Circlepoint Booklet

3.

3.

CirclePoint one & two

CirclePoint one & two

PREPARED FOR

Northridge Capital, LLC Kevin J. Fay PREPARED BY Bill Lucas Stockton Baker Brian Hutt

3.

CirclePoint one & two

Table of Contents

1

Cassidy Turley Overview

2

Property Management

3

CirclePoint Property Analysis

4

Metro Denver Analysis

5

Competing Properties & Pricing Strategy

6

Proposed Commissions

7

Marketing Approach

8

Why Partner with Cassidy Turley?

Page 1

3.

CirclePoint one & two

Cassidy Turley Overview

A Company with a Legacy of Success: An Entrepreneurial Culture That’s Nimble & Hungry Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 domestic corporate services locations.

Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley. com for more information about Cassidy Turley.

Cassidy Turley - Locations

Cassidy Turley by the Numbers Cassidy Turley is a leading commercial real estate services provider.

• 60 Offices • 3,800 Professionals • 970 Brokers • 400 Million SF Managed Portfolio • 23,000 Managed Client Locations

Services Graphic

• $22 Billion in Transaction Volume in 2012 • 17,000 Lease Transactions Closed • 2,100 Sale Transactions Closed

Comprehensive Commercial Real Estate Services Full-Service Firm

Find Space

Manage Space

Tenant Representation Site Selection Owner-Occupier Acquisitions

Property Management Facilities Management Property Administration

Cassidy Turley Locations Cassidy Turley Managed Client Locations

Integrated Services Build Space Project Management Development Services

Atlanta, GA Cassidy Turley Austin, TX a Atlanta, Baltimore, MD GA TXaa BatonAustin, Rouge, LA Baltimore, MD Bethesda, MD a Baton Boston, MA Rouge, LA Bethesda, Burlingame, CA MD Carlsbad, CA MA Boston, Charlotte, NC Burlingame, CA Chicago, IL (2) aCA Capitola, Cincinnati, OH CA Carlsbad,

Columbia, MD Locations

Columbus, OH

Charlotte, Dallas, TX NC (2) b Chicago, IL (2) b Dayton, OH Cincinnati, Denver, CO OH Columbia, MD El Cajon, CA Columbus, Fort Collins,OH CO Fort Worth, TX ba Dallas, TX (2) Houston,OH TX (2) b Dayton, Indianapolis, Denver, CO IN CACA ElIrvine, Cajon,

Jacksonville, FL Kansas City, MO Fort Collins, CO CA Los Altos, Fort Worth, TX a CA Los Angeles, b Houston, TX (2) KY Louisville, Indianapolis, IN WI (2) b Milwaukee, Jacksonville, FL MN Minneapolis, Kansas Monterey, City, MO CA Nashville, Los Angeles, CA TN NewKY York, NY Louisville, Oakland, CA b Milwaukee, WI (2)

Oklahoma City, OK a Orange County, CA Minneapolis, MN Orlando, FL Palo Alto, CA Monterey, CA Otay Mesa, CAParsippany, NJ Nashville, TN Palo Alto, CA Phoenix, AZ New York, NYParsippany, NJPleasanton, CA Oakland, CA Phoenix, AZ Raleigh, NC Pleasanton, CARochelle Park, NJ Oklahoma City, OK a Raleigh, NC Rochester Hills, MI Orange County, CA NJ Orlando, FL Rochelle Park, Sacramento, CA Rochester Hills, MI a Otay Mesa, CA Salinas, CA

Sacramento, CA Salinas, CA San Antonio, TX a San Antonio, TX a SanCA Diego, San Diego, (2) CA (2) San Francisco, CA San Francisco, CA San San Jose, CAJose, CA SanCA Rafael, CA San Rafael, Santa Cruz, CARosa, CA Santa aSanta Rosa, CA Somerset, NJ Somerset, NJ Springfield, IL a Springfield, IL a St. Louis, MO (3)

St. Louis, MO (3) Tampa, FL Tampa,TX FLa Tenaha, Tenaha, TX a VA Tysons Corner, TysonsCreek, Corner, Walnut CA VA Walnut Creek, Washington, DC CA

Washington, DC aa Limited Limited service locations service locations b service at 1 of b Limited Limited service at2 locations 1 of 2 locations

Market Research Corporate Services Sustainability Services Investor Services

Market Space Leasing & Subleasing Owner-Occupier Sales Investment Sales

Finance & Structure Capital Markets • Debt & Equity Financing • Sales & Acquisitions

Office | Industrial | Retail | Land | Multi-family

Page 2

3.

CirclePoint

Cassidy Turley Overview

one & two

WE ARE A HIGHLY ENERGIZED LEASING TEAM

Bill Lucas

Stockton Baker

Brian Hutt

27 Years Experience

27 Years Experience

4 Years Experience

•

Team Leader

•

Secondary Contact

•

Secondary Contact

•

Primary Contact

•

Tenant Prospecting

•

Tenant Prospecting

•

Strategic Leasing Approach

•

Marketing Strategy

•

Proposal Generation

•

Market Information Source

•

Creative Promotions

•

Broker Awareness

•

Tours

•

Tours

•

Activity Reporting

•

Proposal Generation

•

Proposal Generation

•

Lease-up Activity

•

Lease Negotiation

•

Broker Awareness

•

Activity Reporting

•

Networking

•

Activity Reporting

•

Strategy Implementation

•

Broker Awareness

•

•

Activity Reporting

Civic/Economic Development Contacts

•

Civic/Economic Development Contacts

Senior Vice President

Senior Vice President

OWNERSHIP MENTALITY

CREDIBLE PARTNERSHIP

Broker Associate

Team

CREATIVE HORSEPOWER

Bill Stockton Brian

NO CONFLICTS

TEAM ASSETS • Well respected in the brokerage community with many long-term brokerage relationships • Outstanding marketing and design team comprised of seasoned, award-winning personnel with a fresh outlook • Proven marketing campaigns and marketing collateral that get buildings leased and transactions closed

DID YOU KNOW?

DIFFERENT PERSPECTIVES

Bill was on the University of Colorado ski team.

Stockton survived a helicopter crash.

Brian played basketball for 4 years at The College of William and Mary.

Page 3

3.

CirclePoint one & two

Cassidy Turley Overview

Northwest Denver Listing Experience Water Street Building 2595 Canyon Blvd Boulder, Colorado 71,882 SF Westmoor Buildings 8 & 9 11300 & 11400 Westmoor Circle Westminster, Colorado 266,704 SF Church Ranch Blvd Bldg 2 & 4 10170 Church Ranch Way Westminster, Colorado 184,738 SF Silo Building 9035 Wadsworth Parkway Westminster, Colorado 60,736 SF

Current Northwest Market Listings Gaiam & Real Goods Solar 833 West South Boulder Road Louisville, Colorado Sublease: 15,000 SF

High-Profile Listing Experience Republic Plaza Owner: Brookfield Properties 1.25 million SF

Client: Building: Size:

17th Street Plaza Owner: JP Morgan 660,000 SF 1125 17th Street Owner: MetLife 480,000 SF US Bank Tower Owner: JLL & DLJ 499,000 SF Denver Centerpoint I Owner: Unico Properties 170,000 SF Governor’s Center II Owner: Colorado State Land Board 118,384 SF

Bottom Line

Bottom Line

We know the Northwest submarket.

We maximize service and value in high profile projects like CirclePoint I & II.

We have NO CONFLICTS OF INTERESTS.

Northwest Client Experience

We have an ownership mentality.

TekSystems Circlepoint I Westminster, Colorado 8,834 SF

Client: Sybase Building: 3665 Discovery Drive

Boulder, Colorado Size: 35,000

Client: Aerotek Building: TBD

Northwest Market, Colorado Size: 5,000 SF

Client: SunMicrosystems Building: Sun Microsystem Campus (Oracle) Size: 1,269,336 SF

Bottom Line

We know the competition and where the tenants are located.

Page 4

3.

CirclePoint

Property Management

one & two

Property Management Statistics Healthcare 3%

Retail 13%

Office 29%

Industrial 55%

• 136 million SF transitioned into the Cassidy Turley platform since 2010 • 3,100 leases abstracted or audited in 2011

Sample Client Transitions Since 2010

400 million SF managed portfolio on behalf of corporate, institutional and private clients Property Management Professionals PM MT CA AP

592 597 152 41

41 152 Client Accounting

Ancillary Personnel (concierge, etc.)

592 597

Maintenance Technicians

Property Management

Successful Partnerships

Transitions and Quality Control

RSF

Industrial

12,991,067

Industrial

12,028,993

Office / Industrial

8,849,544

Office

3,522,636

Office / Industrial / Retail

3,036,006

Office / Industrial

3,005,791

Sustainability by the Numbers •

100+ LEED Accredited Professionals

•

69 LEED Projects; 17 million SF

•

104 ENERGY STAR Buildings; 25.6 million SF

PM MT CA AP

Client Accounting

Properties, Ltd.

• 152 Client Accounting Associates •

Kingsley Associates Tenant Satisfaction Assessment Tenant survey results speak louder than words 2012 Results Denver Cassidy Turley

5 Accounting Systems - Yardi - MRI - Skyline - CTI - Timberline

• 5 years with an unqualified opinion - Annual

Service Organization Control (SOC 1) Report

Monthly Statistics

Kingsley Index 13,500

Rent Statements

30,500 Invoices

24,700

Checks Cut

Page 5

3.

CirclePoint one & two

CirclePoint Property Analysis Key Selling Points Architecture, Design, Construction and Location • The dramatic geometry of CirclePoint creates a distinctive office tower which is among the preeminent office properties in the Northwest submarket • Spectacular window line • 3 minute access from US 36 and Church Ranch • Central location between Boulder and Denver • RTD capital transit improvements: Bus Rapid Transit (BRT) adjacent to CirclePoint I & II • 14’ First floor and 12’ upper floor slab-to-slab ceiling heights • Outstanding mountain views • Highly efficient and flexible 30,000 SF floorplates; ideal for meeting the density and technological needs of today’s tenant • Energy Star • Showers and Lockers • Located few minutes from hotels (Westin, Double Tree, La Quinta, Spring Hill)

Management, Efficiency & Environmental Sensitivity • Parking: 4.7 : 1,000 parking ratio • Excellent on-site management • High speed fiber connectivity (Comast, CenturyLink and Level 3) Page 6

3.

CirclePoint one & two

CirclePoint Property Analysis

CHALLENGES

STRENGTHS

1. Stand-alone buildings – must drive to retail amenities

1.

Ownership

2.

“Outerlocken”; not located in Interlocken

2. Lobby of CirclePoint I is dated

3.

Views

3. Only office product on the north side of US 36

4.

Iconic buildings with strong design on US 36

4. Lack of adjacent development

5.

Showers and lockers

5. No covered parking

6.

Ceiling height and window line

7.

More competitive operating expenses and taxes

8.

Large floor plan

9.

Proximity to Westminster Promenade and The Shops at Walnut Creek

10. Easy and close access to entertainment venues (1st Bank Event Center, Westminster Promenade) 11. Airports Regional: Rocky Mountain Regional Airport

5 minutes International: Denver International Airport 30 minutes

Page 7

3.

CirclePoint one & two

Metro Denver Analysis

Market Demand • Interlocken, Church Ranch, Westmoor, “Outerlocken” and 120th Avenue Corridor are the first prospecting markets • Denver, CBD, Mid-town, Denver West, Golden and Boulder are the secondary prospecting markets • Best prospects by industry will include financial services, business services, technology, telecommunications and healthcare Metro Denver 2015 Tenant Targets with Expiring Leases 160 140

143

US Office Market Asking Rents

120

Q1 2013

YOY Growth

Q1 2013

YOY Growth

New York, NY

$61.71

11.03%

Salt Lake City, UT

$19.50

10.85%

Kansas City, MO

$18.05

0.95%

Chicago, IL

$24.81

-1.20%

Louisville, KY

$16.75

0.84%

Atlanta, GA

$18.70

San Jose-Silicon Valley, CA

$29.21

-1.22%

10.25%

Sacramento, CA

$19.92

0.61%

Buffalo-Niagara Falls, NY

$16.54

Austin-Round Rock, TX

-1.23%

$26.16

6.60%

Washington DC

$49.67

0.57%

Omaha, NE-IA

$16.72

-1.32%

Denver, CO

$21.13

6.23%

Philadelphia, PA

$23.29

0.46%

Tucson, AZ

$18.89

-1.38%

Houston, TX

$25.10

5.60%

New Orleans-Metairie-Kenner, LA

$15.03

0.40%

Oklahoma City, OK

$13.04

-1.59%

Westminster-Broomfield-Louisville, CO

$20.16

5.33%

San Antonio, TX

$19.59

0.32%

Long Island, NY

$25.67

-1.69%

Los Angeles, CA

$30.25

4.71%

Greenville, SC

$15.63

0.28%

Central New Jersey

$23.23

-2.44%

Dallas, TX

$20.08

4.69%

Rochester, NY

$13.91

0.20%

Cincinnati, OH

$18.02

-2.44%

Nashville, TN

$20.09

4.31%

Jacksonville, FL

$17.09

0.13%

Tampa-St. Petersburg-Clearwater, FL

$19.62

-2.68%

San Mateo County, CA

$40.44

3.37%

Suburban VA

$31.26

0.10%

Cleveland-Elyria-Mentor, OH

$17.51

-2.77%

Seattle-Tacoma-Bellevue, WA

$27.25

2.95%

Anaheim-Santa A, CA

$21.81

0.05%

Dayton, OH

$14.06

-2.77%

Oakland-East Bay, CA

$20.74

2.78%

Memphis, TN-MS-AR

$18.86

-0.02%

Raleigh, NC

$19.30

-2.97%

Colorado Springs, CO

$16.72

2.50%

Albuquerque, NM

$15.28

-0.18%

Orlando, FL

$19.07

-3.23%

Columbia, SC

$15.87

2.32%

Indianapolis, IN

$18.03

-0.33%

Fairfield, CT

$32.89

-3.66%

Columbus, OH

$18.77

2.29%

Wichita, KS

$11.87

-0.34%

Milwaukee, WI

$17.58

-3.83%

San Diego, CA

$27.24

2.25%

Miami-Dade, FL

$27.19

-0.45%

Knoxville, TN

$15.13

-4.72%

Portland-Vancouver-Beaverton, OR-WA

$20.90

2.20%

Hartford-West Hartford-East Hartford, CT

$18.97

-0.50%

Phoenix, AZ

$19.83

-4.80%

San Francisco, CA

$45.46

2.09%

Saint Louis, MO

$18.78

-0.53%

Minneapolis, MN

$23.45

-4.83%

Tulsa, OK

$15.97

1.78%

Greensboro-Winston-Salem, NC

$15.23

-0.75%

Las Vegas-Paradise, NV

$19.54

-6.40%

Little Rock-N. Little Rock, AR

$15.32

1.78%

Birmingham-Hoover, AL

$17.74

-0.98%

Boston-Cambridge, MA

$28.15

-9.37%

Baltimore, MD

$22.28

1.36%

Ft. Lauderdale, FL

$23.81

-0.99%

Charleston-North Charleston, SC

$16.80

-9.92%

Lexington-Fayette, KY

$15.71

1.24%

Pittsburgh, PA

$19.25

-1.06%

Honolulu, HI

$25.90

-10.01%

Charlotte, NC

$20.64

1.13%

Madison, WI

$17.06

-1.10%

Detroit-Warren-Livonia, MI

$16.30

-10.47%

Chattanooga, TN-GA

$15.19

0.99%

Syracuse, NY

$15.46

-1.17%

Suburban MD

$16.18

-39.69%

100 80 60

48

40 14

20 0 25-50K

50-100K Square Feet

100K +

Metro Denver 2016 Tenant Targets with Expiring Leases 160

152

140 120 100 80 59

60 40

16

20 0 25-50K

50-100K Square Feet

100K +

Q1 2013

YOY Growth

Source: Cassidy Turley Research

Page 8

3.

CirclePoint

Competing Properties

one & two

CirclePoint’s Competition

Building Name

Owner

Building Square Footage

Listing Firm / Agents

Current Vacancy %

Major Tenants

CirclePoint I

Northridge

121,461

CBRE/ Phenicie/Ayers

49,925

41.10%

Booyah Networks, KeyBank

CirclePoint II

Northridge

151,412

CBRE/ Phenicie/Ayers

121,826

80.46%

TEKSystems

Eldorado Ridge I

Lowe Enterprises

110,000

CBRE / Phenicie/Ayers

22,738

20.67%

Alticast, Office Evolutions

Eldorado Ridge II

Lowe Enterprises

106,628

CBRE / Phenicie/Ayers

29,865

28.01%

RES Americas

Eldorado Ridge III

Lowe Enterprises

110,000

CBRE / Phenicie/Ayers

50,258

45.69%

OpenLogic, Inc

370 Interlocken

Legacy Partners

150,656

CBRE / Phenicie/Ayers

33,275

22.09%

MWH Americas, Inc

380 Interlocken

Franklin Street Properties

206,477

CBRE / Phenicie/Ayers

38,509

18.65%

MWH Americas, Inc, Vmware, OMNI Financial Services

385 Interlocken

Franklin Street Properties

297,682

CBRE / Phenicie/Ayers

137,446

46.17%

WebRoot, Sybase, Cloud Peak Energy

390 Interlocken

Franklin Street Properties

241,516

CBRE / Phenicie/Ayers

86,657

35.88%

Vail Resorts

EOS

Hines

186,231

CBRE / Phenicie/Ayers

186,231

100.00%

N/A

Church Ranch Building II

CW Capital Asset Management

63,057

CBRE / Phenicie/Ayers

21,292

33.77%

Westwood College

Church Ranch Building IV

CW Capital Asset Management

121,681

CBRE / Phenicie/Ayers

34,668

28.49%

PSA Security Network, Lafarge, Inc

Westmoor I

CBRE Investors

83,238

CBRE / Kelley/Harris

1,458

1.75%

Ball Aerospace and Technology

Westmoor II

CBRE Investors

83,238

CBRE / Kelley/Harris

0

0.00%

Ball Corporation, Datalogix

Westmoor III

CBRE Investors

97,922

CBRE / Kelley/Harris

2,788

2.85%

Reed Group

Westmoor IV

CBRE Investors

97,922

CBRE / Kelley/Harris

97,922

100.00%

N/A

Westmoor V

CBRE Investors

125,285

CBRE / Kelley/Harris

0

0.00%

Lender Processing Services

Westmoor VI

CBRE Investors

125,285

CBRE / Kelley/Harris

51,041

40.74%

Tandberg Data

Westmoor VII

Scottrade

204,387

Scottrade

20,746

10.15%

Scottrade

Westmoor VIII

Investcorp

133,352

CBRE / Kelley/Harris

25,079

18.81%

BT Conferencing, General Dynamics

Westmoor IX

Investcorp

133,352

CBRE / Kelley/Harris

0

0.00%

LGS Innovations

Westmoor X

Investcorp

161,325

CBRE / Kelley/Harris

11,367

7.05%

McKesson

5775 Flatiron Pky

Crown-West Realty

96,608

CBRE / Kelley/Harris

18,546

19.20%

CH2M Hill

575 Interlocken*

Granite Properties

180,000

CBRE / Kelley/Harris

180,000

100.00%

Proposed

363 Centennial

Opus

62,877

CBRE / Kelley/Harris

9,248

14.71%

AWR Corp

285 Century

Westcore Properties

69,145

CBRE / Kelley/Harris

3,083

4.46%

Plexus Corporation

1157 W Century Drive

BLC Properties

36,444

CBRE / Kelley/Harris

36,444

100.00%

N/A

Horizon Terrace

Global Pacific Properties

90,094

CBRE / Kelley/Harris

29,356

32.58%

Taylor Kohrs

12110 Pecos

Morrison Street Capital

55,605

CBRE / Kelley/Harris

9,928

17.85%

Verint Systems

12050 Pecos

Prime West Development

50,000

CBRE / Kelley/Harris

6,048

12.10%

GlobaLinks Learning

1499 W 121st Ave

Morrison Street Capital

58,033

CBRE / Kelley/Harris

29,553

50.92%

Education Sales Management

CirclePoint III*

Catellus Development

186,000

CBRE / Kelley/Harris

186,000

100.00%

Proposed

1,531,297

38.31%

Subtotal

3,996,913 Mountain View I

Westfield

114,908

Newmark / Caselton/Garel

51,304

44.65%

Audubon, Regus

Mountain View II

Westfield

94,582

Newmark / Caselton/Garel

0

0.00%

Time Warner Cable, Motorola, Cisco

Mountain View III

Westfield

114,908

Newmark / Caselton/Garel

8,013

6.97%

TransFirst

Mountain View IV

Westfield

137,040

Newmark / Caselton/Garel

0

0.00%

WhiteWave Foods

329 Interlocken

CountrySide Asset Management

42,467

Newmark / Caselton/Garel

42,467

100.00%

N/A

335 Interlocken Pky

CountrySide Asset Management

70,793

Newmark / Caselton/Garel

70,793

100.00%

N/A

172,577

30.03%

Subtotal

574,698 The Views I

Semaho, Inc

168,000

JLL / Misner/Heath

2,354

1.40%

Urban Lending Solutions

The Views II

Semaho, Inc

168,000

JLL / Misner/Heath

0

0.00%

Urban Lending Solutions, Zoll Data Management

Arista

Weins

111,564

JLL / Misner/Heath

0

0.00%

ReturnPath, Famous Brands, Craftworks

Arista 2*

Weins

105,288

JLL / Misner/Heath

105,288

100.00%

Proposed

Thornton Data Center

Morgan Reed Group

232,883

JLL / Misner/Heath

232,883

100.00%

N/A

Chase Bank Building

Chase Bank

38,892

JLL / Misner/Heath

12,026

30.92%

Chase Bank

Compass Bank Building

1660 Corporation

29,826

JLL / Misner/Heath

18,696

62.68%

Compass Bank

371,247

43.45%

Subtotal

Subtotal

Current Vacancy SF

854,453 Superior Point North

Countryside Asset Management

91,448

Cassidy Turley / Ball

7,741

8.46%

KeyBank

Superior Point South

Countryside Asset Management

62,751

Cassidy Turley / Ball

11,876

18.93%

SDL International, EchoStar

19,617

12.72%

154,199

Page 9

3.

CirclePoint one & two

Pricing Strategy and Proposed Commissions

Pricing • Northwest competing proposals will feature $13-$22 net start rents with a negotiable tenant improvement allowance that may range from paint and carpet ($6.00/SF) to a complete new buildout of space • Cassidy Turley recommends $.50 to $.75 annual increases (or 3.5%-4.5%) contingent upon term, tenant credit, size and deal cost

Schedule of Quoted Commissions COOPERATING BROKER

COMMISSION

Cassidy Turley New Deals and Expansions $1.00/SF per year up to $5.00 on a 5-year term Additionally, $.50/SF per year on years 6-10 None Cassidy Turley Renewals $.50/SF per year up to $2.50 on a 5-year term

• Lease terms of 5 to 10 years

Additionally, $.25/SF per year on years 6-10 Cassidy Turley $.50/SF per year up to $2.50/SF on a 5-year term Additionally, $.25/SF per year on years 6-10 Yes Cooperating Broker $1.00/SF per year up to $5.00 on a 5-year term Additionally, $.50/SF per year on years 6-10

Page 10

3.

CirclePoint one & two

Marketing Approach

Westminster’s Premier Office Park: Comprehensive 3-Pronged Marketing Approach

1 Tenants Neighborhood Prospects • • • •

Westminster, Broomfield, Boulder, Thornton and Denver In-person canvassing Cold calling Direct mail

3

2 Brokers Top 75 Open House

Phased Marketing • Invitation to open house on vacant floor • Postcards and email blasts

Civic

Economic Development • Metro Denver EDC • Metro Chamber • City of Westminster Economic Development Partnership • Governor Hickenlooper

Public Marketing • • • • •

DBJ/Denver Post On-site signage Neighborhood newsletters Billboards US 36 signage

Trade Associations • • • • •

Colorado Technology Association Aerospace Industry Association Colorado Oil and Gas Association Colorado Society of CPAs Colorado Bar Association

Page 11

3.

CirclePoint one & two

Marketing Approach

Broker Promotion Strategies

1

Top 75 Broker Direct Marketing ¡¡ CirclePoint floor party ¡¡ Top 75 brokers that will most likely bring deals ¡¡ Individual meetings with brokers that can’t attend

Brady Alshouse Ryan Arnold Greg Bante Steve Billigmeier JR Bitzer John Bitzer Andrew Blaustein Patrick Bolick Tim Bourdelais Matt Brower Lindsay Brown Bill Byrne Brad Calbert Tim Callahan Eric Carlbom Sergio Castaneda Jeff Castleton Scott Churchley Andy Cullen Richard Damm Matt Davidson Sam DePizzol Lee Diamond Bruce Dodge Rick Door Barry Dorfman Brendan Fisher Victor Frandsen Jamie Gard Scott Garel Ken Gooden Jim Greene Michael Gregory Alex Hammerstein Tim Harrington Ted Harris Lucas Hayes Duncan Heitman Paul Herzog Candis Hewitt Joe Hollister

Greg Holm Bruce Johnson David Johnson Nathan Johnson Frank Kelley Chad Kollar Tom Lee Tom Lepry Ralph Lidge Robert Link, Jr. Marc Lunde Bill Maher John Marold Dan McGowan Jim McGrath Brett Nathan Donald Oberndorf Thomas Pappas Nicholas Pavlakovich Scott Peterson Darrin Revious John Reynolds Ty Ritchie Todd Roebken Brad Rollins Mike Rooks Joe Sigdestad Joe Solarte Peter Staab Craig Strazza Gary Taylor Peter Thomas Richard Tinkham Jim Tyler Jim Wachholz David Welker Brian Wells Todd Wheeler Robert Whittelsey Jim Wonhof Peter Wycoff

rs

oke r B ver n e D 5 7 Top

Page 12

3.

CirclePoint 1.

1.

one & two

Marketing Approach | Collateral

2.

CirclePoint CirclePoint

CirclePoint

2.

ONE & TWO

one & two

CirclePoint one & two

ONE & TWO

Direct Tenant Prospecting: Mailers and Deliverables 1.

2.

CirclePoint

CirclePoint one & two

ONE & TWO

3.

CirclePoint

3.

one & two

CirclePoint one & two

3.

1.

1.

Guess where Westminster’s CirclePoint best Guess hot where spot is? one & two Westminster’s CirclePoint best hot spot is? one & two CirclePoint has direct access

2.

CirclePoint

2.

ONE & TWO

CirclePoint ONE & TWO

to US 36, is near abundant retail andCirclePoint has a parking hasratio directofaccess 1.

5 :to1,000. also liesabundant directly retail US 36,It is near between Boulder and ratio Denver. and has a parking of 5 : 1,000. It also lies directly between Boulder and Denver.

3.

CirclePoint

3.

one & two Westminster, Colorado

CirclePoint

Do you have views of this?

1.

CirclePoint one & two

2.

CirclePoint

2.

CirclePoint one & two

ONE & TWO

CirclePoint

CirclePoint one & two

ONE & TWO

Or this?

Walk or Bike to Work?

Call to find out why CirclePoint is your best new Class A office building choice!

Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202

1.

Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202

2.

CirclePoint

one & two

ONE & TWO

3.

Westminster, Colorado

CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.

3.

CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, Incredible 30,000 floorplates in and an efficient layout a •movie theatre, severalRSF shopping malls much more.

• Outstanding mountain views • Incredible Just 2 minutes fromRSF USfloorplates 36 and Church • 30,000 in an Ranch efficientBoulevard layout • Outstanding On-site property management • mountain views • Just Showers and lockers • 2 minutes from US 36 and Church Ranch Boulevard • On-site property management

CirclePoint

CirclePoint

Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202

one & two

one & two Westminster, Colorado

CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.

3.

• Showers and lockers • Incredible 30,000 RSF floorplates in an efficient layout Bill Lucas

Stockton Baker

Brian Hutt

bill.lucas@cassidyturley.com

stockton.baker@cassidyturley.com

brian.hutt@cassidyturley.com

Sr. Vice President Sr. Vice President FOR MORE INFORMATION, PLEASE303.312.4280 CONTACT 303.312.4239

CirclePoint

• Outstanding mountain views

FOR MORE INFORMATION, PLEASE CONTACT

Broker Associate 303.312.4276

Bill Lucas

Stockton Baker

Brian Hutt

bill.lucas@cassidyturley.com

stockton.baker@cassidyturley.com

brian.hutt@cassidyturley.com

You can do either at CirclePoint with 85 miles CirclePoint of bike trails connecting one & two riders from Denver to Boulder, Arvada to Thornton.

The building lockers and showers make the commute easy and enjoyable.

Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 Denver, CO 80202

one & two Westminster, Colorado

• Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management • Showers and lockers

CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.

Sr. Vice President Sr. Vice The statements contained herein, while not guaranteed, are President from sources we believe reliable. Price,Broker terms andAssociate information subject to change.

303.312.4239 303.312.4280 303.312.4276

• Incredible 30,000 RSF floorplates in an efficient layout

The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.

FOR MORE INFORMATION, PLEASE CONTACT

Bill Lucas

Stockton Baker

Brian Hutt

bill.lucas@cassidyturley.com

stockton.baker@cassidyturley.com

brian.hutt@cassidyturley.com

Sr. Vice President 303.312.4239

Sr. Vice President 303.312.4280

Broker Associate 303.312.4276

• Outstanding mountain views • Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management • Showers and lockers

The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.

Page 13 FOR MORE INFORMATION, PLEASE CONTACT

Bill Lucas

Sr. Vice President

Stockton Baker Sr. Vice President

Brian Hutt

Broker Associate

3.

CirclePoint one & two

Marketing Approach | Collateral

1.

2.

CirclePoint

CirclePoi one & two

ONE & TWO

Direct Tenant Prospecting

A Bold Re-Entry into the Market

1.

Property Brochures

2.

CirclePoint

CirclePoint one & two

Postcard Campaign ONE & TWO

Email Blasts

The Lucas-Baker-Hutt Team strongly recommends a bold re-entry back into the Northwest leasing submarket via a property re-brand and a saturation campaign.

3.

CirclePoint one & two

1.

2.

CirclePoint 2.

1.

CirclePoint Guess where one & two

ONE & TWO

CirclePoint

CirclePoint one & two

ONE & TWO

Westminster’s best hot spot is?

Some possible logo concepts and color palettes:

CirclePoint has direct access to US 36, is near abundant retail and has a parking ratio of 5 : 1,000. It also lies directly between Boulder and Denver.

3.

3.

one &

CirclePoint

Cassidy Turley Colorado 1515 Arapahoe Street, Suite 1200 two Denver, CO 80202

one & two Westminster, Colorado

Guess where Westminster ’s best hot spot is?

CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.

1.

2.

CirclePoint

CirclePoint

• Incredible 30,000 RSF floorplates in an efficient layout ONE & TWO

one & two

• Outstanding mountain views

access CirclePoint has direct nt retail to US 36, is near abunda of and has a parking ratio directly 5 : 1,000. It also lies Denver. between Boulder and

• Just 2 minutes from US 36 and Church Ranch Boulevard • Showers and lockers

FOR MORE INFORMATION, PLEASE CONTACT

Bill Lucas

Stockton Baker

Stockton Baker

Bill Lucas

Sr. Vice President 303.312.4239

Sr. Vice President 303.312.4280

ey.com

william.lucas@cassidyturl

rley.com stockton.baker@cassidytu

ONE & TWO

bill.lucas@cassidyturley.com

Brian Hutt

Broker Associate 303.312.4276

one & two

2.

Brian Hutt

3.

CirclePoint

Sr. Vice President 303.312.4239

CirclePoint

Or this?

Call to find out why CirclePoint is your best new Class A office building choice!

• On-site property management

1.

TION, PLEASE CONTACT FOR MORE INFORMA

3.

Do you have views of this?

CirclePoint

CirclePoint

Sr. Vice President 303.312.4280

stockton.baker@cassidyturley.com

Broker Associate Turley Colorado 303.312.4276 one &Cassidy two

1515 Arapahoe Street, Suite 1200 brian.hutt@cassidyturley.com

Denver, CO 80202

CirclePoint

The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.

one & two Westminster, Colorado

com

brian.hutt@cassidyturley.

CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.

1.

2.

• Incredible 30,000 RSF floorplates in an efficient layout

CirclePoint • Outstanding mountain views ONE & TWO

3.

Walk or Bike to Work?

You can do either at CirclePoint with 85 miles

CirclePoint of bike trails connecting one & two

• Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management

• Showers and lockers CirclePoint one & two

riders from Denver to Boulder, Arvada to Thornton.

The building lockers and showers make the commute easy and enjoyable.

FOR MORE INFORMATION, PLEASE CONTACT

Bill Lucas

3.

1.

ONE & TWO

Virtual Tour

Brian Hutt

Sr. Vice President 303.312.4280

Broker Associate 303.312.4276

bill.lucas@cassidyturley.com

stockton.baker@cassidyturley.com

brian.hutt@cassidyturley.com

1.

CirclePoint

2.

CirclePoint

Stockton Baker

Sr. Vice President 303.312.4239

Cassidy Turley Colorado 1515 Street, 1200 The statements contained herein, while not guaranteed, areArapahoe from sources we Suite believe reliable. Price, terms and information subject to change.

Denver, CO 80202

one & two

2.

Westminster, Colorado

CirclePoint one & two

CirclePoint

CirclePoint is walking distance from multiple restaurants, hotels, 2 ice rinks, a movie theatre, several shopping malls and much more.

Placemats

• Incredible 30,000 RSF floorplates in an efficient layout • Outstanding mountain views

ONE & TWO

• Just 2 minutes from US 36 and Church Ranch Boulevard • On-site property management • Showers and lockers

201 Saint Paul Street FOR MORE INFORMATION, PLEASE CONTACT

Bill Lucas

Sr. Vice President

Stockton Baker Sr. Vice President

CHERRY CREEK 303.312.4239 NORTH AT YOUR DOORSTEP 303.312.4280 bill.lucas@cassidyturley.com

stockton.baker@cassidyturley.com

Cherry Creek North

CirclePoi one & two

201

215

Brian Hutt

Broker Associate 303.312.4276

SUPERIOR QUALITY & FUNCTIONALITY

brian.hutt@cassidyturley.com

The statements contained herein, while not guaranteed, are from sources we believe reliable. Price, terms and information subject to change.

3.

CirclePoint

T ELEV LOBBY

one & two

W

E

M

19,596 RSF

1.

2.

EXCEPTIONAL ON-SITE SERVICES

EXTRAORDINARY VIEWS

0

10

20 FT

TYPICAL SINGLE-TENANT LAYOUT

MAY 25, 2011 #11780

© 2011 HKS INC.

CirclePoint

CirclePoint one & two

ONE & TWO

3.

CirclePoint one & two

Page 14

3.

CirclePoint one & two

Why Partner with Cassidy Turley?

GOAL: Elevate CirclePoint I & II Above the Competition OBJECTIVES

Sell Challenges as Strengths

88,134 SF at $15.00+/SF Net

Achieve Favorable Deal Terms

ACTIONS • Sell unequaled benefits of CirclePoint’s location • On-site property management • Dual prospecting by geography and industry provides optimal chance of leasing success

• No conflicts of interest with competing listings or with developer commitments ... we think like owners!

• Two veterans assures credibility, experience and necessary senior broker relationships

Multi-Generational Team Sees All Angles

• One very bright and energetic junior broker from Wheat Ridge, ready to connect with young decision makers and hit the streets • Our current listing base promises that we have up-to-the-minute leasing knowledge in multiple submarkets • Northridge Capital is a trusted and well respected owner • We have the necessary civic and economic development relationships to get an audience to win deals

Credible Partnership

• Our cooperating broker relationships are second-to-none • We see deals because other brokers like, respect and trust us

Page 15

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3.

CirclePoint one & two

CirclePoint one & two