Life Sciences Overview_ThinkBio

LIFE SCIENCES REAL ESTATE OVERVIEW

03 WHAT WE DO

04 WHO WE DO IT FOR

05 NEXT STEPS

01 02 WHO WE ARE OUR

UNDERSTANDING

OUR UNDERSTANDING

THINK BIOSCIENCE TODAY

FUTURE OUTLOOK

Founded in late 2019

Timing of Series A?

Pre-seed funding of $1.9MM from WireFrame in April 2021

Ideal size of new space?

Growth outlook for next 1-2 years?

Labs located at CU Boulder

Lease term in new space?

Exploring expansion needs

WHO WE ARE

CONFIDENTLY GLOBAL EXPERTLY LOCAL

53,000 EMPLOYEES

400 OFFICES

60 COUNTRIES

WHO WE ARE

SUPPORT

LIFE SCIENCE HUB MARKET EXPERTS

PROJECT ADVISORS

PROJECT MANAGER JASON D’ORLANDO

INCENTIVES JANE ORLIN

BRIAN STARCK SAN DIEGO

BILL HARTMAN NEW YORK

DEB BOUCHER RALEIGH-DURHAM

MARC POPE SAN FRANCISCO

ROBERT RICHARDS BOSTON

STEVE BILLIGMEIER VICE CHAIRMAN

ROB BAIN SENIOR DIRECTOR

PETER ROSAN MARYLAND

SHAWN STRAKA NEW JERSEY

JONATHAN METZL CHICAGO

SHANE FUNSTON PHILADELPHIA

SHAUN STILES SOUTHERN CAL

FINANCIAL ANALYST OLAN YOUNG

CAPITAL MARKETS JOSH KING

SID DIXON SENIOR DIRECTOR

WHAT WE DO

ESTABLISH NEEDS

IDENTIFY OPTIMAL PROPERTIES

NEGOTIATE DEAL TERMS

LEASE NEGOTIATION

VENDOR SELECTION & COORDINATION

CONSTRUCTION PROJECT MANAGEMENT

PROCESS TIMELINE

NEGOTIATE DEAL TERMS

STRATEGIC ASSESSMENT

MARKET TOURING

PERMITTING AND CONSTRUCTION

LEASE NEGOTIATIONS

SPACE PLANNING

1 MONTH

1 MONTH

2-4 MONTHS

1-2 MONTHS

12-18+ MONTHS

5 - 8 MONTHS

12 - 18 MONTHS

17 - 26 MONTHS

BUILDING YOUR LAB SPACE

10,000 SF LAB 70% LAB, 30% OFFICE 5-YEAR LEASE

YOU PAY FOR IT

LANDLORD PAYS FOR IT

Lower Rental Rate, Higher Upfront Cost

Higher Rental Rate, Lower Upfront Cost

More options available

Less options available

Spend VC money rather than Landlord money

Spend Landlord money rather than VC money

$2.7 Million $3M construction cost - $300k landlord allowance

$0 $3M construction cost (landlord pays 100%)

UPFRONT COST

$17,000 per month Lease Rate: $20.00/SF NNN

$46,000 per month Lease Rate: $55.00/SF NNN

MONTHLY COST

WHO WE DO IT FOR

NEXT STEPS

ESTABLISH NEEDS

DEVELOP STRATEGY & TIMELINE

IDENTIFY TOP OPTIONS

TOUR TOP OPTIONS

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