3.
3.
CirclePoint one & two
CirclePoint one & two
PREPARED FOR
Northridge Capital, LLC Kevin J. Fay PREPARED BY Bill Lucas Stockton Baker Brian Hutt
3.
CirclePoint one & two
Table of Contents
1
Cassidy Turley Overview
2
Property Management
3
CirclePoint Property Analysis
4
Metro Denver Analysis
5
Competing Properties & Pricing Strategy
6
Proposed Commissions
7
Marketing Approach
8
Why Partner with Cassidy Turley?
Page 1
3.
CirclePoint one & two
Cassidy Turley Overview
A Company with a Legacy of Success: An Entrepreneurial Culture That’s Nimble & Hungry Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley. com for more information about Cassidy Turley.
Cassidy Turley - Locations
Cassidy Turley by the Numbers Cassidy Turley is a leading commercial real estate services provider. • 60 Offices • 3,800 Professionals • 970 Brokers • 400 Million SF Managed Portfolio • 23,000 Managed Client Locations
Services Graphic
• $22 Billion in Transaction Volume in 2012 • 17,000 Lease Transactions Closed • 2,100 Sale Transactions Closed
Comprehensive Commercial Real Estate Services Full-Service Firm
Find Space
Manage Space
Tenant Representation Site Selection Owner-Occupier Acquisitions
Property Management Facilities Management Property Administration
Cassidy Turley Locations Cassidy Turley Managed Client Locations
Integrated Services Build Space Project Management Development Services
Atlanta, GA Cassidy Turley Austin, TX a Atlanta, Baltimore, MD GA TXaa BatonAustin, Rouge, LA Baltimore, MD Bethesda, MD a Baton Boston, MA Rouge, LA Bethesda, Burlingame, CA MD Carlsbad, CA MA Boston, Charlotte, NC Burlingame, CA Chicago, IL (2) aCA Capitola, Cincinnati, OH CA Carlsbad,
Columbia, MD Locations
Columbus, OH
Charlotte, Dallas, TX NC (2) b Chicago, IL (2) b Dayton, OH Cincinnati, Denver, CO OH Columbia, MD El Cajon, CA Columbus, Fort Collins,OH CO Fort Worth, TX ba Dallas, TX (2) Houston,OH TX (2) b Dayton, Indianapolis, Denver, CO IN CACA ElIrvine, Cajon,
Jacksonville, FL Kansas City, MO Fort Collins, CO CA Los Altos, Fort Worth, TX a CA Los Angeles, b Houston, TX (2) KY Louisville, Indianapolis, IN WI (2) b Milwaukee, Jacksonville, FL MN Minneapolis, Kansas Monterey, City, MO CA Nashville, Los Angeles, CA TN NewKY York, NY Louisville, Oakland, CA b Milwaukee, WI (2)
Oklahoma City, OK a Orange County, CA Minneapolis, MN Orlando, FL Palo Alto, CA Monterey, CA Otay Mesa, CAParsippany, NJ Nashville, TN Palo Alto, CA Phoenix, AZ New York, NYParsippany, NJPleasanton, CA Oakland, CA Phoenix, AZ Raleigh, NC Pleasanton, CARochelle Park, NJ Oklahoma City, OK a Raleigh, NC Rochester Hills, MI Orange County, CA NJ Orlando, FL Rochelle Park, Sacramento, CA Rochester Hills, MI a Otay Mesa, CA Salinas, CA
Sacramento, CA Salinas, CA San Antonio, TX a San Antonio, TX a SanCA Diego, San Diego, (2) CA (2) San Francisco, CA San Francisco, CA San San Jose, CAJose, CA SanCA Rafael, CA San Rafael, Santa Cruz, CARosa, CA Santa aSanta Rosa, CA Somerset, NJ Somerset, NJ Springfield, IL a Springfield, IL a St. Louis, MO (3)
St. Louis, MO (3) Tampa, FL Tampa,TX FLa Tenaha, Tenaha, TX a VA Tysons Corner, TysonsCreek, Corner, Walnut CA VA Walnut Creek, Washington, DC CA
Washington, DC aa Limited Limited service locations service locations b service at 1 of b Limited Limited service at2 locations 1 of 2 locations
Market Research Corporate Services Sustainability Services Investor Services
Market Space Leasing & Subleasing Owner-Occupier Sales Investment Sales
Finance & Structure Capital Markets • Debt & Equity Financing • Sales & Acquisitions
Office | Industrial | Retail | Land | Multi-family
Page 2
3.
CirclePoint
Cassidy Turley Overview
one & two
WE ARE A HIGHLY ENERGIZED LEASING TEAM
Bill Lucas
Stockton Baker
Brian Hutt
27 Years Experience
27 Years Experience
4 Years Experience
•
Team Leader
•
Secondary Contact
•
Secondary Contact
•
Primary Contact
•
Tenant Prospecting
•
Tenant Prospecting
•
Strategic Leasing Approach
•
Marketing Strategy
•
Proposal Generation
•
Market Information Source
•
Creative Promotions
•
Broker Awareness
•
Tours
•
Tours
•
Activity Reporting
•
Proposal Generation
•
Proposal Generation
•
Lease-up Activity
•
Lease Negotiation
•
Broker Awareness
•
Activity Reporting
•
Networking
•
Activity Reporting
•
Strategy Implementation
•
Broker Awareness
•
•
Activity Reporting
Civic/Economic Development Contacts
•
Civic/Economic Development Contacts
Senior Vice President
Senior Vice President
OWNERSHIP MENTALITY
CREDIBLE PARTNERSHIP
Broker Associate
Team
CREATIVE HORSEPOWER
Bill Stockton Brian
NO CONFLICTS
TEAM ASSETS • Well respected in the brokerage community with many long-term brokerage relationships • Outstanding marketing and design team comprised of seasoned, award-winning personnel with a fresh outlook • Proven marketing campaigns and marketing collateral that get buildings leased and transactions closed
DID YOU KNOW?
DIFFERENT PERSPECTIVES
Bill was on the University of Colorado ski team. Stockton survived a helicopter crash. Brian played basketball for 4 years at The College of William and Mary.
Page 3
3.
CirclePoint one & two
Cassidy Turley Overview
Northwest Denver Listing Experience Water Street Building 2595 Canyon Blvd Boulder, Colorado 71,882 SF Westmoor Buildings 8 & 9 11300 & 11400 Westmoor Circle Westminster, Colorado 266,704 SF Church Ranch Blvd Bldg 2 & 4 10170 Church Ranch Way Westminster, Colorado 184,738 SF Silo Building 9035 Wadsworth Parkway Westminster, Colorado 60,736 SF
Current Northwest Market Listings Gaiam & Real Goods Solar 833 West South Boulder Road Louisville, Colorado Sublease: 15,000 SF
High-Profile Listing Experience Republic Plaza Owner: Brookfield Properties 1.25 million SF
Client: Building: Size:
17th Street Plaza Owner: JP Morgan 660,000 SF 1125 17th Street Owner: MetLife 480,000 SF US Bank Tower Owner: JLL & DLJ 499,000 SF Denver Centerpoint I Owner: Unico Properties 170,000 SF Governor’s Center II Owner: Colorado State Land Board 118,384 SF
Bottom Line
Bottom Line
We know the Northwest submarket.
We maximize service and value in high profile projects like CirclePoint I & II.
We have NO CONFLICTS OF INTERESTS.
Northwest Client Experience
We have an ownership mentality.
TekSystems Circlepoint I Westminster, Colorado 8,834 SF
Client: Sybase Building: 3665 Discovery Drive Boulder, Colorado Size: 35,000
Client: Aerotek Building: TBD Northwest Market, Colorado Size: 5,000 SF
Client: SunMicrosystems Building: Sun Microsystem Campus (Oracle) Size: 1,269,336 SF
Bottom Line
We know the competition and where the tenants are located.
Page 4
3.
CirclePoint
Property Management
one & two
Property Management Statistics Healthcare 3%
Retail 13%
Office 29%
Industrial 55%
• 136 million SF transitioned into the Cassidy Turley platform since 2010 • 3,100 leases abstracted or audited in 2011
Sample Client Transitions Since 2010
400 million SF managed portfolio on behalf of corporate, institutional and private clients Property Management Professionals PM MT CA AP
592 597 152 41
41 152 Client Accounting
Ancillary Personnel (concierge, etc.)
592 597
Maintenance Technicians
Property Management
Successful Partnerships
Transitions and Quality Control
RSF
Industrial
12,991,067
Industrial
12,028,993
Office / Industrial
8,849,544
Office
3,522,636
Office / Industrial / Retail
3,036,006
Office / Industrial
3,005,791
Sustainability by the Numbers •
100+ LEED Accredited Professionals
•
69 LEED Projects; 17 million SF
•
104 ENERGY STAR Buildings; 25.6 million SF
PM MT CA AP
Client Accounting
Properties, Ltd.
• 152 Client Accounting Associates •
Kingsley Associates Tenant Satisfaction Assessment Tenant survey results speak louder than words 2012 Results Denver Cassidy Turley
5 Accounting Systems - Yardi - MRI - Skyline - CTI - Timberline
• 5 years with an unqualified opinion - Annual
Service Organization Control (SOC 1) Report
Monthly Statistics
Kingsley Index 13,500
Rent Statements
30,500 Invoices
24,700
Checks Cut
Page 5
3.
CirclePoint one & two
CirclePoint Property Analysis Key Selling Points Architecture, Design, Construction and Location • The dramatic geometry of CirclePoint creates a distinctive office tower which is among the preeminent office properties in the Northwest submarket • Spectacular window line • 3 minute access from US 36 and Church Ranch • Central location between Boulder and Denver • RTD capital transit improvements: Bus Rapid Transit (BRT) adjacent to CirclePoint I & II • 14’ First floor and 12’ upper floor slab-to-slab ceiling heights • Outstanding mountain views • Highly efficient and flexible 30,000 SF floorplates; ideal for meeting the density and technological needs of today’s tenant • Energy Star • Showers and Lockers • Located few minutes from hotels (Westin, Double Tree, La Quinta, Spring Hill)
Management, Efficiency & Environmental Sensitivity • Parking: 4.7 : 1,000 parking ratio • Excellent on-site management • High speed fiber connectivity (Comast, CenturyLink and Level 3) Page 6
3.
CirclePoint one & two
CirclePoint Property Analysis
CHALLENGES
STRENGTHS
1. Stand-alone buildings – must drive to retail amenities
1.
Ownership
2.
“Outerlocken”; not located in Interlocken
2. Lobby of CirclePoint I is dated
3.
Views
3. Only office product on the north side of US 36
4.
Iconic buildings with strong design on US 36
4. Lack of adjacent development
5.
Showers and lockers
5. No covered parking
6.
Ceiling height and window line
7.
More competitive operating expenses and taxes
8.
Large floor plan
9.
Proximity to Westminster Promenade and The Shops at Walnut Creek
10. Easy and close access to entertainment venues (1st Bank Event Center, Westminster Promenade) 11. Airports Regional: Rocky Mountain Regional Airport 5 minutes International: Denver International Airport 30 minutes
Page 7
3.
CirclePoint one & two
Metro Denver Analysis
Market Demand • Interlocken, Church Ranch, Westmoor, “Outerlocken” and 120th Avenue Corridor are the first prospecting markets • Denver, CBD, Mid-town, Denver West, Golden and Boulder are the secondary prospecting markets • Best prospects by industry will include financial services, business services, technology, telecommunications and healthcare Metro Denver 2015 Tenant Targets with Expiring Leases 160 140
143
US Office Market Asking Rents
120
Q1 2013
YOY Growth
Q1 2013
YOY Growth
New York, NY
$61.71
11.03%
Salt Lake City, UT
$19.50
10.85%
Kansas City, MO
$18.05
0.95%
Chicago, IL
$24.81
-1.20%
Louisville, KY
$16.75
0.84%
Atlanta, GA
$18.70
San Jose-Silicon Valley, CA
$29.21
-1.22%
10.25%
Sacramento, CA
$19.92
0.61%
Buffalo-Niagara Falls, NY
$16.54
Austin-Round Rock, TX
-1.23%
$26.16
6.60%
Washington DC
$49.67
0.57%
Omaha, NE-IA
$16.72
-1.32%
Denver, CO
$21.13
6.23%
Philadelphia, PA
$23.29
0.46%
Tucson, AZ
$18.89
-1.38%
Houston, TX
$25.10
5.60%
New Orleans-Metairie-Kenner, LA
$15.03
0.40%
Oklahoma City, OK
$13.04
-1.59%
Westminster-Broomfield-Louisville, CO
$20.16
5.33%
San Antonio, TX
$19.59
0.32%
Long Island, NY
$25.67
-1.69%
Los Angeles, CA
$30.25
4.71%
Greenville, SC
$15.63
0.28%
Central New Jersey
$23.23
-2.44%
Dallas, TX
$20.08
4.69%
Rochester, NY
$13.91
0.20%
Cincinnati, OH
$18.02
-2.44%
Nashville, TN
$20.09
4.31%
Jacksonville, FL
$17.09
0.13%
Tampa-St. Petersburg-Clearwater, FL
$19.62
-2.68%
San Mateo County, CA
$40.44
3.37%
Suburban VA
$31.26
0.10%
Cleveland-Elyria-Mentor, OH
$17.51
-2.77%
Seattle-Tacoma-Bellevue, WA
$27.25
2.95%
Anaheim-Santa A, CA
$21.81
0.05%
Dayton, OH
$14.06
-2.77%
Oakland-East Bay, CA
$20.74
2.78%
Memphis, TN-MS-AR
$18.86
-0.02%
Raleigh, NC
$19.30
-2.97%
Colorado Springs, CO
$16.72
2.50%
Albuquerque, NM
$15.28
-0.18%
Orlando, FL
$19.07
-3.23%
Columbia, SC
$15.87
2.32%
Indianapolis, IN
$18.03
-0.33%
Fairfield, CT
$32.89
-3.66%
Columbus, OH
$18.77
2.29%
Wichita, KS
$11.87
-0.34%
Milwaukee, WI
$17.58
-3.83%
San Diego, CA
$27.24
2.25%
Miami-Dade, FL
$27.19
-0.45%
Knoxville, TN
$15.13
-4.72%
Portland-Vancouver-Beaverton, OR-WA
$20.90
2.20%
Hartford-West Hartford-East Hartford, CT
$18.97
-0.50%
Phoenix, AZ
$19.83
-4.80%
San Francisco, CA
$45.46
2.09%
Saint Louis, MO
$18.78
-0.53%
Minneapolis, MN
$23.45
-4.83%
Tulsa, OK
$15.97
1.78%
Greensboro-Winston-Salem, NC
$15.23
-0.75%
Las Vegas-Paradise, NV
$19.54
-6.40%
Little Rock-N. Little Rock, AR
$15.32
1.78%
Birmingham-Hoover, AL
$17.74
-0.98%
Boston-Cambridge, MA
$28.15
-9.37%
Baltimore, MD
$22.28
1.36%
Ft. Lauderdale, FL
$23.81
-0.99%
Charleston-North Charleston, SC
$16.80
-9.92%
Lexington-Fayette, KY
$15.71
1.24%
Pittsburgh, PA
$19.25
-1.06%
Honolulu, HI
$25.90
-10.01%
Charlotte, NC
$20.64
1.13%
Madison, WI
$17.06
-1.10%
Detroit-Warren-Livonia, MI
$16.30
-10.47%
Chattanooga, TN-GA
$15.19
0.99%
Syracuse, NY
$15.46
-1.17%
Suburban MD
$16.18
-39.69%
100 80 60
48
40 14
20 0 25-50K
50-100K Square Feet
100K +
Metro Denver 2016 Tenant Targets with Expiring Leases 160
152
140 120 100 80 59
60 40
16
20 0 25-50K
50-100K Square Feet
100K +
Q1 2013
YOY Growth
Source: Cassidy Turley Research
Page 8
3.
CirclePoint
Competing Properties
one & two
CirclePoint’s Competition
Building Name
Owner
Building Square Footage
Listing Firm / Agents
Current Vacancy %
Major Tenants
CirclePoint I
Northridge
121,461
CBRE/ Phenicie/Ayers
49,925
41.10%
Booyah Networks, KeyBank
CirclePoint II
Northridge
151,412
CBRE/ Phenicie/Ayers
121,826
80.46%
TEKSystems
Eldorado Ridge I
Lowe Enterprises
110,000
CBRE / Phenicie/Ayers
22,738
20.67%
Alticast, Office Evolutions
Eldorado Ridge II
Lowe Enterprises
106,628
CBRE / Phenicie/Ayers
29,865
28.01%
RES Americas
Eldorado Ridge III
Lowe Enterprises
110,000
CBRE / Phenicie/Ayers
50,258
45.69%
OpenLogic, Inc
370 Interlocken
Legacy Partners
150,656
CBRE / Phenicie/Ayers
33,275
22.09%
MWH Americas, Inc
380 Interlocken
Franklin Street Properties
206,477
CBRE / Phenicie/Ayers
38,509
18.65%
MWH Americas, Inc, Vmware, OMNI Financial Services
385 Interlocken
Franklin Street Properties
297,682
CBRE / Phenicie/Ayers
137,446
46.17%
WebRoot, Sybase, Cloud Peak Energy
390 Interlocken
Franklin Street Properties
241,516
CBRE / Phenicie/Ayers
86,657
35.88%
Vail Resorts
EOS
Hines
186,231
CBRE / Phenicie/Ayers
186,231
100.00%
N/A
Church Ranch Building II
CW Capital Asset Management
63,057
CBRE / Phenicie/Ayers
21,292
33.77%
Westwood College
Church Ranch Building IV
CW Capital Asset Management
121,681
CBRE / Phenicie/Ayers
34,668
28.49%
PSA Security Network, Lafarge, Inc
Westmoor I
CBRE Investors
83,238
CBRE / Kelley/Harris
1,458
1.75%
Ball Aerospace and Technology
Westmoor II
CBRE Investors
83,238
CBRE / Kelley/Harris
0
0.00%
Ball Corporation, Datalogix
Westmoor III
CBRE Investors
97,922
CBRE / Kelley/Harris
2,788
2.85%
Reed Group
Westmoor IV
CBRE Investors
97,922
CBRE / Kelley/Harris
97,922
100.00%
N/A
Westmoor V
CBRE Investors
125,285
CBRE / Kelley/Harris
0
0.00%
Lender Processing Services
Westmoor VI
CBRE Investors
125,285
CBRE / Kelley/Harris
51,041
40.74%
Tandberg Data
Westmoor VII
Scottrade
204,387
Scottrade
20,746
10.15%
Scottrade
Westmoor VIII
Investcorp
133,352
CBRE / Kelley/Harris
25,079
18.81%
BT Conferencing, General Dynamics
Westmoor IX
Investcorp
133,352
CBRE / Kelley/Harris
0
0.00%
LGS Innovations
Westmoor X
Investcorp
161,325
CBRE / Kelley/Harris
11,367
7.05%
McKesson
5775 Flatiron Pky
Crown-West Realty
96,608
CBRE / Kelley/Harris
18,546
19.20%
CH2M Hill
575 Interlocken*
Granite Properties
180,000
CBRE / Kelley/Harris
180,000
100.00%
Proposed
363 Centennial
Opus
62,877
CBRE / Kelley/Harris
9,248
14.71%
AWR Corp
285 Century
Westcore Properties
69,145
CBRE / Kelley/Harris
3,083
4.46%
Plexus Corporation
1157 W Century Drive
BLC Properties
36,444
CBRE / Kelley/Harris
36,444
100.00%
N/A
Horizon Terrace
Global Pacific Properties
90,094
CBRE / Kelley/Harris
29,356
32.58%
Taylor Kohrs
12110 Pecos
Morrison Street Capital
55,605
CBRE / Kelley/Harris
9,928
17.85%
Verint Systems
12050 Pecos
Prime West Development
50,000
CBRE / Kelley/Harris
6,048
12.10%
GlobaLinks Learning
1499 W 121st Ave
Morrison Street Capital
58,033
CBRE / Kelley/Harris
29,553
50.92%
Education Sales Management
CirclePoint III*
Catellus Development
186,000
CBRE / Kelley/Harris
186,000
100.00%
Proposed
1,531,297
38.31%
Subtotal
3,996,913 Mountain View I
Westfield
114,908
Newmark / Caselton/Garel
51,304
44.65%
Audubon, Regus
Mountain View II
Westfield
94,582
Newmark / Caselton/Garel
0
0.00%
Time Warner Cable, Motorola, Cisco
Mountain View III
Westfield
114,908
Newmark / Caselton/Garel
8,013
6.97%
TransFirst
Mountain View IV
Westfield
137,040
Newmark / Caselton/Garel
0
0.00%
WhiteWave Foods
329 Interlocken
CountrySide Asset Management
42,467
Newmark / Caselton/Garel
42,467
100.00%
N/A
335 Interlocken Pky
CountrySide Asset Management
70,793
Newmark / Caselton/Garel
70,793
100.00%
N/A
172,577
30.03%
Subtotal
574,698 The Views I
Semaho, Inc
168,000
JLL / Misner/Heath
2,354
1.40%
Urban Lending Solutions
The Views II
Semaho, Inc
168,000
JLL / Misner/Heath
0
0.00%
Urban Lending Solutions, Zoll Data Management
Arista
Weins
111,564
JLL / Misner/Heath
0
0.00%
ReturnPath, Famous Brands, Craftworks
Arista 2*
Weins
105,288
JLL / Misner/Heath
105,288
100.00%
Proposed
Thornton Data Center
Morgan Reed Group
232,883
JLL / Misner/Heath
232,883
100.00%
N/A
Chase Bank Building
Chase Bank
38,892
JLL / Misner/Heath
12,026
30.92%
Chase Bank
Compass Bank Building
1660 Corporation
29,826
JLL / Misner/Heath
18,696
62.68%
Compass Bank
371,247
43.45%
Subtotal
Subtotal
Current Vacancy SF
854,453 Superior Point North
Countryside Asset Management
91,448
Cassidy Turley / Ball
7,741
8.46%
KeyBank
Superior Point South
Countryside Asset Management
62,751
Cassidy Turley / Ball
11,876
18.93%
SDL International, EchoStar
19,617
12.72%
154,199
Page 9
3.
CirclePoint one & two
Pricing Strategy and Proposed Commissions
Pricing • Northwest competing proposals will feature $13-$22 net start rents with a negotiable tenant improvement allowance that may range from paint and carpet ($6.00/SF) to a complete new buildout of space • Cassidy Turley recommends $.50 to $.75 annual increases (or 3.5%-4.5%) contingent upon term, tenant credit, size and deal cost
Schedule of Quoted Commissions COOPERATING BROKER
COMMISSION
Cassidy Turley New Deals and Expansions $1.00/SF per year up to $5.00 on a 5-year term Additionally, $.50/SF per year on years 6-10 None Cassidy Turley Renewals $.50/SF per year up to $2.50 on a 5-year term
• Lease terms of 5 to 10 years
Additionally, $.25/SF per year on years 6-10 Cassidy Turley $.50/SF per year up to $2.50/SF on a 5-year term Additionally, $.25/SF per year on years 6-10 Yes Cooperating Broker $1.00/SF per year up to $5.00 on a 5-year term Additionally, $.50/SF per year on years 6-10
Page 10
3.
CirclePoint one & two
Marketing Approach
Westminster’s Premier Office Park: Comprehensive 3-Pronged Marketing Approach
1 Tenants Neighborhood Prospects • • • •
Westminster, Broomfield, Boulder, Thornton and Denver In-person canvassing Cold calling Direct mail
3
2 Brokers Top 75 Open House
Phased Marketing • Invitation to open house on vacant floor • Postcards and email blasts
Civic
Economic Development • Metro Denver EDC • Metro Chamber • City of Westminster Economic Development Partnership • Governor Hickenlooper
Public Marketing • • • • •
DBJ/Denver Post On-site signage Neighborhood newsletters Billboards US 36 signage
Trade Associations • • • • •
Colorado Technology Association Aerospace Industry Association Colorado Oil and Gas Association Colorado Society of CPAs Colorado Bar Association
Page 11
3.
CirclePoint one & two
Marketing Approach
Broker Promotion Strategies
1
Top 75 Broker Direct Marketing ¡¡ CirclePoint floor party ¡¡ Top 75 brokers that will most likely bring deals ¡¡ Individual meetings with brokers that can’t attend
Brady Alshouse Ryan Arnold Greg Bante Steve Billigmeier JR Bitzer John Bitzer Andrew Blaustein Patrick Bolick Tim Bourdelais Matt Brower Lindsay Brown Bill Byrne Brad Calbert Tim Callahan Eric Carlbom Sergio Castaneda Jeff Castleton Scott Churchley Andy Cullen Richard Damm Matt Davidson Sam DePizzol Lee Diamond Bruce Dodge Rick Door Barry Dorfman Brendan Fisher Victor Frandsen Jamie Gard Scott Garel Ken Gooden Jim Greene Michael Gregory Alex Hammerstein Tim Harrington Ted Harris Lucas Hayes Duncan Heitman Paul Herzog Candis Hewitt Joe Hollister
Greg Holm Bruce Johnson David Johnson Nathan Johnson Frank Kelley Chad Kollar Tom Lee Tom Lepry Ralph Lidge Robert Link, Jr. Marc Lunde Bill Maher John Marold Dan McGowan Jim McGrath Brett Nathan Donald Oberndorf Thomas Pappas Nicholas Pavlakovich Scott Peterson Darrin Revious John Reynolds Ty Ritchie Todd Roebken Brad Rollins Mike Rooks Joe Sigdestad Joe Solarte Peter Staab Craig Strazza Gary Taylor Peter Thomas Richard Tinkham Jim Tyler Jim Wachholz David Welker Brian Wells Todd Wheeler Robert Whittelsey Jim Wonhof Peter Wycoff
rs
oke r B ver n e D 5 7 Top
Page 12
3.
CirclePoint 1. 1.
one & two
Marketing Approach | Collateral
2.
CirclePoint CirclePoint
CirclePoint
2.
ONE & TWO
one & two
CirclePoint one & two
ONE & TWO
Direct Tenant Prospecting: Mailers and Deliverables 1.
2.
CirclePoint
CirclePoint one & two
ONE & TWO
3.
CirclePoint
3.
one & two
CirclePoint one & two
3.
1. 1.
Guess where Westminster’s CirclePoint best Guess hot where spot is? one & two Westminster’s CirclePoint best hot spot is? one & two CirclePoint has direct access
2.
CirclePoint
2.
ONE & TWO
CirclePoint ONE & TWO
to US 36, is near abundant retail andCirclePoint has a parking hasratio directofaccess 1. 5 :to1,000. also liesabundant directly retail US 36,It is near between Boulder and ratio Denver. and has a parking of 5 : 1,000. It also lies directly between Boulder and Denver.
3.
CirclePoint
3.
one & two Westminster, Colorado
CirclePoint
Do you have views of this? 1.
CirclePoint one & two
2.
CirclePoint
2.
CirclePoint one & two
ONE & TWO
CirclePoint
CirclePoint one & two
ONE & TWO
Or this? Walk or Bike to Work?
Call to find out why CirclePoint is your best new Class A office building choice!
Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202
1.
Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202
2.
CirclePoint
one & two
ONE & TWO
3.
Westminster, Colorado
CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.
3.
CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, Incredible 30,000 floorplates in and an efficient layout a •movie theatre, severalRSF shopping malls much more. • Outstanding mountain views • Incredible Just 2 minutes fromRSF USfloorplates 36 and Church • 30,000 in an Ranch efficientBoulevard layout • Outstanding On-site property management • mountain views • Just Showers and lockers • 2 minutes from US 36 and Church Ranch Boulevard • On-site property management
CirclePoint
CirclePoint
Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202
one & two
one & two Westminster, Colorado
CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.
3.
• Showers and lockers • Incredible 30,000 RSF floorplates in an efficient layout Bill Lucas
Stockton Baker
Brian Hutt
bill.lucas@cassidyturley.com
stockton.baker@cassidyturley.com
brian.hutt@cassidyturley.com
Sr. Vice President Sr. Vice President FOR MORE INFORMATION, PLEASE303.312.4280 CONTACT 303.312.4239
CirclePoint
• Outstanding mountain views
FOR MORE INFORMATION, PLEASE CONTACT
Broker Associate 303.312.4276
Bill Lucas
Stockton Baker
Brian Hutt
bill.lucas@cassidyturley.com
stockton.baker@cassidyturley.com
brian.hutt@cassidyturley.com
You can do either at CirclePoint with 85 miles CirclePoint of bike trails connecting one & two riders from Denver to Boulder, Arvada to Thornton. The building lockers and showers make the commute easy and enjoyable.
Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202
one & two Westminster, Colorado
• Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management • Showers and lockers
CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.
Sr. Vice President Sr. Vice The statements contained herein, while not guaranteed, are President from sources we believe reliable. Price,Broker terms andAssociate information subject to change. 303.312.4239 303.312.4280 303.312.4276
• Incredible 30,000 RSF floorplates in an efficient layout
The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.
FOR MORE INFORMATION, PLEASE CONTACT
Bill Lucas
Stockton Baker
Brian Hutt
bill.lucas@cassidyturley.com
stockton.baker@cassidyturley.com
brian.hutt@cassidyturley.com
Sr. Vice President 303.312.4239
Sr. Vice President 303.312.4280
Broker Associate 303.312.4276
• Outstanding mountain views • Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management • Showers and lockers
The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.
Page 13 FOR MORE INFORMATION, PLEASE CONTACT
Bill Lucas
Sr. Vice President
Stockton Baker Sr. Vice President
Brian Hutt
Broker Associate
3.
CirclePoint one & two
Marketing Approach | Collateral
1.
2.
CirclePoint
CirclePoi one & two
ONE & TWO
Direct Tenant Prospecting
A Bold Re-Entry into the Market
1.
Property Brochures
2.
CirclePoint
CirclePoint one & two
Postcard Campaign ONE & TWO
Email Blasts
The Lucas-Baker-Hutt Team strongly recommends a bold re-entry back into the Northwest leasing submarket via a property re-brand and a saturation campaign.
3.
CirclePoint one & two
1.
2.
CirclePoint 2.
1.
CirclePoint Guess where one & two
ONE & TWO
CirclePoint
CirclePoint one & two
ONE & TWO
Westminster’s best hot spot is?
Some possible logo concepts and color palettes:
CirclePoint has direct access to US 36, is near abundant retail and has a parking ratio of 5 : 1,000. It also lies directly between Boulder and Denver.
3. 3.
one &
CirclePoint
Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 two Denver, CO 80202
one & two Westminster, Colorado
Guess where Westminster ’s best hot spot is?
CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more. 1. 2.
CirclePoint
CirclePoint
• Incredible 30,000 RSF floorplates in an efficient layout ONE & TWO
one & two
• Outstanding mountain views
access CirclePoint has direct nt retail to US 36, is near abunda of and has a parking ratio directly 5 : 1,000. It also lies Denver. between Boulder and
• Just 2 minutes from US 36 and Church Ranch Boulevard • Showers and lockers
FOR MORE INFORMATION, PLEASE CONTACT
Bill Lucas
Stockton Baker
Stockton Baker
Bill Lucas
Sr. Vice President 303.312.4239
Sr. Vice President 303.312.4280
ey.com
william.lucas@cassidyturl
rley.com stockton.baker@cassidytu
ONE & TWO
bill.lucas@cassidyturley.com
Brian Hutt
Broker Associate 303.312.4276
one & two
2.
Brian Hutt
3. CirclePoint
Sr. Vice President 303.312.4239
CirclePoint
Or this?
Call to find out why CirclePoint is your best new Class A office building choice!
• On-site property management
1.
TION, PLEASE CONTACT FOR MORE INFORMA
3.
Do you have views of this?
CirclePoint
CirclePoint
Sr. Vice President 303.312.4280
stockton.baker@cassidyturley.com
Broker Associate Turley Colorado 303.312.4276 one &Cassidy two
1515 Arapahoe Street, Suite 1200 brian.hutt@cassidyturley.com
Denver, CO 80202
CirclePoint
The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.
one & two Westminster, Colorado
com
brian.hutt@cassidyturley.
CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.
1.
2.
• Incredible 30,000 RSF floorplates in an efficient layout
CirclePoint • Outstanding mountain views ONE & TWO
3.
Walk or Bike to Work? You can do either at CirclePoint with 85 miles
CirclePoint of bike trails connecting one & two
• Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management
• Showers and lockers CirclePoint one & two
riders from Denver to Boulder, Arvada to Thornton. The building lockers and showers make the commute easy and enjoyable.
FOR MORE INFORMATION, PLEASE CONTACT
Bill Lucas
3.
1. ONE & TWO
Virtual Tour
Brian Hutt
Sr. Vice President 303.312.4280
Broker Associate 303.312.4276
bill.lucas@cassidyturley.com
stockton.baker@cassidyturley.com
brian.hutt@cassidyturley.com
1.
CirclePoint
2.
CirclePoint
Stockton Baker
Sr. Vice President 303.312.4239
Cassidy Turley Colorado 1515 Street, 1200 The statements contained herein, while not guaranteed, areArapahoe from sources we Suite believe reliable. Price, terms and information subject to change. Denver, CO 80202
one & two
2.
Westminster, Colorado
CirclePoint one & two
CirclePoint
CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.
Placemats
• Incredible 30,000 RSF floorplates in an efficient layout • Outstanding mountain views
ONE & TWO
• Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management • Showers and lockers
201 Saint Paul Street FOR MORE INFORMATION, PLEASE CONTACT
Bill Lucas
Sr. Vice President
Stockton Baker Sr. Vice President
CHERRY CREEK 303.312.4239 NORTH AT YOUR DOORSTEP 303.312.4280 bill.lucas@cassidyturley.com
stockton.baker@cassidyturley.com
Cherry Creek North
CirclePoi one & two
201
215
Brian Hutt
Broker Associate 303.312.4276
SUPERIOR QUALITY & FUNCTIONALITY
brian.hutt@cassidyturley.com
The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.
3.
CirclePoint
T ELEV LOBBY
one & two
W
E
M
19,596 RSF
1.
2.
EXCEPTIONAL ON-SITE SERVICES
EXTRAORDINARY VIEWS
0
10
20 FT
TYPICAL SINGLE-TENANT LAYOUT
MAY 25, 2011 #11780
© 2011 HKS INC.
CirclePoint
CirclePoint one & two
ONE & TWO
3.
CirclePoint one & two
Page 14
3.
CirclePoint one & two
Why Partner with Cassidy Turley?
GOAL: Elevate CirclePoint I & II Above the Competition OBJECTIVES
Sell Challenges as Strengths
88,134 SF at $15.00+/SF Net
Achieve Favorable Deal Terms
ACTIONS • Sell unequaled benefits of CirclePoint’s location • On-site property management • Dual prospecting by geography and industry provides optimal chance of leasing success
• No conflicts of interest with competing listings or with developer commitments ... we think like owners! • Two veterans assures credibility, experience and necessary senior broker relationships
Multi-Generational Team Sees All Angles
• One very bright and energetic junior broker from Wheat Ridge, ready to connect with young decision makers and hit the streets • Our current listing base promises that we have up-to-the-minute leasing knowledge in multiple submarkets • Northridge Capital is a trusted and well respected owner • We have the necessary civic and economic development relationships to get an audience to win deals
Credible Partnership
• Our cooperating broker relationships are second-to-none • We see deals because other brokers like, respect and trust us
Page 15
3.
3.
CirclePoint one & two
CirclePoint one & two