S. BROADWAY DTLA | CA OFFERING MEMORANDUM DATE: AUGUST 2019 Although all information is furnished regarding for sale, rental or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. D/AQ Corp. # 01129558 DAUM Commercial Real Estate to be comprehensive statements investigation and/or making an DISCLAIMER Services (Broker) has been of the terms of such documents, offer to purchase Property, Type engaged as the exclusive agent but rather only outlines of some of of Property unless and until a for the lease of Property, by the the principal provisions, contained binding written agreement for owner of Property (Seller/Lessor). therein. Neither the Broker nor the the purchase of Property, Type of Property, Type of Property is Lessor/Seller shall have any liability Property has been fully executed, being offered for lease in an as-is, whatsoever for the accuracy or delivered, and approved by owner where-is condition and Lessor and completeness of the information and any conditions to Lessor and Broker make no representation contained herein or any other Purchaser’s obligations there under or warranties as to the accuracy written or oral communication or have been satisfied or waived. By of the information contained information transmitted or made taking possession of and reviewing in this Offering Memorandum. available or any action taken or the information contained herein, The enclosed materials include decision made by the recipient the recipient agrees that (a) the highly confidential information with the respect to Property, Type enclosed materials and their and are being furnished solely of Property. Interested parties are contents are of a highly confidential for the purpose of review by to make their own investigations, nature and will be held and treated prospective purchasers of the projections and conclusions in the strictest confidence and shall interest described herein. Neither without reliance upon the material be returned to Broker or Seller/ the enclosed materials nor any contained herein. Lessor/Seller Lessor promptly upon request; and information contained herein is and Broker reserve the right, as its (b) the recipient shall not contact to be used for any other purpose sole and absolute discretion, to employees or tenants of Property, or made available to any other Property, Type of Property from Type of Property directly or person without the express written being marketed for sale at any time indirectly regarding any aspect of consent of the Lessor/Seller. The and for any reason. Lessor/Seller the enclosed materials of Property, enclosed materials are being expressly reserves the right, at its sole Type of Property without the prior provided solely to facilitate the and absolute discretion, to reject written approval of the Seller or prospective investor’s own due any and all expressions of interest or Broker; and (c) no portion of the diligence for which it shall be offers regarding the property and/ enclosed materials may be copied fully and solely responsible. The or to terminate discussions with any or otherwise reproduced without material contained herein is entity at any time, with or without the prior written authorization of based on information and sources notice. This offering is made subject Seller or Broker or as otherwise deemed to be reliable, but no to omissions, correction of errors, provided in the Confidentiality representation or warranty, express change of price or other terms, with and/or Registration Agreement or implied, is being made by Broker respect to sale or withdrawal from executed and delivered by the or Seller or any of their respective the market without notice. Broker recipient(s) to Broker. representatives, affiliates, officers, is not authorized to make any employees, shareholders, partners representations or agreements on and directors, as the accuracy or behalf of Lessor/Seller. Seller/Lessor completeness of the Information shall have no legal commitment contained herein. Summaries or obligation to any interested contained herein of any legal or party reviewing the enclosed other documents are not intended materials, performing additional 900 s. broadway TABLE OF CONTENTS 5 6 7 8 4 TEAM THE AERIAL PROPERTY BIOS + HISTORY OFFERING HIGHLIGHTS 10 12 14 16 23 FLOOR LOCATION BROADWAY COMMERCIAL NEW PLANS MAPS HISTORY BUILDING HIGHLIGHTS DEVELOPMENTS 28 32 36 38 CIVIL TENANT RENT MARKET PROJECTS PROFILES ROLL SNAPSHOT S. BROADWAY LOS ANGELES | CA WHAT DAUM’s competitive advantage is its entrepreneurial depth, spirit of market coverage, superior service and state of the art technology which allows us to solve more of our DIFFERENTIATES clients’ problems faster. This high level of service helps clients acquire more productive and cost effective industrial properties, or dispose of problematic facilities, enhancing DAUM shareholder value. In the following pages we look forward to describing how we out AGENT BIO perform our competition. CAREER SUMMARY SPECIALIZATIONS • Sales, leasing, sale-leasebacks, and investment Sehyung has been working in real estate since 1998, when transactions representing both buyers and sellers he started working in real estate consulting with Ernst and • Best-use analysis for multiple property types Young. As a consultant, he provided real estate services • Investment analysis, acquisition and disposition for national and multi-national real estate companies on strategy, project feasibility, and profitability analysis many levels including marketing, market analysis, and comprehensive feasibility and investment analysis. EDUCATION & AFFILIATIONS • University of Maryland, Leveraging his consulting experience, he joined one of the Masters of City Planning oldest Korean American Brokerage Firms in Los Angeles in • UCLA, Bachelor of Science degree 2001 as an analyst, getting his brokerage license shortly in Civil Engineering thereafter. He has been a part of DAUM Commercial Real • American Industrial Real Estate Association (AIR) Estate Services since 2004. • ONCOR International Having been in brokerage for nearly two decades, he has CLIENT LIST extensive experience working with private and institutional Fashion industry, metals industry, food service and investors as well as owner-users. He has represented both processing industry, import and export industry, as well as SEHYUNG KIM landlords and tenants for all types of buildings including individual investors with affinity towards industrial and industrial, retail and office, across many industries. retail properties. VICE PRESIDENT In addition to real estate, Sehyung also worked in business PARTIAL LIST process management consulting for a venture capital • Joia Trading Company start-up company in Boston, MA, now part of EMC, a • Coty Fashion multibillion dollar publicly traded company. Having • Rhude Clothing CONTACT INFORMATION: worked with executives and managers of such Fortune • Kayo Corp/DGK 500 companies as Verizon, General Electric, Unisys, and • Dailylook P: 213.270.2270 | F: 213.621.0903 Honeywell, he hasa unique insight into the real estate • Softees needs and requirements of a variety of businesses that he • Erewhon Natural Foods [email protected] can translate to meet the needs and requirements of his • 7-Eleven clients in varying scales. CRE LICENSE: #01327276 4 DAUM HISTORY No other CRE brokerage firm has More than a century later DAUM had such a profound impact on the continues to serve as a visionary transformation of Los Angeles into partner for its real estate clients, a world-renowned metropolis. W.H. helping them to better position their Daum founded Los Angeles’ first businesses and take full advantage commercial real estate brokerage of developing local, regional and firm in 1904, a venture that was global opportunities. DAUM runs ten instrumental in bringing more (10) strategically located offices DAUM HISTORY than 6,500 companies into the throughout Southern California fledgling Los Angeles market and and Arizona and provides a full helping the city grow into one array of commercial real estate of the most commercially and services, including brokerage, culturally relevant marketplaces in national tenant representation, the world. consulting, leasing, sales and property management. MARKETING & RESEARCH CHAD JEFFREY JENNIFER JACOBSON GRINBAUM RODRIGUEZ At DAUM, you are not only working with CHIEF RESEARCH MARKETING OPERATING individual agents, but a team of highly DIRECTOR DIRECTOR OFFICER qualified professionals who are here to support the research and marketing efforts for your property. Jeffrey, Jenny, Christian, P: 213.270.2208 | F: 213.626.5729 P: 213.270.2277 | F: 213.626.5729 P: 818.449.1626 | C: 310.991.2423 Melina, Mike and Chad are at your service. [email protected] [email protected] [email protected] MICHAEL SARAH STEWART CHRISTIAN MELINA FOXWORTHY STOUTLAND REYES JR. ADMINISTRATIVE ASISTANT RESEARCH MARKETING CHIEF P: 213.629.9101 | F: 213.621.0903 ANALYST SPECIALIST DEVELOPMENT OFFICER [email protected] P: 818.449.1625 | F: 818.710.1012 P: 213.270.2229 | F: 818.710.1012 P: 213.270.2236 | F: 818.710.1012 [email protected] Los Angeles [email protected] [email protected] 801 S. Figueroa St|Suite 600 5 Los Angeles , CA 90017 THE OFFERING Daum Commercial Real