UW Real Estate we help people who change the world CoreNet Discovery Forum October 6, 2014 Sub-Saharan Africa Global Education Research & Service

Mozambique Peru Kenya

León Timor

2 UW Affiliated Global Centers in health and medicine

• CFAR—Center for Aids Research • Global WACh—Women, Adolescents, & Children’s health • GHRC—Global Health Resource Center • HAI—Health Alliance International • IHME—Institute for Health Metrics and Evaluation • ICRC—International Clinical Research Center • I-TECH—International Training & Education Center for Health UW Affiliated Global Programs in health and medicine • Climate Change & Global Health • DCPN—Disease Control Priorities Network • EDGH—Dept of Global Health E-learning • Global Medicines—low income access to medicine • Global Injury and Violence Prevention • East Africa Diploma Course in Tropical Medicine • PRIME-K—Partnership for Medical Education & Research in Kenya • PERLA—Program in Education & Research in Latin America • IARTP—International Aids Research & Training Program • SCOPE—Strengthening HIV/Aids Care Opportunities Partnership in Ethiopia • START—Strategic Analysis, Research & Training for students in-country • TREE—Treatment Research & Expert Education in resource-limited countries.

• 3 campuses • 53,072 students • 23,200 faculty and staff • $1.4 billion research grants and contracts – More than any other U.S. public university – 2nd in federal grant revenue generated: public or private across the U.S. • One of 5 in the U.S. to consistently make the top 25 Academic Ranking of World Universities (ARUW) currently ranked 16th out of 500. Territorial University Founded 1861

Photo courtesy of MSCUA UW Libraries Metropolitan Tract Seattle Campus on Lake Washington –1891

Photo courtesy of MSCUA, UW Libraries University of Washington View to the West—1930’s

Puget Sound N Ballard Lake Union

UW

Lake Washington University Properties

Total Real Estate Holdings Managed Worldwide

• 3 Campuses • – (Seattle, Bothell, Tacoma) – 20 M SF – 800 acres

• Off Campus – Owned Buildings 3.8 M SF – Leased Buildings 1.6 M SF – Forest & Research 6,000 acres Campuses/Research Centers

UW Seattle UW Tacoma

UW Bothell South Lake Union

11 Hospitals

UW Medical Center Harborview Medical Center

Valley Medical Center Northwest Hospital

12 Field Stations

Friday Harbor Labs Olympic Natural Resources Center

Pack Forest Big Beef Creek

13 International Campuses Spain - Leon Center

Italy - Rome Center UW Real Estate Strategy Map UWRE Portfolio Mission Focused/Business Driven Process Chart UW as Tenant Portfolio • $43 M/year total rent • 1.6 M SF • Research o Office Lab o 5th & Bell o Field Work Institute for Health Metrics • Administration Consolidation o 1616 Eastlake o Efficiency Laboratory Medicine UW as Tenant Lines of Business

Medical Care Earth & Ocean Science • Regional Heart Center • Seismic Stations • Eastside Specialty Clinics • Ocean Observatory • AirLift Northwest • Fisheries

Medical Research University Functions • 8 countries in Africa • KUOW • SLU Campus • UWEO/PCE • Foster School Medical Administration • Visiting Scholars. • UWP/IT/Call Ctr • WWAMI Mission—The Ocean Observatory UW as Landlord • $37.4 M/year total rent • 1.8 M total SF • Asset Management • Property Management • Retail Strategy • Lease Negotiation • Rent Collection UW as Landlord • Office o Sublease o Internal leasing • Housing o Student & Market Rate o 1,000+ Units • Retail o Dining, Coffee o Recreation, Services o Clothing, Fitness • Everything Else o Moorage, Parking, ATM, Cell Sites Water Rights, Air Rights, Mineral Rights o Boat Street Marina o Access, License, Easement. Mission – Startup Hall Other CRE Functions

• Gift Properties o $3.5 M/year o Acquire, Steward, Sell • Purchases o U District o Tacoma & Bothell Campuses • Sales o Surplus Properties (Wellington, Oak Tree) • Property Rights o & 520 Expansion o Easements, ROE, License Permits UW Real Estate Reporting Property Profile Cost of Space Corporate Real Estate - Functional Organization

Strategic Relationship Management Value Policies and Procedures Maximize Value Match Structure with Corp Goals Strategic UWRE Focus Portfolio Management Tactical Transaction Management Vendor Transaction Process Manage Service Delivery Mgmt Mgmt Mgmt Standardized Processes Service

Partner Increased Depth of Services Commodity Due Project Service Market Property Service Delivery Diligence Mgmt Delivery Data Management Field Execution

Vendors Data Management Source: Boeing Corporate Real Estate Targeted Skill Sets Acquisition—UW Tower () 2006 • 510,000 SF open office space • Furniture included • $130 million, 5 minute walk to campus …AND • Two parking garages with 727 stalls • 4 surface parking lots • Residential building with 29 units • 3,000 sf office building. Acquisition—UW Tower Properties UW Tower Proximity to Campus Maximize Acquisition Value

• Consolidate leases for efficiency and effectiveness • Open up space for teaching on Campus • Offset expenses, lease parking to Audi, Mazda, UDPA • Provide secure infrastructure for Data Center • Create home for regional Emergency Operations Center • Unused corporate housing – Patient Family Housing • Small office bldg — improve transportation infrastructure • Excess land — build affordable workforce housing. UW Tower Properties Collegiana Mission—Support for Patient Families UW Tower Properties th 11 bridges@ bridges@ Ground Lease—bridges@ 11th A partnership between UW and Children’s UW Tower Properties Transit Station Sound Sound U District Station U District Station Mission—Community Benefit U District Light Rail Stations