BID DEADLINE: JUNE 24. Sale of Former Furniture Brands Properties 17 PROPERTIES THROUGHOUT MISSISSIPPI, NORTH CAROLINA, TENNESSEE & VIRGINIA

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1 BID DEADLINE: JUNE 24 Sale of Former Furniture Brands Properties 17 PROPERTIES THROUGHOUT MISSISSIPPI, NORTH CAROLINA, TENNESSEE & VIRGINIA Assets Include: Manufacturing / Office Warehouse / Distribution Land

2 Portfolio Asset List ID# ASSET TYPE ADDRESS CITY STATE BLDG SF ACRES Mississippi 101 Manufacturing/Office 5380 Highway 145 South Tupelo MS 475, Land 5326/5346 Highway 145 South Tupelo MS N/A North Carolina 103 Distribution 1409 College Avenue Lenoir NC 216, Distribution 1409 Debra Herman Road Conover NC 75, Storage 1118 First Street West Conover NC 123, Manufacturing 890 F. Ave Drive SE Hickory NC 84, Manufacturing 505 County Line Road Thomasville NC 112, Storage 515 County Line Road Thomasville NC 20,000 (est.) 79.59* 109 Storage 515 County Line Road Thomasville NC 85,000 (est.) 79.59* 110 Manufacturing 405 East Main Street Thomasville NC 353, Office/Warehouse 101 Morrison Avenue Thomasville NC 34, (est.) 112 Storage 150 Jennings Street Thomasville NC Multiple Bldgs Manufacturing 205 Taylor Street Thomasville NC 11, Land 151 Smethport Drive Thomasville NC N/A Tennessee 115 Land 87 South Lowrey Street Smyrna TN N/A Virginia 116 Manufacturing 310 Founders Lane Appomattox VA 831, Land 504 Pittsylvania Avenue Altavista VA N/A * This represents the combined acreage of the total parcel consisting of County Line Road. Table of Contents Mississippi Properties... 1 North Carolina Properties Tennessee Property... 7 Virginia Properties... 8 Auction Information... 9

3 MISSISSIPPI PROPERTIES BID DEADLINE: JUNE TUPELO, MS 102 TUPELO, MS Manufacturing / Office 5380 Highway 145 South Tupelo, MS Land 5326/5346 Highway 145 South Tupelo, MS Building Size: 475,000 Sq. Ft. Lot Size: 30 Acres Year Built: 1972 Ideal for any corporate headquarter use, this manufacturing/ warehouse/office facility features gated access complete with guard shack for both employee and truck traffic, 30+ dock doors, 2 drive-in doors, executive office suites, premium boardroom, numerous staff offices, an advanced data center, extensive car and trailer parking and an inactive rail spur. The site also provides good ingress/egress and exposure along Hwy 145. In addition, Tupelo is home to a number of national companies, including Tecumseh, Toyota Motor Manufacturing and Cooper Tire & Rubber. Lot Size: 60 Acres This partially wooded parcel provides sizable acreage along Highway 145 and is bordered on the east by the BNSF Railroad. The site offers flexible zoning for a variety of industrial uses. A four-time All-America City Award winner, Tupelo is the headquarters of the North Mississippi Medical Center, the largest non-metropolitan hospital in the US, as well as BancorpSouth and Renasant Bank. 1

4 NORTH CAROLINA PROPERTIES BID DEADLINE: JUNE LENOIR, NC 104 CONOVER, NC Distribution 1409 College Avenue Lenoir, NC Distribution 1409 Debra Herman Road Conover, NC Building Size: 216,000 Sq. Ft. Lot Size: 8.20 Acres Year Built: Building Size: 75,000 Sq. Ft. Lot Size: 8.50 Acres Year Built: 1980 Located in the Blue Ridge foothills, Lenoir is set at the crossroads of State Routes 64 and 321, and is equidistant to both Charlotte and Winston-Salem. The fully-fenced property offers approximately 10 loading docks and is bordered on the northwest by a rail line. The medical and education sectors are among the area s largest employers, with Google, Inc. recently building a large data center in Lenoir, helping add to the upswing in economic development. Interstate 40 traverses the City of Conover, along with other major roads including US 70, US 321, US Highway 70A, and NC 16, giving it easy access to numerous surrounding communities. Offering 15+ dock doors, this building is ideal for continued use as a warehouse/distribution facility. The well-maintained building is a steel-framed structure with pre-engineered metal siding and a low slope metal roof situated on a slab foundation. 2

5 NORTH CAROLINA PROPERTIES BID DEADLINE: JUNE CONOVER, NC 106 HICKORY, NC Storage 1118 First Street West Conover, NC Manufacturing 890 F. Ave Drive SE Hickory, NC Building Size: 123,759 Sq. Ft. Lot Size: Acres Year Built: Building Size: 84,100 Sq. Ft. Lot Size: Acres Year Built: 1979 Set along US 70, this property is located less than one mile from the entrance ramp to I-40. This functional brick, steel-framed building includes 11 dock doors, 1 drive-in door, ample parking and additional acreage. The building is fully sprinkled, with 75% of the building featuring full HVAC. Column spacing is 25 x 25. Located one half mile north of I-40 and just east of downtown Hickory, this site features a well-maintained brick building with steel-frame construction, 20 clear heights and fully sprinklered. The building offers approximately 9,000 SF of fully-air conditioned office space, 6 dock doors and 1 drive-in door. 3

6 NORTH CAROLINA PROPERTIES BID DEADLINE: JUNE THOMASVILLE, NC Manufacturing County Line Road, Thomasville, NC 109 Building Size: 112,340 Sq. Ft. Lot Size: Acres Year Built: Based on the current configuration, this site could easily be combined with the adjoining sites (515 County Line Road) for a total of 200,000 SF of improvements. A rail line borders the northern most portion of the property. The site is Zoned M1 (Light Industrial), while the immediate area surrounding the property has numerous industrial users and undeveloped land. In addition, the property offers a large tract of agricultural land that is currently leased to a local farmer. 108 THOMASVILLE, NC Storage 515 County Line Road, Thomasville, NC Building Size: 20,000 Sq. Ft. (est.) Lot Size: Acres* (Combined with 505 County Line Road) Year Built: THOMASVILLE, NC Storage 515 County Line Road, Thomasville, NC Building Size: 85,000 Sq. Ft. (est.) Lot Size: Acres* (Combined with 505 County Line Road) Year Built: 1972 * This represents the combined acreage of the total parcel consisting of County Line Road. 4

7 NORTH CAROLINA PROPERTIES BID DEADLINE: JUNE THOMASVILLE, NC 111 THOMASVILLE, NC Manufacturing 405 East Main Street Thomasville, NC Office/Warehouse 101 Morrison Avenue Thomasville, NC Building Size: 353,195 Sq. Ft. Lot Size: Acres Year Built: Building Size: 34,000 Sq. Ft. Lot Size: 5.00 (est.) Acres Year Built: 1967 Set in the heart of Thomasville, this three-story landmark building served as the Thomasville brand headquarters for nearly 100 years. The main brick plant, built of heavy-timber construction, consists of nineteen 1 to 4-story buildings that share a common wall, in addition to a lumber shed and dry kiln. The property benefits from its location along the I-85 corridor, with proximity to Winston-Salem, Greensboro and Charlotte. This brick building functioned as the maintenance facility/ corporate engineering offices for Furniture Brands and offers a three-story office portion and one-story maintenance portion to the rear. The property benefits from 7 drive-in doors and 3 dock doors. Additional improvements include an equipment washing shed, two storage sheds, an aboveground water tank and associated fire pump house, asphalt paved areas, concrete walkways and truck loading and unloading areas. 5

8 NORTH CAROLINA PROPERTIES BID DEADLINE: JUNE THOMASVILLE, NC THOMASVILLE, NC Storage 150 Jennings Street Thomasville, NC Manufacturing 205 Taylor Street Thomasville, NC Building Size: Multiple Buildings Lot Size: Acres Year Built: Building Size: 11,847 Sq. Ft. Lot Size: 0.78 Acres Year Built: 1938 Whether as a compliment to an existing portfolio or as a strategic land buy, this piece offers access to two separate rail lines running through the property. Consisting of six secondary buildings, the property includes two wood storage buildings, a scrap and coal storage building, a sorting shed, a maintenance building, and a lumber stacker building. The extensive outdoor lumberyard consists of roofed areas with concrete pads that are equipped with sprinkler systems. Hamby Creek bisects the northern portion of the site. This property features a one-story brick building well-suited for a variety of industrial or commercial uses. The site provides for good ingress/egress on Taylor Street, with additional fenced acreage for truck parking to the south of the building. 6

9 NORTH CAROLINA & TENNESSEE PROPERTIES BID DEADLINE: JUNE WEST JEFFERSON, NC 115 SMYRNA, TN Land 151 Smethport Drive West Jefferson, NC Land 87 South Lowrey Street Smyrna, TN Lot Size: Acres Lot Size: Acres Set along Hwy 88, this site offers significant acreage with proximity to US 221. In recent years, West Jefferson s economy is increasingly devoted to the tourism industry. The town s location in the Appalachian Mountains has led to a large number of tourists visiting the area each year, and many out-of-state tourists have begun to build cabins and housing developments in the area. This prime development site offers high visibility along US 41 heading into downtown Smyrna. Nearby national tenants include Hardee s, Sherwin-Williams, Enterprise Rent-A-Car, Shoney s, as well as numerous local retailers. 7

10 VIRGINIA PROPERTIES BID DEADLINE: JUNE APPOMATTOX, VA 117 ALTAVISTA, VA Distribution 310 Founders Lane Appomattox, VA Land 504 Pittsylvania Avenue Altavista, VA Building Size: 831,130 Sq. Ft. Lot Size: Acres Year Built: Ideally situated immediately off US 460 (Richmond Hwy), this site provides easy access to Richmond, Lynchburg and Roanoke, Virginia. Ideal for a variety of industrial users, the property boasts significant square footage with clear heights, as well as 29 dock doors, 3 drive-in doors and abundant acreage for future development/expansion. The property is comprised of 528,000 sf of manufacturing, 288,000 sf of warehouse and 15,000 sf of office space. In addition, the building features 12,500 amp, 3 phase power supply, 6 reinforced concrete floors, fully-sprinklered factory section, on-site well and (2) 250,000 gallon fire storage tanks. Lot Size: Acres Located along the Roanoke River, this versatile site offers proximity to the Norfolk Southern Railroad running through downtown Altavista and easy access to US 29, as well as Altavista s main retail corridor. 8

11 Bid Submittal Information Sealed Bid Submittal Deadline: Bids are due on or before June 24 by 5:00 pm Central Time, delivered electronically to Hilco Real Estate, Attention: Furniture Brands Project Manager via to All bids must conform to the Purchase and Sale Agreement form found at The accompanying earnest money deposit must be sent via wire transfer to the Escrow Agent as detailed in the Purchase and Sale Agreement. Contact a member of Hilco s Transactional Team at with questions. On-Site Inspections: Opportunities to inspect the properties are scheduled by appointment only. Please allow at least a two-day advanced notice prior to the requested tour date. Contact a member of Hilco s Transactional Team at for an appointment. Information Line: Fax: On the Web: Requirements for Placing Bids: 1. An executed copy of the Purchase and Sale Agreement, available for download from 2. Wire transfer equal to 10% of your Bid Price made payable to the Escrow Agent as defined in the Purchase and Sale Agreement. Wiring instructions are available on the Hilco website. 3. Documentation from a recognized bank or equity source showing financial ability to complete the transaction. Due Diligence Information: All due diligence information provided by the seller is available for review at Access to this information is available by completing the Non- Disclosure Agreement (NDA), then returning this document to Hilco via to nkarth@hilcoglobal.com or via fax to This document is available for download at An executed NDA is required to participate in the sale. Terms of Sale: This sale is being conducted subject to United States Bankruptcy Code and the Purchase and Sale Agreement. All sales are subject to bankruptcy court approval. About Hilco Real Estate Hilco Real Estate, a Hilco Global company, is one of the industry s most respected and accomplished authorities on real estate repositioning, restructuring and sales. Acting as an agent or principal, we advise and execute strategies to help both healthy and distressed clients derive maximum value from their real estate assets. Our extensive restructuring experience and creative sales strategies are leveraged by substantial access to capital and a vast network of buyers and sellers, enabling us to exceed expectations even in the most complex situations. About Hilco Global Hilco Global is an independent financial services company and the world s preeminent authority on helping companies convert current assets into more profitable assets. We earned this reputation after decades of providing both healthy and distressed companies with creative solutions and advice to maximize value. In many instances we also provide capital, demonstrating our willingness to share risk and reward. As a Hilco Global customer, you get a bestin-class client experience delivered by owner-entrepreneurs who are focused on producing the strongest results on every engagement. The information contained herein is subject to inspection and verification by all parties relying on it. No liability for its inaccuracy, errors, or omissions, are assumed by the Sellers, Broker or their representatives. This offering is subject to prior sale & may be withdrawn, modified or canceled without notice at any time. This is not a solicitation nor offering to residents of any state where this offering may be prohibited. The Seller, Broker and their agents assume no liability for inaccuracies, errors or omissions. ALL SQUARE FOOTAGE, DIMENSIONS AND ACREAGE ARE APPROXIMATE. All the properties are being sold on an AS IS, WHERE IS basis.

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