Page 7 - Michael Baker - Market Overview - 02-2020
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WHY NOW?  RELEVANT EXPERIENCE











            GRANITE TOWER          FREEPORT OFFICE CENTER      8950 CYPRESS WATERS      THE POINT AT LAS COLINAS


 TIMING


 •  Time is currently on Tenant’s side

 •  With a 2021 expiration, the landlord will engage especially with the current
     vacancy
           4055 Valley View Lane        4609 Regent Blvd       8950 Cypress Waters Blvd    300 E John Carpenter
 •  Movement in ownership could be impactful to negotiations  SignifyHealth  WageWorks  Confidential Client  LeHigh Hanson
              150,000 RSF                150,000 RSF                150,000 RSF               100,000 RSF




        ONE PANORAMA CENTER              PARK WEST               BROWNING PLACE              PARK WEST 1


 MARKET DYNAMICS

 •  Leverage opportunities still exist with a 2021 lease expiration


 •  While the occupancy rate in the building is low, high demand exists for
     space in this submarket
          7701 Las Colinas Ridge          Park West               1603 LBJ Freeway          1503 LBJ Freeway
               MultiView               Confidential Client           Medestar                   VMWare
               70,000 RSF                 50,000 RSF                25,000 RSF                 25,000 RSF
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