Union Square OM

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LEAD AGENTS

JORDAN DICKMAN

First Vice President Investments

Cincinnati Office

D. 513.878.7735

NICK ANDREWS

First Vice President Investments

Cincinnati Office

D. 513.878.7741

nicholas.andrews@marcusmillichap.com

jordan.dickman@marcusmillichap.com AUSTIN SUM

Senior Associate

Cincinnati Office

D. 513.878.7747

austin.sum@marcusmillichap.com

YOUR TEAM

JORDAN DICKMAN

FIRST VICE PRESIDENTS DIRECTOR, NMHG

NICK ANDREWS

FIRST VICE PRESIDENTS DIRECTOR, NMHG

AUSTIN SUM

SENIOR INVESTMENT ASSOCIATE

BRIAN JOHNSTON

INVESTMENT ASSOCIATE

AUSTIN HALL

INVESTMENT ASSOCIATE

ALDEN SIMMS

INVESTMENT ASSOCIATE

BROKER SUPPORT

SAM PETROSINO

VALUATION & RESEARCH

SKYLER WILSON

CLIENT RELATIONS MANAGER

CORPORATE SUPPORT

LIZ POPP

MIDWEST OPERATIONS MANAGER

JOSH CARUANA

VICE PRESIDENT

REGIONAL MANAGER

INDIANAPOLIS | CINCINNATI | LOUISVILLE |

ST LOUIS | KANSAS CITY

JOHN SEBREE

SENIOR VICE PRESIDENT

NATIONAL DIRECTOR

NATIONAL MULTI HOUSING GROUP

MICHAEL GLASS

SENIOR VICE PRESIDENT

MIDWEST DIVISION MANAGER

NATIONAL DIRECTOR, MANUFACTURED

HOME COMMUNITIES GROUP

BRITTANY CAMPBELL-KOCH

DIRECTOR OF OPERATIONS

ALEX PAPA

MARKETING COORDINATOR

AB TRACK RECORD 01

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TRACK RECORD

AB Contracting, Inc. is Ohio’s premier multi-family developer. We are your source for residential, commercial, and industrial structures. We have been building custom homes and businesses throughout West Virginia and Ohio for over 30 years. Our experience is evident in each job we undertake. The AB Contracting Team brings their knowledge and skill to each job. We strive to provide each customer with a quality product and exceptional customer service.

CURRENT COMMUNITIES

THE LANDING BRIDGEPORT, WV PAGE 13

900 ON LEE CHARLESTON, WV PAGE 8

HIGHLAND PARK TRIADELPHIA, WV PAGE 9

SUGAR MAPLE RIDGE MORGANTOWN, WV PAGE 11

THE DISTILLERY ASHEVILLE, OH PAGE 10

THE BEND AT MEADOW VALLEY HURRICANE, WV PAGE 12

900 ON LEE

65 | UNITS

2022 | YEAR BUILT CHARLESTON | WEST VIRIGNIA

900 on Lee is located in Charleston, West Virgina. 900 on Lee unveils an exceptional portrait of living with 1- and 2-bedroom apartment units for rent. This unique fusion of style and sophistication, makes the apartment residences reflect contemporary flair. When residences live at 900 on Lee, their address says it all.

65 | UNITS

2022 | YEAR BUILT CHARLESTON | WEST VIRIGNIA

HIGHLAND PARK

Overlooking West Virginia’s beautiful and majestic mountains, Highland Park offers one and two bedroom luxury apartments for rent as well as three bedroom townhomes for rent. It is conveniently located near shopping and dining off of exit 10 in the Triadelphia – Wheeling West Virginia area. Whether you’re an outdoor enthusiast, busy professional or empty nester, Highland Park has something to fit your lifestyle! Highland Park features a clubhouse equipped with a 24-hour fitness center and a community room, an outdoor pool for those hot summer days, children’s playground area with grill stations, and a half basketball court with Versa Court technology.

AMENITIES

CLUBHOUSE

COMMUNITY ROOM

PLAYGROUND

FIRE PIT AREA

HALF BASKETBALL COURT

FITNESS CENTER

SWIMMING POOL

GRILLING STATIONS

WALKING TRAILS

THE DISTILLERY

The Distillery is the newest luxury community located in Asheville, Ohio. Offering 1-, 2- and 3-bedroom floor plans. At The Distillery, apartments are designed to meet your lifestyle needs. The Distillery offers exceptional amenities including a clubhouse that features a fitness room, movie theater, lounge area, and an outdoor swimming pool with a splash pad. It is one of the few pet-friendly communities in the area that not only cater to residents, but to their pets as well. If it is swimming, working out, playing a game of pickle ball, having coffee, or enjoying a community event, you can do it here.

SUGAR MAPLE RIDGE

Sugar Maple Ridge offers multiple floorplan to suit a variety of styles and needs. Detached homes, one level living, patio homes and townhomes! Quality finishes, granite counters, and stainless steel appliances come standard in every home.

2022 | YEAR BUILT

MORGANTOWN | WEST VIRIGNIA

AMENITIES

FITNESS CENTER

YOGA & BOXING STUDIO

HEATED SALTWATER POOL

PLAYGROUND

FIRE PIT

GAZEBO

CLUBHOUSE

BASKETBALL COURT

WALKING TRAILS

BEND AT MEADOW VALLEY

Rustic and Chic, This Patio and Townhome Community has open floor plan options, select customizations and main level owners suites.

55 STEVE CIRCLE HURRICANE, WEST VIRGINIA

THE LANDING

Offering 1- and 2-bedroom floor plans. At The Landing its brought all to you with apartments designed to meet your lifestyle needs. The Landing offers exceptional amenities including a clubhouse that features a fitness room, pickle ball court, lounge area, and an outdoor swimming pool. It is one of the few pet-friendly communities in the area that not only cater to their residents, but to residences pets as well. If it is swimming, working out, playing a game of pickle ball, having coffee, or enjoying a community event, you can do it here.

AMENITIES

CLUBHOUSE

FIRE PIT

PLAYGROUND

FITNESS CENTER

POOL

CONFERENCE ROOM

LOUNGE

MAIL ROOM

SALE COMPS 02

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Units 166

Occ at Sale 64%

Sale Price $33.7M

Price per Unit $203,253

Sale Date June 17th 2020

CORTLAND POWELL

Units 308

Occ at Sale 92%

Sale Price $70.8M

Price per Unit $229,870

Sale Date December 18th 2020

ALEXANDER PARK

Units 204

Occ at Sale 97%

Sale Price $48.5M

Price per Unit $238,088

Sale Date April 18th 2022

THE ASSET 03

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INTERIOR AMENITIES INCLUDED

CLUBHOUSE

LOUNGE

BUSINESS CENTER

PET WASH

FITNESS CENTER

YOGA STUDIO

MOVIE THEATER

CONFERENCE ROOM

MAIL CENTER

GOLF SIMULATOR

BILLIARD TABLES

129

ONE BEDROOM

120

TWO BEDROOM

6

THREE BEDROOM

EXTERIOR AMENITIES INCLUDED

PICKLE BALL COURTS

DOG PARK

GRILL & PICNIC AREA

FIRE PITS

PLAYGROUND

HALF BASKETBALL COURT

SWIMMING POOL

GAZEBO WITH TV

PUTTING GREEN

KEY FOB ENTRY

POTENTIAL AMENITY FINISHES

POTENTIAL UNIT FINISHES

THE LOCAL COMPS 04

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LOCAL RENTAL COMPETITORS SUMMARY

RESIDENCE AT WOODSIDE

The Residences at Woodside Apartment Homes offers many great amenities to make sure you enjoy your time here with us! Stay active at our 24-hour fitness center or spend

MARYSVILLE FLATS

Take your standard of living to the next level at Marysville Flats Apartments. We are a brand-new state-of-the-art multifamily community located in Marysville, Ohio featuring

WATKINS GLEN APARTMENTS

Watkins Glen apartment homes combine luxury and affordability to create the ideal place to call home in the heart of Marysville, moments from shopping, dining and recreation. With a

LOCATION

LOCAL COMPETITORS

Understanding real estate comparables and the state of the market in your local area is essential. It can help you make an informed decision about buying or selling a property.

RESIDENCE AT WOODSIDE

MARYSVILLE FLATS

WATKINS GLEN APARTMENTS

THE MARKET 05

HH INCOME

$79,016

MEDIAN PROPERTY VALUE

$206,700

MEDIAN AGE

27

POPULATION

24,569

POPULATION CHANGE (1 YEAR GROWTH)

+3.2%

HOMEOWNERSHIP RATE

69.4%

MARYSVILLE EMPLOYMENT

Marysville Ohio Surgical Center

• Operates a multi-specialty ambulatory surgical center.

• Medium health care company with 706 employees and an annual revenue of $83.0M that is headquartered in Ohio.

UCO Industries

• Document Shredding | Warehousing | Light assembly projects

• Small technology organization with 125 employees and an annual revenue of $50.0M.

Intel

• Intel has said it will invest at least $20 billion in its facility, which will churn out computer chips. (To be located in New Albany).

• When the two factories, known as fabs, open in 2025, the facility will employ 3,000 people with an average salary of around $135,000.

AMIC The Automotive & Mobility Innovation Center (33 Innovation Park)

• The AMIC offers world-class space, amenities, and resources to those developing, testing, and implementing smart mobility technologies.

• The AMIC is a publicly-supported smart tech incubator designed to connect start-ups, established business, researchers, educators, and government to advance new technologies that will disrupt the world.

• The AMIC leverages data, fiber, expertise, talent, and pioneering leadership to chart a course for those who are developing technologies that will disrupt the way the world lives, travels, consumes, and conducts business.

• 18,000 SF facility located at Marysville’s 33 Innovation Park

NESTLÉ DEVELOPMENT CENTER

• In 1948, Nestlé opened a research and development center in the West neighborhood

• NDC Marysville has worked on the innovation and renovation process for pure soluble coffee. They focus on coffee extraction, aroma and texture.

• NDC Marysville also handles the development of many Ready to Drink Beverages and Ready to Use Creamers.

HONDA MARYSVILLE

OHIO SURGICAL CENTER

NESTLE MARYSVILLE

SCOTTS CORPORATE

SHOPPING & RETAIL

DRIVE TIME

25 MINS 30 MINS

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15 MINS 1 MINS

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THE DEVELOPMENTS 06

OHIO’S 33 SMART MOBILITY CORRIDOR

The 33 Smart Mobility Corridor is a prime location for the testing of connected vehicle technology.

Along the corridor lies rapidly growing, top-rated, and internationally-recognized suburban and exurban communities. It is here where you will find one of the largest concentrations of advanced manufacturing, logistics, and automotive integrators in the Midwest. Here, industry works collaboratively with government and academia to safely test the future of transportation technology. And we’re just getting started.

“At the Ohio Department of Transportation, safety is our first priority. The technology solutions that have and will be tested on the 33 Smart Mobility Corridor will save lives. As we develop the transportation system of the 21st century, Ohio will be present in a smart mobility future that will support the companies and jobs to help Ohioans succeed in an ever changing economy. The Beta District is an important partner as we work to improve the quality of life for all Ohioans.”

– Jack Marchbanks, Ph.D.,

70+

Automotive Companies

#2

Area In The U.s. For Auto Production

$15 Million

Odot Fiber Network Installation

$5.9 Million

Usdot Smart Infrastructure Grant

$45 Million

Trc Smartcenter

$3.4 Million

Local (Marysville) Matches

$100m

Invested In Smart Infrastructure

$6m

By The Us Department Of Transportation

Unveiling

SCOTTS MIRACLE-GRO

The building will include 10,000 square feet of office space, with the remaining 1.29 million square feet to be utilized for product storage. Products will be stored up to 40 feet high, which is the new standard specification for regional and national distribution storage space, according to a press release. The facility also will include 120 dock doors, more than 230 trailer parking spots and on-site scales.

The project will create between 40 and 50 new jobs, Scotts Chief Communications Officer Tom Matthews said. The company hopes to fill those positions this summer, and will perform direct hiring rather than contracting through third-party providers.

• The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where OM Scott began selling lawn seed in 1868.

• Revenue of $3.9B

• Number of employees: 6,500

• ScottsMiracle-Gro is building a 1.3-million-square-foot warehouse on an 84-acre Marysville site that will allow the horticulture company to consolidate some of its distribution operations.

Scotts is investing $2.9 million into the project. That investment is primarily tied to equipment, furnishings, security, IT and other elements necessary to operate the facility, Matthews said. The project also received a property tax abatement and a roadwork grant to help defer costs.

The distribution center will combine five locations Scotts utilizes for warehousing across Central Ohio, including facilities in Reynoldsburg, Delaware, West Jefferson, Marion and Ontario. Matthews said these sites are operated by third-party logistics providers, so the company did not own or lease them. Scotts’ warehouse handling agreements with these companies are expiring, so Matthews said the time was right to launch a new distribution center to complement their existing operations.

Scotts Fertilizer

Scotts New Warehouse Overview

HONDA PLANT

• The first U.S. auto plant established by a Japanese automaker, the Marysville Auto Plant (MAP) began production of Accord on November 1, 1982, three years after Honda started U.S. motorcycle production on September 10, 1979. MAP has the largest vehicle production capacity of any Honda auto plant in the U.S. and has produced more than 14.4 million vehicles through 2020.

• The company employs 7,000 people .

• Honda manufacturing facility is located approximately six miles northwest of Marysville, Ohio, and 42 miles northwest of Columbus, Ohio, near the intersection of US 33 and State Route 739.

• It is one of the most integrated and flexible auto plants in North America. Operations include stamping, plastics injection molding, welding, painting, sub-assembly, and assembly. The assembly plant opened in 1982.

• Honda has done $5.4b of capital investment in Marysville

• Last October, Honda announced that it would invest $700 million to retool several existing assembly and powertrain plants to establish the new EV hub, to prepare for the production of battery electric vehicles in 2026.

• Honda will shift the Marysville assembly plant production of the Accord sedan to the production of electric vehicles and electric vehicle parts. The move is not expected to reduce Honda employment in Ohio. Honda announced in October it will build a new $3.5 billion plant that will make batteries for electric vehicles near Jeffersonville in Fayette County.

7,000 Employees $5.4B Capital investment $700M Upgrades to Assembly $3.5B New Plant Cost

EASE LOGISTICS

REVITALIZES LANDMARK BUILDING IN DUBLIN

EASE Logistics, a multi-operational supply chain and transportation solutions provider, has announced plans to expand its operations by restoring a local landmark building in Dublin, Ohio, for its new global headquarters. The company will invest more than $25 million for real estate, repairs and sustainability measures, in addition to $7 million in payroll to create 140 full-time jobs across all departments, including sales, account operations, marketing, accounting and IT. EASE Logistics currently has more than 170 full-time employees in Dublin, and this latest investment will nearly double its local workforce.

The Columbus Region is a global logistics hub that supports some of the world’s largest brands and top logistics service providers, making it a critical link in industrial and consumer supply chains. The Region’s location gives companies access to more of the U.S. population and employment base than any other major metro area, providing unmatched accessibility. Within a day’s drive, you can reach 151 million people and 42,100 headquarters – that’s 46% of the country’s population base and 48% of headquarter operations.

AMTRAK EXPANSION

• The expansion of Amtrak in Ohio is not a new conversation. But the current plans have a stronger push than in the past, and William Murdock, Executive Director of the Mid Ohio Regional Planning Comission, is very optimistic about the progress so far. One application is for the 3C+D line that would link Cleveland, Columbus, Dayton and Cincinnati, while the other is for a Chicago to Columbus to Pittsburgh route. If built as planned, the two lines would intersect at the Columbus Convention Center.

• In February, the previously reported population growth projection of three million Central Ohio residents by the year 2050 was updated to 3.15 million . Murdock stated that part of the increased growth pattern is due to the Intel investment.

• “We looked at other communities around the country when they’ve had big projects like Intel, and it showed about a 5% increase,” he explained. “It doesn’t sound like a lot, but that’s 150,000 people. That means that from now through 2050, we’re expecting about three quarters of a million new people.”

• Murdock added that these types of forecasting studies have a range to them, so the final numbers could be a bit higher or lower, and the growth could happen faster or slower, which depends on a wide variety of factors.”

4 CITIES

33 INNOVATION PARK

• $8.9 million project has already commenced, completed in Q4 2021.

• Understanding a less than 2% industrial space vacancy in the community, the City identified and partnered with the Southgate Corporation to develop the first speculative multi-tenant industrial building in the Park.

• The new 33 Innovation Park in Marysville, Ohio, offers numerous attractive options for companies seeking the perfect business address in the Columbus Region and America’s Innovation Belt.

An 84,000-square-foot multi-tenant industrial space in Marysville’s 33 Innovation Park will be finished and ready for occupancy by mid-August.

The Class A building will be one of two buildings developed by Southgate Corp. in Marysville’s 33 Innovation Park, said Robert O’Neill, president and owner of Southgate. Construction on the second building will begin after the first one is leased.

“It’s desirable because of the growth of Marysville, and it’s desirable because of the opportunity to build something new in the Marysville market that’s not currently there,” O’Neill said.

Both buildings are backed by a $1.85 million grant from JobsOhio Ohio Site Inventory Program, O’Neill said. The Ohio Site Inventory Program offers grants and low-interest loans to developers building speculative properties, or buildings without an identified tenant, according to its website.

As part of the JobsOhio grant, Southgate committed to pursue manufacturing and innovative technology, O’Neill said. Southgate is the first developer to build a speculative building in the Marysville park.

O’Neill said he hopes the Smart Mobility Corridor that runs between Columbus and Marysville will attract companies. Mike Spencer, Todd Spencer and Alex Kuniega of Lee & Associates are handling leasing for it.

Eric Phillips, economic development director for the city of Marysville and Union County, said the city invested about $7 million into the park, which sits on 206 acres of land, with the goal that the space will be used for advanced manufacturing, automotive, research and development and agricultural science.

“This is something that the region needs in general. I think we’re fulfilling a need,” Phillips said. “This is space that’s really needed and we’re really excited about more opportunities, creating jobs, more investment in the community. There’s a lot of opportunities there.”

THE FINANCIALS 07

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UNIT DISTRIBUTION

UNIT RENTS

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