18
BEST BUY CAMPUS 6 3(11 $9(18( , 5,&+),(/' 0,11(627$
BEST BUY CAMPUS
CONTACT
JIM LEARY
MINDY RIETZ
2 BEST BUY CORPORATE CAMPUS
www.cbre.com/bestbuycampus
THE OPPORTUNITY
AVAI LABLE SPACE
CAMPUS FEATURES
LOCAT ION
3 BEST BUY CORPORATE CAMPUS
THE OPPORTUNITY
Tenants have a unique opportunity to lease space
in one of the country’s PREMIERE CORPORATE
CAMPUSES.
The ease of access and convenience of all the
ON-SITE AMENITIES facilitates a high level of
workforce productivity and employee satisfaction.
ll oors are in rst class MOVE-IN CONDITION.
All occupancy needs are addressed by Best Buy’s world
class team of professional facility and PROPERTY
MANAGERS.
This HIGHLY SECURE FACILITY has over 250
cameras monitored by on-site security personnel 24/7;
access to the campus and parking facilities are via
security card only.
The operating ef ciencies of this .5 million square foot
state of the art campus are passed through to tenants in
the form of LOWER OCCUPANCY COSTS.
4 BEST BUY CORPORATE CAMPUS
CAMPUS SUMMARY
TOTAL CAMPUS: 500 000
CENTRAL COMMON AREA: 250 000
PARKING RAMP: 00 talls
SITE AREA: 35 acres
MTC TRANSFER STATIONS ON SITE: 3
VISITOR PARKING: 50 stalls
BUILDINGS: 4 towers connected by common hub
AVAILABLE SPACE: p to 250 000
ELEVATORS: 4 per tower
LOADING DOCK: 5 dock doors
2013 EST. OPERATING EXPENSES: 0.00
HVAC: A -4 thermostats/floor ones to 400
KN
OX
AV
ETOW
ER ATOW
ER B
TOWER C
TOW
ER D
PE
NN
AV
E
7 6 TH ST
5BEST BUY CORPORATE CAMPUS
TOTAL AVAILABLE
240,610 usable square feet 269,483 rentable square feet
Typical oors can accommodate up to 300 workstations plus private of ces and conference rooms.
CURRENT VACANCIES
FLOOR USABLE SF RENTABLE SF
BUILDING A, FLOOR 3 47 5 53 2
BUILDING A, FLOOR 4 47 7 53 500
BUILDING A, FLOOR 5 4 022 53 7 5
BUILDING A, FLOOR 7 4 52 54 34
BUILDING A, FLOOR 8 4 77 54 3
6 BEST BUY CORPORATE CAMPUS
OFFICE AND CONFERENCE ROOMS
TYPICAL WORKSTATION LAYOUT
TYP ICAL F LOOR PLANS
7BEST BUY CORPORATE CAMPUS
BUI LD ING FEATURES
arge open oor plates can accommodate a variety of of cespace needs and oor plans
High ceilings and abundant glass allow natural light to penetrate interior of all oors
Heating and air conditioning can be controlled down to 400 ones
erti ed old ensures lowest possible operating costs
le ible lease terms
Best Buy is a well-capitali ed e perienced real estate manager. Best Buy is a ortune 500 company and nvestment uality rated by tandard oor.
ON- S I TE SERV ICES
our etro Transit bus stations directly on the campus
arge capacity full service dining provided by Bon Appetit
Two Caribou Coffee stations
Bank kiosk
Cleaner/laundry service
Daycare center
Comfortable e pansive open areas with seating for informal meetings breaks dining or to ust get away
ull service health club with showers and lockers
Two AT s
Ample parking
All entrances are secured with card access on-site security personnel and cameras
8 BEST BUY CORPORATE CAMPUS
9BEST BUY CORPORATE CAMPUS
n 20 0 the Best Buy campus received eadership in nergy and nvironmental Design D old certi cation from the . . reen Building Council. t is the fourth
and largest . . corporate campus or commercial of ce facility to attain D old status. ome highlights of Best Buy’s D application included
Use of environmentally-friendly cleaning processes and cleaning products;
urchase and use of paper and other materials with recycled or renewable content;
A 54 percent reduction in energy use compared to an average building earning an nergy tar rating of 7;
Development of an award-winning compost program to reduce land ll waste;
Use of low-mercury lamps;
Development of “prairie areas” to reduce water use and mowing emissions;
Use of submeters for all campus water use;
ocally sourced food in partnership with campus food-service provider Bon Appetit ;
A program that ensures 50 percent of all campus waste is recycled;
Outdoor views for 45 percent of all building occupants Developed and administered by the U BC the D B O rating system helps building owners and operators identify and improve ongoing operations and maintenance of e isting commercial and institutional buildings. The certi cation system rewards current best practices and provides an outline for buildings to use less energy water and natural resources while improving the indoor environment; with the goal of ma imi ing operational ef ciency while minimi ing environmental impacts. D for isting Buildings addresses whole-building cleaning and maintenance issues including chemical use recycling programs e terior maintenance programs and systems upgrades.
Sources: Minneapolis/St. Paul Business Journal, June 9, 2010; articleant.com
LEED CERT I F ICAT ION
10 BEST BUY CORPORATE CAMPUS
TRANSPORTATIONThree on-site transit stations provide convenient access for workforce commuters located throughout the metro area.
ACCESSThe state of the art interchange at nterstate 4 4 and enn Avenue combined with numerous other access points permits minimal traf c congestion even during peak periods.
PARKINGThe campus features a ve level 00 stall parking ramp. An additional 50 stall visitor parking area is easily accessible off of enn Avenue.
Pond
Pond
Dick'sSportingGoods
City of Richfield Public Parking
“Park and Ride”
GSA Parking
DockArea
Common
Tower D
Tower C
Tower B Tower A
Common
I-494
76TH ST W
KNO
X A
VE S
PEN
N A
VE S
5 Level Ramp
6,600 Stalls
Visitor Parking
PARK ING & ACCESS P LAN
11BEST BUY CORPORATE CAMPUS
12 BEST BUY CORPORATE CAMPUS
R ICHF IELD OVERV IEW
The city of ich eld is located in the middle of the Twin Cities urban area
ust ten minutes from downtown inneapolis. The 35 000 residents of this
rst ring suburb live within seven square miles of neighborhoods parks and
shops. n order to remain vital the community is focusing on commercial
and residential redevelopment taking advantage of its location near ma or
freeways. trong residential neighborhoods e cellent public school system
established infrastructure and amenities like ood ake ature Center
make ich eld a community attractive to all ages.
AREA’S MAJOR EMPLOYERS
a or employers in ich eld include Best Buy 5 200 employees U Bank
00 ich eld ublic chools 7 Target 375 and the City of ich eld
2 . The 773 ich eld businesses and professional associations employ
000 people and pay annual wages into the community of nearly billion.
Sources: .ci.ric el .mn.us, . illa epro le.com
TRAFF IC COUNTS (2012 )
enn Avenue 22 300 vehicles per day
7 th treet 7 vehicles per day
-35 at -4 4 5 000 vehicles per day
-4 4 at enn Ave. 5 000 vehicles per day
Sources: M , st .com
TRANSPORTAT ION
ocated ust west of the intersection of -35 and -4 4 the Twin Cities’
two ma or highways the Best Buy Campus is strategically located and easily
accessible from all parts of the metro area. There are three etro Transit
bus lines with stops directly on the campus and the Hiawatha ight ail
ine runs from the nearby inneapolis- t. aul nternational Airport and
the all of America Bloomington to the arehouse District in downtown
inneapolis.
RECREAT ION
ich eld and the surrounding communities offer numerous and varied
entertainments. ich eld has 24 parks waterslide year-round ice arena
and -hole golf course. One-third of the city of Bloomington is parkland
and recreation space with areas dedicated to activities such as sledding
gol ng skiing shing swimming boating and hiking.
Two movie theaters located in the all of America and outhdale all offer
a total of 30 screens showing the latest blockbusters while the andmark
dina Theatre shows art house lms and documentaries.
R IR CHCHF IELD OVERV IEW
Thee cityy of ich eld is located in the middldldlle eeee e ofooooo thehehehehee TTTTTTTTwiwiw nn CiiCiCiCC titititit esee uuuuuurbbrbaaana areaaaa
ust tenen minutes from downtown inneeapoliss. ThThThThThT ee eee 3535355355 00000000000 rrrrrreseesesee idddenennenntst oooof thisss
rrstst rinngg suburb live within seven squaree mimim les off nnnnnnneieeieieighghghgghbobobooborhrhrrhr ooo dsdsdsds papapap rkrkrkr ss aaandn
hshoopss. n order to remain vital the comommmumumumuuuninn tyty iis fofofofofof cucucuc sisisingngngggg oon cococococommmmmmmmerrere cicicic ala
andd reessidential redevelopment taking adadddvavavantnn agagagagaage e ofof iiiiiitstststststs lllllocococatatatioioooooonnn neneen arararaa mmmaaaaa ororrror
freeewaayys. trong residential neighborhoooooodsddsd e cecccellllllllenent t pupuuuuublblblbblicicc ssschchchhhoooooo lll sysysysss stststemememmmm
esestaabllisished infrastructure and amenitiesss lllikkikikike oooooodododododod akakke eeeee aaatututureeereere CCCCeenenene teteterrr
makek ich eld a community attractive to allllll aggagaggeseeesee ..
ARAREAA’S MAJOR EMPLOYERSSS
aa or r eme ployers in ich eld include Beeeststs BBBuyuyuyuy 55 202000 emememememempplpp oyoyoyeeeeeessssss UUU BBBananankkkk kk
00 ich eld ublic chools 7 TaTaTargrgrgetetete 373773755555 anand d ththtthththe e eee CiCiCitytyy ooof f ffff iichchh eeeldld
2 . TThe 773 ich eld businesses andndnd pppproroofefeessss ioiooionanananaaall asassososs ciciciiciatatatatiioionsnss eemmpmpmpmm loloooloy yyyyy
00000 people and pay annual wages into thththeee cococommmmmmmmunununununuu ititititittyyyyyy ofofofofoff nneaeeaarlrlrlrlrly y yyyy bbilillililiiiionononooo ..
SoS uurcees:: .ci.ric el .mn.us, . illa epro le.cocococommmm
TRTRAFAFF IC COUNTS (2012 )
eennn AAvev nue 22 3300000 vvvehehehiciciclees per dadaaayyyyyy
7 th treet 77 vvvveehhicicicleleleless s pepepepepper r r r dadadadadadayyyy
-355 at -4 4 5 000 vehiclees s pepepepeper r r r r dadadadadadayyyyyyy
-44 4 aat enn Ave. 5 000 vehicles per ddddayayayyy
SoSouurcees:s: M , st .com
TRANSPS ORORTTATAT T IT IONON
ocated ust wesst t ofof tthehe intnterses cttioon n of -35 andd -4 4 the Twin Cities’
two ma or hiigghwaays thhe e Best Buy Campus is strategically located and easily
accessible from all parts of the metroo area.. There are three etro Transit
bus lines with sstops directly on the campus and theh Hiawatha ight ail
iiine runs from the nearby inneapolis- t. aul nternational Airport and
ththhththeeeeee all of America Bloomington to the arehouse District in downtown
iiiiinnnnnnnnnnneapolis.
RRRERER CRRRRCRRREAE T ION
iiichchchchc eeldlddddldd and thhe surrounding communities offer numerous and varied
enennnnntetetetet rtrtrtrtrtrttaia nmnmmmmmmmene ts. ich eld has 24 parks waterslide year-round ice arena
anaa ddddd -h-hololololololeeeeee golf course. One-third of the city of Bloomington is parkland
anannnndd rereeeeeecrcrcrcrcrcrcrc eaeeeeee titiiiioooononnoo sspace with areas dedicated to activities such as sledding
ggogogogoog llll ngnnnnnng skskskskskskiiiiiiii ngg sshing swimming boating and hiking.
TwTwT o o momomomomoooovivivivvv e thththththththeeeeaeaeae tteers located in the all of America and outhdale all offer
a a a tototot tal lll ofofofofofoo 33330 000 scscscscsccscrreens showing the latest blockbusters while the andmark
ddddddininnninnaaaaaa ThTheaeaeaeaee trtrttrtreee ssssshhhs ows art house lms and documentaries.
13BEST BUY CORPORATE CAMPUS
CAMPUS AER IAL PHOTOS
14 BEST BUY CORPORATE CAMPUS
outhtown hopping Center ust across -4 4
on enn Avenue is a perfect place to run
errands at lunch or after work with Target
ainbow oods algreens ohls reat
Clips and a U tore among many others.
There are also multiple dining options such
as immy ohn’s cDonald’s Applebee’s
ubway and Bruegger’s Bagels. ust over
one mile away is the hops at yndale with
retailers such as Best Buy ports Authority
et mart and Babies ’ Us; restaurants
include Don ablo’s ubway and instein
Bagels.
enn American is a planned mi ed-use
redevelopment pro ect at the southeast
corner of enn Avenue outh and American
Boulevard which will provide a balance of
community spaces parking options retail
and of ce space and residential homes.
The rst phase of the pro ect opened in
eptember 20 2.
outhdale all the nation’s oldest fully-
enclosed mall is only 2.5 miles from the Best
Buy Campus. Anchors include C enney
acy’s arshalls and A C Theatres.
The District on rance is a part of the mall
focusing on entertainment and dining with
SHOPP ING
restaurants such as the Cheesecake actory and
Chang’s.
The all of America the nation’s largest shopping
and entertainment comple is only four miles from
the Best Buy campus. ith more than 500 stores
50 restaurants and two million square feet of space
the all of America is an e tremely popular tourist
destination in the United tates.
15BEST BUY CORPORATE CAMPUS
CB nc. operates within a global family of companies with many subsidiaries and/or related entities each an “Af liate” engaging in a broad range of commercial real estate businesses including but not limited to brokerage services property and facilities management valuation investment fund management and development. At times different Af liates may represent various clients with competing interests in the same transaction. or e ample this emorandum may be received by our Af liates including CB nvestors nc. or Trammell Crow Company. Those or other Af liates may e press an interest in the property described in this emorandum the “ roperty” may submit an offer to purchase the roperty and may be the successful bidder for the roperty. ou hereby acknowledge that possibility and agree that neither CB nc. nor any involved Af liate will have any obligation to disclose to you the involvement of any Af liate in the sale or purchase of the roperty. n all instances however CB nc. will act in the best interest of the client s it represents in the transaction described in this emorandum and will not act in concert with or otherwise conduct its business in a way that bene ts any Af liate to
the detriment of any other offeror or prospective offeror but rather will conduct its business in a manner consistent with the law and any duciary duties owed to the client s it represents in the transaction described in this emorandum.
This is a con dential emorandum intended solely for your limited use and bene t in determining whether you desire to e press further interest in the acquisition of the roperty.
This emorandum contains selected information pertaining to the roperty and does not purport to be a representation of the state of affairs of the roperty or the owner of the roperty the “Owner” to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All nancial pro ections and information are provided for general reference purposes only and are based on assumptions relating to the general economy market conditions competition and other factors beyond the control of the Owner and CB nc. Therefore all pro ections assumptions and other information provided and made herein are sub ect to material variation.
All references to acreages square footages and other measurements are appro imations. Additional information and an opportunity to inspect the roperty will be made available to interested and quali ed prospective purchasers. n this emorandum certain documents including leases and other materials are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. nterested parties are e pected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this emorandum in any manner.
either the Owner or CB nc nor any of their respective directors of cers Af liates or representatives make any representation or warranty e pressed or implied as to the accuracy or completeness of this emorandum or any of its contents and no legal commitment or obligation shall arise by reason of your receipt of this emorandum or use of its contents; and you are to rely solely on your investigations and inspections of the roperty in evaluating a possible purchase of the real property.
16 BEST BUY CORPORATE CAMPUS
The Owner e pressly reserved the right at its sole discretion to re ect any or all e pressions of interest or offers to purchase the roperty and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this emorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this emorandum or making an offer to purchase the roperty unless and until written agreement s for the purchase of the roperty have been fully e ecuted delivered and
approved by the Owner and any conditions to the Owner’s obligations therein have been satis ed or waived.
By receipt of this emorandum you agree that this emorandum and its contents are of a con dential nature that you will hold and treat it in the strictest con dence and that you will not disclose this emorandum or any of its contents to any other entity without the prior written authori ation of the Owner or CB nc. ou also agree that you will not use this emorandum or any of its contents in any manner detrimental to the interest of the Owner or CB nc.
f after reviewing this emorandum you have no further interest in purchasing the roperty kindly return this emorandum to CB nc.
CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
© 2013 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
17BEST BUY CORPORATE CAMPUS
WWW.CBRE .COM/BESTBUYCAMPUS
CONTACT
JIM LEARY
MINDY RIETZ
