for lease | office ottawa towers i &...

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

Managing [email protected]

ROBERROBERT PLISKA, CRE, CPT PLISKA, CRE, CPAA Great central metro Detroit location

Easy access to I-75, M-59, Telegraph Rd, Woodward Ave

Surrounded by Bloomfield Hills, Auburn Hills, Troy, Rochester Hills

Adjacent covered parking for 2600 cars

Landscaped park areas

Walking distance to downtown

International area for great corporate headquarters

Metro Detroit's great comback market

Minutes from Pontiac/Oakland County International Airport

Quality well constructed office

Newly renovated

Fiber optics

High speed elevators (4 in Ottawa I; 5 in Ottawa II)

Kitchen

Excellent move in condition

Sophisticated life safety and fire prevention systems

Individual heating and cooling zones on each floor

PRESENTED BPRESENTED BYY::

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

All SVN® Offices Independently Owned & Operated.The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

FOR LEASE | OFFICE

OTTAWA TOWERS I & II51111 Woodward Avenue | Pontiac, MI 48342

LEALEASE OSE OVERVERVIEWVIEW PROPERPROPERTTY DESCRIPTIONY DESCRIPTION

The Ottawa Towers are part of the Phoenix Center mixed use development.Excellent move in condition. Great corporate headquarters. Fiber opticswithin building. One of the Phoenix Center's most attractive focal points is anelevated landscape park area and outdoor theater, which rests on top of theparking deck. The two nine story structures command landmark visibilityfrom Woodward Avenue, Orchard Lake Road, and Saginaw Street. Thesehighways are among Oakland County's most heavily traveled surfacearteries.

AVAILABLE SF: 10,000 - 345,800 SF

LEASE RATE: $17.95 SF/Yr (Gross)

LOT SIZE: 3.25 Acres

BUILDING SIZE: 432,386 SF

BUILDING CLASS: B

YEAR BUILT: 1981

RENOVATED: 2010

ZONING: RC, Research Center

MARKET: Detroit

SUB MARKET: Pontiac

CROSS STREETS: Judson

51111 Woodward Avenue, Pontiac, MI 48342

OTTAWA TOWERS I & IIFOR LEASE | OFFICE


ROBERROBERT PLISKA, CRE, CPT PLISKA, CRE, CPAA


ssvnpia.vnpia.ccomom





PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

• Great central metro Detroit location

• Easy access to I-75, M-59, Telegraph Rd, Woodward Ave

• Surrounded by Bloomfield Hills, Auburn Hills, Troy,Rochester Hills

• Adjacent covered parking for 2600 cars

• Landscaped park areas

• Walking distance to downtown

• International area for great corporate headquarters

• Metro Detroit's great comback market

• Minutes from Pontiac/Oakland County International Airport

• Quality well constructed office

• Newly renovated

• Fiber optics

• High speed elevators (4 in Ottawa I; 5 in Ottawa II)

• Kitchen

• Excellent move in condition

• Sophisticated life safety and fire prevention systems

• Individual heating and cooling zones on each floor







PROPERPROPERTTY OY OVERVERVIEWVIEW

The Ottawa Towers are part of the Phoenix Center mixed usedevelopment. Excellent move in condition. Great corporateheadquarters. Fiber optics within building. One of the PhoenixCenter's most attractive focal points is an elevated landscapepark area and outdoor theater, which rests on top of theparking deck. The two nine story structures commandlandmark visibility from Woodward Avenue, Orchard LakeRoad, and Saginaw Street. These highways are amongOakland County's most heavily traveled surface arteries.

LLOCOCAATION OTION OVERVERVIEWVIEW

Strategically located at the center of Oakland County,Michigan. Oakland County has been called one of thewealthiest counties in the country with populations over onemillion. This well established area enjoys an internationalreputation as a major corporate headquarters region. Accessto the buildings are excellent via I-75, M-59, Telegraph Roadand Woodward Avenue. The site is located just south of thecenter of downtown Pontiac, is surrounded by BloomfieldHills, Auburn Hills, Troy, and Rochester Hills. These suburbanareas offer a wide range of residential and lifestyle amenities.

CCONSONSTRUCTIONTRUCTION

Quality construction. 4 high speed elevators in Ottawa I and 5in Ottawa II provide convenient vertical transportation.Oversized cabs conveniently accomodate deliveries. Variableair volume systems delivers heating and cooling from ceilingdiffusers. Individual heating and cooling zones on each floorprovide building occupants with maximum environmentalcontrol and energy conservation. Sophisticated life safteyand fire prevention systems. Fully sprinklered. Full loadingdock facilities.

RENORENOVVAATIONTION

Property refurbished and upgraded in 2008-2011 with HVAC &electrical effficiency and various upgrades.

PPARKINGARKING

Covered garage parking is available for more than 2600surface spaces.







PROPERPROPERTTYY NAME:NAME: Ottawa Towers I & II

PROPERPROPERTTY ADDRESS:Y ADDRESS: 51111 Woodward AvenuePontiac, MI 48342

PROPERPROPERTTY TY TYPE:YPE: Office

APN:APN: 14-32-226-020

LLOOT SIZE:T SIZE: 3.25 AC

BUILDING CLABUILDING CLASS:SS: B

ZZONING:ONING: RC, Research Center

PPARKING SPARKING SPAACES:CES: 2600

HVHVAAC:C: Variable air volume system by rooftop mechanicals; air exchangers in individual zones

FIRE PROFIRE PROTETECTION:CTION: 100% fire sprinklered

CROSS SCROSS STREETS:TREETS: Judson

YEAR BUILYEAR BUILTT:: 1981

CCONSONSTRUCTION TTRUCTION TYPE:YPE: Fireproof steel fram with steel beems and steel decking

NUMBER OF SNUMBER OF STTORIES:ORIES: 18

AAVERAVERAGE FLGE FLOOR SIZE:OOR SIZE: 25000

FFOUNDOUNDAATION:TION: Reinforced Concrete

WWALLS:ALLS: Textured, covered and/or painted sheetrock







51111 Woodward Avenue









SUBJESUBJECT PROPERCT PROPERTTYY

51111 Woodward Avenue | Pontiac, MI 48342

$17.95 SF/YRLease Rate: GrossLease Type:10,000 - 346,000 SFSpace Size: 1981Year Built:3.25 ACLot Size:

880 W880 W. L. LONG LAKEONG LAKE880 W. Long Lake | Troy, MI 48098

$19.50 SFLease Rate: 88,950 SFSpace Size:1999Year Built: 197,536 SFBldg Size:06/28/15Lease Date 55%Occupancy:

11

11

Molina Healthcare Lease. Rental rate per listing.

5555 NEW KING S5555 NEW KING STT5555 New King St | Troy, MI 48098

$18.50 SFLease Rate: 68,294 SFSpace Size:1985Year Built: 113,300 SFBldg Size:60 monthsLease Term: 02/14/14Lease Date62%Occupancy:

22

22

Siemens Lease; Rental rate per listing.

901 WISLHIRE BL901 WISLHIRE BLVDVD901 Wilschire Blvd | Troy, MI 48084


33

33

Northwestern Mutual Lease; Rental rate per listing.







800 T800 TOOWER DRWER DR800 Tower Dr | Troy, MI 48098


44

44

Aerotek Lease; Rental rate per listing.

2600 S. TELE2600 S. TELEGRAPH RDGRAPH RD2600 S. Telegraph Rd | Bloomfield Hills, MI 48302


55

55

Logicalis Lease; Rental rate per listing.

3737101 C101 CORPORAORPORATE DRTE DR37101 Corporate Dr | Farmington Hills, MI 48331


66

66

Panasonic Automotive Systems Company of America Lease; Rental rate per listing.

3000 T3000 TOOWN CENTERWN CENTER3000 Town Center | Southfield, MI 48075


77

77

HelloWorld Lease. Rental rate per listing.





SUBJESUBJECT PROPERCT PROPERTTYY PRICE/SFPRICE/SF/YEAR/YEAR AAVVAILABLE SFAILABLE SF BLDG SFBLDG SF # OF UNITS# OF UNITS OCOCCUPCUPANCANCY %Y %

OttaOttawwa Ta Toowwerers I & IIs I & II51111 Woodward AvenuePontiac, MI 48342

$17.95 SF/yr (Gross) 10,000 - 345,000 SF 432,386 SF - 20.0%

RENT CRENT COMPSOMPS PRICE/SFPRICE/SF/YEAR/YEAR AAVVAILABLE SFAILABLE SF BLDG SFBLDG SF # OF UNITS# OF UNITS OCOCCUPCUPANCANCY %Y %

11880 W880 W. L. Long Lakong Lakee880 W. Long LakeTroy, MI 48098

$19.50 88,950 SF 197,536 SF - 55%

225555 N5555 Neew King Sw King Stt5555 New King StTroy, MI 48098

$18.50 68,294 SF 113,300 SF - 62%

33901 Wislhir901 Wislhire Blve Blvdd901 Wilschire BlvdTroy, MI 48084

$19.50 36,000 SF 186,954 SF - 90%

44800 T800 Toowwer Drer Dr800 Tower DrTroy, MI 48098

$18.50 31,677 SF 218,000 SF - 12%

552600 S. T2600 S. Telegrelegraaph Rph Rdd2600 S. Telegraph RdBloomfield Hills, MI 48302

$23.00 40,513 SF 90,288 SF - 40%

663737101 C101 Corpororporaatte Dre Dr37101 Corporate DrFarmington Hills, MI 48331

$19.50 25,624 SF 128,829 SF - 80%

773000 T3000 Toown Cwn Cenentterer3000 Town CenterSouthfield, MI 48075

$21.75 43,530 SF 583,982 SF - 60%

PRICE/SFPRICE/SF/YEAR/YEAR AAVVAILABLE SFAILABLE SF BLDG SFBLDG SF # OF UNITS# OF UNITS OCOCCUPCUPANCANCY %Y %

TTOOTTALS/AALS/AVERAVERAGESGES $20.04 47,798 SF 216,984 SF 0 57%







51111 Woodward Avenue | Pontiac, MI 48342SUBJESUBJECT PROPERCT PROPERTTYY

11 880 W. Long LakeTroy, MI 48098

880 W880 W. L. LONG LAKEONG LAKE 22 5555 New King StTroy, MI 48098

5555 NEW KING S5555 NEW KING STT 33 901 Wilschire BlvdTroy, MI 48084

901 WISLHIRE BL901 WISLHIRE BLVDVD

44 800 Tower DrTroy, MI 48098

800 T800 TOOWER DRWER DR 55 2600 S. Telegraph RdBloomfield Hills, MI 48302

2600 S. TELE2600 S. TELEGRAPH RDGRAPH RD 66 37101 Corporate DrFarmington Hills, MI 48331

3737101 C101 CORPORAORPORATE DRTE DR

77 3000 Town CenterSouthfield, MI 48075

3000 T3000 TOOWN CENTERWN CENTER







LLease Rease Raatte:e: $18.50 SF/YR ()

LLease Tease Type:ype: Gross

TTootal Spactal Spacee 346,000 SF

LLease Tease Term:erm: Negotiable

SPSPAACECE SPSPAACE USECE USE LEALEASE RASE RATETE LEALEASE TSE TYPEYPE SIZE (SIZE (SF)SF) TERMTERM CCOMMENTSOMMENTS

Ottawa Tower Office Building $18.50 SF/YR Gross 10,000 - 139,000 SF Negotiable







* Demographic data derived from 2010 US Census

1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total households 4,181 29,013 64,525

Total persons per hh 2.6 2.6 2.5

Average hh income $34,557 $51,584 $75,169

Average house value $88,593 $115,534 $203,540

1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total population 10,863 76,131 162,353

Median age 32.5 34.1 36.6

Median age (male) 30.4 32.3 35.5

Median age (female) 34.6 36.1 38.0









POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TOTAL POPULATION 10,863 76,131 162,353

MEDIAN AGE 32.5 34.1 36.6

MEDIAN AGE (MALE) 30.4 32.3 35.5

MEDIAN AGE (FEMALE) 34.6 36.1 38.0

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

TOTAL HOUSEHOLDS 4,181 29,013 64,525

# OF PERSONS PER HH 2.6 2.6 2.5

AVERAGE HH INCOME $34,557 $51,584 $75,169

AVERAGE HOUSE VALUE $88,593 $115,534 $203,540







Robert Pliska, CRE, CPAManaging DirectorSVN | Property Investment Advisors, LLC

Robert Pliska serves as a managing director for Sperry Van Ness,specializing in the sale, financing, leasing, managing, consulting,auctioning and accelerated marketing of multifamily, retail, office,industrial, hotel and other investment and commercial properties.With over 35 years of commercial real estate experience, Pliska hassecured over $1.5 billion in real estate transactions.

Prior to joining Sperry Van Ness, Pliska served as president and/orofficer of several commercial real estate firms. He was the presidentof a full-service commercial realty firm providing sales, financing,leasing, property management and consulting services. Pliska's pastcommercial development transactions boast a volume of over $400million and ranged in product type from office, retail, multifamily,industrial and hospitality. In addition, he assisted in the financing of$500 million in real estate transactions. As a certified publicaccountant with PricewaterhouseCoopers, he advised real estate andfinancial institution clients.

Pliska is a local and national speaker, author, radio guest, panelist andsocial media expert for many local and national organizations as theCounselors of Real Estate of the National Association of Realtors, theCommercial Board of Realtors, the state association of Realtors, thestate association of CPA’s, the Chambers of Commerce, CCIM(Certified Commercial Investment Member), the Real Estate AnswerForum and others on investment and commercial real estate. He isquoted in numerous publications as Globe Street, CCIM, theCounselors of Real Estate, local news publications, Midwest RealEstate News and others. He is followed by thousands in social mediaon LinkedIn, Twitter and Facebook. He sits on local, national andinternational Board’s of CEO’s and organizations. He has beenhonored as Humanitarian of the Year by several organizations.

Pliska's professional activity includes: former president and memberof Detroit Area Commercial Realtors; member and elected chairmanof the Detroit Board of Realtors for the Detroit Metro CommercialInvestment Division; member of the Michigan Association andrecipient of the organization's "Realtor of the Year" award; member ofThe Counselors of Real Estate (CRE) and recipient of the CREdesignation.

Pliska's community involvement includes: officer and/or boardmember of numerous community and non profit organizations,former president and recipient of membership growth awards from aCEO/President's group.

Pliska received his master of business administration in accountingand finance from Michigan State University. He earned his bachelor'sdegree in accounting from the University of Detroit.

Phone: 248.433.1400

Email: [email protected]

Memberships & Affiliations

The Counselors of Real Estate of the National Assn ofRealtorsNational Association of RealtorsMichigan Association of RealtorsCommercial Board of RealtorsInternational Council of Shopping Centers (ICSC)Michigan Association of CPA'sReal Estate Answer Forum

MI #6502337785

Fax: 248.433.1401

Cell: 313.590.1111

Address: 400 W. Maple Rd

Suite 150

Birmingham, MI 48009

OTTAWA TOWERS I & II | 432,386 SF | PONTIAC, MI

DISCLAIMER


The material contained in this Offering Brochure is furnished solely for the purpose of considering a lease of a portion ofthe property within and is not to be used for any other purpose. This information should not, under any circumstances,be photocopied or disclosed to any third party without the written consent of the Sperry Van Ness® Advisor or PropertyOwner (“Owner”), or used for any purpose whatsoever other than to evaluate the possible lease of the Property.

The only party authorized to represent the Owner in connection with the lease of the Property is the Sperry Van NessAdvisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to makeany representations other than contained in this Lease Offering Brochure.If the person receiving these materials doesnot choose to pursue a lease of the Property, this Lease Offering Brochure must be returned to the Sperry Van NessAdvisor.

Neither the Sperry Van Ness Advisor nor the Owner make any representation or warranty, express or implied, as to theaccuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon asa promise or representation as to the future representation of the Property. This Lease Offering Brochure may includecertain statements and estimates by Sperry Van Ness with respect to the Property. These Assumptions may or may notbe proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the Sperry VanNess Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied,contained in or omitted from this Lease Offering Brochure, or any other written or oral communication transmitted ormade available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties thatmay be made to it in any final, fully executed and delivered Real Estate Lease Agreement between it and Owner.The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the Sperry Van Ness Advisor, nor any of their officers, employees, representatives, independent contractorsor affiliates, for the accuracy or completeness thereof. Recipients of this Lease Offering Brochure are advised andencouraged to conduct their own comprehensive review and analysis of the Property.

This Lease Offering Brochure is a solicitation of interest only and is not an offer to lease the Property. The Ownerexpressly reserves the right, at its sole discretion, to reject any or all expressions of interest to lease the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the LeaseOffering Brochure or making an offer to lease the Property unless and until the Owner executes and delivers a signedReal Estate Lease Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer to lease,a prospective lessee will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSperry Van Ness Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective lessee, any prospective lesse should notrely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Lease Agreementshall bind the property and each prospective purchaser proceeds at its own risk.

for lease | office ottawa towers i &...

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