thank you

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Page 1: Thank You

we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started we’re just getting started.

MBRE

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With all the success we have already achieved...

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At the inception of MBRE’s involvement, Citigroup Center presented an intriguing opportunity to reposition a 40-story mixed use property located adjacent to Ogilvie Transportation Center. The 1.5-million square foot prop-erty features 90,000 RSF of retail and easements throughout to accommo-date the 125,000 daily rail commuters passing through the building. MBRE successfully led a $14.2 million renovation and repositioning project that addressed the first three public levels, extensive security upgrades, recep-tion lobby, multi-tenant corridors, washroom upgrades, and elevator cab refurbishment and brought the leased status of the building from 60% to 93.4%.

• MBRE led a team of design consultants to clarity wayfinding and a fresh sense of entry to the first two retail levels, atrium and third floor office tower lobby.

• MBRE created a new revenue stream through 3rd party advertising within the property to capitalize on the commuter traffic. This new source of in-come funded the $14.2 Million capital investment necessary for the rede-velopment.

• The redevelopment was coupled with an aggressive marketing campaign to elevate the perception of the building to potential tenants. This multi-pronged marketing campaign utilized print, electronic and radio advertise-ments and broker events.

• Preparation and speculative design helped showcase the large floors rang-ing 31,200 to 48,500 RSF.

• The significant infrastructure capacity accommodated varied tenant de-mands for 24/7 power and cooling.

• MBRE completed over 1.48 million square feet of leasing with such notable transactions including: Citibank (152,000 RSF); Orbitz Worldwide (141,000 RSF); U.S. Department of Education (85,000 RSF); McAndrews Held & Mal-loy (75,000 RSF); AIG (75,000 RSF); Acquity/Accenture (65,000 RSF); W.W. Grainger (58,000 RSF); Oppenheimer (42,000 RSF); RBC Dain Rauscher (40,000 RSF); Navteq (37,000 RSF); Lincoln International (35,000 RSF); Perfor-mance Trust (31,000 RSF)

• Increased occupancy from 60% to 93.4% compared to peer group (West Loop Class A) 86.5% leased (2nd Qtr 2013).

Before Renovation

Before Renovation

After Renovation

After Renovation

After Renovation

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WE’re just gettingstarted...

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Amenity FocusWhen investing in additional amenities in the building, it is crucial to under-stand the tenants’ needs. MBRE has created a diverse and valuable ten-ant mix and at a 93.4% occupancy rate, retention of the existing tenants is crucial in driving rental rates and ultimately asset value. The information generated from this tenant interaction will identify new building amenities that will support their business and inspire loyalty to Citigroup Center.

Elevate Entry ExperienceAddress arrival and entry sequence through repaving, streetscaping and lighting or through public-private redevelopment of north underpass and public art program. Tenants and their guests should derive a sense of quality from the entry experience into the office tower that rises above.

White Table Cloth DiningIntroduce white tablecloth dining option for tenants’ business meetings and client entertainment.

Fitness FacilityState-of-the-Art fitness center will complement the newly expanded secure bike rooms and shower facilities.

Tenant Lounge / Conference Room AreaRework west side of existing 3rd floor conference center/office of the build-ing/tenant space to capitalize on lobby level access and provide alterna-tive meeting facilities. The conference center should be a forward thinking combination of a tenant lounge and collaborative meeting space offer-ing tenants the ability for co-working, group sessions, or out of office social events.

Weather Protected Taxicab Queuing AreaPlaced on Madison Avenue and/or Canal Street

Advanced Technology and CommunicationDistributed Antennae System (DAS) can enhance tenants’ increasing needs for access to range of cellular frequencies and technologies.

Green Roof TopConsider greening of the existing roof top on west side as part of reconfigu-ration of the 3rd floor tenant lounge area or capitalize on existing air rights over the train shed. Green roofs represent opportunities for significant social, economic and environmental benefits.

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thank you for taking the time to get to know us and understand our plan.

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