The URL can be used to link to this page

Home My WebLink AboutResolution 084-17RECORD OF RESOLUTIONS Dayton Leqal Blank. Inc.. Form No. 30045 84-17 Resolution No. Passed A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH METRO DATA CENTER FOR THE DUBLIN ENTREPRENEURIAL CENTER AT 565 METRO PLACE SOUTH 20 WHEREAS, the Dublin Entrepreneurial Center CDEC"� is currently located in Suites 300, 190 and 180 on the third and first floors of 565 Metro Place South; and WHEREAS, Metro Data Center CMDC'7 holds the master lease covering the DEC suites; and WHEREAS, Economic Development staff has spent several months evaluating the DEC tenants, programs, offices and training spaces; and WHEREAS, as a result of these investigations, Economic Development staff recommends an extension of the City's contribution to MDC for the DEC suites at 565 Metro Place South; and WHEREAS, the proposed Agreement with MDC carries a one-year term of January 1, 2018 through December 31, 2018. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, State of Ohio,_ of the elected members concurring, that: Section 1. The City Manager is hereby authorized to enter into an Agreement with MDC in substantially the same form as the attached Exhibit A. Section 2. This Resolution shall take effect and be in force upon passage in accordance with Section 4.04(a) of the Revised Charter. Pasted this, 1rr day of �OU��KJ�-1/ , 2017 yor — Pr$�idin4 C}fWr ttest: Clerk of Council Office of the Cifty Manager 5200 Emerald Parkway* Dublin, OH 43017-1090 U` itv oto" Dubl in Phone,,, 614.410.4400 # Fax: 614.410.4490 coit Too. Members of Dublin City Council From:, Dana L. McDaniel, City Mana Date: November 16, 2017 ke: Resolution 84-17 — Authorizing an Agreement with Metro Data Center for the - Dublin Entrepreneurial Center at 565 Metro Place South In late 2012, triggered by the building purchase by Ohio University, City Council authorized the Dublin Entrepreneurial Center (DEC) relocation from 7003 Post Road to the third floor at 565 Metro Place South. In 2015, the DEC expanded onto the first floor, adding more offices, cubicles and training spaces. Today, the DEC covers 19,425 square feet at Metro Center, Staff has been working on a space renewal agreement with Metro Data Center (MDC), which holds the long-term master lease over the current DEC spaces. The proposed renewal agreements (attached) for the first and third floor spaces, respectively, outline a total City contribution of $270,000 per year for one year (2018) to MDC. This cost per square foot breaks down to a City contribution of $13.90/SF,, and assists in keeping 85+ offices rentable at under -market value by essentially covering the lease expenses for the public common spaces including the lobbies, five meeting rooms, the DEC Caf6, two large training rooms, and other open spaces within the suites. This renewal of a financial contribution represents no increase over the 2017 commitment. Staff recommends approval of Resolution 84-17 as it supports Council's goals relative to creating new businesses and jobs and promoting new partnerships and possibilities. Please contact Colleen Gilger with any questions, RESOLUTION 84-17 DUBLIN ENTREPRENEURIAL CENTER SPACE AGREEMENT— FIRST FLOOR THAT Metro Data Center, LLC (Lessor) HEREBY LEASES TO The City of Dublin Ohio (Lessee) Premises commonly referred to as: See Exhibit "A" (Premises) For the term of: One Year, 1/l/2018-12/31/2018 Commencing: January 1, 2018 A. Use and Occupancy: Said Premises are to be used and occupied for General Office purposes. Lessor and Lessee agree that the Premises shall be provided and operated as further enumerated in Exhibit A. Lessee agrees to pay said rent in the manner set forth below; to use and occupy said Premises in a safe and careful manner and not to commit or suffer waste therein; not to use said Premises for any unlawful purpose; to make no alterations without written consent of Lessor; to save Lessor harmless by reason of loss or damage to property and/or personal injury to any persons in or about said premises occasioned by negligence of the Lessee and to maintain insurance policies in type and amounts satisfactory to Lessor to accomplish such purpose; to assume sole responsibility for all property of the Lessee used, stored or maintained upon the Premises. B. Rent: Lessee shall pay to Landlord as rent for the Premises commencing on January 1, 2018 and continuing during the Term: • Year 1 $99,126.54 (Monthly Rent Payment of $8,260.55) The Rent shall be paid in twelve (12) monthly installments due on the 5`h of each month in an amount equal to the Monthly Rent Payment as set forth herein. C. Personal Property: All personal property placed in the rented Premises shall be at the risk of the persons owning same, and in no event shall the Lessor be liable for the loss by fire or otherwise to such property of the Lessee. D. Operating Expenses: It is further agreed that the responsibility for utilities, maintenance and operating expenses of the real estate shall be as follows: *Lessee shall be responsible for any repairs and maintenance related to Lessee's use of the premises. Interior Maintenance * Lessor Exterior & Common Area Maintenance Lessor Interior Cleaning Lessor Electric Lessor Sewer & Water Lessor Grounds & Parking Lessor Gas Lessor Contents Insurance Lessee Building Insurance Lessor Liability Insurance Lessor & Lessee 1 4i44s47vz RESOLUTION 84-17 E. Default by Lessee: It is mutually agreed that if said rent or any part thereof be not paid for five (5) days after becoming due and without demand therefor, or if said Lessee shall fail to keep any of the other covenants of this lease, or abandon or vacate the premises, or if proceedings in bankruptcy shall be instituted by or against Lessee, or a receiver or trustee be appointed for his property, it shall be lawful for Lessor to re-enter said Premises, repossess the same as in its first estate and thereupon this lease shall cease and be void all without prejudice to Lessor's remedies at law. F. Master Lease: Lessor and Lessee acknowledge and agree that for purposes of the Lease Agreement between Two Metro Place Partners LLC, as landlord, and Lessor, as tenant, dated November 21, 2011 (the "Master Lease"), that (a) Lessee is not a sublessee or assignee, as those terms are used in the Master Lease, of the Leased Premises (as defined in the Master Lease) or of Lessor's rights under the Master Lease; (b) this Lease shall terminate upon the expiration or the earlier termination of the Master Lease in accordance with its terms without notice to Lessee; provided, however, that Lessor shall provide Lessee with notice if and to the extent that Lessor has prior notice of the termination of the Master Lease; and (c) this Lease is subject and subordinate to the Master Lease, including, without limitation, all Building Rules and Regulations (as defined in the Master Lease) and any and all Superior Interests (as defined in the Master Lease). 2 4144s47v2 RESOLUTION 84-17 ACKNOWLEDGED & AGREED This agreement shall be in full force and effect on this 1st day of January, 2018. LESSOR: Metro Data Center, LLC By: Its: Notice Address: Metro Data Center, LLC ATTN: Rob Kopp 565 Metro Place South Columbus, Ohio 43017 4144s47vz LESSEE: City of Dublin Ohio By: Dana McDaniel Its: City Manager Notice Address: City of Dublin Ohio 5200 Emerald Parkway Dublin, Ohio 43017 APPROVED ASTO FORM: City of Dublin Law Director CERTIFICATION OF FUNDS I hereby certify that funds required to meet the City's obligation, payment, or expenditure under this Agreement of Lease have been lawfully appropriated or authorized for such purpose and are free from any obligation now outstanding. Angel L. Mumma Director of Finance 3 RESOLUTION 84-17 EXHIBIT A Metro Data Center, LLC - Dublin Entrepreneurial Center 565 Metro Place South, First Floor • Premises include 6,753 square feet of training, meeting and office spaces on the first floor of 565 Metro Place South. • Signs: o Signs to include branding of the DEC at the 1' Floor lobby. o Digital Signage will include the Dublin Entrepreneurial Center's branding scheme. • Suite Configuration:: o Space consists of 12 Office Spaces, Shared Services Area, Kitchenette, Small Meeting Room, and Two Large Training Rooms. • Additional First Floor Features: o Lessor's Security System will be enabled within the entire space for additional security features. This will include CCTV monitoring and recording services. o Suite will be engineered with connectivity to the Lessor's Data Center facility, the Dublink Network, the OARnet including Internet2, the GENI network, the OSU Super Computer Networks and all other required networks, including the City of Dublin's 10OGB network. • Metro Data Center Facilities Agreement — The term of MDC's Facilities Agreement with DEC tenants will be 6 months, 12 months, or greater lease periods based on tenant evaluation. MDC agrees to include a termination clause in such Facilities Agreement that permits the tenants to terminate the Facilities Agreement after the completion of the first 6 months, with 60 days written notice. • Lessor will provide administration for, collect, and retain all rent, sponsorship, and other income from tenants of the Premises, in such amounts as mutually agreed upon by Lessor and Lessee. • DEC Tenants will be required to establish a Facilities Agreement with Metro Data Center, LLC. City of Dublin tax account information form also will be a required document. • Any adjustments to the Annual Rate Schedule for office and cubicle leases must be mutually agreed by Metro Data Center, LLC and the City of Dublin. Rental rates will be based upon the fair -market value rates locally to Dublin Ohio. • The rates will be established within the public-private partnership in an effort to further the endeavors of the DEC and to support growth. • Usage rates for meeting spaces may be established if mutually agreed upon by both parties. Hot spot tenants may receive the least access and highest fees for meeting and training room access. • All Facility Agreements and tax account information form between DEC tenants and MDC will be made available to City staff upon agreement execution. • City staff will be a decision maker with MDC staff on tenant acceptance and tenant renewal, to ensure tenants are vetted properly and meet the mission of the DEC. • Additional fees will be assessed for other value added services provided by the Lessor. These services may include and are not limited to the follow: Dedicated Internet services, Printing, Coping, Conference Phones, Video Conference Services and Enhanced Secretarial Services. 4 4144s47vz RESOLUTION 84-17 DUBLIN ENTREPRENUERIAL CENTER SPACE AGREEMENT—THIRD FLOOR THAT Metro Data Center, LLC (Lessor) HEREBY LEASES TO The City of Dublin Ohio (Lessee) Premises commonly referred to as: See "Exhibit A" (Premises) For the term of: One Year, 1/l/2018-12/31/2018 Commencing: January 1, 2018 A. Use and Occupancy: Said Premises are to be used and occupied for General Office purposes. Lessor and Lessee agree that the Premises shall be provided and operated as further enumerated in Exhibit A. Lessee agrees to pay said rent in the manner set forth below; to use and occupy said Premises in a safe and careful manner and not to commit or suffer waste therein; not to use said Premises for any unlawful purpose; to make no alterations without written consent of Lessor; to save Lessor harmless by reason of loss or damage to property and/or personal injury to any persons in or about said premises occasioned by negligence of the Lessee and to maintain insurance policies in type and amounts satisfactory to Lessor to accomplish such purpose; to assume sole responsibility for all property of the Lessee used, stored or maintained upon the Premises. B. Rent: Lessee shall pay to Landlord as rent for the Premises commencing on January 1, 2018 and continuing during the Term: • Year 1 $170,873.54 (Monthly Rent Payment of $14,239.46) The Rent shall be paid in twelve (12) monthly installments due on the 5`h of each month in an amount equal to the Monthly Rent Payment as set forth herein. C. Personal Property: All personal property placed in the rented Premises shall be at the risk of the persons owning same, and in no event shall the Lessor be liable for the loss by fire or otherwise to such property of the Lessee. D. Operating Expenses: It is further agreed that the responsibility for utilities, maintenance and operating expenses of the real estate shall be as follows: * Lessee shall be responsible for any repairs and maintenance related to Lessee's use of the premises Interior Maintenance * Lessor Exterior & Common Area Maintenance Lessor Interior Cleaning Lessor Electric Lessor Sewer & Water Lessor Grounds & Parking Lessor Gas Lessor Contents Insurance Lessee Building Insurance Lessor Liability Insurance Lessor & Lessee 1 4i44s47vz RESOLUTION 84-17 E. Default by Lessee: It is mutually agreed that if said rent or any part thereof be not paid for five (5) days after becoming due and without demand therefor, or if said Lessee shall fail to keep any of the other covenants of this lease, or abandon or vacate the premises, or if proceedings in bankruptcy shall be instituted by or against Lessee, or a receiver or trustee be appointed for his property, it shall be lawful for Lessor to re-enter said Premises, repossess the same as in its first estate and thereupon this lease shall cease and be void all without prejudice to Lessor's remedies at law. F. Master Lease: Lessor and Lessee acknowledge and agree that for purposes of the Lease Agreement between Two Metro Place Partners LLC, as landlord, and Lessor, as tenant, dated November 21, 2011 (the "Master Lease"), that (a) Lessee is not a sublessee or assignee, as those terms are used in the Master Lease, of the Leased Premises (as defined in the Master Lease) or of Lessor's rights under the Master Lease; (b) this Lease shall terminate upon the expiration or the earlier termination of the Master Lease in accordance with its terms without notice to Lessee; provided, however, that Lessor shall provide Lessee with notice if and to the extent that Lessor has prior notice of the termination of the Master Lease; and (c) this Lease is subject and subordinate to the Master Lease, including, without limitation, all Building Rules and Regulations (as defined in the Master Lease) and any and all Superior Interests (as defined in the Master Lease). 2 4144s47v2 RESOLUTION 84-17 ACKNOWLEDGED & AGREED This agreement shall be in full force and effect on this 1st day of January, 2018. LESSOR: Metro Data Center, LLC By: Its: Notice Address: Metro Data Center, LLC ATTN: Niles C. Overly 565 Metro Place South Columbus, Ohio 43017 Director of Finance 4144s47vz LESSEE: City of Dublin Ohio By: Dana McDaniel Its: City Manager Notice Address: City of Dublin Ohio 5200 Emerald Parkway Dublin, Ohio 43017 APPROVED ASTO FORM: City of Dublin Law Director CERTIFICATION OF FUNDS I hereby certify that funds required to meet the City's obligation, payment, or expenditure under this Agreement of Lease have been lawfully appropriated or authorized for such purpose and are free from any obligation now outstanding. Angel L. Mumma 3 RESOLUTION 84-17 EXHIBIT A Metro Data Center, LLC - Dublin Entrepreneurial Center 565 Metro Place South, Third Floor • Premises include 12,672 square feet of training and office space immediately adjacent to a data center. • Signs: MDC will provide: o Include branding of the DEC at the Street Level and 3`d Floor • Third Floor Space Configuration o Office Configuration, approx. 44 office spaces: o Video Conference Room o Board Room and Metro Conference Room, with shared kitchenette o Copier area o DEC Cafe o Cafe conference room o Cubicles (approx.19) • Metro Data Center Facilities Agreement — The term of MDC's Facilities Agreement with DEC tenants will be 6 months, 12 months, or greater lease periods based on tenant evaluation. MDC agrees to include a termination clause in such Facilities Agreement that permits the tenants to terminate the Facilities Agreement after the completion of the first 6 months, with 60 days written notice. • Lessor will provide administration for, collect, and retain all rent, sponsorship, and other income from tenants of the Premises, in such amounts as mutually agreed upon by Lessor and Lessee. • DEC Tenants will be required to establish a Facilities Agreement with Metro Data Center, LLC. City of Dublin tax account information form also will be a required document. • Any adjustments to the Annual Rate Schedule for office and cubicle leases must be mutually agreed by Metro Data Center, LLC and the City of Dublin. Rental rates will be based upon the fair -market value rates locally to Dublin Ohio. • The rates will be established within the public-private partnership in an effort to further the endeavors of the DEC and to support growth. • Usage rates for meeting spaces may be established if mutually agreed upon by both parties. Hot spot tenants may receive the least access and highest fees for meeting and training room access. • All Facility Agreements and tax account information form between DEC tenants and MDC will be made available to City staff upon agreement execution. • City staff will be a decision maker with MDC staff on tenant acceptance and tenant renewal, to ensure tenants are vetted properly and meet the mission of the DEC. 4 4144s47vz 2017 DEC Tenants 1. Ability Professional Network: Recruiter for sales, business development and other professionals. 2. AdaptaLogix: ERP consulting company focused on small biotech/ pharmaceutical companies. 3. All Lines Technology: A woman owned solutions provider that delivers cost effective, industry standard IT solutions to our customers. 4. Armada: Provider of mitigation, prevention, preparedness, protection, response and recovery solutions. 5. Arunum Technologies: Data management and analytics solution company building big data capabilities, product and business process digitization, master data management and advanced analytics. 6. Bear Environmental LLC: Full service environmental company that specializes in the management of hazardous and non -hazardous industrial wastes. 7. Big Fish Local: Social Media, marketing and website design. 8. Blaeser Engineering Services Inc: Professional Manufacturers' Rep. 9. Bluestone Marketing: A design firm; and whether you need e-commerce integration, a custom online web application, an intranet, or a simple static site, our team will work with you to understand your company and provide solutions that are tailored to your needs. 10. BoothBooks: We create professional market management software for everyone. Flea Markets, Farmers Markets, Craft Shows 11. Breakpoint Interactive: Exceptional digital media and photography services. Website designer 12. Centracomm: Our customers trust us to secure and manage their digital infrastructure across the globe. We provide unique data analysis tools to help them make safer and smarter business decisions. 13. Connectable Marketing: We specialize in small to medium-sized organizations who need help improving their online presence. Our services include custom website design and development, content marketing, digital marketing, social media marketing, search engine optimization, email marketing, searching marketing, PPC advertising and brand design strategy. 14. Cropzilla: Developed by farmers for farmers. Our goal is to make the producer more profitable on every level through our specialized farm and crop management software. 15. CypressTree Corp: Management consulting firm focused on strategic formulation and implementation, organizational identity and leadership development. 16. Dot The I Creative LLC: Marketing, graphic design, website development. 17. Eco Chem: We make High Performance Clean Diesel, a highly refined commercial fuel that has superior lubricating, stabilizing and cleansing properties that protect critical engine components from the risks associated with poor quality, regular ULSD fuel. 18. EDMAP: Content strategy and logistics. 19. Elemental Fluid Technologies: Effective, sustainable, safe non -chemical water treatment solutions; with renowned global expertise in the field of Copper Silver ionization. 20. Enalux: Provides vehicle owners with all of the necessary resources to put some extra cash in their pocket by renting out their luxury vehicle(s). We also provide renters with the opportunity to drive premier luxury vehicles at affordable rates. 21. Envision Promotions: A specialized marketing agency that grows companies through strategic co -marketing partnerships. 22. Global IT: Delivers applications services, Infrastructure services, and Business Process Outsourcing services globally through a combination of technology knowhow, domain and process expertise. 23. Green Energy Village: Residential, commercial and utility scale solar sales. 24. Gym Guys- NBH Holdings: Our coaches focus on individualized one-on-one fitness, group sessions, and corporate fitness. 25. Homeschool Navigator: A complete language arts curriculum, prepared by home school moms, who are also certified teachers with advanced degrees in language arts instruction. 26. InsightETE: Software that gives you the ability to measure and troubleshoot IT system performance on a granular level. 27. InSource Pro: Empowering people through the exactness and robustness of our next -level software systems. 28. Insuraware: Provider of simple software products and related services to all who seek simplicity and excellence in these areas. 29. IQ Solutions Group (IQSG): Provides Client Care and Managed Services with a specialized focus on providing relevant and reliable IT Solutions, offering unique solutions in the areas of Video Collaboration, Juniper Network Products, Cyber Security, Unified Communications, Networking, Cloud Computing and Compliance, Wireless and Mobility, Data Center Infrastructure and Contact Center. 30. JASCO: The Japan -America Society of Central Ohio is a membership association of Americans and Japanese who desire to bring the communities together, promote goodwill through the sharing of knowledge about Japan, and provide a forum for discussion regarding the Japan -U.S. relationship. 31. Just Institute: Japanese Language Services 32. Key Technology: Technology firm working toeliminate your IT concerns, so you are better able to focus on your business. 33. Rayitek: Chemical materials research office for a Chinese firm that manufactures plastics for electronic circuitry. 34. Loquantur: We offer reliable, affordable phone systems for the small- to medium-sized business. 35. Maquire Copywriting: Writing services. 36. Meisterheim Consulting: An information technology consulting business focused on providing comprehensive IT solutions to a wide variety of technology projects and problems. 37. My Deliverables Team: A team of subject matter experts that prepare you for each of your client meetings. 38. NOBIS Industrial: We have exclusive partnerships with manufacturers that empower us to manage business in our region. 39. Ohio Translation Services: Provides superior language services for companies and individual clients. 40. Parasol Media: We create compelling video content that can bridge the gap between you and your customers, showing them who you are and what you stand for. 41. Patinformatics: Analyzing patent information to discover insights, relationships and trends. 42. Performance Management: Information Technology/Project Management Consulting Firm. 43. PGM TEK, USI -CEM: We partner with educational institutions to provide high-quality continuing education and professional development for fresh graduates and working professionals. 44. Phoenix Access Transportation: We offer customer service and trusted transportation services for the elderly, disabled or physically challenged in the Columbus area. 45. Press'pective: Professional writing, press relations & media consulting. 46. Rampart: A B213 technology company focused on mobile and web application design and development, custom business application development, managed IT services, technical support for business computer networks and devices, and all web hosting needs. 47. Ripple Life Care Planning: We help individuals and families who need professional, experienced help by providing solutions to promote optimal health, independence and happiness in all aspects of life. 48. RiskLens: Provider of cyber risk management software. 49. Salvato and Associates: Engineering Consultant 50. Shaper Edge Advantage LLC: Our clients learn very actionable strategies to sell more and sell more easily, new ways to think about selling, and actually change their behavior and adopt new habits that help them achieve more success. 51. Sankhya Solutions: We are a full service technology consulting firm providing services like software package selection, Enterprise software implementation, project management and software development. 52. Silokchem Inc.: A high-tech enterprise focused on R&D, production and sales of silicone materials and high polymer products. 53. Simplicity Virtual: Remote and cloud technical support providing on-site support when necessary. 54. Snowy Tree: Japanese language services and classes 55. Soothsayer: Helps companies leverage Artificial Intelligence, so that they can unearth the unknown, optimize their business, and predict the future. We build massively customized, license free analytic tools around our client's data and specific business problems. 56. Spiralight Group: Insurance Agents 57. Star Leasing: Star Leasing Company is the One Solution for all your semi -trailer needs. Rental, leasing, maintenance, sales, and finance. 58. System CARE Inc.: We offer services to determine and support your business IT needs. 59. Tanaka and Company: We are experienced in all matters of accounting and taxation, IRS problem resolution, estates and trusts, business formation, financial planning and investment, real estate and business sales. 60. The Hofmeister Group: Executive and engineering staffing agency or boutique office developer... 61. The Strategy Link: The Strategy Link helps guide businesses to determine what their best play is for the China market and how to capitalize on that play. 62. Three Twelve Staffing: IT Staffing and Consulting 63. Triple G Interactive: We are a small team of interactive designers and developers helping our clients stand out from their competitors online. 64. Unmanned Science: Miniaturization, wireless remote sensing and operation, autonomous navigation and software controlled mechanisms have created multiple new possibilities to operate in environments that were either dangerous or impossible for human beings. 65. Vivid Front: We Are a Strategic Digital Marketing, Web Design & Web Development Agency that is focused on delivering results and revenue. DUBLIN ENTREPRENEURIAL CENTER' CREATE YOUR FUTURE."' 2017 Survey Data THE DEC 4.15 3.113 AT A GLANCE 2.075 2017 Survey Results 1.038 0 40% - 30% 20% 10% 0% 5� 1 Age of Entrepreneurs Do you do business with other DEC tentants? No 44% Yes IV 56% High school deg. 2% Education Associate degree r2% Graduate degree 49% Bachelor degree 47% Ranked Services A o,�P �JS.� 55ey Q� o a a`ea er�5 DNI Gender 5% Female 24% Male 71% Race 1 Ethnicity Multi-ethnic 2% Asian 1 P.I. 20% Black 1 A.A. 5% White (Caucasian 73% Place of Residence Other 55% Dublin 45% 2016 241A Move -in Year 2009 3h 2010 3 % 2011 � Bh 2015 24h 2014 11% 2013 llh 2012 16h Typical Employment and Contracts 1.45 �7 0.725 0.363 I 5 Business NAICS (36 reported) Misc. 25% Educational 8% Information 14% # of DEC Tenants 80 60 40 20 0 2009 2010 2011 2012 2013 2014 2015 2016 Prof, Sci, Tech 53% 2016 Gross Revenue (26 reported) 1,400,000 1,050,000 700,000 350,000 0 z 2016 Gross Revenue continued Smallest: $ 0 Average: $ 264,000 Median: $175,000 Largest: $1,400,000 This measure does not include expenses and thus is not a reflection of profitability. Business NAICS continued 19 Professional, Scientific & Tech Serv. 5 Information 3 Educational Services 9 Miscellaneous More than one third fit within the nontechnical definition of "IT' CoworkinglHotspot Space ($Im) $350 $280 $210 $140 EE $350 $280 $210 $140 $70 Dedicated Desk ($Im) Comparison Cities* Columbus Cleveland Charlotte Pittsburgh Indianapolis *Coworking space and executive suite rentals Core Services Provided by All Office Space Shared reception Meeting Space Wifi Kitchenette Mailbox Locker Storage Programming/Events Informal Networking DEC Tenant Rent and Benefits 40%-60% Discount The average DEC tenant rent is 50% below market rates. $2,000 $1,500 $1,000 $500 M Dedicated Office ($Im) Unique DEC Services Data Center Fiber Network SBDC Events REV1 Events Sponsors/Advisors Regular Catering Formal Networking Events Services Not at the DEC Corporate Memberships Day Passes 5-12 Day Passes Fitness Membership Outdoor workspace Meeting space pass "Cooler" Collaborative Space