Frederick L. Regnery

Transcription

1 Jones Lang LaSalle Americas, Inc. 200 East Randolph, Floor 47 Chicago, Illinois Tel RESPONSE TO REQUEST FOR PROPOSAL February 18, 2009 Via Frederick L. Regnery Mr. Frederick L. Regnery Senior Vice President Colliers Bennett & Kahnweiler, Inc North River Road, Suite Rosemont, IL RE: 1001 Crossroads Parkway Romeoville, IL Dear Fred: We have been authorized by The Gillette Company, as Sublandlord, to respond to your Request for Proposal as follows: SPACE REQUIREMENTS: OFFICE: Approximately 310, ,000 SF 5/1/2010-4/30/ ,000 5/1/2011-4/30/ ,000 5/1/2012-4/30/ ,000 5/1/2013-4/30/ ,560 5/1/2014-9/30/ ,560 Approximately 10,000 SF Please provide a per square foot allowance for the office build out. Please provide documentation defining base office finishes intended by Landlord. The current configuration provides for three (3) separate office pods as follows: 13,660 square feet inclusive of vestibule entry to outside, six (6) 15 x10 privates, large break room with hot/cold water, sink, upper and lower cabinets, electric service for vending machines, men s and women s bathrooms. 2,800 square feet receiving office located in the mid section of the warehouse. 3,240 square feet located in the southwest corner of the warehouse formerly used as a pick and pack operation.

2 Page 2 OCCUPANCY: February 1, 2010 LEASE TERM Beneficial occupancy shall be provided upon mutual execution of a binding sublease, delivery of the first months pre-paid rent, and certificate of insurance. Subtenant shall be responsible for all utility expenses during the beneficial occupancy period. Option A: 10 years Option B: 5 years 53 months commencing 5/1/2010 and terminating 9/30/2014 RENTAL ABATEMENT: Please specify. Ulta has a current lease obligation until April 30, RENTAL RATE: Beneficial occupancy has been provided so as not to encumber subtenant with duplicate rent. Please specify OPERATING EXPENSES: 5/1/2010-4/30/2011 $2.55 5/1/2011-4/30/2012 $2.61 5/1/2012-4/30/2013 $2.68 5/1/2013-4/30/2014 $2.75 5/1/2014-9/30/2014 $2.81 Please provide a detailed itemization including any management fees. Current expenses are as follows: CAM Self Perform Insurance - $0.07/sf/yr Management - $0.04/sf/yr As a single tenant building, subtenant will have the security and economies of arranging for their own landscaping, snow removal and similar. By way of indication of costing for those items labeled as self perform, JLL has been providing these services to Gillette/P&G through a facilities management agreement at an annual cost of $.41 psf. It is possible that P&G could keep this agreement in place for subtenant. TAXES: Subtenant shall be responsible for payment of operating expenses for the entire 532,560 sq ft thought the sublease term. Please specify current year taxes as well as an estimate of fully assessed taxes.

3 Page 3 UTILITIES: Current tax expenses are as follows: $0.92/sf/yr Subtenant shall be responsible for payment of real estate taxes for the entire 532,560 sq ft thought the sublease term. The leased premises will be independently metered for all utilities. BUILDING IMPROVEMENTS: Restrooms for 350 employees (total for two shifts). 65% of the workforce is female. 30 clear ESFR sprinkler system, with minimum 1500 GPM electric pump, per FM Global data sheets, with addressable class A, supervised multizone alarm system. 10 trailer spots ASSIGNMENT/SUBLETTING: Existing conditions meet these requirements with the exception being the ESFR system provides 1490gpm at 75 psi via a 12 head per riser design. Tenant shall have the right to assign or sublet all or a portion of the demised premise to any subsidiary or affiliate without Landlord s consent. Any other assignment or subletting will be subject to Landlord s prior consent, which shall not be unreasonably withheld. ROOF AND STRUCTRUAL AND MECHANICALS: Subject to master lease agreement. Landlord shall be responsible for roof, structure, and foundation. Landlord shall deliver all building mechanicals in good working order. Landlord shall warrant all building systems for a minimum of one year. WAREHOUSE LIGHTING: Agreed, subject to master lease agreement. 277W Fluorescent Energy Efficient lighting with plug-in cords, minimum 36 foot candles, at 36 (AFF). T8 fixtures with motion control on approx 50% of lighting. RESPONSE Warehouse lighting is metal halide lighting using MVR 400 GE Multi-Vapor Lamps with 40,000 lumens.

4 Page 4 LOADING DOCKS: Minimum 30 truck docks, with 9 x 10 doors, bollards, mechanical levelers (52,000 lb. ANSI capacity), reciprocating hook type dock locks, L-Pad truck seals, and Phoenix lights. RESPONSE Existing conditions shall be provided on an as is basis. The building currently has 75 exterior 8 x 9 dock doors with 30,000 lb capacity Rite-Hite levelers, dock lights, dock locks and dock shields. There is the ability to add 20 more dock doors for a total of 95 dock positions. The building currently has two (2) motorized 12 x 15 drive-indoors. The truck area is currently fully fenced with two guard shacks in place in both entry points to the dock areas. Both guard shacks have electric, phone line, lights and window unit A/C. POWER: 2000 amps, 480 volt, 3 phase Electric for 25 battery charging stations, with associated ventilation and eyewash station including an acid neutralization basin, and drain. RESPONSE Existing conditions meet these requirements. The building has 4000 Amp, 480/277 volt, 3-phase electrical service. Current configuration allows for more than 800 amps of power distribution to the southwest corner of the building, already in panels, which can be dedicated to machines and equipment for a pick and pack type of operation. There are multiple (12+) transformers within the space with 120/208 Volt step down capacity. The current configuration also provides for 28 battery charging station 400 amps of power with the ability to add an additional 28 stations for a total of 56 positions. There is also an eye wash station in close proximity to the battery charging area. WAREHOUSE AND OFFICE PLANS: RESPONSE CEILING HEIGHT: At this time, please provide full size plans 30 clear height RESPONSE PARKING: Please specify. A minimum of 200-car parking is required.

5 Page 5 RESPONSE Current configuration provides for 236 designated car parking spots, which is expandable. SECURITY DEPOSIT: RESPONSE Please specify. Subject to review of subtenants audited financial statements. We appreciate your interest in this property and look forward to working together to secure Ulta s occupancy. Sincerely, Jones Lang LaSalle Americas, Inc. Trevor W. Ragsdale, SIOR Executive Vice President Kristian D. Bjorson Managing Director /bbd