Office Portfolio Summary

Page 1

OFFICE PORTFOLIO SUMMARY



Table of Contents C OLORADO Yosemite

SOU TH C AROLIN A

4

GEORGIA

Remount I

17

TEXAS

Platinum Tower

6

One City Centre

18

Highlands

8

Richmond

20

I & II Park Ten Place

21

Timberway II

22

One Park Ten

23

ILLIN OIS 20 N. Clark

9

6330 West Loop

24

Park Plaza

10

2626 Cole

25

Riverwalk II

11

3900 Essex

26

200 W. Monroe

12

Atrium at Park Ten

27

200 W. Monroe

13

Ashford 5, 6 & 7

28

Yorktown

29

1717 St. James

30

Royal Ridge I, II, III & VII

31

Lincoln R & D at Legacy

32

MIN N ESOTA IDS Center

14

N ORTH C AROLIN A Arrowpoint II & III

16


COLORADO

YOSEMITE 6455 South Yosemite Street— Greenwood Village, CO 80111

Yosemite is a 10-story, suburban office building in the Denver Technological Center. The LEED Gold certified high-rise has a Class A location, adjacent to I-25 and the Arapahoe at Village light rail station. The property’s large and flexible 21,600 SF footplates, its 836 spaces of indoor and outdoor parking, and the transportation options for motorists and public transit commuters, are regarded as exceptionally attractive amenities for employee-conscious tenants.

Key Statistics Year Acquired

2014

Size (sf)

196,567

Purchase Price

$25,050,000

Major Tenants

Mincom Limited V.W.Allabashi & Assoc, LLC United Health Care Svcs Inc

Fund

Metrolist Inc Gimmel



GEORGIA

PLATINUM TOWER 400 Interstate North Parkway— Atlanta, GA 30339 Platinum Tower is a prestigious 17-story Class A office tower with 21,000 SF floor plates. Energy Star rated and LEED certified, the steel and cobalt blue glass building --rising out of a richly landscaped setting--offers sweeping 360-degree views of the Atlanta Metro area from every floor. Platinum Tower has an indisputable Class A location, situated at the juncture of I75 and I-85. The property is close to the affluent and vibrant neighborhoods of Buckhead and East Cobb. The Cumberland Galleria District has a concentration of hotels, restaurants, shopping, and professional services. Platinum Tower has a generous tenant amenity package including full-service conference facilities, an onsite cafÊ, fitness center , on-site property management, and 24/7 security. The property also has a 7-level parking structure.

Key Statistics Year Acquired Size (sf)

2013 312,228

Purchase Price

$48,100,000

Major Tenants

First Option Mortgage Lincoln National Insurance Company Thomas / Horstemeyer, LLP

Fund

Dwaan C. Black Dalet



GEORGIA

HIGHLANDS 7100 Highlands Parkway — Smyrna, GA 30082 Highlands is a Class A office building in the Northwest Atlanta submarket. The steel and glass contemporary structure was built exclusively for IBM Corporation. It has 26-foot domed sky-lit ceilings, a vast open floor plan, and 1,054 surface parking spaces for a ratio of 7.0 per 1000 SF. The property has a Class A location, less than a quarter mile access to I-285, two miles from I-7510 minutes from the fashionable Buckhead district, and 15 minutes from Hartsfield-Jackson Atlanta International Airport.

Key Statistics Year Acquired Size (sf) Purchase Price

2013 150,000 $16, 500,000

Major Tenants Fund

Int'l Business Machine (IBM) Gimmel


ILLINOIS

20 N. CLARK 20 North Clark Street — Chicago, IL 60602

20 North Clark is a 35-story office tower in downtown Chicago’s Central Loop. The property has 12,000 SF floor plates and features a penthouse. Its Class A location, surrounded by various restaurants, retail shopping, entertainment venues, and access to Chicago's public transport networks. 20 North Clark will receive $4 million in planned enhancements including a new conference center, a fitness center, and upgrades to the lobby, and common areas.

Key Statistics Year Acquired Size (sf)

2013 396,619

Purchase Price

$63,750,000

Major Tenants

Ziegler Lotsoff Capital Managment Jeffrey M Goldberg and Associates Desman Inc Donald J Nolan Ltd Gimmel

Fund


ILLINOIS

PARK PLAZA 215 Shuman Boulevard — Naperville, IL 60563

Park Plaza is a four-story, twin-winged 210,774 SF office building in Naperville, IL. Park Plaza hosts strong tenant amenities including a recently upgraded fitness club, an onsite deli, and below-grade heated parking. The property has a parking ratio of 4.3 per 1000 SF. The property’s class A location directly fronts I-88 in the heart of the Western East/West Tollway submarket.

Key Statistics Year Acquired

2013

Size (sf)

210,774

Purchase Price

$24,500,000

Major Tenants

Travelers Indemnity Company Transguard Insurance Co. of America, Inc Berkley Underwriting Partners, LLC Connect Hearing, Inc

Fund

Gimmel


ILLINOIS

RIVERWALK II 2100 E. Lake Cook Road — Buffalo Grove, IL 60089

Riverwalk II is a Class A office building located within Chicago's North suburban submarket. The twelve-story office building is anchored by CVS Caremark and PrimeSource Healthcare. The property offers a full service deli, fitness center, conference room, and is surrounded by an abundance of retail, lodging, entertainment and dining amenities, including a fullservice Westin Hotel and Conference Center across the street.

Key Statistics Year Acquired Size (sf) Purchase Price

2014 258,995 $45,000,000

Major Tenants

PrimeSource Healthcare Systems, Inc. Caremark, LLC

Fund

IPH


ILLINOIS

200 W. MONROE 200 W. Monroe Street — Chicago, IL 60602

200 West Monroe is a recently renovated, 23-story office tower located in Chicago’s West Loop submarket. The property will aggressively compete as a high quality, value conscious alternative within the west loop. 200 West Monroe features highly desirable floor plates for full floor and multi-tenant configurations. The Property’s value orientation for this location combined with the lack of available large contiguous blocks of space in the market will push 200 West Monroe to the forefront of consideration for tenants.

Key Statistics Year Acquired

2014

Size (sf)

535,270

Purchase Price

$100,000,000

Major Tenants

Equinox Monroe Street - Retail Amliresidential Pro Destiny Health Inc.

Fund

National Education Servicing Gimmel


ILLINOIS

230 W. MONROE 230 W. Monroe Street — Chicago, IL 60602

230 West Monroe is a 29-story office tower located in Chicago’s West Loop submarket, directly adjacent to our recently acquired 200 W. Monroe. The 649,265 square foot building was recently renovated in 2013-2014, including a lobby renovation, elevator modernization, and successful spec suite program. The gap between current in place rents at 200 West Monroe and current market rents provides an opportunity for a new investor to increase future revenues. 230 West Monroe will aggressively compete as a high quality, value conscious alternative within the submarket.

Key Statistics Year Acquired

2014

Size (sf)

623,524

Purchase Price Major Tenants

$122,000,000 Microtek Education Center Research Triangle Institute Women’s Workout World Realogic Analytics

Fund

Gimmel


MINNESOTA

IDS CENTER 80 S. 8th Street — Minneapolis, MN 55402

The IDS Center is a 57 story Class A tower with 1,467,043 SF of office and retail space, featuring a 25,000 SF 8-story landscaped indoor park, that occupies a full city block in the very center of downtown Minneapolis. It is known as Minneapolis’ signature skyscraper that that dominates the city’s skyline. IDS Center has been referred to as a “small self-contained city within a city.” The complex has 655 indoor parking spaces but is also linked to the surrounding buildings by four glass-enclosed pedestrian skyways.

Key Statistics Year Acquired

2013

Size (sf)

1,467,043

Purchase Price

$253,486,470

Major Tenants

UBS Financial Briggs and Morgan Professional Gray, Plant, Mooty, Mooty, & Bennet Lindquist & Vennum, P.L.L.P.

Fund

Dalet



NORTH CAROLINA

ARROWPOINT II, III 9140, 9144 Arrowpoint Blvd — Charlotte, NC 28273

Arrowpoint II & III exemplify an intelligent and attractively planned concept in office buildings. Contemporary in design, the two four-story properties are adjacent to each other, providing spacious floor plates exceeding 20,000 SF. Adjoining parking lots offer a ratio of 4.6 per 1000 SF. The properties are close to Charlotte’s Douglas International Airport, the city’s downtown business district, top tier hotels, restaurants, and many of Charlotte’s most desirable residential, commercial and shopping areas.

Key Statistics Year Acquired

2010

Size (sf)

163,687

Purchase Price

$14,200,000

Major Tenants

(M) AT&T Advertising & Publishing CPP International, Inc New Horizons CLC of Charlotte

Fund

Bride Terminal Transport IPH


SOUTH CAROLINA

REMOUNT I 1101 Remount Road - North Charleston, SC 29406 Remount I is a high technology office, integration and defense prototype. The office park handles military and engineering officials working on defense and space contracts whose assignments must be not only physically secure but also housed in an attractive and efficient environment. The property is greatly desired and gives benefit and comfort to its tenants, their employees, staffers, and visiting subcontractors.

Key Statistics Year Acquired

2011

Size (sf)

199,964

Purchase Price

$32,742,000

Major Tenants

Scientific Research Corp Stanley Associates, Inc

Fund

Three Saints Bay, LLC Aleph


TEXAS

ONE CITY CENTRE 1021 Main Street — Houston, TX 77002 One City Centre is a prestigious 31-floor, Class A office tower located at Main Street Square in Houston’s Central Business District. The landmark building occupies a full city block and gives occupants access to the city’s best hotels, restaurants, retail, residential, and entertainment venues. Additionally, the property is steps away from Metro Light Rail and bus system access. Extensively upgraded and meticulously maintained, One City Centre holds LEED EB Gold and Energy Star designations. The property's two parking garages have a combined 1,369 spaces with a 4.0 per thousand SF parking ratio, the highest in the CBD.

Key Statistics Year Acquired

2012

Size (sf)

608,660

Purchase Price

$131,000,000

Major Tenants

Energy XXI Services, LLC

Fund

Waste Management, Inc. Aleph-Dalet



TEXAS

RICHMOND 10333 Richmond Houston, Tx

10333 Richmond is an 11-story, multi-tenant, Class A office building located just east of the intersection of Richmond Ave. and Beltway 8 in the prestigious Westchase submarket of Houston, TX. The Building is currently 91% leased to a diverse mix of tenants and possesses a strong operating history and in-place rents that are currently 21% below market. 10333 Richmond offers investors an opportunity to acquire an institutional quality asset at a significant discount to replacement cost in one of the most sought-after submarkets in Houston.

Key Statistics Year Acquired Size (sf) Purchase Price Major Tenants Fund

2014 218,680 $ 46,300,000 Williams Morgan P.C. Docs on Demand, Inc. Gimmel



TEXAS

I & II PARK TEN PLACE 16365 Park Ten Place Drive — Houston, TX 77084 16300 Katy Freeway — Houston, TX 77084 The two building portfolio totals 91,215 SF on 3.28 acres with 307 surface and underground parking spaces. Located in Houston’s Energy Corridor submarket, with immediate access to I-10, the property offers tenants proximity to some of the world’s major oil companies. Nearby is the Park Ten residential neighborhood featuring shopping and other amenities

Key Statistics Year Acquired

2011

Size (sf)

91,215

Purchase Price

$8,400,000

Major Tenants

Strategic Materials, LLC.

Fund

Troubadour Limited IPH


TEXAS

TIMBERWAY II 15995 North Barkers Landing — Houston, TX 77079

Timberway II is located in the highly sought-after Energy Corridor/Katy Freeway submarket. The property has large floor plates that provide the flexibility to accommodate tenant growth, and has a two-level attached parking deck with 357 spaces. Timberway II, has Energy Star designation and numerous tenant amenities. It is near the intersection of I-10 and Highway 6, adjacent to BP’s North American headquarters and in close proximity to the desirable Westlake residential and shopping community.

Key Statistics Year Acquired

2010

Size (sf)

130,828

Purchase Price

$10,000,000

Major Tenants

Strategy Engineering (M)-Enventure Global Technology, LLC Severn Trent Environmental Services, Inc

Fund

(M)-Christian Brothers Automotive Corp IPH


TEXAS

ONE PARK TEN 16225 Park Ten Place — Houston, TX 77084

One Park Ten is a Class A office building located in the epicenter of Houston’s highly sought-after Energy Corridor submarket. The property has large 20,500 SF floor-plates and an architecturally distinctive design that creates 17 corner offices per floor, a feature that tenants prize. The building has an onsite deli, property management office and a fourlevel attached parking garage with 560 parking spaces. One Park Ten occupies 3.27 landscaped acres within the Park Ten office park, and is close proximity to Katy Freeway.

Key Statistics Year Acquired

2010

Size (sf)

162,919

Purchase Price

$15,700,000

Major Tenants

(M) J. Connor Consulting Spectrum Energy RGN-Houston X

Fund

(M) Amromco, LLC IPH


TEXAS

6330 WEST LOOP 6330 West Loop South — Houston, TX 77401

6300 West Loop is a 14-story, LEED Silver certified office building located in the West Loop submarket of Houston. The property was recently renovated with upgraded building systems and cosmetic improvements. The property has 20,000 SF-plus floor plates and 876 spaces of both structured and surface parking providing for a ratio of 3.7 per 1000 SF. The property is situated along Loop 610 with close proximity to the West Galleria area which offers restaurants, retail shops, and other amenities. 6330 West Loop features panoramic views, a Chase Bank drive-through facility, a fitness center and a spacious lobby.

Key Statistics Year Acquired

2010

Size (sf)

278,489

Purchase Price

$49,500,000

Major Tenants Fund

Worley Parsons IPH


TEXAS

2626 COLE 2626 Cole Avenue — Dallas, TX 75204

2626 Cole is a premier Class A office tower with a distinctive brick and black glass façade in the popular Uptown submarket of Dallas. The property allows for additional corner offices on its 14,300 SF floor plates, with Some floors featuring balconies. 2626 Cole is within walking distance to a variety of restaurants, retail shops and other amenities, while offering quick access to the intersection of five heavily-traveled thoroughfares. The property has both a three-level underground parking garage and surface parking totaling 357 spaces for a ratio of3.0 per 1,000 SF.

Key Statistics Year Acquired

2013

Size (sf)

120,599

Purchase Price

$22,500,000

Major Tenants

Leadership Network The Gough Group, Inc

Fund

TPF Gas Services, LLC Dalet



TEXAS

3900 ESSEX 3900 Essex Lane — Houston, TX 77027

3900 Essex is a 12-story, office tower situated in the highly sought-after urban infill Greenway Plaza submarket of Houston. The sleek concrete tower with its elegant wood-walled finishes has large 20,000 SF floor plates with an adjacent sevenlevel parking structure featuring a parking ratio of 3 per 1000 SF. 3900 Essex is located in the River Oaks area of Houston's inner loop, less than five miles west of the Houston’s Central Business district and one mile east of the Galleria.

Key Statistics Year Acquired

2010

Size (sf)

236,321

Purchase Price

$33,400,000

Major Tenants

Aquinas Companies, LLC Andrews myers P.C. Johnson & Lindley, LLC

Fund

Thomson Reuters IPH


TEXAS

ATRIUM AT PARK TEN 16340 Park Ten Plaza — Houston, TX 77084

Atrium at Park Ten is a 3-story, office building with a distinctive, contemporary design that is airy, open and visually inviting. The property has a parking ratio of 3.35 per 1000 SF and is located on the north side of I-10, between Texas State Highway 6 and Baker Harris Road. The property is situated on 6.16 acres within the Park Ten office park, in the epicenter of Houston’s Energy Corridor.

Key Statistics Year Acquired

2010

Size (sf)

139,834

Purchase Price

$15,500,000

Major Tenants

Trendmaker Homes R.G. Miller Engineers, Inc. United Rentals (North America)

Fund

DSME Offshore Engineering Corporation IPH


TEXAS

ASHFORD 5, 6 & 7 14701 St. Mary’s Lane — Houston, TX 77079 1155 Dairy Ashford Road — Houston, TX 77079 900 Threadneedle Street — Houston, TX 77079

The Ashford Portfolio—is comprised of three 8-story office buildings in Houston’s Ashford Business Park. The properties are distinguished architecturally by their clean-lined contemporary design and feature three individual parking structures with a total of 1,972 spaces. the properties recently underwent extensive renovations, and now feature high-end finishes throughout. The three buildings are Energy Star rated and offer high speed Internet access, a conference facility, on-site security and property management. The buildings have a solid Class A location at the heart of the Energy Corridor.

Key Statistics Year Acquired

2012

Size (sf)

570,045

Purchase Price

$81,500,000

Major Tenants

Sasol North America Wood Group Mustang, Inc CH2M Hill, Inc GL Noble Denton, Inc

Fund

FloaTEC Solutions, LLC LTRS Aleph-Dalet


TEXAS

YORKTOWN 1776 Yorktown Street — Houston, TX 77056

1776 Yorktown is an 8-story, office building with a Class A location in Houston’s high-style Galleria/Uptown submarket. The property features a deli, covered loading dock, storage, and on-site property management. The property has a fivelevel, attached steel framed parking structure with 698 spaces. The property gives tenants and their employees easy access to hotels, restaurants, retail shops and other professional services.

Key Statistics Year Acquired

2011

Size (sf)

178,952

Purchase Price

$15,000,000

Major Tenants

Alert Logic, Inc

Fund

Insurance Alliance Aleph


TEXAS

1717 ST. JAMES 1717 St. James Place — Houston, TX 77056

Located in Houston’s prestigious Galleria/Uptown submarket,1717 St. James is a 6-story, office building within walking distance to an array of amenities including hotels, restaurants, and a variety of retail shops. 1717 St. James features 299 parking spaces in an attached parking structure and surface lot.

Key Statistics Year Acquired

2011

Size (sf)

110,454

Purchase Price

$12,500,000

Major Tenants

Regions Bank Ralph E Davis

Fund

LeBlanc Bland P.L.L.C. Aleph


TEXAS

ROYAL RIDGE I, II, III & VII 7979 Beltline Road — Irving, TX 75063 8081 Royal Ridge Parkway — Irving, TX 75063 3939 John Carpenter Freeway — Irving, TX 75063 3625 West Royal Lane — Irving, TX 75063 Royal Ridge is a portfolio of four Class A office buildings featuring spacious floor plates for exceptional efficiency and tenant flexibility. Royal Ridge is located in the Las Colinas submarket of Dallas. Parking is provided for through large surface lots that total 1,658 parking spaces for a ratio of nearly 6 per 1000 SF.

Key Statistics Year Acquired

2011

Size (sf)

505,948

Purchase Price

$72,500,000

Major Tenants

Capital One Nation Association American Honda Finance Corp Cartus Corporation

Fund

Sedgwick Claims Management Aleph & Dalet


TEXAS

LINCOLN R & D AT LEGACY 5212 Tennyson Parkway— Plano, TX 75024 5220 Tennyson Parkway— Plano, TX 75024 6500 Pinecrest Drive — Plano, TX 75024 6600 Pinecrest Drive — Plano, TX 75024 6652 Pinecrest Drive — Plano, TX 75024 6700 Pinecrest Drive — Plano, TX 75024

Legacy R&D is a portfolio of six single-story Class A buildings on beautifully landscaped grounds in the Legacy Business Park of Plano, TX. The sleek, modern buildings are “open concept” with high ceilings, large glass window expanses, and are designed for R&D and corporate support functions. The properties have a combined 1,658 parking spaces for a parking ratio of 5.5 per 1000 SF.

Key Statistics Year Acquired

2012

Size (sf)

298,085

Purchase Price

$43,850,000

Major Tenants

Advanced Neuromodulation Systems, Inc. Concentra Inc.

Fund

Atlantic Aviation FBO, Inc. Aleph



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