Traditional vs StudioTeam office

 Traditional vs StudioTeam office

1st gen Class A space for 4 people, with 3 private offices, and receptionist in lobby, including conference room, copy room, supply closet, kitchen, server room, circulation area.  Common restroomsEquivalent Team office for 4 people with meeting table in center
1st Generation space2nd generation space1st Generation space
Private space SF800800200
Common space SF5005005500
Common amenitiesRestrooms, lobbyRestrooms, lobbyRestrooms, lobby, 6 different sized conference rooms, copy center with wifi copiers and blueprint printer, large kitchen, package unpack area, coffee station,  lounge with fireplace, large collaboration tables, huddle pods, server room, FUTURE AMENITIES ON 2ND FLOOR whiteboarding center, 630 sf training room with full AV, addl 5 conf rooms, addl lounge
Rental term in months6060month to month
FSG rent with 2.5% bumps$2,300$1,866$1,600
Services  INCLUDED
Copier contract monthly$75$75
Fiber internet monthly$200$200
Coffee service$75$75
Tech support for network/printer$200$200
Total Monthly services$550$550
Start up expenses  
Deposit$2,300$1,866
TI contribution @ $45 psf / 2nd gen refurbishment @ $25 psf$36,000$20,000
Low voltage wiring install / reconfigure$2,000$1,500
FFE @ $20 psf16000$16,000
Total start up expenses$56,300$39,366
Total 5 year Costs  
Rent payments$145,077$120,639$103,444
Services over 5 years$33,000$33,0000
Start up expenses$56,300$39,3660
TOTAL$234,377$193,005$103,444
Deposit return230018660
 $232,077$191,139$103,444
Ability to add or reduce spaceNONOYES

Traditional office space vs Studio Suite

Traditional office space vs Studio Suite

Class A office building. 7 private offices, 4 open desks/cubicles, conference room,  copy room, supply closet, kitchen, server room, circulation area, common restroomsEquilavent new space in a Studio Suite, fully furnished.  7 private offices,  open office space for 4, Conference room, Lobby,
1st Generation space2nd generation space1st Generation Space
Private space SF340034001700
Common space SF5005008000
Common amenitiesRestrooms, lobbyRestrooms, lobbyRestrooms, lobby, 11 different sized conference rooms, 2 copy centers with wifi copiers and blueprint printer, large kitchen, package unpack area, 2 coffee stations, whiteboarding center,  lounges with fireplace, large collaboration tables, huddle pods, server room, 630 sf training room with full AV
Rental term in months6060month to month
 FSG rent with 2.5% bumps$10,500$8,500$9,900
Services  INCLUDED
Copier contract monthly$75$75
Fiber internet monthly$200$200
Coffee service$75$75
Tech support for network/printer$200$200
      Total Monthly services$550$550
Start up expenses  
Deposit$10,500$8,500
TI contribution @ $45 psf / 2nd gen refurbishment @ $25 psf$157,500$87,500
Low voltage wiring install / reconfigure$5,000$3,500
FFE @ $20 psf$68,000$68,000
     Total start up expenses$241,000$167,500
Total Occupancy Costs  
Rent payments$652,000$525,574$624,767
Services over 5 years$33,000$33,000$0
Start up expenses$241,000$167,500$0
TOTAL$926,000$726,074$624,452
Deposit return$10,500$8,500 
Ability to add or reduce spaceNONOYES

Traditional vs StudioTeam office

 Traditional vs StudioTeam office

1st gen Class A space for 4 people, with 3 private offices, and receptionist in lobby, including conference room, copy room, supply closet, kitchen, server room, circulation area.  Common restroomsEquivalent Team office for 4 people with meeting table in center
1st Generation space2nd generation space1st Generation space
Private space SF800800200
Common space SF5005005500
Common amenitiesRestrooms, lobbyRestrooms, lobbyRestrooms, lobby, 6 different sized conference rooms, copy center with wifi copiers and blueprint printer, large kitchen, package unpack area, coffee station,  lounge with fireplace, large collaboration tables, huddle pods, server room, FUTURE AMENITIES ON 2ND FLOOR whiteboarding center, 630 sf training room with full AV, addl 5 conf rooms, addl lounge
Rental term in months6060month to month
FSG rent with 2.5% bumps$2,300$1,866$1,600
Services  INCLUDED
Copier contract monthly$75$75
Fiber internet monthly$200$200
Coffee service$75$75
Tech support for network/printer$200$200
Total Monthly services$550$550
Start up expenses  
Deposit$2,300$1,866
TI contribution @ $45 psf / 2nd gen refurbishment @ $25 psf$36,000$20,000
Low voltage wiring install / reconfigure$2,000$1,500
FFE @ $20 psf16000$16,000
Total start up expenses$56,300$39,366
Total 5 year Costs  
Rent payments$1,45,077$1,20,639$1,03,444
Services over 5 years$33,000$33,0000
Start up expenses$56,300$39,3660
TOTAL$2,34,377$1,93,005$1,03,444
Deposit return230018660
 $2,32,077$1,91,139$1,03,444
Ability to add or reduce spaceNONOYES

Traditional office space vs Studio Suite

Traditional office space vs Studio Suite

Class A office building. 7 private offices, 4 open desks/cubicles, conference room,  copy room, supply closet, kitchen, server room, circulation area, common restroomsEquilavent new space in a Studio Suite, fully furnished.  7 private offices,  open office space for 4, Conference room, Lobby,
1st Generation space2nd generation space1st Generation Space
Private space SF340034001700
Common space SF5005008000
Common amenitiesRestrooms, lobbyRestrooms, lobbyRestrooms, lobby, 11 different sized conference rooms, 2 copy centers with wifi copiers and blueprint printer, large kitchen, package unpack area, 2 coffee stations, whiteboarding center,  lounges with fireplace, large collaboration tables, huddle pods, server room, 630 sf training room with full AV
Rental term in months6060month to month
 FSG rent with 2.5% bumps$10,500$8,500$9,900
Services  INCLUDED
Copier contract monthly$75$75
Fiber internet monthly$200$200
Coffee service$75$75
Tech support for network/printer$200$200
      Total Monthly services$550$550
Start up expenses  
Deposit$10,500$8,500
TI contribution @ $45 psf / 2nd gen refurbishment @ $25 psf$1,57,500$87,500
Low voltage wiring install / reconfigure$5,000$3,500
FFE @ $20 psf$68,000$68,000
     Total start up expenses$2,41,000$1,67,500
Total Occupancy Costs  
Rent payments$6,52,000$5,25,574$6,24,767
Services over 5 years$33,000$33,000$0
Start up expenses$2,41,000$1,67,500$0
TOTAL$9,26,000$7,26,074$6,24,452
Deposit return$10,500$8,500 
Ability to add or reduce spaceNONOYES
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