Thursday, October 23
\nDade (Coral Gables\/South Miami Office)
\n550 S. Dixie Hwy
\n10:00 AM \u2013 12:00 PM approximately<\/p>\n
Monday, October 27
\nBroward (Weston Town Center Office)
\n2000 Main Street
\n10:00 AM \u2013 12:00 PM approximately<\/p>\n
RSVP: debra@ewm.com<\/a><\/p>\n Reis SE is an electronic database solution that includes access to market information on U.S. metropolitan markets (\u201cmetros\u201d), updated quarterly.\u00a0 Apartment, Office, Retail and Industrial sectors are covered (although some markets may not include coverage of all four sectors).\u00a0 EWM has subscribed to market coverage for Miami-Dade, Broward and Palm Beach Counties.<\/p>\n In order to clarify distinctions in product coverage in this Agreement, Reis differentiates between its primary metros (\u201cprimary markets<\/strong>\u201d), secondary metros (\u201csecondary markets<\/strong>\u201d) and tertiary metros (\u201ctertiary markets<\/strong>\u201d), as described below. <\/span>All information as to market and submarket coverage is as of the date hereof and is subject to change.<\/span><\/p>\n <\/span><\/p>\n <\/span><\/p>\n (1) <\/span><\/span><\/span>Historical Trends and Forecast Data<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Market details on supply, demand, vacancy, asking and effective rents, and related market indicators on:<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Annual trends are presented from 1990, with current quarter-to-quarter trends that begin in 2002.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Includes a five-year forecast for all primary markets and submarkets.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Updated quarterly.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Available in pdf and Excel file formats. <\/span><\/span><\/span><\/p>\n (2) <\/span><\/span><\/span>Reis Observer\u2122 Reports<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Economic and real estate analysis in narrative form published quarterly on most property types for most of our major U.S. metros.<\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Discussion of key supply and demand trends in each market, pinpointing under-performing and out-performing submarkets and integrating Reis\u2019s statistics with secondary sources of market information.<\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Available in pdf file format.<\/span><\/p>\n (3) <\/span><\/span><\/span>Submarket Snapshot Data<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Current market indicators, including detailed concession data.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Apartment sector \u2013 free rent.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Office and Retail sectors \u2013 contract rent discount (CRD), tenant improvement allowances, free rent, commissions, total expenses and real estate taxes.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Updated quarterly.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Available in Excel file format. <\/span><\/span><\/span><\/p>\n (4) <\/span><\/span><\/span>New Construction Project Data<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Building-level listings and summary statistics for submarkets and metros are presented for planned\/proposed projects, projects under construction and recently completed projects in the Office, Apartment and Retail sectors.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Updated weekly.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Available in pdf and Excel file formats.<\/span><\/span><\/p>\n (5) <\/span><\/span><\/span>Class Cut Historical Trends<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Market and submarket aggregated details on supply, demand, rents and vacancy for Class A and Class B\/C properties for the Apartment and Office sectors.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Historical trends are presented from 1990 at the market level and from 1996 at the submarket level.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Updated quarterly.<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Available in Excel file format. <\/span><\/span><\/span><\/p>\n (6) <\/span><\/span><\/span>Local News and Archive<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Daily real estate and economic stories are posted from the leading local newspapers and periodicals across the nation, coded by Reis into relevant metros.<\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Updated each business day.<\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Searchable archive of stories maintained for 90 days.<\/span><\/p>\n (7) <\/span><\/span><\/span>Economic\/Demographic Information<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Pertinent \u201cdemand-side\u201d variables provided for each metro with trends and forecasts by Economy.com<\/a>.<\/span><\/p>\n \u00b7 <\/span><\/span><\/span>The six variables are:<\/span><\/p>\n o <\/span><\/span><\/span>Total Employment;<\/span><\/p>\n o <\/span><\/span><\/span>Office Employment;<\/span><\/p>\n o <\/span><\/span><\/span>Industrial Employment;<\/span><\/p>\n o <\/span><\/span><\/span>Total Population;<\/span><\/p>\n o <\/span><\/span><\/span>Number of Households; and<\/span><\/p>\n o <\/span><\/span><\/span>Median Family Income.<\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Updated quarterly.<\/span><\/p>\n (8) <\/span><\/span><\/span>Rent Comp Data<\/span><\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Includes current and historical information on comparable property rents and vacancies for the Office, Apartment and Retail sectors.<\/span><\/p>\n \u00b7 <\/span><\/span><\/span>Updated quarterly.<\/span><\/p>\nA. Primary Markets <\/span><\/span><\/h1>\n