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1RACER TRUST PROPERTY IN SHREVEPORT, LA

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Prime industrial land in Shreveport, LACreated January 6, 2012 • Updated December 7, 2017

PROPERTY SOLD


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3 Property Summary 4 Property Location 5 Property Assets 8 Property Details 17 Property Ownership and Recent History 18 Community Vision for Property 21 Environmental Conditions 23 Collateral Information, including: * Transportation Assets * Access/Linkage * Airports * Port Facilities * Regional Bus Service * Utilities and Natural Gas * Zoning and Business Assistance 31 Regional Overview, including: * Community Snapshot * Workforce Programs & Services * Education * Largest Manufacturing Employers * Employment Snapshot * Medical Facilities and Emergency Services * Links to Helpful Resources 46 Demographic Information 48 RACER Summary 49 Conditions 50 Transaction Guidelines/Offer Instructions 51 Links for Buyers

Table of Contents


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Shreveport Assembly and Stamping Plant7600 General Motors BoulevardShreveport, LA 71130

This plant comprises a 529.8-acre area located in a quality industrial park southwest of Shreveport, LA. While not in the City limits (the Property is located in Caddo Parish), it enjoys City services and utilities. The main building contains more than 1.8 million square feet of air-conditioned floor space and approximately 18 miles of conveyor line for assembly under one roof. Wastewater treatment, heating, steam generation, deionized water, bulk-fluid transfer and air conditioning is supplied by the plant’s powerhouse.

County: Caddo Parish

Land Area: 529.8 acres

General Description: One main building with 1.8 million square feet and an associated paint shop building with 1.5 million square feet

Zoning: I-2 Industrial District (land and structures used for heavy manufacturing located with convenient access to existing and future arterials, thoroughfares and railways)

Tax Parcel Number: 171528000002800

RACER Site Number: 11920

More information about this property may be reviewed on RACER’s website atwww.racertrust.org/Properties/PropertyDetail/Shreveport_1192/Details_1192.

Property Summary


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Property Location

Shreveport Assembly Plant (Site #11920)

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Shreveport Assembly and Stamping Plant7600 General Motors BoulevardShreveport, LA 71130

©2017 Google

*Disclaimer: Property boundaries presented on this map are for informational purposes only and have not been prepared for legal, engineering, or surveying purposes. RACER makes no representations as to the accuracy of the maps, aerial photographs, or boundary depictions contained herein.

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Property Assets

• Ideally suited for heavy manufacturing use with ample room for expansion opportunities.

• Rail service to Property.

• Heavy utility available to Property; heavy utility distribution within facilities.

• Good geographical access.

• Buildings in excellent condition.

• Local community boasts good quality of life and pro-industry attitude.

• Abundant skilled labor workforce.


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Property Assets (continued)


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Property Details

OverviewLocation 7600 General Motors Boulevard, Shreveport, LA 71130Tax Parcel ID Numbers 171528000002800Total Land Area of Property (Acres) 529.8Total Land Assessed Value* $655,970Total Improvement Assessed Value* $2,016,050Total Assessed Value* $9,038,720Total Annual Property Taxes $136,467

ZoningI-2 Industrial District (land and structures used for heavy manufacturing), with convenient access to existing and future arterials, thoroughfares and railways

Visibility AverageShape IrregularRoad Frontage 4,365 feetRoad Access AdequateNumber of Structures at Property 3

Types of Structures at PropertyMain plant including former assembly and stamping areas; associated paint shop and sludge building; wastewater treatment plant and power house

Total Floor Area (SF) 3,386,975

*Assessed values are significantly reduced through a tax abatement program.


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Property Details (continued)

Utilities Available at siteElectricity Available at siteSewer Available at siteWater Available at siteNatural Gas Available at siteAdequacy of Utilities Adequate

Licenses for Temporary Use (If Any) GM manufacturing operations to continue untilAugust 31, 2012

Storm Water Management System On-site wastewater treatment plantWastewater Management System On-site wastewater treatment plantIndustrial Pretreatment System On-site wastewater treatment plantVehicle Parking (Number of Spaces) N/APrior GM Use Manufacture of mid-size pickup trucks

Surrounding Owners/Uses Industrial land to north and east; vacant land to south; and vacant and industrial land to west

Rail Service YesName and Proximity to Nearest Interstate Highway(s) I-20 (2 miles); I-49 (12 miles)Name and Proximity to Nearest Commercial Airport(s) Shreveport Regional Airport (5 miles)Name and Proximity to Nearest Commercial Seaport(s) Port of Shreveport-Bossier (20 miles)School District Caddo Parish Schools


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General Assembly and Stamping PlantYear Constructed 2002Floor Area, General Assembly Area (SF) 997,375Floor Area, Stamping Area (SF) 240,000Floor Area, Body Shop Area (SF) 602,500Number of Floors 1Roof Construction Single ply membraneMezzanine Floor Type MetalColumn Spacing 50’ (General Assembly Area and Body Shop Area)Dock Doors, General Assembly Area 49Dock Doors, Stamping Area 4Dock Doors, Body Shop Area 10Floor Type ConcreteElevators 1 freight in Stamping Area


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General Assembly and Stamping Plant (continued)Fire Suppression System SprinklersLighting System Sodium and/or fluorescent tube

Heating SystemDirect-fired natural gas or steam from powerhouse; natural gas door heaters

Electric Service Southwestern Electric Power Company 13,800Natural Gas Service CenterPoint EnergySteam Service Provided by on-site powerhouseCompressed Air Service Provided by on-site powerhouseWater Service City of ShreveportIT Service Provided by HP Enterprise ServicesEmergency Generator Diesel generator

Security System24-hour staffed gates, security cameras, 8-foot chain-link fence topped with barbed wire, security patrols

Asbestos-containing Materials Fire doors, roof flashing, arc chutes in substations

Note: The plant also is air conditioned.


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Paint Shop and Sludge BuildingPaint Shop Old Trim Building

Year Constructed 1978 1978

Uses Medium-duty truck paintingGeneral Assembly Trim/Paint Shop buffer

Floor Area (SF) 712,800 226,800Number of Floors 1 - Conveyors on roof 1 - Conveyors on roofFloor Type Concrete ConcreteCeiling Height (ft.) 32’ 8” 32’ 8”Clear Height (ft.) 25’ 4” 25’ 4”Column Spacing (ft.) ~45’ ~45’Roof Construction Built up Built upMezzanine Floor Type Metal NoneDock Doors 2 4Elevators 1 - freight NoneFire Suppression System Cardox tank SprinklersLighting System Sodium and/or fluorescent tubeHeating System Direct-fired natural gas or steam from powerhouse; natural gas door heatersElectric Service Southwestern Electric Power Company 13,800Natural Gas Service CenterPoint EnergySteam Service Provided by on-site powerhouseCompressed Air Service Provided by on-site powerhouse


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Paint Shop and Sludge Building (continued)

ELPO/Phosphate Building Sludge Building Old General Assembly Building

Year Constructed 2002 1978 1978

UsesElectro-coating sheet metal bodies

Paint sludge processing system

Skilled trades shops, admin, main medical, security

Floor Area (SF) 60,750 30,375 516,375Number of Floors 4 1 1 - Conveyors on roofFloor Type Concrete Concrete ConcreteCeiling Height (ft.) 32’ 8”Clear Height (ft.) 25’ 4”Column Spacing (ft.) ~45’ ~45’Roof Construction Built up Single ply membrane Built upMezzanine Floor Type None None NoneDock Doors 0 0 12

Paint Shop and Sludge Building (continued)Paint Shop (continued) Old Trim Building (continued)

Water Service City of ShreveportIT Service Provided by HP Enterprise ServicesEmergency Generator 1 diesel generator Fire alarm call boxes

Asbestos-containing MaterialsFire Doors, cardox system gaskets, roof flashing, arc chutes in sub-station

Fire doors, roof flashing, arc chutes in sub-station


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Paint Shop and Sludge Building (continued)ELPO/Phosphate Building (continued) Sludge Building (continued) Old General Assembly

Building (continued)Elevators 1 - freight None NoneFire Suppression System SprinklersLighting System Sodium and/or fluorescent tubeHeating System Direct-fired natural gas or steam from powerhouse; natural gas door heatersElectric Service Southwestern Electric Power Company 13,800Natural Gas Service CenterPoint EnergySteam Service Provided by on-site powerhouseCompressed Air Service Provided by on-site powerhouseWater Service City of ShreveportIT Service Provided by HP Enterprise ServicesEmergency Generator Included with paint shop Included with paint shop 1 diesel generatorAsbestos-containing Materials None




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WWTP and Powerhouse BuildingWWTP Powerhouse Building

Year Constructed 1978 1978Roof Construction Built up Built upNumber of Floors 2 6Floor Type Concrete ConcreteMezzanine Floor Type Concrete MetalElevators None 1 - freightFire Suppression System Sprinklers SprinklersLighting System Sodium and/or fluorescent tubeHeating System Steam/electricElectric Service Southwestern Electric Power Company 13,800

Natural Gas Service CenterPoint Energy CenterPoint Energy and Renovan Lanfill Gas

Steam Service Provided by on-site powerhouse Steam providerCompressed Air Service Provided by on-site powerhouse Compressed air providerWater Service City of ShreveportIT Service Provided by HP Enterprise ServicesEmergency Generator Included with powerhouse 1 diesel generator

Security System24-hour staffed gates, security cameras, 8-foot chain-link

fence topped with barbed wire, security patrolsAsbestos-containing Materials Fire doors, roof flashing, arc chutes in sub-station


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437 Acres

30.8 Acres

62 Acres


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Construction of the plant began in 1978 and was completed in 1981. The facility was built on undeveloped land onto which large volumes of soil was imported for fill.

General Motors began its manufacturing activities in the latter half of 1981. Here, GM builds Chevrolet and GMC brand light-duty pick-up trucks. Automotive parts representing the chassis, motor, transmission-drive train, trim accessories and all other components are manufactured at other GM facilities and/or GM vendors and shipped to the Property via railroad, highway or air for final assemblage. The main processes that occur at the plant include: welding of steel subassemblies and parts into trucks and sheet-metal assemblies; washing and painting; inside and outside hardware assembly; chassis assembly including installation of the engine, axle, transmission, and associated parts to the chassis frame; and final assembly operations for a finished truck. Other operations include final truck repairs, maintenance, administrative offices and other minor associated activities.

The property was expanded to the east in 2002. Operations were expanded with a new stamping plant and general assembly body shop areas. Significant modifications also were made to the natural gas-fired powerhouse and paint shop.

Property Ownership and Recent History


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The RACER Trust was created in March 2011 by the U.S. Bankruptcy Court to clean up and position for redevelopment 89 properties and other facilities owned by the former General Motors Corp. before its 2009 bankruptcy. The Settlement Agreement establishing the Trust described the criteria that the Trust, at a minimum, must consider when selling properties. These criteria include the views of the local communities. The community has provided the following in response to RACER’s request:

Community Vision for Property


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Community Vision for Property (continued)


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Environmental Conditions

In 1984, GM submitted a Resource Conservation and Recovery Act (RCRA) Part A application to the Louisiana Department of Environmental Quality (LDEQ) for the storage of hazardous waste over 90 days at two hazardous waste management units: the Drum Waste Management Pad and the Thinner Tank System Pad. These areas are discussed below.

GM removed the only underground storage tank on the property (a 5,000-gallon steel tank) and associated underground service lines. An existing above-ground fuel system was modified to handle the operations previously assigned to the underground tank system. The project was documented in a closure report dated December 14, 1989, and complied with all current state and federal regulations. LDEQ approved the closure in a letter dated January 31, 1990.

In April 1992, the LDEQ completed a RCRA Facility Assessment for the Property, which was designed to identify environmental releases or potential releases from Solid Waste Management Units (SWMUs). Fourteen SWMUs were identified, including: the Solid Waste Separator Area; the Sludge Storage Area; the Waste Treatment Area; the Barrel Storage Area; the Waste Thinner Tank Area; the Central Sludge-Sludge Storage Areas; the Strip Room; the Tank Farm; the Retention Basin; the Emergency Electrical Generators; the Paint Mix Sealer and Powder Storage; the West Side Expansion Area; the ELPO Pump House; and the Chrome Treatment Area. After completion of the preliminary review and a site visit, the LDEQ found no evidence to warrant further investigation of any of these areas.

During a proposed expansion plan in December 1999, GM completed a Phase II investigation, as required by LDEQ, of two undeveloped tracts east of the Property. In January 2000, additional soil and groundwater data were collected. Groundwater metal concentrations were detected above screening standards. Additional groundwater data collected in November 2005 indicated that lead concentrations were greater than the screening standards. In May 2006, a Risk Evaluation/Corrective Action Program Report and Request for No Further Action was submitted to LDEQ, based on current land use and exposures. LDEQ approved the No Further Action letter on October 11, 2006.

GM operated the Drum Waste Management Pad and the Thinner Tank System Pad from 1979 to April 26, 2002. While the facility was considered as an interim status hazardous waste storage facility, the storage that did occur was within an above-ground tank and in drums stored on curbed concrete. Waste has not been stored in surface impoundments, waste piles or disposed of on-site. In May 2001, GM submitted a Hazardous Waste Storage Facility Closure Plan to the LDEQ, which was approved by LDEQ on February 27, 2002. Activities associated with the closure of the two areas began March 5, 2002, and were completed April 26, 2002.


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Environmental Conditions (continued)

To verify that operation of the two hazardous waste storage areas had not adversely impacted subsurface soils or groundwater at the Property, GM conducted a site investigation. Associated tanks and pads were dismantled, removed and disposed or recycled. A loading pad was replaced with concrete and the remainder was covered with rock to facilitate reuse for parking or equipment storage. The Drum Pad was decontaminated and inspected for integrity and will continue to be used for <90-day storage of hazardous waste until GM ceases operations at the Property. LDEQ approved the closure of the plant’s interim status in a letter dated February 16, 2004.

In 1999, a Fire Training Area used to simulate conditions within the plant during emergencies was investigated. Reportedly, diesel fuel was introduced and ignited within the structures and the resultant fires were doused using extinguishers and water hoses. The results of the investigation indicated that a very limited area of shallow soil impact occurred. An appropriate evaluation of the data was conducted and no further investigation was deemed necessary. LDEQ issued a closure approval letter for the area on July 1, 1999.

Based on the above, the relatively young age of the plant and the systems in place to prevent issues, there are no current open or unresolved environmental issues on the Property. As a result, the Settlement Agreement that established the Trust set aside $0 for future investigations and potential cleanup activities.

RACER Trust, U.S. EPA and State regulatory authorities offer a variety of buyer protections designed to shield your investment and restrict or eliminate your liability for environmental impacts resulting from previous uses, regardless of whether these conditions were known at the time of purchase or transfer. For more information about liability protections, please visit http://bit.ly/1EsnxjB.


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Airport

Collateral Information: Transportation AssetsCollateral Information: Transportation Assets

1 mi2 km

©2017 Google

Railroad Line

Highway

Property

Port


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Northwest Louisiana is central to the entire Southeast and boasts an intermodal network of interstate highways, railways, airports, and four interconnected ports with access to deep water. Ground transportation can deliver goods to nearly 30 million consumers in some of America’s largest markets in just one day. This makes Northwest Louisiana an ideal location for companies that need quick access to multiple population centers.

The region is served by three interstate highways: I‐20, I‐49 and I‐220. Completion of I-49 between the Arkansas state line and Shreveport, which will enhance the connection between Texarkana and I-30, is expected within the next 3 years. I-49 offers convenient access to I-10, the southernmost interstate highway that stretches coast-to-coast. A third interstate, the proposed I‐69, also will serve the region as a north/south corridor. U.S. Highways 63, 71, 79, 80, 84, 165, 167, 171, 371 and 425 also serve the region.

The Shreveport Property is located two miles from I-20, convenient to two interchanges, and five miles from Shreveport Regional Airport, which has a Free Trade Zone designation.

Two Class I railroads also serve the area — Union Pacific Railroad (www.up.com) and Kansas City Southern Railway(www.kcsouthern.com). There also is a connection to the Burlington Northern Santa Fe Railway (www.bnsf.com). The largest railyard in the KCS network is located in Shreveport. UP also has a substantial presence in the area.

Collateral Information: Access/Linkage

*Information obtained from North Louisiana Economic Partnership.


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Two primary airports serve the Shreveport area.

• Shreveport Downtown Airport — www.shreveportla.gov/airport/dtnairport.htm

Shreveport Downtown Airport, located just north of downtown Shreveport in Bossier Parish, has two runways — 5,017 feet and 3,200 feet. It accommodates private aviation, mostly small planes and helicopters.

• Shreveport Regional Airport — www.shreveportla.gov/airport

Shreveport Regional Airport, located in southwest Shreveport (Caddo Parish), is served by five regional air carriers, with flights to Atlanta, Dallas, Houston, Las Vegas, Memphis and seasonal service to Destin and Orlando. It has two 8,351- foot runways and two 6,202-foot runways. The airport is recognized as the second-busiest air cargo airport in Louisiana, with daily service through FedEx Express and United Parcel Service.

Collateral Information: Airports



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The Port of Shreveport-Bossier is a 2,300-acre, multi-modal transportation and distribution center that links customers throughout the region to domestic and international markets. As one of the fastest inland ports in the nation, The Port of Shreveport-Bossier (www.portsb.com) is known for its ease of doing business and for having some of the lowest utility rates in the country.

Located on the Red River Waterway just south of Shreveport-Bossier, the port has immediate access to barge, rail, motor freight and air transport, providing a robust network of distribution.

The port provides access to the Mississippi River, Gulf Intercoastal Waterway and Gulf of Mexico. It features a Free Trade Zone, Enterprise Zone and U.S. Customs Port of Entry designation.

The broader region has three other shallow draft ports and access to the Louisiana Port Network, the largest network of ports in the U.S.

Primary cargoes at the Port of Shreveport-Bossier include liquid products, aggregate, coiled steel, plate steel, fertilizer, ship modules, containers, scrap steel, steel beams, coal, tire chips, logs and industrial wastewater.

Collateral Information: Port Facilities



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SporTran (Shreveport Transit System) — www.sportran.org

SporTran is the largest public transportation system in northwest Louisiana. Based in Shreveport, SporTran provides service to Shreveport and Bossier City.

Its 50 buses operate daily, including weekends. It has nine vans that serve as a demand‐response transit system for the disabled, including three that are available on weekends. Discount fares accommodate students, senior citizens and monthly riders.

Collateral Information: Regional Bus Service

*Information obtained from www.spotran.org.


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The City of Shreveport, Caddo Parish and the Shreveport/Bossier City MSA area is served by AEP Southwestern Electric Power Co. (www.swepco.com), an operating company of publicly held Columbus, Ohio-based American Electric Power (AEP). AEP SWEPCO’s operating headquarters is based in Shreveport. The company is known for its reliable quality and competitive rates.

Industrial electric rates in the AEP SWEPCO compare favorably to state and national averages. As of June 30, 2011, the industrial average electric rate for AEP SWEPCO was 5.46 cents/kWh compared to the state average of 5.62 cents/kWh and the national average of 6.68 cents/kWh, according to the Edison Electric Institute bi-annual survey. AEP SWEPCO’s average industrial rate was 2.9 percent less expensive than the state average and 18.3 percent less than the national average.

The Property is supported by a strong 138 kV transmission source. The facility is served by dual 12,500-volt distribution lines through dual 40 MVA transformers with multiple delivery locations within the facility. AEP SWEPCO provides maintenance services to a substation that is on the Property.

Collateral Information: Utilities

CenterPoint Energy (www.centerpointenergy.com) provides natural gas service in Northwest Louisiana and to the Property. With more than 5 million metered customers and a long history of service, CenterPoint Energy is composed of: an electric transmission and distribution utility serving the Houston metropolitan area; local natural gas distribution for businesses in six states; a competitive natural gas sales and service business serving customers in the eastern half of the U.S.; interstate pipeline operations with two natural gas pipelines in the mid-continent region; and a field services business with natural gas gathering operations, also in the mid-continent region.

Shreveport’s proximity to natural gas in the Haynesville Shale keeps energy costs low and results in billions of dollars of economic activity for the region. There are more than 100 natural gas rigs in Northwest Louisiana.

Collateral Information: Natural Gas


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Zoning details can be found in the Property Details pages.

The Property is located within the boundaries of Foreign Trade Zone 145. A FTZ provides competitive advantages to companies involved in international trade through deferral, reduction or elimination of U.S. Customs duties. Potential buyers interested in applying for FTZ status or as a foreign trade subzone should contact the FTZ 145 grantee, the Caddo-Bossier Parishes Port Commission, at 318-524-2272.

The Caddo Parish government (www.caddo.org) and the Metropolitan Planning Commission (www.shreveportla.gov/MPC) can provide detailed information and support as needed.

Companies, consultants or other representatives considering investment in the area can rely on support from several other organizations as well.

The North Louisiana Economic Partnership is a private, non-profit economic development marketing organization that often serves as the first stop for either existing companies or prospective companies looking to expand or locate in the Shreveport metro area and northwest Louisiana. NLEP facilitates information gathering with useful tools and resources on its website, www.nlep.org, and with customized request-for-information packets. NLEP’s services include advice and advocacy on incentives, building a team of partners to support growth plans, and providing logistical support and coordination for site visits, all at no cost to businesses. NLEP helps companies/consultants with direct connection and introduction to local business leaders and others as desired as part of the review and selection process, including leaders with Caddo Parish, Shreveport and other entities.

The NLA Employment Opportunities Network, or NEON (www.workthisway.org) is a branded initiative of the NLEP. NEON offers a variety of resources for businesses and individuals considering a move to northwest Louisiana, including news and advice about workforce recruitment, connections to area colleges and universities, and cultural and community information that are important to both local and out-of-town employers and prospects.

Louisiana Economic Development is responsible for strengthening the state’s business environment and creating a more vibrant Louisiana economy. To position Louisiana for greater economic success, LED is aggressively pursuing eight integrated economic development strategies:

Collateral Information: Zoning and Business Assistance


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Collateral Information: Zoning and Business Assistance (continued)

• Increase state economic competitiveness.

• Cultivate top regional economic development assets.

• Enhance community competitiveness.

• Focus on business retention and expansion.

• Develop national-caliber business recruitment capabilities.

• Cultivate small business, innovation and entrepreneurship.

• Develop robust workforce solutions.

• Tell the story of Louisiana’s economic renaissance.

LED strives to help businesses find the resources they need to make relocation and expansion a successful, profitable endeavor. LED recently was ranked the No. 1 state economic development agency in the nation.

Louisiana FastStart (www.louisianaeconomicdevelopment.com) is a free and customized service provided to qualifying companies wishing to operate in Louisiana. To qualify, a company must first commit to creating a net of at least 15 new, permanent manufacturing jobs, or a net of at least 50 new, permanent service-related jobs. Louisiana FastStart works with a wide variety of companies — from advanced manufacturing to corporate headquarters, customer support to game development and other digital media facilities. Louisiana Economic Development also has listings of incentives available to business, including federal and state tax incentives, the application process, and so forth. FastStart has twice been ranked the top state workforce development program/solution in the nation.

The state of Louisiana offers a host of other incentive programs, including Enterprise Zone tax credits, Restoration Tax Abatements and a Technology Commercialization Credit and Jobs Program. For more information on Louisiana’s incentives, please call 225-342-5675.


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Forbes.com and KPMG Competitive Alternatives ranked the northwest Louisiana region the most cost-competitive region in the nation and in North America, respectively, in 2010. The region delivers both value and quality. Northwest Louisiana is home to 12 universities and colleges, approximately 130,000 individuals with associate degrees or higher, and a civilian labor force of 341,281 workers familiar with manufacturing processes.

The Shreveport-Bossier Metro Area has among the nation’s most vibrant, diverse, and balanced economies of its size. The Bureau of Economic Analysis has ranked the metro area among the top 10 for regional GDA growth in both 2009 and 2010.

Caddo Parish, where the Property is located, has more than 250,000 residents, and the Shreveport-Bossier City metropolitan area is home to more than 375,000 residents. The broader northwest Louisiana region has morethan 800,000 residents in 14 parishes. The warm climate makes outdoor recreation a year-round possibility.

Shreveport is considered to be the commercial and cultural center of the Ark-La-Tex confluence. The economy was historically driven by oil. However, the downturn in the 1980s greatly impacted the area. Today Shreveport has transformed its economy into one of the most diverse for its size. The State of Louisiana has the third-largest film industry, behind California and New York.

Northwest Louisiana supports a large and sophisticated healthcare sector, a competitive manufacturing base, a reenergized oil and gas sector, a sizeable and diverse service sector and supplier network, a transforming timber/paper industry, a hospitality/gaming industry, federal installations and more. The region also provides a rich quality of life with diverse choices of entertainment, sporting events, outdoor activities, restaurants, shopping and culture. The Strand, a restored grand theater, and Municipal Auditorium are among the area’s cultural destination highlights.

Beyond its more traditional business sectors, northwest Louisiana also nurtures emerging sectors including information technology, biotech/life sciences and creative industries, which in addition to film include music and other entertainment. The region also is home to one of the nation’s most strategic military installations, Barksdale Air Force Base. Barksdale adds strength and stability to the economy through its active duty personnel, their families and a large and growing retiree base.

Regional Overview: Community Snapshot


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According to the Louisiana Workforce Commission (www.laworks.net), the Shreveport-Bossier Metropolitan Statistical Area (MSA) added 4,800 new jobs from May 2010 to May 2011. The metro’s 12-month overall gain came from 2,600 additional goods-producing jobs and 2,200 more service jobs.

Numerous national news outlets have recognized Shreveport-Bossier’s job growth. Forbes ranked Shreveport-Bossier seventh among mid-size metros on its national list of “Best Cities for Jobs.” The Daily Beast, a news website, named Shreveport-Bossier one of the best cities for new graduates, based on job growth, cost of living, per capita personal income and other factors. Site Selection, a leading economic development journal, ranked Shreveport-Bossier fourth in the country for economic development, based on the number of new corporate locations and business expansions.

The region also is rich in cultural diversity. National touring musical artists perform at the CenturyLink Center(www.centurylinkcenter.com) in Bossier City and riverboat casinos in Shreveport-Bossier; there are numerous annual festivals to suit a variety of tastes; and a symphony orchestra in Shreveport. The Robinson Film Center (www.robinsonfilmcenter.org)opened as the first film center of the South in downtown Shreveport in 2008, across the street from Artspace(www.shrevearts.org/artspace), Shreveport’s first arts center dedicated to the creation, production, presentation, promotion and exploration of all of the art disciplines for multi-generational audiences.

Regional Overview: Community Snapshot (continued)


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The U.S. Department of Labor’s Bureau of Labor Statistics reported a preliminary unemployment rate of 4.7 percent in the Shreveport labor market for October 2017, the most recent month for which statistics are available. The state rate was 4.8 percent and the national rate was 4.1 percent.

There are numerous resources in Northwest Louisiana to help employers engage, hire, train and re-train employees. These programs and services range from federal to state to regional to local, and are administered by public, private and non-profit organizations. Below is a brief description of the workforce programs and services available in Northwest Louisiana.

NEON

The North Louisiana Employment Opportunities Network, or NEON, is a program of the North Louisiana Economic Partnership designed to grow awareness of this region’s employers and the skills they are seeking, as well training programs that address demand skills, and opportunities for networking with target companies or their employees. NEON services include:

• Internet and social media sites that market the region to local and non-local job seekers, and individuals who have been recruited here by a local employer and may have a trailing spouse that is looking for a career. • Consultation with specific employers (new or existing) or sector-specific groups of employers to address particular recruitment issues. • Recruiter training. • Introductions to relevant faculty/staff at regional universities, community and technical colleges.

Regional Overview: Workforce Programs & Services


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Regional Overview: Workforce Programs & Services (continued)

Louisiana FastStart

A program of Louisiana Economic Development, FastStart provides customized employee recruitment, screening, training development and training delivery for eligible, new or expanding companies – all at no cost. It has been recognized for its innovation, effectiveness, flexibility and efficiency and was named by Business Facilities magazine as the nation’s best state workforce training program.

Based on a company’s immediate and long-term workforce needs, the FastStart team crafts unique programs that ensure high-quality, flexible workers are prepared day one and beyond. The FastStart team includes dozens of experienced professionals from a range of businesses – manufacturing to corporate headquarters, digital media to customer support centers and R&D.

Louisiana Workforce Commission

Formerly Louisiana’s Department of Labor, the mission of the LWC is to lead the redevelopment of the state workforce system to deliver the workforce that Louisiana’s current and future employers need. Services are delivered by the 18 Business & Career Solutions Centers located throughout the state.

Business Customer services include:

• Employee recruitment and screening. • Posting job openings on local, state and national websites. • Receiving and forwarding applicant resumes. • Pre-screening and referral of qualified job seekers. • Tax credit information. • Workers compensation information. • Unemployment Insurance (UI) information. • On-the-job Training program (OJT)—reimburses employers for wages paid to WIA participants who are being trained on the job. • Incumbent Worker Training Program (IWTP)—reimburses employers for the skill development of existing employees.


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• Labor laws information. • Labor market information, such as:

Occupational Information 1. Employment Projections 2008 to 2018. 2. Occupational Employment by Industry. 3. Occupational Wages—current estimated wages for select occupations. 4. Demand Occupations.

Industry Information 1. Industry Employment Projections 2008 to 2018. 2. Industry Staffing Patterns—occupations within a certain industry in a specific geography. 3. Quarterly Census of Employment and Wages—employment data in a specific geography. 4. Monthly Non-farm Employment—current and historical data in a specific geography. 5. Employer Database—lists employers in a specific area by type of industry.

Higher Education & Training

Within an hour’s drive of the Shreveport metro area, there are nine two- and four-year Louisiana colleges and universities that provide excellent training for a variety of workforce needs. The community and technical colleges in the region have proven especially responsive to the needs of regional employers and have quickly adopted new degree and certificate programs to address critical skills shortages in industry sectors that have strong growth potential in the region, such as healthcare, energy, manufacturing, hospitality and information technology. Their enrollment has grown significantly over the last several years as a result. There are also many strong higher ed training providers in east Texas that are within an hour’s drive of the Shreveport metro region.

Industry-Education Collaboration in Workforce Development

Northwest Louisiana has witnessed some impressive partnerships develop between industry and education over the last several years to create new interest in target occupations among the future workforce living in the region. Organizations like the Biomedical Research Foundation and the Cyber Innovation Center have sponsored innovative programs at the K-12 level


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to attract students to science, technology, engineering and math fields of study. Most recently, a collaboration of energy companies operating in the Haynesville Shale have partnered with the Consortium for Education, Research and Technology and several regional colleges and universities to develop the Energy Camp Summer Program for regional high school students to learn more about the energy industry and careers it offers.


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Regional Overview: Education

K-12 Education

The Shreveport-Bossier area offers many excellent K-12 education options.

In 2010, several schools in both Caddo (www.caddo.k12.la.us) and Bossier (www.bossierschools.org) parishes scored 4- and 5-star ratings (with 5 the maximum) based on state school performance scores (http://bit.ly/PeBaql). Many of these high-ranking schools are within a 20-minute commute of the city centers of Shreveport and Bossier.

Caddo offers a diverse mix of traditional public, public magnet and private schools at every grade level, including many with very high student achievement. North Bossier in particular offers a strong, growing network of neighborhood-based public schools at every grade level with consistently strong student achievement and community support. Examples of some of the superior schools in the area include:

• Caddo Magnet High School (www.caddomagnet.net) is a college preparatory school for academics and performing arts located in Shreveport. It is one of the top high schools in the U.S. and is nationally recognized by “U.S. News and World Report” as a Silver Medal winner (in the top 3 percent of high schools) and by the U.S. Department of Education as a Blue Ribbon School (for academic superiority). It is the only 5-star high school in northern Louisiana.

• The Montessori School for Shreveport (www.montessorishreveport.com) is one of the oldest Montessori schools in the United States. MSS is accredited by the American Montessori Society and is at the forefront of Montessori education in Louisiana.

• Stockwell Place Elementary (stockwell.bossierschools.org), a Bossier City kindergarten-5th grade school, is a Louisiana 4-star school of excellence, with a School Performance Score in the top 1 percent of all schools in Louisiana. It was also designated a U.S. Department of Education Blue Ribbon School.


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Regional Overview: Education (continued)

Additional K-12 options are available to high school students with special interests, including:

• Schools with focused industry-based curricula (e.g., biotechnology, engineering, vocational and technical trades). Some of the regional organizations that support industry-K-12 education collaboration include:

— Math Science and Technology Program at Southwood High School and Keithville Middle — www.southwoodcowboys.org/pages/mst-history

— Math/Science Magnet Program at C.E. Byrd High School — www.cebyrd.com

— Engineering Magnet Program at Captain Shreve High School — http://bit.ly/OteplD

— Cyber Camps and more through the Cyber Innovation Center — http://bit.ly/Q6mYPc

— Barksdale Air Force Base STARBASE program — http://bit.ly/PfJVAk

— Caddo Career & Technology Center — http://bit.ly/TPKRQh

— Louisiana State University at Shreveport’s Animation and Visual Effects Program — http://bit.ly/ShTRrG — offers regular workshops open to area high school students.

• One of the nation’s preeminent public residential high schools, The Louisiana School for Math, Science and the Arts (www.lsmsa.edu), is within an hour’s drive in Natchitoches, La.

Louisiana has one of the most aggressive school improvement approaches in the U.S.

• Louisiana consistently ranks among top 5 states in “standards and accountability” and “teacher quality” in third- party evaluations.

• Louisiana has long maintained one of the nation’s leading pre-K programs.


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Higher Education

Northwest Louisiana offers many options for building academic and technical resumes. From industry certification programs at one of the Louisiana Technical College campuses to a liberal arts degree at Centenary College to a PhD in Computational Analysis at Louisiana Tech, there is a wide variety of options to help in pursuit of a chosen career path.

As a healthcare hub, Northwest Louisiana also offers a number of options for pursuing medical education and careers, including three nursing schools (Northwestern State University, Southern University at Shreveport and the University of Louisiana at Monroe), the medical school of Louisiana State University and its Allied Health and graduate level programs, the College of Pharmacy at ULM, and a number of associate degrees and certification courses to qualify for just about any job in the medical field.

Louisiana two- and four-year, undergraduate and graduate colleges and universities within an hour’s drive of Shreveport-Bossier include:

• Bossier Parish Community College — www.bpcc.edu/tem/index.html

• Centenary College of Louisiana — www.centenary.edu

• Grambling State University — www.gram.edu

• Louisiana State University, Shreveport — www.lsus.edu

• Louisiana Tech University — www.latech.edu/ifm

• LSU Health — www.lsuhscshreveport.edu/Education/AcademicDepartments.aspx

— School of Medicine

— School of Allied Health Professions

— School of Graduate Studies


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• Northwest Louisiana Technical College — www.region7.ltc.edu

• Northwestern State University — www.nsula.edu

• Southern University at Shreveport — www.susla.edu

Community and Technical Colleges

The Louisiana Community and Technical College System works closely with business and industry to ensure that its schools are producing the workforce that Louisiana employers want and need by offering relevant degree programs (associates through certificate program) as well as being quality providers of specialized training through programs such as Incumbent Worker Training. All of these schools welcome feedback and guidance from area employers and most have program-specific advisory boards made up of private sector employers to ensure program relevancy. In the Shreveport-Bossier area, the schools that fall under this system include:

• Bossier Parish Community College (www.bpcc.edu/index.html): BPCC is a two-year community college with approximately 6,500 students enrolled each semester (enrollment grew 17 percent year-on-year based on Spring 2011 data). In addition to its degree programs, BPCC provides courses that transfer to four-year degree granting institutions. Some of the more recent industry-specific programs (from Associates Degree to certificate) designed in response to regional demand include: — Oil & Gas Production Technology, developed to address the dramatic increase in energy occupations in the region resulting from the discovery of the Haynesville Shale.

— Industrial Technology, to provide a stable supply of qualified workers who are ready for work or further training with regional manufacturers.

— Computer Information & Information Security Technology, to address the ramp-up in demand for computer- based technology skills resulting from the standing up of Global Strike Command at Barksdale AFB, the launch of the Cyber Innovation Center, the growth of local software development and digital media firms, and a general increase in IT-related jobs throughout all industry sectors.


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— Associate of Engineering, designed to give students a path to a career after two years or allow them to transfer to Louisiana Tech’s Engineering Program in their junior year.

• Northwest Louisiana Technical College (www.nwltc.edu): NWLTC has five campuses throughout Northwest Louisiana that offer quality technical education. Programs that specifically address the needs of manufacturers include:

— Machine Tool Technology

— Welding

— Industrial Instrumentation & Maintenance Technology

— Electrician and Electromechanical Technology

— Diesel Power Equipment Technology

While not part of the LCTCS system, Southern University at Shreveport (web.susla.edu/Pages/SUSLAhome.aspx) is the only two-year college within the Southern University system. SUSLA was voted the 3rd-best two-year university by Washington Monthly Magazine, recognized as the 6th-fastest growing two-year institution in the country and ranked 44th among two-year institutions graduating African American students. SUSLA offers a variety of Associate of Applied Science and Associate of Science degrees, Certificate of Technical Studies areas, and certificate programs. SUSLA has three academic centers and several satellite classrooms conveniently located throughout the community to meet the needs of its students. Programs that specifically address the needs of area manufacturers include:

• Airframe/Powerplant maintenance

• Electronics Technology

• Maintenance Technology

• OSHA-related safety training


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• Libbey Glass 950 employees• GM Shreveport* 900• Frymaster LLC 580• Cellxion LLC 458• Calumet Shreveport Lubricants 373• Foremost Dairy 350• Shaw Alloy Piping Products 250• Dolet Hills Mining Venture 247• UOP, LLC 208• McElroy Metals 200• Dr. Reddy’s Laboratories 191• Printpack Inc 160• Pratt Paper 140 (est.)• Gordon Inc 113• Ternium USA 108

Regional Overview: Largest Manufacturing Employers in Shreveport-Bossier MSA

*Scheduled for closure in August 2012.


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Regional Overview: Shreveport-Bossier MSA Employment Snapshot

• Education & Health Services 25.67%

• Trade, Transportation & Utilities 19.15%

• Leisure & Hospitality 12.82%

• Professional & Business Services 12.19%

• Natural Resources, Mining & Construction 9.75%

• Manufacturing 5.78%

• Government (Public Administration) 4.68%

• Other Services 2.78%

• Financial Activities 2.54%

• Information 1.67%


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The Shreveport-Bossier Metro Area and surrounding region have a highly developed and robust healthcare delivery system. A combination of prominent private, non-profit health systems and large academic teaching hospital that is home to a medical school, along with significant federal veteran healthcare, make the sector a quality-of-life asset and a key, stable economic driver for the region. More than 26,000 work in healthcare-related fields in the area. Assets include:

• Willis-Knighton Health System — www.wkhs.com

One of the region’s leading employers and innovators in providing care to area residents, the Willis-Knighton Health System, includes multiple health campuses, related operations and a continuing-care community. • Other major medical providers in the Shreveport area include:

— The Christus Schumpert Health System (680 beds) — www.christusschumpert.org

A part of the Christus health system, this faith-based health ministry operates multiple campuses and practices across the community.

— The LSU Health Science Center in Shreveport (476 beds) — www.lsuhscshreveport.edu

— Overton Brooks VA Medical Center (100 beds) — www.shreveport.va.gov

Overton Brooks and its associated operations are part of the South Central Health Care Network and provide comprehensive inpatient and outpatient healthcare to eligible veterans of the U.S. Armed Services. Overton Brooks serves more than 131,000 veterans in its primary service area.

As a healthcare hub, northwest Louisiana also offers a number of options for pursuing medical education and careers, including four nursing schools (Northwestern State University, Southern University at Shreveport, Grambling State University and the University of Louisiana at Monroe), the medical school of Louisiana State University and its Allied Health and graduate level programs, the College of Pharmacy at ULM, and a number of associate degrees and certification courses to qualify for just about any job in the medical field.

Regional Overview: Medical Facilities and Emergency Services

The LSU Health Science Center Core Lab


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Links to Helpful Resources

* Local Resources

• City of Shreveport — www.shreveportla.gov

• Caddo Parish — www.caddo.org

• Regional Economic Development — www.nlep.org

• Community Information — www.workthisway.org

* State Resources

• State — www.louisiana.gov

• Grow A Business — www.louisiana.gov/Business/Grow_a_Business

• State Economic Development — www.louisianaeconomicdevelopment.com

* Federal Resources

• U.S. Census Bureau — www.census.gov

• U.S. Department of Commerce — www.commerce.gov

• U.S. Economic Development Administration — www.eda.gov

• U.S. General Services Administration — www.gsa.gov

• U.S. Small Business Administration — www.sba.gov


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Population: 2010: 398,604 2000: 392,302

Population Growth: 2000 – 2010: 6,302

Median Age: 2010: 36.0 2000: 35.1

Median Household Income: 2010: $40,997

Per Capita Income: 2010: $23,466

Housing Units: 2010: 173,669

Vacant Units: 2010: 15,753

Owner Occupied: 2010: 101,375 2000: 100,289

Regional Overview: Demographic Information for Shreveport-Bossier MSA

Renter Occupied: 2010: 56,541 2000: 50,814

Housing Value: 2010: $122,900

2010 Household Income: Income less than $15,000: 17.2% $15,000 to $24,999: 16.6% $25,000 to $34,999: 11.7% $35,000 to $49,999: 12.5% $50,000 to $74,999: 17.0% $75,000 to $99,999: 10.7% $100,000 to $149,999: 9.6% $150,000 to $199,999: 2.3% $200,000 and Higher: 2.5%

Average Household Size: 2010: 2.47 2000: 2.53

2010 Population by Race and Origin: White: 224,828 Black: 155,174 Hispanic or Latino (of any race): 13,816 Asian: 4,652 Native Hawaiian and Other Pacific Islander: 300 American Indian/Alaska Native: 1,937 *Some Other Race: 5,095 Two or More Races: 6,618

2010 Population by Age: TOTAL POPULATION: 398,604 Aged Under 5 Years: 28,323 Aged 5 to 9 Years: 27,673 Aged 10 to 14 Years: 26,957 Aged 15 to 19 Years: 27,451 Aged 20 to 24 Years: 28,160 Aged 25 to 29 Years: 29,686 Aged 30 to 34 Years: 26,070 Aged 35 to 39 Years: 24,542 Aged 40 to 44 Years: 23,799 Aged 45 to 49 Years: 27,420 Aged 50 to 54 Years: 28,561 Aged 55 to 59 Years: 25,802 Aged 60 to 64 Years: 21,643 Aged 65 to 69 Years: 15,926 Aged 70 to 74 Years: 12,402 Aged 75 to 79 Years: 9,988 Aged 80 to 84 Years: 7,460 Aged 85 Years and Over: 6,741

*Includes people who self-identified as Hispanic or Latino.


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Regional Overview: Demographic Information (continued)

2010 Population Over 25 by Educational Attainment: Did Not Complete High School: 14.8% Completed High School: 35.2% Some College: 23.1% Completed Associate Degree: 6.6% Completed Bachelor’s Degree: 13.7% Completed Graduate Degree: 6.7%

2010 Owner Occupied Units by Housing Value: Valued Less than $50,000: 20.0% Valued $50,000 to $99,999: 19.8% Valued $100,000 to $149,999: 20.7% Valued $150,000 to $199,999: 16.9% Valued $200,000 to $299,999: 13.8% Valued $300,000 to $499,999: 6.0% Valued $500,000 to $999,999: 2.0% Valued More than $1,000,000: 0.8%

2010 Estimated Housing Units by Year Structure Built: Structure Built 2000 or Later: 15.3% Structure Built 1990 to 1999: 10.9% Structure Built 1980 to 1989: 14.0% Structure Built 1970 to 1979: 20.7% Structure Built 1960 to 1969: 13.7% Structure Built 1950 to 1959: 13.8% Structure Built 1940 to 1949: 4.7% Structure Built 1939 or Earlier: 6.9%


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Who is RACER and What Do We Do

The RACER Trust was created in March 2011 by the U.S. Bankruptcy Court to clean up and position for redevelopment 89 properties and other facilities owned by the former General Motors Corp. before its 2009 bankruptcy.

Offers for purchase must be evaluated by RACER against six criteria required by a Settlement Agreement that, with the Court’s approval, created the Trust. You may view the Settlement Agreement at www.racertrust.org/About_RACER/Settlement_Agreement. While purchase price is a factor, RACER also must consider each proposal’s ability to create jobs and generate new economic opportunity in the communities hurt by the GM bankruptcy. RACER will require prospective buyers to furnish detailed information to demonstrate that its offer satisfies each of the six criteria described in the Settlement Agreement.

Elliott P. [email protected]

Trustee:


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Conditions

The material contained in this brochure is for the purpose of considering the purchase of the Property (the “Property”) described herein.

The information contained in this brochure was prepared on January 6, 2012 and last updated on December 7, 2017 by the Revitalizing Auto Communities Environmental Response Trust (“RACER” or “Trust”), which owns the Property. It is intended to be used by prospective buyers in evaluating this Property for sale. Neither RACER, nor its respective officers, employees or agents, makes any representation or warranty, express or implied, as to the completeness or the accuracy of the material contained herein or any of its contents, and no legal commitments or obligations shall arise based upon this brochure or any of its contents.

Prospective buyers are advised (i) that changes may have occurred in the Property or property value described herein, as well as the condition of the Property since the time this brochure was issued and that (ii) all information is provided for general reference purposes only in that they are based on assumptions relating to the general economy, competition, and other factors beyond the control of RACER and, therefore, are subject to material variation. Prospective buyers are advised and encouraged to conduct their own comprehensive review and analysis of the information contained herein.

This brochure is a solicitation of interest only and is not an offer to sell the Property. RACER expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and expressly reserves the right, at its sole discretion, to terminate discussions with any entity at any time with or without notice.

RACER has no legal commitment or obligation to any entity reviewing this brochure or making an offer to purchase the Property unless and until a written agreement satisfactory to RACER has been fully executed, delivered and approved by RACER and any conditions to RACER thereunder have been satisfied or waived.

By accepting this brochure, you agree that the information contained herein (i) will be used solely for the purpose for which it is intended; (ii) will remain the property of RACER and; (iii) will not be used by you for your own purpose except in connection with a potential agreement with RACER.

The terms and conditions stated in this section relate to all sections of this brochure as if stated independently therein. If, after reviewing this brochure, you have no further interest in purchasing the Property at this time, kindly destroy any downloaded due diligence at your earliest possible convenience.

Bruce RasherRedevelopment Manager [email protected]

Patricia SpitzleyDeputy Redevelopment Manager

[email protected]

Steven BlackTransaction Manager [email protected]

The RACER TrustRedevelopment Team:

To send correspondence to RACER Trust staff:

RACER Trust500 Woodward Avenue, Suite 2650Detroit, MI 48226

Contact Us by Mail


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Prospective buyers interested in making an offer on the Property described herein must first execute a Confidentiality Agreement, schedule a Property inspection through RACER’s Redevelopment office and then submit a Letter of Intent form. A Confidentiality Agreement and Letter of Intent form are available for download at RACER’s website: www.racertrust.org.

RACER will evaluate all Letters of Intent for the Property against six criteria (the “Sales Criteria”) required by the Settlement Agreement that established the Trust. These Sales Criteria are described in detail on RACER’s website and generally include:

i. whether the monetary value of the purchase price is sufficient in light of the projected budget for the sale of the Property, taking into account any surplus from past Properties sold or projected shortfall on the sale of the remaining Properties; ii. the potential for the proposed reuse to create jobs in the State and the affected community; iii. other benefits to the State and affected communities (such as increasing tax revenue, reducing blight, and providing a sense of renewal); iv. avoiding a material increase in the cost of or interference with the Environmental Action; v. the views of the State and affected communities; and vi. the reputation and credibility of the prospective buyer/lessee.

The Letter of Intent will not constitute a binding offer by prospective buyers to purchase the Property for the price submitted. Letters of Intent must include a detailed proposal for the redevelopment of the Property and a detailed explanation with supporting information for how the proposal would satisfy all of the Settlement Agreement Sales Criteria.

RACER will evaluate the Letters of Intent received for the Property and may, in its sole discretion, select one or more for further due diligence and may request submission of final proposals for sale. If RACER approves a Letter of Intent, RACER is not obligated to sell the Property. RACER reserves the right to accept or reject any

or all proposals, regardless of purchase price, or to withdraw the assets from the sale, in its sole discretion, for any or no reason. Approval or consent by any community or stakeholder is not needed for RACER to move forward with a particular project.

Prospective purchasers may be asked to participate in the negotiation of a Purchase and Sale Agreement, which will be available for download on RACER’s website. Purchase and Sale Agreements for the Property will be evaluated against the Settlement Agreement Sales Criteria generally described above and more fully described on RACER’s website.

Each transaction involving Trust property will have unique circumstances, which may require RACER to consider additional factors, and balance their relative merits and weight differently, after analyzing the requisite due diligence, including a careful review of objective information, consultations with community officials and local community investment in the subject project, with due consideration given to any intangible benefits of the offer. The Trust will strive to balance all of these factors, with the ultimate goal of achieving the optimum outcome for stakeholders in every case, but the Trust retains the ultimate discretion on how best to weight these factors and which offer or project, if any, best satisfies the Sales Criteria and the Trust’s other requirements.

As Purchase and Sales Agreements are evaluated, RACER also will encourage local community officials to execute a development agreement with prospective buyers describing, among other things, the level of investment, schedule for the project and specific job creation goals.

The Property will be sold for cash, due at closing, based upon the terms and provisions described in the Purchase and Sales Agreement. RACER will not pay a seller’s commission to brokers, unless approved in advance by RACER in writing.

File Review:

Prospective buyers are encouraged to review the information contained in this Brochure and on RACER’s website prior to submission of a Letter of Intent.

Transaction Guidelines/Offer Instructions


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Links for Buyers

* Settlement Agreement — www.racertrust.org/About_RACER/Settlement_Agreement

* Sale Process — www.racertrust.org/Economic_Development

* Sale Criteria — www.racertrust.org/Economic_Development/Sales_Lease_Criteria

* Confidentiality Agreement — http://buyfromracer.org/confidentiality_agreement

* Letter of Intent — http://racertrust.org/Properties/Submitting_Offers

* Online Property Information — www.racertrust.org/Properties/PropertyDetail/Shreveport_1192/Details_1192

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