Renner Corporate Centre I

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1 Renner Corporate Centre I 9401 Renner Boulevard, Lenexa, Kansas Kenneth G. Block, SIOR, CCIM kblock@blockllc.com Hunter Johnson hjohnson@blockllc.com Andrew T. Block ablock@blockllc.com 700 W. 47th Street, Suite 200 Kansas City, MO

2 Table of Contents I. Executive Summary Executive Summary... 4 II. Property Description Building Profile... 7 Aerial... 9 Master Plan Area Location Map Drive Time Map III. Building Floor Plans Floor Plans For More Information: Kenneth G. Block, SIOR, CCIM kblock@blockllc.com Hunter Johnson hjohnson@blockllc.com Andrew T. Block ablock@blockllc.com Block Real Estate Services, LLC 700 W. 47th Street Kansas City, MO Renner Corporate Centre I

3 I. Executive Summary Block Real Estate Services, LLC 3

4 Executive Summary Property Project Description Renner Corporate Centre I 9401 Renner Boulevard Lenexa, Kansas Renner Corporate Centre I is constructed of four shades of precast concrete, low E blue reflective glass, and consists of a steel framing structural system and 6 concrete floor. The Renner Corporate Centre complex is compromised of two, 5-story high, corporate office buildings. Building Data Net Rentable Area: 150,958 nsf Date Completed: Renner Corporate Centre I: June 1, 2009 Area Measurements Floor Rentable Square Feet 1st Floor 30,482 2nd Floor 30,104 3rd Floor 30,104 4th Floor 30,104 5th Floor 30,164 Developer Description Tenancy Block Development Company, Inc. Renner Corporate Centre I complex is a 5-story, Class A office building located at 95th & Renner Blvd. in Lenexa, Kansas. Construction consists of four shades of precast concrete, blue reflective glass, lush landscaping, walking trails, and ample parking. The property features a large two tiered pond with two fountains and a cascading waterfall between them. Renner Corporate Centre I is LEED certified and an Energy Star certified building. Renner Corporate Centre I is planned for multi-tenant occupancy and marketed to attract companies desiring quality, state of the art suburban office facilities with LEED certification and Energy Star designation. Parking Renner Corporate Centre I contains 684 cars and Renner Corporate Centre II contains 679 surface parking spaces for a ratio of 4.5/1,000 SF. The overall spaces per 1,000 square feet is at Renner Corporate Centre I

5 Executive Summary Block Real Estate Services, LLC Kansas City Overview Located at the confluence of the Kansas and Missouri Rivers on the Midwestern Plains, Kansas City is the only major city located within 250 miles of both the geographic and population centers of the United States. Kansas City is a hub for transportation with its superior national highway access, extensive highway infrastructure, its rank as the nation s second largest rail center, and its barge facilities and air-freight capabilities. Major employers in the metro area are concentrated in Telecommunications (Sprint Nextel Corp, AT&T, Embarq Corp.), Technology (Cerner Corp., DST Systems), Auto manufacturing (Fort Motor Co., General Motors), and Healthcare (HCA Midwest Health System, Saint Luke s Health System, Children s Mercy Hospitals & Clinics). Suburban Office Market As of the fourth quarter of 2016, the Kansas City office market inventory consisted of 117 million square feet, spread across 4,448 buildings. Occupancy in the Kansas City office market stood at 64.4% as of the end of 2016, while the average quoted rental rate was $18.71 at the end of the year. Total absorption in 2016 as 622,177 square feet while there were 315,816 square feet delivered year-to-date. The project will be located within the South Johnson County Submarket, which accounted for 150,653 square-feet, or 24.2% of the total market s absorption during Additionally, the South Johnson County Submarket ended the year with average quoted rates of $23.04 in Class A buildings, which were 5.9% higher than the overall market s average rental rate of $21.67 in Class A buildings. Executive Summary 5

6 6 Renner Corporate Centre I II. Property Description

7 Property Description Block Real Estate Services, LLC Building Profile Building Address Building Description 9401 Renner Blvd., Lenexa, KS Renner Corporate Centre I complex is a 5-story, Class A office building located at 95th & Renner Blvd. in Lenexa, Kansas. Construction consists of four shades of precast concrete, blue reflective glass, lush landscaping, walking trails, and ample parking. The property features a large two tiered pond with two fountains and a cascading waterfall between them. Renner Corporate Centre I is LEED certified and an Energy Star certified building. Date Completed Renner Corporate Centre I: June 1, 2009 (LEED Certified and Energy Star Certified) Area Measurements Floor Rentable Square Feet 1st Floor 30,482 2nd Floor 30,104 3rd Floor 30,104 4th Floor 30,104 5th Floor 30,164 On Site Parking Renner Corporate Centre I: 684 (4.56/1,000) Elevators Roof HVAC The building features three Otis high speed computer controlled traction elevators. The elevators have a capacity of 3,500 lbs for passenger elevators and 4,000 lbs for the freight elevator with a speed of 350 fpm. The roof is mechanically fastened 0.60 mil TPO roof with a 30 year warranty. The building is climate controlled by three 120-ton rooftop mounted Trane Intelipac units distributed by a variable air volume system. A direct digital control (DDC), HVAC system is installed in the building to provide multiple zones per floor. An energy management system is also installed to insure energy efficiency. Fire Management Telecommunications The building is completely sprinklered and monitored off-site, 24 hour per day. Multiple high-speed voice & data services, as well as choice of fiber optic and wireless communication carriers are provided. Hours of Operation Monday Friday: 7:00 a.m. 6:30 p.m. Saturday: 8:00 a.m. 1:00 p.m. Sunday and Holidays: Closed Security The building entrance has a computer integrated security system, with 24-hour card access. Property Description 7

8 Utilities Electrical System Lobby & Common Area Landscaping Zoning Amenities Electricity KCP&L Water Johnson County District #1 Gas Southern Star Sewer Wastewater District of Johnson County Telephone Southwestern Bell (Local) The building provides 480/277 volt, 4,000 amp service with capacity to supply 22 watts per square foot. The building offers two entrances on the main level. The lobby features granite floors, wood paneled walls, and a 13½ -15½ clear ceiling. The building is served with one revolving door and one vestibule entrance. Renner Corporate Centre I is generously landscaped with flowers, shrubs, trees and landscaped sodded areas. The property also has numerous bio swales throughout the parking area, two ponds with cascading waterfalls and fountains, and a complete underground irrigation system to serve all landscaped areas. CP-O Renner Corporate Centre I has a convenient location with access to hotels, restaurants, day care, banking, and retail services nearby. 8 Renner Corporate Centre I

9 Property Description Aerial Block Real Estate Services, LLC Aerial Property Description 9

10 Aerial 10 Renner Corporate Centre I

11 Property Description Block Real Estate Services, LLC Aerial Property Description 11

12 Site Plan 12 Renner Corporate Centre I

13 Property Description Map Block Real Estate Services, LLC Property Description 13

14 Drive Time Map 14 Renner Corporate Centre I

15 III. Building Floor Plans Block Real Estate Services, LLC 15

16 First Floor Plan 16 Renner Corporate Centre I

17 Floor Plans Block Real Estate Services, LLC Second Floor Plan Floor Plans 17

18 Third Floor Plan 18 Renner Corporate Centre I

19 Floor Plans Block Real Estate Services, LLC Fourth Floor Plan Floor Plans 19

20 Fifth Floor Plan 20 Renner Corporate Centre I

21 For More Information: Kenneth G. Block, SIOR, CCIM Hunter Johnson Andrew T. Block W. 47th Street, Suite 200 Kansas City, MO

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