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Central Highlands Plaza (Albertson)
pageAt l 456005D Flora Lee From: Dayna Desmond <DDesmond@argoinvest.com> Sent: Friday, February 02, 2018 4:53 PM To: Josef Harnden Cc: Flora Lee; Bob M Hanson Subject: RE: Central Highlands Plaza Thank you Joey. Tracy Jilek is our on-site maintenance guy—206-713-0486 and tracviilek@comcast.net Thanks and have a nice weekend.... PLEASE NOTE OUR OFFICE ADDRESS HAD CHANGED Dayna Desmond Senior Asset Manager Argonaut Investments, LLC 101 Larkspur Landing Circle,Suite 120 Larkspur, CA 94939 415-945-2473—Office 415-328-1438—Cell 415-945-2460—Fax ddesmond@argoinvest.com www.argoinvest.com From: Josef Harnden [mailto:JHarnden@Rentonwa.gov] Sent: Friday, February 02, 2018 4:33 PM To: Dayna Desmond Cc: Flora Lee; Bob M Hanson Subject: Central Highlands Plaza Dayna, Thank you for confirming that you will be the point of contact for the Central Highlands Plaza property ownership. I am including Flora Lee (425-430-7303),the Duvall Ave NE (NE 7th Street to Sunset Blvd NE) Project Manager for the City of Renton, and Bob Hanson (425-430-7223),the City's Transportation Design Manager in this message, as you will likely be dealing mostly with them. That said, I am always available to relay messages to them if needed. To give you a brief description of the project, I have attached a page from our Transportation Improvement Program publication. Please provide the contact info for Tracy Jilek, the onsite maintenance person. Thank you, Joey Harnden, Capital Projects Administrative Secretary I Public Works Department I Transportation Division I Phone: (425)430-7225 1 CITY OF - Renton :t 2 a ADVERTISEMENT Nov Scatrtt t'roperi4y TTC 23iii fbap'I'hi-,i'roperty t:I<xeszrs of Tents Arta 1:cp6r1 t'eint I'ro writ'141.1:11 71 • PARCEL DATA . Parcel '149450-0050 Jurisdiction RENTON Name CARGO RENTON LLC Levy Code 2100 Site Address 4601 NE SUNSET BLVD Property Type C__....__....___..........._.__...._............ ...__'._._—.._.__.___. 98059 Plat Block I Building Number Geo Area ;75-60 Plat Lot I Unit Number 5 ' Spec Area • 1250-461 --_ ___ _ —. _ . __ —_ Quarter-Section-Township- SW3-23.5 . i CENTRAL HIGHLANDS Range ;PLAZA-PARKING FOR Property Name ;ADJACENT BIG BOX RETAIL Legal Description CENTRAL HIGHLANDS PLAZA-BSP AMENDED BINDING SITE PLAN PLat Block: Plat Lot:5 ' LAND DATA • COMMERCIAL Percentage Unusable • Highest&Best Use As If Vacant ..-._._ _. • SERVICE , Unbuildable NO • Highest&Best Use As (unknown) Restrictive Size Shape !YES Improved Present Use Parking(Assoc) ZoningCA ADVERTISEMEN • -- Water I WATER DISTRICT Land SyFt 235,626 ' :.............._....................................................... Sewer/Septic PUBLIC Acres 5.41 Road Access PUBLIC Parking ADEQUATE '_ Street Surface — PAVED — . Views Waterfront Rainier 1Waterfront Location~ _ Territorial _....__..__..._......_...._..._...._........--- -.._._..........._......_ -- --- Waterfront9 Footage _. ...._._. _.. o Olympics Lot Depth Factor 10 Cascades Waterfront Bank Seattle Skyline Tide/Shore Puget Sound i Waterfront Restricted Access Lake Washington Waterfront Access Rights NO ' Lake Sammamish Poor Quality — NO • Lake/River/Creek Proximity Influence NO Other View Designations Nuisances ' Historic Site Topography 1 Current Use (none) Traffic Noise Nbr Bldg Sites I Airport Noise • Adjacent to Golf Fairway 1 NO Power Lines NO . Adjacent to Greenbelt I NO Other Nuisances NO . Other Designation 1 NO Problems ` Deed Restrictions NO Water Problems • NO Development Rights Purchased NO Transportation Concurrency . NO ' Easements NO Other Problems NO Native Growth Protection NO Environmental Easement — -- • DNR Lease 1 NO Environmental I NOa� µ BUILDING • • TAX ROLL.IIISI'URY i Taxable Valued Tax;Omit Levy I Appraised Appraisedp Appraised New Taxable Imps Taxable Tax Account Land Imps Total ' Dollars Land Total Value Year Year:Year Code, Value + I Value($) Value($) Value($) ($) I Value($) ($) I Value($) Reason 11494500050090017 2018« 2100 4,241,200 0 4,241,200 0 4,241,200 0 14,241,2200 ' 14945000500912016 20171 2100 4,005,600 0 4,005,600 0 — 4,005,600 0 4.005,600 , • a . , ' 1149450005009 2015 20161 2100 13,887,800 0 3,887,800 0 13,887,800 0 3,887,800 149450005009 2014 20151 2100 13,770,000 0 3,770,000 0 :3,770,000 0 3.770,000 149450005009 2013 20141 2.100 12,827,500 0 2,827,500 0 12,827,500 0 i 2,827,500 149450005009 2012 20131 2100 12,827,500 0 2,827,500 '0 12,827,500 0 2,827,500 1 • 149450005009 2011 2012 2100 2,827,500 0 2,827,500 0 12,827,500 0 12,827,500 11494500050091.2010 2011..i._...... . 2100 2,827,500 0............ .._ 2,827,500 0 2,827,500 0 12,827,500 • ' 1149450005009 2009 20101, 2100 2,827,500 0 2,827,500 0 2,827,500 0 2,827,500 149450005009 2008 200912100 2,827,500 0 2,827,500 0 1 2,827,500 0 1 2,827,500 . 14945000500912007 20081 2100 2,591,800 0 2,591,800 0 12,591,800 0 2,591,8001 ' 149450035009 2006 2007; 2100 2„591,800 0 2,591.800 0 12,591,800 0 2,591,800 ' 149450005009 2005 20061 2100 2,591,800 0 2,591,800 0 12,591,800 0 2,591,800 1 149450005009 2004 20051 2100 12,356,200 0 2,356,200 0 12,356,200 0 2,356,200 149450005009 2003 20041 2100 12,120,600 0 2,120,600 0 2,120,600 0 2,120,600 1 . 149450005009 2002 2003 I 21002,120,60E 0 2,120,600 0 12,120,600 0 2,120,6001 149450005009 2001 20021 2100 12,120,600 0 2,120,600 0 12,120,600 0, 2,120,600 ,• 149450005009 2000 20011 2100 12,120,600 0 2,120,600 0 12,120,600 0 12,120,600 149450005009 1999 20001 2100 1,904,800 0 1,904,800 0 11,904,800 0 ,1.904,800 • + 149450005009 1998 19991 2100 1,904,800 0 . 1,904,800 0 11,904,80010 1,904,800 1 149450005009 1997 19981 2100 1 0 0 0 0 1 1,904,800 0 1,904,800 ' 1 i14945000500911996 19971 2100 0 0 0 0 11,904,800 0 11,904,8001 ' 14945000500911994 19951 2100 0 0 0 0 1,904,800 0 11,904,8001 149450005009 1992 19931 2100 0 0 0 0 1,904,800 0 1,904,800 149450005009 1990 19911 2100 0 0 0 0 1,904,800 0 1,904,800 ` 1 ! 149450005009 1989 19901 2100 0 0 0 0 1952,400 0 952,400 149450005009 1988 19891 2100 0 0 0 0 1952,400 0 952,400 149450005009 1987 19881 2100 10 0� 0 0_ 775,600 0 775.600 SALES HISTORY . Excise Recording Document i 1 Sale Sale Price 1 Seller Name Buyer Name !Instrument •Number Number Date 1 Reason Statutory ! ( I I ALAMO RENTON IARGO : 2637379 20131024001184 10/17/2013168,950,000.00 ;Warranty None LLC IRENTON LLC Deed ,' I I 1 WASHBURN ALBERT E ALAMO I Bargain ! • 1 2329938 120080125000267 1/11/2008 $3,750,000.001 LUNCOLN+BARBARA !RENTON LLC and Sales ' None 1 ` SUTHERLAND;;: ee 199fi050905414l30/1996 $GGG ALBERTSONS INC Other avit . ` RE-VIEW f iSTOR l , Tax 1 Review Review ' A ealed , Hearing Settlement 1 • Year 1 Number Type 1 Value 1 Date Value Decision Status . ' 2014 11304240 Local Appeal,$2,827,500 11/1/1900 $2,827,500 SUSTAIN Completed 1 ,2013 11201776 Local Appeal 1$2,827,500 1/1/1900 $2,827,500 SUSTAIN 1 Completed , 2013 11201428 Local Appeal i$2,827,500 1/1/1900 $0 I Completed 12011 I1001665 Local Appeal I$2,827,500 11/1/1900 $0 I Completed 1 12010 174627 State Appeal I$2,827,500 19/14/2011 $0 WITHDRAWN Completed 2010 10900948 Local Appeal $2,827,500 11/1/1900 $2,827,500 SUSTAIN ;Completed t 2008 E 67050 I State Appeal $2,591,800 I 9/24/2008 ISO • I Completed ,2008 �0700940 !Local Appeal $2,591,800 I1/1/1900 j$2,591,800 SUSTAIN Completed , 1 +2007 10600430 I Local Appeal I$2,591,800 I1/1/1900 162,591,800 SUSTAIN Completed €• 2006 10501139 I Local Appeal $2,591,800 1/1/1900 182,591,800 SUSTAIN 1 Completed 1 ' 12004 :0301207 i Local Appeal $2,120,600 11/1/1900 $0 « I !Completed PERMIT HISTORY ORY . 1 , HOME IMFROVEMEl i tXiTMPTiOH 1 , a.-::5;:.arcit I'mwris'yin.ii iti Map'RAM t'opyil Clo,;:ary of 1','r9os ,sr(,I RLiSf,3? Print el":,.. 11 131.1.;;ii 71 BUSINESS INFORMATION Business Name: aed-vosi L hdu FL.2,,A ARGO RENTON,LLC f UBI Number: 603 332 372 ov�� Gd� Business T ��es��� � 5 • Type: FOREIGN LIMITED LIABILITY COMPANY Business Status: �' p/"47 ACTIVE Principal Office Street Address: 77,0 TAMALPAIS DR 401B, CORTE MADERA, CA, 94925,UNITED STATES Principal Office Mailing Address: Expiration Date: 4, 09/30/2018 ns, ` 1k. Jurisdiction: e� jtlrr•!'IP UNITED STATES,DELAWARE T '"1 Formation/Registration Date: 09/10/2013 Period of Duration: Perpetual Inactive Date: Nature of Business: REGISTERED AGENT INFORMATION • Registered Agent Name: CORPORATION SERVICE COMPANY Street Address: 300 DESCHUTES WAY SW STE 304, TUMWATER,WA, 98501,UNITED STATES Mailing Address: 300 DESCHUTES WAY SW STE 304,TUMWATER, WA, 98501,UNITED STATES GOVERNORS Title Governors Type Entity Name First Name Last Name GOVERNOR INDIVIDUAL STEPHEN JAEGER ARGONAUT IIIVESIMENIS Hume Invest�r n! St 'ite;y Prt perty PortIoho Our Team Contact Us III Central Highlands Plaza Property Details 4600 NE Sunset Blvd. u * } * * * }1 (* S 0 M Renton, Washington ,, a. Alborisons to « Central Highlands Plaza Google Maps ` "'tb Leasable Area: 94,223 sq. ft. \ .; . BIC j\ , LOTS,. • 3 Parking: spaces '« *, L Available Space: none *yy* Anchor Tenants fay.;: i ii ACE Hardware ' "� , 4„,„:„.0, A- Albertson's Big Lots Planet Fitness - , ~ ' t ... : ,‘ ARGONAUT INVESTMENTS Hone investment Strategy Property Portfolio v ©ur Team v Contact. U IL n`'S.eattie !"-1� y bsn''' ,. 'Piven., G ,Seal'ac z Des Moines I w,:;o" eoa<n • Property Manager / Leasing Representative Dayna Desmond 101 Larkspur Landing Circle, Suite 120 , Larkspur,California,94939 phone:415-945-2473 fax:415-945-2460 ddesmond@argoinvest.com • Copyr;ght 20nArgonaut inv,?stment5I All Rights Reserved j 101 Larkspur Landirig Ci,cte,Suite 1201 Lar!;spur,Czti`ornia,)4939 1 Tel 415.045 2470 j Fax 415.945.2460 ARGONAUT INVESTMENTS Home Investment Strategy Property Portfolio Contact Us Stephen B. Jaeger Stephen B. Jaeger is Founder and Managing Partner of Argonaut Investments. Responsible for all day-to-day operations of the firm, Steve brings significant experience in all phases of real estate investment management including acquisitions, leasing, finance, development, dispositions and investor relations. Since 1992, he has acquired and managed over$500 million in real estate assets for himself and high net worth investors. Through a patient and focused investment approach, Steve has grown a portfolio of shopping centers and manufactured housing communities, which has produced considerable and above-market returns for all of his partners. Steve has built a fully integrated investment and property management firm prepared to handle significant growth in the years ahead. Prior to forming Argonaut, Steve began his career in real estate in 1988 at TRI Commercial Brokerage in San Francisco, where he completed over 100 sale and lease transactions. He is active in several San Francisco athletic and social clubs and a variety of local and national charitable organizations. Steve received his BA in Economics in 1987 from the University of California, Santa Barbara. 415.945.2474 sbjaeger@argoinvest.com Copyright 2018 Argonaut Investments(Ali Rights Reserved C 101 Larkspur Landing Circle,Suite 1201 Larkspur,California, 94939 Te!413.945.2410 1 Fax 415.Jy45.2460 Important:When designating CSC as your registered agent,you must directly C S C notify a CSC representative.Failure to do so could adversely affect the prompt delivery of important legal documents. South Dakota Pierre Washington Tumwater Corporation Service Company Corporation Service Company 503 South Pierre Street 300 Deschutes Way SW,Suite 304 Pierre,SD 57501 Tumwater,WA 98501 Hughes County Thurston County West Virginia......1...Charleston...................................................... 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