ULTA SALON, COSMETICS & FRAGRANCE, INC. BUILDING 2 - BOLINGBROOK CORPORATE CENTER WEST - BOLINGBROOK, ILLINOIS 1150 115TH STREET
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
ULTA SALON, COSMETICS & FRAGRANCE, INC.
BUILDING 2 – BOLINGBROOK CORPORATE CENTER WEST
1150 115TH STREET
BOLINGBROOK, ILLINOIS
Jeffrey C. Smith, P.E.
IDI, Inc.
Vice President Leasing & Development
630-919-1045
jsmith@idi.com
TABLE OF CONTENTS
ULTA Salon, Cosmetics & Fragrance, Inc.
I. Proposal
II. Bolingbrook Corporate Center West – Bolingbrook, Illinois
Location Map
Aerial Photo
Park Plan
III. Building 2 – Bolingbrook Corporate Center West – Bolingbrook, Illinois
Rendering
Site Plan
Outline Specification
IV. IDI Overview
About IDI
IDI Office and Project Locations Map
I. PROPOSAL
February 18, 2009
Mr. Jack Rosenberg
Mr. Fred Regnery
Colliers, Bennett & Kahnweiler
6250 North River Road
Suite 11-100
Rosemont, IL 60018
RE: ULTA Salon, Cosmetics & Fragrance, Inc.
Building 2 - Bolingbrook Corporate Center West
1150 115th Street
Bolingbrook, Illinois
Gentlemen,
IDI is pleased to submit this proposal to lease to ULTA Salon, Cosmetics & Fragrance,
Inc. (“ULTA”) a portion of Building 2 located in IDI’s Bolingbrook Corporate Center West
Corporate Park, Bolingbrook, Illinois. This proposal is based upon information provided
by Colliers, Bennett & Kahnweiler and is further clarified by the attached site plan E1
dated 2/13/09. The following is a summary of our proposal:
LOCATION
The building site is approximately 21.55 acres Zoned I-1 and is located in IDI’s 73 acre
Bolingbrook Corporate Center West (“BCC West”), Bolingbrook, Illinois. BCC West is
located at the corner of 115th Street and Weber Road, approximately one mile north of
the Weber Road interchange at I-55. Additionally, BCC West offers convenient access
to the I-55/Rt. 53 interchange via the recently completed Remington Road extension.
IDI 500 Park Boulevard, Suite 750, Itasca, Illinois 60143 (630) 919-1040 Fax: (630) 919-1041 www.idi.com
Mr. Jack Rosenberg
Mr. Fred Regnery
Bolingbrook Corporate Center West Building 2 Proposal
February 18, 2009
Page 2 of 5
FACILITY
The facility totals approximately 453,090 SF of which IDI proposes to lease
approximately 324,014 SF to ULTA. The space proposed would include the
following:
Square Footage: 453,090 Total Building
Tenant Warehouse: 314,014
Tenant Office: 10,000
Tenant Total: 324,014
Car Parking: 211 (expandable)
Truck Docks: 34 (expandable)
Drive-in Doors: 1
Trailer Parking: 68
Office Build-Out A $650,000 allowance (10,000 SF at
Allowance: $65/SF). The allowance includes all costs
incurred by IDI on behalf of Tenant for
design, permit, supervision, and construction
associated with the office build-out.
Electrical Service: 2,000 amp, 277/480 volt, 3-phase service
Warehouse Light T-5 HO fluorescent fixtures providing 36 foot-
Fixtures: candles arranged in a general lighting pattern
with energy saving photocell operation at the
staging bays and motion detectors on 50% of
the remaining interior warehouse fixtures.
Mr. Jack Rosenberg
Mr. Fred Regnery
Bolingbrook Corporate Center West Building 2 Proposal
February 18, 2009
Page 3 of 5
FACILITY
Battery Charging We have provided power and disconnects for
Stations: 25 battery chargers located on the south
exterior wall adjacent to the office.
Provisions include ventilation, acid
neutralization basin, eyewash, and drain.
Signage: A building monument sign is provided for
tenant signage. Cost of individual graphics
and logo is by Tenant.
This building is being designed and built with the intention of obtaining
Silver LEED certification for sustainable design and energy conservation.
Please refer to the attached Outline Specification for a more detailed description
of these items and the general building components.
TERMS
IDI proposes to lease the aforementioned space to ULTA for the following rates:
5 YEAR & 3 MONTH TERM 10 YEAR & 3 MONTH TERM
Years: Rate: Years: Rate:
1 $3.10/SF/YR 1 $3.10/SF/YR
2-5 2.5% Annual 2-10 2.5% Annual
Escalations Escalations
The rates quoted are net with Landlord having responsibility for roof and
structure and ULTA having responsibility for all other costs of occupancy. A
security deposit equal to one month’s net rent will be required.
Mr. Jack Rosenberg
Mr. Fred Regnery
Bolingbrook Corporate Center West Building 2 Proposal
February 18, 2009
Page 4 of 5
EXPENSES
The following estimates are provided for budgeting purposes only:
Taxes: $0.90/SF/YR - $1.00/SF/YR (Fully Assessed)
$0.31/SF/YR (2008 Taxes Payable 2009)
Insurance: $0.05/SF/YR
Building CAM: $0.35/SF/YR - $0.45/SF/YR
Management: 3%
SCHEDULE
If a lease with ULTA is fully executed by May 1, 2009, the following dates will
apply.
Occupancy/Lease Commencement – February 1, 2010
Rent Commencement – May 1, 2010 (3 months net rent abatement)
Only a fully executed Lease Agreement shall constitute a binding agreement between
parties. This letter does not create or imply the existence of any legal obligation of
ULTA Salon, Cosmetics & Fragrance, Inc. or IDI.Mr. Jack Rosenberg
Mr. Fred Regnery
Bolingbrook Corporate Center West Building 2 Proposal
February 18, 2009
Page 5 of 5
Thank you for the opportunity to present this proposal. We hope we have provided the
information you require. We look forward to meeting with you and ULTA to discuss this
requirement further.
Sincerely,
Jeffrey C. Smith
Vice President Leasing & Development
JCS/kad
Attachments
cc: Ben Cremer, NAI Hiffman
Mike Robbins, NAI HiffmanII. BOLINGBROOK CORPORATE CENTER WEST
BOLINGBROOK, ILLINOISBolingbrook Corporate Center West Bolingbrook, Illinois
III. BUILDING 2 – BOLINGBROOK CORPORATE CENTER WEST
BOLINGBROOK, ILLINOISBuilding 2 – Bolingbrook Corporate Center West 1150 115TH Street Bolingbrook, Illinois
February 18, 2009
ULTA Salon, Cosmetics & Fragrance, Inc.
Outline Specification
Bolingbrook Corporate Center West
Building 2
Bolingbrook, Illinois
Site Area: + 22.044 Acres
Building Area: + 339,741 SF Total Building
Tenant Space:
314,014 SF Warehouse
10,000 SF Office
324,014 SF Total
Parking: 211 cars (expandable)
Exterior docks: 34 (expandable)
Trailer Storage: 68
Drive-in Doors: 1
Office Build-Out: 10,000 SF from a $650,000 allowance (10,000 SF at
$65/SF). The allowance includes all costs incurred by IDI on
behalf of Tenant for design, permit, supervision, and
construction associated with the office build-out.
Clear Height: 32’ to underside of joists
Site Paving: Sidewalks - 5” slab on 3” stone base
Car Parking -3” bituminous on 8” stone base
Truck Maneuvering– 2” bituminous surface course over 4”
binder coarse on a 12” stone base
Truck Apron - 8” concrete on 4” stone base
Street entry aprons - 8” concrete on 4” stone base.
Curbs: Parking lots, driveways, and trailer storage areas bounded
by B6-12 concrete curb and gutter.
Page 1 of 4Landscaping: *Water efficient landscaping to include a blend of sod,
turf, naturalized plantings, perennials, ornamental and
deciduous trees. An overall increase of green space
(non-building or hard surface) to 12.6% of total site
representing a 25% increase over the village
requirement.
Irrigation: Irrigation will be provided as required on a smaller scale
to reduce overall water usage and depletion of
resources. This will also save on operating costs.
Roof: *Single ply 45 mil., TPO mechanically fastened system
with 10-year manufacturer’s standard warranty to
eliminate heat island effect and interior heat build-up.
3.4” of Polyisocyanurate roof insulation with a minimum
R-Value of 20.6 contributing to the total operating
energy reduction of 25.8%.
Roof Drainage: Interior downspouts located around the perimeter of the
building. Roof drainage conducted underground to park
storm water system.
Exterior walls: Smooth precast with cast in reveals and an R-value of 12.
Precast joints are caulked inside and out. Exterior of precast
is stained with Benjamin Moore SuperPaint or equivalent.
Interior of precast panels are painted white.* 3’ x 9’
borrowed lights to provide natural light in the
warehouse.
Floor Slab: A seven inch (7”) thick floor slab on 6” of aggregate base
with a burnished finish and a flatness/levelness rating of
Ff35/Fl25.
Site Lighting: Provided by wall and pole mounted shoebox fixtures. Lighting
levels designed per LEED standards for additional energy
savings. Estimated savings of 22,000 KWH per year
based on 5 hours operation per night.
Exit & Emergency
Lighting: Battery operated emergency lighting and exit lighting will be
provided for the base building. Additional requirements due
to tenant fixturing and racking will be by tenant.
Page 2 of 4Electrical Service: 2,000 amp, 277/480 volt, 3-phase service
Battery Charging
Stations: We have provided power and disconnects for 25 battery
chargers located on the south exterior wall adjacent to the
office. Provisions include ventilation, acid neutralization
basin, eyewash, and drain.
Warehouse Heat: *Provided by 4 direct-fired, positive pressure units.
Warehouse Lighting: *T-5 HO Fluorescent fixtures arranged in a general
lighting pattern providing 36 foot-candles of light.
Fixtures will be controlled via daylight sensors in the
staging bays and motion detectors on 50% of the
remaining interior bay warehouse fixtures. Exit and
battery pack lights for shell space only. Additional units
required due to Tenant racking by Tenant.
Fire Sprinkler: ESFR coverage in warehouse area. One hose station
provided for each 10,000 SF of rack storage area.
Interior Metal Deck: Prime painted white.
Interior Walls: Interior precast walls are painted white.
Skylights: Insulated skylights combined with clear story glass
designed to provide up to 25 foot candles of natural
light as measured at 36” A.F.F. Warehouse can
essentially be operated with no additional lighting on
sunny days.
Dock Equipment: 34 each at 35,000 LB DLM mechanical levelers (7’ x 8’),
Fairborn dock seals, DLM truck restraints, and swing-arm
dock lights. Dock levelers include full range toe guards and
weather seals.
Overhead Doors: Solid foam filled panelized doors with baked on enamel finish
and two (2) vision windows per door R=17 to enhance
energy efficiency. Dock doors (9’ x 10’) to be manually
operated. Drive-in door (12’ x14’) to be motor operated with
push button control.
Page 3 of 4Security System: By Tenant
*Designed to meet LEED requirements of sustainable
design and energy conservation.
Page 4 of 4IV. IDI OVERVIEW
ABOUT IDI www.idi.com With a single focus on industrial real estate and eight regional development offices across the United States, IDI delivers unmatched development, investment, property management and leasing services. IDI’s state-of-the-art warehouse, distribution and light-manufacturing facilities enable clients to improve employee productivity, reduce operational costs and achieve global supply-chain efficiencies. To date, Atlanta-based IDI has developed 117 million square feet of space across North America for a growing roster of international clients. IDI’s build-to-suit program provides a variety of high-profile clients with customized space in single- and multiple-facility rollouts, for long-term leasing or direct ownership. In the case of direct ownership, we take care of project details, including design, site selection, feasibility and construction management. IDI is also a major buyer and seller of industrial assets in top and emerging markets. Our subsidiary, IDI Services Group, provides comprehensive property management, leasing and construction management services. It currently manages more than 65 million square feet of property for third-party owners such as pension funds and insurance companies.
IDI Office & Project Locations Map
You can also read
