Page 2 - Michael Baker - Market Overview - 02-2020
P. 2

BUILDING OVERVIEW








      PARK WEST 1                                                                                                                                                                                                 PARK WEST 2
      1501 - 1503 LYNDON B. JOHNSON FWY                                                                                                                                                       1505 - 1507 LYNDON B. JOHNSON FWY


                 TOTAL RBA                YEAR BUILT / RENOVATED                                                                                                                  TOTAL RBA                YEAR BUILT / RENOVATED
               347,514 RSF                   1985 / 2013                                                                                                                        351,710 RSF                   1985 / 2013


                  FLOORS                       % LEASED                                                                                                                            FLOORS                       % LEASED
                    7                           69.5%                                                                                                                                7                           61.8%

                                      MAX CONTIGUOUS SPACE AVAILABLE                                                                                                                                   MAX CONTIGUOUS SPACE AVAILABLE
             QUOTED RENTAL RATE                                                                                                                                               QUOTED RENTAL RATE
             $25.50/RSF + E                  27,744 RSF                                                                                                                       $25.50/RSF + E                  103,649 RSF
                                              (Floors 5 & 6)                                                                                                                                                   (Floors 6 & 7)
                                                                     LANDLORD : Highland Capital Management




                                1501                                                 1503                                                          1505                                                 1507

    7                          Vacant                                                VMware                                                                                  Vacant
                              23,958 RSF                                            26,570 RSF                          7                                                   51,337 RSF
    6        Michael Baker International  AFLAC                Crawford and Company                         Vacant                                                           Vacant
         14,926 RSF | Lease Expiration Date: 8/31/2021  4,533 RSF   21,848 RSF                             2,260 RSF    6                                                   52,312 RSF
    5  Vacant            Sekisiu                                                     Vacant                                              CCS Medical (Hyla, Inc. sublease)                             Hyla, Inc.
      2,256 RSF         11,256 RSF                                                  25,484 RSF                          5                        24,300 RSF                                            26,500 RSF
    4     Translogic Corp.                                      Martin Marietta                                                 Vacant
            7,242 RSF                                             43,897 RSF                                            4      7,372 RSF

    3                Beazer Homes (Laredo Petro sublease)                 MCR Investors (Laredo Petro sublease)         3         Vacant         Vacant            Vacant                         Hyphen Solutions
                              25,379 RSF                                            25,380 RSF                                   2,613 RSF      10,441 RSF         4,860 RSF                         29,636 RSF
    2                        Vacant                             Vacant            Vacant      Aeroxchange Ltd.            Vacant                                Vacant                              Haggar
                            24,551 RSF                          5,988 RSF        1,970 RSF       13,557 RSF             2  1,657 RSF                           1,909 RSF                           36,302 RSF

    1            o9 Solutions                                                             Vacant     Vacant  Vacant         Safeway Insurance  Vacant                                                    Haggar
                  10,957 RSF                                                             6,546 RSF   2,641 RSF  1,924 RSF  1   7,596 RSF   1,954 RSF                                                     20,464 RSF


                                Occupied Space    Vacant       Multi-Tenant    Non-Office Space                                                    Occupied Space    Vacant       Multi-Tenant    Non-Office Space
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