Market Overviews

Market OverviewsICSC 2013 Ohio/West Virginia/Indiana/Western Pennsylvania

Idea ExchangeAugust 2013

Presented By: Bob GoldVice President, CBRE

Market Fast Facts• Population – 1,855,364• Growing Areas

• Morgantown, Bridgeport, Clarksburg, Charleston

• Major Employers• Wal Mart, West Virginia United Health

System, Charleston Area Medical Center, Kroger, Consolidation Coal Company, Mylan Pharmaceuticals, Inc.

• Regional Draws• West Virginia University

Robert Gold, CBREVice President412 316 2397robert.gold@cbre.com

West Virginia

West Virginia’s 10 Largest Sub-Markets

Huntington (WV), Ashland

(KY)

Charleston

Parkersburg (WV)Marietta (OH)

MorgantownMartinsburg

Wheeling (WV), St

Clairsville (OH)

Beckley

Bluefield

FairmontClarksburg/Bridgeport

WV Market DevelopmentNew Projects Statewide

• The Gateway / Morgantown• UTC Phase II / Morgantown• Suncrest Towne Ctr II / Morgantown• Plaza at Morgantown Mall /

Morgantown• White Oaks / Clarksburg - Bridgeport• Clarksburg 50 Commons / Clarksburg• Newpointe Development / Clarksburg• Cabela’s / Charleston• Plaza at Grand Central Mall / Vienna• Martinsburg Mall / Martinsburg• Lowe’s Plaza / Buckhannon

WV University

New Business Park Development Proposed

Interchange

The Gateway

University Towne Centre

UTCPhase II

Morgantown

• New Interchange Planned for 2015

• Baseball Park

• Retail Pads Available

• Business Park

• University Towne Centre Phase II

• Morgantown Mall Pad Development

White Oaks

Charles Pointe

Meadowbrook Mall

Emily Drive

Clarksburg

Clarksburg 50 Plaza

Martinsburg Mall

Charleston

• Cabela’s – 2nd in WV

• 6 Outlots

• Existing Home Depot, Restaurants and Hotel

2013/2014 Retailers ExpandingFitness Sporting Goods

Furniture Mattress Convenience Stores

2013/2014 Retailers ExpandingPharmacy / Health Coffee

Grocery Discounters / Dollar Stores

2013/2014 Retailers Expanding in West Virginia

2013/2014 Restaurants Expanding

QSR

Fast Casual / Family Dining

Casual Dining

2013 / 2014 RestaurantsExpanding in West Virginia

Regional Malls are re-TenantingHigh Investment Activity – National Investors Discovering WVSmart Development • Pre-Leasing• Smaller ProjectsLow Vacancy• High Demand• Higher Land & Development CostsMarcellus Shale Fueling Retail, Restaurant Sales & Hotel Expansion

Summary

Link to ICSC website where presentations and tenant info can be

found