5.0. EDSR 05-09-2005 - Laserfiche WebLink

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• Exposure: Duke owns more than 7 million square feet of space in the Twin Cities and over 110 million square feet nationally and therefore has unmatched exposure to a large tenant and broker universe. We have completed multi-market deals for a variety of companies which allows us to cross market ourselves and the land that we develop. We work with every major brokerage house on a daily basis, allowing us to stay in front of a large pool of potential clients and dealmakers. Through our website, face-to-face dealings, and industry presentations,we provide a scope of marketing and awareness of our products and projects throughout the marketplace. Owner's Perspective: We deliver an owner's perspective to each project we develop and this perspective adds value to your Brown Business Park development. We own, on a long term basis, a majority of the projects we develop. This owner's perspective helps us add value to your project because we recognize the value of making the right decisions at the early stages of a project. We have learned how flexible design and the use of the high quality materials add value to a project over time, value that is sometimes difficult to see in the beginning. It is important to design and develop a project that responds to the current market, and simultaneously anticipates the future needs of our clients, our municipal partners and future market conditions. As a long term owner of many of the projects we develop,we • have learned many lessons that help our developments stand the test of time. This perspective and these lessons learned add value to your project. In short,we believe that our experience as a real estate developer and owner,our in-house expertise and exposure in the market and our unparalleled delivery system is unmatched by any of our competitors and adds value to your project. Why do we believe 100,000 square foot buildings will work on this site? With its location next to the proposed Northstar Commuter Rail as well as the site's proximity to Highways 101, 10, and 169,we believe this site will be attractive to larger companies. A need for mass transit, either rail or bus lines,has always been a component in a site search for the manufacturing industry. Furthermore, the population growth in the North and Northwest metropolitan area will help attract larger users to Elk River. The other aspect we have considered is expansion options. The ability to expand a building to accommodate future growth is important to many companies. If a medium size prospect is identified and we can show them how the site could accommodate a larger building in the future,this development becomes that much • more attractive. This would also add to some of the flexibility issues that have been expressed.