• Water discharge permit in place through 2020 with the West Virginia DEP. The permitted discharge volume is 150,000 gallons per day.

TELECOMMUNICATIONS

• Provider: Frontier

PERMITS

• Active NPDES permit • Full permit list upon request

PAGE 10 LOCATION MAP

HIGHWAY ACCESS

• Immediate access to Route 2

SHELL PETROCHEMICAL PLANT • 10 miles to I-70 on Route 2 (UNDER CONSTRUCTION) • 13 miles to US 22/30

PGH. INTL. AIRPORT

576 PROXIMITY

• Wheeling, WV 12 miles SOUTHERN BELTWAY (UNDER CONSTRUCTION) • Weirton, WV 16 miles

• Pittsburgh International Airport 36 miles

SOUTHPOINTE BUSINESS PARK • Pittsburgh, PA 49 miles BEECH BOTTOM INDUSTRIAL PARK WELLSBURG BRIDGE • Shell Petrochemical Plant 49 miles (PLANNED) • Morgantown, WV 85 miles

• Columbus, OH 135 miles

• , OH 142 miles

INTERMODAL CAPABILITIES

• Potential to reactivate rail spur at site PLANNED PETROCHEMICAL PLANT • Barge loading potential • Truck access and drive-in doors

SOUTHERN BELTWAY WELLSBURG/BRILLIANT BRIDGE Connects PA Turnpike 576 to I-79 Connects Wellsburg, WV to Brilliant, OH Under Construction Construction to start Spring 2018 (Delivery 2019) (Delivery Spring 2021)

PAGE 11 LOCATION OVERVIEW

NORTHERN WEST VIRGINIA PANHANDLE QUALITY OF LIVING Brooke County, West Virginia, is situated in the Northern Panhandle with the city of West Virginia is home to an abundance of recreational attractions, including Beech Bottom centrally located between the Ohio River and WV Rt. 2, approximately Oglebay Resort and Conference Center, Wheeling Island’s greyhound 10 miles north of I-70. The location is within a 50-mile radius of Pittsburgh, PA, and racing and casino and Mountaineer Park’s thoroughbred racing and Morgantown, West Virginia. These cities are rich in educational and medical facilities, casino attractions. Outdoor activities include nearby ski slopes, white water transportation hubs, and both enjoy diverse populations. rafting and hiking. Regional hospitals include the Ohio Valley Medical Center with its state of MARCELLUS AND UTICA SHALE the art cancer center and Wheeling Hospital, which is ranked in the top The Marcellus and Utica Shale geologic formations run deep below the surface of eastern tenth percentile for cardiac care. Ohio, West Virginia and most of Western . The presence of both “wet” and “dry” gas in the region has generated the interest of energy companies nationwide. National crime statistics show this area to be one of the nation’s safest, with Many of these companies have leased land and are now using the new hydraulic the FBI statistics showing it as possessing the second lowest crime rate in fracturing method developed as a result of recent advances in drilling technology. the country. In the heart of the shale territory, West Virginia has moved swiftly to enable the development of the natural gas industry. The state passed the Manufacturing and Development Act, THE NEW WELLSBURG/BRILLIANT BRIDGE which is aggressive legislation to attract ethane “Cracker” plants and other facilities Plans to build a bridge that extends over the Ohio River and connects Route related to energy production. The state is ranked sixth out of 135 international areas for 7 in Brilliant, Ohio to Route 2 in Wellsburg, West Virginia are underway. “Most Attractive Jurisdictions for Oil and Gas Investment”. Additionally, there is nearly The bridge is located about 3 miles north of Beech Bottom Industrial Park $2.5 billion slated for expansion of the transportation and processing of natural gas. and will improve access between Ohio and West Virginia in the area. Industries related to the Marcellus and Utica formations are estimated to bring 50,000 Construction is expected to start in Spring 2018, with completion targeted jobs to West Virginia over the next 20 years. for Spring 2021. The funding for this estimated $131 million dollar project has been approved. AFFORDABLE

When comparing competitive labor rates, utilities, and the total annual costs of living, Planned Wellsburg/Brilliant the West Virginia panhandle counties are lower versus the national average by about Bridge Location 10% -15%. When the comparison scope is narrowed to major urban centers, these same counties show savings of 25% -30%. (Source: Deloitte Consulting Shared Services Capability Assessment - 2006.) These figures make the I-70 corridor in West Virginia an attractive region for existing and new companies to locate their operations. Beech Bottom The housing market in West Virginia is ranked 6th in affordable housing costs with new Industrial Park and existing homes priced well below the national average.

PAGE 12 FOR MORE INFO, PLEASE CONTACT

RICH GASPERINI MATEO VILLA First Vice President Associate +1 412 394 9806 +1 412 394 9837 [email protected] [email protected]

CBRE © 2018 All Rights Reserved. All information included in this proposal pertaining to CBRE—including but not limited to its operations, employees, technology and clients—are proprietary and confidential, and are supplied with the understanding that they will be held in confidence and not disclosed to third parties without the prior written consent of CBRE. This letter/proposal is intended solely as a preliminary expression of general intentions and is to be used for discussion purposes only. The parties intend that neither shall have any contractual obligations to the other with respect to the matters referred herein unless and until a definitive agreement has been fully executed and delivered by the parties. The parties agree that this letter/proposal is not intended to create any agreement or obligation by either party to negotiate a definitive lease/purchase and sale agreement and imposes no duty whatsoever on either party to continue negotiations, including without limitation any obligation to negotiate in good faith or in any way other than at arm’s length. Prior to delivery of a definitive executed agreement, and without any liability to the other party, either party may (1) propose different terms from those summarized herein, (2) enter into negotiations with other parties and/or (3) unilaterally terminate all negotiations with the other party hereto.

© 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.