Robert C. White, Jr. Property Description President 01 The Daimler Group [email protected] 02 Downtown Market Gregory Weber, SIOR, LEED AP Senior Vice President 03 Lease Proposal The Daimler Group [email protected] 04 Floor Plans John Derzon Senior Vice President 05 Corporate Information The Daimler Group [email protected] Phone: 614-299-9200 Phone: 614-488-4424 PROPERTY DESCRIPTION Project Summary DOWNTOWN MARKET Step Outside the Office Situated on the former City Center Mall site, Columbus Commons Park has been a transformative amenity for Downtown Columbus. In 2012 the redevelopment was completed with the addition of the Bicentennial Pavilion, making the park an ideal location for events Downtown. 250 High sits just south of Columbus Commons and is a short walk from Bicentennial Park, as well as the Scioto Mile Trailway. Columbus Commons Park Scioto Mile • Proximity: less than 100 yards • 7 acres of green space • Home to over 200 events annually, including concerts, symphony performances, movies and more Bicentennial Park • Food truck food court • Jeni’s Ice Cream and Late Night Slice • Kickball league and free group fitness classes Bicentennial Park • Proximity: less than 1/4 mile west • 4.7 acres of green space on the Scioto River • Scioto Mile Fountain-15,000 sf with over 1,000 jets of water • Home of Milestone 229, a state-of-the-art, glass enclosed restaurant and covered dining area. • Performing Arts Pavilion featuring concerts, movies, and dance performances Scioto Mile • Proximity: Just over 1/4 mile west • 7.5 mile trailway bordering the Scioto River (to be complete in 2015) • Connects to Berliner Park, Confluence Park, North Bank Park, Battelle Park, Bicentennial Park, Dodge Park, COSI, Grandview Avenue and the 18-mile Olentangy Trail. • 33 acre Downtown Greenway Retail New Business (as of 2014) Key Date Open Name Location 1 Feb. 2014 Pizza Rustica 17 S. High Street 2 Mar. 2014 Rishi Sushi 114 N. 3rd Street 3 Mar. 2014 State & Third Boutique 65 E. State Street 4 Mar. 2014 Olivers on Lynn 26 N. High Street 5 Mar. 2014 Freshbox Cafe 125 E. Broad Street 6 Apr. 2014 AJ’s Deli 152 E. State Street 7 Aug. 2014 The Carvery 51 E. Gay Street 8 Mar. 2014 The Peanut Shoppe 21 E. State Street 9 Oct. 2014 The Chintz Room 121 S. High Street 10 Oct. 2014 MEATbar 122 S. High Street 11 Mar. 2015 Hemingway’s Coffee 175 on the Park Nook Existing Retail Key Name Location 1 Manifesto Grato 21 E. State Street 2 Dirty Frank’s Hot Dog Palace 248 S. 4th Street 3 Hills Market 95 N. Grant Avenue 4 Due Amici 65 E. Gay Street 5 Yoga on the Square 65 E. State Street 6 Elevator Brewery 161 N. High Street 7 Capitol Fitness 21 E. State Street 8 M at Miranova 2 Miranova Place 9 Milestone 229 229 S. Civic Center Drive 10 Seven Studios 275 S. Third Street 11 Jeni’s Ice Cream/Late Night Columbus Commons Slice 12 Tip Top Kitchen & Cocktails 73 E. Gay Street 13 16-Bit Barcade 254 S. 4th Street 14 Mitchell’s Steakhouse 45 N. 3rd Street Over the past 18 months, Downtown has added many new businesses to its retail line up, with additional businesses scheduled to open up shop in the coming months. One of the most notable additions was Hills Market, Downtown’s first grocer. Located less than one mile northeast of 250 High, Hills Market serves as a great walkable lunch destination. 250 High is proximate to numerous dining options, whether it be fine dining or fast- casual, the choices are plentiful. Hospitality Whether you have visiting clients, colleagues or want to hold off-site meetings, there are a plethora of hospitality options surrounding 250 High. The historic Westin Hotel, built in 1897, is located immediately south of 250 High. This AAA Four Diamond hotel includes 196 rooms, 12,000 sf of conference space, breakout rooms and an executive board room. - 3,814 total rooms in Downtown - With the Convention Center just one mile to the north, Downtown is home to the finest mix of hospitality options in the City. - In 2013, Hilton added a 532-room luxury hotel, with an 160- seat dining facility - Other notable hospitality options include: - Hyatt Regency (631 rooms) - Renaissance Hotel (408 rooms) - Sheraton at Capitol Square (400 rooms) - The DoubleTree Hotel (194 rooms) Getting Around Town COTA Circular Route There are numerous amenities in walking distance to 250 High. In addition, 250 High is uniquely positioned between three of Central Ohio’s best neighborhoods; German Village, the Arena District and the Short North. Car Go, CoGo and the new COTA Circulator provide workers the ability to commute from downtown apartments or to leave their cars in the garage for outside meetings. CarGo launched its car-sharing service in 2013. The service, which includes a fleet of 250 cars, allows users to gain access to cars using a member card and use those cars to travel anywhere within a 30- mile service area ranging from Merion Village to Clintonville. Cars can be located via a smart phone app, online, or by calling a customer service call center. COTA Circulator travels north and south along High Street, starting in German Village and ending in the Short North. The free circulator has a designated stop immediately adjacent to 250 High in front of Columbus Commons. CoGo offers workers and residents an alternative means of getting around town with over 300 bikes at 30 stations, 20 of which are Downtown. The first 30 minutes are free and it costs $3 of each additional 30 minutes. CoGo Car2Go Why 250? Location 250 High will change the Columbus skyline. It will bring a modern look to a part of town that is transforming into a thriving work and living environment. 250 High provides your company an opportunity to locate at a prominent address with building design characteristics which will distinctly differentiate your location from the rest of Downtown. Exterior Design This is not your typical office. 250 High has floor to ceiling glass providing for natural lighting and elongated floor plates offering views for more than just the corner office. Complementing the office space is a 12th story amenity deck, with 2,000 sf of patio space and 2,500 sf of meeting/gathering space, a state-of-the art fitness facility and yoga studio, all offering unparalleled views of the Downtown skyline. Interior Design Be part of the design process. The office interiors can be designed to cater to your specific business and employee needs. 250 High will put your business on the map in Downtown and make you part of the new face of Columbus. Why Downtown Walking around Downtown, it is easy to see the momentum of new development which is transforming not only the Downtown skyline, but the culture and environment of the central business district. Unlike decades past, Downtown is quickly becoming more than just a commuter destination. In 2013, over 780 luxury residences were completed or under construction with 330 additional residences being started in 2014. In addition Downtown now offers amenities such as Columbus Commons Park, Bicentennial Park, the Scioto Mile, Huntington Park, and Blue Jackets Arena coupled with the long standing cultural amenities such as Ohio Theatre, Columbus Museum of Art, the Southern Theatre, COSI, and the Palace Theatre. Furthermore, the added connectivity provided by the COTA Circulator, Car2Go, and Cogo allow workers and residents alike easy access to the retail and entertainment venues in the surrounding Short North and German Village. When considering where to locate your business it is important to consider not only where your employees want to live and work today, but also where the employees you want to attract will want to live and work 5 or even 10 years from now. The Downtown environment is quickly evolving, supported by the unwavering commitment of both the public and private sector. LEASE PROPOSAL BUILDING ADDRESS 250 S. High Street Columbus, Ohio 43215 SITE DESCRIPTION The site is in the heart of Downtown Columbus. Located on the southeast corner of High and Rich Street, the site is adjacent to the new Columbus Commons park and connected to the Columbus Commons 3,600 car parking garage. BUILDING DESCRIPTION This brand new high rise building will be a Class A, mixed-use structure that will contain approximately 134,000 gross square feet of vibrant office space, approximately 21,000 square feet of ground floor retail/ commercial space, 120 high end residential apartment units, and a roof top amenity level/penthouse unit floor that will provide unparalleled views of the downtown skyline. SIZE The overall building will be 12 stories in height and contain approximately 320,000 square feet of office/ commercial, residential and amenity space. COMMON AREA The office space will produce a highly efficient, open floor plan that is unique in Downtown Columbus. A full floor office user will enjoy a common area factor of approximately 8-9%, while a multi-tenant floor user will have a common area factor of 13-14%. INITIAL LEASE TERM The rental rates below are based upon a minimum of a 10 year lease. BASE LEASE RATE Office Space: $15.95/sf, net of operating expenses, with 1.25% annual rental increases after the 1st lease year. Ground Floor Commercial/Retail Space: $24.00/sf, net of operating expenses, with 1.25% annual rental increases after the 1st lease year. TENANT IMPROVEMENT ALLOWANCE From the base building condition, Landlord will provide a Tenant Improvement Allowance of $35 per rentable square foot for office space and $25 per rentable square foot for ground level commercial/ retail space.