ENTERPRISE TOWER – 500 Chestnut St - LoopNet

Enterprise Tower 500 Chestnut St.

Abilene, Texas 79602

Offered by:

ENTERPRISE TOWER – 500 Chestnut St Abilene, TX 79602

Building Class: Class “A”

Year Built: 1984

Building Size: 285,000 sf

Average Floorplate: 12,672

Number of Floors: 20 plus basement

Parking Ratio: 3:1000 sf

Quoted Rental Rate: $13.00 with .50 annual bumps

Lease Type: Full Gross

Building Amenities & Highlights

Community Conference Room

Digital Directories

Monument Signage

Eyebrow Signage

Recycling Services

Fiber Optic Ready

On-Site Restaurant

Full Service Coffee Bar

On-Site Notary Services

On-Site Maintenance

On-Site Management

On-Site Salon Services

Turbo Core Chiller

Building Automated HVAC / Boiler systems

LED Lighting

Covered Parking

On-Site Security Cameras

24/7 CCTV Monitoring / Security Services

LMB Facebook Link

https://www.facebook.com/LMBRealEstateGroup/videos/1765324560169372/

Ronica Coldiron, CPM® Property Manager / Asset Manager Realtor® 500 Chestnut St, Suite 804 Abilene, Texas 79602 Office: 325-307-1440 [email protected] Partial Tenant List

Zachry Publications / HC Zachry

Encompass Home Health Happy State Bank TDC Engineering / Scott Oils Merrill Lynch Texas Tech Small Business

Development Center Jordan Healthcare Cooperative Response

Center Morgan Stanley Workforce Solutions of

Central West Texas Whitten Law Firm Texas Alcoholic Beverage

Commission The Toro Company NSN Central Texas Land Bank ABM Industry Groups, LLC Texas State Comptroller’s

Office

Career Summary Ronica Coldiron serves as Property, Building and Asset Manager of LMB Real Estate Group’s Abilene locations. She specializes in delivering real estate solutions to meet the building owner’s needs. All concessions negotiated for her clients are calculated in the form of savings and/or cost avoidance following each transaction in order to ensure measureable value has been created through the implementation/ execution of each strategy in the marketplace. She has orchestrated over $26 million in commercial leasing activity. Specialties Owner representation, strategy development, renewal, expansion and disposition, strategic consulting for merger and acquisition activities, corporate restructuring for real estate portfolios, energy-related entities and law firms, advertising and publication, testing, training and call centers, employment and home health agencies. Experience 12 Years Education Texas Tech University Allied Business School – Real Estate Institute of Real Estate Management (IREM) – CPM® Affiliations and Community Information

Texas Women’s Leadership Class of 2016 Texas Women’s Leadership Zone 6 Ambassador 2017 Leadership Abilene Class of 2015 IREM CPM® North Texas Commercial Association of REALTORS®

(NTCAR) National Association of REALTORS® (NAR) Texas Association of REALTORS® (TAR) Abilene Association of REALTORS® (AAOR) Abilene Chamber of Commerce Business Council 2015-

2017 Business Expo Committee 2014-2016 Volunteer Services Council Board 2015-2019 Junior League of Abilene Member 2017-2019 Abilene Junior Woman’s Club Board Member 2015-2018 Abilene Junior Woman’s President 2017-2018 Abilene Wednesday Rotary 2014-2019 Abilene Wednesday Rotary President 2016-2017 Abilene Chamber of Commerce Redcoat Committee 2012-

2019 Abilene Chamber of Commerce Redcoat Committee

Co-Chair 2015-2016 Abilene Black Chamber of Commerce Member Center for Contemporary Arts Board 2015-2016 Big Country 100 Women 2017-2019 Christian Business Women’s Network 2018-2019 Community Foundation’s Future Fund Grant Committee

2017-2019

mailto:[email protected]

www.lmbgroup.com

Office 325.307.1440 500 Chestnut St, Ste. 804 Abilene, TX 79602

LMB REAL ESTATE GROUP

LMB Real Estate Group is one of the leading commercial real estate firms in the West Texas area. Our

extensive knowledge of the marketplace coupled with over sixty years of combined real estate experience

allows us to provide our clients service above and beyond the usual real estate company. Our

comprehensive list of real estate services offers creative and personalized solutions that make a real

difference. Whether you need sales assistance, leasing, property management services or facility

maintenance, we can meet your needs.

Real Estate Services Offered:

Office Sales and Leasing

Retail Sales and Leasing

Industrial sales and Leasing

Land Acquisition and Disposition

Tenant Representation

Property Management Services

Facility Maintenance Services

Consulting

Our operating philosophy at LMB Real Estate Group is centered on our most important asset – “our

clients.” We pride ourselves in consistently and ethically delivering innovative real estate solutions to a

variety of private and institutional investors.

Building Hours of Operation are as follows:

Monday – Friday: 6:30am – 6:00pm

Saturday and Sunday: closed (electronic tenant entry)

www.lmbgroup.com


PROPERTY MANAGEMENT SERVICES

LMB Real Estate group is a full service real estate management firm offering professional management

services for private and institutional owners throughout West Texas. Our management team has the

proven ability to oversee daily management and operations of office, retail, industrial and multi-family

properties. We realize that each owner has specific goals and objectives for their investment. Our job is

to listen, understand and interpret those goals, then apply our years of experience to develop a realistic,

practical management plan that achieves the owner’s results and enhances the value of the asset.

Upon being named the managing agent, our management team conducts an in-depth property inspection

and evaluation. A property report is prepared by the Property Manager for use in establishing current and

projected costs, recommended capital expenditures and the operating budget.

Utility costs, service contracts, property taxes, insurance and other existing expenses are analyzed for

potential future cost reductions. We continually place service contracts out for bid to ensure that the best

service at the best price is achieved. Property taxes are reviewed on an annual basis, and protested, if

needed; often resulting in a reduction in property expenses.

Timely financial reporting is a priority with us. Our property management division utilizes Yardi accounting

software for custom financial reporting and monthly operating statements. An excellent working

knowledge of the reporting system enables our managers to be responsive to tenant billing questions or

owner inquiries regarding reports and operating data. The LMB Property manager is actually a full service

business manager with a multitude of responsibilities ranging from:

Answering tenant calls for maintenance requests, weekly property inspections, accounts receivable,

accounts payable, operating cost analysis, budgeting, monthly operating reports, initiating and overseeing

project improvements, hiring and firing of service contractors, working with attorneys on legal matters,

general lease enforcement, proactive tenant visits and personnel issues.

LMB Real Estate Group provides tenants with 24-hours, 7-day a week emergency service, 365 days a year.

After hour emergency calls are immediately forwarded from our answering service to the appropriate

Property Manager for immediate response.

Our goal at LMB is to provide the best quality and most cost effective property management services

possible, while achieving both owner and tenant satisfaction.

www.lmbgroup.com


REFERENCES

State References:

TABC

500 Chestnut St, Suite 1573

Abilene, TX 79602

325-672-7999

Mary Jo Thomas

Texas Workforce Solutions


Abilene, TX 79602

325-795-4301

Mary Ross

Texas State Comptroller

1 Village Drive, Suite 250

Abilene, TX 79606

325-695-4623

Vanessa Zientek

Other References:

Zachry & Associates Inc.


Abilene, TX 79602

325-677-1342

HC Zachry

Texas Tech University Small Business Development Center (SBDC)

749 Gateway St, Bldg C Suite 301

Abilene, TX 79602

325-670-0300

Judy Wilhelm

www.lmbgroup.com


Merrill Lynch

2 Village Dr., Suite 400

Abilene, TX 79606

325-691-0600

Frank Johnson

Happy State Bank


Abilene, TX 79606

325-698-2265

Ken Bowles

The Toro Company

500 Chestnut St., Suite 400

Abilene, TX 79602

325-673-8762

Inger Nordby

Encompass Home Health


Abilene, TX 79606

325-695-3888

April Anthony

11-2-2015

TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage ac vi es, including acts performed by sales agents sponsored by the broker.A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker’s own interests; Inform the client of any material informa on about the property or transac on received by the broker;Answer the client’s ques ons and present any offer to or counter-offer from the client; andTreat all par es to a real estate transac on honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wri en lis ng to sell or property management agreement. An owner's agent must perform the broker’s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wri en representa on agreement. A buyer's agent must perform the broker’s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must first obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary:

Must treat all par es to the transac on impar ally and fairly;May, with the par es' wri en consent, appoint a different license holder associated with the broker to each party (owner andbuyer) to communicate with, provide opinions and advice to, and carry out the instruc ons of each party to the transac on. Must not, unless specifically authorized in wri ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wri en asking price;ᴑ that the buyer/tenant will pay a price greater than the price submi ed in a wri en offer; andᴑ any confiden al informa on or any other informa on that a party specifically instructs the broker in wri ng not to

disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transac on without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker’s du es and responsibili es to you, and your obliga ons under the representa on agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker’s services. Please acknowledge receipt of this no ce below and retain a copy for your records.

Information About Brokerage Services Texas law requires all real estate license holders to give the following informa on about

brokerage services to prospec ve buyers, tenants, sellers and landlords.

.

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Regulated by the Texas Real Estate Commission Informa on available at www.trec.texas.gov IABS 1-0

Date Buyer/Tenant/Seller/Landlord Initials

Sales Agent/Associate’s Name License No. Email Phone

ENTERPRISE TOWER – 500 Chestnut St - LoopNet

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