Santa Barbara Office for Lease

expand from an inefficient office and R&D facility in downtown Santa Barbara. The initial goal was to double the space from 35,000 to approximately 80,000 sf on the South Coast, with a secondary effort to lower the occupancy costs per square foot. The client interviewed several brokerage companies with the intent of awarding one with the exclusive representation assignment--Steve Hayes was chosen to represent Digital Sound Corp. in 1988. RESULTS: A search was conducted to select either an

sublease 170,000 sq. ft. of office space in three buildings. Hayes and DeJohn co-listed these buildings with Cushman & Wakefield in San Francisco. RESULTS: Hayes and DeJohn subleased a 38,000 sf office building at the Santa Barbara Business Park to Bargain Network and then leased an 86,000 sf office building to Indigo Systems. The final building, a 43,000 sf office building, was subleased to three separate tenants: Cottage Hospital, SB Regional Health, and Warp 9 Technologies. 3700 State

2000 to market and sell the office building after their major tenant had vacated. At the time, the building had a vacancy of 65%. RESULTS: Cornell and Leider marketed the property through direct contact with appropriate investors, potential users, and to the open market to secure a buyer. They assisted Paul Orfalea in the acquisition of the property for investment purposes as well as to accommodate his personal offices. The property sold for $4,400,000 in September 2000 with Cornell and

LOCATION: 1001 State Street, Santa Barbara, CA SIZE: 48,000 sf PROJECT TEAM: Clarice Cornell , Stephen Leider ASSIGNMENT: Hired to represent Bernheim Trust in this investment leasing deal for the major retail location in downtown Santa Barbara. RESULTS: Negotiated a leasing disposition for J.C. Penney and brought in Saks Fifth Ave. for a 20-year lease of the property. 3700 State Street, Suite 240, Santa Barbara, CA 93105 | tel: 805-563-2111 | fax: 805-898-4360 © 2004 - 2007 Leider Hayes

FOR LEASE 6950 Hollister Ave, Goleta, CA 93117 Storke Hollister Research Center Square Feet: 2,390 SF Available: Now Total Building Size: 58,000 sf Rental Rate: $1.75 NNN (.45) Term: Master LEASE expires April 21, 2011 Parking: 3/1,000 sf Zoning: M-RP HVAC: Throughout Restrooms: Common Floor Location: First Floor Showings: Contact Listing Agent Comments: Class A office building close to the restaurants and amenities of Camino Real Marketplace, Kmart Shopping Center, The Plaza and UCSB. The

FOR LEASE 3700 State St, Santa Barbara, CA 93105 Class A Upper State Office Square Feet: 1,077-4,271 SF Available: Now Rental Rate: $2.40 NNN (.61) Term: 3 - 5 years Parking: 3.7/1,000 sf Zoning: R-O Elevator: Yes HVAC: Throughout Sprinklers: Yes Restrooms: Common Floor Location: Second Showings: Contact Listing Agent Comments: Suite 200: 1,882 sf Suite 220: 1,313 sf Suite 230: 1,077 sf Class A Office building on Upper State Street with excellent parking. Suites can be rented separately or

FOR LEASE 5383 Hollister Ave., Goleta, CA 93117 Santa Barbara Corporate Center Square Feet: 2,088-23,802 SF Available: Now Total Building Size: 81,000 SF Rental Rate: $1.65 NNN (.42) Term: Master LEASE expires 2/28/2012 APN: 071-140-074 Floors: 2 Parking: 3/1,000 sf Load Factor: 11% Zoning: P-I Elevator: Yes HVAC: Yes Sprinklers: Yes Restrooms: Common Floor Location: 2nd Showings: Call listing agents Amenities: On-site gym with shower/locker room, basketball and volleyball courts. Comments:

LOCATION: 3916 State Street, Santa Barbara SIZE: 21,500 SF , Stephen Hayes , Michael Paskin , Francois DeJohn ASSIGNMENT: The team of Steve Hayes, Francois DeJohn and Michael Paskin were contracted by the building owner to lease approximately 10,000 sf of office space located on upper State Street/ RESULTS: Steve, Francois and Michael successfully identified and negotiated leases on behalf of a local technology company and a regional financial services company. 3700 State Street, Suite 240,

more than 25 years in the Santa Barbara community. Combining Strengths Both Leider Group and Blair Hayes Commercial possessed formidable reputations in the region and maintained very complementary core business specializations. The Leider Group was renowned for its retail expertise, having played a significant role in the majority of the large-scale retail transactions closed in the

represented IPT in a 7-year lease for 9,500 sf of office space at the Santa Barbara Business Park in Goleta. In the negotiation, IPT received a very favorable tenant improvement allowance that allowed for an interior remodel to suit its needs. A letter of recommendation from the client is available upon request. 3700 State Street, Suite 240, Santa Barbara, CA 93105 | tel: 805-563-2111 | fax: 805-898-4360 © 2004 - 2007 Leider Hayes