TRADITION STUDIOS FOR SALE

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TRADITION STUDIOS FOR SALE (FORMER DIGITAL DOMAIN SITE) 10250 SW Village Parkway, Port St. Lucie, FL www.cityofpsl.com/tradition-studio/index.html Contact Information: Robyn Holder, Office of Management & Budget 121 SW Port St. Lucie Boulevard Port St. Lucie, FL 34984 Telephone: (772) 344-4293 Email: Rholder@cityofpsl.com

Executive Summary The City of Port St. Lucie through this Request for Proposals (RFP #20150033) is making available this unique investment opportunity to purchase a modern facility with valuable amenities that are ideally located in a master planned, mixed use community in the western part of the City known as Tradition. Tradition provides a flourishing environment that will allow a creative buyer and user to benefit from the area s promotion of growth and development as it is home to a life sciences research and development park, medical institutions, a baseball stadium used by the NY Mets for spring training, a centralized village square with restaurants, stores, and entertainment that allow the area s residents and visitors to enjoy all that this charming neighborhood destination has to offer. The buyer of Tradition Studios will be able to capitalize on the Live, Work and Play atmosphere that epitomizes the area. Don t let this real estate opportunity escape you! Location: I-95 Exit 118 for Gatlin/Tradition Parkway Drive towards, and merge onto Tradition Parkway Turn right onto SW Village Parkway Address: 10250 SW Village Parkway Port St. Lucie, FL 34987 Minimum Offer Must Be: $12,700,000 Site Size: 15.485 acres Building Size/Area: +/- 115,704 sq. ft. on 1.58 acres Year Built: 2011 Improvements: 2-story, solid concrete tilt-wall steel construction. World class design, modern finishes, and integrated technology and security throughout. 2 generators and laminated/insulated glass windows. Building was constructed to withstand 150 mph winds. Zoning: MPUD Master Planned Unit Development Land Use: NCD New Community Development Utilities: City of Port St. Lucie Water and Sewer Submission of Offers: Purchase proposals must be submitted through the City s RFP process. See the RFP #20150033 packet for further details about the submission process and property information.

City Demographics: Total Population: Over 169,888 Median Household Income: $49,236 Home Ownership: 78.2% Median Value of Owner-Occupied Homes: $147,000 Age of City s Population: Under Age 5 = 6.2% Between 5 and 19 = 20.8% Between 20 to 64 = 57.3% Over Age 65 = 15.8%

Aerial Photos

Site Plan

ALTA Survey

Photos

DISCLAIMER This packet has been prepared for informational purposes only. The City of Port St. Lucie, as the Seller, and its officers, employees or agents specifically disclaim any representation or warranty, express or implied as to the accuracy or completeness of these materials or any accompanying information, and no legal commitment, obligation or liability of the City, or its officers, employees or agents shall arise by reason of reliance upon any materials or information so provided to a potential purchaser to aid in the decision to purchase the subject property. Interested parties are expected to review independently all documents relating to the property and the proposed purchase. The property is being sold AS IS, WHERE IS, AND WITH ALL FAULTS. Buyer s complete inspection of the property is recommended. Additional information relating to the property is available at http://www.cityofpsl.com/tradition-studio/index.html. The purchase of this property shall be based solely on a buyer s own, independent investigation and findings and not in reliance on any information provided by Seller, its agent or contractors. The City, its officers, employees or agents shall have no liability for any errors, omissions, or incorrect information. The City reserves the right, at all times, to accept or reject, in its sole and absolute discretion, any and all offers received by it, for any reason whatsoever, notwithstanding that a particular offer may be for the highest purchase price among those offers received and meets all the terms and conditions of the RFP. The City also reserves the right to waive any and all technical defects in any offers, in the City s sole and absolute discretion. The RFP process may be terminated or modified without notice at any time. In the event two or more offers are determined to fall within a competitive range, the City reserves the right to request a best and final offer from those Proposers. For questions or more information, please contact: Robyn Holder, Office of Management & Budget CITY OF PORT ST. LUCIE 121 SW Port St. Lucie Boulevard Port St. Lucie, FL 34984 Telephone: (772) 344-4293 Email: RHolder@cityofpsl.com Website: www.cityofpsl.com/tradition-studio/index.html