leasing opportunities 1300 east 9th street …...-of-the-art fitness equipmentstate ......

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ONE OF THE LARGEST CONTIGUOUS BLOCKS OF PRIME OFFICE SPACE AVAILABLE IN THE CLEVELAND CBD Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. BUILDING HIGHLIGHTS • $11,000,000 of planned renovations by new ownership, expected to begin in January including: o 6,000 SF Fitness & Recreation Center with a half basketball court, golf simulator, new locker rooms, and state-of-the-art fitness equipment o Completely modernized elevators with Destination Dispatch o Fully updated Conference Center o Restroom renovations throughout the building o Fully renovated 632-stall parking garage o HVAC upgrades and replacements throughout the building o A revitalized 35,000 SF of retail offerings • 575,000 SF (20 floor) office building situated in Downtown Cleveland’s Central Business District • $19.00-$21.00/SF Modified Gross • 30,000+ SF Floor Plates • Parking: $245/month for reserved; $200/month for non-reserved • Great street views and recruiting-friendly building amenities, including all of the above mentioned additions, as well as: the attached Westin Downtown Cleveland Hotel, Starbucks Coffee and The Urban Farmer Steakhouse, a full-service bank branch, convenience store, and on-site management. • 24-hour, seven (7) days per week security and tenant access 1300 EAST 9TH STREET CLEVELAND, OHIO LEASING OPPORTUNITIES KRISTY HULL, SIOR, CCIM Managing Director 216.453.3055 [email protected] Licensed Real Estate Salesperson TERRY COYNE, SIOR, CCIM Vice Chairman 216.453.3001 [email protected] Licensed Real Estate Salesperson www.ngkf.com/cleveland For more information, contact: Owned by: CLICK HERE FOR VIRTUAL TOUR CLICK HERE FOR RENDERINGS

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Page 1: LEASING OPPORTUNITIES 1300 EAST 9TH STREET …...-of-the-art fitness equipmentstate ... 216.453.3055. bolivar rd. e. 7th st. e. 8th st. public square. convention center & global center

ONE OF THE LARGEST CONTIGUOUS BLOCKS OF PRIME OFFICE SPACE AVAILABLE IN THE CLEVELAND CBD

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

BUILDING HIGHLIGHTS• $11,000,000 of planned renovations by new ownership, expected to begin in January including: o 6,000 SF Fitness & Recreation Center with a half basketball court, golf simulator, new locker rooms, and state-of-the-art fitness equipment o Completely modernized elevators with Destination Dispatch o Fully updated Conference Center o Restroom renovations throughout the building o Fully renovated 632-stall parking garage o HVAC upgrades and replacements throughout the building o A revitalized 35,000 SF of retail offerings• 575,000 SF (20 floor) office building situated in Downtown Cleveland’s Central Business District• $19.00-$21.00/SF Modified Gross• 30,000+ SF Floor Plates• Parking: $245/month for reserved; $200/month for non-reserved • Great street views and recruiting-friendly building amenities, including all of the above mentioned additions, as well

as: the attached Westin Downtown Cleveland Hotel, Starbucks Coffee and The Urban Farmer Steakhouse, a full-service bank branch, convenience store, and on-site management.

• 24-hour, seven (7) days per week security and tenant access

1300 EAST 9TH STREETCLEVELAND, OHIO

LEASINGOPPORTUNITIES

KRISTY HULL, SIOR, CCIMManaging [email protected] Real Estate Salesperson

TERRY COYNE, SIOR, CCIMVice [email protected] Real Estate Salesperson

www.ngkf.com/cleveland

For more information, contact:

Owned by:

CLICK HERE FOR VIRTUAL TOUR

CLICK HERE FOR RENDERINGS

Page 2: LEASING OPPORTUNITIES 1300 EAST 9TH STREET …...-of-the-art fitness equipmentstate ... 216.453.3055. bolivar rd. e. 7th st. e. 8th st. public square. convention center & global center

RUGBY REALTY (WWW.RUGBYREALTY.COM) WILL BE SPENDINGOVER $11 MILLION TO COMPLETELY REPOSITION THIS ASSET.

• Lobby — Ownership will spend $1.5 million on a total lobby renovation to a modern contemporary design - Expected to be complete in April 2019

• Fitness & Recreation Center — A new fitness & recreation center with a golf simulator, half basketball court, and new locker rooms will be added to the building, which will be available to tenants at no cost. - Expected to be complete in April 2019

• Shared Conference Facility — The shared conference facility will be renovated and will continue to be available to tenants at no additional cost. New modular furniture can be arranged in a variety of configurations that allow for boardroom style meetings, presentations, and training sessions.

- Expected to be complete in April 2019

• Garage Repairs — Landlord will be spending $4 million to completely renovate and repair the garage to Class A standards. - Expected to be complete in April 2021 with minimal impact to parkers

• Elevator Modernization — Passenger elevators will be modernized with destination dispatch, bringing state-of-the-art service into the building. - Expected to be complete in April 2020

• Bathroom Renovations — Common area restrooms will be renovated and modernized throughout the building. - Expected to be complete in April 2019

• Lighting Upgrade — Common area and parking garage lighting will be converted to LED, which will improve aesthetics and reduce energy use and operating expenses. These savings will be passed onto the tenant. - Expected to be complete in April 2019

1300 EAST 9TH STREETCLEVELAND, OHIO

PLANNEDCAPITAL IMPROVEMENTS

NEW OWNERSHIP WILL SPEND IN EXCESS OF $10 MILLION ON CAPITALIMPROVEMENTS TO BRING THE BUILDING TO CLASS A STATUS.

Page 3: LEASING OPPORTUNITIES 1300 EAST 9TH STREET …...-of-the-art fitness equipmentstate ... 216.453.3055. bolivar rd. e. 7th st. e. 8th st. public square. convention center & global center

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

Licensed Real Estate Salesperson

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

1300 EAST 9TH STREETCLEVELAND, OHIO

LEASINGOPPORTUNITIES

www.ngkf.com/cleveland

SCENIC VIEWS OF DOWNTOWN CLEVELAND AND LAKE ERIE

FIRST ENERGY STADIUM VIEWROCK & ROLL HALL OF FAME VIEW

STARBUCKS CONNECTED TO BUILDINGURBAN FARMER RESTAURANT CONNECTED TO BUILDING

Owned by:

AMENITIES

Page 4: LEASING OPPORTUNITIES 1300 EAST 9TH STREET …...-of-the-art fitness equipmentstate ... 216.453.3055. bolivar rd. e. 7th st. e. 8th st. public square. convention center & global center

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

1300 EAST 9TH STREETCLEVELAND, OHIO

LEASINGOPPORTUNITIES

www.ngkf.com/cleveland

CONFERENCE CENTER LOBBYCONFERENCE ROOM

LOBBY

RENDERING OF UPCOMING LOBBY RENOVATIONS

RENDERING OF UPCOMING CONFERENCE CENTER RENOVATIONS

www.ngkf.com/cleveland

Owned by:

Page 5: LEASING OPPORTUNITIES 1300 EAST 9TH STREET …...-of-the-art fitness equipmentstate ... 216.453.3055. bolivar rd. e. 7th st. e. 8th st. public square. convention center & global center

CuyahogaRiver

SUPERIOR AVE.

PORT OF CLEVELAND

WES

T3R

DST

.

LAKESIDEPLACE

BLDG.

FEDERALCOURTHOUSE

STATEOFFICEBLDG.

MKFERGUSAN

250 W.HURON

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CASINO (PHASE II)

WES

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ROCK & ROLLHALL OF FAME

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North Coast HarborLake Erie

90

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71 77

FIRSTENERGYSTADIUM

ERIESIDE AVE.

GREAT LAKESSCIENCECENTER

AMTRAKSTATION

FIRSTENERGYSTADIUM

W. 3RD ST. STATIONNORTH COAST HARBOR

EAST STATION

ST. CLAIR AVE.

ROCKWELL AVENUE

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PUBLICHALL

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1111SUPERIOR

1717 EASTNINTH ST.

1100SUPERIOR

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PAYNE AVE .

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55 PUBLICSQUARE

STATEOFFICEBLDG.

LANDMARKOFFICETOWER

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HQ

HUNTINGTONBANK

BUILDING

AVENUE TOWERCITY CENTER

250 W.HURON

HYDE PARKGRILL

EUCL ID AVE.

NORTHPOINT

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&GLOBAL

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Cuyahoga River

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Major Office Buildings

Hotels/Retail/Apartments

Arenas/Theatres/Museums/Casinos

Public Buildings

LEGEND

Mixed-use Office/Retail/Apartments

1300 E. 9th St.CLEVELAND, OHIO

ERNST & YOUNGBUILDING

55 PUBLICSQUARE

INNRESIDENCE

NINE TWELVE DISTRICT

CAMPUS DISTRICT

CIVIC CENTER DISTRICT

WAREHOUSE DISTRICT

PRIME DOWNTOWN LOCATION

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

1300 EAST 9TH STREETCLEVELAND, OHIO

www.ngkf.com/clevelandwww.ngkf.com/cleveland

Owned by:

KRISTY HULL, SIOR, CCIMManaging [email protected] Real Estate Salesperson

TERRY COYNE, SIOR, CCIMVice [email protected] Real Estate Salesperson

For more information, contact: