JAMES J. HILL CENTER 80 West Fourth St, Saint Paul MN 55102 Contents

JAMES J. HILL CENTER 80 West Fourth St, Saint Paul MN 55102 contents

Affiliated Business Disclosure Aerial Map & Disclaimer3 17 Property6 Highlights Location18 Map Property7 Information Skyway19 Map Stacking8 Plan Area20 Demographics 10Site Plan Financial21 Projections Floor11 Plans Area23 Amenities Property13 Photos St. 26Paul Overview

photo credit: VisitStPaul.com 2 affiliated business disclosure & disclaimer

AFFILIATED BUSINESS DISCLOSURE DISCLAIMER CBRE, Inc. operates within a global family of companies with many This Memorandum contains select information pertaining to the subsidiaries and related entities (each an “Affiliate”) engaging in Property and the Owner, and does not purport to be all-inclusive a broad range of commercial real estate businesses including, or contain all or part of the information which prospective investors 2 but not limited to, brokerage services, property and facilities may require to evaluate a purchase of the Property. The information management, valuation, investment fund management and contained in this Memorandum has been obtained from sources development. At times different Affiliates, including CBRE Global believed to be reliable, but has not been verified for accuracy, Investors, Inc. or Trammell Crow Company, may have or represent completeness, or fitness for any particular purpose. All information clients who have competing interests in the same transaction. For is presented “as is” without representation or warranty of any kind. example, Affiliates or their clients may have or express an interest Such information includes estimates based on forward-looking in the property described in this Memorandum (the “Property”), and assumptions relating to the general economy, market conditions, may be the successful bidder for the Property. Your receipt of this competition and other factors which are subject to uncertainty Memorandum constitutes your acknowledgment of that possibility and may not represent the current or future performance of and your agreement that neither CBRE, Inc. nor any Affiliate has an the Property. All references to acreages, square footages, and obligation to disclose to you such Affiliates’ interest or involvement in other measurements are approximations. This Memorandum the sale or purchase of the Property. In all instances, however, CBRE, describes certain documents, including leases and other materials, Inc. and its Affiliates will act in the best interest of their respective in summary form. These summaries may not be complete nor client(s), at arms’ length, not in concert, or in a manner detrimental accurate descriptions of the full agreements referenced. Additional to any third party. CBRE, Inc. and its Affiliates will conduct their information and an opportunity to inspect the Property may be respective businesses in a manner consistent with the law and all made available to qualified prospective purchasers. You are fiduciary duties owed to their respective client(s). advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and negotiations shall be non- binding and neither CBRE, Inc. nor the Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner.

3 4 The Historic James J. Hill Center was founded in 1921as a private, non-profit reference library. The facilities are ideal for meetings, weddings, corporate events, and various gatherings up to 300 people.

• Unique once in a lifetime opportunity to own a world class historic library. • Owner seeking interested parties • Never before on market • On the National Historic Register • Historic Structures Report available • Historical tax credit potential • PVN Consulting has provided historic consulting services to owner • Negotiable pricing • Arts District location on Rice Park • Near skyway system • Neighboring St. Paul Public Library (not part of offering)

property highlights

6 property information

Property Description: James J. Hill Center 80 W 4th Street, St. Paul MN 55102 Square Footage: 43,776 SF gross building (per Ramsey County) 3 levels plus lower level 22,000 USF per Miller Dunwiddie Architecture Parcel Size: 0.472 Acres (20,568 SF) Year Built: 1921 (est.) Built 3RD FLOOR Many Improvements since. Good repair records. HVAC: Boiler. No District Energy. Current contemplation to switch over at a cost of $500,000 SF Parcel Number: 06-28-22-24-0012 Tax Expense: Property Tax Exempt, except streetscape $3,023/yr 2018 Zoning: B4 2ND FLOOR Sprinkled: No. SF CENTER Ceiling Height: Varies. Large center atrium. ATRIUM Construction: Masonry/Steel frame structure Bathrooms: Updates 2013 1ST FLOOR Environmental: No phase I. Not all asbestos remediated. Surrounding Uses: Multi-family residential/school/office/parking ramp/library/concert hall/park/muse- SF um/Xcel Energy Center Deferred Maintenance: Yes, see HSR (Historic Structures Report by PVN/HGA 2018) Roof: 1991 roof restored. 2015 roof repairs. BASEMENT Dock Door: None. South delivery service entrance off Kellogg SF Meeting Space/Storage Space/Mechanical Lighting / Electric: No back up generator. South Grade Entrance/Windowed Spaces No redundant electrical. Parking: Minimal control (Est. 4 stalls) on site next to service entrance Elevator: Yes (New 2017) Title Report: Available Other: ADA entrance is south entrance, not main north entrance 2011 windows replaced stacking plan

7 8 site plan

16 10 floorplans

floor plans

11 12 floorplans

floor plans

13 14 floorplans

floor plans

15 16 exterior photos

17 18 interior photos

19 20 aerial map

location map

21 22 Welcome to Saint Paul’s Pedestrian Skyway Welcome to Saint Paul - Minnesota's capital city on the bluffs of the iconic Mississippi River. Downtown Saint Paul boasts a fully enclosed and temperature-controlled skyway system covering 47 city blocks and spanning five miles, making it one of the largest in the world. The system connects pedestrians to many of Saint Paul's best attractions, award-winning restaurants and entertainment venues. Use the skyway system to explore downtown and look for access points to and from the street level. We're glad you're here in Saint Paul! If you have any questions regarding Saint Paul’s Pedestrian Skyway System or wish to report a concern, contact the City of Saint Paul at 651-266-8989 or [email protected]. Scan the above QR An interactive web version of the skyway map is available at https://www.stpaul.gov/skywaymap. code to go to Web/Mobile Version CALL 911 FOR EMERGENCIES. of the Skyway Map

State Capitol B Skyway Map Legend R JOHN ST TO 12TH ST E O 94 A B I D 14TH ST W W Skyway Bridge JACKSON ST AY ST T PRIVATE D R Minnesota SB I35E TO 10TH ST E WB I O BALSAM ST Judicial 9 NB I35E Reduced Hours Bridge/Path 4 TO Center 9TH ST E N JOHN ST B I35 CENTRAL PARK PL Pedestrian Easement Path

Centennial E PINE ST JR BLVD Building G BROADWAY ST Below Grade Tunnel 1 MILE 3 MILE 5 MILES 10TH ST E KIN R E H MN Dept of ST TO SB I35E (! Skyway Bridge Numbers T N U L Revenue SO 94 2018 Population - Current Year Estimate 17,901 166,415 369,356 IN K EB I RT C O S A INTERSTATE 35E ST T B I Light Rail, Green Line . M JA N 3 DR skywayEB I94 TO WALL 5ST . map E T REV INTERSTATE 35E KSO SB I35E TO EB I94 OLIVE ST 9TH ST E 2023 Population - Five Year Projection 19,418 173,441 383,858 JAC O 12TH ST E SB Buildings

MINNESOTA ST H 8TH ST E W Y Parking Locations 5 Updated: 1/19/2018 2 2010 Population - Census 15,048 155,081 346,489

COLUMBUS AVE SIBLEY ST SB I35E TO WB INTERSTATEI94 94 2000 Population - Census 13,228 160,211 348,035

11TH ST E Armory TEMPERANCE ST 10TH ST E Wacouta Commons 2010-2018 Annual Population Growth Rate 2.13% 0.88% 0.78%

E SIBLEY ST T 2018-2023 Annual Population Growth Rate 1.64% 0.83% 0.77% HS T 6 BRO ADWAY O INTERSTATE 94 T 4 State Veterans I9

B Service Bldg S W 2018 Households - Current Year Estimate 10,101 63,691 144,235 T 8TH ST E CHS Field 12TH ST W MINNESOTA ST 2023 Households - Five Year Projection 11,006 66,379 149,741 Elmer L Anderson Pedro Park I94 B Human Services Bldg OW T Ramsey Co. 9TH ST E BROADWAY ST Public Health River 2010 Households - Census 8,422 59,759 136,599 TH ST W Park 12 WABASHA ST N Gilbert Bldg (!15 Lofts WALL ST 2000 Households - Census 7,087 60,439 137,708 State Public (!55 Housing NB I35E TO EB I94 Railroader Agency 10TH ST E Park Printing 11TH ST W Robert St. 7TH ST E 2010-2018 Annual Household Growth Rate 2.23% 0.78% 0.66% History Building 5TH ST E Ramp Square Court Theatre Metro (!14 SAINT PETER ST (!5 Square Mears Park Farmers Market 2018-2023 Annual Household Growth Rate 1.73% 0.83% 0.75% Scientology McNallyCollege Smith Place Apt WACOUTA ST 10TH ST W of Music Center (!2 MN Public City (!19 Mears Park (!56 Gallery Radio Walk Golden !8 7TH PL E 2018 Average Household Size 1.86 2.55 2.48 ( SIBLEY ST W Fitzgerald Towers EXCHANGECentral ST E Rule Bldg (!13 ST Theater Towers Securian H !1 6TH ST E ( (!47 Center 12TH ST W TO SB I35E Gallery (!4 400 Bldg (!9 (!12 35E Bldg Town 2018 Average Household Income $71,212 $68,666 $77,762 E TO 11T Wold Trade 380 E 5 Square I3 Center Ramp Jackson AT INTERSTATE 35E EXCHANGE ST W UBS Securian (!26 T B Tower 7TH PL E S N Plaza Center ROBERT ST N St. Joseph's 375 2023 Average Household Income $86,371 $80,667 $89,955 Hospital Ramsey Co. 401 Bldg !23 333 INTER Juvenile and (!3 Met Jackson ( on the Family Justice Council Center 5TH ST E Park Town (!18 !48 2018 Median Household Income $44,745 $46,874 $53,287 Wells Fargo (!7 (!11 ( 180 E Square Chamber of (!6 Place Commerce 375 Jackson St. Ramp 5th Bldg (!36 Double Tree by Jackson 2023 Median Household Income $54,285 $53,220 $59,701 Minnesota (!22 Depot Totlot Children's Hilton Hotels Union (!51 Museum WABASHA ST N 9TH ST W SAINT JOSEPHS LN DOROTHY DAY PL Treasure Island (!31 (!37 Depot Center & Pioneer TRIA Rink 2018 Per Capita Income $41,067 $26,717 $30,850 SAINT PETER ST (!17 (!21 Endicott Palace Bldg Twin Cities Concourse (!25 JACKSON ST 5T Theatre US Bank Center PBS H ST W TO WB I94 Alliance 2023 Per Capita Income $49,741 $31,265 $35,546 7TH PL W Bank Center First (!35 (!30 KELLOGG BLVD E ECOLAB Park (!16 (!20 National Square Bank Bldg Theatre (!24 Warren Burger OLD 6TH ST Federal Courts 2018 Housing Units 11,071 69,998 155,117 5TH ST W5TH ST W LRT Vertical Connection (!34 Bldg 6TH ST W Hamm Memorial Plaza CEDAR ST

(!50 6TH ST W Capital Centre Plaza 2018 Vacant Housing Units 970 8.8% 6,307 9.0% 10,881 7.0% Cleveland Circle SMITH AVE N 7TH ST W Cedar St (!49 345 ARNER RD Kellogg W Landmark Plaza Athletic Square Culture Park Lower Landing Park 2018 Occupied Housing Units 10,102 91.2% 63,690 91.0% 144,236 93.0% Lawson Club Bldg (!44 Commons Capitol Ramsey Travelers (!29 City Ramp County Govt (!39 Minnesota (!40 (!28 Victory Center2ND East ST Center (!33 2018 Owner Occupied Housing Units 2,806 25.3% 31,017 44.3% 78,951 50.9% Bidg. Landmark Parking 5TH ST W Ramp (!46 The Degree Kellogg Mall 2018 Renter Occupied Housing Units 7,296 65.9% 32,673 46.7% 65,285 42.1% of Capitol St. Paul Lowry 4TH ST EWalsh Honor City Xcel Hotel Gaertner Ramp Roy Wilkins (!43 SHEPARD RD Energy Auditorium Ordway (!27 Center City Hall Center Annex W. 7th Rice Park 2018 Population 25 and Over 13,8330 106,084 239,459 Landmark InterContinental Hotel District Towers (!32 Entertainment WASHINGTON ST (!42 City Hall HS and Associates Degrees 5,740 41.5% 54,150 51.0% 116,889 48.8% 4TH ST W & Court Saint Paul House EAGLE ST RiverCentre (!41 MARKET ST Bachelor’s Degree of Higher 6,973 50.4% 35,483 33.4% 94,293 39.4% George Latimer James (!45 Central J. Hill Library Center Kellogg Blvd KELLOGG BLVDEXCHANGE W ST S 2018 Businesses 2,1690 5,825 11,286 Mississippi River ROBERT ST S

WABASHA ST N E Saint Paul RiverCentre A G O ST 2018 Employees 74,231 136,212 216,699 LE Parking Ramp I NTAR P O

KW Science Museum Y of MN Raspberry Island Regional Park area demographics

23 24 financial projections

REVENUE

Potential Event Rental $600,000/yr est. (52 weekends x 2 events x $5,000/event)

Potential Weekday Rental $20,000/yr est. ($400/day x 52/yr) of Conference Room

Potential Vacant Space $110,000/yr est. (5,000 SF x $20/SF/yr) Rental

EXPENSES Not on tax rolls (special assessment $3,023/yr est.) Property Taxes A new owner may be taxed differently.

Property Insurance $12,000/yr est

Utilities $50,000/yr est

Maintenance Varies (See HSR)

25 4 area amenities

29 7th St W DINNING 25 6th St E 1 Herbie’s On The Park 8 24 W 6th St St. Peter St 26 5th St E 2 Sakura 7 Cedar St

Wabasha St N 3 Pazzaluna W 5th St 6 4th St E 5 4 The St. Paul Grill W Kellogg Blvd 3 4 27 19 20 5 Chipotle 30 22 2 28 9 6 Kincaid’s 21 10 1 Smith Ave N 13 11 7 Meritage 14 12 31 15 23 8 Mickey’s Diner 16 N Chestnut St 18 17 9 The Liffey Irish Pub N Walnut St 10 Eagle Street Grille 7th St W 11 Seventh Street Truck Park Mississippi River

12 New Bohemia Shepard Rd

13 Cossettas ENTERTAINMENT HOTELS

14 Patrick McGovern’s Pub 19 Xcel Energy Center 23 Minnesota Science Museum 27 The St. Paul Hotel

15 Downtowner Woodfire Grill 20 Roy Wilkins Auditorium 24 Palace Theatre 28 InterContinental Hotel

16 Burger Moe’s 21 St. Paul RiverCentre 25 Minnesota Children’s Museum 29 DoubleTree Hotel

17 Tom Reid’s Hockey City Pub 22 Ordway Center 26 TRIA Rink 30 Holiday Inn

18 Parlour St. Paul 31 Hampton Inn 27 10 Recently renovated, Union Depot links intercity bus lines, charter 15th largest metropolitan bus lines, the commuter rail, the area in the United States passenger rail to Chicago, taxis, and rental cars to St. Paul.

Second largest city in Minnesota

The 11 mile Green Line light rail system links downtown St. Paul to Capital of Minnesota downtown Minnapolis, with future Governemtnet Center extension planned to Eden Prairie.

Home to many colleges and universities, St. Paul has a highly educated workforce