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OWENS CORNING DISTRIBUTION CENTER - Transwestern

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<strong>OWENS</strong> <strong>CORNING</strong> <strong>DISTRIBUTION</strong> <strong>CENTER</strong> | 2710 Laude Drive7Site Map6,200 8,00020,600MANUFACTURINGFACILITY<strong>DISTRIBUTION</strong><strong>CENTER</strong>20,000


8Long Term Net Leased Property For Salewww.transwestern.net/chicagoSite Survey


<strong>OWENS</strong> <strong>CORNING</strong> <strong>DISTRIBUTION</strong> <strong>CENTER</strong> | 2710 Laude Drive9Tenant OverviewOwens Corning Foam Insulation, LLC is a whollyowned subsidiary of Owens Corning, which wasfounded in 1938 and is headquartered in Toledo,Ohio. Owens Corning is a world leader in buildingmaterials systems and composite solutions. AFortune 500 company for more than 50 years,Owens Corning produces insulation, roofing,siding, manufactured stone and asphalt productsfor residential and commercial markets. Thecompany’s glass composite materials are used toenhance performance in transportation, electronic,telecommunications and consumer applications.With operations in 26 countries, Owens Corning isa leading innovator of glass fiber technology withsales of $5.3 billion in 2011 and 15,000 employeesworldwide. Owens Corning is a publicly tradedcompany on the NYSE under the symbol OC. OwensCorning is currently rated BBB- by S&P with a stableoutlook.TENANT OVERVIEWTenantLease GuarantorOwnershipTicker SymbolExchangeSalesCredit Rating (S&P)HeadquartersWebsiteOwens CorningFoam InsulationOwens CorningCorporatePublicOCNYSE$5.3 BillionBBB- StableToledo, Ontarioowenscorning.com


10Long Term Net Leased Property For Salewww.transwestern.net/chicagoLocation OverviewDescriptionRockford, IL is located 89 miles northwest of Chicago’s Central Business District on the banks ofthe Rock River and was founded in 1852. Rockford was once a sleepy country village and now is thecounty seat of Winnebago County. As of 2010, Winnebago County had a population of 295,266,which is a 6.1% increase from 2000. In 2010, Rockford had a reported population of 152,871. Thepopulation grew by 1.8% from 2000 through 2010. Rockford spans over 61 square miles and is hometo several museums and performing arts venues. The Rock River runs through the heart of Rockfordand provides residents a continuous source of activity ranging from biking, boating, canoeing, fishingand water skiing. Residents also can catch professional baseball, ice hockey and soccer games.BusinessAccording to the 2007 census, retail sales in Rockford exceeded $2.2 billion. The economy of Rockfordis divided between manufacturing and industry, high-technology business, tourism generated bymuseums and its park system, and the westward growth of the Chicago metropolitan area. Thefollowing industries do business in Rockford: Aerospace Production, Alternative Energy, ChemicalManufacturing, Customer Service Centers, Food Processing, Healthcare, Industrial Machine Manufacturing,Logistics, Metals Manufacturing, and Rail-Related Manufacturing. Rockford is part of the3rd largest multi-modal system in the world and the largest in the U.S. From the Rockford area,business can reach 80% of U.S. households within a 24-hour truck drive. The I-39 corridor is pavingthe way for industrial growth in Rockford due the abundance of interstates, rail lines and airports.Rockford is committed to economic growth. The city is spending over $270 million on capitalimprovements on infrastructure programs such as improving local streets and major bridges. Inaddition to infrastructure, Rockford is designating retail, industrial and residential TIFS to continueeconomic growth.AirportThe Chicago Rockford International Airport is the 2nd fastest growing air cargo airport in the U.S.and the 19th fastest growing air cargo airport in the world.Rockford is home to one of the seven domestic air hubs for the United Parcel Service.Highways and InterstatesRockford is accessible by interstates, state and federal highways. The interstates are I-39, I-90, I-88and I-43. The federal highways are US 20, and US 51/251. The state highways are 2, 26, 38, 64, 70, 72,75, 76, and 173.LOCATION OVERVIEWCityRockfordStateIlliniosMetro AreaRockford, Winnebago CountyPopulation 295,266


<strong>OWENS</strong> <strong>CORNING</strong> <strong>DISTRIBUTION</strong> <strong>CENTER</strong> | 2710 Laude Drive11Demographic ReportLARGEST EMPLOYERS IN ROCKFORD, ILEmployerNo. EmployeesRockford Public School System 4.800Swedish American Hospital 2,600Chrysler 2,600Rockford Health System 2,500Hamilton Sunstrand 2,200OSF St. Anthony Medical Center 2,000United Parcel Service 2,000County of Winnebago 1,602Woodward 1,200City of Rockford 1,135POPULATION0 - 1 miles 0 - 3 miles 0 - 5 miles2011 Estimated Population 10,284 73,047 146,9392016 Projected Population 10,140 73,185 148,1552000 Census Population 10,687 73,405 145,3041990 Census Population 10,638 72,872 142,523HOUSEHOLDS0 - 1 miles 0 - 3 miles 0 - 5 miles2011 Estimated Households 4,292 30,127 58,0262016 Projected Households 4,272 30,166 58,4092000 Census Households 4,402 30,444 57,7971990 Census Households 4,274 30,387 56,3672011 Estimated AverageHousehold Size2.38 2.4 2.482011 Estimated MedianHousehold Income2011 Estimated AverageHousehold Income2011 Estimated PerCapita Income2011 ESTIMATED HOUSEHOLD INCOME0 - 1 miles 0 - 3 miles 0 - 5 miles$40,567 $37,792 $40,312$44,631 $45,707 $51,217$18,648 $18,965 $20,5092011 Estimated Median Age 35.69 35.94 36.692011 Estimated Average Age 36.56 36.92 37.73


TRANSWESTERN CHICAGO200 West Madison StreetSuite 3300Chicago, IL 60606Marc ImremManaging Director312.881.7066marc.imrem@transwestern.netAndrew WatsonManaging Director312.881.7065andrew.watson@transwestern.net

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