the interchange of business

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1 the interchange of business

2 project overview PV303 is a master planned business park designed to meet the growing demand for commercial and industrial opportunities in the greater Phoenix area. Located at the confluence of Interstate 10 and Loop 303 in Goodyear, Arizona, PV303 offers a total of 1,600 acres with 20 million-square-feet of office, retail and industrial space. PV303 is ideally situated to serve Arizona and key markets in the western United States such as the Ports of Long Beach, Los Angeles and San Diego, Calfornia; El Paso, Texas and Las Vegas, Nevada.

3 LOOP 303 FREEWAY CAMELBACK ROAD 152 ND AVE aerial/masterplan PEBBLE CREEK PARKWAY Sub-Zero Wolf INDIAN SCHOOL ROAD COTTON LANE CITRUS ROAD THOMAS ROAD McDOWELL ROAD INTERSTATE 10 FREEWAY OFFICE WAREHOUSE/DISTRIBUTION LIGHT INDUSTRIAL FLEX OFFICE/INDUSTRIAL COMMERCIAL

4 CAMELBACK ROAD zoning/phases masterplan LOOP 303 FREEWAY PEBBLE CREEK PARKWAY Sub-Zero Wolf CITRUS ROAD COTTON LANE INDIAN SCHOOL ROAD OFFICE WAREHOUSE/DISTRIBUTION LIGHT INDUSTRIAL FLEX OFFICE/INDUSTRIAL COMMERCIAL THOMAS ROAD The Palm Valley 303 Master Plan is subject to change by approval of the City of Goodyear and Sunbelt Holdings.

5 masterplan CAMELBACK ROAD LOOP 303 FREEWAY PEBBLE CREEK PARKWAY Sub-Zero Wolf CITRUS ROAD COTTON LANE INDIAN SCHOOL ROAD OFFICE WAREHOUSE/DISTRIBUTION LIGHT INDUSTRIAL FLEX OFFICE/INDUSTRIAL COMMERCIAL THOMAS ROAD The Palm Valley 303 Master Plan is subject to change by approval of the City of Goodyear and Sunbelt Holdings.

6 CAMELBACK ROAD Sub-Zero Wolf LOOP 303 FREEWAY foreign trade zone status * Foreign Trade Zones (FTZs) provide special customs procedures to U.S. plants engaged in international trade-related activities. Duty-free treatment is accorded items that are processed in FTZs and then reexported, and duty payment is deferred on items until they are brought out of the FTZ for sale in the U.S. market which helps offset customs advantages available to overseas producers who compete with domestic industry. In Arizona, a Zone that is approved and activated may be re-classified down from 20% tax valuation to 5% valuation resulting in the tax benefit of a 75% reduction. Some of the advantages may include: no time limit on goods stored inside a FTZ merchandise exempted from state and local taxes minimized costs while products wait for shipment quota restrictions waived for items entering FTZs These (approved) activities can be conducted in a zone: assembling, packaging, destroying, storing, cleaning exhibiting, re-packing, distributing, sorting, grading testing, labeling, repairing combining with foreign or domestic content certain types of processing * Final Foreign Trade Zone approvals expected December 2010 INDIAN SCHOOL ROAD COTTON LANE WAREHOUSE/DISTRIBUTION LIGHT INDUSTRIAL COMMERCIAL FOREIGN TRADE ZONE

7 project information Driving Distances: PV303 to Key Western U.S. Markets Categories and Square Footage 63% 9% 7% Office 1,800, % Flex Office 1,400, % Retail 2,800, % 14% Light Industrial 1,400, % Warehouse/Distribution 12,600, % 7% Total Square Feet 20,000, % Actual square footage may vary. Figures represent gross square footage. Source: Rand McNally Road Atlas /MapQuest Key features and amenities include: 20 million square feet: office/retail/industrial space 2 miles of freeway frontage along Loop miles north of Interstate 10 9 miles west of Loop hours from Long Beach, California 4.7 hours from Las Vegas, Nevada 6.5 hours from El Paso, Texas 29 miles from Phoenix Sky Harbor Airport 9 miles from Phoenix Goodyear Airport Minutes from executive and employee housing At final buildout, the 1,600 acre PV303 will be one of the largest business parks in the southwest. Proposed buildings range in size from 10,000 to 1 million square feet. Numerous quality amenities contribute to the overall convenience of PV303 s location; including restaurants, retail operations, championship golf courses, hotels & resorts, local parks, award-winning schools, health care facilities and a variety of housing for executives and employees.

8 TO FLAGSTAFF / I-40 / ALBUQUERQUE TO LAS VEGAS highway network/access TO LOS ANGELES TO PHOENIX / MESA TO TUCSON / EL PASO

9 Westland Dr. Agua Fria River 96th Ave. Lake Pleasant Pkwy. New River Pyramid Peak Pkwy. (67th Ave.) SR 74 51st Ave. 43rd Ave. I-17 Dove Valley Rd. Lone Mountain Rd. loop 303 improvements Lone Mountain Pkwy. Dixileta Dr. N Jomax Pkwy. PHOENIX Happy Valley Pkwy. PEORIA A Mountain View Blvd. Clearview Blvd. Bell Rd. Greenway Rd. US 60 Grand Ave. Cotton Ln. SURPRISE El Mirage Rd. B Lane Widening LEGEND Alignment Study Area TOWN OF BUCKEYE Waddell Rd. Cactus Rd. Peoria Ave. Olive Ave. Northern Pkwy. Northern Ave. Glendale Ave. Bethany Home Rd. Lower Buckeye Rd. Camelback Rd. Indian School Rd. Thomas Rd. McDowell Rd. I-10 Van Buren St. Yuma Rd. Jackrabbit Tr. Perryville Rd. Gila River Sarival Ave. GLENDALE GOODYEAR MC 85 C D Proposed Traffic Interchange Proposed Loop 303 Improvements SR 801 to I-17 A B C D Loop Happy Valley Parkway to I-17 Phase I RTP funding to construct a proposed new four-lane divided roadway to serve as the interim Loop 303 connection to I-17. Loop US 60 (Grand Avenue) to I-17 Phase II* RTP funding to construct a proposed project to complete this section of Loop 303 to a six-lane divided freeway with a freeway to freeway interchange at Loop 303 and I-17. Loop I-10 to US 60 (Grand Avenue) Phase II* RTP funding to construct a proposed new six-lane divided freeway with a freeway-to-freeway interchange at Loop 303 and I-10. Loop 303, SR 801 to I-10 Phase III* RTP funding to construct a proposed new six-lane divided freeway with a system interchange at Loop 303 and SR 801. Regional Transportation Plan Phases Phase I Phase III Phase II Phase IV Corridor alignment currently under study *Project pending outcome of environmental process. Half Interchange

10 LUKE AIR FORCE BASE area amenities/landmarks WESTGATE CITY CENTER ARIZONA CARDINALS STADIUM CITRUS ROAD COTTON LANE LOOP LITCHFIELD ROAD DYSART ROAD GLENDALE AIRPORT GLENDALE CAMELBACK ROAD THE WIGWAM RESORT INDIAN SCHOOL ROAD LITCHFIELD PARK THOMAS ROAD PALM VALLEY BANNER ESTRELLA MEDICAL CENTER McDOWELL ROAD WEST VALLEY HOSPITAL CANCER TREATMENT CENTERS OF AMERICA TOLLESON GOODYEAR AVONDALE PHOENIX-GOODYEAR AIRPORT

11 contact information For Information Contact: SUNBELT HOLDINGS Sean Walters Chief Operating Officer MERIT PARTNERS, INC. Kevin Czerwinski President

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