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Officials open to multiple tenants for Coldwater site

Parkersburg News and Sentinel file photo The Wood County Development Authority will consider allowing multiple entities to share space in the former Coldwater Creek facility.
Parkersburg News and Sentinel file photo
The Wood County Development Authority will consider allowing multiple entities to share space in the former Coldwater Creek facility.

PARKERSBURG, W.Va. — The Wood County Development Authority will consider allowing multiple entities to share space in the former Coldwater Creek facility.

Cam Huffman, president and CEO of the economic development organization, which owns the building, said the option of subdividing the 962,000-square-foot facility opens it up to more potential tenants.

“We are getting some hits from people that are not interested in as many square (feet),” he said. “We just decided we really didn’t want to limit any prospect.”

The facility reverted to the authority last year after Idaho-based Coldwater Creek filed for bankruptcy. Officials say it has generated interest from various companies in the last few months.

But some companies might just want 400,000 square feet initially with an option to expand, Huffman said. Allowing for that possibility expands the marketability of the site.

The building is located in the Pettyville area but is in Parkersburg city limits. It has 659,000 square feet on one level, 220,000 square feet of mezzanine space and another 83,000 for office space, said Holmes “Butch” Shaver, director of commercial and industrial sales and leasing for Berkshire Hathaway HomeServices Real Estate Center, which is working with the authority and international realty company JLL to market the facility.

“Obviously, the best-case scenario would be to find one user,” Shaver said. But “they have to consider every possibility.

“We’re not going to turn a user down if they want 400,000 square feet,” he said.

Shaver said he’s still confident a large-scale manufacturer or some other company will take advantage of the entire space.

“There’s nothing else in the state like it,” he said, citing the building’s size and proximity to Interstate 77. If “a huge manufacturer wanted a space, we can sure … put them in there cheaper than building a new building.”

Huffman said the authority continues to pay for utilities and maintenance on the building, although some of those costs have decreased in recent months as cleanup and prep work have been completed. He did not have a total monthly cost immediately available.

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