Marketing Package, Former Gateway Campus (No Rent Roll), 6-11-16

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Investment Contacts
Jere Hench, SIOR
Colliers International
Senior Vice President
+1 408 282 3832
jere.hench@colliers.com
Chris Bogenrief, SIOR, CCIM
NAI United
President
+1 712 204 6261
chris@naiunited.com
Local Contact
Former Gateway Campus
610 Gateway Drive
North Sioux City, SD 57049
John Brackett
Cushman & Wakefield
Managing Director
+1 408 200 8818
john.brackett@cushwake.com

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3 Disclaimer
4 Section 1
The Summary
5 Section 2
The Asset
49 Section 3
The Market
52 Section 4
The Financials
Table of
Contents

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Colliers International, Cushman & Wakefield & NAI
United (Broker) have been retained by Acer, Inc.
(Owner) as the exclusive broker for 601 Gateway
Drive, North Sioux City, SD 57049
This Offering Memorandum has been prepared by
Broker for use by the principal (“Principal”) to whom
Broker has provided this Offering Memorandum.
The use of this Offering Memorandum and the
information provided herein is subject to the terms,
provisions and limitations of the Confidentiality
Agreement furnished by Broker and executed by
Principal prior to delivery of this Offering
Memorandum. Although the information contained
herein is based upon sources believed to be
reasonably reliable, Owner and Broker, on their own
behalf, and on behalf of their respective officers,
employees, shareholders, partners, directors,
members and affiliates, disclaim any responsibility
or liability for inaccuracies, representations and
warranties (expressed or implied) contained in, or
omitted from, the Offering Memorandum or any
other written or oral communication or information
transmitted or made available to the recipient
of this Offering Memorandum. In amplification of
and without limiting the foregoing, summaries
contained herein of any legal or other documents
are not intended to be comprehensive statements
of the terms of such documents but rather only
outlines of some of the principal provisions
contained therein, and no representations or
warranties are made as to the completeness and/or
accuracy of the projections contained herein.
Prospective purchasers of the Property should make
their own investigations and conclusions without
reliance upon this Offering Memorandum, the
information contained herein or any other written
or oral communication or information transmitted
or made available. Additional information and an
opportunity to inspect the Property will be made
available upon written request by interested and
qualified prospective purchasers.
Owner expressly reserves the right, exercisable in
Owner’s sole and absolute discretion, to withdraw
the Property from being marketed for sale at any
time and for any reason. Owner and Broker each
expressly reserves the right, exercisable in their sole
and absolute discretion, to reject any and all
expressions of interest or offers regarding the
Property and/or to terminate discussions with any
entity at any time with or without notice. Broker is
not authorized to make any representations or
agreements on behalf of Owner. Owner shall not
have any legal commitment or obligation to any
entity reviewing this Offering Memorandum or
making an offer to purchase the Property unless and
until a written agreement for the purchase and sale
of the Property has been fully executed, delivered
and approved by Owner and the other party thereto
and any conditions to Owner’s obligations
hereunder have been satisfied or waived. If you
have no interest in the Property at this time, return
this Offering Memorandum immediately to:
Chris Bogenrief
302 Jones Street, Suite 100
Sioux City, IA 51101
chris@naiunited.com
Disclaimer

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The former Gateway Computer campus is 746,000 square feet (sf),
consisting of 460,000 sf of corporate office/call center space,
222,000 sf of warehouse/distribution/manufacturing space and
64,000 sf of amenity/common area/data center space, situated on
a 76.23 acre site.
This campus, located in North Sioux City, South Dakota, enjoys
one of the best business climates in the nation, yet has all the
amenities of the Sioux City IA‐NE‐SD metropolitan area with a
population of 168,000.
This campus is ideal for an end user looking for a low‐cost facility
with ample room for expansion. The end user can get immediate
cash flow from the existing tenants, while retaining flexibility for
its own growth.
The campus could also prove to be profitable for an investor
interested in splitting the multiple buildings into condominiums
by property type, creating more palatable sizes for end users.
Summary
Former Gateway
Computer Campus

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The
Asset
8
Overview
Address
610 Gateway Drive
North Sioux City, South Dakota
Property PID#
05.26.10.1025
Years Constructed
1989 – 1997, Steel frame with metal façade.
Assessed Value, 2016
$6,420,290.00
Property Description
5 buildings totaling 746,118 sf on 76.23 acres.
4,239 parking spaces (ratio of 1:176)
Current Occupancy
29%
Estimated Replacement Cost
$74,611,800.00 @ $100 psf

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The former Gateway Computer campus is 746,000 square feet (sf), consisting of 460,000 sf of corporate
office/call center space, 222,000 sf of warehouse/distribution/manufacturing space and 64,000 sf of
amenity/common area/data center space, situated on a 76.23 acre site. The Class B steel buildings with
metal siding were constructed in multiple phases from 1989 through 1997 and have been well
maintained. The entire campus is served by MidAmerican Energy through high voltage metal clad
switchgear. Each building has a 12,470‐480 volt transformer that is owned and maintained by
MidAmerican and has one or two 480 volt diesel generators that provide emergency power as well as
back‐up power for many applications. All data centers, phone closets, security and fire systems are
powered by UPS systems that are also backed up by generators.
The campus is the anchor of Gateway Business Park, known as “telecom alley” as it contains the
infrastructure necessary to operate redundant, state‐of‐the‐art tech and telecom facilities, including all
required fiber optics and high bandwidth connectivity. The project also has approximately 22,000 square
feet of cafeteria and break room area, including two fully equipped kitchens. There is approximately
17,531 square feet of data center use, with the lion’s share of the data center square footage located in
the Main building (approximately 11,000 square feet).
The land has varied zoning that includes heavy industrial, general commercial, office, manufacturing and
warehouse/distribution. The parcels are level with asphalt parking and would need very little grading for
re‐development. The parcels are also rectangular in shape and would allow for optimal FAR.
The
Asset
Former Gateway Campus
Summary

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The
Asset
Bldg. Description
Gross Floor
Area
Major Vert
Penetration
Office Area Mfg Café
Building
Common
Area
Data Center
GTW Argentina 1st FL 300 Centennial Drive 112,032 2,138 96,850 10,615 2,429
GTW Argentina 2nd FL 112,497 3,774 106,300 2,423
GTW Argentina Dock 900 900
Argentina Totals 225,429 5,912 203,150 10,615 900 4,852
GTW Main 610 Gateway Drive 70,545 564 47,152 11,421 11,408
GTW Mexico 1st FL 610 Gateway Drive 149,623 1,520 11,203 126,121 10,192 587
GTW Mexico 2nd FL 103,608 1,605 102,003
GTW Mexico Dock 8,146 8,146
Mexico Totals 261,377 3,125 113,206 134,267 10,192 587
GTW Peru 1st FL 610 Gateway Drive 88,714 894 87,820
GTW Peru 2nd FL 17,224 1,090 16,134
Peru Totals 105,938 1,984 16,134 87,820
GTW Pacific 1st FL 610 Gateway Drive 41,344 888 39,772 684
GTW Pacific 2nd FL 41,485 1,273 40,212
Pacific Totals 82,829 2,161 79,984 684
Total 746,118 13,746 459,626 222,087 22,036 11,092 17,531
Building
Statistics

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The
Asset
Land
Parcels
Legal Description Acres Parcel/Account
Lot 2 of Part of S 1/2 NE 1/4 (8.54A) ‐ Area between
Gateway Business Park & River Dr. N. Derby to Victor Ave.
‐ Goode 8.54 05.07.15.2046
Lot 3 of Part of S 1/2 NE 1/4 (7.92A) ‐ Area between
Gateway Business Park & River Dr. N. Derby to Victor Ave.
‐ Goode 7.92 05.07.15.2047
TR 6 Cimmred Indust park of Schweppe TR 2 SW 1/4 SE
1/4 SE 1/4 3.46A ‐ Main 3.46 05.26.10.1025
TR 7 Cimmred Indust Park of Schweppe TR2, SW 1/4 SE
1/4 & SE 1/4 SE 1/4 2.41 A 2.41 05.26.10.1030
TR 10 Cimmred Indust Park of Schweppe TR 2 SW 1/4 SE
1/4 & SE 1/4 SE 1/4 2A 2 05.26.10.1035
1/4 & SE 1/4 SE 1/4 2A 2 05.26.10.1040
TR 13 Cimmred Indust Park of Schweppe TR 2 Schweppe
TR 2 SW 1/4 SE 1/4 & SE 1/4 SE 1/4 2A 2 05.26.10.1045
1/4 & SE 1/4 2A 2 05.26.10.1050
1/4 & SE 1/4 2A 2 05.26.10.1055
TR 8 Cimmred Indust park of Schweppe TR 2 NW1/4NE1/4
& NE 1/4 NE 1/4 3.35 A portion 3.35 05.27.15.1000
TR 9 Cimmred Indust park of Schweppe TR 2 NW1/4NE1/4
& NE 1/4 NE 1/42A ‐ Main Parking 2 05.27.15.1005
Tract 9‐A of Gateway Business Park 1st Add 1st Plat (.11A
Bruneau Add N Sioux City ‐ Small lot out from Peru 0.11 05.27.15.1007
Tract 11 of Gateway Business Park 1st  Plat (1.88A) 1.88 05.27.15.1010
TR 27 Gateway Business Park 2nd Plt (3.99A) ‐ Parking 3.99 05.28.15.1020
TR 28 Gateway Business Park 2nd Plt (4.15A) 4.15 05.28.15.1025
TR 32 Gateway Business Park 2nd Plt (4.04A) ‐ Behind Peru 4.04 05.28.15.1045
TR 33 Gateway Business Park 2nd Plt (5.12A) ‐ Argentina 5.12 05.28.15.1050
TR 34 Gateway Business Park 2nd Plt Less .677 A for North
Merrill Ave (3.503A) 3.5 05.28.15.1055
76.3

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• 746,118 total square feet (gross building area on two levels)
• Main Building | 70,545 SF
• Mexico Building | 261,377 SF
• Pacific Building | 82,829 SF
• Peru Building | 105,938 SF
• Argentina Building | 225,429 SF
• 45 dock doors
• Clear heights range from 12’ to 28’
Sprinklers:
There is a Model 101 portable Fire Sprinkler Chemical Feed System to chemically treat all of the sprinkler systems on the
main campus. There is a Biocide ( for sterilization) and a Corrosion Inhibitor. The systems are cleaned with Surtech C‐50 P
sterilizer (Brominehydantoid) and then treated with a Surtech 205 Corrosion Inhibitor. All Systems on the campus are being
treated each time the system is drained. The chemicals vendor is Huguenot Laboratories, Division of O’Leary and
Associates Inc., 101 Riverdale Road Port Jervis, N.Y 12771 (Phone # 800‐228‐3793).
The
Asset
Campus Highlights

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MidAmerican Energy built an underground feeder (223‐10) to Gateway in North Sioux City (NSC) from the McCook
substation to serve as the prime feed for the switchgear. The existing feed (176‐10) was reconfigured to serve the Military
Road area in NSC and
Riverside areas, and provide an alternate source for Gateway.
Circuits have been reconfigured by MidAmerican to separate residential, commercial, and industrial loads. Gateway’s
alternate feed, has an estimated load of 4.6 MVA abased on the 2001 summer peak load readings. The circuit is rated for
14.0 MVA and
the minimum pickup at the substation set at 800 amps (16MVA).
Gateway’s peak load has been 7 MVA (350 amps). If the Gateway load transfers onto the (176‐10), the combined load will be
11.6 MVA (580 amps) loading the circuit to 82%. After the transfer, the capacitor banks on 176‐20 will be turned on in
response to the
increased var load. This will reduce the load to 10.8 MVA (540 amps) and the loading to 77%. The prime and alternate
circuits are fed from two different transformers at McCook substation. Estimated peak loading on the substation
transformers will be 54%. If
Gateway transfers to their alternate it will cause its substation transformer to increase in load to 82%.
The system consists of two separate 69,000 volt transmission lines from McCook Substation that are part of a looped
system. The sources into this loop are the Plymouth Substation north of Sioux City in Plymouth County and Kellogg
Substation in the central
part of Sioux City. There are three substations along the loop; Logan, McCook, and Sioux City West. These three substations
deliver power to the distribution system in the western part of Sioux City and North Sioux City. The sources for each line, and
the lines
themselves are capable of supplying all the load on the loop during peak periods for the loss of the other line or source.
UtilitiesUtilities

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Interior Features
Cafeteria Main Building:
One of the plusses for the main building was the completion of the cafeteria November 1999.
The cafeteria totals approximately 12,700 square feet with 7,500 square feet of seating and
remainder serving area and kitchen. The remodel and the completion of the restrooms off of
the cafeteria enhance this area, complete with showers and tile floors. Just off the cafeteria, a
landscaped courtyard complete with stage and seating complements the cafeteria with a
smoking courtyard across the connecting hall.
Restrooms:
Two sets of restrooms are active in the Main building. The set off of the cafeteria was
constructed new in the fall of 1999. These restrooms are large and spacious at 1390 square
feet. The restrooms are tile half way up the walls with ceramic floors and include showers.
Front lobby area:
The front lobby has approximately 6,200 square feet.
Room 1:
Room 1 is approximately 15,700 square feet and has several offices,
conference rooms and one‐on‐one rooms. The carpet is square tile.
Room 2:
Room 2 houses IT and has approximately 1,000 square feet.
• Main Level: 70,545 SF
• The main building houses a cafeteria
with two dock entrances, a large
group of IT support, facilities office,
main data center/control center, and
visitors entrance.
Main
Main
610 Gateway Drive

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Room 3:
Room 3 includes the conference room, which is upgraded and in good condition. The total area is 6,000 square feet, with offices,
conference rooms and cubicle space. The carpet is square tile and is in fair shape along with cubicles.
Room 5 and Control Center:
Room 5 is approximately 2,300 square feet with offices and cubicles. The control center takes up another 1,300 square feet and has
controlled access. The carpet and cubicles are in good shape.
Facilities Office:
The facilities office is approximately 1,125 square feet. The office contains alarm panels that are vital to the facilities. Everything is in good
shape.
UPS Room:
The UPS room is approximately 880 square feet. The room is in good shape with freshly painted floor and newer HVAC.
Data Center:
The entire Data Center is 11,200 square feet. The data center has a raised floor, is FM200 protected, includes water‐sensing lines under
floor and smoke sensors above and below the floor.
Main Building Roof:
The Main building roof was upgraded in 2001 and had a fifteen year labor and material warranty which expired 04/26/2016. The roof was
installed by D.C. Taylor of Cedar Rapids, Iowa. When the roof was completed there was 1½ inch polyisocyanurate insulation (“R” = 10)
atop of the flute fill insulation, which was 1/12 lb. density expanded polystyrene insulation fill, mechanically fastened in place. The roof
itself had Stevens EP white, 45 mil roof membrane system mechanically fastened into the structural purlin, all seams welded. They also
installed Steven’s flashing system at perimeter and projections. 24 gauge EP‐clad gravel stop or nosing was installed at perimeter edge
locations.
MainMain
610 Gateway Drive

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Main Building UPS Systems:
Location Size (KVA) Battery Type Cabinet 1 Cabinet 2 Cabinet 3 Cabinet 4
Main "A" 160 Sealed JC UPS12‐270FR July‐02 July‐02 June‐03 June‐03
Main "B" 160 Sealed JC UPS12‐270FR March‐01 March‐01 June‐03 June‐03
Main "C" 160 Sealed JC UPS12‐270FR July‐02 July‐02 June‐03 June‐03
Main "D" 160 Sealed JC UPS12‐270FR July‐02 July‐02 June‐03 June‐03
Main "E" 160 Sealed JC UPS12‐270FR June‐03 June‐03 June‐03 June‐03
FM200 or Halon:
Type Serial Number Size Lb. Install Date Location
FM200 9823783 733 9/8/1998 Main South Wall
FM200 9823784 649 9/8/1998 Main South Wall
FM200 317900 25 06/10/03 South Wall Tape Silo
FM200 317901 105 06/10/03 South Wall Tape Silo
FM200 9817252 255 6/25/1998 Main North Wall
Halon 1301 First Closet A walking into Data Center
Halon 1301 228 Main Block House
FM200 9823786 75 9/8/1991 West Wall under floor
FM200 9832212 430 12/10/1998 Main ECC room 5
Halon 1301 Main Closet B
Halon 1301 70077‐4973 Main Closet C
Location of Generator Type Fuel Capacity Make
Main 1000 KW Fuel Cell 2000 Gallons Onan
Main 800 KW Fuel Cell 1400 Gallons Onan
Main Building Generators:
Main
Main
610 Gateway Drive

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HVAC Liebert Units:
Unit Indoor Indoor Outdoor Outdoor Date
Make # Model # Serial # Model # Serial # Code Location Tonnage
1 Liebert 1M FH245AUASM 360720‐003 CDF  308LA 98090140 Date   I ‐ 98 Main 20
7 Liebert 7M FH245AUASM 338790‐004 CDF  308LA 97010184 Date   A ‐ 97 Main 20
11 Liebert 11M DH380AUAAEO 518744‐002 CDF 510CA 012C48343 Date   H ‐ 01 Main 30
12 Liebert 12M DH380AUAAEO 518744‐001 CDF 510CA 012C48338 Date   H ‐ 01 Main 30
13 Liebert 14M DH380AUAA00 547655‐001 CDF 830‐A 0322C63559 Date   E ‐ 03 Main 30
Date Code A= January, B= February, C= March, and etc.
HVAC Equipment:
Location Unit # Manufacturer Model # Serial # Date Tonnage
East Main Cafeteria 34 McQuay RPS090CSA FBOU990900194‐02 Sep‐99 90
MainMain
610 Gateway Drive

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Unit Make Model # Serial # Date Tonnage
1 Carrier 48TFE014‐‐‐611 1601G31403 2‐Oct‐02 14
2 Carrier 48TJE014‐621 0297G30585 Feb‐97 4
4 Carrier 48DP020 3593F63875 1993 20
4A Carrier 48DP020 2293FS2745 1993 20
Portable Carrier 38CK024310 1593EO4428 1993 2
5 Carrier 48TFF008 3702G11091 2‐Oct‐02 8
7 Carrier 48TFF012‐611‐ 3302G50259 2‐Oct‐02 12
11A Arcoaire CUR110FN24 SUK84125‐00 1984 9
12 Carrier 48DP020 2293FS2745 1993 20
13 Carrier 48DP020 2293FS2745 1993 20
13A Arcoaire CUR126FN21 SUK84048‐00 1984 10.5
14 Arcoaire CUR126FN21 5UK84049‐00 1984 10.5
14A Carrier 48DP020 2293FS2745 1993 20
15 Arcoaire CUR126FN21 1984 10.5
16 Arcoaire CUR085FN24 5UJ8409‐1‐00 1984 7
17 Arcoaire CUR126FN21 1984 10.5
Split Systems:
Location Make Out Door Model # Serial # In Door Model # Serial # Date Tonnage
ER3SP Carrier 38CKB048500 4996E15740 F84NF048 468A144488 1996 4
ER4SP Carrier 38CKB042500 1495E09673 FB4ANF042 1996A03088 1995 3.5
BH1 Carrier 38TG048310 3390E07630 FB4NAF060 0890H03452 1990 4
BH2 Carrier 38TG048310 3390E07681 FB4NAF060 1990 4
BH3 Carrier 38TKB018300 0795E16956 1995 1.5
BH4 Carrier 38CKB060510 0895E12381 FB4ANF060 1695A01669 1995 5
BH5 Carrier 38CKB060510 1495E16363 FB4ANF060 1895AO1450 1995 5
BLDRM1 Carrier 38CKB060600 2697E18153 FB4ANF080 1498A16442 1997 5
BLDRM2 Carrier 38CKB060600 1198E14410 FB4ANF080 1998 5
ER2SP Carrier 38TKB024300 079E14848 40YR024300 2391H07672 1998 2
UPS1 McQuay ALP015DY27 58H8509002 LSL111CV 38J00744‐06 1998 15
UPS2 McQuay ALP015DY27 58H8508202 LSL111CV 38J00745‐06 1998 15
UPS3 McQuay ACZ016AC27‐ER10 STNU030600 134 CAH012FDAC FBOUO30500785 2003 16
Main
Main
610 Gateway Drive

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Use: Office and manufacturing environment. This
building was completed on September 1, 1992.
The 1st floor is dedicated mainly to manufacturing. The
South end of 1st floor manufacturing area goes full
height to the upper level. The south end, at one time,
was used for warehousing and had racking in place.
Presently, lights have been dropped and the warehouse
area is being used for mfg. 1st floor also has office area
supporting manufacturing and security command
center. On the 1st floor of the east side of the building
there is a phone closet, mechanical room housing
(electrical panels, switchgear for generators), and a
pump room for the sprinkler system.
The shipping area in Mexico Manufacturing has a total
of 14 dock doors plus 8 dock doors off the dock
extension. The old receiving area of Mexico
Manufacturing has 8 dock doors.
2nd floor Mexico houses office environment, product
development testing, executive office area, and several
mechanical rooms.
1st Floor Mexico
West side plant office area: The plant office areas carpet is
showing signs of traffic patterns. Restrooms on the west side had
recently been remodeled with tile floors walls and are in very
good shape.
East Manufacturing wall has one large room that is empty but at
one time housed engineers, phone switch closet, electrical and
generator switch room, a drop testing room that is a small closet,
compactor area, interior sprinkler room that houses sprinkler
pump and risers. The east side manufacturing restrooms are in
good shape also recently remodeled and have tile floors and
walls.
1st floor north wall of manufacturing has a small room that held
software download support people. The north wall also has the
new risers for the sprinkler system in the main building.
2nd Floor Mexico:
2nd floor Mexico housed the executive office area. The Northeast
corner has a test area and heat chamber room that has the large
heat chamber contained in it. This equipment was utilized for
testing systems. This area also had support groups in cubicles and
offices.
• Upper Level: 103,608 SF
• Dock Area: 8,146 SF
• 14 dock doors
• Elevator
• Two 500 KW, 800 gallon generators
• Houses a cafeteria with two dock entrances, a
large group of IT support, facilities office, main
data center/control center, and visitors entrance.
MexicoMexico
608 Gateway Drive

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Compactors:
Mexico has three auger‐type compactors. The compactors were installed early 2000. With the
compactors there is a total of six, 40 yd. roll off boxes. Three boxes are on the compactors on
Mexico, one in Argentina, and two spares. A total of six compactors were purchased and
installed. Four stayed in Sioux City and two were sent to Sioux Falls. Gateway also purchased 9
roll off bins at that time and enclosures for the compactors themselves. The total purchase
cost was $215,671.14.
MexicoMexico
608 Gateway Drive

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Parking lot
Parking space
Totals
Handicap
Parking
Ass.
United
Way
Visitors Emer. Veh. Fac. Spiffs Motorcycle Security
Northside Main 117 1
Westside Main 365 6 1
Mexico Employee
entrance
235 17 15 4 24 1 1 2 1
Far west Mexico/Pacific
lot
466 2 2
Peru West lot 274 8 5 11
Peru Far West Lot 341
Argentina South 782 16 1 3 2 1 1 4 2
Argentina East 313
Argentina West 330 21 2 3 2
Northwest Corner Lot
West of Main
441
Southwest corner lot by
Sioux Laundry
305
Total 3969 71 21 11 40 4 2 5 4 1
Parking:
MexicoMexico
608 Gateway Drive

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Mexico
Mexico
608 Gateway Drive

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MexicoMexico
608 Gateway Drive

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• Main floor is compromised of offices,
work areas, and restrooms.
• 2nd floor is most modern call center
on the campus.
Elevator: Elevator is in good shape.
Roof: The Pacific roof section that is next
to the elevator shaft was upgraded
because of leaks on 05/17/2001. The
EPDM roof carried a fifteen year warranty
until 05/17/2016. This work was
completed by D.C. Taylor of Cedar Rapids,
Iowa.
Generator: One 500 KW, 800 gallon
generator.
PacificPacific
606 Gateway Drive

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Pacific 500 KW Fuel Cell 800 Gallons Onan
Pacific Generator:
Location Size (KVA) Battery Type Cabinet One
Pacific 150 Sealed JC UPS12‐270FR Dec.‐99
Pacific UPS:
Location Serial # Manufacture Date
Pacific 2nd floor ER 10 309655‐1 Leibert 7/4/1994
Pacific 1st floor ER 9 309655‐2 Leibert 7/7/1994
Pacific Datawaves:
FM200 70077‐5172 189 Sep‐94 Pacific 1st Floor
FM200 70022‐7153 42 Sep‐94 Pacific 1st Floor
FM200 70077‐5173 135 Sep‐94 Pacific 2nd Floor
FM200 or Halon:
PacificPacific
606 Gateway Drive

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Boilers:
Pumps:
Boiler Make Serial # Model # Type
Input
Max/Min
MBH
Output
MBH
Htg. Surface
Sq. Ft.
Location Year Built
Bryan #3 75611 CL150‐W‐GI Flex Tube 1500/750 1200 180 Pacific 1st floor 1994
Bryan #4 75612 CL150‐W‐GI Flex Tube 1500/750 1200 180 Pacific 1st floor 1994
Location Pump # Motor Md# Frame Motor HP Pump Md # Pump HP Date
Pacific Boiler Room Boiler 3 Recirculation Pump BRPMP16 7VE48T17D164DP 1510 1994
Pacific Boiler Room Boiler 4 Recirculation Pump BRPMP17 7VE48T17D164DP 1510 1994
Pacific Boiler Room Boiler Pump BRPMP18 E790A 182T 3 1510 3 1994
Pacific Boiler Room Boiler Pump BRPMP19 E790A 182T 3 1510 3 1994
# Model # Serial # Model # Serial # Code Location Tonnage
26 Liebert 23 PAC FH199A‐ASM 312093‐001 CDF308LA 94080480 Date E ‐ 97 Pacific 15
Pumps:
PacificPacific
606 Gateway Drive

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HVAC Liebert Units:
HVAC Equipment:
26 Liebert 23 PAC FH199A‐ASM 312093‐001 CDF308LA 94080480 Date E ‐ 97 Pacific 15
Date Code A= January
South Pacific 18 McQuay RPS090CSA 3YF00695‐01 Apr‐94 90
South Pacific 19 McQuay RPS090CSA 3ZF006904‐01 Apr‐94 90
PacificPacific
606 Gateway Drive

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Parking lot
Parking space
Totals
Handicap
Parking
Ass. United Way Visitors Emer. Veh. Fac. Spiffs Motorcycle Security
Mexico Employee
entrance
235 17 15 4 24 1 1 2 1
lot
466 2 2
Argentina South 782 16 1 3 2 1 1 4 2
Argentina East 313
West of Main
441
Sioux Laundry
305
Total 3969 71 21 11 40 4 2 5 4 1
The far Southwest corner lot by Sioux Laundry has had the majority of the lights pulled out.
Parking:
PacificPacific
606 Gateway Drive

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PacificPacific
606 Gateway Drive

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• 12 dock doors
• Elevator
• One 175 KW natural gas generator
• Main level compromised of mainly
manufacturing/warehousing space
• Building goes full height to the ceiling
for warehousing except for a small
area above the receiving docks that is
the mezzanine area that has open
offices, and conference rooms.
PeruPeru
604 Gateway Drive

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Peru Generator:
Peru Building Data Wave:
FM200 or Halon:
Peru 175 KW Natural Gas ?
Peru 2nd floor 308621‐1 Leibert 6/3/1994
FM200 70077‐5174 127 Sep‐94 Peru 2nd Floor
HVAC Equipment:
East Peru 14 McQuay RPS070CLA 3YM01103‐01 Nov‐93 70
East Peru 15 McQuay RPS070CLA 3YM01105‐01 Nov‐93 70
East Peru 16 McQuay RPS075CLA 3YM01104‐01 Jun‐92 75
West Peru 17 McQuay RPS025BA 3ZA00321‐19 Nov‐93 25
PeruPeru
604 Gateway Drive

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Parking lot
Parking space
Totals
Handicap
Parking
Mexico Employee
entrance
235 17 15 4 24 1 1 2 1
lot
466 2 2
Argentina South 782 16 1 3 2 1 1 4 2
Argentina East 313
West of Main
441
Sioux Laundry
305
Total 3969 71 21 11 40 4 2 5 4 1
Parking:
The Peru parking lot count does not include the lot on the east side of the building. This lot has been utilized as trailer parking in the
past years and is showing some considerable breakdown. The lot has been patched several times.
PeruPeru
604 Gateway Drive

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• Dock Area: 900 SF
• Two dock doors
• Elevator
• One 175 KW natural gas generator
• Two 500 KW, 800 gallon generators
• One of the dock doors is used for a
compactor. A portion of the first floor is
leased to Alorica, a call center. A non‐
compete clause in Alorica’s original
lease, prohibiting call center operations,
made leasing other office areas difficult
until 2016. 2nd floor is vacant. The area
has several IT rooms. There is also a
cafeteria and restrooms.
Cafeteria:
Argentina’s cafeteria has a large seating area, shown right,
with vending and approximately 5,800 square feet. The
actual serving area is 2,200 square feet with another
2,100 square feet of food prep or kitchen space.
ArgentinaArgentina
300 Centennial Drive

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Argentina Generators:
Argentina UPS:
Argentina Datawaves:
FM200 or Halon:
Argentina 1 500 KW Fuel Cell 800 Gallons Onan
Argentina 2 500 KW Fuel Cell 800 Gallons Onan
Location Size (KVA) Battery Type Cabinet One
Argentina 150 Sealed JC UPS12‐270FR July‐00
Argentina 1st floor SE 342999‐1 Leibert 6/18/1997
Argentina 1st floor NE 321396‐5 Leibert 8/16/1995
FM200 70083‐1172 445 10/16/1995 Argentina 2nd Floor, North RM
FM200 9710313‐1 180 5/27/1997 Argentina 2nd Floor, East RM
FM200 9710313‐3 180 5/27/1997 Argentina 2nd Floor, West RM
FM200 9710313‐4 180 5/27/1997 Argentina 1st Floor, West RM
FM200 9710313‐2 180 5/27/1997 Argentina 1st Floor, East RM
FM200 70083‐1173 440 10/16/1995 Argentina 1st Floor, North RM
ArgentinaArgentina

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Boilers:
Pumps:
Boiler Make Serial # Model # Type
Input
Max/Min
MBH
Output
MBH
Htg. Surface
Sq. Ft.
Location Year Built
Bryan #5 77654 CL180‐W‐GI Flex Tube 1800/900 1440 215 Argentina 1st floor 1995
Location Pump # Motor Md# Frame Motor HP Pump Md # Pump HP Date
Arg. Boiler Room Boiler Pump BRPMP20 2VD213TTDR4026AP L 213 T 7.5 1510 7.5 1995
Arg. Boiler Room Boiler Pump BRPMP21 2VD213TTDR4026AP L 213T 7.5 1510 7.5 1995
Arg. Boiler Room SkyWalk Chiller ARGCHWP22 F107 145T 1.5 1510 1.5 1995
Arg. Boiler Room SkyWalk Chiller ARGCHPW23 F107 145T 1.5 1510 1.5 1995
Arg. Boiler Room Boiler Pump BRPMP24 5VJ213TTDB4026ANX 213T 7.5 1510 7.5 1997
Arg. Boiler Room Boiler Pump BRPMP25 2VB213TTDW4026AA L 213T 7.5 1510 7.5 1997
ArgentinaArgentina

I
HVAC Liebert Units:
14 Liebert 11A FH199AUASM 321931‐001 Sun Faded Sun Faded Date   H ‐ 95 Argentina 15
18 Liebert 15AADD BF067A‐ASM 342851‐007 DCDF 104LZ 97050171 Date   E ‐ 97 Argentina Add 5
ArgentinaArgentina

I
HVAC Equipment McQuays:
West Argentina 22 McQuay RPS090CSA 35G01792‐02 Jun‐95 90
East Argentina 25 McQuay RPS090CSA 35G01571‐02 Jun‐95 90
West Argentina 28 McQuay RPS090CLA 37F00906‐06 May‐97 90
East Argentina
Courtyard
31 McQuay RPS090CLA 37F00903‐02 May‐97 90
East Argentina
Courtyard
East Argentina
Courtyard
ArgentinaArgentina

I
Compactors:
Argentina has one auger‐type compactor that was installed early in
2000 and one 40 yd. roll‐off box used on an existing dock door, leaving
one dock door available for deliveries.
Location Serial # Model # Date Purchased Cost
Argentina 01000747 ST1046/36 Corrugate 1/31/2000 $17,523.20
Roof and Connections:
The skywalk roof connecting Peru and Argentina was upgraded due to
leaks on 05/17/2001. The roof carries a fifteen‐year warranty, expiring
on 05/17/2016. This work was completed by D.C. Taylor of Cedar
Rapids Iowa.
ArgentinaArgentina

I
Parking lot
Parking space
Totals
Handicap
Parking
Mexico Employee
entrance
235 17 15 4 24 1 1 2 1
lot
466 2 2
Argentina South 782 16 1 3 2 1 1 4 2
Argentina East 313
West of Main
441
Sioux Laundry
305
Total 3969 71 21 11 40 4 2 5 4 1
Parking:
ArgentinaArgentina

I
Main Level
Argentina
Argentina

I
Upper Level
Argentina
Argentina

I
The
MarketSioux City
IA-NE-SD MSA
Market Overview
Gateway Business Park is located in North Sioux City in the State of
South Dakota. South Dakota is known as a state that has an excellent
business climate. There are low costs for doing business, and there is
no personal income tax, corporate income tax, or inheritance tax.
North Sioux City is part of a larger tri‐state area known as Siouxland,
which has traditionally had a stable economy, with unemployment
rates well below the national average. The Sioux City MSA has over
168,000 residents and its economic strength has always been
concentrated in the agri‐business industry due to the proximity of
fertile land and abundant water resources.
Site Selection Magazine has ranked Siouxland #1 in the Nation for
economic development among MSA’s under 200,000 in 2015. This
was the fifth time since 2007 the national trade publication has named
the Sioux City area #1 in this category. Sioux City MSA also offers a high
quality of life for its residents. Expansion Management Magazine
ranked the Sioux City MSA as a 5‐Star Quality of Life Metro in its
May/June 2008 issue.
Many executives live in the nearby upscale master‐planned community
of Dakota Dunes, featuring the Arnold Palmer‐designed championship
Dakota Dunes Country Club. Those that live and work in South Dakota
pay no state income tax.

I
The Sioux City MSA is expected to continue driving economic
growth in the Midwest. The growing regional and national
importance of the local agricultural sector has helped keep
the local economy expanding at or above the national rate,
while insulating it from major economic slowdowns.
CF Industries is currently constructing a $2B fertilizer plant,
Seaboard Triumph Foods is building a $264M pork processing
plant, Interstate 29 is going from 4 lanes to 6 through the City
by 2019, US 20 will be 4 lanes from Chicago to Sioux City by
2019 and Hard Rock Hotel & Casino just open a $140M facility
downtown.
Unemployment Rate: Sioux City, State of I,
National
Note: Recessions shown in gray.
“For the fifth time in the last decade, the Siouxland
Metropolitan region ranks first in the nation for
economic development, according to results
confirmed today by Site Selection magazine. The
region also earned top billing in back‐to‐back years in
2007 and 2008, as well as in 2012 and 2013. The
Siouxland metro ranked second both in 2009 and
2014 and finished third in 2006. The region has
ranked in the top three nationally in its population
category in a remarkable eight of the last ten years.”
‐ Siouxland Chamber of Commerce
http://siouxlandchamber.com/economic‐
development/
Sioux City IA-NE-SD MSA
Market Overview
The
Market

I
South Dakota
Business Rankings
Subject Rank Year Source Link
Tax Revenue ‐ Least
Volatility
1 2016 Pew Charitable Trusts pewtrusts.org
Camelot Index ‐ Prudent
Government
1 2015 State Policy Reports, FFIS ffis.org
Enterprising States ‐
Business Climate
1 2015 US Chamber of Commerce Foundation uschamberfoundation.org
America's Top States for
Business ‐ Business
Friendliness
2 2015 CNBC cnbc.com
Top States for Credit
Conditions
1 2015 CardRatings.com cardratings.com
Small Business Policy
Index
3 2016 Small Business & Entrepreneurship Council sbecouncil.org
Tax Freedom Day 4 2016 Tax Foundation taxfoundation.org
Gallup‐Healthways Well‐
Being Index
6 2016 Gallup‐Healthways healthways.com
Most Charitable States 5 2015 Wallethub wallethub.com
Entrepreneurial Activity 6 2015 Kauffman Foundation kauffman.org
The
Market

I
Financials
18
Cash Flow
Summary
Income $1,320,816
Annual Rent: $1,100,592
Utility Offset: $   226,224
Expenses ($2,065,040)
Property Taxes: $   205,944
Insurance: $     40,000
Repairs & Maint.: $   719,935
Utilities: $1,099,161
Net Operating Income (NOI) (  $744,224)

I
2015 Actual Operating Expenses
January February March April May June July August September October November December Total
Schumacher Elevator $795.74 $795.74 $795.74 $821.59 $821.59 $821.59 $821.59 $821.59 $821.59 $821.59 $821.59 $821.59 $9,781.53
Orkin Pest Control $2,344.95 $781.65 $781.65 $793.38 $793.38 $793.38 $793.38 $793.38 $793.38 $793.38 $9,461.91
Chiller Maint. $1,299.56 $10,105.64 $11,405.20
Cummins Generator
(and fuel)
$1,789.91 $2,701.83 $2,129.87 $1,039.69 $8,109.08 $15,770.38
Overhead door $0.00
Lieber Construction Snow Removal $4,041.00 $6,360.00 $450.50 $4,001.50 $8,533.00 $23,386.00
Continental Fire Sprinkler $293.62 $398.18 $925.00 $2,060.24 $1,123.90 $625.00 $5,425.94
Bekins Fire Extinguishers $2,363.85 $4,664.00 $7,027.85
Beane Plumbing/Drain Maint. $380.46 $2,130.78 $2,511.24
Roto Rooter $483.60 $211.21 $263.42 $958.23
Electric Innovations
Fire, Life & Safety
$159.00 $1,653.49 $212.00 $106.00 $3,081.75 $2,267.00 $7,479.24
IMC Building Services/Repairs $30,605.16 $4,381.05 $4,458.99 $1,547.62 $40,992.82
Interstate Mechanical Corp $619.07 $49,806.37 $43,186.62 $21,044.55 $35,283.18 $35,633.13 $181,988.93 $22,949.49 $1,945.64 $392,456.98
Rasmussen Mechanical Services $13,441.42 $52,991.96 $40,021.76 $21,506.76 $127,961.90
Ace Lawn $238.50 $3,418.50 $4,558.00 $5,697.50 $4,558.00 $5,697.50 $4,558.00 $4,558.00 $477.00 $33,761.00
Lawn Pros Weed/Spraying $2,409.85 $1,656.28 $350.46 $1,305.82 $350.46 $6,072.87
Thompson Electric $6,537.79 $14,241.86 $1,708.02 $88.78 $1,807.46 $1,098.47 $25,482.38
Building Maintenance Totals 62310 $47,046.03 $15,016.69 $65,949.98 $60,579.34 $32,235.83 $43,808.03 $56,318.23 $188,970.56 $45,009.20 $63,521.27 $57,249.03 $44,231.28 $719,935.47
Utilities ~ Water $4,041.53 $2,536.44 $1,770.36 $2,914.53 $3,714.46 $4,001.50 $7,016.51 $4,371.77 $4,567.49 $2,930.34 $3,497.70 $1,355.65 $42,718.28
Utilities ~ Electric ~ Entire Campus $50,405.99 $49,217.29 $59,768.00 $52,991.52 $48,103.50 $70,711.19 $78,522.90 $121,586.32 $116,220.72 $67,682.54 $61,986.78 $46,175.75 $823,372.50
Utilities ~ Gas ~Argentina $16,747.97 $16,364.15 $15,666.26 $9,164.16 $10,222.21 $10,419.62 $10,079.35 $10,188.10 $9,211.26 $9,056.37 $12,545.10 $12,773.37 $142,437.92
Utilities ~ Gas ~ Primary Campus $15,979.57 $16,522.15 $8,997.65 $4,196.66 $4,272.62 $3,406.91 $3,908.84 $5,223.12 $4,046.99 $5,471.43 $7,087.15 $10,529.99 $89,643.08
Utilities ~ Gas ~ Main $4,848.07 $2,976.09 $2,074.83 $665.85 $301.43 $126.79 $52.63 $40.36 $73.64 $66.55 $88.63 $413.25 $989.47
Utilities Total $92,023.13 $87,616.12 $88,277.10 $69,932.72 $66,614.22 $88,666.01 $99,580.23 $141,409.67 $134,120.10 $85,207.23 $85,205.36 $71,248.01 $1,099,161.25
$0.00
Real Property Tax $102,971.76 $102,971.76 $205,943.52
Property Insurance $40,000.00 $40,000.00
Summary of Estimated Expense:
Annual Repair & Maintenance $719,935.47
Annual Utilities Expense $1,099,161.25
Annual Insurance $40,000.00
Annual Real Property Tax $205,943.52
Total $2,065,040.24
SF Size of Premises 746118
Estimated Annual Cost PSF $2.77
Financials

I
Jere Hench
+1 408 282 3832
Chris Bogenrief
NAI United
President
+1 712 204 6261
chris@naiunited.com
John Brackett
Cushman & Wakefield
Managing Director
+1 408 200 8818
Contacts
Investment Contacts
Jere Hench, SIOR
+1 408 282 3832
Chris Bogenrief, SIOR, CCIM
NAI United
President
+1 712 204 6261
chris@naiunited.com
Local Contact
John Brackett
Cushman & Wakefield
Managing Director
+1 408 200 8818

Marketing Package, Former Gateway Campus (No Rent Roll), 6-11-16

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Marketing Package, Former Gateway Campus (No Rent Roll), 6-11-16