Office Space Availability

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1 PREPARED FOR: Village of Glenview Office Space Availability PREPARED BY: U.S. Equities Realty 20 N Michigan Ave, Suite 400 Chicago, IL Andy Norman Vice President (312) (phone) (312) (fax) ANorman@usequities.com

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3 Commercial Way - Dearlove Office Medical Center Building Type: Class C Office Space Avail: 6,875 SF Building Status: Built 1970 Max Contig: 2,500 SF Building Size: 37,500 SF Smallest Space: 625 SF Typical Floor Size: 37,500 SF Rent/SF/Yr: $ $12.00/fs % Leased: 81.7% Parking: 50 Surface Spaces are available Leasing Company: Sperry Van Ness / (312) Sperry Van Ness / Marla Forbes (312) ,875 SF (625-2,500 SF) Compass Rd - Prairie Glen Medical Office Building A - Prairie Glen Corp Campus /Medical Space Avail: 3,453 SF Building Status: Built Oct 2003 Max Contig: 1,953 SF Building Size: 30,000 SF Smallest Space: 1,500 SF Typical Floor Size: 30,000 SF Rent/SF/Yr: $ $30.40/nnn % Leased: 95.0% Expenses: 2013 $8.33/sf, 2012 Est $7.43/sf; 2013 $5.97/sf, 2012 Est $5.23/sf Parking: 147 Surface Spaces are available Sublet Contact: Waveland Property Group / Jeff Clousing (630) X ,500 SF (1,500 SF) Forefront Properties, LLC. / David LeCavalier (847) Joshua Lapins (224) ,953 SF (1,953 SF) Compass Rd - Compass Rd Medical Office Center - Prairie Glen Corp Campus Building Type: Class A Office/Medical Space Avail: 4,609 SF Building Status: Built 2009 Max Contig: 2,659 SF Building Size: 35,803 SF Smallest Space: 1,950 SF Typical Floor Size: 35,803 SF Rent/SF/Yr: $ $30.00/nnn % Leased: 87.1% Expenses: 2012 $4.50/sf; 2012 $7.25/sf MB Real Estate / Kelsey Karp (312) ,609 SF (1,950-2,659 SF) Page 2

4 Glenview Rd /Medical Space Avail: 2,424 SF Building Status: Built 1963 Max Contig: 1,476 SF Building Size: 25,811 SF Smallest Space: 948 SF Typical Floor Size: 14,666 SF Rent/SF/Yr: $ Stories: 2 $34.15 % Leased: 96.3% Expenses: 2011 $5.31/sf, 2012 Est $3.87/sf; 2012 Est $2.13/sf Parking: 63 free Surface Spaces are available CCLIP / Jean-Marie Freise (847) ,424 SF (948-1,476 SF) 5 1 Kraft Ct - West Building Type: Class C Office Space Avail: 235,974 SF Building Status: Existing Max Contig: 235,974 SF Building Size: 235,978 SF Smallest Space: 39,329 SF Typical Floor Size: 39,329 SF Stories: 6 % Leased: 100% Expenses: 2011 $5.31/sf Parking: 1423 free Surface Spaces are available For Sale: For Sale as part of a portfolio of 2 properties - Active Cushman & Wakefield, Inc.: Ned Franke (312) , Steven Holmberg (312) Cushman & Wakefield, Inc.: Christopher R. Porter (847) Cushman & Wakefield, Inc. / Ned Franke (312) / Steven Holmberg (312) ,974 SF (39,329 SF) 6 1 Kraft Ct - North Space Avail: 252,420 SF Building Status: Existing Max Contig: 252,420 SF Building Size: 252,420 SF Smallest Space: 84,140 SF Typical Floor Size: 84,140 SF % Leased: 100% For Sale: For Sale as part of a portfolio of 2 properties - Active Cushman & Wakefield, Inc.: Ned Franke (312) , Steven Holmberg (312) Cushman & Wakefield, Inc.: Christopher R. Porter (847) Cushman & Wakefield, Inc. / Ned Franke (312) / Steven Holmberg (312) ,420 SF (84,140 SF) Page 3

5 E Lake St Space Avail: 1,973 SF Building Status: Built 1970 Max Contig: 1,431 SF Building Size: 55,200 SF Smallest Space: 202 SF Typical Floor Size: 13,800 SF Rent/SF/Yr: $26.00/fs Stories: 4 % Leased: 96.4% Expenses: 2010 $3.18/sf Parking: 100 free Surface Spaces are available Summit Real Estate Investments, Inc. / Marc Harris (773) X ,973 SF (202-1,431 SF) W Lake Ave - Glenlake Professional Bldg /Medical Space Avail: 21,790 SF Building Status: Built 1980 Max Contig: 3,820 SF Building Size: 92,044 SF Smallest Space: 250 SF Typical Floor Size: 16,781 SF Rent/SF/Yr: $ Stories: 5 $25.00 % Leased: 76.3% Expenses: 2011 $3.80/sf; 2006 Combined Est $7.51/sf Parking: Ratio of 3.18/1,000 SF Jones Lang LaSalle / Douglas Shehan (773) ,790 SF (250-3,820 SF) W Lake Ave - Pioneer Press Bldg Space Avail: 9,946 SF Building Status: Built Jan 1972 Max Contig: 5,261 SF Building Size: 41,501 SF Smallest Space: 4,685 SF Typical Floor Size: 12,852 SF Rent/SF/Yr: $14.50/nnn % Leased: 76.0% Expenses: 2013 $3.44/sf Parking: 195 Surface Spaces are available; Ratio of 5.00/1,000 SF For Sale: For Sale - Active Real Estate Consultants, Inc.: Mark Vavruska (630) X2102, James A. Hopkins (630) X2103 Real Estate Consultants, Inc. / Mark Vavruska (630) X ,946 SF (4,685-5,261 SF) Page 4

6 W Lake Ave Space Avail: 7,001 SF Building Status: Built 1976 Max Contig: 2,777 SF Building Size: 40,575 SF Smallest Space: 1,662 SF Typical Floor Size: 13,143 SF % Leased: 82.8% Expenses: 2011 $5.04/sf; 1994 $3.80/sf Parking: Ratio of 4.00/1,000 SF Jones Lang LaSalle / Daniel Fernitz (773) / Douglas Shehan (773) / Sheila Pickert (773) ,001 SF (1,662-2,777 SF) W Lake Ave W Lake Ave & Milwaukee Ave Space Avail: 35,188 SF Building Status: Built 1984 Max Contig: 35,188 SF Building Size: 35,188 SF Smallest Space: 35,188 SF Typical Floor Size: 35,188 SF % Leased: 100% Expenses: 2012 $4.97/sf Parking: 180 Surface Spaces are available; Ratio of 5.34/1,000 SF For Sale: For Sale at $3,900,000 ($110.83/SF) - Active CBRE: Gregg F. Witt (312) CBRE: Kevin Clifton (847) CBRE / F.Gregg F. Witt (312) ,188 SF (35,188 SF) Milwaukee Ave - Glenview Office Center Building Type: Class C Office Space Avail: 4,002 SF Building Status: Built 1968 Max Contig: 350 SF Building Size: 8,950 SF Smallest Space: 109 SF Typical Floor Size: 4,475 SF Rent/SF/Yr: $ Stories: 2 $54.05 % Leased: 59.2% Expenses: 2011 $3.46/sf, 2011 Est $2.68/sf; 2010 $7.71/sf, 2011 Est $7.71/sf Parking: 40 free Surface Spaces are available Sayegh Real Estate / Joseph Sayegh (847) ,002 SF ( SF) Page 5

7 Milwaukee Ave - AON Office Building Building Type: Class A Office Space Avail: 412,409 SF Building Status: Built 1975 Max Contig: 238,330 SF Building Size: 412,409 SF Smallest Space: 20,659 SF Typical Floor Size: 67,507 SF Rent/SF/Yr: $ Stories: 6 $20.00 % Leased: 100% Expenses: 2011 $5.81/sf, 2013 Est $5.96/sf; 2007 $17.90/sf, 2013 Est $8.95/sf Parking: 1587 free Surface Spaces are available; Ratio of 5.00/1,000 SF Sublet Contact: Colliers International / R.Francis R. Prock (847) / Steve Kling (847) ,169 SF (20,659-60,843 SF) Jones Lang LaSalle / Andrea Van Gelder (312) Kellen Monti (312) ,330 SF (55,801-60,843 SF) Jones Lang LaSalle / Daniel Fernitz (773) Sheila Pickert (773) ,659 SF (20,659 SF) Milwaukee Ave - Pinestone Office/Medical Center /Medical Space Avail: 23,550 SF Building Status: Built 1984 Max Contig: 5,243 SF Building Size: 46,800 SF Smallest Space: 576 SF Typical Floor Size: 15,600 SF Rent/SF/Yr: $ $23.00/te % Leased: 49.7% Expenses: 2011 $0.74/sf; 2010 $7.50/sf Parking: 200 Surface Spaces are available Pine Stone Properties LLC / Janet Kim (847) / Mia Lee (847) ,550 SF (576-5,243 SF) Patriot Blvd - Prairie Glen Corporate Campus - Prairie Glen Corp Campus Building Type: Class A Office Building Status: Proposed Building Size: 150,000 SF Typical Floor Size: 50,000 SF Stories: 4 Parking: Ratio of 4.93/1,000 SF For Sale: For Sale - Active Space Avail: 150,000 SF Max Contig: 150,000 SF Smallest Space: 25,000 SF % Leased: 0% CBRE: Michael Whisler (847) CBRE: Robert Graham (847) CBRE / Michael Whisler (847) ,000 SF (25,000-50,000 SF) Page 6

8 Patriot Blvd - A - Patriot Courtyards Space Avail: 1,790 SF Building Status: Built Mar 2006 Max Contig: 1,790 SF Building Size: 34,000 SF Smallest Space: 1,790 SF Typical Floor Size: 17,000 SF Rent/SF/Yr: $28.00/n Stories: 2 % Leased: 94.7% Expenses: 2012 $0.26/sf Parking: 200 free Surface Spaces are available For Sale: This property has one 1,790 condo for sale. Seller Rep (Condo): Leasing Company: Koenig & Strey, Inc. /David Kerr (847) (1,790 SF) Koenig & Strey, Inc. / David Kerr (847) ,790 SF (1,790 SF) Patriot Blvd - Prairie Glen Corp Campus S/W/C Space Avail: 37,568 SF Building Status: Built Oct 2001 Max Contig: 16,032 SF Building Size: 115,281 SF Smallest Space: 1,368 SF Typical Floor Size: 28,750 SF Rent/SF/Yr: $16.00/n Stories: 4 % Leased: 79.2% Expenses: 2011 $6.33/sf, 2012 Est $6.29/sf; 2010 $6.37/sf, 2012 Est $6.95/sf Parking: 440 free Surface Spaces are available; Ratio of 3.81/1,000 SF Newmark Grubb Knight Frank / Rob Lundin (773) / John Clark (773) / John Norris (773) ,568 SF (1,368-16,032 SF) Ravine Way - North Shore Corporate Pk N/E/C Space Avail: 18,887 SF Building Status: Built Apr 2001 Max Contig: 18,887 SF Building Size: 60,354 SF Smallest Space: 6,000 SF Typical Floor Size: 60,354 SF Rent/SF/Yr: $15.50/n % Leased: 68.7% Expenses: 2010 $5.51/sf, 2003 Est $3.73/sf; 2003 Est $2.73/sf Parking: 100 free Surface Spaces are available; Ratio of 4.00/1,000 SF CTK Chicago Partners / J.John J. Kosich (847) ,887 SF (6, ,887 SF) Page 7

9 Ravine Way - Glenview Medical Office Building /Medical Space Avail: 3,680 SF Building Status: Built Dec 2000 Max Contig: 3,680 SF Building Size: 47,079 SF Smallest Space: 1,500 SF Typical Floor Size: 15,333 SF Rent/SF/Yr: $22.00/nnn % Leased: 92.2% Expenses: 2011 $4.57/sf Parking: 75 free Surface Spaces are available CTK Chicago Partners / J.John J. Kosich (847) ,680 SF (1,500-3,680 SF) Waukegan Rd Bldg Offices Building Type: Class C Office Space Avail: 2,500 SF Building Status: Built 1990 Max Contig: 1,600 SF Building Size: 3,263 SF Smallest Space: 800 SF Typical Floor Size: 3,263 SF Rent/SF/Yr: $15.00/mg % Leased: 23.4% Expenses: 2010 $14.85/sf Parking: 25 Surface Spaces are available; Ratio of 3.00/1,000 SF For Sale: For Sale - Active Leasing Company: Century 21 McMullen: Sam Elddine (312) Joseph Maranto Revocable Trust / Sarah Zimmerman (847) Century 21 McMullen / Sam Elddine (312) ,500 SF ( SF) Waukegan Rd - Building 2 Space Avail: 1,600 SF Building Status: Built 1990 Max Contig: 1,600 SF Building Size: 3,172 SF Smallest Space: 800 SF Typical Floor Size: 3,172 SF Rent/SF/Yr: $ $22.00/tbd % Leased: 49.6% Expenses: 2010 $15.27/sf Parking: 10 free Surface Spaces are available J.R. Management Company / Mary Carlie (847) / Joe Ragona (847) ,600 SF (800 SF) Page 8

10 Waukegan Rd Building Type: Class C Office Space Avail: 6,307 SF Building Status: Built 1984 Max Contig: 4,379 SF Building Size: 6,307 SF Smallest Space: 1,928 SF Typical Floor Size: 6,307 SF Rent/SF/Yr: $20.00 % Leased: 0% Expenses: 2011 $5.68/sf For Sale: For Sale at $849,900 ($134.76/SF) - Active Coldwell Banker Residential: Marthe Nelson (847) Coldwell Banker Residential / Marthe Nelson (847) ,307 SF (1, 928-4,379 SF) Waukegan Rd - Glenview Executive Plaza S/W/C Building Type: Class C Office/Medical Space Avail: 1,073 SF Building Status: Built 1966, Renov 1988 Max Contig: 673 SF Building Size: 10,700 SF Smallest Space: 400 SF Typical Floor Size: 4,560 SF Rent/SF/Yr: $ $21.40 % Leased: 90.0% Expenses: 2011 $4.42/sf Parking: Ratio of 3.93/1,000 SF For Sale: For Sale - Active Executive Building Corp: Bill Lin (847) U.S. Asia Investment Group / Eric Chang (847) ,073 SF ( SF) Waukegan Rd - Royal Oaks Office Bldg Space Avail: 474 SF Building Status: Built 1965 Max Contig: 474 SF Building Size: 11,972 SF Smallest Space: 474 SF Typical Floor Size: 6,042 SF Rent/SF/Yr: $20.00/nnn Stories: 2 % Leased: 96.0% Expenses: 2011 $4.34/sf, 2012 Est $5.01/sf; 2011 $2.50/sf, 2012 Est $2.50/sf Parking: 20 Surface Spaces are available For Sale: For Sale at $2,599,000 ($217.09/SF) - Active Mike Shewchuck: Mike Shewchuck (847) Mike ShewchuckMike Shewchuck (847) SF (474 SF) Page 9

11 Waukegan Rd Building Type: Class C Office Space Avail: 2,121 SF Building Status: Built 1980, Renov 1985 Max Contig: 635 SF Building Size: 20,000 SF Smallest Space: 430 SF Typical Floor Size: 10,000 SF Rent/SF/Yr: $ Stories: 2 $18.00/fs % Leased: 89.4% Expenses: 2011 $3.08/sf; 2010 $5.67/sf Parking: 40 Surface Spaces are available AB Partners / Stephan Beckerman (847) ,121 SF ( SF) Waukegan Rd - Callan Bldg Space Avail: 2,560 SF Building Status: Built 1986 Max Contig: 1,650 SF Building Size: 13,632 SF Smallest Space: 910 SF Typical Floor Size: 6,592 SF Rent/SF/Yr: $ $17.91/fs % Leased: 81.2% Expenses: 2011 $1.34/sf, 2012 Est $3.75/sf; 2012 Est $4.50/sf Parking: 75 free Surface Spaces are available Farnsworth-Hill, Inc. / R.James R. Nash (847) ,560 SF (910-1,650 SF) N Waukegan Rd - Proposed Building Building Status: Proposed Building Size: 22,000 SF Typical Floor Size: 22,000 SF Stories: - For Sale: For Sale - Active Space Avail: 22,000 SF Max Contig: 22,000 SF Smallest Space: 2,500 SF % Leased: 0% Troy Realty: Brian J. Barrett (773) X303 Troy Realty / J.Brian J. Barrett (773) X ,000 SF (2,500-22,000 SF) Page 10

12 28 Willow I Building 1 NWC I-294 & Willow Road Building Type: Class A Office Building Status: Proposed Building Size: 90,000 SF Typical Floor Size: 22,500 SF Stories: 4 Parking: Ratio of 4.00/1,000 SF Space Avail: 90,000 SF Max Contig: 90,000 SF Smallest Space: 22,500 SF % Leased: 0% GlenStar Properties LLC / David Trumpy (773) ,000 SF (22,500 SF) 29 Willow I Building II NWC I-294 & Willow Road Building Type: Class A Office Building Status: Proposed Building Size: 35,536 SF Typical Floor Size: 17,768 SF Stories: 2 Parking: Ratio of 4.00/1,000 SF Space Avail: 35,536 SF Max Contig: 35,536 SF Smallest Space: 17,768 SF % Leased: 0% GlenStar Properties LLC / David Trumpy (773) ,536 SF (17,768 SF) Page 11

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