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Eastside Office Survey October 5, 2012

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Eastside Office Survey October 5, 2012 Eastside Office Survey October 5, 2012 Prepared for Steve Meyer Presented by Dan Foster Matthew Hinrichs [email protected] [email protected] 206.445.7662 206.445.7663 10/5/2012 This copyrighted report contains research licensed to ORION Commercial Partners - 566293. 1 11911 NE 1st St - Bldg B Location: Bldg B Building Type: Class B Office Eastside Cluster Suburban Bellevue Submarket Status: Built 1982 King County Stories: 3 Bellevue, WA 98005 RBA: 40,874 SF Typical Floor: 17,412 SF Developer: Polygon Total Avail: 3,991 SF % Leased: 100% Management: - Recorded Owner: Eastridge Partners L L C Expenses: 2011 Tax @ $1.79/sf; 2010 Ops @ $6.73/sf, 2011 Est Ops @ $6.67/sf Parcel Number: 332505-9183 Parking: 105 Surface Spaces are available; 27 Covered Spaces @ $50.00/mo; Ratio of 3.80/1,000 SF Amenities: 24/7 Building Access, Signage Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 3rd / Suite 308 1,517 1,517 1,517 $15.00/nnn 30 Days Negotiable Direct 10/5/2012 This copyrighted report contains research licensed to ORION Commercial Partners - 566293. FOR LEASE Eastridge Corporate Center 11811-11911 NE First Street, Buildings A & B, Bellevue, WA Space Available from (±)1,224 SF - 6,800 SF Bldg-Suite RSF Available Comments A-101 (±) 6,334 RSF Now Divisible to 3,000 SF. 11 private offices and large conference room A-203 (±) 6,800 RSF Now Partial views of downtown Bellevue, BTS office JJ SHEPHARD A-208 (±) 3,400 RSF Now Lobby exposure, BTS office (425) 974-4031 B-202 3,614 RSF Aug. 2011 Mix of private offices & open area, kitchenette and conference room [email protected] Can be combined with suite B-204 to total 4,838 RSF. B-204 1,224 RSF Aug. 2011 4 private offices MARK FLIPPO Can be combined with B-202 to total 4,838 RSF (425) 974-4007 B-302 3,309 RSF Aug. 2011 5 private offices, open cube area, large conference room,kitchenette [email protected] and workroom B-308 1,517 RSF Aug. 2011 2 private offices, conference room, kitchenette, and open area Project Features: » Excellent access to I-405 » Surrounded by restaurant & retail amenities » Surface parking and covered parking stalls » Dry storage units available » Skyline views of downtown Bellevue » Marquee building signage » Bellevue Botanical Gardens » Uwajimaya FOR LEASE Eastridge Corporate Center 520 Bellevue Square Mall SE 8th Street Bellevue CBD SE 4th Street Retail Services Eastridge Corporate Center Main Street I-405 Eastridge Corporate Center New exit to 116th Street SE 8th Street JJ SHEPHARD (425) 974-4031 [email protected] MARK FLIPPO (425) 974-4007 [email protected] www.pacific-re.com Pacific Real Estate Partners, Inc. 225 108th Avenue NE, Suite 550 Bellevue, WA 98004 (425) 974-4000 This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described above shall be conducted through Pacific Real Estate, Inc. The above information, while not guaranteed, has been secured from sources we believe to be reliable. FOR LEASE Eastridge Corporate Center BUILDINGB Suite B-204 & B-202 JJ SHEPHARD Second Floor (425) 974-4031 4,838 RSF [email protected] MARK FLIPPO (425) 974-4007 [email protected] B-204 1,224 RSF WINDOW LINE B-202 3,614 RSF WINDOW LINE FOR LEASE Eastridge Corporate Center JJ SHEPHARD (425) 974-4031 [email protected] BUILDING B MARK FLIPPO Suite B-308 (425) 974-4007 Third Floor [email protected] 1,517 RSF KITCHEN WINDOW LINE B-308 1,517 RSF 2 555 116th Ave NE - Building 555 Location: Building 555 Building Type: Class B Office Eastside Cluster Suburban Bellevue Submarket Status: Built 1975 King County Stories: 2 Bellevue, WA 98004 RBA: 29,176 SF Typical Floor: 14,588 SF Developer: - Total Avail: 6,011 SF % Leased: 79.4% Management: Egis Real Estate Services LLC Recorded Owner: City of Bellevue Expenses: 2012 Est Ops @ $8.00/sf Parcel Number: 322505-9005 Parking: 134 free Surface Spaces are available; Ratio of 4.00/1,000 SF Amenities: 24/7 Building Access, Conferencing Facility, Courtyard, On Site Management, Property Manager on Site, Signage Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 2nd / Suite 249 1,052 1,052 1,052 $18.00-$20.00/fs Vacant 3-5 yrs Direct • Ample free parking • Great close-in suburban location with downtown Bellevue amenities • Easy access to I-405 10/5/2012 This copyrighted report contains research licensed to ORION Commercial Partners - 566293. 3 515 116th Ave NE - Building 515 Location: Building 515 Building Type: Class B Office Eastside Cluster Suburban Bellevue Submarket Status: Built 1975 King County Stories: 2 Bellevue, WA 98004 RBA: 40,006 SF Typical Floor: 20,789 SF Developer: - Total Avail: 11,349 SF % Leased: 71.6% Management: Egis Real Estate Services LLC Recorded Owner: City of Bellevue Expenses: 2012 Est Ops @ $8.00/sf Parcel Number: 322505-9005 Parking: 134 free Surface Spaces are available; Ratio of 4.00/1,000 SF Amenities: 24/7 Building Access, Conferencing Facility, Courtyard, On Site Management, Property Manager on Site, Signage Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 2nd / Suite 220 841 1,338 1,338 $18.00-$20.00/fs Vacant 3-5 yrs Direct • Ample free parking • Great close-in suburban location with downtown Bellevue amenities P 2nd / Suite 221 497 1,338 1,338 $18.00-$20.00/fs Vacant 1-5 yrs Direct • Ample free parking • Great close-in suburban location with downtown Bellevue amenities P 2nd / Suite 253 899 1,690 1,690 $18.00-$20.00/fs Vacant 1-5 yrs Direct • Ample free parking • Great close-in suburban location with downtown Bellevue amenities P 2nd / Suite 255 791 1,690 1,690 $18.00-$20.00/fs Vacant 1-5 yrs Direct • Ample free parking • Great close-in suburban location with downtown Bellevue amenities P 2nd / Suite 268 1,094 1,094 1,094 $18.00-$20.00/fs Vacant 1-5 yrs Direct • Ample free parking • Great close-in suburban location with downtown Bellevue amenities 10/5/2012 This copyrighted report contains research licensed to ORION Commercial Partners - 566293. FOR LEASE LINCOLN CENTER OFFICE PARK 515 & 555 116TH AVENUE NE :: BELLEVUE, WASHINGTON AVAILABLE ±479 to 2,994 RSF SPACE LEASE TERM 1 to 5 years RENTAL RATE $18.00-$20.00/RSF, Full Service FEATURES • Ample free parking • Great close-in suburban location with downtown Bellevue amenities • Easy access to I-405 FOR MORE Dave Miller Lennon Atteberry INFORMATION 425.462.6917 425.462.6991 PLEASE [email protected] [email protected] CONTACT LINCOLN CENTER OFFICE PARK 515 & 555 116TH AVENUE NE :: BELLEVUE, WASHINGTON 515 BUILDING FIRST FLOOR SUITE SIZE 112 599 RSF 515 BUILDING SECOND FLOOR SUITE SIZE 204/285 2,944 RSF 220 841 RSF 221 497 RSF 241 703 RSF 243 973 RSF 251 587 RSF 253 899 RSF 255 791 RSF 265 479 RSF 268 1,094 RSF 280 803 RSF LINCOLN CENTER OFFICE PARK 515 & 555 116TH AVENUE NE :: BELLEVUE, WASHINGTON 555 BUILDING FIRST FLOOR SUITE SIZE 117 603 RSF 555 BUILDING SECOND FLOOR SUITE SIZE 215 2,099 RSF 220 920 RSF 224 503 RSF 238 834 RSF 249 1,052 RSF FOR LEASE LINCOLN CENTER OFFICE PARK 515 & 555 116TH AVENUE NE :: BELLEVUE, WASHINGTON FOR MORE Dave Miller Lennon Atteberry INFORMATION 425.462.6917 425.462.6991 PLEASE [email protected] [email protected] CONTACT CBRE | 10885 NE 4th Street | Suite 500 | Bellevue, WA 98004 | T 425.455.8500 | F 425.462.6966 © 2012 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TL 6-14-12 4 1600 116th Ave NE - Bldg 1 Location: Bldg 1 Building Type: Class C Office/Medical Eastside Cluster Suburban Bellevue Submarket Status: Built 1979 King County Stories: 1 Bellevue, WA 98004 RBA: 17,298 SF Typical Floor: 17,298 SF Developer: - Total Avail: 3,255 SF % Leased: 92.0% Management: - Recorded Owner: Bellevue Medical Park LLC Expenses: 2012 Tax @ $1.65/sf, 2012 Est Tax @ $2.25/sf; 2012 Est Ops @ $6.66/sf Parcel Number: 2825059009 Parking: 68 free Surface Spaces are available; Ratio of 3.93/1,000 SF Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 1st / Suite 304 1,382 1,382 1,382 $22.00/nnn Vacant Negotiable Direct 10/5/2012 This copyrighted report contains research licensed to ORION Commercial Partners - 566293. 5 1220 116th Ave NE - Loben Bldg Location: Loben Bldg Building Type: Class B Office/Medical Eastside Cluster Suburban Bellevue Submarket Status: Built 1980 King County Stories: 3 Bellevue, WA 98004 RBA: 10,252 SF Typical Floor: 5,126 SF Developer: - Total Avail: 6,065 SF % Leased: 40.8% Management: Wallace Properties, Inc. Recorded Owner: RE 11406 LLC Expenses: 2010 Tax @ $1.70/sf, 2012 Est Tax @ $1.72/sf; 2010 Ops @ $8.80/sf, 2012 Est Ops @ $9.78/sf Parcel Number: 282505-9288 Parking: 27 Surface Spaces are available; 11 free Covered Spaces are available; Ratio of 4.00/1,000 SF Amenities: 24/7 Building Access Floor SF Avail Floor Contig Bldg Contig Rent/SF/Yr + Svs Occupancy Term Type P 2nd / Suite 101 1,000 - 5,017 5,017 5,017 $22.00/nnn Vacant Negotiable Direct Building completely renovated in 2009 Office is equipped reception area ,waiting area and exam rooms former tenant was a Chiropractor Covered parking with elevator access Close to Overlake Hospital and Group Health Easy access to I-405, SR-520, Redmond and Seattle P 3rd / Suite 203 1,048 1,048 1,048 $22.00/nnn Vacant Negotiable Direct Suite is perfect for medical/dental use Building completely renovated in 2009 Office is equipped with sink, reception window and waiting area Covered parking with elevator access Close to Overlake Hospital and Group Health Easy access to I-405, SR-520, Redmond and Seattle 10/5/2012 This copyrighted report contains research licensed to ORION Commercial Partners - 566293.
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