Prepared For
Joseph D. Akers, Director CIII Asset Management April 17, 2014
Prepared By
Doug Wulf Dan Miller Robert Knisely Steve Schwab
WE LEASE BIG BLOCKS SOUTHEAST Leasing Proposal 5500 South Quebec Street / Greenwood Village, Colorado
Exclusive Advisors
TABLE OF CONTENTS
Doug Wulf 303.312.4218 doug.wulf@cassidyturley.com
bUILDING sTRENGTHS & WEAKNESSES
1
crossing the finish line/TEAM
2
past and current dtc listing successes
3
current & potential large upcoming
4
Dan Miller 303.312.4272 dan.miller@cassidyturley.com Robert Knisely 303.312.4235 robert.knisely@cassidyturley.com Steve Schwab 303.296.1646 sschwab@equitywest.net
vacancies/development sites second generation, large upcoming vacancies
5
sizeable vacancies in greenwood plaza
6
plan to beat the competition
7
building a mutually beneficial relationship
8
diminishing large blocks
9
WHO IS CASSIDY TURLEY
10
5500 South Quebec Property Analysis
STRENGTHS • Size. 5500 S. Quebec will be the largest single building lease opportunity in all of Southeast Denver • Location. Superior access to Landmark Retail and Orchard Light Rail
Marketing challenges • Parking. Some large block competitors offer parking ratios of 4.5:1000 to 6:1000. The current ratio at the building is 3.3 : 1,000 is deficient
• Views. Outstanding unobstructed mountain views
• Common Areas. Large common areas and stairwells must be reconfigured more efficiently for today’s user
• Iconic Architectural Design. Unique shape of building with skylights and dramatic atrium is contemporary and compelling
• Building Age. Some competing large block vacancies are in buildings 10-20 years newer than 5500 S. Quebec
• Parking. Very high ratio of covered parking - better than most all other large block competition
• Quebec St. Quebec is seen by Tenants as a highly congested street
• Floorplate Size. Highly-efficient and sizeable flooplates, providing more glassline and layout possibilities
• Tenant Finish. The cost to reconfigure and finish the premises for a new Tenant could be quite substantial
• On-site Amenities. Self-contained building amenities including cafeteria and athletic facility with showers and lockers
Page 5
Pricing Strategy and Proposed Commissions Pricing • 5500 S. Quebec proposals will feature $13.00 to $14.00 NNN starting rates • Cassidy Turley recommends annual rent increase of $.50 to $1.00 contingent upon term, tenant credit, size and lease cost
Schedule of Quoted Commissions COOPERATING BROKER
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 Additionally, $.25/SF per year on years 6-10
• Lease terms of 5 to 15 years • Tenant Improvements will be negotiable based on term, tenant credit and size, but are anticipated to fall into a wide range between $25.00 - $50.00/SF
commission
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 Cooperating Broker
Yes
$1.00/SF per year up to $5.00 on a 5-year term Additionally, $.50/SF per year on years 6-10 * Deals should be looked at on a case-by-case approach where it might be beneficial to further incentivize a cooperating broker with an additional fee or bonus Page 6
2012-2103 Metro-Wide Completed Leases
• Completed 115 deals in Southeast Denver since the beginning of 2012, totaling 1,183,457 RSF • Completed 78 deals in Greenwood Plaza since the beginning of 2012 totaling 519,772 RSF • Have negotiated some of Southeast Denver’s largest lease transactions during the past several years including:
600,000
Volume (Thousands SF)
• 2 Million RSF leased since the beginning of 2012
Southeast Completed Leases 2013 (YTD)
Volum me (Square Footage))
Doug, Dan and Robert have worked together as a team for the past twelve years to deliver superior results for their clients:
Southeast Completed Leases 2013 - 2014 (YTD)
500,000 , 400,000 300,000 200,000 100,000 0 CB Richard Ellis
Cassidy Turley
Colliers
JLL
Newmark Cush & Wake Transwestern Knight Frank
Source: Xceligent
DirecTV: 256,000 SF Merrick Engineering: 104,000 SF Rio Tinto: 101,000 SF Sierra Nevada: 86,000 SF W.J. Bradley: 83,200 SF Recondo Technology: 51,000 SF Verio: 39,000 SF
Page 7
North DTC Market Potential Competition Overview Denver Corp Ctr II & III 7800 East Union 185,000 RSF 7900 East Union 100,000 RSF Potentially Available August 2015
Invesco Campus 269,000 RSF Potentially 100% Available October 2016
CoBank Center 5500 South Quebec Englewood, CO 80111 200,000 RSF Potentially Available late 2015
URS Center 8181 East Tufts Denver, CO 80237 125,000 RSF Potentially Available August 2015
5775 DTC 5775 DTC Boulevard Greenwood Village, CO 80111 125,000 RSF Available Immediately
I NTERSTATE
25
Quebec Court I 5700 South Quebec Englewood, CO 80111 130,000 RSF Available October 2015
Palazzo Verdi-Newmont Mining 6363 S Fiddlers Green Greenwood Village, CO 80111 100,000 RSF Sublease Potentially Available Late 2013 Millenium Plaza 6200 South Quebec Street Greenwood Village, CO 80111 330,000 RSF Potentially Available November 2014
Cararra Place 6200 South Syracuse Englewood, CO 80111 60,000 RSF Potentially Available August 2014
Cricket Communications Sublease 6380 S. Fiddlers Green Circle Greenwood Village, CO 80111 129,455 RSF Available in 90 Days
Page 8
South DTC Market Potential Competition Overview Former Buchtel Building 7229 South Alton Way Englewood, CO 80112 80,000 RSF Available Immediately
Charles Schwab Campus 9401 & 9601 East Panorama Englewood, CO 80112 270,000 RSF Available July 2014
Travelport 6901 South Havana Street Englewood, CO 80112 129,000 RSF Potentially Available August 2014
Shaw Building 9201 East Dry Creek Centennial, CO 80112 128,000 RSF Potentially Available September 2015
9100 East Mineral Circle 9100 East Mineral Englewood, CO 80111 160,000 RSF Available Immediately I N T E R S TAT E
25
Archstone Sublease 9200 E. Panorama Circle #400 Englewood, CO 80112 82,000 RSF Available Immediately
Charles Schwab 327 Inverness Englewood, CO 80111 110,000 RSF Available July 2014
Page 9
Meridian Market Potential Competition Overview
I N T ER S TAT E
25
lvd.
ian B d i r e M
Lincoln Ave. One Lincoln Station 9380 Station Street Lone Tree, CO 80124 143,000 RSF Available February 2014
Gateway Plaza at Meridian 9800 S Meridian Englewood, CO 80112 121,121 RSF Available Summer 2014
Page 10
Competitive Set Relevance Based on Building Class, Proximity to 5500 S. Quebec, Floorplate Size
Competitive Set: 30k - 40k Vacancies
4340 S. Monaco
4350 S. Monaco
5700 S. Quebec
6200 S. Qubec
6901 S. Havana
Invesco (Rivet Software & Square Two Financial Corp.)
Invesco (MDC)
TW Telecom
First Data
Travel Port
Lease Expiration
October 2016
October 2016
June 2015
November 2014
August 2015
Potential Available RSF
118,617 RSF
144,263 RSF
134,680 RSF
330,033 RSF
138,000 RSF
Rental Rate
$18.00 NNN
$18.00 NNN
$13.00 NNN
$8.00-10.00/ SF NNN
$12.00/SF NNN
Office Park
DTC
DTC
Greenwood Village
Greenwood Village
Arapahoe/Inverness
A
A
B
B
B
Floor Plate Size
29,654 RSF
24,043 RSF
44,894 RSF
66,006 RSF
69,000 SF
Parking Ratio
4.0 : 1,000
4.0 : 1,000
4.50 : 1,000
3.51 : 1,000
8.00 : 1,000
Invesco Sublease that expires in October 2016. MDC is the sublessor with two sub-sublessors
MDC is subleasing through the end of the term and is working on a direct renewal
Building Anchor Tenant
Building Class
Comments
Building will be competitive as it is in use proximit to 5500 Quebec with large 45,000 SF Floorplans and a stronger parking ratio
Long intense atriums makes for challenging layouts
Secondary location and dated building, good parking ratio
Page 11
Competitive Set Relevance Based on Building Class, Proximity to 5500 S. Quebec, Floorplate Size
Competitive Set: 30k - 40k Vacancies
9100 E. Mineral
9200 E. Panarama Cir
9380 E. Station St.
9401 E. Panarama Cir.
9601 E. Panarama Cir
Vacant
Archstone Sublease
Vacant
Charles Schwab
Charles Schwab
N/A
February 2017
Vacant
July 2014
November 2014
160,169 RSF
82,000 RSF
143,321 RSF
144,095 RSF
136,850 RSF
Rental Rate
$15.00-$16.00/SF/NNN
$16.00-$17.00/SF/NNN
$18.00-$19.50/SF/NNN
$18.00-$19.00/SF/NNN
$18.00-$19.00/SF/NNN
Office Park
Panorama
Panorama
Lone Tree
Panorama
Panorama
A
A
A
A
A
Floor Plate Size
40,000 RSF
34,965 RSF
24,500 RSF
35,000 RSF
35,900 SF
Parking Ratio
4.55 : 1,000
4.60 : 1,000
3.00 : 1,000
4.40 : 1,000
4.60 : 1,000
Good Single tenant building with large but curved floor plates
Lease out for single firm on this space it’s Travel Port
Great new construction opportunity. Great light rail and amenity access
Excellent large block option with highway signage available
Excellent large block option with highway signage available
Building Anchor Tenant Lease Expiration Potential Available RSF
Building Class
Comments
Page 12
Past and Current DTC Listing Successes Belleview Corporate Plaza I 90,000 RSF
Plaza 7000 72,660 RSF
Offices at Promenade 128,383 RSF
Stanford Place 1 273,000 RSF
Creekside 43,000 RSF
Current Listings Past Listings
Metropoint 1 270,000 RSF 5 DTC 55,000 RSF Crescent VII 135,044 RSF Denver Corporate Center I 195,000 RSF
Legacy Tower 224,015 RSF
Prentice Plaza 161,313 RSF
Edward Building 183,195 RSF
Terrace Tower 242,610 RSF
5750 DTC 30,256 RSF
Orchard Pointe 118,000 RSF
5775 DTC 125,000 RSF
Orchard Plaza 29,132 RSF
Atrium III 160,000 RSF
Page 13
Past and Current Greenwood Village Listing Successes 5500 S. Quebec 204,884 RSF
Current Listings Orchard Place A 67,034 RSF
Orchard Falls 142,221 RSF
Past Listings
Peakview Ave.
Greenwood Corporate Plaza Building 1: 103,318 RSF Building 2: 102,247 RSF Building 3: 102,206 RSF Building 4: 103,371 RSF Building 5: 102,696 RSF Building 6: 104,366 RSF
Greenwood Plaza Blvd.
Syra
cuse
Way
Qu
eb
ec
St
.
Orchard Place B 39,428 RSF
Plaza 25 Building 1: 49,314 RSF Building 2: 50,150 RSF Building 3: 97,174 RSF
I NTE RS TATE
eS
mit
e Yos
25
t.
E. Arapahoe Rd. Page 14
Plan to Beat the Competition STRATEGIC LEASING COMPONENTS Capitalize on Opportunities Active Tenants • Tracking list available to ownership • Foot prospecting catches movement in the market • No competing vacancies in our portfolio • Open information sharing among team and ownership ensures optimal market knowledge
Broker Awareness Reputation for Making Deals Less Complicated • Quick responses to tenant requests and RFPs • Enthusiasm for the assets we lease • True advocates for ownership • 4-Person team makes us available for all showings • Effectively manage different negotiation styles
Strategized Approach Proactive Marketing • Brand buildings/logo • Tech-savvy marketing tools catch the attention of tenants • HDR photography will quickly become industry standard • Premier CoStar listing status • Promotional materials serve as a reminder to brokers • Gift cards to Landmark shops after showings • Direct mail to affluent neighborhoods close-by
• Motivate brokers through incentives when necessary
Sell Strengths • Large block of space in one building • True Light Rail and retail amenity story • Undercut other more expensive large block rates • Large floorplate is among the best in Southeast Denver
• Adding Steve Schwab of Equity West to the listing team ensures highly competent and technically correct responses to Tenant prospects
Vacant Space Design • Hire architect to show exterior and interior redesign options for building
Page 15
Building a Mutually Beneficial Relationship GOAL: Elevate 5500 S. Quebec Asset Above the Competition OBJECTIVES
ACTIONS
Lease-up building to large tenant with minimal downtime Sell ownership as a deal maker
Four-person team provides optimal idea generation and information sharing. The upcoming vacancy will be addressed from three different angles: 1. Sell modifications to Building-both inside and out. 2. Hypothetical space planning to suit tenant demands. Show extraordinary building efficiences. 3. Proactive marketing – we know how to sell Greenwood Village.
Uphold financial capacity to transact Achieve favorable deal terms Capture metro wide geographic tenant interest
Cassidy Turley’s co-op broker relationships are second to none. When we endorse an asset, co-op brokers know that they will be treated fairly and proactively. No true conflicts of interest with competing properties. We think like owners!
• Bi-weekly activity calls with ownership. • Foot and phone prospecting. • Our current listing base ensures that we have up-to-the-minute leasing knowledge in multiple submarkets.
Proactive marketing
Our inventory is low and we have the time to put a major marketing push on this important and time-critical asset.
Page 16
Diminishing Large Blocks SOUTHEAST SUBURBAN OFFICE PROPERTIES METRO DENVER OFFICE PROPERTIES Large Block Availabilities Large Block Availabilities
60
• 7 Blocks built before 1976
51 Spaces
50
• 15 Blocks built before 1980
# of Sp paces
40
• 16 Blocks built before 1987
30
• 6 Blocks built between 1989-1999
20
17 Spaces 10 Spaces
10
• Only 7 blocks are year 2000 or newer
0 Over 50,000 SF
Square Fo ootage (Millionss)
45
Over 100,000 SF
SOUTHEAST SUBURBAN OFFICE PROPERTIES SOUTHEAST SUBURBAN OFFICE PROPERTIES Age and Vacancy
DENVER METRO OFFICE PROPERTIES DENVERAge METRO OFFICE PROPERTIES and Vacancy 180
45 M
160
40 35 30 24 M
25 20 15 10 5
12.3%
0 All Buildings (100%)
3.4 M
9.6 M
7.6 M
19 8% 19.8%
20.7%
1976 or Older (8%)
1980 or Older (17%)
10.8 M
Rentable Square Footage
9 6% 9.6%
6 2% 6.2%
1988-1999 (21%)
2000 or Newer (24%)
Vacant SF
160 M
140 120
108 M
100 80 58 M
60 40 M
40 20
16.1% 1987 or Older (54%)
Square Foootage (Millionss)
50
75,000 - 100,000 SF
12.1% 11.5%
12.5%
1976 or Older (25%)
1980 or Older (36%)
13.4%
0 All Buildings (100%)
1987 or Older (67%)
Rentable Square Footage
21 M
30 M
10.1%
8.7%
1988-1999 (13%)
2000 or Newer (19%)
Vacant SF Page 17
5500 South Qubec Floor Plans First Floor
Second Floor
Third Floor
Parking
Page 18
Renderings of Potential Repositioning of 5500 South Quebec CoBank Building
CoBank Cafe
CoBank Front Entry
CoBank Lobby
CoBank Reception
Page 19
Cassidy Turley Overview
National Coverage. Local Expertise. Sixty offices. Thousands of professionals who know their market. Inside and out. Creating more value for their clients every day.
Cassidy Turley - Growth
WEST Northern California Burlingame Pleasanton San Rafael Capitola Sacramento Santa Rosa Monterey Salinas Walnut Creek Oakland San Francisco Palo Alto San Jose Southern California San Diego Carlsbad Los Angeles Colorado Denver
Denver Tech Fort Collins
Orange County
EAST MIDWEST Cincinnati, OH Dayton, OH Kansas City, MO Nashville, TN Milwaukee, WI
Columbus, OH Indianapolis, IN Louisville, KY St. Louis, MO Minneapolis, MN
Fort Collins
Arizona Phoenix
Baltimore, MD Bethesda, MD Boston, MA Charlotte, NC Columbia, MD New York, NY Parsippany, NJ Raleigh, NC Rochelle Park, NJ Somerset, NJ Tysons Corner, VA Washington, DC
Quick Facts
Our Core Values
• 60 U.S. offices
Exceptional Results for Our Clients
• $22
for 2012 • 400
SOUTH Atlanta, GA Dallas, TX Houston, TX Tampa, FL
billion in transaction volume completed million SF managed portfolio on behalf
of corporate, institutional and private clients
We do whatever it takes, wherever it takes us.
Dedication to Our Communities We don’t just work in our communities, we belong to them.
Growth for Our Company We grow to get better, not just bigger.
• 3,800 associates, including more than 970
brokers
Energizing Workplace for Our Associates Our people are more than assets; they are Cassidy Turley
Page 20
Who is the Cassidy Turley Team? we are a highly MOTIVATED Leasing Team
Doug Wulf
Dan Miller
Robert Knisely
Steve Schwab
29 Years Experience
17 Years Experience
12 Years Experience
30 Years Experience
Team Leader
Primary Contact
Secondary Contact
Parking
Primary Contact
Lease-Up Forecasting
Tenant Prospecting
Building Systems
Strategic Leasing Approach
Plug & Play Expert
Marketing Strategy
Building Operation
Market Information Source
Strategy Implementation
Creative Promotions
TI Costs
Tours
Tours
Tours
Deal Structures
Proposal Generation
Proposal Generation
Proposal Generation
Market Information
Lease Negotiation
Lease Negotiation
Lease Negotiation
Marketing Strategy
Networking
Broker Awareness
Broker Awareness
Lease Negotiation
Broker Awareness
Marketing Strategy
Lease-Up Forecasting
Broker Awareness
Activity Reporting
Activity Reporting
Activity Reporting
Senior Vice President
Senior Vice President
Senior Vice President
Partner
strong reputation
DRIVEN Results
5 5 0 0 S Q uebec T eam
Fresh Perspective
Doug Dan robert Steve
eNTHUSIASM AND ENERGY
PROACTIVE
Experts in leasing greenwood plaza vacancies • • • • • •
Completed 110 deals in Greenwood Plaza since the beginning of 2011, totaling 605,000 RSF 152,000 RSF currently out for lease in Greenwood Village to be executed in the next 30 days Outstanding broker relationships Can sell benefits of Greenwood Plaza Exploit steadily increasing search volume for Greenwood Plaza office space Know all tenant stacking plans
Page 21
Team Resume / Doug Wulf Representative Client List
C. Douglas Wulf Senior Vice President 1515 Arapahoe St. #1200 | Denver, CO 80202 T 303.312.4218 C 303.332.6759 F 303.534.8270 Doug.wulf@cassidyturley.com | www.cassidyturley.com/colorado Professional Expertise Mr. Wulf has consistently been in the top five percent of all office brokers in the metropolitan area over the last twenty-nine years. As well, he is well known as an authority on trends and conditions in the Denver office market and is a frequent participant and speaker in Denver commercial real estate symposiums. Doug maintains the highest overall total production of any broker at Cassidy Turley Colorado over the past 15 years. Commercial Real Estate Broker Commercial Real Estate Broker
Cassidy Turley Colorado CB Commercial (CBRE)
1993 – present 1984 – 1993
Doug has been involved in over 2,000 lease and sale transactions totaling nearly 12 million square feet of space and over $1.3 billion of consideration. Cassidy Turley Fuller Real Estate is among Denver’s three largest commercial real estate brokerage firms with 50 producing brokers. Areas of Specialization Owner Representation Tenant Representation Professional Recognition #1 Producing Broker – 2012, 2011, 2010,2009, 2006, 2005, 2002, 1994 Cassidy Turley Colorado #2 Producing Broker – 2008, 2007, 2003, 2001, 2000, 1997 Cassidy Turley Colorado #3 Producing Broker – 2004, 1999, 2013 Cassidy Turley Colorado Recipient of Denver’s NAIOP “Office Broker of the Year” Award for all of Metro Denver – 1994, 2012 Top Five Office Salesperson Five Consecutive Years 1988- 1993
CB Richard Ellis
(Formerly CB Commercial)
Owner Representation Doug has represented landlords in over 50 different office properties in Denver. Whether his clients have been local or national owners, entrepreneurial or institutional, Doug is keenly aware of how to negotiate on a landlord’s behalf and provide optimal results in the shortest period of time. Some of his listing assignments have been with ownership groups such as Homart Development, iStar Financial, US Bank, Walton Street Partners, TA Realty, Dividend Capital, Allstate Insurance, Beacon Capital, Lowe Enterprises, Mutual of New York, the Denver Tech Center, the Patrinely Group, California Federal Savings, Broadreach Capital, Public Employees Retirement Association of Colorado, USAA Realty, CMD Realty, Shea Properties, Carr America, Aldrich Eastman Waltch, Lexington Capital, NCR and the National Bank of Canada to name a few. Education Indiana University
2 B.A. Degrees
Buildings Listed ParkRidge Corporate Center Greenwood Corporate Plaza Park Central Building Marketplace 1125 Seventeenth Street 1700 Broadway 1675 Broadway Stanford Place Metropoint 161 Inverness Drive West Metro South Technology Center Milestone Tower Denver Corporate Center Plaza 25 Fillmore Place 1801 Broadway The Commons One Cherry Center The Allstate Building * Columbine Place Lawrence Street Center Harlequin Plaza Crescent VII Writers Square One Denver Highlands Offices at the Promenade Orchard Centre Sheridan Office Plaza Corporate 25 Orchard Place 304 Inverness Orchard Pointe Highpoint 50 South Steele * Rampart Office Plaza Century Bank Oracle Center Maroon V Metro North NCR Building Central Place *Panorama Falls * Dorado Building *1800 Glenarm * Tri-State Building 101 University *Leased and Sold
Recent Major Transactions Total Size 860,000 SF 610,000 SF 568,000 SF 525,000 SF 485,000 SF 354,000 SF 328,000 SF 273,000 SF 270,000 SF 256,000 SF 250,000 SF 230,000 SF 195,000 SF 190,000 SF 189,000 SF 189,000 SF 165,000 SF 152,000 SF 150,000 SF 145,000 SF 145,000 SF 145,000 SF 135,000 SF 135,000 SF 130,000 SF 130,000 SF 121,000 SF 120,000 SF 120,000 SF 120,000 SF 118,000 SF 118,000 SF 117,000 SF 114,000 SF 110,000 SF 90,000 SF 90,000 SF 88,000 SF 88,000 SF 72,000 SF 74,000 SF 68,000 SF 68,000 SF 68,000 SF 57,000 SF 50,000 SF
Tenant American Century Mutual Funds DirecTV-2012 DirecTV-2007 Markwest Energy Partners Bridgepoint Education Colorado Department of Labor US Borax Merrick Engineering Aircoa Time Warner TeleComm Sierra Nevada AT&T Petroleum Information Markwest Energy Partners Keybank Exclusive Resorts Oracle Youth for Christ Barrett Resources Corporation Utility Engineering BAXA Pharmaceutical Nel Net MoneyGram Space Imaging Rhythms Net Connections Wild Blue Communications Defense Information Systems Countrywide Insurance Tri-County Health Jefferson County Haliburton First Data Western Gas Resources Microsoft Rocky Mountain Health Plans MetLife Hewlett Packard Verio QC Data Mercury Interactive Merrill Lynch High Noon Entertainment Physicians Health Partners CNA Insurance US Homes (50+ additional leases in excess of 20,000)
Total Size 265,000 SF 257,000 SF 257,000 SF 215,000 SF 185,000 SF 110,000 SF 104,000 SF 103,000 SF 90,000 SF 90,000 SF 86,000 SF 86,000 SF 85,000 SF 78,000 SF 78,000 SF 78,000 SF 75,000 SF 68,000 SF 66,000 SF 65,000 SF 64,000 SF 62,000 SF 61,000 SF 60,000 SF 60,000 SF 60,000 SF 57,000 SF 56,000 SF 55,000 SF 51,000 SF 50,000 SF 45,000 SF 45,000 SF 44,000 SF 44,000 SF 40,000 SF 40,000 SF 38,000 SF 36,000 SF 33,000 SF 33,000 SF 31,000 SF 31,000 SF 30,000 SF 30,000 SF
Page 22
Team Resume / Dan Miller
Office
Office
Dan Miller Senior Vice President Cassidy Turley 1515 Arapahoe St. #1200 | Denver, CO 80202 T 303.312.4272 C 720.980.7609 F 303.534.8270 Dan.Miller@CassidyTurley.com | www.cassidyturley.com
Professional Expertise
For the last 15 years Dan Miller has successfully executed hundreds of leases transactions representing both Tenants and Landlords in the Denver Metropolitan area. His extensive experience and commitment to leasing has led him to be a powerful negotiator with unparallel market knowledge that offers his clients a sincere and recognizable contribution. Dan has consistently been recognized over his career as one of Denver’s top office leasing brokers and he continues his commitment and excellence to the leasing profession. Dan has successfully split his time between tenant representation and landlord work which have included national, institutional and local clients. Further, Dan’s finance background has proved beneficial with lease analysis and underwriting. Clients have consistently found Dan to be knowledgeable, accessible, ethical, creative, and hard working.
Experience
Commercial Real Estate Broker Financial Analyst Major Account Representative
Cassidy Turley, Colorado Market Cassidy Turley, Colorado Market Konica Corporation
1997 - Present 1995 - 1997 1991 - 1995
Partial list of tenant clients MCI United States Postal Service 180 Connect Jefferson-Pilot Communications JE Dunn Construction Company Penn Mutual Enterprise Leasing Colorado Casualty Children’s Hospital Concentra TMAC Monitor Liability Storman International Brisbane Company First City Financials Pro Group International Country Insurance References available upon request
Clifton Gunderson Alpine Partners House, Meyer, Hansen & Allen Sona Ironwood Communications National Health Resources Tri-Power Fuel Cornerstone Partners JR Engineering First Annuity & Insurance Mobex Communications Price Waterhouse Roche Pharmaceuticals Context Integration Browning Group On-Line System Services ARC
Sattler Homes CBE Group Ascolta Aegis Financial Sera Funding National Finance Corporation Ameritech Tele-Choice Rigid Building Systems Webb Interactive South Denver Mortgage Sierra Funding Penn Mutual Inacom West American Mortgage Micro-Image Corporation Scottish RE
Areas of Specialization Owner Representation Tenant Representation Owner Representation
Dan Miller has vast experience with landlord representation and has developed the ability to successfully negotiate on the landlord's behalf. His extensive knowledge of the office market trends and conditions has been extremely beneficial to his clients in saving time and money. Dan has listed properties for both institutional owners and local owners. Some clients include: The Patrinely Group, Shea Properties, Equity West, Broadreach Capital, TA Realty, The Sheridan Group, DPC Management, Sherron Associates, and CarrAmerica. This experience coupled with his financial analysis capabilities offers landlords a sincere and recognizable contribution.
Tenant Representation
Major tenant representation transactions completed by Dan including all types of tenants, large and small, local and national.
Education
University of Denver Masters in Business Administration (Emphasis: Finance Real Estate) Colorado State University Bachelor of Arts
1995 - 1997 1987 - 1991
Page 23
Team Resume / Robert Knisely
Owner Representation Robert has extensive experience with landlord representation and has developed the ability to successfully negotiate on behalf of building owners. His extensive knowledge of the office market trends and conditions has been extremely beneficial to the landlords he represents. Robert has listed properties for both institutional owners and local owners including Beacon Capital Partners, Transwestern Investment Services, Loeb Partners Realty, Broadreach Capital Parnters, Walton Street Capital, Guggenheim Partners, and Equity West. Education University of Denver 1997-2001 Bachelor of Science and Business Administration Finance and Marketing Major (Minor: Economics)
Robert Knisely Senior Vice President 1515 Arapahoe St. #1200 | Denver, CO 80202 T 303.312.4235 C 303.929.3410 F 303.534.8270 Robert.knisely@cassidyturley.com | www.cassidyturley.com/colorado Professional Expertise Mr. Knisely has been a great asset to Cassidy Turley Colorado in that he brings a high level of energy and enthusiasm to the office leasing team. His personal skills and ability to prospect have proven beneficial in both landlord and tenant representation. Robert has gained valuable experience representing landlords and tenants in the Downtown, Southeast, Aurora, and the Colorado Blvd/Glendale markets. His efforts in research and prospecting have contributed greatly to his understanding of office market trends and conditions that in turn offer benefits to his clients. Commercial Real Estate Broker Real Estate / Development Intern
Cassidy Turley Colorado Neenan Company
2001 - Present 2000 - 2001
Areas of Specialization Owner Representation Tenant Representation
Tenants Served Alliance Power Alpine Partners, Inc. California Financial Group Capital Commerce Mortgage Co. Collateral Finance Partners Corporate Benefit Services of America Creative Mortgage, Inc. Data Cabling Services, Inc. DHL Express, Inc. Great Home Mortgage Company Integrated Mechanical Systems Software A6 Classic Brands/Topperscott
Leyendecker & Lemire Nathan, Bremer, Dumm & Meyers, PC Petroleum Place RKF, Ltd. Sierra Risk Management Scofield & Scofield, PC Superior Energy Services Sutton Law Offices The Spanos Corporation United States Postal Service Woolpert, LLP 180 Connect, Inc. Comprehensive ENT
Properties Marketed
Owner Representation Robert has extensive experience with landlord representation and has developed the ability to successfully negotiate on behalf of building owners. His extensive knowledge of the office market trends and conditions has been extremely beneficial to the landlords he represents. Robert has listed properties for both institutional owners and local owners including Beacon Capital Partners, Transwestern Investment Services, Loeb Partners Realty, Broadreach Capital Parnters, Walton Street Capital, Guggenheim Partners, and Equity West. Education University of Denver 1997-2001 Bachelor of Science and Business Administration Finance and Marketing Major (Minor: Economics)
Park Central 1125 17th Street MarketPlace Towers Milestone Tower CoBank Building Edward Building Denver Centerpoint I Sheridan Center 400 South Colorado AmeriVest Plaza Panorama Falls
537,210 SF 489,393 SF 315,000 SF 220,000 SF 205,000 SF 183,195 SF 164,685 SF 137,000 SF 125,415 SF 120,000 SF 62,000 SF
Office Court on Inverness Hilltop Mesa International Building California Building Union Square Office Complex Equinox Building 8201 Shaffer Parkway 1530 Blake Street 5005 West 81st Place 1550 Dover Street 2616 West Alamo Avenue
55,000 SF 50,000 SF 41,000 SF 35,000 SF 24,000 SF 22,000 SF 20,000 SF 20,000 SF 15,500 SF 17,500 SF 5,500 SF
Tenants Served Alliance Power Alpine Partners, Inc. California Financial Group Capital Commerce Mortgage Co. Collateral Finance Partners Corporate Benefit Services of America Creative Mortgage, Inc. Data Cabling Services, Inc. DHL Express, Inc. Great Home Mortgage Company Integrated Mechanical Systems Software A6 Classic Brands/Topperscott
Leyendecker & Lemire Nathan, Bremer, Dumm & Meyers, PC Petroleum Place RKF, Ltd. Sierra Risk Management Scofield & Scofield, PC Superior Energy Services Sutton Law Offices The Spanos Corporation United States Postal Service Woolpert, LLP 180 Connect, Inc. Comprehensive ENT
Page 24