Cambridge Place Marketing Flyer [Four Buildings]

INVESTMENT OPPORTUNITY 

FOR SALE 

MARKETING FLYER 

BUILDING VI 

7,000 SF 

BUILDING II 

6,718 SF 

BUILDING III 

6,928 SF 

BUILDING I 

7,000 SF 

CAMBRIDGE PLACE 

BRIDGEPORT, WV 26330 

OFFICE PARK

EASTPOINTE SHOPPING CENTER 

EMILY DRIVE 

INTERSTATE 79 

EXIT 119 

ROUTE 50 

NORTHWESTERN PIKE 

GABRIEL'S PLAZA 

THOMPSON DRIVE 

THE HOME DEPOT 

1180 W MAIN STREET 


OFFICE PARK 



OFFICE PARK

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06 

08 

16 

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INVESTMENT OVERVIEW 

Introduction of the property including specifications of the buildings, utilities, ingress, 

egress and parking, interior finishes, signage and a site plan. 

TENANT OVERVIEW 

Information on the tenants located within each building. 

BUILDING FLOOR PLANS 

Floor plans and descriptions of each building. 

COMPARABLE SALES 

Comparable sales to the subject property. 

LOCATION OVERVIEW 

Detailed description/aerial photo of the property and its proximity to 

surrounding businesses and locations. 

AERIAL PHOTOS 

Aerial photos of the subject property from different heights and angles. 

CLICK HERE TO VIEW 

CONFIDENTIALITY AGREEMENT 

Financials and other information is available upon submission of a Confidentially Agreement. Click on the link to the 

left to obtain a CA for this property. Please email signed CA's to Murphy Holloway, mholloway@blackdiamondrealty.net 

or David Lorenze, dlorenze@blackdiamondrealty.net.

INVESTMENT OVERVIEW 



• Building I - 7,000 SF 

• Building II - 6,718 SF 

• Building III - 6,928 SF 

• Building VI - 7,000 SF 

Owner will consider selling individual buildings or a combination of buildings. 

SALE PRICE / $3,875,000 

CAP RATE / 8% 

TOTAL NUMBER OF ASSETS / 4 

GROSS BUILDING SIZE / 27,646 SQ FT 

BUILDING CLASS / A 

OFFICE PARK 

MIX OF CREDIT TENANTS – STRONG TRACK RECORD 

Black Diamond Realty is pleased to present four buildings within 

Cambridge Place Office Park, boasting a strong track record and 

a mix of credit tenants. 

Cambridge Place offers Class A finishes, manicured landscaping, plenty of 

surface parking, and all brick façades. With easy access to I-79, this park is the 

ideal location for any business looking for local presence with regional access. 

02 CAMBRIDGE PLACE OFFICE PARK • BRIDGEPORT, WV

Main Entrance to Cambridge Place Office Park 

BLACK DIAMOND REALTY 

03

LOCATION 

Cambridge Place is located within one mile of I-79, Exit 119 (Route 50). The 

property is strategically positioned in the heart of heavy Marcellus Shale activity 

along Route 50. Thompson Drive sees roughly 9,784 vehicles per day (WVDOH, 

2014), while Route 50, located just 0.25 mile south, sees nearly 35,124 vehicles 

per day (WVDOH, 2014). 

UTILITIES 

This property offers all public utilities and city supplied services. Utilities 

include: electricity, gas, water, sewer, phone, and cable. Electric is provided 

by Mon Power, gas is provided by Dominion, and water and sewer are provided 

by the City of Bridgeport. A conduit with a fiber-optic cable encircles Cambridge 

Place allowing access to all available internet and telephone providers. Among 

the companies currently servicing tenants are Comcast, Time Warner, Citynet, 

Verizon and Frontier. Also available are Sudden Link, Hughes Net, Dish, Xfinity, 

AT&T, US Cellular and Sprint. 

INGRESS / EGRESS / PARKING 

Cambridge Place Office Park offers one point of ingress and egress via Thompson 

Drive. The main drive into the complex winds around each building for easy 

access. The roadways and curbing are well-maintained by ownership as they 

are private streets once you enter Cambridge Place. Cambridge Place offers 

ample parking to suit the needs of each tenant. The following parking spaces 

are available for each building. 

PROPERTY SPECIFICATIONS 

Construction of Cambridge Place Office Park began in 2003 with Building I and 

continued with a new building being built each year. The final structure, Building 

VII, was completed in December of 2009. Each building has a poured concrete 

foundation with wire mesh. Framing is wood with 12” block foundation walls. 

The roof is a truss system design with 30 year dimensional shingles over felt, 

ice guard as required. Each building also has heavy duty gage aluminium gutters, 

down spouts, drip edge and trim. The building exteriors are brick veneer with 

Quoined corners and the windows are Anderson Narrowline. Additional 

exterior finishes include: Arched entry porticos with 10” Roman Doric-style 

tapered columns and stick-built Cupolas. All buildings within the park are one-story 

with the exception of Building VII which is two-stories, 4,000 square feet per floor. 

INTERIOR FINISHES 

The flooring varies from building to building and includes carpet, laminate and tile. 

The walls are 5/8” drywall and metal studs over 12” (R-38) fiberglass batt 

insulation. The ceilings consist of lay-in acoustic tiles or drywall with crown moulding. 

Lighting is mostly fluorescent with some recessed and incandescent fixtures. 

SIGNAGE 

A brick sign that reads, “Cambridge Place” is located at the main entrance 

of the park. Additionally, each building is clearly labeled with a large address 

number above the main entrance doors allowing for customers to easily 

locate their destination. 

LOCATION 

BUILDING I 

BUILDING II 

BUILDING III 

BUILDING VI 

AVAILABLE PARKING 

33 Spaces, Two Handicapped 





PROPERTY SITE PLAN 


05

TENANT OVERVIEW 

BUILDING I - DOMINION ENERGY 

BUILDING II - WVDEP 

TENANT SINCE SEPT. 2017 

TENANT SINCE JAN. 2013 

Dominion Energy is one of the nation’s largest producers and transporters 

of energy, with a portfolio of approximately 26,000 megawatts of electric 

generation; 14,800 miles of natural gas transmission pipeline; 51,800 miles 

of natural gas distribution pipeline; 6,600 miles of electric transmission 

lines; and 57,900 miles of electric distribution lines. Dominion operates 

one of the largest natural gas storage systems in the U.S. with 1 trillion 

cubic feet of capacity, and serves more than 6 million utility and retail 

energy customers. The company is built on a proud legacy of public 

service, innovation and community involvement. 

WVDEP (West Virginia Department of Environmental Protection) is a 

statewide operation, headquartered in Charleston, West Virginia. 

Created in 1991, the DEP is responsible for protecting and preserving 

the land, air, water, and public health through enforcement of the 

state's environmental laws. 

BUILDING II - TRANSAMERICA 

TENANT SINCE JUL. 2014 

Transamerica has been helping people feel better about the future 

for more than 100 years. Their responsibility goes beyond insurance, 

investments, and retirement accounts. With headquarters in the 

Netherlands, Aegon operates in more than 20 markets worldwide. 

Transamerica in the United States is the company’s largest operation. 

Aegon’s 29,000 employees support more than 26 million customers 

worldwide. At the end of 2017, the company managed almost €1 trillion 

of investments. 


BUILDING III - DR. JAMIE M. DAY 

BUILDING III - DERMATOLOGY OUTREACH 



Dermatology Outreach is a nurse practitioner owned business with clinics 

throughout several counties in West Virginia. Locations include Bridgeport, 

Fairmont, Weston, Buckhannon, Elkins, Summersville, and Parkersburg. 

DR. JAMIE M. DAY, DDS 

DENTIST 

While all endodontists are dentists, less than three percent of dentists are 

endodontists. Endodontists specilize in the treatment and care of tooth 

pain and the saving of teeth. Dr. Day has an excellent reputation in Harrison 

County and has been a specialists in saving teeth for decades. 

BUILDING III - FUSION TECHNOLOGY 

TENANT SINCE APR. 2014 

Fusion Technology works with the government and private sectors, 

providing a full range of IT services and solutions to ensure national 

security. With decades of experience in the Federal IT space and a 

commitment to excellence, Fusion Technology strives to bring success 

to each of their clients by using industry best practices and best value 

solutions. With over 11 years of business and 228% growth in just two 

years, Fusion Technology is one of the fastest growing small businesses 

in the information technology field. 

BUILDING VI - PROGRESSIVE / GSA 

TENANTS SINCE JUL. 2008 

GOVERNMENT SERVICE 

AGENCY 

The Progressive Group of Insurance Companies has always lived up to its 

name by being one step ahead of the insurance industry, and finding new 

and affordable insurance solutions. With $23+ billion in written premiums, 

Progressive is one of the largest auto insurance groups in the nation. 

GSA (Government Service Agency). Due to privacy restrictions, there is 

limited information available about this tenant. 


07

BUILDING I - 7,000 SQUARE FEET 

SUITE 102 - 7,000 SQUARE FEET 

Suite 102 consists of 7,000 (+/-) square feet and is currently occupied by 

Dominion Energy. The space includes two main entrances, a reception/waiting 

area with high end finishes, 12 offices, two conference rooms, multiple areas 

for cubicles, two men’s and two women’s restrooms each located on either 

ends of the building, one large utility closet and one smaller storage closet, 

a large storage room, a server room and two kitchen/break rooms. 

Finishes in this space include drywall ceilings with recessed lighting, 

dark wood trim, crown moulding, and wanes coating throughout the main 

entrance, front conference room and four offices. Flooring in the main entry 

and front conference room is tile and the four offices is carpet. The remaining 

space consists of drop ceilings with florescent lighting, vinyl tile and carpet. 

All windows have blinds. 


Building I Exterior 

Reception/Waiting Room 

Conference Room 

Kitchen Facilities 


09

BUILDING II - 6,718 SQUARE FEET 


Suite 101 consists of 5,103 (+/-) square feet and is currently occupied by WVDEP. 

The space includes a reception/waiting room, seven offices, one conference room, 

a work area, multiple spaces for cubicles, a large kitchen, separate single men’s 

and women’s restrooms, a file/map area, server room, and a large file/storage 

closet. This space is highlighted blue in the floor plan below. Additionally, there 

is a large concrete patio located off of the kitchen. 

Finishes in this space include a combination of drywall 

and drop ceilings with recessed and florescent lighting. 

Manager offices have dark wood trim with crown 

moulding and wooden shutter blinds. The flooring 

throughout the space is a combination of tile, vinyl, 

and carpet. All windows have blinds. 


Suite 103 consists of 1,615 (+/-) square feet and is currently occupied by 

Transamerica. The space includes a reception/waiting room, three offices, 

a conference room, a large work area, space for file cabinets, separate 

men’s and women’s restrooms, a kitchen, and a large storage/utility closet. 

Finishes in this space include drop ceilings with fluorescent lighting and a 

combination of tile and carpet flooring. All windows have blinds. 


Building II Exterior 

Suite 101 Reception/Waiting Room 

Suite 101 Conference Room 

Suite 101 Kitchen Facilities 


11

BUILDING III - 6,928 SQUARE FEET 

SUITE 106A - 1,337 SQUARE FEET 

Suite 106A consists of approximately 1,337 (+/-) square feet and is currently 

occupied by Dr. Jamie M. Day. The space is highlighted in the floor plan below 

in blue. The space includes a reception/waiting room, pay area, three exam 

rooms, one lab/multi purpose room, one office, kitchen, staff restroom, patient 

restroom, and a mechanical/laundry room. Finishes to this space include drop 

ceilings with florescent lighting and a combination of wood, vinyl tile and carpet 

flooring. All windows have blinds. 

SUITE 106B1 / 106B2 - 2,644 SQUARE FEET 

Suites 106B1 and 106B2 consists of roughly 2,644 (+/-) combined square feet. 

Suite 106B1 is currently available (1,435 (+/-) square feet). The space is highlighted 

in the floor plan below in purple. This space includes two offices and 

an open area for cubicles. Suite 106B2 is currently occupied by Dermatology 

Outreach (1,209 (+/-) square feet). The space is highlighted in the floor plan 

below in orange. This space includes a large partially shared waiting room, 

one office, two exam rooms, and a room for storage. The two spaces share 

an entrance, kitchen, utility closet and two restrooms. Finishes to both 

spaces include a combination of drywall and drop ceilings with recessed 

and fluorescent lighting. Flooring is a mix of tile, vinyl and carpet and some 

of the space has crown moulding. 


Suite 108 consists of approximately 2,947 (+/-) square feet and is currently 

occupied by Fusion Technology. The space is highlighted in the floor plan below 

in green. The space includes a reception/waiting area, file/storage area, seven 

offices, one conference room, an IT room, storage closet, janitorial closet, two 

restrooms and a kitchen. Finishes to the space include a combination of drywall 

and drop ceilings with recessed and florescent lighting, some of the space has 

crown moulding. The flooring is a mix of tile and carpet. All windows have blinds. 


Building III Exterior 

Suite 106A Reception/Waiting Room 

Suite 106B1 Exam Room 

Suite 108 Reception 


13

BUILDING VI - 7,000 SQUARE FEET 


Suite 109 consists of 3,000 square feet and is currently occupied by Progressive 

Insurance. The space includes a secure waiting room, customer conference 

room, reception area, conference room, Telecom room, a large file room, 

kitchen, one office, a large open space with cubicles, two single restrooms, 

janitorial closet and a mechanical room. This space is highlighted blue in the 

floor plan below. 

Finishes to the space include drop ceilings with fluorescent lighting, a mix 

of tile, vinyl and carpet for the flooring, and blinds on all of the windows. 


Suite 111 consists of 4,000 square feet and is currently occupied by GSA 

(Government Service Agency). The space includes a secure waiting room, 

reception area, conference room, seven offices, a file room, data closet, 

open space with cubicles, three single restrooms, and shower/locker room. 

This space is highlighted orange in the floor plan below. 

Finishes to the space include drop ceilings with fluorescent lighting, a mix 

of tile, vinyl and carpet for the flooring, and blinds on all of the windows. 


Building VI Exterior 

Suite 109 Conference Room 

Suite 109 Kitchen Facilities 

Suite 111 Reception/Waiting Room 


15

COMPARABLE SALES 

LEGEND 

990 Elmer Prince Drive 

430 Drummond Street 

120 Medical Park Drive 

224 Spruce Street 

Subject Property 


120 MEDICAL PARK DRIVE, BRIDGEPORT, WV 26330 

SUBJECT PROPERTY 

Square Feet: 47,745 

Year Built: 2012 

Reported Cap Rate: 6.81% 

Sale Date: 1/27/2017 

Price: $15,500,000 

Price per SF: $325 

990 ELMER PRINCE DRIVE, MORGANTOWN, WV 26505 




Sale Date: 11/5/2017 

Price: $6,100,000 


430 DRUMMOND STREET, MORGANTOWN, WV 26505 




Sale Date: 7/27/2017 

Price: $2,280,000 


CAMBRIDGE PLACE, BRIDGEPORT, WV 26330 

100 MAIN STREET, ELKINS, WV 26241 

Square Feet: 8,500 Reported Cap Rate: 8.71% 

Year Built: 2001 Sale Date: 11/28/2017 

224 SPRUCE STREET, MORGANTOWN, WV 26505 

Square Feet: 9,280 Reported Cap Rate: ~8.5% 

Year Built: ~1970 Sale Date: 5/29/2015 

Price: $1,400,000 


Price: $1,100,000 


Square Feet: 

47,246 

Year Built: 

2001-2009 

Cap Rate: 

8.0% 

Market Type: 

Suburban 

Price per SF: 

$159 


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LOCATION OVERVIEW 

HARRISON COUNTY 

Harrison County lies in north central West Virginia and is home to the North 

Central WV Airport which has one of the longest runways in WV (7,000 feet). 

Also in Harrison County are a few of the top national aerospace companies 

including: Lockheed Martin, Bombardier Aerospace, Graftech International, 

Pratt & Whitney, among others. Harrison County produces the most shale 

gas in WV (to date, since drilling began in 2007). 

Major employers in the area also include: United Hospital Center, Federal 

Bureau of Investigation, VA Medical Center, and Marcellus Shale O&G 

service contractors. As of 2015, there were 36,434 people living within a 

5-mile radius. The total daytime population is 45,309 with 24,363 employees 

(MapInfo Pro, 2015). 

POPULATION 

2017 Harrison County Population 

INCOME 

2017 Harrison County Median Household Income 

HOUSEHOLDS 

2017 Harrison County Number of Households 

67,811 

$58,082 

27,493 

1 

1 

1 


OFFICE PARK 

SOURCES 

1 - https://censusreporter.org/profiles/05000US54033-harrison-county-wv/ 

2 - https://investors.lockheedmartin.com/static-files/7e161683-7667-4b26-ad7b-b4a7ea881dea 

3 - http://www.graftech.com/ 

4 - https://wvumedicine.org/united-hospital-center/about-us/ 

5 - https://www.fbi.gov/services/cjis 

Distance to nearby cities: Clarksburg, WV - 5 miles, Fairmont, WV - 17 Miles, 

Morgantown, WV - 34 miles, Uniontown, PA - 59 miles, Pittsburgh, PA - 106 miles, 

Charleston, WV - 125 miles. 


MAJOR LOCAL EMPLOYERS 

• Lockheed Martin is a publicly traded global security and aerospace company. 

• In 2017, they employed approximately 100,000 people worldwide and 

2 

generated net sales of $51 billion. 

• Lockheed Martin operates more than 590 facilities in 50 U.S. states and has 

business locations in more than 50 national territories. 

2 

2 

• GrafTech is a world leader in graphite material science with more than 130 

3 

years of experience in the carbon and graphite industry. 

• GrafTech employs approximately 1,300 people, manufactures products on 

3 

three continents, and works with customers in over 50 countries. 

• As of September 2018, GrafTech announced a net income of $199 million. 

3 

• The new UHC in Bridgeport offers a 692,000-square-foot structure that rises 

eight stories. It is designed around the environment with the patient, family, 

staff and community in mind. 

4 5 

• The acute care facility has 292 private inpatient rooms and 24 observation 

rooms with a medical staff of more than 140 primary care and 

specialty physicians. 4 

• UHC employs more than 2,000 associates and is a member of WVU Medicine. 

4 

• The Criminal Justice Information Services Division (or CJIS) is a division of 

the United States Federal Bureau of Investigation (FBI) located in Clarksburg, 

Harrison County, West Virginia. 

• Their mission is to equip our law enforcement, national security, and 

intelligence community partners with the criminal justice information they 

need to protect the United States while preserving civil liberties. 

5 

• Located in a half million square foot main facility on a 986-acre tract, the 

5 

CJIS is the largest division in the FBI. 


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SURROUNDING AMENITIES 

The aerial photo to the right captures the Cambridge Place Office Park 

location in relation to surrounding retail, restaurants, hotels and office uses. 

This location is within close proximity to many amenities which make the 

site a desirable location for employees commuting to work and business 

travelers and/or clients coming to the area. The businesses in the following 

list coordinate with the locations on the aerial photo on the following page. 

The immediate area boasts a wide variety of big box and specialty 

retailers, local and national chain restaurants and hotels. 

18 

19 

27 35 

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Along I-79, there is a traffic count of 63,860 vehicles per day (WVDOH, 

2014). Referenced with a yellow star, Cambridge Place Office Park is 

positioned 0.5 mile from Route 50 and 0.7 mile from I-79, Exit 119. 

20 

29 

36 

1 

6 

12 

21 

30 

2 

7 

8 

13 

14 

22 

23 

31 

37 

38 

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4 

9 

10 

15 

16 

24 

25 

32 

33 

39 

40 

41 

5 

11 

17 26 

34 

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The Home Depot 

WV Junior College 

Ollie's Bargain Outlet 

Gabriel's 

Big Lots 

Best Western Plus 

Walgreens 

Sleep Inn 

Days Inn 

Towne Place Suites by Marriott 

SpringHill Suites by Marriott 

Wendy's 

Med Express 

Panera Bread 

Taco Bell 

Sally Beauty, Rent-A-Center 

Kroger 

KFC 

Starbucks 

Long John Silver's 

AC Moore 

Tractor Supply 

Texas Roadhouse 

United States Postal Service 

Primanti Brothers 

Kohl's 

Chic-fil-A 

McDonald's 

Denny's 

Pier 1 

Shoe Carnival, Tuscan Sun 

Salon & Spa 

Lowe's 

Ruby Tuesday 

Arby's 

Applebee's 

Staples, Ashley Home Store, 

Party City, GameStop, Subway, 

AT&T Store 

Walmart Supercenter 

Burger King 

Hilton Garden Inn 

bfs Gas Station, Tim Horton's 

Star Furniture 

ALDI 


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BRIDGEPORT, 

WEST VIRGINIA 

Bridgeport, WV is conveniently located in North Central West Virginia, just two hours north of the state 

capital, Charleston, WV and two hours south of Pittsburgh, PA. Bridgeport, WV is a growing and diverse 

community and economic indicators project the city will continue to grow for decades to come. As more jobs 

come to Bridgeport, local businesses and industry will thrive and population will continue to grow. 


STATISTICS AND GROWTH 

PROJECTIONS 

68,714 

TOTAL POPULATION 

As of July 1, 2015, Harrison County had an estimated total population of 68,714. Bridgeport ranks in the 

upper quartile of the Diversity Index when compared to the other cities, towns and Census Designated 

Places (CDPs) in West Virginia. 

230 JOBS 

ADDED IN GOVERNMENT SECTOR 

The government sector will expand in the region due to the presence of the FBI complex in 

Bridgeport, which has announced that it will add more than 230 jobs in the next two years, as 

well as other government agencies located along the I-79 high tech corridor. 

OVERALL JOB 

GROWTH 

Harrison County reported the highest average income in the region at $44,600 per person, a number that 

is expected to grow. Job growth is projected to reach 0.7% annually, higher than the state-wide average of 0.5%. 

$76,000 

MEDIAN HOUSEHOLD INCOME 

Households in Bridgeport earn a median yearly income of $76,050 and 61.16% of the households 

earn more than the national average each year reported by IncentivesMonitor.com 

(2016). 

462 

BUSINESSES 

Bridgeport has a total of 462 businesses. In 2016, the leading industries in Bridgeport were retail, rrofessional, 

scientific and technical services, health care and social services, accommodation and food services. 


23

View of Cambridge Place Facing East 


View of Cambridge Place Facing North 

View of Cambridge Place Facing Southeast 

View of Cambridge Place Facing Southwest 


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CLICK HERE TO VIEW 

CONFIDENTIALITY 

AGREEMENT 

Financials and other information 

is available upon submission of a 

Confidentially Agreement. Click 

on the link above to obtain a CA 

for this property. Please email 

signed CA's to Murphy or David. 

CONTACT 

BLACK DIAMOND REALTY LLC 

1399 Stewartstown Road, Suite 300 

Morgantown, WV 26505 

P. 304.413.4350 F. 304.599.3285 

BlackDiamondRealty.net 

Mark J. Nesselroad, Broker 

mjnesselroad@blackdiamondrealty.net 

David Lorenze, Principal 

dlorenze@blackdiamondrealty.net 

Murphy Holloway, Associate 

mholloway@blackdiamondrealty.net 

* All information is believed to be accurate 

but not guaranteed. More information is 

available upon request.

Cambridge Place Marketing Flyer [Four Buildings]

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