FOR SALE 2400 HUNTERS WAY CHARLOTTESVILLE, VA 22911

OFFERING MEMORANDUM

FOR MORE INFORMATIONPLEASE CONTACT

ROB STOCKHAUSEN Managing Director+1 434 284 4004rob.stockhausen@colliers.com

COLLIERS INTERNATIONAL314 E Water St Charlottesville, VA 22902 T +1 434 974 7377 www.colliers.com/virginia

T A B L E O F C O N T E N T S03

THE MARKETSales ComparablesMarket SummaryDemographics

01THE OFFERING Executive SummaryProperty HighlightsKey Lab FeaturesBuilding Photos

Floor Plans

AERIALS & MAPSArea Aerial

Charlottesville’s Biohub

02

EXECUTIVE SUMMARY

KEY LAB FEATURES1

Millipore HPLC water system (in one lab)

5 separate lab areas plus the central QC area2

2 labs have additional dehumidification as well as dedicated air handlers

2 labs have additional mini-split A/C in the labs

3 labs with mesh dropped ceiling to diffuse air flow in the room from HVAC

6 total air handlers 1 Labs are not clean room certified - revisions can be made to reach clean room status2 Additional office space, which was previously a lab area, can be converted back for a total of 6 lab areas

PROPERTY HIGHLIGHTS

ADDRESS 2400 Hunters Way

CITY Charlottesville

STATE VA

PARCEL ID 07900-00-00-004C0

BUILDING SIZE 9,830 SF

LAND AREA 2.75 acres

ZONING LI - Light Industrial

YEAR BUILT 1996; renovated 2002

CURRENT OCCUPANCY 100%

PARKING SPACES 36

BUILDING DESCRITION

FOUNDATION Concrete slab

ROOF Composition shingle

FLOORS

Carpet in offices and breakroom; ce-ramic tile in halls and bathrooms; and vinyl tile in labs, copy room, shipping and assembly rooms

ELECTRICAL 3 phase AMP; full building generator

UTILITIESPublic gas and electricity on site; 1,500 gallon septic tank and 2 wells

ELEVATOR 500 lb freight elevator

HVACHeat pump system for offices and lob-by areas; temperature and humidity controlled systems in labs

1

THE O

FFER

ING

BUILDING PHOTOS

Charlottesville is home to more than 50 life sciences companies and organizations and the region is fast developing a national reputation for drug development and is attracting investment from big pharma and blue ribbon investment firms

While Charlottesville has many office lease listings, there are not many spaces specifically designed for research and development with a laboratory buildout

University of Virginia has been driving innovation with 17 life science ventures since 2014 and a Seed Fund of $10 million for new ventures

1

ORIGI

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UILD

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LAN

FIRST FLOOR ADDITIONADDITION LOCATION

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MECH

ANICA

L LE

VEL &

SECO

ND FL

OOR

SECOND FLOOR PLAN

MECHANICAL LEVEL PLAN

SECOND FLOOR

MECHANICAL LEVEL

BUILDING ELEVANTIONS

AREA AERIAL

2

AERIA

LS AN

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2400 HUNTERS WAY

250Richmond Rd

FLOOR FASHIONS OF VIRGINIA

250

CHARLOTTESVILLE

250

2400 HUNTERS WAY

CHARLOTTESVILLE’S BIOHUB

Peter Jefferson Pkwy

Martha JeffersonHospital

CHARLOTTESVILLE OVERVIEWCharlottesville is nestled in the shadows of the Blue Ridge Mountains in western Central Virginia. Named in honor of Princess Charlotte, the wife of George III, Charlottesville was settled in the 18th century on a hill overlooking the Rivanna River. Today the city proper has a population of more than 42,000 with a metropolitan population nearing 200,000. The City is still infused with the revolutionary ideals of the founding fathers who once called it home. It hails Thomas Jeffer-son’s memory, as it houses his stunning home and 5,000-acre plantation, Monticello, as well as his beloved University of Virginia. As the city’s number one employer, the historic University is an enormous financial asset to the community, providing it with a stable workforce.

The City offers a colorful variety of social, cultural and recreational activities and events. It con-tains 26 parks and an extensive series of walking trails that run through residential areas and the beautiful Rivanna River. An evening walk down city streets will reveal a creative community burst-ing with art, music and theatre. The downtown pedestrian mall is one of the most successful of its kind, boasting over 150 charming shops and award-winning restaurants. Several prominent amphitheaters and arenas often draw headline comedians, actors and musicians to the area. Popular activities among residents include world-class tennis, golf, hiking, ballooning, horseback riding and racing, tubing, fishing, biking, and antiquing. Charlottesville’s central location allows for countless daytrips and weekend getaways. A half-hour west is Skyline Drive, the Blue Ridge Parkway, and Shenandoah National Park, and a three-hour drive to the east brings you to sandy beaches. Richmond, the state capital, is just one hour away by car, and Washington, D.C., is just two hours north. Charlottesville averages over 200 days of sunshine a year. It is continually voted as one of the best places to live and do business in the country. The community has a reputation for having the best of both worlds — a small town atmosphere with convenient access to good jobs, fine dining and shopping.

MARKET SUMMARY AWARDS & RECOGNITION

AMERICA’S SMARTEST CITY

Lumosity.com 2013

#15ROMANTIC CITIES Livability.com 2013

MO

ST

TASTIEST TOWNS IN THE SOUTH Southern Living Magazine 2012

#5

“AMERICA’S BEST INTERGENERATIONAL COMMUNITIES”Met Life & Generations United 2012

ON

E O

F

BEST COLLEGE FOOTBALL TO

WN

Associate Press Readers

U.S. WINE REGIONS GIVING NAPA VALLEYA SERIOUS RUN FOR ITS MONEY Architectural Digest 2017

ONE OF SEVEN

SAFEST MID-SIZED CITIES IN THE COUNTRY

Farmers Insurance

#18

BEST PLACES TO LIVE Livability.com 2017

#5

#15

TASTIEST TOWNS IN THE SOUTH Southern Living Magazine 2012

BEST PLACES TO LIVE Livability.com 2017

#5

CONFIDENTIALITY AGREEMENT

Your receipt of this Memorandum constitutes your acknowledgement that (i) it is a confidential Memorandum solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property, (ii) you will hold it in the strictest confidence, (iii) you will not disclose it or its contents to any third party without the prior written authorization of the owner of the Property (“Owner”) or Colliers International, and (iv) you will not use any part of this Memorandum in any manner detrimental to the Owner or Colliers International.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to Colliers International.

This Memorandum contains select information pertaining to the Property and the Owner, and does not purport to be all-inclusive or contain all or part of the information which prospective investors may require to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any particular purpose. All information is presented “as is” without representation or warranty of any kind. Such information includes estimates based on forward-looking assumptions relating to the general economy, market conditions, competition and other factors which are subject to uncertainty and may not represent the current or future performance of the Property. All references to acreages, square footages, and other measurements are approximations. This Memorandum describes certain documents, including leases and other materials, in summary form. These summaries may not be complete nor accurate descriptions of the full agreements referenced. Additional information and an opportunity to inspect the Property may be made available to qualified prospective purchasers. You are advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK.

The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and negotiations shall be non-binding and neither Colliers International. nor the Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner.

© 2018 Colliers International. All Rights Reserved.

You are solely responsible for independently verifying the information in this Memorandum. ANY RELIANCE ON IT IS SOLELY AT YOUR OWN RISK.

CONTACT INFORMATIONROB STOCKHAUSEN Managing Director+1 434 284 4004rob.stockhausen@colliers.com

Colliers International | 314 E Water St | Charlottesville, VA 22902 T +1 434 974 7377 | F +1 434 974 1909 | www.colliers.com/virginia

FOR SALE 2400 HUNTERS WAY CHARLOTTESVILLE, VA 22911

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s).©2018. All rights reserved.

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