NXT 50_RFP_BHFS_5.29.19_Link

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50

Response for A.9.

Cushman & Wakefield is uniquely positioned to deliver all the commercial real estate services that Brownstein will ever need. As our review of the Brownstein portfolio commences in depth, we may discover any number of valuable services our firm can provide to enhance Brownstein’s portfolio value. We have organized a number of the services we know Brownstein will benefit from below performed on an Annual, Quarterly and Transactional basis. A scope of services and associated fees is itemized in Response E.3.

EXTRAORDINARY SERVICES

ANNUAL SERVICES

QUARTERLY SERVICES

TRANSACTIONAL SERVICES

• Lease Abstract/Administration Updates • Mark-to-Market Study • Real Estate Dashboard • Custom Metrics • Simple to Sophisticated Software • Office Utilization • Market Conditions Review

• Visioning Sessions • Needs Assessment • Consensus Building • Budgeting / Projections • Market Evaluations • Negotiations • Financial Analysis • Project Management • Standards Implementation • Ongoing Lease Audits

• Strategic Portfolio Review • Private Symposium for Brownstein • Five Year Capital Plan • Portfolio Lease Audits

SAMPLE 5 - YEAR CAPITAL EXPENSE PROJECTION

Lease Exp.

Current Size

Projected Size

Numberof Attorneys

Currentor ProjectedStatus

“All-in”LawFirm TransactionCosts

Providedby Landlord $175.00 /RSF ($7,087,500) $150.00 /RSF ($4,837,500)

TotalPotential Exposure

Location

2019

2020

2021

2022 2023

$225.00 /RSF ($9,112,500) $225.00 /RSF ($7,256,250) $5.00 /RSF ($198,750) $15.00 /RSF ($438,750) $225.00 /RSF ($6,750,000) $15.00 /RSF ($382,500) $225.00 /RSF ($11,283,750) $225.00 /RSF ($5,906,250) $275.00 /RSF ($8,868,750) $15.00 /RSF ($585,000) $15.00 /RSF ($551,250) $225.00 /RSF ($8,606,250) $15.00 /RSF ($438,750)

BocaRaton

54,670 40,500

Nov-2020

InProcess

-

-

-

54

$2,025,000

$2,025,000

-

LeaseAbstract andCover Document

Washington, DC Jan-2020

47,054 32,250

InProcess

-

-

43

$2,418,750

$1,209,375 $1,209,375

-

MolaskyCorporateCenter

$5.00 /RSF ($198,750) $5.00 /RSF ($438,750)

Boston

52,432 39,750

Mar-2020

InProcess

-

-

-

53

$0

$0

-

BuildingDescription:

The Molasky Corporate Center is the first building in Las Vegas to be designed to achieve LEED Gold certification from the U.S. Green Building Council. This 17 story office tower sits atop a multi-level structured parking facility and is across the street from Union Park, a 61 acre, mixed use development currently in the planning stages. BHFS shares this property with the Southern Nevada Water Authority, Ballard Spahr Ingersoll Andrews, The Molasky Group of

Wilmington

41,317 29,250

Sep-2020

ProjectedRenewal

-

-

-

39

$0

$0

-

$175.00 /RSF ($5,250,000) $15.00 /RSF ($382,500) $175.00 /RSF ($7,743,750) $175.00 /RSF ($4,593,750) $175.00 /RSF ($5,643,750) $15.00 /RSF ($585,000) $15.00 /RSF ($551,250) $175.00 /RSF ($6,693,750) $15.00 /RSF ($438,750)

Chesterbrook*

42,704 30,000

Feb-2021

PossibleRelocation

-

-

-

40

$0

-

$0

Princeton*

63,750 25,500

Jun-2021

Monitor

-

-

(1)

34

$0

-

$0

Tenant:

BrownsteinHyatt Farber.

Landlord:

ParkwayCenter, LLC

Schreck, PC

ToddM.Wheeler 303-813-6441 303-223-1107 SpazioDesign 702-407-0974 AaronHyatt

Broker:

Keith Bassett 702-688-6930 Mark Fine, EOP 312-466-3803

Broker:

LeaseAbstract andCover Document

LeaseAbstract andCover Document

SaltLake City*

53,809 44,250

Jun-2022

(1)

-

-

-

59

$3,540,000

-

$3,540,000

Attorney:

Attorney:

Architect:

Architect:

Same

BuildingDescription:

Albuquerque Plaza

Pittsburgh*

27,036 26,250

Sep-2022

PossibleRelocation

-

-

35

$1,309,500

-

-

$1,309,500

Unknown

Contractor:

Suzanne Sanders MolaskyGroup 702-735-0155

Contractor:

MeridianPlaza is strategically located in theheartofSacramento'sCentralBusiness District,withinwalkingdistance to theStateCapitolBuilding.Thispremieroffice building rises twelve stories from thegroundandprovides sweepingpanoramic viewsof theSierras,Sacramento's skylineand theCapitolDome. Amenities includingon-sitepropertymanagement,24-hour security, stateof the art fitness centerwith showerand locker facilities, cable readyaccess, legislative audioaccess,overnightexpress center, restaurant,on-siteparking. MeridianPlaza is located twoblocks from theStateCapitol LeaseAbstract andCover Document

New York*(3)

43,569 32,250

Mar-2023

PossibleRelocation

-

-

-

43

$3,225,000

$3,225,000

-

BuildingDescription:

CriticalDates andNotices

Albuquerque Plaza is considered one of the premier projects in the state.This346,918 sfClassAOffice Tower that is part of a mixed-use project located in theDowntown core features aHyatt Hotel.This 89-percent-occupied project has a Tenants In Common ownership structure,which includes several local business families andmanaging partner andpropertymanager American PropertyManagement.American Property Management’sprimary focus is in the ownership and operations of hotels throughout the southwestern andWestCoast regions of

WestPalm Beach*

53,083 39,000

Apr-2023

Monitor/Renewal

-

-

$0

52

$0

-

-

ExecutionDate:

February7,2007; September29,2008 –3 rd

Amendment CommencementDate:

April1,2008;October1, 2008 –3 rd Amendment

ExpirationDate: CancellationDate:

March31,2018

410 17 th Street,Denver,Colorado 80202

Newark*

50,102 36,750

Jun-2023

Monitor/Renewal

-

-

$0

49

$0

-

-

N/A

ValleyView Investors

NoticeDate:

N/A

Landlord:

(916)388-2300

Tenant:

RenewalCommencementDate:

April1,2018

Greg Levi

BrownsteinHyatt Farber.

BuildingDescription:

Broker:

(916)447-6300

BrownsteinHyatt Farber

Chicago

48,862 38,250

Schreck, PC

Jan-2024

PossibleRelocation

-

-

51

$1,912,500

-

-

$1,912,500

Broker:

Landlord:

TBD

Shreck, PC

ToddM.Wheeler 303-813-6441

Tenant:

Albuquerque PlazaOffice Investment, LLC

BHFS isheadquartered at41017th Street in downtown Denver, Colorado. The419,345 SF class B building offers average amenities in a downtown location.The propertywas developed byMarvinDavis in 1978.The current owner is CallahanCapital Partners ofChicago. Callahanwas foundedbyTimCallahan formerCEO of Trizec Properties, Inc. and owns2.8million sf of class B andAA office properties in theDenverCBD.The410 Building offersClass B+ office space in the high-rise portion of the building at a very good, uptown location. Tenants includeAdecco, Selero Energy,Volt Information

Attorney:

ToddM.Wheeler 303-813-6441

Attorney:

Broker:

Stafford Space Planning (916)652-3400

AaronHyatt

Broker:

AllegianceRealtyCorporation JeffWitak –704-927-7000

Architect:

AaronHyatt

Philadelphia

303-223-1107

40,654 29,250

Architect:

Sep-2024

Monitor/Renewal

-

-

$0

39

$0

-

-

Attorney:

TBD

303-223-1107

Unknown

Attorney:

Unknown

Contractor:

TBD

Contractor:

Architect:

Unknown

Architect:

Unknown

TBD

TOTALS:

619,042 443,250

591

$60,378,750

$44,440,000 $14,430,750 $1,209,375 $4,636,845 $3,540,000 $1,309,500$1,912,500

Contractor:

Contractor:

Unknown

CriticalDates andNotices

ExecutionDate:

LegalSectorAdvisoryGroup | ADVISING FOREXCELLENCE NOTES: *Basedon ratioof1attorneyper750 square feet,orbasedupon firm comments. (1)Potentialearly relocationdue to terminationoption. (2)Estimatesbasedon typicalmarketdeals. (3)Potentialgrowth/extension .

CommencementDate:

ExpirationDate:

March14,2005

April19,2011 July1,2011

CancellationOptionDate:

May1,2005 May31,2011

CriticalDates andNotices ExecutionDate:

NoticeDate:

September30,2016

RenewalOptionCommencementDate:

Waived in1 st Amendment

BrownsteinHyatt Farber

Landlord:

CallahanCapital Partners

Tenant:

CommencementDate:

N/A

NoticeDate:

ExpansionOptionDates:

(312)798-6010

Schreck, PC

ExpirationDate:

June1, 2011

ToddM.Wheeler 303-813-6441

Broker:

Kevin Foley

Broker:

May1,2010 –August31,2010

NoticeDate:

ContractionOptionDates:

(303)628-1700

None

Attorney:

AaronHyatt

Attorney:

TBD

N/A None

303-223-1107

TBD

Architect:

TBD

Architect:

TBD

Contractor:

TBD

Contractor:

CriticalDates andNotices

Brownstein Hyatt Farber Schreck | Cushman & Wakefield

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