LogRhythm Sublease Strategy and Services_short version

ECONOMIC ASSUMPTIONS

SUBLET - BEST CASE: Sublease 20.5K SF at 4840 Pearl East Circle 20.5K SF Sublet at at 4840 Pearl East Circle Sep'21 (12 mos marketing) Sep'20-Dec'26 (76 mos) 20,539 sf

SUBLET - WORST CASE: Sublease 20.5K SF at 4840 Pearl East Circle 20.5K SF Sublet at at 4840 Pearl East Circle Sep'22 (24 mos marketing) Sep'20-Dec'26 (76 mos)

d e Square Feet ncement Date

20,539 sf

9/1/2021 64.0 mos

7/1/21 5.3 yrs

9/1/2022 52.0 mos

7/1/21 4.3 yrs

on Date

12/31/2026

12/31/2026

- NNN

$1.67 sf/mos

$20.00 sf/yr

$1.25 sf/mos

$15.00 sf/yr

4.0 mos

8.0 mos

lation blet Rent

2.5%

2.5%

$1.66 sf/mos

$19.88 sf/yr

$1.11 sf/mos

$13.34 sf/yr

rsement: OpEx / Prop Tax Tax: '21 est.

$0.96 sf/mos

$11.57 sf/yr

$0.96 sf/mos

$11.57 sf/yr

st BLIGATION LESS SUBLET PROCEEDS x $'s from Existing x $'s from Existing mmission

total

total

$1,450,896 63.4% $1,618,908 67.3%

$3,033,139 38.7% $2,607,677 34.2%

$164,312 $102,695 $267,007

$133,504 $308,085 $441,589

Total: $1.50 SF/YR

Total: $1.50 SF/YR

nant Improvement Allowance f-Pocket at Commencement

$5.00 / SF

$15.00 / SF

$213,458 $91,697 87.5%

$208,451 71.6% $409,192

perating Cost - 2024 from Existing nual Operating Cost 1 from Existing

72.7%

47.6%

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