Optiver

One Prudential Plaza
Chicago, Illinois

Assignment 1:

Brokerage - In early 2005, Optiver, an electronic trading firm headquartered in Amsterdam, retained Holly Duran Real Estate Partners LLC ("HDREP") to assist in relocating and expanding its small presence in Chicago to accommodate an electronic screen trading environment. Optiver gave HDREP with the task completing the relocation and expansion within 60 days.

Result: Due to Optiver's immediate requirement for space, HDREP commenced a thorough evaluation of office space alternatives with existing infrastructure in place. Within 30 days, HDREP successfully negotiated a three year sublease agreement with an extremely creditworthy sublandlord for approximately 8,000 rentable square feet of existing electronic trading space at an extremely aggressive rental rate in Chicago's West Loop. The sublease space was equipped with a fully functional data center and furnished trading room with supplemental air conditioning. These existing conditions allowed Optiver the ability to commence operations in record time with little out of pocket exposure.


Assignment 2:

Brokerage - With approximately 18 months of term remaining on their sublease, Optiver enlisted HDREP to locate a building that could support a fully redundant electronic trading operation of approximately 25,000 rentable square feet in a Class "A" downtown building.

Result: After extensively investigating the infrastructure capabilities at office buildings in the East, West and Central Loop submarkets of Chicago, HDREP developed a short list of approximately five buildings that could accommodate Optiver's massive electrical, cooling and data requirements. An intensive review of the financial implications of each of the final alternatives proved that a relocation/expansion to a Class "A" building in the East Loop was the most appropriate alternative for Optiver. HDREP worked closely with Optiver's general contractor, engineer and architect to develop a transaction that provided Optiver with a substantial amount of base building infrastructure, as well as the ability to appropriately back up and cool their data and trading rooms. The real estate marketplace was surprised to learn that an electronic trading firm of Optiver's caliber would commit to an office lease in the East Loop, as it is common for electronic trading firms to lease space in or around one of the financial exchange buildings. Optiver is currently under construction and scheduled to occupy their new facility during the second quarter of 2008.