o evelopment - daimler group...some notable examples include gahanna officenter, a 120-acre...

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OFFICE DEVELOPMENT

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Page 1: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

Office DevelOpment

Page 2: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

01

John Derzon Senior Vice President The Daimler Group

[email protected]

Gregory Weber, SIOR, LEED APSenior Vice President

The Daimler [email protected]

Robert C. White, Jr.President

The Daimler [email protected]

Project DescriPtion

Location

ProPosaL

PartnershiP corPorate information

02

03

04

Page 3: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

PROJECT DESCRIPTION

Hamilton Quarter is a new, comprehensive mixed-use development situated on 300+ acres located at the junction of North Hamilton Road and Dublin-Granville Road in northeast Columbus. The project is designed to bring increased retail and commercial office space to the northeastern portion of the City of Columbus.

Many years in the making, this project is a partnership of The Daimler Group, Casto and the New Albany Company. In 2018, Big Lots, Inc. opened its corporate headquarters at Hamilton Quarter. The campus consists of 330,000sf of office and a mock retail store/presentation studio housing nearly 1,000 employees. The remaining office ground is situated immediately south of State Route 161, west of Hamilton Road, and consists of three primary sites, totaling 21 acres.

The Ohio State University recently purchased 30 acres along State Route 161, with plans to construct a regional medical center. Immediately south of the medical center ground, work was completed on a 225,000sf Target anchored retail center. The site has excellent visibility with average daily traffic counts of more than 63,000 along State Route161.

Page 4: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,
Page 5: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

Site plan

Page 6: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,
Page 7: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

prOpOSal

e. DubLin GranviLLe roaD

coLumbus, ohio 43081

the hamiLton Quarter office site is LocateD within the LarGer 300 acre hamiLton Quarter DeveLoPment featurinG retaiL, hosPitaLity anD office users. the site is LocateD riGht aLonG i-161, which Generates traffic of 64,300 cars Per Day, anD cLose to i-270, GivinG Generous access to aLL of centraL ohio.

this site ProviDes a uniQue oPPortunity to assist in creatinG this sPecuLative buiLDinG. the site has the caPacity for an 134,311 Gross sQuare foot faciLity.

10 years

office sPace: $18.95/sf, net of oPeratinG exPenses, with 1.5% annuaL rentaL increases after the 1st Lease year.

1st fLoor 27,021 Gross sf

2nD fLoor 26,807 Gross sf

3rD fLoor 26,807 Gross sf

4th fLoor 26,838 Gross sf

from the base buiLDinG conDition, LanDLorD wiLL ProviDe a tenant imProvement aLLowance of $45 Per rentabLe sQuare foot for office sPace.

site aDDress

site DescriPtion

buiLDinG DescriPtion

initiaL Lease term

base Lease rate

avaiLabLe sPace

tenant imProvement aLLowance

Page 8: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

REGIONAL LOCATION

Page 9: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

HAMILTON BOULEVARD

Hamilton Quarter will be centered along a main boulevard featuring retail and entertainment options. The development is also planned around being blended into new City of Columbus parks and associated bike paths.

Conceptual Image

Conceptual Image

Conceptual Image

Page 10: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

REGIONAL DEMOGRAPHICS

Page 11: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

REGIONAL AMENITIES

The Hamilton Quarter site is located on Columbus’ northeast side - right along I-161, offering easy access to New Albany, Gahanna, Westerville and Worthington. Hamilton Quarter has the capacity for 750,000 square feet of retail space, giving additional options for area residents and employees.

For more established retail options, Columbus’ premier shopping destination, Easton Town Center, is just a few miles away, providing additional retail, dining and recreation for employees.

The site’s close proximity to major freeways allow for easy access to the rest of Central Ohio, including downtown Columbus and the Ohio State University campus.

westerviLLe

new aLbany

easton town centerGahanna

Gahanna

easton town center

new aLbany

Page 12: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

Site aerial

Page 13: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

Site aerial

Page 14: O evelOpment - Daimler Group...Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office,

1533 Lake Shore DriveColumbus, Ohio 43204614-488-4424

Corporate OverviewDaimler was founded in 1983 by Robert C. White, Conrad W. Wisinger, and a small group of prominent business leaders in the architectural, real estate, commercial banking and mortgage industries from Central Ohio. As the firm developed, a select group of key management personnel with diverse backgrounds have become principals in the firm. Collectively, this group offers an outstanding combination of real estate and financial knowledge as well as development expertise, allowing for the execution of development opportunities and creation of viable solutions that address client-specific needs. The ownership structure is supported by a dedicated staff of experienced specialists in the real estate development, marketing and construction management fields.

Corporate PhilosophyThe cornerstone of Daimler’s corporate philosophy is the creation of the best possible real estate solution for the clients we serve. To implement this philosophy, Daimler has assembled a staff of talented, experienced real estate professionals with a team-oriented, success-driven delivery model. Daimler firmly believes that successful development and construction of real estate requires superior market and product knowledge as well as experienced, effective and well-regarded construction personnel. This requires company personnel to constantly expand their knowledge of the areas the company serves and to understand and predict local trends in real estate development and construction.

Office ProjectsAccording to the annual surveys conducted by Business First over the last decade, Daimler is consistently recognized as one of the leading commercial real estate developers and construction managers in Central Ohio. In the Columbus suburban office market, Daimler has constructed more space over the last 15 years than any other developer. Such developments include major corporate facilities for Big Lots, Alliance Data, Abbott Nutrition, NetJets, Time Warner Cable, The Ohio State University, American Family Insurance, Unisys- Corporation, US Bank, Ohio State Bar Association, State of Ohio EPA, The Huntington Mortgage Company, The Frank Gates Service Company, Steinhaus Financial, Sarcom, Inc., Corporate One Credit Union, NBBJ Architects, Ohio School Boards Association, IntelliRisk Management Corporation, Gerbig, Snell & Weisheimer, Donald R. Kenney Realtors, Mettler Toledo, DuPont Flooring, The Trane Company, Exel Logistics, Anthem Insurance, AEP, Moody.Nolan Architects, Commercial Vehicle Group, Nationwide Insurance, Hamilton Parker, Smoot Construction, OhioHealth, and many others.

The Daimler Group, Inc.

Land DevelopmentSince its inception, Daimler has developed master plans and/or developed over 1,200 acres of raw ground. Some notable examples include Gahanna Officenter, a 120-acre mixed-use development in which Daimler designed and developed over 1,500,000 sf of office, warehouse, and retail space; over 100 acres in the Polaris area with more than 1,000,000 sf of office space, the 25-acre Upper Metro and the 24-acre Avery Place mixed-use developments in Dublin; and over 85 acres in the Westar project in Westerville. Daimler developed phases I, II and III of the Gowdy Field development near downtown Columbus includes more than 425,000 square feet of office/medical office space. In addition, Daimler was selected by the New Albany Co. to jointly develop over 200 acres of prime office ground in the New Albany Business Park. Daimler offers a full range of land development and construction expertise including land planning, municipality approaches, incentives, entitlements, infrastructure development and sustainable “LEED” techniques to promote environmentally conscious development and construction.

The Daimler DifferenceWhat differentiates Daimler from its competitors is the ability to provide all facets of real estate development and construction in-house. From a development perspective, Daimler has the in-house experience to manage the preconstruction/design development process with individuals who have devoted their entire professional careers to that endeavor. From a construction perspective, Daimler employs a very experienced and knowledgeable staff of project managers and superintendents and has managed the construction of all types of commercial buildings. Finally, from a financial structuring standpoint, Daimler has ready access to cash reserves to provide an appropriate debt to equity structure for the projects it undertakes— especially in light of the recent volatile credit market swings. These reserves are in fact “real equity” and not the result of mezzanine, venture capital or private equity firms, or secondary financing. Very few development/construction/real estate companies have all of these attributes under one corporate umbrella. Daimler’s ability to promote a project with all of these in-house disciplines is why Daimler continues to grow and prosper as a real estate development company in Central Ohio.