Proposal_Brokerage_Advisory_Services_CW

PROCESS MANAGEMENT

If possible, provide a sample timeline of anticipated events/milestones.

SAMPLE

Park Hotels & Resorts Inc. | NYC

Renewal Timeline

2019

2020

2021

2022

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Market Research & Analysis

Commence Negotiations with Landlord

Review Building & Events space Infrastructure Engage Third Party if necessary

Intense Negotiations

Execute new lease or exercise 5-year renewal option

Renewal

One-5 Year Renewal Must exercise before December 31, 2021

December 31, 2020 Termination Option Notice by June 30, 2019

December 31, 2022 Lease Expiration

Strategic Advisory Group © 2019 Cushman & Wakefield

All information furnished is from sources deemed reliable. No warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change in price, rental or other conditions, prior sale, lease, or financing or withdrawal without notice.

K HLT NY HILTON LLC | CUSHMAN & WAKEFIELD | 33