High Rise Office: CSS Completed for 2004 Tax Year

The facility consists of a 35-story office tower with a six story adjacent parking garage. The subject property has a footprint of approximately 21,500 SF with a total gross area of approximately 650,000 SF and occupies a 1.34 acre site. Approximately one acre of the site is dedicated to a landscaped public plaza.

• Placed in Service: March 2004
 
• Cost Basis: $112,760,352
 
• Accelerated: $14,884,370 (13.2%)
 
• 1st Year Savings: Over $700,000*
 
• 10-Year NPV Savings: Over $1,700,000**

Medical Office: CSS Completed for 2004 Tax Year

The four story medical office building has a footprint of approximately 12,700 SF with a total gross area of approximately 50,800 SF. The facility is located on a 3.26 acre site with an additional remote parking area constructed on a 2.70 acre site.

• Placed in Service: November 2004
 
• Cost Basis: $9,447,956
 
• Accelerated: $3,270,000 (32.7%)
 
• 1st Year Savings: Over $600,000*
 
• 10-Year NPV Savings: Over $1,000,000**

Four Story Office: CSS Completed for 2003 Tax Year

This four story office building occupies a site of 7.32 acres with total space of approximately 98,800 sqare feet.

• Placed in Service: October 2002
 
• Cost Basis: $9,555,966
 
• Accelerated: $1,949,688 (20.4%)
 
• 1st Year Savings: Over $22,000*
 
• 10-Year NPV Savings: Over $427,000**