Investor Presentaiton
APPENDIX: PROPERTY OVERVIEW
Annualized
Annualized Annualized
Metropolitan
Area
Phoenix, AZ
Economic
NRA
In Place
Base Rent
Gross Rent
Base Rent
Property
Interest
(000s SF) Occupancy
per SF
per SF1
(000s)²
Block 23
100.0%
307
94.0%
$29.63
$31.88
$8,552
Pima Center
100.0%
272
63.9%
$28.63
$28.63
$4,976
CITY OFFICE REIT
Largest Tenant by NRA
Western Alliance Bank
First American Title Insurance
San Tan
100.0%
267
96.5%
$30.10
$30.10
$7,746
Toyota Motor Credit Corporation
5090 N 40th St
100.0%
176
95.4%
$31.88
$31.88
$5,335
Bar-S-Foods Co.
Camelback Square
100.0%
172
69.9%
$33.56
$33.56
$4,026
Digital Air Strike
The Quad
100.0%
163
100.0%
$31.15
$31.46
$5,078
Papago Tech
100.0%
163
86.1%
$23.39
$23.39
$3,277
Tampa, FL
Park Tower
94.8%
478
86.4%
$27.27
$27.27
$11,253
Opendoor Labs, Inc.
Regional Acceptance Corp.
GSA US Attorneys Office
City Center
95.0%
245
85.0%
$27.84
$27.84
$5,791
Kobie Marketing, Inc.
Intellicenter
100.0%
204
100.0%
$25.64
$25.64
$5,219
H. Lee Moffitt Cancer Center
Carillon Point
100.0%
124
100.0%
$29.52
$29.52
$3,666
Paychex, Inc.
Denver, CO
Denver Tech
100.0%
381
93.2%
$23.98
$28.08
$8,425
Jackson National Life Insurance Company
Circle Point
100.0%
272
75.4%
$19.42
$33.28
$3,984
Epsilon Data Management, LLC
Superior Pointe
100.0%
152
91.3%
$18.77
$31.77
$2,609
KeyBank National Association
Orlando, FL
Florida Research Park
96.5%
393
80.7%
$25.37
$27.34
$7,973
Sedgwick Claims
Central Fairwinds
97.0%
168
94.6%
$27.26
$27.26
$4,337
Greenwood Blvd
100.0%
155
100.0%
$24.25
$24.25
$3,760
Dallas, TX
190 Office Center
100.0%
303
75.5%
$27.11
$27.11
$6,210
The Terraces
100.0%
173
95.9%
$37.99
$57.99
$6,290
Fairwinds Credit Union
HF Management Services LLC
United Healthcare Services, Inc.
WeWork
2525 McKinnon
100.0%
111
93.0%
$27.05
$46.05
$2,801
The Retail Connection
Portland, OR
AmberGlen
76.0%
203
98.4%
$23.55
$26.45
$4,695
Planar Systems, Inc.
Cascade Station
100.0%
128
100.0%
$28.77
$30.68
$3,685
Wells Fargo Bank, N.A.
San Diego, CA
Mission City
100.0%
281
88.0%
$38.24
$38.24
$9,466
Willis Towers Watson
Seattle, WA
Canyon Park
100.0%
207
100.0%
$23.17
$27.17
$4,791
Seattle Genetics Inc.
Total / Weighted Average - Excl Acquisitions in Lease-Up³
5,498
88.6%
$27.54
$30.49
Raleigh, NC
Bloc 83
Total/Weighted Average - June 30, 2022
100.0%
495
68.3%
$37.03
$37.12
$133,945
$12,527
Envestnet Asset Mgmt
5,993
86.9%
$28.16
$30.92
$146,472
(1)
(2)
Annualized gross rent per square foot includes adjustment for estimated expense reimbursements of triple net leases
Annualized base rent is calculated by multiplying (i) rental payments (defined as cash rents before abatements) for the month ended June 30, 2022 by (ii) 12.
(3)
Averages weighted based on the property's NRA, adjusted for occupancy. Including contracted leases, occupancy was 85.2% at Bloc 83 as of June 30, 2022
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