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SEATTLE OFFICE SPACE SURVEY PRESENTED TO PRESENTED BY STEVE SCHWARTZ 425.974.4005

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Page 1: Morgan Stanley NEW

SEATTLE OFFICE SPACE SURVEY

P R E S E N T E D T O

P R E S E N T E D B Y

S T E V E S C H W A R T Z

4 2 5 . 9 7 4 . 4 0 0 5

Page 2: Morgan Stanley NEW

MATRIX OF AVAILABE SPACES

# BUILDING PHOTO BUILDING NAME BUILDING

SIZE OWNERSHIP

TYPICAL FLOOR PLATE

YEAR BUILT

# FLOORS

% LEASED

RSF AVAILABLE

ASKING RATE

PARKING LEED

CERTIFICATION COMMENTS

1

Century Square 1501 4th Ave Seattle, WA

676,294 SF UBS Realty LLC 22,500 SF 1986 30 84.0% Floors 22 & 23

42,334 SF

$38.00 - $42.00/SF

Full Service 0.83/1,000 LEED Silver

Available February 2013. Prime Western views. Located in the heart of retail and financial

district.

2

Russell Investments

Center 1301 2nd Ave Seattle, WA

865,048 SF Northwest Mutual Life Insurance Co.

20,300 SF 2006 42 91.5% Floors 41 & 42

38,723 SF

$38.00 - $42.00/SF

NNN 0.63/1,000

Energy Star (Application for LEED Platinum out for review)

Premier Class A+ high rise with spectacular Western views. Common area and deck on 17th floor. Full-service 3,000 SF fitness center. On-site conference facility, Starbucks, bank and

sundries shop. Space currently under negotiation. Future sublease space may be

available.

3

1201 Third Building

1201 3rd Ave Seattle, WA

1,114,845 SF Beacon Capital 20,000 SF 1988 55 85.7% Floors 36 & 37

39,398 SF $45.00/SF

Full Service 0.74/1,000 LEED Gold

Offers and abundance of on-site retail amenities including banks, salons, restaurants

and coffee shop.

4

1111 Third Building

1111 3rd Ave Seattle, WA

604,537 SF Archon Group 16,300 SF 1980 34 57.2% Floors 16 & 17

36,520 SF $26.50/SF

Full Service 1.0/1,000 LEED Silver

Near local public transit. Easy access to major expressways and the waterfront. Recent

upgrades include high speed computerized elevators.

5

Fourth & Madison 925 4th Ave Seattle, WA

845,533 SF TIAA 21,000 SF 2002 40 99.9% Floors 35 & 36

36,515 SF

$42.00 - $48.00/SF

Full Service 1.25/1,000 LEED Gold

Prime financial district high rise. Floor 36 is available now (24,515 SF) and an additional

±12,000 SF could be made available on Floor 35 in Q4 2012.

6

Columbia Center 701 5th Ave Seattle, WA

1,527,107 SF Beacon Capital 23,000 SF 1985 76 63.6%

Floors 63 - 65 35,032 SF

Floors 38 – 40

49,055 SF

$33.00 - $38.00/SF

Full Service 0.5/1,000 LEED Silver

Floors 63 – 65: Former law office space with internal stairwell.

Floors 38 – 40: Prime Sky Lobby and retail

exposure on floor 40 with internal stairwell to floor 39.

Page 3: Morgan Stanley NEW

MAP OF AVAILABE SPACES

# BUILDING PHOTO BUILDING NAME

1

Century Square 1501 4th Ave Seattle, WA

2

Russell Investments Center 1301 2nd Ave Seattle, WA

3

1201 Third Building 1201 3rd Ave Seattle, WA

4

1111 Third Building 1111 3rd Ave Seattle, WA

5

Fourth & Madison 925 4th Ave Seattle, WA

6

Columbia Center 701 5th Ave Seattle, WA

Page 4: Morgan Stanley NEW

CENTURY SQUARE: 1501 4TH AVENUE

MAJOR TENANTS:

URS Corporation

Federal Home Loans

Chase Bank

FLOOR 22: 21,167 SF

FLOOR 23: 21,167 SF

BUILDING INFORMATION:

BUILDING SIZE: 676,294 SF

OWNERSHIP: UBS Realty LLC

TYPICAL FLOOR PLATE: 22,500 SF

YEAR BUILT: 1986

# FLOORS: 30

% LEASED: 84.0%

RSF AVAILABLE: Floors 22 & 23 42,334 SF

ASKING RATE: $38.00 - $42.00/SF, Full Service

PARKING: 0.83/1,000 SF

LEED CERTIFICATION: LEED Silver

COMMENTS: Available February 2013. Prime Western views. Located in the heart of retail and financial distract

Page 5: Morgan Stanley NEW

RUSSELL INVESTMENTS CENTER: 1301 2ND AVENUE

MAJOR TENANTS:

Dendreon Corporation

Russell Investments

Zillow, Inc.

Nordstrom

Northwestern Mutual

FLOOR 41: 19,925 SF

FLOOR 42: 18,798 SF

BUILDING INFORMATION:

BUILDING SIZE: 865,048 SF

OWNERSHIP: Northwest Mutual Life Insurance Co.

TYPICAL FLOOR PLATE: 20,300 SF

YEAR BUILT: 2006

# FLOORS: 42

% LEASED: 91.5%

RSF AVAILABLE: Floors 41 & 42 38,723 SF

ASKING RATE: $38.00 - $42.00/SF, NNN

PARKING: 0.63/1,000 SF

LEED CERTIFICATION: Energy Star Application for LEED Platinum is out for review

COMMENTS:

Premier class A+ high rise with spectacular Western views. Common area and deck on 17th floor. Full-service 3,000 SF fitness center. On-site conference facility, Starbucks, bank and sundries shop. Space is currently under negotiation. Future sublease space may be available.

Page 6: Morgan Stanley NEW

1201 THIRD BUILDING: 1201 3RD AVENUE

MAJOR TENANTS:

JP Morgan Chase

Perkins Coie LLP

Davis Wright Tremaine

FLOOR 36: 22,994 SF

FLOOR 37: 16,404 SF

BUILDING INFORMATION:

BUILDING SIZE: 1,114,845 SF

OWNERSHIP: Beacon Capital

TYPICAL FLOOR PLATE: 20,000 SF

YEAR BUILT: 1988

# FLOORS: 55

% LEASED: 85.7%

RSF AVAILABLE: Floors 36 & 37 39,398 SF

ASKING RATE: $45.00/SF, Full Service

PARKING: 0.74/1,000 SF

LEED CERTIFICATION: LEED Gold

COMMENTS: Offers an abundance of on-site retail amenities including banks, salons, restaurants and coffee shop.

Page 7: Morgan Stanley NEW

1111 THIRD BUILDING: 1111 3RD AVENUE

MAJOR TENANTS:

Unum

Umpqua Bank

Foster Pepper

US Department of Labor

FLOOR 16: 18,260 SF

FLOOR 17: 18,260 SF

BUILDING INFORMATION:

BUILDING SIZE: 604,537 SF

OWNERSHIP: Archon Group

TYPICAL FLOOR PLATE: 16,300 SF

YEAR BUILT: 1980

# FLOORS: 34

% LEASED: 57.2%

RSF AVAILABLE: Floors 16 & 17 36,520 SF

ASKING RATE: $26.50/SF, Full Service

PARKING: 1.0/1,000 SF

LEED CERTIFICATION: LEED Silver

COMMENTS:

Near local public transit. Easy access to major expressways and the waterfront. Regent upgrades include high speed computerized elevators.

Page 8: Morgan Stanley NEW

FOURTH & MADISON: 925 4TH AVENUE

MAJOR TENANTS:

GE Healthcare

K & L Gates

Deloitte & Touche

UBS Financial Services, Inc.

FLOOR 36: 24,515 SF

BUILDING INFORMATION:

BUILDING SIZE: 845,533 SF

OWNERSHIP: TIAA

TYPICAL FLOOR PLATE: 21,000 SF

YEAR BUILT: 2002

# FLOORS: 40

% LEASED: 99.9%

RSF AVAILABLE: Floors 35 & 36 36,515 SF

ASKING RATE: $42.00 - $48.00/SF, Full Service

PARKING: 1.25/1,000 SF

LEED CERTIFICATION: LEED Gold

COMMENTS:

Prime financial district high rise. Floor 36 is available now (24,515 SF) and an additional ±12,000 SF could be made available on Floor 35 in Q4 2012 for a total of approximately 36,515 SF.

Page 9: Morgan Stanley NEW

COLUMBIA CENTER: 701 5TH AVENUE

MAJOR TENANTS:

Dorsey & Whitney

Social Security

Seed Intellectual Property Law

FLOOR 63: 13,414 SF

FLOOR 64: 13,414 SF

BUILDING INFORMATION:

BUILDING SIZE: 1,527,107 SF

OWNERSHIP: Beacon Capital

TYPICAL FLOOR PLATE: 23,000 SF

YEAR BUILT: 1985

# FLOORS: 76

% LEASED: 63.6%

RSF AVAILABLE: Floors 63-65 Floors 38-40 35,032 SF 49,055 SF

ASKING RATE: $33.00 - $38.00/SF, Full Service

PARKING: 0.5/1,000 SF

LEED CERTIFICATION: LEED Silver

COMMENTS:

Floors 63 – 65: Former law office space with internal stairwell. Floors 38 – 40: Prime Sky Lobby /retail exposure on floor 40 with internal stairwell to floor 39.

Page 10: Morgan Stanley NEW

COLUMBIA CENTER: 701 5TH AVENUE

FLOOR 65: 16,408 SF

FLOOR 38: 22,863 SF

FLOOR 39: 23,044 SF

FLOOR 40: 3,148 SF