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, 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 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, , 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 2 Mar. 2014 Rishi Sushi 114 N. 3rd Street 3 Mar. 2014 State & Third Boutique 65 E. 4 Mar. 2014 Olivers on Lynn 26 N. High Street 5 Mar. 2014 Freshbox Cafe 125 E. 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. 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 (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; , the and . 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, , 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. OPERATING EXPENSES Landlord is proposing a Net Lease structure where Tenant will be responsible for its proportionate share of actual Operating, Capital, and Tax Expenses. Based on our current budget, the following is an estimate of operating expenses for 2016:

2015 Utilities $2.65/sf Maintenance $0.69/sf Janitorial $1.25/sf Grounds $0.20/sf Management Fees $0.40/sf Real Estate Taxes $0.50/sf* Insurance $0.25/sf Total $5.94/sf *This assumes a 15 year, 100% real estate tax abatement for the project through the City of Columbus.

PARKING 250 High is the beneficiary of a superior parking solution in Downtown Columbus. The building will be connected to the 3,600 car Columbus Commons parking garage and will have a reserved section for occupants of 250 High. The reserved rates will range from $85 to $110 per month effective upon the opening date of the building.

INCENTIVES 250 High will receive a 15 year, 100% real estate tax abatement which will be passed through as a savings to the office and commercial/retail tenants through a reduction in operating expenses.

Incentives offered by the City of Columbus: Downtown Office Incentive (Office): Payment equal to 50% of local income tax withholdings for a period equal to a lease term minus two years not to exceed a maximum of five years. Must create or relocate 10 new full-time jobs.

Jobs Growth Incentive (Retail): Payment equal to 25% of local income tax withholdings for a period equal to a lease term minus 2 years not to exceed a maximum of five years. Must create or relocate 2 new full time jobs. FLOOR PLANS

First Floor Second Floor

Second Floor Highlights

• Direct connectivity to the third floor of the attached parking garage and elevator lobbies • Clearly delineated entrances for office users and apartment residents • Separate elevator shafts for the office users and apartment residents Third Floor

Fourth Floor Fifth Floor

Sixth Floor Twelfth Floor - Amenities Level

Amenities Include:

• Outdoor patio with north, east and west panoramic views of the Downtown skyline • Meeting/community space with floor to ceiling glass connecting to the outdoor patio with availability for meetings and special events, including catering and bar facilities • A state of the art, fully equipped fitness facility • Dedicated yoga studio and group fitness space • Shower and locker room facilities proximate to fitness facility and studio

CORPORATE INFORMATION

The Daimler Group, Inc. Office Projects According to the annual surveys conducted by Business First over the last decade, Daimler is consistently recognized as one of the leading commercial real estate developers and construction managers in 1533 Lake Shore Drive Central Ohio. In the Columbus suburban office market, Daimler Columbus, Ohio 43204 has constructed more space over the last 10 years than any other 614-488-4424 developer. Such developments include major corporate facilities for Time Warner Cable, The Ohio State University, American Family Corporate Overview Insurance, Unisys- Corporation, US Bank, Ohio State Bar Association, Daimler was founded in 1983 by Robert C. White, Conrad W. Wisinger, State of Ohio EPA, The Huntington Mortgage Company, The Frank and a small group of prominent business leaders in the architectural, Gates Service Company, Steinhaus Financial, Sarcom, Inc., Corporate real estate, commercial banking and mortgage industries from Central One Credit Union, NBBJ Architects, Ohio School Boards Association, Ohio. As the firm developed, a select group of key management IntelliRisk Management Corporation, Gerbig, Snell & Weisheimer, personnel with diverse backgrounds have become principals in the Donald R. Kenney Realtors, Mettler Toledo, DuPont Flooring, The firm. Collectively, this group offers an outstanding combination of Trane Company, Exel Logistics, Anthem Insurance, AEP, Moody. real estate and financial knowledge as well as development expertise, Nolan Architects, Commercial Vehicle Group, Nationwide Insurance, allowing for the execution of development opportunities and Hamilton Parker, Smoot Construction, OhioHealth, and many others. creation of viable solutions that address client-specific needs. The Daimler’s downtown experience is evidenced by the One Columbus ownership structure is supported by a dedicated staff of experienced high-rise office building, the 55 Nationwide Blvd. building, the specialists in the real estate development, marketing and construction Columbus Foundation renovation and addition project, King Lincoln management fields. Gateway office building and 300 Spruce Street.

Corporate Philosophy The cornerstone of Daimler’s corporate philosophy is the creation Health Projects of the best possible real estate solution for the clients we serve. Daimler is a dominant player in the design, development and To implement this philosophy, Daimler has assembled a staff of construction of healthcare facilities in Central Ohio. Developments talented, experienced real estate professionals with a team-oriented, include a broad range of healthcare related facilities including medical success-driven delivery model. Daimler firmly believes that successful office space, surgical suites, dialysis centers, ambulatory surgery development and construction of real estate requires superior market centers, diagnostic centers, urgent care centers, radiology suites and and product knowledge as well as experienced, effective and well- linear accelerator oncology vaults. Daimler has acted as the developer regarded construction personnel. This requires company personnel to for several large scale hospital redevelopment/greenfield projects constantly expand their knowledge of the areas the company serves which have included operating rooms, emergency departments, and to understand and predict local trends in real estate development imaging, PT/OT and related support services. Daimler has active and construction. development relationships with all of the major healthcare providers in Central Ohio. This success with local healthcare providers has led to work with many major systems outside Central Ohio, including the Summa Health System and Children’s in Akron, Ohio and the O’Bleness Hospital System in Athens, Ohio. Land Development The Daimler Difference Since its inception, Daimler has developed master plans and/or What differentiates Daimler from its competitors is the ability to provide developed over 1,000 acres of raw ground. Some notable examples all facets of real estate development and construction in-house. From include Gahanna Officenter, a 120-acre mixed-use development in a development perspective, Daimler has the in-house experience which Daimler designed and developed over 1,500,000 sf of office, to manage the preconstruction/design development process with warehouse, and retail space; over 100 acres in the Polaris area with individuals who have devoted their entire professional careers to more than 1,000,000 sf of office space, the 25-acre Upper Metro and that endeavor. From a construction perspective, Daimler employs a the 24-acre Avery Place mixed-use developments in Dublin; and over very experienced and knowledgeable staff of project managers and 85 acres in the Westar project in Westerville. Most recently, Daimler superintendents and has managed the construction of all types of developed phases I, II and III of the Gowdy Field development near commercial buildings. Finally, from a financial structuring standpoint, downtown Columbus which will, as of the end of 2010, include more Daimler has ready access to cash reserves to provide an appropriate than 425,000 square feet of office/medical office space. In addition, debt to equity structure for the projects it undertakes— especially in Daimler was selected by the New Albany Co. to jointly develop over light of the recent volatile credit market swings. These reserves are in 200 acres of prime office ground in the New Albany Business Park. fact “real equity” and not the result of mezzanine, venture capital or Daimler offers a full range of land development and construction private equity firms, or secondary financing. Very few development/ expertise including land planning, municipality approaches, incentives, construction/real estate companies have all of these attributes under entitlements, infrastructure development and sustainable “LEED” one corporate umbrella. Daimler’s ability to promote a project with all techniques to promote environmentally conscious development and of these in-house disciplines is why Daimler continues to grow and construction. prosper as a real estate development company in Central Ohio.

Principles of Business The following principles guide Daimler’s real estate development/construction operations:

- Development of clear, concise goals and objectives in the conception stage of a project;

-Creation of a team-oriented environment that respects the input of all participants and provides a platform for the best possible result;

- Development of architecturally pleasing, functionally efficient, and high quality projects which maximize available funds and reflect area market conditions;

- Creation and maintenance of strict cost controls and scheduling guidelines to successfully complete projects within budget and on time;

-Employment of team members with superior understanding of the competitive marketplace;

-Confirmation that each project is the right combination of location, building, design, economics, and owner/user relationships to obtain attractive financing at the most competitive rates; and

- Creation of build-to-suit leasehold and ownership opportunities that satisfy the individual goals and objectives of each client while producing a profitable venture for all involved. Kaufman Development

Kaufman Development 30 Warren St, Columbus, Ohio 43215 www.livekaufman.com 614-299-9200

Company History Kaufman Development evolved with the career of its founder, Brett Kaufman. After getting his start in the banking industry, Kaufman entered the world of real estate. He worked with large real estate developers in the Central Ohio area, and eventually began to dabble in some smaller projects of his own. That’s when he discovered that making a few small but significant changes could really make a difference. People wanted pretty but affordable, with smart finishes and good design. By pushing product creativity, his identity emerged. That identity included a growing passion for creating innovative communities filled with purpose. He wanted the communities to focus on wellness, philanthropy, sustainability and innovation. And in doing so, he believed they could have a positive impact on the lives of the residents.

Philosophy Kaufman Development was created on the belief that communities of high design built around wellness, philanthropy, sustainability and innovation can change the world. Our communities and the people that work and live in them will stand out in every way; beautiful from the inside out, filled with passion and inspiration everywhere you turn. From this philosophy for living, we created Kaufman Development, a company that brings together all the things we love in places people can call home. We’re a full-service real estate firm offering investment, construction, development and management of multi-family, mixed use and residential redevelopment.

“I am fully committed to innovative and sustainable communities filled with purpose and fueled by a unified passion.” –Brett Kaufman

Vision and Values Premier locations. High-quality products. Modern, sophisticated architecture. These are the characteristics that define a Kaufman community. Add to that an attitude that embraces a life of purpose and connection. One that is fueled by health and generosity. And teeming with the good things in life. At Kaufman Development, we believe that the best communities should be driven by innovation, purpose, and above all, passion. Only then can they positively influence the lives of the residents—and the world as a whole.

Robert C. White, Jr. Greg Weber John Derzon President Senior Vice PresidentJohn Derzon Senior Vice President The Daimler Group The Daimler GroupSenior Vice President The Daimler Group [email protected] [email protected] Daimler Group [email protected] [email protected]

614-299-9200 Phone:614-488-4424 614-488-4424