Colliers Office - Insight Summary Report

Proactive Pre-acquisition Due Diligence UNITED STATES Prepared for: Glynis Bryan | Krista Cole Prepared by: Kathy Foster | Phil Breidenbach

The Puzzle Putting the acquisition puzzle together can be a very daunting task, we’ve got you covered.

925k

Total RSF

46

Total Locations

39/7

Leased/Owned

$19M

Total Remaining Obligations as of 3/1/19

$92M

Approx. Value of Assets

PHILLIP M. BREIDENBACH, SIOR

KATHY FOSTER

COLLIERS INTERNATIONAL

Executive Vice President Dir +1 602 222 5073 phil.breidenbach@colliers.com

Senior Vice President Dir +1 602 222 5172 kathy.foster@colliers.com

2390 E Camelback Rd, Suite 100 Dir +1 602 222 5000 colliers.com/greaterphoenix

Contents by Tabs The Summary Location Map Missing Documents/Signatures Leased Summary Owned Summary

Disclaimer: THIS IS NOT AN APPRAISAL This Real Estate Broker’s Summary and Opinion of Value (Summary) is intended for the sole and exclusive use of Insight and it is not to be used by any person or entity other than Insight or its representatives for any purpose whatsoever. This represents only the opinion of Colliers International as to the value of the certain properties, subject to the assumptions and qualifications set forth herein. Colliers International Brokerage is not licensed to perform real property appraisals. Accordingly, this Summary does not constitute an appraisal, is not to be relied upon as such, and has not been prepared in accordance with the Uniform Standards of Professional Appraisal Practice. This document is specifically qualified by, and based solely upon the relevant facts, circumstances and market conditions that exist as of the date of delivery. We undertake no obligation to update, modify, or supplement this document to the extent that such facts, circumstances or market conditions subsequently change.

The Summary

39

494k

$19M

53%

Leased Locations

Total SF Leased

Remaining Lease Obligation

Leased

7

437k

$92M

47%

Owned Locations

Total SF Owned

Owned

Total Value Owned

Remaining Lease Term (months) 7

# of Leases

6 5 4 3 2 1 0 1-12

13-24

25-36

37-48

Remaining Term (months)

49+

Location Map

14 Missing Documents 21 Missing Signatures

Missing Documents/ Signatures

City

ST

Address

Missing Documents

Portland

OR

10300 SW Greenburg Rd

1st Amend.

Draper

UT

12257 S. Business Park Dr., Ste 102

10th Amend.

Aurora

IL

4245 Meridian Pkwy

Commencement Certificate

Dallas

TX

16800 N. Dallas Pkwy

Commencement Certificate

Alpharetta

GA

4100 Old Milton Pkwy

1st Amend., 2nd Amend.

Denver

CO

455 Sherman St, Ste 210

Master Lease, Landlord Consent

Chantilly

VA

14120 Newbrook Dr

Commencement Certificate

Herndon

VA

13755 Sunrise Valley Dr

Commencement Certificate

Meridian

ID

2090 S. Silverstone Way

Commencement Certificate

San Diego

CA

9771 Clairemount Mesa Blvd

Commencement Certificate

Chicago

IL

300 S. Riverside Plaza

Lease

Valley View (Cleveland)

OH

8200 Sweet Valley Dr

Master Lease

City

State

Address

Missing Signature

St. Louis

MO

3 City Place Dr

1st, 2nd, 3rd, & 6th Amend.

Portland

OR

10300 SW Greenburg Rd

2nd Amend.

Draper

UT

12257 S. Business Park Dr., Ste 102

2nd, 8th, 9th, 10th & 11th Amend.

Aurora

IL

4245 Meridian Pkwy

Guaranty

Dallas

TX

14060 Dallas Pkwy

Guaranty

Worthington (Columbus)

OH

6575 Huntley Rd Units 4, 4A, & C

Landlord on Lease

Dallas

TX

16800 N. Dallas Pkwy

Lease

Milwaukee

WI

10850 W Park Place

Lease

Shelton

CT

2 Trap Falls Rd

Lease Agreement

Cincinnati

OH

4600 McAuley Pl

Lease Summary

Alpharetta

GA

4100 Old Milton Pkwy

Lease, Lease Guaranty, 3rd Amend.

Denver

CO

455 Sherman St, Ste 210

Sublessor

13 Guaranties

Leased Summary

OH

OH

OH

Worthington (Columbus)

Worthington (Columbus)

Worthington (Columbus)

MO

St. Louis

OH

CA CT

San Francisco Shelton

Worthington (Columbus)

8400 Sweet Valley Dr

CA CA

San Diego San Francisco

OH

NC NC NM GA GA

Raleigh Raleigh Rio Rancho Roswell Roswell

OH

PA OR

Pittsburgh Portland

Valley View

WI IL NY

Milwaukee Naperville New York

Valley View (Cleveland)

3 City Place Dr

FL

6575 Huntley Rd Unit 4A

6575 Huntley Rd Unit 2D

6575 Huntley Rd Units 2, 2D, G1 & G2

6575 Huntley Rd Units 4, 4A, & C

8200 Sweet Valley Dr

1 California St 2 Trap Falls Rd

9771 Clairemount Mesa Blvd One Market Spear Tower

5510 Six Forks Rd Ste 330 3401 Gresham Lake Rd 2341 HP Way 5080 Old Ellis PL 5070 Old Ellis Pointe Rd

680 Andersen Dr 10300 SW Greenburg Rd

10850 W Park Place 175 Ambassador Dr 15 W. 16th St.

9250 W. Flagler St.

2090 S. Silverstone Way

13755 Sunrise Valley Dr

200 Foxborough Blvd Ste 200

10022 Lantern Rd

ID

IN

Fishers (Indianapolis)

12257 S. Business Park Dr., Ste 102

Miami

UT

Draper

455 Sherman St, Ste 210

6450 Poe Ave

Meridian

CO

Denver

MA

OH

Dayton

16800 N. Dallas Pkwy

VA

TX

Dallas

14060 Dallas Pkwy

14120 Newbrook Dr 300 S. Riverside Plaza 111 N Canal St 4600 McAuley Pl

150 Brick Blvd

11001 Lakeline Blvd

4245 Meridian Pkwy

4100 Old Milton Pkwy

Address

Foxborough

TX

Dallas

ST

Herndon

NJ

VA IL IL OH

Chantilly Chicago Chicago Cincinnati

TX

Austin

Brick

GA

IL

Alpharetta

Aurora

City

5,000 488,399

5,600

63,606

63,315

14,196

4,025

2,625

5,029 Regus Unknown (1 Office) 5,189

5,160 TBD 29,000 7,850 7,850

9,665 2,260

4,887 25,000

15,666

6,654

11,270

8,684

7,882

1,159

2,370

10,462

6,646

31,396

13,919 28,063 28,074 11,421

6,555

5,811

12,575

19,535

RSF

11/30/2016

TBD

9/30/2022

9/30/2022

4/30/2008

5/30/2019

5/31/2020

12/31/2016 10/31/2020

TBD 11/30/2018

4/30/2024 10/31/2018 9/12/2016 6/30/2019 6/30/2019

12/31/2021 5/31/2018

7/3/2019 12/31/2018 3/31/2017

2/1/2023

2/28/2019

TBD

5/31/2021

1/31/2017

12/31/2019

2/29/2020

3/31/2021

TBD

TBD

TBD 3/31/2025 3/31/2014 TBD

2/28/2020

5/31/2024

TBD

TBD

LED

44

44

3

15

20

4 4

63

35

4

48

27

10

12

25

74

12

64

As of: 3/1/2019

$

$

$

$

NNN

NNN

NNN

NNN

NNN NNN (Flex/Industrial)

FS

FSG

NNN

FS MG FSG NNN FS

FS FS

NNN NNN

FS

+ Janitorial

FS

Net of Elec

$

$

$

$

$

$

$

$ $

$

$

$

$

$

$

NNN $ NN (Tenant to pay utilities, janitorial)

FSG?

NNN

FS

$

FS Net NNN

$

$

$

$

$

FS

MG

NNN

NNN

FS

Type

19,088,982

567,684

485,927

9,358

199,027

112,428

506,829

92,236 333,219

529,772

600,841

22,211

1,836,055

3,575,561

442,884

16,390

49,770

439,404

515,065

2,121,873

919,581

1,734,549

108,158

720,041

953,604

2,196,515

Total Remaining Obligation

0.00%

0.00%

0.00%

0.00%

2.00%

1.60% 0.00%

0.00% 2.00%

0.00% 0.00%

3.90% 4.00%

$2.30

$2.30

$5.69

$6.00-$12.00

$28.75

$95.00 N/A

N/A N/A

$9.00 $9.85

$21.00 $14.50

$25.00 $25.50

N/A

15.00% 12.00%

$11.25

0.00%

Withheld

N/A

Withheld

$23.00

$14.50

$14.50

$32.00

$17.50

Withheld

$26.00

$14.95

$24.00 $34.00

N/A

N/A

N/A

Asking Rental Rates

30.00%

8.00%

0.00%

10.00%

25.20%

50.00%

0.00%

0.00%

7.90%

20.00%

11.00%

20.00%

52.00% 14.00%

0.00%

0.00%

Unknown

0.00%

Building Vacancy

B

B (Distribution)

B

A

B

B A

C

A C

A A

B

A

B

B

A

B

B Office B Single-story Flex

A Office

A

B

C

A

B A

B

A

B

Class

Expired / Month-to-month License Agreement assumed to be terminated when incorporated into Lease 52-000(B) Sublease terminated upon execution of Master Lease incorporating the Premises into Lease 52-000(A) via 2nd Amendment.

Expired, 4/30/2008

Address different on spreadsheet

Guaranteed by En Pointe Technologies

Expired, 12/31/2016

Guaranteed by PCM. 1st pg. of Lease was copied with a sticky note & part of page is not readable.

Expired / Regus, 11/31/2018

Expired, 10/31/2018 Terminated 9/12/2016

Guaranteed by PCM Expired, 5/31/2018

Guaranteed by PC Mall Expired, 12/31/2018 Expired 3/3/2017

Guaranteed by PCM Expired / Guaranteed by CompUSA Retail, removed in 1st Amend.

Expired 1/31/2017

Estoppel & 11th Amend. don't match

Need Master Lease

Sublease / Guaranteed by PCM

No Commencement Date

Guaranteed by AF Services Needs Lease Expired 3/31/2024 Guaranteed by PCM No Commencement Date. Guaranteed by CompUSA

Guaranteed by PCM. Renewed for 63 mos. & downsized from 11,013 SF.

Guaranteed by PCM

Guaranteed by PCM

Notes

Master Lease

Commencement Certificate

1st Amend.

Commencement Certificate Commencement Certificate

10th Amend.

Master Lease, Landlord Consent

Commencement Certificate

Commencement Certificate Lease

1st Amend., 2nd Amend.

Commencement Certificate

Landlord on Lease

Lease Agreement 1st, 2nd, 3rd, & 6th Amend.

2nd Amend.

Lease

Sublessor 2nd, 8th, 9th, 10th & 11th Amend.

Lease

Guaranty

Lease Summary

Guaranty

Missing Signature Lease, Lease Guaranty, 3rd Amend.

Missing Documents

Vacating without providing security

15 days

Tenant abandons or vacates and commits waste

30 days, Landlord has right to terminate Abandonment with 30 days non-payment

Vacation default without providing reasonable level of security for the Tenant abandons Premises

Default

Option to terminate 12/31/2019 by giving notice by 3/31/2019

Right to terminate on 3rd year with notice on 2nd year

Right to terminate on 70th month with notice by 61st month

1st Amend. - Exhibit C, Right to Terminate on 39th month with 300 days notice

Termination Options

Allowed with 30-day consent

Allowed with 30-day consent

Permitted with 30 days notice Permitted with notice to Landlord

Permitted without notice

Permitted

Permitted without consent Permiteed with notice

Termination at end of year 2 (5/1/2018) with 180 days notice.

Termination at end of year 2 (9/30/19) by giving 180 days notice & paying $165,000.

Right to terminate on 39th month with 300-day notice

Right to terminate on 36th month with 9 months notice

One time termination option 10/31/2021. Must give notice by 4/30/2021. Pay unamortized TI & commissions.

Permitted with 10 days notice

Permitted with 10 days notice Permitted without notice

Permitted without notice

Permitted with 15 days notice

Permitted without notice

Permitted with notice

Allowed with Landlord consent Permitted with 60 days notice to Landlord

Approved with 90-day notice

Permitted with consent Due to sublease, any assignment must be approved

by Master Landlord.

Permitted with 30 days notice

Permitted without notice

Permitted without consent Permitted with 15 days notice to Landlord

Permitted with 10 days notice to Landlord

Permitted without notice

Permitted with notice

Assignment

1

Location Number

97-000

Site Information City State Address

Alpharetta GA 4100 Old Milton Parkway

Current Terms RSF Lease Expiration Date Lease Type

19,535 TBD Full Service

Current Rent Schedule

NOTES: No Commencement Cert.

Start 1 5 17 29 41 53

End 4 16 28 40 52 64

PSF $0.00 $21.50 $21.98 $22.48 $22.98 $23.50

Monthly $0.00 $35,000.21 $35,781.61 $36,595.57 $37,409.53 $38,256.04

Annually $0.00 $420,002.50 $429,379.30 $439,146.80 $448,914.30 $459,072.50

Total Remaining Obligation

$2,196,515.40

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% N/A B

Notes Guaranteed by PCM

Missing Documents

Missing Signatures

1st Amendment 2nd Amendment

Lease Lease Guaranty 3rd Amendment to Lease

Default

Assignment Permitted w/notice

Options

6

Location Number Site Information City State Address

Austin TX 11001 Lakeline Blvd.

Current Terms RSF Lease Expiration Date Lease Type

5,811 5/31/2024 NNN

Current Rent Schedule

NOTES:

Start 3/1/2019 3/1/2020 3/1/2021 3/1/2022 3/1/2023 3/1/2024

End 2/28/2020 2/28/2021 2/28/2022 2/28/2023 2/28/2024 5/31/2024

PSF $22.25 $22.86 $23.49 $24.14 $24.80 $25.48

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% N/A A

Notes Lease Guaranteed by PCM Renewed for 63 Months on 3/1/19 and downsized fom 11,013

Missing Documents

Default If Tenant vacates w/o providing resonable notice to landlord.

Assignment Permitted with 10 days notice to landord.

Options Right to Terminate on the 39th month with 300 days prior notice.

Missing Signatures

Monthly $10,774.56 $11,069.96 $11,375.03 $11,689.80 $12,009.40 $12,338.69

Annually $129,294.75 $132,839.46 $136,500.39 $140,277.54 $144,112.80 $37,016.07

Total Remaining Obligation

$720,041.01

Location Number

96-000

Site Information City State Address

Aurora IL 4245 Meridian Parkway

Current Terms RSF Lease Expiration Date Lease Type

12,575 TBD NNN

Current Rent Schedule

NOTES:

Start 1 5 13 25 37 49 61

End 4 12 24 36 48 60 70

PSF $0.00 $12.50 $13.00 $13.50 $14.00 $14.50 $15.00

Existing Building Assessment Building Vacancy Asking Rental Rates Class

unknown

Notes Guaranteed by PCM

Missing Documents

Missing Signatures

Commencement certificate

Guaranty

Default

Assignment Permitted w/o notice

Options

Monthly $0.00 $13,098.96 $13,622.92 $14,146.88 $14,670.83 $15,194.79 $15,718.75

Annually $0.00 $104,791.68 $163,475.04 $169,762.56 $176,049.96 $182,337.48 $157,187.50

Total Remaining Obligation

$953,604.22

Location Number

56-125

Site Information City State Address

Brick NJ 150 Brick Blvd.

Current Terms RSF Lease Expiration Date Lease Type

6,555 2/28/2020 ModGross

Current Rent Schedule

NOTES:

Start End 3/1/2019 2/28/2020

PSF $16.50

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% N/A B

Notes

Missing Documents

Default Tenant abandons the premises

Assignment Permitted w/o consent

Options

Missing Signatures

Monthly $9,013.13

Annually $108,157.50

Total Remaining Obligation

$108,157.50

No. #

Location Number Site Information City State Address

Chatilly VA 14120 Newbrook Dr.

Current Terms RSF Lease Expiration Date Lease Type

13,919 TBD Full Service

Current Rent Schedule

NOTES: No Commencement Cert.

Start 1 13 25 37 49 61

End 12 24 36 48 60 64

PSF $22.00 $22.61 $23.23 $23.87 $24.52 $25.20

Existing Building Assessment Building Vacancy Asking Rental Rates Class

52% $24.00 B

Notes Guaranteed by AF Services

Missing Documents Commencement Certificate

Default

Assignment Permitted w/ 15 days notice to landlord

Options

Missing Signatures

Monthly $25,518.17 $26,219.92 $26,940.96 $27,681.84 $28,443.09 $29,225.28

Annually $306,218.04 $314,639.04 $323,291.52 $332,182.08 $341,317.08 $116,901.12

Total Remaining Obligation

$1,734,548.88

Location Number

No. #

Site Information City State Address

Chicago IL 111 N. Canal St

Current Terms RSF Lease Expiration Date Lease Type

28,074 3/31/2014 FSG

Current Rent Schedule

NOTES:

Start

End

PSF

Monthly

Annually

Total Remaining Obligation

$0.00

Expired

Existing Building Assessment Building Vacancy Asking Rental Rates Class Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Location Number

50

Site Information City State Address

Chicago IL 300 S. Riverside Plaza

Current Terms RSF Lease Expiration Date Lease Type

28,063 3/31/2025 TBD

Current Rent Schedule

NOTES: Missing Lease

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

14% $34.00 A

Notes Needs Lease

Missing Documents Lease

Default

Assignment

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

No. #

Site Information City State Address

Cincinnati OH 4600 McAuley Place

Current Terms RSF Lease Expiration Date Lease Type

11,421 TBD N

Current Rent Schedule

NOTES: No Commencement Cert.

Start 1 13 24 37 49 61

End 2 24 36 48 60 63

PSF $14.50 $14.86 $15.23 $15.61 $16.00 $16.40

Existing Building Assessment Building Vacancy Asking Rental Rates Class

20% $14.95 A

Notes Guaranteed by PCM

Missing Documents

Missing Signatures Lease Summary

Default

Assignment Permitted w/o notice

Options

Monthly $13,800.38 $14,143.00 $14,495.15 $14,856.82 $15,228.00 $15,608.70

Annually $27,600.75 $169,716.00 $173,941.80 $178,281.84 $182,736.00 $187,304.40

Total Remaining Obligation

$919,580.79

Location Number

38-106

Site Information City State Address

Valley View (Cleveland) OH 8200 Sweet Valley Dr.

Current Terms RSF Lease Expiration Date Lease Type

14,196 4/30/2008 NNN

Current Rent Schedule

NOTES:

Start

End

PSF

Monthly

Annually

Total Remaining Obligation

$0.00

Expired

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $5.69

Notes Expired 2008

Missing Documents Master Lease

Default

Assignment

Options

Missing Signatures

Location Number

99-000

Site Information City State Address

Dayton OH 6450 Poe Ave

Current Terms RSF Lease Expiration Date Lease Type

10,462 3/31/2021 NNN

Current Rent Schedule

NOTES: Sublease

Start 3/1/2019 1/1/2020 1/1/2021

End 12/31/2019 12/31/2020 3/31/2021

PSF $14.00 $14.00 $14.00

Existing Building Assessment Building Vacancy Asking Rental Rates Class

8% $17.50 A

Notes Guaranteed by PCM

Missing Documents

Missing Signatures

Default

Assignment Due to Sublease, any assignment must be approved by Master Landlord.

Options

Monthly $12,205.67 $12,205.67 $12,205.67

Annually $146,468.00 $146,468.00 $146,468.00

Total Remaining Obligation

$439,404.00

Location Number

No. #

Site Information City State Address

Dallas TX 16800 N. Dallas Parkway

Current Terms RSF Lease Expiration Date Lease Type

6,646 TBD Full Service

Current Rent Schedule

NOTES: No Commencement Cert.

Start 1 3 13 25 37 49 61

End 2 12 24 36 48 60 62

PSF $0.00 $15.00 $15.00 $15.00 $15.00 $15.00 $15.00

Existing Building Assessment Building Vacancy Asking Rental Rates Class

20% Withheld B

Notes

Missing Documents

Missing Signatures

Commencement Certificate

Lease

Default

Assignment Permitted with consent

Options

Monthly $0.00 $8,307.50 $8,307.50 $8,307.50 $8,307.50 $8,307.50 $8,307.50

Annually $0.00 $99,690.00 $99,690.00 $99,690.00 $99,690.00 $99,690.00 $16,615.00

Total Remaining Obligation

$515,065.00

Location Number

No. #

Site Information City State Address

Dallas TX 14060 Dallas Pkwy

Current Terms RSF Lease Expiration Date Lease Type

31,396 TBD NNN

Current Rent Schedule

NOTES:

Start 1 4 11 61

End 3 10 60 120

PSF $12.25 $0.00 $12.25 $13.48

Existing Building Assessment Building Vacancy Asking Rental Rates Class

11% $26.00 C

Notes Guaranteed by CompUSA

Missing Documents

Missing Signatures Guaranty

Default

Assignment Permitted w/30 days notice

Options

Monthly $32,050.08 $0.00 $32,050.08 $35,268.17

Annually $96,150.25 $0.00 $1,602,504.17 $423,218.08

Total Remaining Obligation

$2,121,872.50

Location Number

No. #

Site Information City State Address

Denver CO 455 Sherman St. Suite 210

Current Terms RSF Lease Expiration Date Lease Type

2,370 2/29/2020 TBD

Current Rent Schedule

NOTES:

Start End 3/1/2019 2/29/2020

PSF $21.00

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $32.00 A Office

Notes

Missing Documents Master Lease Sublessor Signiture LL Consent Default

Assignment

Options

Missing Signatures

Monthly $4,147.50

Annually $49,770.00

Total Remaining Obligation

$49,770.00

63-000

Location Number Site Information City State Address

Draper UT 12257 S. Business Park Dr. Suite #102

Current Terms RSF Lease Expiration Date Lease Type

1,159 12/31/2019 NNN

Current Rent Schedule Start End 3/1/2019 12/31/2019

NOTES:

PSF $16.97

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $14.50 Class "B" Office

Notes Estoppel & 11th Amendment don’t match

Missing Documents

Missing Signatures

10th Amendment

2nd Amendment 8th Amendment 9th Amendment 10th Amendment 11th Amendment

Default 30 Days LL Has Right to Terminate

Assignment Approved w/90 Day advance notice

Options

Monthly $1,639.00

Annually $16,390.00

Total Remaining Obligation

$16,390.00

Location Number

29-109

Site Information City State Address

Fishers (Indianapolis) IN 10022 Lantern Rd.

Current Terms RSF Lease Expiration Date Lease Type

7,882 1/31/2017 Elec & Janitorial

Current Rent Schedule Start

NOTES: Expired

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

50% $14.50 Single Story Flex

Notes Option to renew for 3 yrs

Missing Documents

Default Abandonment with 30 days nonpayment

Assignment Allowed w/landlord consent

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

51-000

Location Number Site Information City State Address

Foxborough MA 200 Foxborough Blvd. Suite 200

Current Terms RSF Lease Expiration Date Lease Type

8,684 5/31/2021 Net of Electricity

Current Rent Schedule

NOTES:

Start End 3/1/2019 5/31/2019 6/1/2019 5/31/2020 6/1/2020 5/31/2021

PSF $22.00 $22.50 $23.00

Existing Building Assessment Building Vacancy Asking Rental Rates Class

25.2% $23.00 B

Notes

Missing Documents

Default

Assignment Permitted w/60 days notice to landlord

Options

Missing Signatures

Monthly $15,920.67 $16,282.50 $16,644.33

Annually $47,762.00 $195,390.00 $199,732.00

Total Remaining Obligation

$442,884.00

Location Number

18

Site Information City State Address

Herndon VA 13755 Sunrise Valley Dr

Current Terms RSF Lease Expiration Date Lease Type

11,270 TBD Full Service

Current Rent Schedule

NOTES:

Start 1 2 3 4 5 6 7 8 9 10 11

End 12 24 36 48 60 72 84 96 108 120 132

PSF Monthly $25.50 $23,948.75 $26.14 $24,547.47 $26.79 $25,161.16 $27.46 $25,790.18 $28.15 $26,434.94 $28.85 $27,095.81 $29.57 $27,773.21 $30.31 $28,467.54 $31.07 $29,179.23 $31.85 $29,908.71 $32.64 $30,656.42 Total Remaining Obligation

Existing Building Assessment Building Vacancy Asking Rental Rates Class

10% Withheld A

Notes Guaranted by PCM

Missing Documents Missing Commencement Cert.

Default

Assignment Permitted w/notice

Options Right to terminate on 70th month with notice by 61st month

Missing Signatures

Annually $287,385.00 $294,569.64 $289,933.92 $309,482.16 $317,219.28 $325,149.72 $333,278.52 $341,610.48 $350,150.76 $358,904.52 $367,877.04 $3,575,561.04

Location Number

94-000

Site Information City State Address

Miami FL 9250 W. Flagler St.

Current Terms RSF Lease Expiration Date Lease Type

15,666 2/1/2023 Full Service

Current Rent Schedule

NOTES:

Start 3/1/2019 10/1/2019 10/1/2020 10/1/2021 10/1/2022

End 9/30/2019 9/30/2020 9/30/2021 9/30/2022 2/1/2023

PSF $24.48 $24.97 $25.47 $25.98 $26.50

Existing Building Assessment Building Vacancy Asking Rental Rates Class

8% Withheld B

Notes

Missing Documents

Default

Assignment Permitted w/ 15 days notice

Options Right to terminate on 3rd year with giving notice on the 2nd year

Missing Signatures

Monthly $31,958.64 $32,598.34 $33,251.09 $33,916.89 $34,595.75

Annually $223,710.48 $391,180.02 $399,013.02 $407,002.68 $415,149.00

Total Remaining Obligation

$1,836,055.20

Location Number

22

Site Information City State Address

Milwaukee WI 10850 W. Park Place

Current Terms RSF Lease Expiration Date Lease Type

4,887 7/3/2019 NNN

Current Rent Schedule

NOTES:

Start 3/1/2019 6/1/2019

End 5/31/2019 5/31/2020

PSF $10.82 $11.04

Existing Building Assessment Building Vacancy Asking Rental Rates Class

30% $11.25 A

Notes Guaranted by PC Mall

Missing Documents

Missing Signatures Lease

Default Tenant abandons or vacates and commits waste

Assignment Permitted w/o notice

Options

Monthly $4,406.45 $4,496.04

Annually $13,219.35 $8,992.08

Total Remaining Obligation

$22,211.43

Location Number

73-000

Site Information City State Address

Meridian ID 2090 S. Silverstone Way

Current Terms RSF Lease Expiration Date Lease Type

6,654 2/28/2019 + Janitorial

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% N/A B

Notes Guaranteed by CompUSA Retail, removed in 1st Amendment

Missing Documents Commencement Certificate

Default

Assignment Permitted w/o notice

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

No. #

Site Information City State Address

Naperville Illinois 175 Ambassador Dr.

Current Terms RSF Lease Expiration Date Lease Type

25,000 12/31/2018 NNN

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

No. #

Site Information City State Address

New York NY 15 W. 16th St

Current Terms RSF Lease Expiration Date Lease Type

3/31/2017

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% N/A B

Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

37-200

Site Information City State Address

Pittsburg PA 680 Andersen Dr.

Current Terms RSF Lease Expiration Date Lease Type

9,665 12/31/2021 Full Service

Current Rent Schedule

NOTES:

Start 3/1/2019 1/1/2020 1/1/2021

End 12/31/2019 12/31/1930 12/31/2021

PSF $21.50 $22.00 $22.25

Monthly $17,316.46 $17,719.17 $17,920.52

Annually $173,164.58 $212,630.00 $215,046.24

Total Remaining Obligation

$600,840.82

Existing Building Assessment Building Vacancy Asking Rental Rates Class

15% $25.00 A

Notes Guaranteed by PCM

Missing Documents

Default

Assignment Permitted with 10 days notice to landlord

Options Option to terminate 12/31/2019, by giving notice by 3/31/2019

Missing Signatures

Location Number

60-000

Site Information City State Address

Portland OR 10300 S.W. Greenburg Rd.

Current Terms RSF Lease Expiration Date Lease Type

2,260 5/31/2018 Full Service

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

12% $25.50 A

Notes

Missing Documents

Missing Signatures

1st Amendment

2md Amendment

Default

Assignment Permitted w/o notice

Options

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

No. #

Site Information City State Address

Raleigh NC 3401 Gresham Lake Rd

Current Terms RSF Lease Expiration Date Lease Type

TBD 10/31/2018 Modified gross

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

4% $14.50 C

Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

No. #

Location Number Site Information City State Address

Raleigh NC 5510 Six Forks Rd Suite 330

Current Terms RSF Lease Expiration Date Lease Type

5,160 4/30/2024 FSG

Current Rent Schedule

NOTES:

Start 3/1/2019 11/1/2019 11/1/2020 11/1/2021 11/1/2022 11/1/2023 1/1/2024 2/1/2024

End 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 12/31/2023 1/31/2024 4/30/2024

PSF $19.00 $19.48 $19.96 $20.46 $20.97 $21.50 $0.00 $21.50

Existing Building Assessment Building Vacancy Asking Rental Rates Class

4% $21.00 A

Notes

Missing Documents

Default 15 Days

Assignment Permitted w/ 10 days notice

Options One Time Termination Option 10/31/21 Must give notice by 4/30/21 Pay unamortized TI & Commissions

Missing Signatures

Monthly $8,170.00 $8,376.40 $8,582.80 $8,797.80 $9,069.53 $9,298.75 $0.00 9298.75

Annually $65,360.00 $100,516.80 $102,993.60 $105,573.60 $108,834.30 $18,597.50 $0.00 27896.25

Total Remaining Obligation

$529,772.05

Location Number

No. #

Site Information City State Address

Rio Rancho NM 2341 HP Way

Current Terms RSF Lease Expiration Date Lease Type

29,000 9/12/2016 FSG

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

00-230

Site Information City State Address

Roswell GA 5080 Old Ellis Pl

Current Terms RSF Lease Expiration Date Lease Type

7,850 6/30/2019 NNN

Current Rent Schedule

NOTES:

Start End 3/1/2019 6/30/2019

PSF $35.25

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $9.00 C

Notes

Missing Documents

Default

Assignment Permitted w/o consent

Options

Missing Signatures

Monthly $23,059.00

Annually $92,236.44

Total Remaining Obligation

$92,236.44

Location Number

00-230

Site Information City State Address

Roswell GA 5070 Old Ellis Pointe Rd.

Current Terms RSF Lease Expiration Date Lease Type

7,850 6/30/2019 FS

Current Rent Schedule

NOTES:

Start End 3/1/2019 6/30/2019

PSF $42.45

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $9.85

Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Monthly $27,768.25

Annually $333,218.95

Total Remaining Obligation

$333,218.95

Location Number

40-118

Site Information City State Address

San Diego CA 9771 Clairemount Mesa Blvd

Current Terms RSF Lease Expiration Date Lease Type

5,029 TBD NNN

Current Rent Schedule

NOTES: No Commencement Cert.

Start 1 13 25 37 49 61

End 12 24 36 48 60 63

PSF $18.00 $18.54 $19.10 $19.67 $20.26 $20.37

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% N/A B

Notes Guaranteed by PCM 1st pg of lease was copied with a sticky and some of page is not readable

Missing Documents Commencement Certificate

Default Vacating w/o providing security

Assignment Permitted

Options Right to terminate on 36th month with 9 months notice

Missing Signatures

Monthly $7,543.50 $7,769.81 $8,002.90 $8,242.99 $8,490.28 $8,744.98

Annually $90,522.00 $93,237.72 $96,034.80 $98,915.88 $101,883.36 $26,234.94

Total Remaining Obligation

$506,828.70

Location Number

67-000

Site Information City State Address

San Francisco CA One Market Spear Tower

Current Terms RSF Lease Expiration Date Lease Type

Regus 11/30/2018

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

2% N/A A

Notes Regus

Missing Documents

Default

Assignment

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

No. #

Site Information City State Address

San Francisco CA 1 California Street

Current Terms RSF Lease Expiration Date Lease Type

Unknown (1 Office)

12/31/2016 FSG

Current Rent Schedule

NOTES: Expired

Start

End

PSF

Existing Building Assessment Building Vacancy Asking Rental Rates Class

1.6% $95.00

Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Monthly

Annually

Total Remaining Obligation

$0.00

Location Number

44

Site Information City State Address

Shelton CT 2 Trap Falls Rd.

Current Terms RSF Lease Expiration Date Lease Type

5,189 10/31/2020

Current Rent Schedule

NOTES:

Start End 3/1/2019 10/31/2020

PSF $13.00

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% N/A B

Notes

Missing Documents

Missing Signatures Lease Agreement

Default

Assignment Permitted w/o notice

Options

Monthly $5,621.42

Annually $112,428.40

Total Remaining Obligation

$112,428.40

Location Number

58-000

Site Information City State Address

St. Louis MO 3 City Place Dr.

Current Terms RSF Lease Expiration Date Lease Type

2,625 5/31/2020 Full Service

Current Rent Schedule

NOTES:

Start End 3/1/2019 5/31/2019 6/1/2019 5/31/2020

PSF $27.00 $27.50

Existing Building Assessment Building Vacancy Asking Rental Rates Class

2% $28.75 A

Notes Lease Guaranteed by En Pointe Technologies

Missing Documents

Missing Signatures 1st Amendment 2nd Amendment 3rd Amendment 6th Amendment

Default

Assignment Permitted with 30 days notice to landlord

Options Right to terminate on the 39th month with 300 days prior notice.

Monthly $13,074.76 $13,316.88

Annually $39,224.28 $159,802.50

Total Remaining Obligation

$199,026.78

Location Number

38-106

Site Information City State Address

Valley View OH 8400 Sweet Valley Dr.

Current Terms RSF Lease Expiration Date Lease Type

4,025 5/30/2019 NNN

Current Rent Schedule

NOTES:

Start 3/1/2019

End 5/31/2019

PSF $9.30

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $6-$12 B

Notes Address different on spreadsheet

Missing Documents

Default

Assignment Permitted with notice to landlord

Options

Missing Signatures

Monthly $3,119.38

Annually $9,358.13

Total Remaining Obligation

$9,358.13

Location Number

52-000(C)

Site Information City State Address

Worthington (Columbus) OH 6575 Huntley Rd Unit 2D

Current Terms RSF Lease Expiration Date Lease Type

5,600 Month-to-Month NNN

Current Rent Schedule

NOTES:

Start

End

PSF

Monthly

Annually

Total Remaining Obligation

$0.00

Expired / License agreement assumed to be terminated when incorporated into Lease 52-000(B).

Existing Building Assessment Building Vacancy Asking Rental Rates Class Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Location Number

52-000(D)

Site Information City State Address

Worthington (Columbus) OH 6575 Huntley Rd Unit 4A

Current Terms RSF Lease Expiration Date Lease Type

5,000 11/30/2016 NNN

Current Rent Schedule

NOTES:

Start

End

PSF

Monthly

Annually

Total Remaining Obligation

$0.00

Expired / Sublease terminated upon execution of Master Lease incorporating the Premises into Lease 52-000(A) via 2nd Amendment.

Existing Building Assessment Building Vacancy Asking Rental Rates Class Notes

Missing Documents

Default

Assignment

Options

Missing Signatures

Location Number

52-000(B)

Site Information City State Address

Worthington (Columbus) OH 6575 Huntley Rd Units 2, 2D, G1 & G2

Current Terms RSF Lease Expiration Date Lease Type

63,606 9/30/2022 NNN

Current Rent Schedule

NOTES:

Start End 3/1/2019 9/30/2022

PSF $2.55

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $2.30 B

Notes

Missing Documents

Missing Signatures

Default

Assignment Allowed with 30-day consent

Options Termination at end of year 2 (9/30/19) by giving 180 days notice and paying $165,000.

Monthly $13,516.28

Annually $567,683.76

Total Remaining Obligation

$567,683.76

Location Number

52-000(A)

Site Information City State Address

Worthington (Columbus) OH 6575 Huntley Rd Units 4, 4A & C

Current Terms RSF Lease Expiration Date Lease Type

63,315 9/30/2022 NNN

Current Rent Schedule

NOTES:

Start End 3/1/2019 7/30/2020 7/1/2020 6/30/2021 7/1/2021 9/30/2022

PSF $2.10 $2.25 $2.25

Existing Building Assessment Building Vacancy Asking Rental Rates Class

0% $2.30 B (Distribution)

Notes

Missing Documents

Missing Signatures Landlord on Lease

Default

Assignment Allowed with 30-day consent

Options Termination at end of year 2 (5/1/18) with 180 days notice.

Monthly $11,079.13 $11,871.58 $11,871.58

Annually $177,266.08 $142,458.96 $166,202.12

Total Remaining Obligation

$485,927.16

$92M Value of Assets

Owned Summary

ST

CA

CA

OH

OH

CA

CA

IL

City

El Segundo

Irvine

Lewis Center

New Albany

Santa Monica

Santa Monica

Woodbridge

7155 Janes Avenue

Need Address

1501 Wilshire Boulevard

7000 Sounder Rd

8337 N Green Meadows Drive

19 Morgan

1940 E Mariposa Avenue

Address

436,814

29,344

Unknown

6,816

112,718

144,000

60,072

83,864

RSF

2002

Unknown

1982

Unknown

1993

1982

1982

Year Built

3.43 Acres

Unknown

Class B

Office/Flex (Owner Occupied)

Class B

Storefront Retail (Occupied)

0.746 Acres

Unknown

Class A

Tier III Data Center

8 Acres

Bike Shop

$9,360,000

Class B Warehouse

Industrial

9.74 Acres

$91,997,320

$3,374,560

Unknown

$7,497,000

$21,400,000

$16,820,160

Class B

3.37 Acres

$33,545,600

Approximate Value

Office/ Industrial-Flex

Condition Class B

Current Use Corporate HQ

4.22 Acres

Acres

$115.00

Unknown

$1,100.00

$190.00

$65.00

$280.00

$400.00

PSF Building

$22.60

Unknown

$230.70

$61.41

$22.06

$114.54

$182.52

PSF Land

Building Value Overview 7155 Janes Avenue | Woodbridge, Illinois Square Footage

29,344 SF

Year Built 2002 Acres

3.43 | 149,410 SF

Current Use Office/Flex (Owner-occupied) Condition Class “B” Approximate Value

$3,374,560

PSF Building

$115/sf

PSF Land

$22.60/sf

Building Value Overview 8337 N Green Meadows Drive | Lewis Center, OH Square Footage

144,000 SF

Year Built 1993 Acres

9.74 | 424,274 SF

Current Use

Industrial

Condition

Class “B” Warehouse

(Metal Structure)

Approximate Value

$9,360,000

PSF Building

$65/sf

PSF Land

$22.06/sf

Building Value Overview 1501 Wilshire Boulevard | Santa Monica, CA Square Footage

6,816 SF

(plus ±2,787 SF Mezzanine)

Year Built 1982 Acres

0.746 | 32,500 SF

Current Use

Storefront Retail (Occupied)

Condition Class “B” Approximate Value

$7,497,000

PSF Building

$1,100

PSF Land

$230.70/sf

Building Value Overview 7000 Sounder Road | New Albany, OH Square Footage

112,718 SF (Approximately)

Year Built Unknown Acres ±8 | 348,480 SF Current Use

Tier III Data Center

Condition

Class “A” Data Center

Approximate Value

$21,400,000

PSF Building

$190/sf

PSF Land

$61.41/sf

Public records were unavailable to confirm size of building or parcel. Measurements are approximate. Value is based on psf sale price of comparable data centers.

Building Value Overview 19 Morgan | Irvine, CA Square Footage

60,072 SF

Year Built 1982 Acres

3.37 | 146,853 SF

Current Use Office/Industrial-Flex (Light Manufacturing) Condition Class “B” Approximate Value

$16,820,160

PSF Building

$280/sf

PSF Land

$114.54/sf

Building Value Overview Need Address | Santa Monica, CA Square Footage

Unknown

Year Built Unknown Acres Unknown Current Use

Bike Shop

Condition Unknown Approximate Value

Unknown

PSF Building

Unknown

PSF Land

Unknown

Building Value Overview 1940 E Mariposa Avenue | El Segundo, CA Square Footage

83,864 SF

Year Built 1982 Acres

4.22 | 183,793 SF

Current Use

Corporate HQ

Condition

Class “B” Office

Approximate Value

$33,545,600

PSF Building

$400/sf

PSF Land

$182.52/sf

PHILLIP M. BREIDENBACH, SIOR

KATHY FOSTER

COLLIERS INTERNATIONAL

Executive Vice President Dir +1 602 222 5073 phil.breidenbach@colliers.com

Senior Vice President Dir +1 602 222 5172 kathy.foster@colliers.com

2390 E Camelback Rd, Suite 100 Dir +1 602 222 5000 colliers.com/greaterphoenix