Investor Presentaiton
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(2)
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APPENDIX: PROPERTY OVERVIEW
Annualized
Metropolitan
Area
Phoenix, AZ
Property
Pima Center
Economic
NRA
In Place
Base Rent
Annualized
Gross Rent
Annualized
Base Rent
Interest
(000s SF) Occupancy
per SF
per SF1
(000s)2
100.0%
272
71.7%
$28.62
$28.62
$5,580
San Tan
100.0%
267
96.5%
$29.77
$29.77
$7,660
5090 N 40th St
100.0%
176
91.1%
$30.86
$30.86
$4,937
CITY OFFICE REIT
Largest Tenant by NRA
First American Title Insurance
Toyota Motor Credit Corporation
Bar-S-Foods Co.
Camelback Square
100.0%
172
82.5%
$32.86
$32.86
$4,654
Digital Air Strike
The Quad
100.0%
163
97.4%
$30.81
$31.13
$4,891
Papago Tech
100.0%
163
97.4%
$23.68
$23.68
$3,754
Tampa, FL
Park Tower
94.8%
472
72.9%
$26.69
$26.69
$9,195
City Center
95.0%
244
80.7%
$28.01
$28.01
$5,521
Intellicenter
100.0%
204
100.0%
$25.09
$25.09
$5,105
Opendoor Labs, Inc.
Regional Acceptance Corp.
GSA US Attorneys Office
Kobie Marketing, Inc.
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%
$23.77
$27.88
$8,347
Jackson National Life Insurance Company
Circle Point
100.0%
272
75.4%
$19.32
$33.18
$3,964
Epsilon Data Management, LLC
Superior Pointe
100.0%
152
86.9%
$18.80
$31.80
$2,478
KeyBank National Association
Orlando, FL
Florida Research Park
96.6%
397
79.9%
$25.27
$27.22
$7,932
Sedgwick Claims
Central Fairwinds
97.0%
168
91.4%
$27.10
$27.10
$4,167
Greenwood Blvd
100.0%
155
100.0%
$24.25
$24.25
$3,760
Dallas, TX
190 Office Center
100.0%
303
76.1%
$27.12
$27.12
$6,260
The Terraces
100.0%
173
95.9%
$37.75
$57.75
$6,249
Fairwinds Credit Union
HF Management Services LLC
United Healthcare Services, Inc.
WeWork
2525 McKinnon
100.0%
111
93.0%
$29.16
$48.16
$3,019
The Retail Connection
Portland, OR
AmberGlen
76.0%
203
98.4%
$23.32
$26.22
$4,648
Planar Systems, Inc.
Cascade Station
100.0%
128
100.0%
$28.40
$30.32
$3,638
Wells Fargo Bank, N.A.
San Diego, CA
Mission City
100.0%
281
86.5%
$37.70
$37.70
$9,173
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
5,188
87.5%
$27.24
$30.24
$123,389
Raleigh, NC
Bloc 83
100.0%
495
62.3%
$36.32
$37.08
$11,191
Envestnet Asset Mgmt
Phoenix, AZ
Block 23
100.0%
307
87.0%
$29.25
$31.69
$7,818
Western Alliance Bank
Total/Weighted Average - Excl Sales-Type Lease
5,990
85.4%
$27.89
$30.73
$142,398
Dallas, TX
4
Lake Vista Pointe'
100.0%
163
100.0%
$17.00
$26.00
$2,777
Ally Financial Inc.
Total/Weighted Average - March 31, 2022
6,153
85.7%
$27.56
$30.58
$145,175
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 March 31, 2022 by (ii) 12
Averages weighted based on the property's NRA, adjusted for occupancy. Including contracted leases, occupancy was 80.7% at Bloc 83 and 94.5% at Block 23 as of March 31, 2022
Lake Vista Pointe property was under contract for sale as of March 31, 2022, scheduled to close June 2022
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