Cbd Class B Market Office Lease Options

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Cbd Class B Market Office Lease Options CBD CLASS B MARKET OFFICE LEASE OPTIONS Prepared for: May 6, 2015 Prepared by: Transwestern Bobbie Bozarth, Senior Vice President 713.272.1221 [email protected] TARGETED BUILDINGS COMPARISON CHART HOUSTON, TX ‐ CBD CLASS B BUILDING NAME & ADDRESS ESPERSON 4 HOUSTON CENTER CULLEN CENTER 1001 MCKINNEY 808 TRAVIS 919 MILAM 801 TRAVIS 1221 LAMAR 600 JEFFERSON BUILDING NUMBER 123456 BUILDING RSF / # FLOORS 375,440 / 23 599,107 / 27 542,919 SF / 24 220,380 / 21 674,246 / 16 449,087 / 20 BUILDING CLASS: BBBBBB YEAR BUILT: 1947/RENOVATED 2015 1941/RENOVATED 2014 1956/RENOVATED 2006 1981/RENOVATED 2011 1983 1972/RENOVATED 1998 AVERAGE FLOORPLATE: 20,001 31,000 22,602 19,500 42,140 21,600 COMMON AREA FACTOR: 23% 19.50% 22% 22% 20% 22% OCCUPANCY: 85.30% 65.50% 87.50% 83.10% 75.60% 97.00% LEVEL 10 ‐ 6,644 SF LEVEL 15 ‐ 10,318 SF SUITE 420 ‐ 5,164 SF SUITE 1135 ‐ 5,670 SF LEVEL 10 ‐ 11,172 SF LEVEL 13 ‐ 6,319 SF LEVEL 18 ‐ 6,842 NRA FLOOR 18 ‐ 14,749 SF SPACE OPTIONS: SUITE 2100 ‐ 6,027 SF LEVEL 13 ‐ 4,788 SF (DIVISIBLE) LEVEL 14 ‐ 4,736 SF SUITES 1810 & 1830 ‐ 9,350 (DIVISIBLE) SUITE 1675 ‐ 6,173 SF LEVEL 20 ‐ 5,633 SF LEVEL 23 ‐ 4,689 SF NRA (LARGER SPACES DIVISIBLE) QUOTED RENTAL TERMS: SUITE 420 ‐ $19.50 NNN LEVELS 10‐14 ‐ $16.00 NNN SUITE 2100 ‐ $22.00 NNN LEVEL 23 ‐ $18.00 NNN $21.00 NNN $20.50 NNN $23.00 NNN $18.50 NNN TENANT IMPROVEMENT ALLOWANCES: $30.00 SF $35.00 SF $25.00 SF $25.00 SF $20.00 SF NEGOTIABLE ESTIMATED OPERATING EXPENSES: $14.21 SF $12.37 SF $13.25 SF $11.00 SF $12.56 SF $11.35 SF SIGNAGE: DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY 1/1,000 SF 2/1,000 SF 1/1,000 SF 1/1,000 SF 2/1,000 SF $185‐$210/SPC/MO‐ 1.1/1,000 SF PARKING RATIO: $155/SPC/MO‐UNRESERVED $165/SPC/MO‐UNRESERVED $225/SPC/MO‐UNRESERVED $185/SPC/MO‐UNRESERVED UNRESERVED $175/SPC/MO‐UNRESERVED $210/SPC/MO‐RESERVED $230/SPC/MO‐RESERVED $400/SPC/MO‐RESERVED $240/SPC/MO‐RESERVED $315.00/SPC/MO‐RESERVED $275/SPC/MO‐RESERVED ALLIED RISER, COGENT, MCI, ABOVENET, AT&T, COGENT, FIBER PROVIDERS: VERIZON, PHONOSCOPE, TIME COMCAST, LOGIX, LOGIX, COGENT, AT&T, LOGIX, COGENT, AT&T, WARNER, LOGIX AND AT&T AT&T, QWEST, EARTHLINK, PHONOSCOPE, QWEST, TW COMCAST, TW TELECOM, PHONOSCOPE PHONOSCOPE UVERSE CBEYOND, TELWEST TELECOM, VERIZON VERIZON, ABOVENET ON SITE MANAGEMENT, ON BUILDING AMENITIES: SITE ENGINEER, RESTAURANT, CONFERENCING FACILITY, FOOD FOOD COURT, ON SITE BUILDING CONFERENCE ROOM, ON SITE MANAGEMENT, ON SITE MANAGEMENT, FOOD COURT, ON SITE COURT, ON SITE MANAGEMENT BANKING PRIVATE CLUB RESTAURANT, BANKING MANAGEMENT, BANKING MANAGEMENT, BANKING BUILDING SECURITY: 24 HOUR PROPERTY 24 HOUR PROPERTY 24/7 SECURITY MONITORED PERSONNEL 24/7 SECURITY MONITORED PERSONNEL 24/7 SECURITY 24/7 SECURITY CREDIT SUISSE ASSET JP MORGAN CHASE/ BUILDING OWNER: CAMERON MANAGEMENT CAMERON INTERESTS MANAGEMENT LPC REALTY ADVISORS CRESCENT REAL ESTATE STREAM REALTY PARTNERS ADDITIONAL NOTES: LEED SILVER‐2009 LEED GOLD‐2011 LEED GOLD/ENERGY STAR ENERGY STAR‐2013 ENERGY STAR‐2014 ENERGY STAR‐2014 ENERGY STAR‐2013 5/6/2015 Copyrighted report licensed to Transwestern - 523890. Page 1 SUITE 420 AVAILABLE 5,164 NRA WALKER AVENUE FANNIN STREET FANNIN MAIN STREET MAIN 0 1 4 10 25 50 FEET NORTH PLAN McKINNEY AVENUE 1001 McKinney Level 4 1001 McKinney, Houston, Texas 77002 02.09.15 Space planning provided by Gensler For leasing information, contact Joe McCluan 713.333.1001 [email protected] www.cameronmanagement.com WALKER AVENUE KITCHEN MECH. ROOM ELEVATOR CHASE LOBBY EXISTING GRATE PLATFORM STAIR MEN MAIN STREET MAIN FANNIN STREET FANNIN CORRIDOR WOMEN MAIN ADA ENTRY CONFERENCE ROOM SUITE 2100 VACANT 6,027 NRA McKINNEY AVENUE 0 1 4 10 25 50 FEET NORTH PLAN 1001 McKinney Level 21 1001 McKinney, Houston, Texas 77002 10.07.14 Space planning provided by Gensler For leasing information, contact Joe McCluan 713.333.1001 [email protected] www.cameronmanagement.com ESPERSON LANDMARK 599,107-SQUARE-FOOT BUILDING IN THE HEART OF THE CENTRAL BUSINESS DISTRICT AMENITIES + FEATURES PARKING • 7‐Story Parking Garage with Access Control • Parking Rao 1:1000, Reserved & Unreserved • Valet Visitor Parking BUILDING • 7 am ‐ 7 pm Monday Through Friday HOURS • 9 am ‐ 3 pm on Saturday AMENITIES • Esmated 2015 Operang Expense: • Office $12.37 • Retail $9.86 • Awarded 2004 BOMA Historical Office Building of the Year • On‐Site Property Management, Leasing, and Engineering • Retail Amenies / Food Courts • Building Conference Room • Kastle Systems Card Key Access • 24‐Hour Property Monitoring Personnel • Surveillance Cameras • LEED Registered CONNECT • Fiber Opc Data, Internet, Cable, Voice HVAC • Aer Hours Air @ $100/HR/Zone ELEVATORS • Niels Building: 6 Passenger Elevators • Mellie Building: 8 Passenger Elevators and LEASING INFORMATION 1 Freight Elevator LOCATION Prime Office Space in Central Business District • 2 Garage Passenger Elevators Tunnel connected BUILDING 599,107 RSF Built: Niels Building 1927; Mellie Building 1941 FLOORS Niels Building 27 Floors; Mellie Building 19 Floors Both Buildings connected to Parking Garage AVAILABLE Retail & Office Space COMMON Mul Tenant – 19.5% AREA Single Tenant – 8.85% Michael Ross Jano Nixon Kelley Director of Leasing Director of Markeng 713.224.1663 713.224.1663 [email protected] [email protected] CLASSIC BUILDINGS . CLASS A SERVICE . CONNECTING THE DOTS 808 TRAVIS, SUITE 102 • HOUSTON, TEXAS 77002 • CAMERONMANAGEMENT.COM MILAM RUSK WALKER TRAVIS Esperson Level 10-Suite 1001, 1005, 1008 6,644 RSF 808 Travis, Houston, Texas 77002 10.09.14 Space planning provided by Gensler For leasing information, contact Jano Nixon Kelley 713.224.1663 x 284 [email protected] www.cameronmanagement.com MILAM RUSK WALKER TRAVIS Esperson Level 13 - SUITE 1345 6,319 RSF 808 Travis, Houston, Texas 77002 10.09.14 Space planning provided by Gensler For leasing information, contact Jano Nixon Kelley 713.224.1663 x 284 [email protected] www.cameronmanagement.com MILAM RUSK WALKER TRAVIS Esperson Level 14—Suite 1450 (4,736 RSF) 808 Travis, Houston, Texas 77002 02.19.15 Space planning provided by Gensler For leasing information, contact Jano Nixon Kelley 713.224.1663 x 284 [email protected] www.cameronmanagement.com MILAM RUSK WALKER TRAVIS SUITE 2300 CALYPSO EXPLORATION 4,689 RSF (4,654 RSF) 02/29/16 Esperson Level 23 808 Travis, Houston, Texas 77002 04.08.15 For leasing information, contact Michael Ross 713.224.1663 [email protected] www.cameronmanagement.com 3 919 Milam St - 919 Milam Location: 919 Milam Building Type: Class B Office AKA 910 Travis St Downtown Cluster Status: Built 1956, Renov 2006 CBD Submarket Stories: 24 Harris County RBA: 542,919 SF Houston, TX 77002 Typical Floor: 22,602 SF Developer: - Total Avail: 127,546 SF % Leased: 87.5% Management: CBRE Recorded Owner: Milam Houston Real Estate Holding, Inc. Expenses: 2014 Tax @ $4.68/sf Parcel Number: 0011410000001, 0011410000002, 0011410000003 Parking: Ratio of 1.00/1,000 SF Amenities: Banking, Controlled Access, Convenience Store, On Site Management, Restaurant, Security System Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P SUBWY 2,446 2,446 2,446 $21.00/nnn Vacant Negotiable Direct P SUBWY 2,220 2,220 2,220 $21.00/nnn Vacant Negotiable Direct P SUBWY 2,428 2,428 2,428 $21.00/nnn Vacant Negotiable Direct P SUBWY 899 899 899 $21.00/nnn Vacant 5-10 yrs Direct P SUBWY / Suite T-100 1,477 1,477 1,477 $21.00/nnn Vacant Negotiable Direct P SUBWY / Suite T-1100 3,939 3,939 3,939 $21.00/nnn Vacant Negotiable Direct P SUBWY / Suite T-1300 776 776 776 $21.00/nnn Vacant Negotiable Direct P SUBWY / Suite T-300 926 926 926 $21.00/nnn Vacant Negotiable Direct P 1st 3,735 3,735 3,735 $21.50/nnn Vacant 5-10 yrs Direct P 1st 2,732 2,732 2,732 $16.00/fs Negotiable Thru Sep 2016 Sublet P 1st / Suite 105 2,446 2,446 2,446 $21.50/nnn Vacant 5-10 yrs Direct P 1st / Suite 111 2,220 2,220 2,220 $21.50/nnn Vacant 5-10 yrs Direct 5/6/2015 Copyrighted report licensed to Transwestern - 523890. Page 6 777 POST BLVD. SUITE 350 HOUSTON, TX 77056 O: 713.622.8899 F: 713.622.5655 COFFEE ICE TRASH MICRO. MICRO. REF. 60" MONITOR TRASH MICRO. MICRO. ICE COFFEE COPIER, NIC 777 POST BLVD. SUITE 350 HOUSTON, TX 77056 O: 713.622.8899 F: 713.622.5655 COFFEE ICE TRASH MICRO. MICRO. REF. 60" MONITOR TRASH MICRO. MICRO. ICE COFFEE COPIER, NIC 777 POST BLVD. SUITE 350 HOUSTON, TX 77056 O: 713.622.8899 F: 713.622.5655 FULL FLOOR AVAILABLE . Approximately 19,500 can be made available on the 15th floor. Up to 14,749 contiguous square feet on the 18th floor. MAJOR RENOVATION COMPLETED 2014 DIRECT ACCESS TO DOWNTOWN TUNNELS ADJACENT TO THE NEW JW MARRIOTT PARKING 2/1000 IN PARKING GARAGE PARKING GARAGE WITH AUTOMATED EZ TAG ENTRY ON SITE MANAGEMENT CONVENIENT DOWNTOWN LOCATION 24/7 SECURITY MONITORED BY A GUARD STATION For more information, please contact: Virgil Hydes [email protected] 713.661.7800 www.LPCHouston.com 27,259 TOTAL SF AVAILABLE Suite Sq. Ft. 130 1,838 150 4,110 1300 1,812 1525 2,182 1610 1,545 1800 14,749 2101 1,023 For more information, please contact: Virgil Hydes [email protected] 713.661.7800 www.LPCHouston.com 5 1221 Lamar Ave - 4 Houston Center - The Shops At Houston Center Location: 4 Houston Center Building Type: Class B Office/(Community Center) AKA 1331 Lamar Ave Downtown Cluster Status: Built 1983 CBD Submarket Stories: 16 Harris County RBA: 674,246 SF Houston, TX 77010 Typical Floor: 42,140 SF Developer: Spectra Energy Partners, LP Total Avail: 194,297 SF % Leased: 75.6% Management: CBRE Recorded Owner:
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