|
Wells Fargo Center
999 3rd Avenue
Seattle, Washington 98104
US
|
|
Landlord proposal
|
|
Total rentable area
100,000 SF
|
|
Lease term
60 months
|
|
Commencement date
05/15/2013
|
|
Avg cost per rsf
$24.35
|
|
Effective rent
$14.35
|
|
NPV / year / rsf
$20.50
|
|
Avg cost per month
$202,926
|
|
Avg cost per year
$2,435,117
|
|
Total deal cost
$12,375,583
|
|
Lease NPV @ 8.0%
$10,249,268
|
|
505 Union Station
505 5th Ave S
Seattle, Washington 98104
US
|
|
Landlord proposal
|
|
Total rentable area
100,000 SF
|
|
Lease term
72 months
|
|
Commencement date
04/29/2013
|
|
Avg cost per rsf
$24.36
|
|
Effective rent
$18.70
|
|
NPV / year / rsf
$19.12
|
|
Avg cost per month
$203,034
|
|
Avg cost per year
$2,436,402
|
|
Total deal cost
$14,768,415
|
|
Lease NPV @ 8.0%
$11,469,156
|
|
Columbia Center
701 5th Ave
Seattle, Washington 98104
US
|
|
Landlord counter
|
|
Total rentable area
100,000 SF
|
|
Lease term
84 months
|
|
Commencement date
03/19/2013
|
|
Avg cost per rsf
$30.01
|
|
Effective rent
$23.01
|
|
NPV / year / rsf
$22.70
|
|
Avg cost per month
$250,113
|
|
Avg cost per year
$3,001,361
|
|
Total deal cost
$21,159,526
|
|
Lease NPV @ 8.0%
$15,888,601
|
|
City Centre
1420 5th Avenue
Seattle, WA 98101
|
|
Tenant counter
|
|
Total rentable area
105,000 SF
|
|
Lease term
84 months
|
|
Commencement date
06/13/2013
|
|
Avg cost per rsf
$31.99
|
|
Effective rent
$24.98
|
|
NPV / year / rsf
$24.93
|
|
Avg cost per month
$279,926
|
|
Avg cost per year
$3,359,113
|
|
Total deal cost
$23,913,790
|
|
Lease NPV @ 8.0%
$18,323,793
|
