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1 Capital Markets Net Lease Property Group Net Lease Property Group Atlanta CAPABILITIES OVERVIEW INTERACTIVE BROCHURE << Click to Enter >>

2 meet the team capital markets overview Team Overview Net Lease Property Group Meet the Team Representative Transactions Map Representative Transactions team Overview Chris Bosworth and Will Pike are members of the Net Lease Property Group and founding members of the Corporate Capital Markets practice at CBRE who specialize in transacting single-tenant assets, national net-lease portfolios, corporate sale-leasebacks and zero cash flow transactions. The Net Lease Property Group consists of a team of senior advisors located in major metropolitan areas across the United States who are dedicated to transacting single-tenant assets and net-lease portfolios nationwide. Chris Bosworth and Will Pike lead the eastern region (excluding Florida) of the Net Lease Property Group. Over the last 15 years, Mr. Bosworth and Mr. Pike alone have completed more than 850 transactions valued in excess of $3.25B. The Corporate Capital Markets practice provides advisory and execution expertise for planned and existing assets on behalf of corporate users, developers and owners. The group provides execution proficiency on a full range of real estate and credit-based transaction structures for single-tenant and corporateowned properties in order to ensure that corporate occupiers receive the maximum benefit from the value created by their leasehold and credit. Advising institutions, REITs, developers and corporate users in all facets of net leased investments is our singular focus. We provide our clients unparalleled expertise and focus in the following areas: Single-Tenant Dispositions Sale-Leaseback Transactions Portfolio Advisory and Valuation Due Diligence Management Debt Origination Zero Cash Flow Transactions Lease Structure Advisory Market Research CAPABILITIES OVERVIEW 1

3 meet the team capital markets overview Team Overview Net Lease Property Group Meet the Team Representative Transactions Map Representative Transactions NET LEASE PROPERTY GROUP (NLPG) Atlanta Chicago Dallas Los Angeles Orlando New York San Diego San Francisco The Net Lease Property Group (NLPG) includes senior CBRE investment professionals who specialize in net lease investment sales and have an extensive track-record of successfully selling single-tenant properties in a variety of formats from large portfolios to single-assets. This unique ability separates us from our competitors and enables us to consistently achieve market leading results. The NLPG provides national exposure and a comprehensive marketing infrastructure that helps individual investors achieve maximum value in the disposition of their assets. The platform is centered on getting properties to market faster, going further into the investor and broker universe and driving a higher value. Our platform utilizes a nationally shared database of 80,000 investors and brokers and a state-of-the-art registered website via CBRE Marketplace to market each property. MARKET LEADERSHIP National leader in Net Lease Dispositions National coverage The Net Lease Property Group infrastructure includes: Collaboration and communication across a national network of dominant investment sales professionals Extensive investor, lender, real estate and property sale databases shared among Net Lease Property Group members A proprietary deal tracking system that enables real-time client reporting Cooperation with market leader CBRE Debt & Structured Finance Group to source and execute financing options Valuation Financial Analysis Debt & Equity Sourcing ADVISORY SERVICES NLPG Innovative Marketing Campaigns Property Website Due Diligence Coordination Buyer Qualification TRANSACTION MANAGEMENT NRIG CAPABILITIES OVERVIEW 2

4 meet the team capital markets overview Team Overview Net Lease Property Group Meet the Team Representative Transactions Map Representative Transactions meet the team CHRIS BOSWORTH Executive Vice President As an Executive Vice President, Chris Bosworth leads CBRE s Net Lease Property Group for the Eastern Region and is a founding member of Corporate Capital Markets. In 2001, Chris Bosworth was instrumental in the formation and development of the Net Lease Property Group, the first practice group at CBRE dedicated exclusively to the sale of single-tenant net-leased properties. In 2012, Mr. Bosworth and his partner, Will Pike, were asked to assist in forming Corporate Capital Markets, a practice group dedicated solely to the needs of the Corporate user with a focus on single-tenant assets. Over the last 15 years, the group led by Mr. Bosworth and Mr. Pike has completed more than 850 transactions valued in excess of $3.25 Billion and focuses solely on advising institutions, private equity firms, REITs, developers and corporate users in all facets of single-tenant, net-leased properties. WILL PIKE Senior Vice President Will Pike is a Senior Vice President of the Net Lease Property Group and a founding member of the Corporate Capital Markets practice. Since joining CBRE in 2004, Mr. Pike has been a part of the Net Lease Property Group, the first practice group at CBRE dedicated exclusively to the sale of single-tenant net leased properties. Consisting of a team of senior advisors located across the United States, The Net Lease Property Group is committed to transacting single-tenant assets and national net lease portfolios as well as structuring sale-leasebacks. Mr. Pike and his partner, Chris Bosworth, lead the eastern region (excluding Florida) of the Net Lease Property Group. CAPABILITIES OVERVIEW 3

5 meet the team capital markets overview Team Overview Net Lease Property Group Meet the Team Representative Transactions Map Representative Transactions meet the team BRIAN PFOHL Senior Financial Analyst Brian Pfohl is a Senior Financial Analyst with CBRE s Net Lease Property Group and Corporate Capital Markets practice. As a valued member of the team led by Chris Bosworth and Will Pike, Mr. Pfohl oversees, performs and manages all aspects of the group s property valuation, underwriting, financial analysis, marketing and market research efforts. He is also actively involved in the transaction of the group s acquisition and disposition assignments. Prior to joining the Net Lease Property Group/Corporate Capital Markets team in 2010, Mr. Pfohl was a Production Analyst with the CBRE s Debt & Equity Finance Group and a Research Analyst in the Global Research & Consulting Group. He also previously worked as a Banking Associate at Gwinnett Community Bank specializing in the management of the bank s portfolio of foreclosed real estate assets. Mr. Pfohl earned a Bachelor of Business in Finance from Mercer University. ALINA MALINAUSKAITE Capital Markets Analyst Alina Malinauskaite is a Capital Markets Coordinator with CBRE s Net Lease Property Group. As a valued member of the team led by Chris Bosworth and Will Pike, Ms. Malinauskaite performs and manages all aspects of the group s marketing channels, underwriting, design and market research efforts. She is also actively involved in the transaction of the group s acquisition and disposition assignments and leads the marketing process. Ms. Malinauskaite earned a Bachelor of Business Administration in Marketing and International Business from Emory University s Goizueta Business School. Prior to joining the Net Lease Property Group/Corporate Capital Markets team, Ms. Malinauskaite previously completed communications and graphic design internships at Manheim and the Tennessee Democratic Party. Ms. Malinauskaite is fluent in Russian. DAVID HOU Capital Markets Analyst David Hou is a Capital Markets Coordinator with CBRE s Net Lease Property Group. Mr. Hou performs financial analysis, research, budgeting and underwriting for the Atlanta Net Lease Property Group. He is also actively involved in the transaction of the group s acquisition and disposition assignments. David earned a Bachelor of Science in Business Administration in Finance from Georgia Institute of Technology Scheller College of Business. Prior to joining the Net Lease Property Group/Corporate Capital Markets team, Mr. Hou worked at Suntrust Bank in the Enterprise Execution Services division. Mr. Hou is fluent in Mandarin Chinese. CAPABILITIES OVERVIEW 4

6 meet the team capital markets overview Team Overview Net Lease Property Group Meet the Team Representative Transactions Map Representative Transactions meet the team Debt & Structured Finance BRUCE FRANCIS Vice Chairman Mr. Francis joined Eberhardt Company in the summer of 1997 as part of Eberhardt s acquisition of Kennelly Mortgage & Investment, Inc. where he eventually became a Principal and its President ( ), responsible for originating, packaging and supervising the closing of permanent, construction, and equity financing of commercial real estate. Eberhardt Company was then acquired by L.J. Melody & Company (now CBRE Capital Markets) in Additionally, his extensive finance and real estate experience includes prior activities with Century Bank/Century Bank Realty (Vice President Asset Recovery), Merrill Communications, Inc./Merrill Properties (CFO) and Contempo Construction & Realty Co. (Vice President) BOB YBARRA Senior Production Analyst Bob Ybarra joined the CBRE Capital Markets, Inc. Phoenix operation in September, 1999 with Melody s acquisition of the Eberhardt Company, an established commercial mortgage-banking firm headquartered in Minneapolis, MN. Bob brings more than 11 years of experience in underwriting and closing in excess of $1 billion in debt and equity transactions with various lenders including life insurance companies, investment banks, pension funds, commercial banks and government sponsored enterprises (FNMA & Freddie Mac). For a year Bob was located in Phoenix, underwriting properties in Phoenix and Las Vegas. He is now Vice President of CBRE Capital Markets in Las Vegas, where he is the qualified employee and active mortgage agent. CAPABILITIES OVERVIEW 5

7 meet the team capital markets overview Team Overview Net Lease Property Group Meet the Team Representative Transactions Map Representative Transactions Representative transactions map MORE THAN 820 TRANSACTIONS VALUED IN EXCESS OF $3B WASHINGTON OREGON IDAHO MONTANA WYOMING NORTH DAKOTA SOUTH DAKOTA MINNESOTA WISCONSIN MICHIGAN VERMONT NEW YORK MAINE NEW HAMPSHIRE MASSACHUSETTS RHODE ISLAND CONNECTICUT CALIFORNIA NEVADA UTAH COLORADO NEBRASKA KANSAS IOWA MISSOURI ILLINOIS OHIO INDIANA KENTUCKY WEST VIRGINIA PENNSYLVANIA VIRGINIA DELAWARE MARYLAND NEW JERSEY ARIZONA NEW MEXICO OKLAHOMA ARKANSAS TENNESSEE NORTH CAROLINA SOUTH CAROLINA TEXAS LOUISIANA MISSISSIPPI ALABAMA GEORGIA Atlanta FLORIDA HAWAII MARKETS WITH TRANSACTIONS LEAD BY CBRE S ATLANTA NET LEASE PROPERTY GROUP CAPABILITIES OVERVIEW 6

8 meet the team capital markets overview Team Overview Net Lease Property Group Meet the Team Representative Transactions Map Representative Transactions REPRESeNTATIVE TRANSACTIONS HIGH STREET RETAIL SALES CITIZENS BANK NORTHEAST PORTFOLIO 153 Assets 1.4M SF $226M Northeast California Net Lease Portfolio 15 Assets 1.34M SF $105M California NY Life Retail Portfolio 23 Assets 1.1M SF $105M National Quiksilver at South Beach 8K SF $12,250M South Beach, Florida Charles Schwab 9,187K SF $9M SF Atlanta, GA TCF Net Lease Retail Portfolio 9 Assets 250K SF $65M National Cousins Properties Portfolio 26 Assets 97K SF $42M Southeast The Pantry Sale-Leaseback Portfolio 12 Assets 46K SF $15.5 Southeast 111 Drugstores Sold 1.4M SF $527M 205 Banks Sold 500K SF $515M Captain D s Sale-Leaseback Portfolio 20 Assets 92K SF $13M National Burger King Sale-Leaseback Portfolio 12 Assets 51K SF $13M Midwest Washington DC MSA Bank Branch Portfolio 6 Assets 27K SF $13M Northeast 190 Big Box Sold 6.5M SF $1.2B 106 Restaurants Sold 400K SF $175M CAPABILITIES OVERVIEW 7

9 The Power of CBRE Capital Markets Investment Properties Corporate Capital Markets Debt & Structured Finance The power of cbre capital markets CBRE Capital Markets is the world leader in the acquisition and disposition of income-producing properties for third-party owners and corporate occupiers, and is composed of two seamlessly integrated, complementary groups. Our Debt & Structured Finance professionals offer clients unparalleled assistance with the placement of debt and equity for all major property types and our Investment Properties professionals provide acquisition and disposition services for income-producing properties. Our fully integrated global services platform provides access to a robust suite of capital markets solutions with best-in-class services allowing investors to: Maximize return on investment Meet the unique financing needs of a given project Identify and leverage emerging market trends Expertly evaluate opportunities for all property types Devise and implement creative solutions to execute complex investment strategies CBRE Capital Markets was once again validated by Real Capital Analytics which ranked the Company #1 in both total consideration ($57.38 billion) and total marketshare (17.2%) for full year The success of CBRE professionals is a direct result of our ability to effectively and consistently serve clients by providing: Investment banking capability founded on unparalleled knowledge of real estate fundamentals In-depth capital markets and development expertise Dedicated resources and 100% commitment from senior leadership Knowledge of and relationships with current and emerging buyers Maximum value, best structure and optimum efficiency with minimal disruption to the client Access to global capital through dedicated group leadership Credibility to help investors validate and create winning underwriting and purchasing decisions Well-balanced and compelling marketing campaigns $ Billions $70.0 $60.0 $50.0 $40.0 $30.0 $20.0 $10.0 $0.0 Real Capital Analytics Rankings FULL YEAR 2013 $57.38 Source: Real Capital Analytics $42.77 All Core and Hotel $26.75 $16.19 CBRE Eastdil Secured HFF Jones Lang LaSalle $14.53 Cushman & Wakefield CAPABILITIES OVERVIEW 8

10 The Power of CBRE Capital Markets Investment Properties Corporate Capital Markets Debt & Structured Finance CBRE Investment Properties offers customized investment sales, acquisition and recapitalization services, together with industry leading market intelligence, to provide unmatched exposure to buyers across the country. By utilizing market research, a seamless execution process and in-depth relationships, our professionals can anticipate trends and command capital globally. These unique benefits validate CBRE as the safest and best choice for results in the global investment property capital market. Investment Properties services include: Acquisitions and dispositions Consulting Equity placement Market research Portfolio planning Property marketing Due diligence support Valuations Comprised of more than 400 dedicated sales professionals located in over 50 markets across the United States, CBRE Investment Properties is the world leader in the acquisition and disposition of income-producing properties for third-party owners and corporate occupiers, with clients that include: Domestic and foreign-based real estate investors Opportunity funds Owner/developers REITs Entities with tax-sensitive exit strategies The extensive market knowledge and transaction expertise applied by Investment Properties, both to the middle and private capital markets, maximizes value for our clients and strengthens our role as the world leader in real estate investments. INVESTMENT PROPERTIES ACTIVITY 2013FY Property Sales Activity 2,573 TRANSACTIONS 2,573 Transactions Full Year % 26.66% Housing Industrial Land Lodging/Hospitality Miscellaneous 18.69% 13.25% Office Retail 0.70% 6.53% 9.76% Source: CBRE Capital Markets INVESTMENT PROPERTIES ACTIVITY u.s. Property $39.33B Sales ACTIVITY FULL YEAR $39.33B 2013 FULL YEAR % 33.50% Housing Industrial Land Lodging/Hospitality 28.59% Miscellaneous Office Retail 0.23% 15.21% 6.57% 3.38% Source: CBRE Capital Markets CAPABILITIES OVERVIEW 9

11 The Power of CBRE Capital Markets Investment Properties Corporate Capital Markets Debt & Structured Finance CORPORATE CAPITAL MARKETS CBRE s Corporate Capital Markets practice provides advice, qualitative and quantitative analysis, and exceptional execution capabilities for alternative capital solutions for corporately owned and occupied real estate. Corporate Capital Markets diverse real estate knowledge is combined with deep expertise in finance, accounting, economics and tax, as well as underwriting of both real estate-based and credit-based transaction structures. By melding these skill sets, we create highly advanced execution strategies for our corporate clients. Investors and occupiers of commercial real estate have similar capital markets needs. However, as real estate is not the core business of most corporate occupiers, the various capital markets opportunities available to them often remain unknown or untapped. CBRE s Corporate Capital Markets practice is designed to look critically at all capital markets solutions and ultimately uncover value for commercial real estate occupiers in the same way CBRE serves its investor clients. By leveraging collaboration between CBRE s Capital Markets and various occupier practices and focusing on the specific needs of our clients, we ensure corporate occupiers receive the maximum benefit from the value created by their leasehold and credit. CORPORATE CAPITAL MARKETS SERVICE OFFERINGS Sale-Leasebacks Purchase-Leasebacks Synthetic Leases Single-Tenant Net Lease Sales Credit Tenant Lease Financing Real Estate Mortgage Financing Build-to-Suit Financing Surplus Asset Re-Positioning and Sales Economic Development Finance Large Lease Advisory Ground Leases CAPABILITIES OVERVIEW 10

12 The Power of CBRE Capital Markets Investment Properties Corporate Capital Markets Debt & Structured Finance Sale-Leasebacks Corporate occupiers are increasingly utilizing the sale/leaseback vehicle to monetize 100% of an owned property s value while securing long-term occupancy and control of the property. Other companies use Sale-Leasebacks as a way to manage a future exit from a property under better economics. CBRE is the nation s leading sale/leaseback advisor, having successfully closed more than $16 billion in sale/leaseback transactions since Purchase-Leasebacks We advise and assist corporations with purchase/leaseback transactions, in which the corporation exercises a right to purchase an asset in order to capture gains created by re-selling it, subject to a long-term net lease. Synthetic Leases Our Corporate Capital Markets professionals work with corporate occupiers to realize the benefits associated with a synthetic lease: operating lease treatment, very low occupancy costs, ownership tax benefits, 100% financing and purchase rights. Single-Tenant Net Lease Sales Specializing in the sale, purchase and recapitalization of single-tenant net leased properties throughout the U.S., CBRE has closed more than $45 billion in singletenant sales since 2003 and is consistently ranked #1 in the industry for these transactions. Our goal is to provide unparalleled speed-to-market and exposure for all of our listings, resulting in the highest pricing and surety of close for our clients properties. Credit Tenant Lease Financing Credit tenant lease financing has become one of the most liquid and aggressive forms of asset monetization. We help corporations effectively structure and place this valuable source of capital. Real Estate Mortgage Financing Specializing in structuring, sourcing and negotiating large real estate financings, our professionals have extensive experience in arranging debt that can be critical to closing valuable transactions for corporations. Build-to-Suit Financing Corporate Capital Markets offers a range of services to help corporate and developer clients finance build-to-suit projects. For corporate clients, we offer advice and expertise to structure and secure a wide range of capital solutions for ownership or lease. Additionally, we help developers win and successfully complete build-to-suit projects under a variety of capital solutions for both investment-grade and non-investment-grade tenants. Surplus Asset Repositioning and Sales Changes in the business environment, primarily advances in technology, can result in excess inventory, capital goods or real estate. By focusing on capital strategies and solutions, our professionals assist corporations in maximizing the value associated with under-performing assets. w Economic Development Financing Conduit economic development transactions offer a new form of real estate economic incentive to corporations who can potentially bring new employment to a state or city. We work with corporate occupiers to realize the benefits associated with this type of transaction, including below-market rent costs, reduced operating expenses and purchase rights. Large Lease Advisory Our professionals have expertise assisting teams representing corporate clients on large lease transactions where the corporate occupier is in all or a significant portion of a property. Our knowledge of capital formations on these types of properties helps define appropriate strategies for renewal discussions. It also allows for the exploration of opportunities to pursue alternative capital structures that could be applied to the current building or alternative properties. Ground Leases Ground lease transactions typically involve the sale of the land under a building (fee estate) or the sale of a building situated on leased land (leasehold estate), a common situation at marine ports, airports, and medical and university campuses. More recently, the splitting of a property into two separate estates (property bifurcation) has grown in popularity as a new ground lease option. CBRE has unparalleled experience in structuring, underwriting and selling ground leases, including fee estate, leasehold estate and property bifurcation. CAPABILITIES OVERVIEW 11

13 The Power of CBRE Capital Markets Investment Properties Corporate Capital Markets Debt & Structured Finance corporate capital markets Locations Steven Buss Minneapolis, MN Expertise Sale-Leasebacks Credit Tenant Leases Single-tenant Investment Sales Build-to-Suits Repositioning of Corporate Real Estate Robert Brennan/Andrew Sandquist Chicago, IL Expertise Corporate Capital Advisory Sale-Leasebacks Single-tenant Investment Sales Credit Tenant Leases Non-rated Credits Sub-investment Grade Credits Private Equity M&A Sponsors Jeff Shell/Amie Sweeney/Anne Rahm Grosse Pointe, MI Expertise Corporate Capital Advisory Sale-Leasebacks Single-tenant Investment Sales CTLs and other Credit-based Financing BTS Capital Advisory Corporate BTS Capital Advisory Developer Large Lease Advisory Advisory for GAAP, tax, regulatory and other objectives Brian Scott New York, NY Expertise Sale-Leasebacks Expertise Sterling Champ Los Angeles, CA Spencer Levy Baltimore, MD Executive Managing Director Single-tenant Investment Sales Sale-Leasebacks Office, Industrial, Retail, Government Properties, Hotels Zero Cash Flow Randy Pereira Phoenix, AZ Expertise Tax-Exempt Conduit Leasing with Higher Ed, Healthcare & Government Clients Economic Development Finance Synthetic Leases Rating Agency impacts of corporate real estate transactions GAAP accounting impacts of corporate real estate transactions Sale-Leasebacks Renewable energy (solar, wind) project finance Greg Greene Dallas, TX Expertise Real Estate Mortgage Debt Financing Credit Based Debt Financing Chris Bosworth/Will Pike Atlanta, GA Expertise Single-Tenant Sales Build-to-Suits Repositioning of Corporate Real Estate Private Equity M&A Sponsors Corporate Capital Advisory Sale-Leasebacks Zero Cash Flow CAPABILITIES OVERVIEW 12

14 WITH PHONE NUMBERS & ONLY ORG CHART WITH The Power of CBRE Capital Markets Investment Properties Corporate Capital Markets Debt & Structured Finance CORPORATE CAPITAL MARKETS 4 CORPORATE CAPITAL MARKETS CORPORATE CAPITAL MARKETS LEADERSHIP AMERICAS ASIA PACIFIC EMEA Spencer Levy Executive Managing Director spencer.levy@cbre.com Whitley Collins Executive Managing Director whitley.collins@cbre.com Darcy Mackay Executive Managing Director darcy.mackay@cbre.com Art Schultz Managing Director art.schultz@cbre.com Richard Butler Senior Managing Director International Investments richard.butler@cbre.com.au Josh Cullen National Director Institutional Investments josh.cullen@cbre.com.au Greg Penn Managing Director Capital Markets greg.penn@cbre.com.hk Nick Crockett Executive Director Capital Advisors nick.crockett@cbre.com.sg John Wilson Executive Director Global Corporate Services john.wilson@cbre.com Nick Compton Executive Director Corporate Strategies nick.compton@cbre.com CORPORATE CAPITAL MARKETS GROUP Chris Bosworth Executive Vice President chris.bosworth@cbre.com Steve Buss Executive Vice President steven.buss@cbre.com Greg Greene Senior Vice President greg.greene@cbre.com Will Pike Senior Vice President will.pike@cbre.com Andrew Sandquist Senior Vice President andrew.sandquist@cbre.com Jeff Shell Executive Vice President jeffrey.shell@cbre.com Robert Brennan Senior Vice President robert.brennan@cbre.com Sterling Champ Executive Vice President sterling.champ@cbre.com Randy Pereira Senior Vice President randy.pereira@cbre.com Anne Rahm Vice President anne.rahm@cbre.com Brian Scott Senior Managing Director brian.scott@cbre.com Amie Sweeney Vice President amie.sweeney@cbre.com CAPABILITIES OVERVIEW 13

15 The Power of CBRE Capital Markets Investment Properties Corporate Capital Markets Debt & Structured Finance Institutional properties Comprised of more than 80 professionals located in every major market across the United States, CBRE s Institutional Properties professionals are linked to their peers in gateway cities throughout the world and provide investment and advisory services to sophisticated institutional capital. These professionals operate within a unique network of information channels targeted at capital exploration and placement resulting in unmatched expertise in: Recapitalization strategies including equity sales, debt placements and hybrid structures Investment valuations of both existing assets and assets to be acquired Market research and underwriting/due diligence support Billions Institutional properties Book of business Institutional Properties Book of Business $40 $35 $30 $25 $20 $15 $10 $5 $0 Source: CBRE Capital Markets Total Consideration # of Transactions # of Transactions Institutional Properties ability to fulfill all requirements, including 1031 exchanges, results in enhanced buyer demand yielding optimum pricing. Our finance specialists create customized debt and structured finance solutions ranging from gap, mezzanine or equity to senior and subordinate debt. This integration of lending capabilities, along with unparalleled speed to market via highly customized and effective marketing campaigns, exceeds the diverse needs of today s buyers and heightens the probability of close. The extensive knowledge of capital flows and transaction expertise retained by Institutional Properties professionals are equally effective on single asset, local market assignment and sophisticated, multi-location portfolio. The team s excellence in service delivery, coupled with a 2013 institutional transaction volume of $34 billion, solidifies Institutional Properties as the global leader in institutional investment real estate. Weeks institutional properties closing trends INSTITUTIONAL PROPERTIES CLOSING TRENDS (FULL YEAR) 2006 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q4 Avg. Marketing Avg. Best & Final Avg. Due Diligence Trailing 4 Quarters Time on Market Source: CBRE Capital Markets CAPABILITIES OVERVIEW 14

16 Cbre global PLATFORM contact info Global Advantage CBRE 2013 Business Activity Proven Platform Corporate Overview Global advantage The international presence of CBRE is undeniable. As a result of technology-supported information sharing, and dedicated global leadership, clients have access to global capital and intelligence through CBRE s international offices. In 2013, this collaboration resulted in significant global activity with a total value of $223.2 billion, representing 54,225 lease transactions valued at $83.1 billion and 18,550 property sales transactions valued at $140.1 billion. global recognition Only commercial real estate services company in the Fortune 500 #1 real estate brand Highest ranked real estate services and investment company #1 brand for 13 consecutive years #4 outsourcing company across all industries; #1 among real estate services firms for four consecutive years Global Real Estate Advisor of the Year for the 6th time and 2nd consecutive year Best Property Consultancy Asia Pacific Only commercial real estate services firm included on the Forbes Global 2000 #1 for Corporate Responsibility U.S. Green Building Council Leadership Excellence Award U.S. EPA 2013 ENERGY STAR Sustained Excellence Award (6 consecutive years of Partner of the Year status) All marks displayed on this document are the property of their respective owners. CAPABILITIES OVERVIEW 15

17 Cbre global PLATFORM contact info Global Advantage CBRE 2013 Business Activity Proven Platform Corporate Overview CBRE 2013 business activity CBRE BUSINESS ACTIVITY statistics Full Year 2013 Worldwide Americas Asia-Pacific EMEA Offices Employees 44, , , , Countries Total Transaction Value $223.2B $133.8B $33.3B $56.1B Property Sales (# of transactions) 18,550 7,150 9,475 1,925 Property Sales (transaction value) $140.1B $72.6B $27.1B $40.4B Property Leasing (# of transactions) 54,225 38,375 10,325 5,525 Property Leasing (transaction value) $83.1B $61.2B $6.2B $15.7B Property & Corporate Facilities Under Management 3.5 BSF BSF BSF BSF 25 Loan Originations $26.9B 5 $26.4B 13 N/A $0.5B 26 Loan Servicing $133.9B 6 $111.5B 14 N/A $22.4B Investment Assets Under Management $89.1B $16.0B $7.8B $48.0B Development in Process $4.9B 7 $4.9B 15 N/A N/A Valuation & Advisory Assignments 132,300 48,750 16,925 66,625 Project Management Contract Value $28.9B 8 $17.0B 16 $5.4B 21 $6.5B 27 1 Excludes 100 affiliate offices; 2 excludes approximately 4,325 affiliate employees; 3 excludes 20 countries covered though affiliate offices; 4 includes 0.26 billion square feet managed by affiliate offices; 5 includes loan sale advisory; 6includes loans serviced by GEMSA, a joint venture between CBRE Capital Markets and GE Capital Real Estate; 7 includes $0.9 billion of Long-Term Operating Assets (projects that have achieved a stabilized level of occupancy or have been held months following shell completion or acquisition); 8 includes $17.6 billion of projects that were in process as of December 31, 2013; 9 excludes 36 affiliate offices; 10 excludes approximately 1,175 affiliate employees; 11 excludes three countries covered by affiliate offices; 12 includes 0.12 billion square feet managed by affiliate offices; 13 includes loan sale advisory; 14 reflects loans serviced by GEMSA, a joint venture between CBRE Capital Markets and GE Capital Real Estate; 15 includes $0.9 billion of Long-Term Operating Assets (projects that have achieved a stabilized level of occupancy or have been held months following shell completion or acquisition); 16 includes $9.4 billion of projects that were in process as of December 31, 2013; 17 excludes 11 affiliate offices; 18 excludes approximately 1,750 affiliate employees; 19 excludes four countries covered by affiliate offices; 20 excludes 0.07 billion square feet managed by affiliate offices; 21 includes $3.9 billion of projects that were in process as of December 31, 2013; 22 excludes 53 affiliate offices; 23 excludes approximately 1,400 affiliate employees; 24 excludes 13 countries covered through affiliate offices; 25 excludes 0.07 billion square feet managed by affiliate offices; 26 includes loan sale advisory; 27 includes $4.3 billion of projects that were in process as of December 31, 2013 CAPABILITIES OVERVIEW 16

18 Cbre global PLATFORM contact info Global Advantage CBRE 2013 Business Activity Proven Platform Corporate Overview Proven platform The constant dialogue Capital Markets professionals have with real estate investors provides our clients with the most up-to-date intelligence on prospective buyers. CBRE s ability to coordinate all business lines, effectively utilize both international and local expertise, and openly share relationships and information ensures that even the most complicated assignment will be successfully executed. The Capital Markets platform leverages these resources, allowing our professionals to be as effective on a single-asset, local-market assignment as on a sophisticated, multi-location portfolio. This highly efficient network lends itself to unparalleled service delivery and solidifies CBRE as the global leader in institutional investment real estate. cbre capital markets clients Clients benefit from the following: A global platform that has been refined over three decades, 349 offices around the world A core philosophy of teaming to win, ensuring that the strengths of the entire company are applied to each client s needs A technology platform that enables transparent, but protected, access to all information pertinent to clients and opportunities Top in-house talent to provide expertise in investment sales, asset services, consulting, valuation, and debt/equity finance An unmatched network of professionals to ensure the best and most qualified team is assembled for each client and assignment CBRE was awarded a national contract to advise the Federal Deposit Insurance Corporation on the valuation, management and disposition of REO assets for failed banks throughout the United States, Puerto Rico and the US Virgin Islands. The portfolios were comprised of assets held by the FDIC in its capacity as receiver for failed financial institutions. All marks displayed on this document are the property of their respective owners. CAPABILITIES OVERVIEW 17

19 Cbre global PLATFORM contact info Global Advantage CBRE 2013 Business Activity Proven Platform Corporate Overview corporate overview CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Whether it is a local, national or global assignment, CBRE applies insight, experience, intelligence and resources to help clients make informed real estate decisions. The many strengths that CBRE brings to each transaction include: An intimate knowledge of virtually every major market in the world Intellectual capital and technology resources that develop and deliver superior analytical, research and client service tools to its professionals A proven track record of meeting diverse client needs Leadership positions in all service lines An organizational structure that harnesses the firm s collective expertise cbre timeline History s and 1980 s 1990 s 2000 s CBRE Today Founded in San Francisco Company expands both its service portfolio and geographic coverage to become a full-service provider with a growing presence in all major U.S. markets National accounts program is established CBRE Global Investors is formed as the company s investment management subsidiary Torto Wheaton Research is acquired later becomes known as CBRE Econometric Advisors (CBRE-EA) First global outsourcing client is secured; company moves aggressively to accelerate growth and cultivate global capabilities to meet client demands L.J. Melody & Company is acquired later becomes known as CBRE s Debt & Structured Finance Acquires leading firms to increase service offerings and becomes first real estate services firm with a platform to deliver global real estate services 2003: CBRE becomes the largest commercial real estate services leader 2004: Firm completes initial public offering and begins trading its Class A Common Stock on the New York Stock Exchange 2005: Recognized as Fortune 1000 Company, the only commercial real estate firm on the distinguished list 2006: CBRE merges with Trammell Crow Company to create a real estate services firm with unprecedented scale, scope and service offerings 2007: Company pledges to become carbonneutral making CBRE the first commercial real estate services company to announce such a goal 2008: Firm becomes first real estate services company ever included among the Fortune : CBRE becomes the first global real estate services company to achieve carbon neutrality CBRE acquires ING s investment management business in Europe and Asia 2012: Wall Street Journal cites CBRE as the best real estate brand 2013: CBRE acquires Norland Managed Services Ltd, the leading provider of building technical engineering services in the U.K. and Ireland 2014: CBRE voted Fortune s most admired real estate services company for fourth consecutive year CBRE now possesses the most comprehensive service offering, broadest geographic reach, sharpest market intelligence and brightest talent in the industry CAPABILITIES OVERVIEW 18

20 Capital Markets Net Lease Property Group Chris Bosworth Executive Vice President Brian Pfohl Senior Financial Analyst Will Pike Senior Vice President Alina Malinauskaite Capital Markets Analyst David Hou Capital Markets Analyst Debt & StrUCtured FinaNCe Bruce Francis Vice Chairman Bob Ybarra Senior Production Analyst INTERACTIVE BROCHURE << Click to Return Home >> 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.