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Cbd Class a Market Office Lease Options CBD CLASS A MARKET OFFICE LEASE OPTIONS Prepared for: May 7, 2015 Prepared by: Transwestern Bobbie Bozarth, Senior Vice President 713.272.1221 [email protected] TARGETED BUILDINGS COMPARISON CHART HOUSTON, TX ‐ CBD CLASS A WEDGE INTERNATIONAL BUILDING NAME & ADDRESS TOWER THREE ALLEN CENTER TWO ALLEN CENTER TOTAL PLAZA WELLS FARGO PLAZA 1600 SMITH STREET 1415 LOUISIANA 333 CLAY 1200 SMITH 1201 LOUISIANA 1100 LOUISIANA 1000 LOUISIANA BUILDING NUMBER 123 4567 BUILDING RSF / # FLOORS 1,098,399 / 51 520,475 / 43 1,194,719 / 50 995,623 / 36 843,533 / 35 1,265,332 / 55 1,721,242 / 71 BUILDING CLASS: AAA A A A A YEAR BUILT: 1984/RENOVATED1992 1983/RENOVATED 2009 1980/RENOVATED 2008 1978/RENOVATED 1992 1971/RENOVATED 1996 1980 1983 AVERAGE FLOORPLATE: 23,500 18,000 23,500 26,613 24,600 23,060 25,000 COMMON AREA FACTOR: 21% 20% 24% 23% 23% 24% 24% OCCUPANCY: 97.00% 72.00% 97.00% 97.00% 82.00% 98.20% 97.80% SPACE OPTIONS: 3RD FLOOR ‐ 5,057 SF 37TH FLOOR ‐ 5,860 SF 36TH FLOOR ‐ 5,714 SF SUITE 600 ‐ 7,487 SF (DIVISIBLE) (1,219 SF AVAIL 3/1/16) 44TH FLOOR ‐ 8,350 SF SUITE 1900 ‐ 9,707 SF 37TH FLOOR ‐ 5,276 SF SUITE 2100 ‐ 6,146 SF 47TH FLOOR ‐ 5,497 SF SUITE 660 ‐ 5,951 SF 7TH FLOOR SUBLEASE ‐ 6,937SF (DIVISIBLE) (DIVISIBLE) QUOTED RENTAL TERMS: $27.00 NNN $27.00 NNN $22.50 NNN $31.00 NNN $30.00 NNN ($22.00 NNN SUBLEASE) $32.00 NNN $29.50 NNN TENANT IMPROVEMENT ALLOWANCES: $25.00 SF $30.00 ‐ $50.00 SF $20.00 SF $20.00 SF DIRECT SPACE ‐ $25.00 SF $25.00 SF NEGOTIABLE ESTIMATED OPERATING EXPENSES: $16.83 SF $12.44 SF $14.80 SF $14.49 SF $14.55 SF $15.55 SF $18.60 SF SIGNAGE: DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY 1/1,000 SF 1/1,000 SF 1/1000 SF PARKING RATIO: 1/1,000 SF 2.7/1,000 SF $185‐$200/SPC/MO‐ $185‐$200/SPC/MO‐ $175‐$255/SPC/MO‐ 1.8/1,000 SF 1.5/1,000 SF $200/SPC/MO‐UNRESERVED $180/SPC/MO‐UNRESERVED UNRSERVED UNRESERVED UNRESERVED $200/SPC/MO‐UNRESERVED $130/SPC/MO‐UNRESERVED $283/SPC/MO‐RESERVED $275/SPC/MO‐RESERVED $242‐$283/SPC/MO‐RESERVED $242‐$283/SPC/MO‐RESERVED $255‐$350/SPC/MO‐RESERVED $250‐$250/SPC/MO‐RESERVED $150/SPC/MO‐RESERVED ZAYO, AIRBAND, AT&T, ALPHEUS, AT&T, COGENT, ABOVENET, ALPHEUS, COGENT, COMCAST, AT&T, ALPHEUS, COGENT, COMCAST, CRICKET, LOGIX, FIBER PROVIDERS: COGENT, COMCAST, KMS, COMCAST, COGENT, LOGIX, PHONOSCOPE, LOGIX, COMCAST, LEVEL 3, LOGIX, COGENT, COMCAST, LEVEL 3, PHONOSCOPE, SPRINTCOM, PHONOSCOPE, LEVEL 3, LEVEL 3, PHONOSCOPE, NEXTLINK, LEVEL 3, TW PHONOSCOPE, TW TELECOM, PHONOSCOPE, NEXTLINK, TW TMOBILE, TW TELECOM, VERIZON, ZAYO QWEST, TW TELECOM, XO TELECOM, VERIZON VERIZON, ZAYO TELECOM VERIZON, ZAYO *MULTIPLE PROVIDERS CONFERENCING FACILITY, CONFERENCING FACILITY, ON FITNESS CENTER, ON SITE ON SITE MANAGEMENT, CONFERENCING FACILITY, ON BUILDING AMENITIES: SITE MANAGEMENT, BANKING, RESTAURANT, ON MANAGEMENT, FITNESS CENTER, SITE MANAGEMENT, FOOD COURT, ON SITE FITNESS CENTER, FOOD COURT, RESTAURANT, BANKING SITE MANAGEMENT RESTAURANTS, BANKING RESTAURANTS, BANKING RESTAURANTS, BANKING MANAGEMENT, BANKING ON SITE MANAGEMENT BUILDING SECURITY: 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY BUILDING OWNER: WEDGE COMMERCIAL ENTERPRISE PRODUCTS BROOKFIELD PROPERTIES BROOKFIELD BROOKFIELD BROOKFIELD PARTNERS, LP 1000 LOUISIANA LP ADDITIONAL NOTES: LEED GOLD‐2011 LEED SILVER‐2013 LEED GOLD‐2012 LEED GOLD‐2012 LEED GOLD‐2012 LEED GOLD‐2014 LEED GOLD‐2013 ENERGY STAR‐2014 ENERGY STAR‐2013 ENERGY STAR‐2014 ENERGY STAR‐2014 ENERGY STAR‐2014 ENERGY STAR‐2014 ENERGY STAR‐2014 TARGETED BUILDINGS COMPARISON CHART HOUSTON, TX ‐ CBD CLASS A BUILDING NAME & ADDRESS TWO SHELL PLAZA PENNZOIL PLACE N TOWER PENNZOIL PLACE S TOWER JP MORGAN CHASE ONE CITY CENTRE 2 HOUSTON CENTER LYONDELLBASELL TOWER 811 LOUISIANA 711 LOUISIANA 700 MILAM 600 TRAVIS 1021 MAIN 909 FANNIN 1221 MCKINNEY BUILDING NUMBER 8 9 10 11 12 13 14 BUILDING RSF / # FLOORS 588,423 / 26 664,940 / 24 704,749 / 36 1,656,529 / 75 608,660 / 31 1,024,956 / 40 1,061,351 / 46 BUILDING CLASS: AAA A A A A YEAR BUILT: 1970/RENOVATING 2015 1975/RECENTLY RENOVATED 1975/RECENTLY RENOVATED 1982/RENOVATED 2012 1960/RENOVATED 2010 1974/RENOVATED 1996 1978/RENOVATED 1996 AVERAGE FLOORPLATE: 33,350 21,500 21,500 22,575 21,266 25,624 23,500 COMMON AREA FACTOR: 16‐22% 15% 15% 21% 21% 24% 24% OCCUPANCY: 33.20% 81.00% 75.00% 95.90% 85.60% 65.90% 95.10% SUITE 1000 ‐ 11,032 SF; SUITE 25TH FLOOR ‐ 4,292 SF 1040 ‐ 9.375 SF 18TH FLOOR ‐ 8,642 SF SUITE 1435 ‐ 4,856 SF SPACE OPTIONS: 25TH FLOOR ‐ 11,070 SF SUITE 1920 ‐ 7,707 SF SUITE 1250 ‐ 8,132 SF; SUITE (DIVISIBLE) SUITE 1440 ‐ 3,551 SF 18TH FLOOR ‐ 12, 445 SF (DIVISIBLE) (DIVISIBLE) 1450 ‐ 8,348 SF (DIVISIBLE) 66TH FLOOR ‐ 4,636 SF SUITE 1950 ‐ 6,748 SF 32ND FLOOR ‐ 6,043 SF (DIVISIBLE) QUOTED RENTAL TERMS: $28.00 NNN $28.50 NNN $28.50 NNN $33.50 NNN $21.00 ‐ $22.50 NNN $30.00 NNN $30.50 NNN TENANT IMPROVEMENT ALLOWANCES: $30.00 SF NEGOTIABLE NEGOTIABLE $15.00 SF NEGOTIABLE $20.00 SF $20.00 SF ESTIMATED OPERATING EXPENSES: $15.48 SF $15.95 SF $15.95 SF $15.39 SF $12.56 SF $14.36 SF $14.17 SF SIGNAGE: DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY DIRECTORY 0.3/1,000 SF 0.3/1,000 SF 1/1,000 SF 1/1,000 SF PARKING RATIO: 2/1,000 SF $160‐$200/SPC/MO‐ $160‐$200/SPC/MO‐ 1/1,000 SF 2.3/1,000 SF $185‐$210/SPC/MO‐ $185‐$210/SPC/MO‐ $200/SPC/MO‐UNRESERVED UNRESERVED UNRESERVED $205/SPC/MO‐UNRESERVED $180/SPC/MO‐UNRESERVED UNRESERVED UNRESERVED $265/SPC/MO‐RESERVED $235‐$260/SPC/MO‐RESERVED $235‐$260/SPC/MO‐RESERVED $270/SPC/MO‐RESERVED $285/SPC/MO‐RESERVED $315.00/SPC/MO‐RESERVED $315.00/SPC/MO‐RESERVED ZAYO, AT&T, COGENT, AT&T, ABOVENET, COGENT, AT&T, ABOVENET, COGENT, AT&T, COGENT, PHONOSCOPE, ZAYO, AT&T, COGENT, LOGIX, COMCAST, TOWERSTREAM, FIBER PROVIDERS: PHONOSCOPE, AT&T, FIBERLIGHT, PHONOSCOPE, TW FIBERLIGHT, PHONOSCOPE, TW QWEST, TW TELECOM, PHONOSCOPE, CENTURYLINK, LOGIX, PHONOSCOPE, VERIZON, COGENT, ALPHEUS TELECOM, VERIZON TELECOM, VERIZON ABOVENET, LOGIX AT&T, LOGIX LEVEL 3, VERIZON, XO CENTURYLINK, VERIZON, XO CONFERENCING FACILITY, BUILDING AMENITIES: CONFERENCING FACILITY, ENERGY STAR, ON SITE BANKING, FITNESS CENTER, ON FITNESS CENTER, FOOD COURT, BANKING, FOOD COURT, ON BANKING, FOOD COURT, ON BANKING, FOOD COURT, ON FITNESS CENTER, ON SITE MANAGEMENT, RESTAURANT, SITE MANAGEMENT, ON SITE MANAGEMENT, SITE MANAGEMENT SITE MANAGEMENT SITE MANAGEMENT MANAGEMENT, BANKING BANKING RESTAURANT CONFERENCING FACILITY BUILDING SECURITY: 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY 24/7 SECURITY BUILDING OWNER: JP MORGAN CHASE/ JP MORGAN CHASE/ BUSYCON PROPERTIES MANN ENTERPRISES MANN ENTERPRISES TEXAS TOWER LTD ACCESSO PARTNERS CRESCENT REAL ESTATE CRESCENT REAL ESTATE ADDITIONAL NOTES: LEED GOLD‐2013 LEED GOLD‐2011 ENERGY LEED GOLD‐2011 ENERGY LEED GOLD‐2009 LEED GOLD‐2010 LEED GOLD‐2011 ENERGY LEED GOLD‐2010 ENERGY STAR‐2013 STAR‐2015 STAR‐2015 ENERGY STAR‐2014 ENERGY STAR‐2014 STAR‐2014 ENERGY STAR‐2015 TARGETED BUILDINGS COMPARISON CHART HOUSTON, TX ‐ CBD CLASS A BUILDING NAME & ADDRESS FULBRIGHT TOWER 1301 MCKINNEY BUILDING NUMBER 15 BUILDING RSF / # FLOORS 1,247,061 / 51 BUILDING CLASS: A YEAR BUILT: 1982/RENOVATED 1999 AVERAGE FLOORPLATE: 24,452 COMMON AREA FACTOR: 20% OCCUPANCY: 91.90% SPACE OPTIONS: SUITE 3530 ‐ 6,011 SF QUOTED RENTAL TERMS: $31.50 NNN TENANT IMPROVEMENT ALLOWANCES: $20.00 SF ESTIMATED OPERATING EXPENSES: $13.87 SF SIGNAGE: DIRECTORY 1/1,000 SF PARKING RATIO: $185‐$210/SPC/MO‐ UNRESERVED $315.00‐SPC/MO‐RESERVED ABOVENET, AT&T, COGENT, FIBER PROVIDERS: COMCAST, LEVEL 3, LOGIX, PHONOSCOPE, TW TELECOM, MCI CONFERENCING FACILITY, FITNESS CENTER, ON SITE BUILDING AMENITIES: MANAGEMENT, RESTAURANT, BANKING BUILDING SECURITY: 24/7 SECURITY BUILDING OWNER: JP MORGAN CHASE/CRESCENT ADDITIONAL NOTES: LEED GOLD‐2010 ENERGY STAR‐2014 5/7/2015 Copyrighted report licensed to Transwestern - 523890. Page 1 1600 SMITH STREET 1600 Smith Street, Houston, TX 77002 Building Information Owned & Managed Brookfield Floors 51 above grade; 2 below grade Area 1,098,399 GRA Average Floor Size 20,154 Building Class Class “A” Year Completed 1984 Parking Ratio 2,577 spaces attached 2,135 Unreserved: $200.00 425 Reserved: $283.00 First Floor VIP $350.00 Access Connected to other Cullen Center buildings by pedestrian skybridge. Connected to downtown tunnel system. Building Hours M-F, 6AM - 6PM Sat, 8AM - 1PM Leasing Information Dining & Retail Available NRA Paradise Gifts At KBR Tower: Office 179,312 Total Hair Care Southside District Food Court Retail 1,127 Chartway Federal Credit Union GreenLife Storage 1,206 Chevron Federal Credit Union Total Building 180,439 (now) Java Picks Coffee Car Butler, Car Detailing Service Jefferson’s Cafeteria Percent Leased 87% Hertz Car Share Ottos Subway Deluxe Kitchen Largest Contiguous 93,345 MiMi’s Kitchen Murphy’s Deli NET Rental Rate $27.00, $.50 annual increases Coffee Bar serving Seattle’s Best (5 years) At 600 Jefferson: 2015 Est. Expenses $16.83 Jefferson Café Remodel Allowance 5 YR: $25.00; 10 YR: $45.00 Conference Centers Rio Grande Conference Room located on 51st floor –Maximum Occupancy 83 Sabine Conference Room located on 51st floor - Maximum Occupancy 34 39th floor Conference Room located on 39th floor – Maximum Occupancy 50 Clint Bawcom, Margaret Sigur, Jon Dutton 713-651-1515 1600 Smith - F37 - Occupancy SUITE 3730 SUITE 3775 5,860 RSF 5,276 RSF FEC EDF EDF JAN D TEL/ COM ELE.
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