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AQUILA PROPERTY
COMPANY
WE CREATE VALUE
Sample Transactions Completed By Aquila Property Company |
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Preferred Exchange Tower
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203,000 SF Office Building
- Coral Springs, Florida |
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Date Purchased: |
September 2000 |
Occupancy At Purchase....75% |
| Purchase Price: |
$14,700,000 ($72/sf) |
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| Date Sold: |
March, 2005 |
Occupancy At Sale............95% |
| Sale Price: |
$33,500,000 ($165/sf) |
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VALUE CREATION PERCENTAGE |
128% |
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Miami Lakes Corporate Center -
74,000 SF Office Building - Miami Lakes,
Florida |
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Date Purchased: |
September 2001 |
Occupancy At Purchase....80% |
| Purchase Price: |
$8,400,000 ($114/sf) |
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| Date Sold: |
April 2006 |
Occupancy At Sale.............99% |
| Sale Price: |
$13,950,000 ($189/sf) |
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VALUE CREATION PERCENTAGE |
66% |
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Lakes Plaza -
45,000 SF Office Building - Miami Lakes, Florida |
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Date Purchased: |
September 2002 |
Occupancy At Purchase....50% |
| Purchase Price: |
$3,900,000 ($87/sf) |
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| Date Sold: |
June, 2005 |
Occupancy At Sale..........100% |
| Sale Price: |
$6,750,000 ($150/sf) |
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VALUE CREATION PERCENTAGE |
73% |
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San Francisco
REIT Portfolio - 900,000 SF Office Portfolio
San Francisco,
California
(work performed on behalf of publicly traded REIT) |
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Date Purchased: |
1997, 1998, 2002 |
New Leases
signed/expanded 400,000 sf |
| Purchase Price: |
$140,000,000 ($155/sf) |
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Date Sold: |
September, 2000 |
| Sale Price: |
$231,000,000 ($257/sf) |
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VALUE CREATION PERCENTAGE |
65% |
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Innovation Business Park -
190,000 SF Office Park - Jupiter, Florida |
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Date Purchased: |
September, 2004 |
Occupancy at
Purchase....50% |
| Purchase Price: |
$19,000,000 ($100/sf) |
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Date Sold: | TBD |
Occupancy at Sale...........TBD |
| Sale Price: |
TBD |
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VALUE CREATION PERCENTAGE |
TBD |
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