Market Survey and Tour Book -Stone Point

Animated publication

MARKET TOUR

Palm Beach County

January 29, 2021

Prepared By: John Criddle

Executive Director T +1 954 377 0465 john.criddle@cushwake.com Joe Freitas Director T +1 954 377 0462 joe.freitas@cushwake.com

225 Ne Mizner Blvd Suite 300 Boca Raton, FL 33432

SURVEY ORDER

Building Name

Address

Time

1

360 Rosemary

360 Rosemary Ave

9:30am

2

CityPlace Office Tower

525 Okeechobee Blvd 10:10am

3

Esperanté Corporate Center

222 Lakeview Ave 11:00am

4 ECHO

205 Datura Street

11:45am

360 ROSEMARY 360 ROSEMARY AVE PROPERTY INFORMATION Building Type : Class A Year Built: Delivery March 2021 Rentable Building Area: 300,000 SF Stories: 20 Submarket: West Palm Beach Ownership: The Related Companies Percent Leased: 45.1%

1

SPACE OVERVIEW Quoted Rental Rate: 2021 Opex: Total:

$45.00 - 50.00 NNN $20.60 $65.60 - $70.60

SPACE AVAILABLE

11th Floor

6,214 - 8,143 SF

14th Floor

4,058 SF

NOTES • 297,000 square-foot Class A office development located in the heart of downtown West Palm Beach, Florida. • Conveniently located adjacent to the Brightline high-speed rail line and the thriving CityPlace District of shops, restaurants and entertainment, 360 Rosemary is the epicenter of an exciting and dy- namic live/work/play district.

TENANTS •

In negotiation with Elliott Management Corporation

• •

HBK

• • • • •

Comvest Advisors, LLC

Pointe 72

Norwest

Lewis, Longman & Walker, P.A.

Nelson Mullins Regus Spaces

360 ROSEMARY 360 ROSEMARY AVE

11th Floor - 6,214 - 8,143 SF

360 ROSEMARY 360 ROSEMARY AVE

14th Floor

CITY PLACE TOWER 525 OKEECHOBEE BLVD

2

PROPERTY INFORMATION Building Type : Class A Year Built: 2008 Rentable Building Area: 306,007 SF Stories: 18 Submarket: West Palm Beach Ownership: Property Group Partners Percent Leased: 79% Parking Ratio: 2.91/1,000 SF

SPACE OVERVIEW Quoted Rental Rate: 2021 Opex: Total:

$47.00 - $52.00 NNN $22.50 (Includes electric & janitorial) $69.50 - $74.50

SPACE AVAILABLE Suite 800

7,951 SF (shell)

Suite 1670 Suite 1750

4,604 SF (shell) 12,342 SF (shell)

NOTES • 24-Hour Access Control with Card Readers and Full-Service Concierge and Security Team • Executive Parking with Private Elevator Access, Valet, Dry Cleaning, electric charging stations and Car De- tailing Services Located on-site • Four Levels Of Secured, Covered, Integrated Parking Full-Service Banking Branch, Drive-Thru Teller and ATM • Direct, Covered Access to the More Than 100 Shops and Restaurants • Fitness Center Adjacent

TENANTS • UBS Financial Services • Cresset Wealth Advisors • Neuberger Berman Group

• Greenspoon Murder • Priderock • Suttus & Bowen

CITY PLACE TOWER 525 OKEECHOBEE BLVD

Suite 800 -7,951 SF

CITY PLACE TOWER 525 OKEECHOBEE BLVD

Suite 1670 -4,604 SF Space is in shell condition- Test fit provided.

CITY PLACE TOWER 525 OKEECHOBEE BLVD

Suite 1750 -12,342 SF

ESPERANTÉ CORPORATE CENTER 222 LAKEVIEW AVE

PROPERTY INFORMATION Building Type : Class A Year Built: 1989 Renovated 2019 Rentable Building Area: 255,984SF Stories: 20 Submarket: West Palm Beach Ownership: JZ Capital Partners Ltd Percent Leased: 77.5%

3

SPACE OVERVIEW Quoted Rental Rate: 2021 Opex: Total: SPACE AVAILABLE Suite 1000

$45.00 - 50.00 NNN $22.01 + plugs lights & electric $67.01 - $72.01 + plugs lights & electric

±13,653 SF (Will divide)

NOTES

Direct access to Okeechobee Boulevard, I-95, and the turnpike

• Spectacular views of the ocean, intercostals waterway, the Island and the City of West Palm Beach • Building has been fully renovated • Deli on-site fine dining and bar • Valet parking on East Entry

TENANTS •

Merrill Lynch

• • • •

Chatham Lodging Trust Blue Water Advisors

Raymond James Blue Sea Capital

ESPERANTÉ CORPORATE CENTER 222 LAKEVIEW AVE

SUITE 1000 ±13,653 SF

E

ECHO 205 DATURA STREET

4

PROPERTY INFORMATION Building Type : Class A

Year Built: 1925 Renovated 2020 Rentable Building Area: 71,694 SF Stories: 5 Submarket: West Palm Beach Ownership: Morning Calm Management Percent Leased: 29.2% Parking Ratio: 1.28/1,000 SF

SPACE OVERVIEW Quoted Rental Rate: 2021 Opex: Total:

$39.00 - $43.00 NNN TBD $39.00 - $43.00 NNN + OPEX

SPACE AVAILABLE Suite 400

1,000 - 5,738 SF (shell)

NOTES • Completely renovated Downtown Option.

• Features a Walk Score of 98 and is one block from Clematis Street and the Intracoastal Waterway. • The attached garage has a 3.6/1,000 ratio, leading to an abundance of available parking spaces. • Highlighted by a resort-style courtyard featuring spectacular intracoastal water views. • The property is conveniently located .4 miles from Brightline and has readily available on-site security.

ECHO 205 DATURA STREET

Suite 400 1,000 - 5,738 SF

John Criddle Executive Director T +1 954 377 0465 john.criddle@cushwake.com Joe Freitas Director T +1 954 377 0462 joe.freitas@cushwake.com

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