Scannell Properties

PREPARED FOR SCANNELL PROPERTIES

FedEx Project Type: Distribution Size: 350,000 SF Location: Walker, Michigan FedEx has been a loyal customer for many years and this project was among the largest AJV has ever completed. The warehouse took over a year to complete and involved many complex construction elements including roof vents installed with a helicopter. The project went smoothly and was finished within the scheduled deadline. FedEx Project Type: Distribution Size: 80,600 SF Location: Akron, Ohio This particular project was for a freight facility located several hours away, creating complex circumstances such as establishing new relationships with all new vendors. The project was finished within the scheduled completion date and to the owners utmost satisfaction, making it another success for FedEx and a.j. Veneklasen, Inc. partnering together. FedEx Project Type: Distribution Size: 60,700 SF Location: Pontiac, Michigan The office of this building is constructed of pre-cast concrete while the distribution area and maintenance shop are pre-engineered steel buildings. The facility is located in Pon- tiac, MI and was a 50 acre development. The new center increases efficiency through the 98 dock doors on the building and the site developments allowing for a smoother traffic flow and greater efficiency moving products. Respect for People. Integrity. Superior Service. Passion.

FedEx Project Type: Distribution Size: 55,000 SF Location: Lima, Ohio The Lima facility includes a cross dock distribution facility, maintenance garage, fuel center, guard shack, and office space. By having truck bays on opposite sides of the building, efficiency is enhanced and allows for smooth traffic flow as well. FedEx Project Type: Distribution Size: 160,000 SF Location: Toledo, Ohio This facility was designed as an international hub for FedEx Freight. There are over 190 dock doors and the site has over 1 million square feet of concrete for parking and storage. The project also includes a maintenance garage, fuel cen- ter, guard shack, and office space. ProAct Services Project Type: Office & Manufacturing Size: 33,000 SF Location: Ludington, Michigan ProAct Services wanted a modern office and a highly efficient and functional manufacturing warehouse. The resulting facility proved to fit the bill on all counts. The site features a 27,000 sq. ft. manufacturing facility and a 6,000 sq. ft. office space, featuring polished concrete floors, an open two-story lobby and floor to ceiling glass walls throughout. Respect for People. Integrity. Superior Service. Passion.

FedEx Distribution 35,000 SF Project Type: Gaylord, Michigan Size: Location: This particular FedEx project serves as a sorting facility and distribution center for FedEx Ground and FedEx Home Delivery. Efficiency is enhanced by having the seven truck bays on opposite sides of the building, therefore allowing smooth traffic flow. The building is a pre-engineered steel building base with masonry to break up the facade. Litehouse Foods Project Type: Warehouse Size: 45,000 SF Location: Lowell, Michigan The addition includes a dry storage warehouse, an interior freezer, and a bulk receiving area. The construction was phased so that the shipping and receiving adjacent to the addition would not be interrupted. AJV was asked to build another addition to expand the warehouse and manufacturing facilities to accommodate Litehouse Foods’ continued growth. Broadmoor Development Project Type: Warehouse & Office Size: 165,000 SF Location: Grand Rapids, Michigan Various top of the line features were used in the construction of this environmentally friendly building, such as precast concrete wall panels, a wide-bay trussed purlin structure, 24’ eave height and ESFR sprinkling. Offering a high R-Value, the buildings panels will minimize long- term maintenance and energy expense. Respect for People. Integrity. Superior Service. Passion.

Agape Plastics Project Type: Warehouse Size: 54,400 SF Location: Grand Rapids, Michigan Several project alterations were made due to the property limitations and existence of wetlands. During the second addition, planning initially called for a stand alone building to the north of the existing space. After determining the loss of efficiency and cost was too great, AJV looked for other options and concluded the best route involved filling the existing retention pond and placing the second addition in its place. Monsma Marketing Project Type: Warehouse Size: 46,000 SF Location: Grand Rapids, Michigan AJV had to utilize numerous deep soil foundation techniques to overcome the existing poor soils and still maximize the client’s investment. The building height was also raised so Monsma could expand upwards instead of into their parking lot. Due to these different roof heights, a rubber transition was placed in order to counteract snow load and storm water runoff. The site is maximized with the final addition. Crown Lift Trucks Project Type: Manufacturing Size: 80,000 SF Location: Grand Rapids, Michigan This facility was custom-designed to meet the specific needs of Crown Lift Trucks. The building features large bay spacing, heavy power and equipment feeds, a loading dock area and a modern office space, including a private office area for training and a break room. Respect for People. Integrity. Superior Service. Passion.

Aldi Project Type: Retail & Warehouse Size: 17,000 SF Location, Portage, Michigan a.j. Veneklasen, Inc. built this new Aldi facility from the ground-up. The project was used as a prototype for a new building design - the new design details can be seen throughout the exterior of the building. The interior of the building boasts high ceilings, environmentally- friendly recycled material, and energy-efficient refrigeration and lighting. Blain’s Farm & Fleet Project Type: Retail & Warehouse Size: 109,000 SF Location: Jackson, Michigan This project is part of an expansion plan put together by the Blain family. The addition includes 30,000 square feet to the existing building to create a 109,000 square foot store. The existing building was renovated to include a new automotive service center. KL Outdoor Project Type: Office Size: 13,500 SF Location: Muskegon, Michigan The remodel of this 18,000 SF open floor plan features floor to ceiling windows, encircled by fully insulated Tectum acoustical ceilings and wall panels. The new design is a mix of contemporary and outdoor lodge, and is meant to encourage collaboration. Respect for People. Integrity. Superior Service. Passion.

AJV STEEL ERECTION SERVICES a.j. Veneklasen, Inc. offers over 40 years of experience in structural steel erection for industrial and commercial buildings. Advanced construction methods allow us to incorporate glass, brick, stone, or pre-cast concrete for special purposes or distinctive appeal. Your design options are limitless. As one of the few West Michigan contractors who have steel erectors in-house, we’ve erected pre- engineered metal buildings (PEMB) all over the Midwest and as far away as New Mexico. Our veteran steel erectors are unsurpassed in their experience and level of quality. Using advanced digital imaging techniques and our construction expertise, we can design a functional and aesthetically pleasing structure that perfectly suits your needs.

AJV CARPENTRY SERVICES An appreciation for fine woodwork is universal. Our finish carpenters are true artisans with an exceptional attention to detail who take great pride in their finished product. We have a strong commitment to timely and accurate cost estimating and are known for high-quality construction at competitive prices. We supply your carpentry project with quality materials, equipment, qualified supervision, and the field personnel necessary to work in all types of wood framed projects. We take pride in our efficient use of manpower, equipment, distribution and management of materials, and coordinated scheduling with other trades. Good results require a passion for creating fine woodwork. Our finish carpenters are true artisans known for their exceptional attention to detail.

VENEBUILT PROCESS We call it a process, but it’s more of a frame of mind. It’s how we tackle a project, the perspective we take, and the outcomes we strive to achieve. Versus the traditional industry approach for project Collaboration and Value, AJV has created and identified a unique system coined the “VeneBuilt Process.” As illustrated in the following charts, the VeneBuilt Process allows the AJV team to offer a more collab- orative and value-oriented approach throughout all phases of your project. By engaging the entire project team consisting of the Owner/Client, AJV, Architect, Engineer, and Trade Partners, we are able to meet and finalize all plans, allowing for a smooth and seamless transition from project conception through completion. The VeneBuilt Process versus the traditional method significantly minimizes project risks (i.e. change orders, delays in schedule) and maximizes favorable outcomes such as accurate budgeting, value en- gineering, scheduling, quality, labor efficiencies, and on-time project completion. All in all, the Venebuilt Process is a winning solution for all parties involved while bringing a significant value proposition and a positive return on investment to AJV clients. Respect for People. Integrity. Superior Service. Passion.

Traditional Method DESIGN BUILD METHOD OWNER DESIGN BUILDER SUB SUB SUB Respect for People. Integrity. Superior Service. Passion.

DESIGN-BID-BUILD / CONSTRUCTION MANAGEMENT OWNER A|E GC | CM SUB SUB SUB

VeneBuilt SM Method OWN CONTRACTOR PROJ CONSU Respect for People. Integrity. Superior Service. Passion.

NER JECT TRADE PARTNER ULTANT

Value PROGRAMMING & SCHEMATIC DESIGN DEVELOPM HIGH ABILITY TO INFLUENCE COST VENEBUILT LOW START Respect for People. Integrity. Superior Service. Passion.

COST OF DESIGN CHANGES MENT CONSTRUCTION DOCUMENTS TRADITIONAL CONSTRUCTION PROCESS TIME COMPLETE

Collaboration ENGINEER OWNER ARCHITECT TRADITIONAL OWNER ARCHITECT AJV ENGINEER VENEBUILT TRADE PARTNERS PROGRAMMING SCHEMATIC DESIGN DESIGN DEVELOPMENT Respect for People. Integrity. Superior Service. Passion.

GC CM SUBS DOCUMENTATION BID AWARD CONSTRUCTION CLOSE OUT

Process VALUE ENGINEERING Respect for People. Integrity. Superior Service. Passion.

AJV PRELIMINARY DESIGN LETTER OF INTENT PROJECT ANALYSIS & GOALS DESIGN & BUDGETING BIDDING CONTRACT CONSTRUCTION PROJECT DELIVERY

Services PRE-CONSTRUCTION PHASES & SERVICES PROGRAMMING SCHEMATIC DESIGN DESIGN DEVELOPMENT • LOI / Notice to • Environmental reports • Design development proceed from owner complete plans and specifications • Definition of team • Geological/Soils/ completed players Survey reports completed • Upload plans and • Partnering plan specifications to Pro- initiated • Owner advises project core funding status • Responsibility check- • Design integration list started • Design integration review program established • Project objectives • Design development defined • Schematic plans cost estimate (drawings) and completed • Programming specifications • Project budget completed • Level of building finish established established • Utilize Procore for • Project cost model document sharing and • Value engineering pre-liminary design continues complete reviews • Preconstruction • Owner review and • Schematic cost accept design schedule established estimate completed development cost • Proposed build- estimate • Review and ac- ing systems tested cept schematic • Review/Update pre- against budget cost estimate construction schedule • Owner operation schedule established • Establish value • Milestone construction • Reporting/Account- engineering program schedule established ing/Decision tracking system in place • Review/Update pre- • Constructibility review • Risk management in- construction schedule and team input struments put in place • Customized monthly • Field staff assigned • Submit preliminary communications begin • Team partnering plan and • Customized formal specification to agencies for approval communication continues • Team partnering con- tinues • Customized formal monthly communica- tion continues Respect for People. Integrity. Superior Service. Passion.

DOCUMENTATION BID AWARD COMMENCEMENT • Construction doc- • Establish bid date(s) • Owner approves and uments (plans and schedule accepts contractor’s specifications) com- recommendation on pleted • Issue bid package and alternates invitations through • Design integration Procore • Owner makes finalized decision on alternates • Advertisement and • Cost estimate com- solicitation of bids • Trade contracts and pleted letters of intent written • Issue bid documents in Procore • Propose and price bid • Pre-bid job site meet- alternatives with team • Job cost schedule set ing up • Owner review and • Issue bid addenda accept construction • Receive and analyze • Prepare schedule of document cost values estimate trade contractor bids • Pre-award trade • Prepare trade • Review/Update contractor contact list preconstruction contractor schedule conferences • Distribute required • Confirm trade plans to trade • Milestone schedule contractor qualification contractors through further refined and evaluation Procore • Prepare bid vs. • Construction detail estimate comparison • Notify accounting schedule established • Make contractor of bond/insurance recommendations to requirements • Final constructibility owner review of plans and • Recommendation to • Safety, quality clean- specifications re- owner on up plans established viewed and corrected alternates and and in place with trade voluntary alternates partners • Safety, quality clean- • Construction schedule up plans established further defined • Preconstruction • Agencies approve meeting with trade • Develop bid plans and partners packaging strategy specifications • Team partnering con- • Site mobilization/ • Pre-qualify and tinues utilization plan evaluate potential bid established list • Establish bid package in Procore

Services CONSTRUCTION PHASES & SERVICES COORDINATION QUALITY COSTS • Bid and award • Assume full • Actively pursue contracts as needed responsibility for opportunities for quality control and cost savings while • Coordinate team inspection of project maintaining all meetings with trade specified program contractors throughout • Assure strict elements and quality the project adherence to the standards specifications • Select, retain • Provide continuous and coordinate • Motivate trade updates and cash flow professional services partners to maintain projections (i.e.; surveyors, test- an attitude of quality ing, engineering, etc.) • Monitor project cost • Communicate with control methods • Communicate daily owner representa- relative to the project with contractors tives to ensure quality construction budget expectations are met through Procore • Continue regular and are exceeded communication with • Develop and owner(s) • Internal quali- implement procedures ty inspections and for reviewing and • Schedule, facilitate documentation processing applica- and document weekly through Procore tions by contractors coordination meetings for progress and final with all stakeholders payments • Determine process to minimize change orders and develop contingency plan re- sponsive to the project • Maintain as-built drawings • Daily updates through Procore Respect for People. Integrity. Superior Service. Passion.

SAFETY SCHEDULING CLEAN-UP • Enforce OSHA and • Develop • Follow project clean- MIOSHA safety stan- detailed construction up guidelines to dards schedules with trade provide a clean and partners safe site and building • Provide safety training for on-site trades • Monitor and update • Ensure commitment through an outside schedules weekly from all trade partners safety consultant and through Procore on clean-up guidelines by inviting audit in- spection of MIOSHA • Communicate • Use site dumpsters progress and changes effectively • Award outstanding to trade partners and safety practices owner(s) in a report • Provide opportunities and graphical form for recycling materials • Require all team to be environmentally members to sign • Identify key equipment friendly and to reduce and acknowledge an and materials early to cost understanding of the expedite procurement AJV safety manual and ensure timely delivery • Conduct document- ed weekly safety • Develop meetings and assure contingencies for training is pertinent to unknowns which may work then underway delay progress • Award incentives for • Respond to job-site reaching safety mile- changes with multiple stones what if analysis to test critical path of each • Internal safety in- change with owner spections through move-in requirements Procore • Schedule turnover with owners staff well before substantial completion

Procore CONSTRUCTION PHOTOS LIVE SCHEDULE UPDATES Respect for People. Integrity. Superior Service. Passion.

LIVE DOCUMENT SHARING SITE CAMERA | LIVE RECORDING

AJV specializes in high quality, commercial and industrial buildings. Your choice of a general contractor is the most critical decision you’ll make. Because of our diverse service offerings, our staff understands how important it is to keep the schedule in check and the budget under control. We proudly employ our own steel erectors and carpenters, and are pleased to announce many of our employees have been with the company for decades. With this being said, you can rest assured the core components of your project are totally under control and are in the hands of a highly experienced team. Our leaders seek to employ the best talent, but also strive to hire candidates based on their personality and their ability to work effi- ciently together as a team. Here at AJV, we train our staff to use our core values as a com- pass. At the end of each day, it all comes down to this: Respect for People, Integrity, Superior Service and Passion. Respect for People. Integrity. Superior Service. Passion.



Our team believes everyone must do their part to re-main safe. a.j. Veneklasen, Inc. offers an award-winning safety program with an Experience Modification Rate over 50% lower than industry average. In addition to First Aid and CPR certifications, AJV team members have successfully completed OSHA 10 hour training. All AJV superintendents and project managers are required to complete OSHA 30 hour training. Project managers and superintendents evaluate each new project to identify any unique conditions that require specific safety management. They also evaluate all trade partners who are required to perform these tasks, and as a team, they create and ensure the safety plan’s execution. AJV works with each project owner to identify any existing safety concerns in place, such as: traffic flow, utility information, fire evacuation, and electric lock out procedures, to name a few. We look forward to implementing our core values and creating a safe work environment for your new project. Respect for People. Integrity. Superior Service. Passion.



CONTACT US: AJV | 616.957.3731 www.ajvinc.com 5000 Kendrick St SE Grand Rapids, Michigan 49512 The projections contained herein are believed to be accurate but cannot be guaranteed. Any potential investor should conduct their own property and financial due diligence including, but not limited to, consultation from an attorney and certified public accountant.