Re: Survey

This is an executive suite, all inclusive arrangement (Regus or HQ, etc). I try to weed these out, but this one came up anyway.

Jim Layton, Esq.

Vice President, Grubb & Ellis Company

1825 Eye Street NW, Suite 450

Washington, DC 20006

D 202.312.5775 F 202.312.5450

www.grubb-ellis.com

From: Eric Montalvo [mailto:montalvoesq@yahoo.com]
Sent: Friday, February 12, 2010 1:03 PM
To: Layton, Jim
Subject: Re: Survey

Any additional info re #68 in first survey?

Sent via BlackBerry by AT&T

From: "Layton, Jim" <Jim.Layton@Grubb-Ellis.com>

Date: Fri, 12 Feb 2010 09:02:47 -0800

To: <montalvoesq@yahoo.com>

Subject: RE: Survey

Another smaller survey, in case you don’t combine with the accountants. You’re going to be on the larger end of this….

I also sent this to Brad.

Thanks,

Jim

Jim Layton, Esq.

Vice President, Grubb & Ellis Company

1825 Eye Street NW, Suite 450

Washington, DC 20006

D 202.312.5775 F 202.312.5450

www.grubb-ellis.com

From: Eric Montalvo [mailto:montalvoesq@yahoo.com]
Sent: Friday, February 12, 2010 11:37 AM
To: Layton, Jim; Haytham Faraj; Neal Puckett
Subject: Re: Survey

Jim I will let you know once I know how long haytham will be here

Top end by ourselves is 3500

Sent via BlackBerry by AT&T

From: "Layton, Jim" <Jim.Layton@Grubb-Ellis.com>

Date: Fri, 12 Feb 2010 07:58:34 -0800

To: <montalvoesq@yahoo.com>

Subject: RE: Survey

Crazy as it seems, Monday is a holiday for most of the District, and the buildings will be closed. If Tuesday works let me know which buildings are of interest and I can start to arrange it today…We need a little lead time to arrange with other brokers.

Let me know.

Call me on my cell if you want to discuss. 202 258 8880.

Thanks.

Jim

Jim Layton, Esq.

Vice President, Grubb & Ellis Company

1825 Eye Street NW, Suite 450

Washington, DC 20006

D 202.312.5775 F 202.312.5450

www.grubb-ellis.com

From: Eric Montalvo [mailto:montalvoesq@yahoo.com]
Sent: Friday, February 12, 2010 10:27 AM
To: Layton, Jim
Subject: Re: Survey

What about Monday?

Sent via BlackBerry by AT&T

From: "Layton, Jim" <Jim.Layton@Grubb-Ellis.com>

Date: Thu, 11 Feb 2010 14:37:48 -0800

To: Eric Montalvo<montalvoesq@yahoo.com>

Subject: RE: Survey

Eric –

The buildings are not open on weekends. Give me a day next week, say Tues or Weds. Typically we see 3 to 6 buildings, in about 1. 5 hours, starting around 10 am, or 1:30 pm.

Jim

Jim Layton, Esq.

Vice President, Grubb & Ellis Company

1825 Eye Street NW, Suite 450

Washington, DC 20006

D 202.312.5775 F 202.312.5450

www.grubb-ellis.com

From: Eric Montalvo [mailto:montalvoesq@yahoo.com]
Sent: Thursday, February 11, 2010 1:59 PM
To: Layton, Jim
Subject: Re: Survey

How does morning Saturday look for office shopping?

From: "Layton, Jim" <Jim.Layton@Grubb-Ellis.com>
To: montalvoesq@yahoo.com; Brad Olander <brad@goldstargroup.com>
Cc: "Layton, Jim" <Jim.Layton@Grubb-Ellis.com>
Sent: Tue, February 9, 2010 10:46:44 AM
Subject: Survey

Greetings,

The attached survey is based on the following:

CBD (Farragut / Depont area) and the East End (metro center, china town)
2,500 to 3,500 sf – keep in mind, using 250 sf per person, this accommodates from 10 to 14 people
Up to $40 psf
Direct and sublet – under the column “user/type”, D means direct, S means sublet

Ignore the properties that have NNN after the stated rental rate. NNN means to add $20 psf for operating expenses.

L means lower level and typically windowless space.

Here’s a few of the numbers you might consider: # 1, # 4, # 26, # 31, # 45, # 58.

I’ve also attached a 4^th Quarter 2009 Market Report for background.

Enjoy the second round of snow.

Jim

PS I tried to send this yesterday, but ran into computer problems here at home….

Jim Layton, Esq.

Vice President, Grubb & Ellis Company

1825 Eye Street NW, Suite 450

Washington, DC 20006

D 202.312.5775 F 202.312.5450