NXT 50_RFP_BHFS_5.29.19_Link

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Response for C.1.

Many law firms face the challenge that Brownstein faces when considering whether to upgrade their primary headquarters building. Often, the quality of the office facilities in cities other than the HQ city is much better. Whether due to an acquisition, limited less expensive options or the minimal financial impact of a smaller, satellite office being at a higher price point – this issue exists for Brownstein and many other firms based in Denver. At nearly 55% of the entire portfolio, bringing the Denver office to a higher standard like Las Vegas, Washington DC or Santa Barbara could increase portfolio occupancy costs dramatically if not executed perfectly. This is the Denver Dilemma for many Denver based law firms. C&W is uniquely prepared to address this dilemma for Brownstein.

DENVER HQ TIMELINE

These projects are a select sample of all the projects C&W will evaluate for Brownstein.

BROWNSTEIN BENEFIT Absolute Confidence in NXT50 Decision

1601 Market Street 95,400 SF Office 95,400 SF Available Est. Delivery Q4 2019 MARKET STATION

675 15th Street 600,000 SF Office 0% Leased Est. Delivery Q4 2020 BLOCK 162

MCGREGOR SQUARE

1144 15th Street 672,000 SF Office 94% Leased Delivered 2018 1144 FIFTEENTH

1700 Broadway 394,174 SF Office 21% Leased Built 1973 | 2005 1700 BROADWAY

370 17th Street 1,337,504 SF Office 85.5% Leased Built 1984 | 2016 REPUBLIC PLAZA

19th & Wynkoop Street ± 200,000 SF Office LOI - 100%

UNDER CONSTRUCTION OR EXISTING

PROJECT MANAGEMENT

5/31/2021

9/31/2022

2/28/2022

5/31/2023

5/31/2022

18th Floor Sublease Expiration Date

Master Lease Renewal Notice Due

Master Lease Expiration Date

Cushman & Wakefield | Brownstein Hyatt Farber Schreck

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