AIR SOUTH COMMERCE CENTER PHASE II POTH ROAD WHITEHALL, OHIO 43213

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1 AIR SOUTH COMMERCE CENTER PHASE II POTH ROAD WHITEHALL, OHIO Presented by: Mark F. Taggart, CPM, SIOR Mark F. Taggart Company, AMO 942A Freeway Drive North Columbus, Ohio (614)

2 TABLE OF CONENTS Page Building Rendering... 1 Location Maps... 2 Aerial View Site Plan Rendering... 4 Site Plan. 5-6 Building Floor Plan.. 7 Executive Summary General Building Specifications 11 Proposal to Lease.. 12 City of Whitehall. Attachment Hamilton Road Corridor Improvements. Attachment Columbus Regional Information. Attachment

3 BUILDING RENDERING - 1 -

4 LOCATION MAPS Air South Commerce Center Phase II will consist of a 259,800s.f. state of the art industrial building located a Poth Road just 1.5 miles west of the I-270 & Hamilton Road interchange Exit #

5 AERIAL VIEW - 3 -

6 SITE PLAN RENDERING - 4 -

7 SITE PLANS - 5 -

8 Poth Road, Whitehall OH

9 BUILDING FLOOR PLAN - 7 -

10 EXECUTIVE SUMMARY Overview: The Air South Commerce Center is a state of the art industrial park created by the redevelopment of the three building, 57 acre site formally home to Oasis International. Currently two of the three buildings are occupied by Glazer s Distribution of Ohio. Glazer s parcel containing 23 acres has been retained by current ownership. Of the approximately 35 acres remaining, 6 acres has been sold to Buyers Auto Group for expansion of their existing facility and the remaining 29 acres encompasses the Air South Commerce Center ( Air South ). Air South is being developed in three phases (See Development Site Plan). Phase I commenced with the demolition of Oasis Building 1 an existing 350,000sf structure as well the demolition of miscellaneous smaller structures. The shovel ready acre site is slated for a state of the art 140,000sf (700 x 200 ) insulated concrete tilt up, 28 to 32 clear industrial building. The facility is ecommerce ready with 135 car parking expandable to 202 and includes 36 semi-trailer parking spaces. The car/trailer parking mix can be modified to allow for additional car parking if needed. Access will be off both Poth Road and Hamilton Road, however truck access will be restricted to the Poth Road entrance. Note there is an existing traffic light on Hamilton Road which is dedicated solely for car access to Phases I & III. Phase II is a acre site featuring a state of the art 259,800sf (1,000 x 260 ) insulated concrete tilt up, 32 clear industrial building with 205 car parking and 40 semi-trailer parking spaces. 60 column free speed bay. Access will be off Poth Road. Phase III is a acre site with a proposed 10,400sf single tenant retail or multi-tenant medical/professional office building. Access will be off both Poth Road and Hamilton Road, however truck access will be restricted to the Poth Road entrance. Note there is an existing traffic light on Hamilton Road which is dedicated solely for car access to Phases I & III. Location: The development is located at the Northwest corner of Poth Road and Hamilton Road just 1/2 mile south of Port Columbus International Airport (See Aerial). This intersection will be the entrance to the City of Whitehall s Acre Airport South Commerce and Tech Park. In addition to the proximity to Port Columbus this site has tremendous freeway access to multiple interchanges: 2.0 miles from Broad Street (SR 16) at I miles from Hamilton Road (SR 317) at I miles from E. 5 th Ave at I miles from I-70 at I miles from I-71at I

11 Traffic Signal: Bus Route: Infrastructure: Rail: There will be two ingress/egress points, one off of Poth Road and one off of Hamilton Road. The access off of Hamilton Road is enhanced by a dedicated traffic signal. This site is located on a main cross town bus route serviced by the Central Ohio Transit Authority (COTA). Basic infrastructure and utilities are already in place within the Airport South Commerce and Tech Park. To maintain the Tech Park s cutting edge, Whitehall has over $3 million dollars worth of improvements planned along the Hamilton Road Corridor to be completed in 2016 (See Attachment). Improvements include renovations to the railroad overpass including gateway signage, new streetscape grass median, street lighting, mast arm traffic lights, walking paths and improved bus stops all the while affording increased connectivity to the City s nature park, Whitehall Community Park. The site is serviced by the Genesee and Wyoming Railroad This provides a competitive advantage as G&W can forward freight from either CSX or Norfolk & Southern. Although the spur is currently inactive it can be put in service within 60 days. Utilities: Electricity: Natural Gas: Provider AEP (American Electric Power). Redundant power is available as this site is in the center of three AEP substations. AEP can provide an AFS or Alternate Feed Service providing power from multiple substations. Currently there are two exiting circuits on site, a +/-5MVA circuit from the Bexley substation +/- 3 miles to the south and a +/-4MVA circuit from the Etna Road substation +/-2 miles to the north. Provider Columbia Gas. 4 main with medium pressure. 5lbs pressure available. Fiber Optics: Water/Sewer: Major Employers: Provider City of Columbus. High capacity main. Currently the Phase I site is serviced by a 10 main tapped directly into a 42 transmission main on Hamilton Road. There is also an 8 distribution main on Hamilton Road and 12 distribution main running along Poth Road that will feed Phase II. AT&T and Time Warner Telecommunications. One of the most significant upgrades within the Airport South Commerce and Tech Park is the multi-million-dollar addition of High Capacity Dark Fiber to be installed in the second quarter of This will give large data users access to multiple providers reducing data costs 10% to 20%. Within a one mile radius are located facilities for Defense Supply Center Columbus (DSCC) Federal Express DSW Glazer s and Priority Designs

12 Ownership: County/City: Development Acreage: Zoning: Tax Incentives: Air South Commerce Center LLC a partnership between the principals of Mark F Taggart Co and Fed One Dublin Franklin County/City of Whitehall +/-29.2 Acres I-2 Limited Industrial District City of Whitehall Air South Commerce Center Phase I has a TIF or Tax Increment Financing agreement with the City of Whitehall that will provide a payment of $60, annually for 20 years which equates to a reduction in the Real Estate Taxes for the tenants of the proposed building of $.43 per square foot annually. Air South Commerce Center Phase II has 15 year 100% Real Estate Tax Abatement. Phase III is eligible for as much as Fifteen Year (15) Year 100% Real Estate Tax Abatement. All Phases may also be eligible for reimbursement of up to 50% of employee income tax for up to six (6) years. City of Whitehall Income tax Rate: 2.5% Whitehall is a very business friendly city. For more information Contact Zachary Woodruff the Director of Development for the City of Whitehall Zachary.Woodruff@Whitehall-oh.u for additional information

13 General Building Specifications Phase II Location: Air South Commerce Center Address: Poth Road Whitehall, OH Total Building Area: 259,800s.f. (1,000 x 260 ) Speed Bay: Office: 60 column free speed bay. 5% BTS Acreage: Docks: Drive Ins: Truck Service Area: Trailer Parking: Car Parking: Floor: Lights: Natural Light: Heat: Electrical: CCATV: Clear Height: Roof: Exterior Walls: Interior Demising Walls: Fire Suppression: Warranty: Twenty Five (25) 9 x10 docks with insulated doors and vision panels. Each position shall have 35,000lb 7 X 8 in floor mechanical levelers with 18 lip, dock seals, and swing around trailer lights. Five (5) 12 x 14 insulated doors with electric operators and vision panels. 55 concrete dock pads. 40 trailer parking spaces. ecommerce ready with 205 car (.80 spaces per 1,000s.f.). Six (6 ) inch concrete, Super Flat Ff=50/ Fl=35. Hi-Bay six (6) tube florescent T-5 lights with motion sensors (30 fc average). Rectangular Light Panels in exterior walls. S1200 Cambridge 1.2MM BTU direct gas fired industrial heaters (1 unit per 50,000s.f.). 2000A Three (3) phase Four (4) wire 277/480V. Exterior camera system w/common internet access. 32 clear. Standing seam metal roof with 6 white vinyl backed insulation providing an R value of 25. Insulated concrete tilt up sandwich panels with an R value of 2.2. Insulated drywall with 5/8 non-com plywood bottom panel ESFR, Fully sprinklered building. All work shall be warranted for 12 months from the date of occupancy. Roof system shall have a 20 year material warranty

14 PROPOSAL TO LEASE Building Address Building Description Air South Commerce Center Phase II Poth Road Columbus, Ohio State-of-the-art, insulated, pre-cast concrete tilt-up, 259,800 square foot office/warehouse building. Leasable Square Feet 259,800 square feet (1,000 x 260 ) Base Rental Rate Initial Lease Term Operating Expenses Parking Trailer Parking Dock Doors Drive-In Doors Bay Spacing $4.50/s.f. NNN with 5% Office 10 Years In addition to the proposed Base Rent, Tenant shall pay on a monthly basis 1/12 th of Landlord s Estimated Operating Expenses which include real estate taxes, insurance, and common area maintenance estimated at $.47/s.f. 205 spaces (+/-.8 spaces per 1,000 feet) 40 spaces (+/ spaces per 1,000 feet) 1.00 per 10,000 square feet 1 per 52,000 square feet 50 x 50 (60 column free speed bay) Floor 6 inch concrete, 3,500psi, Super Flat Ff=50 F1=35 Clear Height +/- 32 Incentives 15 year 100% Real estate tax abatement. Up to 5 year 50% payroll tax incentive

15 Street View - Looking South Concept Illustration -Hamilton Road Prepared by: October 8, 2013

16 Location The Airport South Commerce & Tech Park is one of the region s newest business parks. Comprised of nearly 350 acres, the business park is a mix of developable sites, available buildings and existing businesses. FedEx Ground and Glazer s Distribution are just a few of the park s anchors. Easy access to all of the regions interstates and highways Located minutes from Port Columbus and its 140 flights per day to over 30 non-stop destinations Easy access to public transportation for employees Access to a well-trained regional workforce 2

17 Investment Shaping Opportunities Over a five year period, nearly $30 million per square mile of public-private investments are occurring in the City of Whitehall. From replacing all of the City s school buildings and building a new library to expanding the City s fiber network and re-imagining the gateways into Whitehall, investments are not only transforming Whitehall, but also are setting the stage for high-impact growth for years to come COMPLETED IN PROGRESS PROPOSED 10 BROAD STREET MAIN STREET YEARLING ROAD HAMILTON ROAD Whitehall-Yearling High School Rosemore Middle School Kae Avenue Elementary School Etna Road Elementary School Beechwood Road Elementary School 6

18 Community Amenities Quality of life and amenities in close proximity to your business are important factors in determining where to invest. The Airport South Commerce & Tech Park is conveniently located across from the City s main nature park, Whitehall Community Park. This 60-acre park will be undergoing a multi-million-dollar renovation over the next two to three years. As you can see from the master plan, opportunities to relax and enjoy nature are just across the street. Whitehall Community Park 1 Renovated Entrance and New Sign 2 Community Building Renovation 3 Asphalt Road to Access Lower Level Amenities 4 Parking Area for Lower Level Amenities 5 Canoe and Kayak Launch and Creek Access 6 Paved Walking Path 7 Stabilized Crushed Limestone Trail 8 Prairie with Wetland and Boardwalk 9 Portable Restroom Shelter 10 Restroom Shelter 11 Access to Shelter Parking 12 Proposed Parking Area 13 3 or 4 Season Shelter 14 Play Area 15 Large Picnic Shelter 16 Disc Golf Course 17 Perimeter Fence 18 Sledding Hill 19 Existing Softball/Baseball Fields 20 Existing Parking to be Modified 21 Existing Whitehall Historical Society Lustron Home with New Ornamental Metal Fence 22 Proposed Hamilton Road Path 8

19 Powered By Opportunity! 9

20 AN ALL-ACCESS PASS TO THE NORTH AMERICAN MARKET The Columbus Region has the greatest reach to the U.S. and Canadian populations among all major logistics hubs. Marion County Morrow County Cleveland 143 miles Logan County Union County Knox County Major Airport Intermodal Terminal Dual Rail Industrial Park National Gateway Corridor Heartland Rail Corridor National Freight Rail Line Major Highways FedEx Hub UPS Hub Indianapolis 176 miles Cincinnati 107 miles Madison County Franklin County Pickaway County AND BEYOND Located at the population center of the U.S., the Columbus Region provides easy access to major national and global markets. Delaware County Rickenbacker International Airport Rickenbacker International Airport gives businesses a key competitive advantage for gaining access to the global marketplace. A high-speed international, multi-modal logistics hub and strategically planned cargo complex serving several key business segments, including: Licking County International airfreight Cargo airlines Freight forwarders Logistics companies Internet retailers Corporate aviation businesses Manufacturers Distributors Administered by the Columbus Regional Airport Authority, Foreign- Trade Zone #138 encompasses Rickenbacker International Airport, surrounding industrial parks, and a 25-county service area. FTZ #138 is ranked seventh out of the 177 FTZs located in the United States. COLUMBUS LUXEMBOURG HONG KONG Cathay Pacific and Cargolux Cathay Pacific Airways and Cargolux each operate multiple freighter flights a week to Rickenbacker from Hong Kong with U.S.-bound imports. Consolidated Aviation Services (CAS) CAS provides additional import and export warehousing services at Rickenbacker, allowing shippers and their logistics service providers the ability to load cargo directly in Columbus offering connections to Asia and Europe via a complete package of logistics and distribution capabilities. Cargolux Cathay Pacific columbusregion.com

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