Presentation - Melbourne Airport Authority Hotel

April 25

Melbourne Airport Authority Hotel

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HOSPITALITY OVERVIEW

5005 LBJ Freeway, Suite 1200 | Dallas, TX 75244 | www.encore.bz | 1-844-7-Encore

An experienced team.

HOSPITALITY OVERVIEW

TRACK RECORD OF SUCCESS § Since inception, Encore has been successfully investing in full- and select-service hotels nationwide across multiple market cycles for 17 years. § To date, Encore has developed or acquired 52 hotels totaling 6,900 rooms. § Encore currently owns and operates 11 hotels representing 1,526 keys totaling $213M in assets under management. § At the portfolio’s peak, Encore’s hotels generated annual revenues of more than $100M and annual net operating income of approx. $34M. § Encore’s in-house hotel management team is consistently ranked in the top 50 hotel management companies nationally. (1)

41 REALIZED INVESTMENTS (2) 50% IRR (2) 3.5x EQUITY MULTIPLE (2)

As of May 31, 2018, unless noted otherwise. Most recent hotel acquisition occurred September 2018 and reflected in the current portfolio number. Past performance is not indicative of future results.

(1) Hotel Business Magazine, editions: April 2002, September 2006, April 2007, September 2007, September 2008, September 2012.

(2) Performance based on realized Hospitality investments as of May 31, 2018.

An experienced team.

2

HOSPITALITY OVERVIEW

VALUE-ADD STRATEGY HOW DOES ENCORE HOSPITALITY CREATE VALUE?

Stable Assets PIP Renovation

Cost Management

Balance Sheet Restructuring

Underperforming Assets Purchased below replacement cost Distressed valuations, below market RevPAR, rehabilitation/recapitalization requirement

Attractive Purchase Price

VALUE CREATION

Guest Satisfaction Management

ADR and RevPAR improvement, higher occupancies and operating efficiencies, and value appreciation

Corrective Management

ADR and RevPAR Improvement

3

An experienced team / Encore Enterprises

HOSPITALITY OVERVIEW

MARKET OPPORTUNITIES PRODUCT

LOCATION

OPPORTUNITY

§ Primarily Hilton and Marriott branded hotels with 125 to 300 rooms § Mostly limited service, but some fullservice § Limited lodging hotels between 7 and 10 years old in need of renovation § Constructed of steel or concrete to facilitate an institutional exit § Minimum market RevPAR of $65 or greater § Preferred RevPAR index below 100% § GOP below 45%

§ Continuous evaluation: macroeconomic conditions; demographics; relative prices; personal income; household wealth § Focus on supply constrained markets § Primary or secondary markets with positive growth and demographics § Proximity to employment centers, airports, retail, entertainment, and other demand drivers

§ Assets at a discount to replacement costs § Hotels with significant PIPs where value can be created through in-house construction and construction management § Hotels with opportunity to reflag as a Hilton or Marriott § Undercapitalized and under-managed properties

Queen & Crescent New Orleans, LA

DoubleTree Atlanta, GA

Properties pictured are for illustrative purposes only.

An experienced team.

DoubleTree Harrisonburg, VA

5

HOSPITALITY OVERVIEW

MITIGATION AND MANAGEMENT OF RISKS ASSETS Hotels will be acquired below replacement cost, unencumbered by existing management or debt.

EXPERT TEAM The team will carefully calculate the total amount of capital expenditure necessary to upgrade and reposition investments.

SELECTIVE BRANDS

UPGRADES

Targeted brands will be Hilton or Marriott, providing access to franchise benefits such as revenue management systems and premier loyalty programs.

Operating standards, policies, and procedures will be refined while also integrating technological and operating systems.

EXPERIENCE

ANALYSIS

Encore Hospitality’s extensive operational experience with managing and building hotels will be fully utilized to ensure maximum finesse is employed.

Both internal and external data sources will be diligently analyzed to identify attractive, competitive environments, demand drivers, and pricing trends.

8

An experienced team.

HOSPITALITY OVERVIEW

ROBUST TEAM Dr. Bharat H. Sangani Founder & Chairman

Patrick J. Barber President & CEO

SHARED SERVICES

Glenn Pedersen Hospitality President

Yatin Gandhi CFO

Will Flaa Senior VP, Investment Officer

Nili Jaisinghani Executive Director, Encore Equities

Charles A. Omage Executive VP & General Counsel

Dwayne Rash President, Construction

Shalin Shah Director of IT

Damon Kearney Director of Engineering

Amy Dunaway Director of Marketing

Shelley Walker HR & Payroll Director

Rachel Pedersen Director, Quality Assurance

Donna Laymance Executive Assistant

Terri Smith Office Manager

Paul Link Controller

Jeff Hudson VP Sales & Operations

HOTEL GENERAL MANAGERS Jeff Walker Doubletree Harrisonburg (55 professionals)

Joseph Quilio Queen & Crescent (61 professionals)

Serena Andrews Fairfield Inn & Suites - Spanish Fort (24 professionals)

Eduardo Delatorre Indianapolis Embassy Suites (70 professionals)

Cynthia Conner Courtyard D’Iberville (22 professionals)

Monica Licea Residence Inn McAllen, TX (21 employees)

Paul Perez Hampton Inn Tampa, FL (43 professionals)

Melissa Corbin Courtyard - Spanish Fort (22 professionals)

Thaddeus Hobson Doubletree Atlanta (70 professionals)

Robert Hoffman Braintree Hampton Inn (35 professionals) 11

An experienced team.

An experienced team.

Richards Law Firm, PLLC Ernest Richards, Attorney at Law 214.212.2618 ernestrichardslawfirm@gmail.com Structured Equity Investments Brad Albrecht 513.361.7835 Brad.albrecht@eaglerealtygroup.com Town of Bedford Rebecca Hebert, AICP / Planning Director / Zoning Administrator 603.792.1317 rhebert@bedfordnh.org

References.

Encore Enterprises •

40+ years hotel industry

Core Construction •

80+ years in construction

Huitt-Zollars •

40+ years hospitality design

TLC Engineering •

60+ years engineering solutions

Allen Engineering •

An experienced team.

50+ years site development

An experienced team.

JW MARRIOTT AT BONNET CREEK Orlando, Florida

Contemporary design Walt Disney World destination resort 450 hotel units 50 residential units Banquet facilities, restaurants and lounges, public amenities, pool decks, spa and fitness center 1,000-car garage Limited rooftop amenities and outdoor function space

An experienced team.

An experienced team.

P3…art of the Public Deal | Transferring Risk

Process

Approach | P3 Design / Build Process

Four Points by Sheraton PROPERTY SUMMARY REPORT TIMING Analysis Period: PROPERTY SIZE Total Rooms:

7 years

Analysis Start: February 1, 2019 140

PROPERTY PERFORMANCE Occupancy ADR RevPAR PROPERTY TRANSACTION COSTS Total Transaction Costs Total Transaction Costs PROPERTY RESALE ASSUMPTIONS Resale Method: Cap Year: Cap Rate: Commission/Closing Cost: Net Sales Proceeds FINANCING STRUCTURE Loan Amount TTM Debt Yield TTM DSCR LTC Loan Term Amortization Period CAPITAL CONTRIBUTIONS Capital Structure Encore LP Encore GP Total Equity

Underwritten 68.0% 130.00 88.40 29,538,374

210,988

per key

29,538,374

210,988

per key

Cap-On-Cost 5.5%

Capitalize Net Operating Income Year 7 7.25% ($584,521) $28,641,537 204,582 per key $19,300,000 8.44% 1.09 65% 3 years 25 years TOTAL $9,214,536 $1,023,837 $10,238,374

PROJECT AND INVESTOR RETURNS 7 Year Overall Unleveraged IRR 7 Year Overall Leveraged IRR Leveraged Equity Multiple Equity Drawn Total Distributions

Comp Set

Deal Level 5.4% 6.2% 1.5 x $10,238,374 $15,075,201

Approach | Financial

Interest Rate Interest Only Period % 90% 10% 100%

6.00% 3 years

PRO-FORMA Financial Summary Actual

Under Construction Year 1

Under Construction Year 2 %

Number of Rooms Days Rooms Sold Rooms Avail % Room Occupancy Average Room Rate REV PAR

Year 3

POR

$

REVENUE Rooms Food & Beverage Phone Parking & Other Income TOTAL REVENUE DEPARTMENTAL EXPENSES Rooms Food & Beverage Phone Parking & Other Expenses TOTAL DEPARTMENTAL EXP DEPARTMENTAL INCOME Rooms Food & Beverage Phone Parking & Other TOTAL DEPARTMENTAL INCOME

%

POR

140 365 34,748 51,100 68.0% 130.00 88.40

YOY

Year 4 140 365 0.0% 35,770 0.0% 51,100 0.0% 70.0% 3.70% $ 136.50 0.0% $ 95.55

4,517,240 573,342

87.0% 11.0%

130 16.50

0.0% 0.0%

100,000 5,190,582

1.9% 100.0%

2.88 149.38

3.0% 0.0%

4,882,605 643,860 103,000 5,629,465

1,093,172 401,339

24.2% 70.0%

31.46 11.55

50,000 1,544,511

50.0% 29.8%

1.44 44.45

0.0% 0.0% 3.0% 0.0% 0.0%

3,424,068 172,003 50,000 3,646,071

75.8% 30.0%

75.8% 30.0%

50.0% 70.2%

98.54 4.95 1.44 104.93

564,231 166,509 203,276 356,106 251,181 1,541,302

10.9% 3.2% 4.5% 3.0% 3.0% 29.7%

2,104,768 225,692

%

POR

YOY

2.9% 0.0% 2.9% 5.00% $ 8.1% $

Year 5

%

POR

140 365 36,792 51,100 72.0% 141.96 102.21

YOY

2.9% 0.0% 2.9% 4.00% $ 7.0% $

Year 6

%

POR

140 365 37,814 51,100 74.0% 147.64 109.25

YOY

2.8% 0.0% 2.8% 4.00% $ 6.9% $

Year 7

%

POR

140 365 37,814 51,100 74.0% 153.54 113.62

YOY

0.0% 0.0% 0.0% 4.00% 4.0%

86.7% 11.4%

136.50 18.00

8.1% 12.3%

5,222,992 663,176

87.2% 11.1%

141.96 18.03

7.0% 3.0%

5,582,798 683,071

87.6% 10.7%

147.64 18.06

6.9% 3.0%

5,806,110 703,563

87.7% 10.6%

153.54 18.61

4.0% 3.0%

1.8% 100.0%

2.88 157.38

3.0% 8.5%

106,090 5,992,258

1.8% 100.0%

2.88 162.87

3.0% 6.4%

109,273 6,375,142

1.7% 100.0%

2.89 168.59

3.0% 6.4%

112,551 6,622,224

1.7% 100.0%

2.98 175.13

3.0% 3.9%

976,521 450,702 51,500 1,478,723

20.0% 70.0%

27.30 12.60

28.39 12.62

1.44 43.62

1,161,222 492,494 56,275 1,709,992

30.71 13.02

50.0% 25.9%

6.9% 3.0% 0.0% 3.0% 5.6%

20.0% 70.0%

1.44 42.45

1,116,560 478,150 54,636 1,649,346

29.53 12.64

50.0% 26.1%

7.0% 3.0% 0.0% 0.0% 5.6%

20.0% 70.0%

1.44 41.34

1,044,598 464,223 53,045 1,561,867

20.0% 70.0%

50.0% 26.3%

-10.7% 12.3% 0.0% 3.0% -4.3%

50.0% 25.8%

1.49 45.22

4.0% 3.0% 0.0% 3.0% 3.7%

80.0% 30.0%

50.0% 74.2%

122.84 5.58 1.49 129.91

4.0% 30.0%

3.0% 6.7%

4,644,888 211,069 56,275 4,912,233

80.0% 30.0%

50.0% 74.1%

118.11 5.42 1.44 124.97

6.9% 30.0%

3.0% 6.7%

4,466,239 204,921 54,636 4,725,796

80.0% 30.0%

50.0% 73.9%

113.57 5.41 1.44 120.42

7.0% 30.0%

3.0% 13.8%

4,178,394 198,953 53,045 4,430,392

80.0% 30.0%

50.0% 73.7%

109.20 5.40 1.44 116.04

14.1% 30.0%

50.0% 70.2%

3,906,084 193,158 51,500 4,150,742

16.24 4.79 5.85 10.25 7.23 44.36

140.6% 0.0% 406.6% 23.1% 0.0% 0.0%

562,947 171,504 219,717 366,789 258,716 1,579,674

10.0% 3.0% 4.5% 3.0% 3.0% 28.1%

15.74 4.79 6.14 10.25 7.23 44.16

-0.2% 3.0% 8.1% 3.0% 3.0% 2.5%

599,226 176,649 287,265 377,793 266,478 1,707,411

10.0% 3.0% 5.5% 3.0% 3.0% 28.5%

16.29 4.80 7.81 10.27 7.24 46.41

6.4% 3.0% 30.7% 3.0% 3.0% 8.1%

637,514 181,949 307,054 389,127 274,472 1,790,116

10.0% 3.0% 5.5% 3.0% 3.0% 28.1%

16.86 4.81 8.12 10.29 7.26 47.34

6.4% 3.0% 6.9% 3.0% 3.0% 4.8%

662,222 187,407 464,489 400,800 282,706 1,997,625

10.0% 3.0% 8.0% 3.0% 3.0% 30.2%

17.51 4.96 12.28 10.60 7.48 52.83

3.9% 3.0% 51.3% 3.0% 3.0% 11.6%

40.5%

60.57

1223.7%

2,571,068

45.7%

71.88

22.2%

2,722,981

45.4%

74.01

5.9%

2,935,681

46.0%

77.63

7.8%

2,914,607

44.0%

77.08

-0.7%

4.0%

6.50

451.4%

225,179

4.0%

6.30

-0.2%

239,690

4.0%

6.51

6.4%

255,006

4.0%

6.74

6.4%

264,889

4.0%

7.01

3.9%

1,879,076

36.2%

54.08

0.0%

2,345,890

41.7%

65.58

24.8%

2,483,291

41.4%

67.50

5.9%

2,680,675

42.0%

70.89

7.9%

2,649,718

40.0%

70.07

-1.2%

126,458 123,928

3.64 3.57 7.21

3.0% 3.0%

126,458 127,646

261,877

3.34 3.58 6.93

126,458 139,482

96.8%

2.0% 0.0% 2.1% 0.0% 4.1%

3.0% 3.0%

257,933

3.44 3.57 7.01

126,458 135,419

98.2%

2.1% 0.0% 2.2% 0.0% 4.3%

3.0% 3.0%

254,104

3.54 3.57 7.10

126,458 131,475

99.7%

2.2% 0.0% 2.3% 0.0% 4.5%

3.0% 3.0%

250,386

2.4% 0.0% 2.4% 0.0% 4.8%

95.4%

265,940

1.9% 0.0% 2.1% 0.0% 4.0%

3.34 3.69 7.03

94.1%

1,628,690

31.4%

46.87

0.0%

2,091,786

37.2%

58.48

28.4%

2,225,357

37.1%

60.48

6.4%

2,418,797

37.9%

63.97

8.7%

2,383,778

36.0%

63.04

-1.4%

0.0%

-

0.0%

168,884

3.0%

4.72

0.0%

239,690

4.0%

6.51

41.9%

255,006

4.0%

6.74

6.4%

264,889

4.0%

7.01

3.9%

31.4%

46.87

0.0%

1,922,902

34.2%

53.76

18.1%

1,985,667

33.1%

53.97

3.3%

2,163,792

33.9%

57.22

9.0%

2,118,889

32.0%

56.03

-2.1%

3.0% 3.9%

UNDISTRIBUTED OPERATING EXPENSE Administrative & General Sales & Marketing Franchise Fees Operation & Maint Utilities TOTAL UNDISTRIBUTED EXP

10.00%

GROSS OPERATING PROFIT Management Fees INCOME BEFORE FIXED CHARGES FIXED CHARGES Lease Payment Property & Other Taxes Insurance Hotel Occupancy Tax Rebate TOTAL FIXED CHARGES NET OPERATING INCOME FF&E Reserve ADJUSTED NET OPERATING INCOME

Approach | Operations

1,628,690

3.0% 3.0%

Future Hangar

±1.7 ac

Future Hangar

Airplane Parking ±1.2 ac

±1.7 ac

Park ±1.25 ac HOTEL ±3.75 ac

© 2019 | HUitt - Zollars

Te r m i n a l

Retention Ponds

Future Retail / F&B ±0.75 ac

±2.0 ac

We s t

NASA

Air

Harr y

Sutton

Road

Future Office ±1.8 ac

Parkway

T e d H u f f R o a d W.

Boulevard

S I T E A N A LY S I S N

Concept | Design

Future Hangar

Covered Pedestrian Walkway to Main Terminal

Service

FBO

Future Hangar

Secured Aircraft Parking / Exhibition

Park

Lobby Porte Cochere

Parking

Service

Retention Pond

Future

We s t

NASA

Parkway

Future Office

Road Sutton Harr y Š 2019 | HUitt - Zollars

T e d H u f f R o a d W.

Amenities

Te r m i n a l

Retention Pond

Hotel

Air

Service

Boulevard

SITE PLAN DIAGRAM N

Concept | Design

Future Hangar

Covered Pedestrian Walkway to Main Terminal

Service

Secured Aircraft Parking / Exhibition

Harr y

Sutton

Road

Retention Pond

154 KeysPorte Cochere T e d H u f f R o a d W.

Amenities

Faux Bridge

HOTEL PARKING

Future Office 22K 3.5/ 1000 sf

250 SPACES

Service Retention Pond

Parking

Future Retail / F&B 7K We s t

NASA

Parkway

Service

Hotel

Park

Lobby

Te r m i n a l

Mtg Space

3.5K

Air

Future Hangar

© 2019 | HUitt - Zollars

FBO

Boulevard

I L L U S T R AT I V E S I T E P L A N N

Concept | Design

Fenestration

Amenities

© 2019 | HUitt - Zollars

Rooftop Viewing

Light / Shadow

Landscape Park Setting

Concept | Design

CONCEPT BOARD

© 2019 | HUitt - Zollars

*

Concept | Design

MASSING

© 2019 | HUitt - Zollars

*

Concept | Design

MASSING

© 2019 | HUitt - Zollars

*

Concept | Design

MASSING

Approach | Project Schedule

Hotel Location Address

Four Points by Sheraton Melbourne, FL

Opened Acres Rooms Meeting Room Space Parking Spaces Franchise Expiration Franchise Application Fee Royalty Marketing Fee Loyalty Program

3.3 acres 140 rooms 8,000 sf

$

75,000 5.50% 4.00% 4.00%

Asking Price Land Land Price Total Development Costs TOTAL COST

Analysis Start Date Hold Period Construction Period Ramp up Period Total Months Capitalized Leverage Interest Rate Amortization IO Period Exit Cap Commissions Total Equity

Building sf footage - 90,000

spaces

$

$ $ $

7 years 24 months 6 months

30 months 65.0% 6.00% 25 years 3 years

Approach | Operations

/room

$ /room 29,538,374 29,538,374 $ 210,988 /room

2/1/2019

$

-

7.25% 2.00% 10,238,374

KEY METRICS Cap on Cost Unleveraged IRR Leveraged IRR EM

5.5% 5% 6% 1.5

Total Marketing Costs

IT, Telephone, Security Equipment Commercial Equipment/Appliances PMS/POS Systems OS&E

SC- Financing Closing & Title Costs Legal - Buyer Legal - Lender Loan Fees Const Loan Interest Total Financing

385,000

$

2,750

$

4.28

$ $ $ $ $

200,000 244,000 268,000 273,000 985,000

$ $ $ $

1,429 1,743 1,914 1,950

$

2.22

$

2.71

$

2.98

$

3.03

PROPOSED COST - PRELIMINARY COST ESTIMATE Four Points by Sheraton LAND AREA GROSS SQUARE FEET GROSS HOTEL/CIRCULATION AREA MEETING SPACE ROOMS PROPOSED

3.3000 90,000 90,000 8,000 140

0.65% 30 months

$ $

65,000 240,000

$ $ $

152,624 1,384,541 1,842,164

$ $ $ $ $ $

$ $ $ $

-1.19%

$

45,984 45,984

$

(280,000) $

464 1,714 1,090 9,890 13,158

328

$

0.72

$

2.67

$

$

-

1.00%

$ $

1,174,029 234,806

$ $

8,386 1,677

$ $ $

187,807 1,316,642 29,538,374

$ $ $

1,341 9,405 210,988

$

140,704 12,857

-

$

218.87

$

20.00

$

961,014

$

6,864

$

10.68

$

23,480,583

$

167,718

$

260.90

SC - Professional Fees 500,000

$

3,571

$

5.56

$

400,000

$

2,857

$

4.44

67,500

$

482

$

0.75

15.38

Appraisals/Feasibility

$

15,000

$

107

$

0.17

As-Built Survey

$

7,500

$

54

$

0.08

20.47

Enviromental

$

4,000

$

29

$

0.04

Soil Test

$

4,000

$

29

$

Survey (ALTA) Total Professional Fees

$ $

4,000 1,002,000

$ $

29 7,157

$

0.04

$

11.13

SC - Pre-Opening Pre-Opening Labor Operating Expenses During Const Pre-Opening Marketing Total Pre-Opening

$ $ $ $

200,000 181,000 100,000 481,000

$ $ $ $

1,429 1,293 714 3,436

$

2.22

$

2.01

$

1.11

$

5.34

SC- Marketing & Leasing Costs Design/Interior Graphics/Displays Signage Project Management Total Marketing Costs

$ $ $ $

92,000 65,000 228,000 385,000

$ $ $ $

657 464 1,629 2,750

$

1.02

$

0.72

$

2.53

$

4.28

$ $ $ $ $

200,000 244,000 268,000 273,000 985,000

$ $ $ $

1,429 1,743 1,914 1,950

$

2.22

$

2.71

$

2.98

$

3.03

$ $

65,000 240,000

464 1,714 1,090 9,890 13,158

0.72

152,624 1,384,541 1,842,164

$ $ $ $ $ $

$

$ $ $

$ $

-

$

$

328

$

$ $

$

-

$

0.51

(3.11)

$

13.04

$

2.61

$

2.09

$ $

14.63 328.20

Architectural /Engineering

IT, Telephone, Security Equipment Commercial Equipment/Appliances PMS/POS Systems OS&E

SC- Financing Closing & Title Costs Legal - Buyer Legal - Lender Loan Fees Const Loan Interest Total Financing

0.65% 30 months

SC-Taxes & Insurance - During Construction Property Taxes During Construction Insurance During Construction Lease Payment During Construction SC - Total Taxes & Insurance SC - Fees Marriott Key Money City Incentive Development Fee Construction Mgmt Fee Franchise Fee & Owner Technical Fee Soft Cost Contingency Total Fees TOTAL COSTS

Approach | Project Management

1,800,000

$

0.00 $

$

0.00% 5.00%

$ 4.09%

Total Hard Costs

19,698,569 1,021,000

-

$

0.00% 5.00%

$ $

Cost per gsf

Cost per room $ -

Franchise Fee

1.70

(2,000) $

-

Permits and Impact Fees

$

$

643 sf/room

$

Furniture, Fixtures & Equipment Contingency

acres

Projected Cost

DEVELOPMENT COSTS Land Price Infastructure Cost Hard Costs Construction Contractor Fee & Overhead Profit

SC-Taxes & Insurance - During Construction Property Taxes During Construction Insurance During Construction Lease Payment During Construction SC - Total Taxes & Insurance SC - Fees Marriott Key Money City Incentive Development Fee Construction Mgmt Fee Franchise Fee & Owner Technical Fee Soft Cost Contingency Total Fees TOTAL COSTS

$

$ $

-1.19%

$

45,984 45,984

(280,000) $

$ $

0.04

2.67 -

$

1.70

$

15.38

$

20.47

$

(2,000) $

0.51

(3.11)

0.00% 5.00% 1.00%

$ $

1,174,029 234,806

$ $

8,386 1,677

$ $ $

187,807 1,316,642 29,538,374

$ $ $

1,341 9,405 210,988

$ $

13.04 2.61

0.00% 5.00%

$

2.09

$ $

14.63 328.20

Hotel Brand - Sheraton Four Points Conference space – 8,000 Rooms - 154 Amenities • Sky lounge – Airfield Views • Pool – Outdoor • FBO Connection - Separate structure • Hangars – From Discussion with Apex FBO • Office buildings – Possible Encore or other partners • Park – By Others Concept | Discussion

Future Hangar

±1.7 ac

Future Hangar

Airplane Parking ±1.2 ac

±1.7 ac

Park ±1.25 ac HOTEL ±3.75 ac

Te r m i n a l

Future Retail / F&B ±0.75 ac

±2.0 ac

We s t

Q&A

NASA

Air

Harr y © 2019 | HUitt - Zollars

Retention Ponds

Boulevard

S I T E A N A LY S I S N

Sutton

Road

Future Office ±1.8 ac

Parkway

T e d H u f f R o a d W.

The Right Team • • • •

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