News & Updates. In The News. Property Management. From The President

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2 News & Updates From The President We are proud to announce that Beck Property Company, Inc has been selected by Sandspur Development, LLC., an affiliate of Innisfree Hotels, as exclusive agent for Airport & 12th, a $24 million mixed use development at the entrance of Pensacola Gulf Coast Regional Airport. The center piece will be a 126 room Hyatt Place. Office, retail and restaurant sites are available. Please visit our website or for more info. In The Spotlight Taylor Stone is our newest associate joining the Beck Property team in May Taylor is a third generation Pensacolian. He loves the area and chose to come back to his home town. He earned a Bachelor s Degree from the prestigious, nationally-ranked Real Estate program at Florida State University s College of Business. Taylor interned with Beck Property Company prior to graduation and has been mentored by and has gained knowledge from some of the area s leading commercial real estate brokers. Taylor is a member of the Pensacola Association of Realtors, the National Association of Realtors, the International Council of Shopping Centers, and Pensacola Young Professionals. He is quick to develop rapport, enjoys working with people, and is eager to make deals happen. In The News H Congratulations to Paul Salter who recently received the prestigious designation of CCIM, Certified Commercial Investment Member. H Justin Beck in the last month leased two spaces in the Shops of East Hill. Most recently Kevin Hoffman helped lease space on Gregory Street and Paul Salter and Adrian Hammond both facilitated the sale of two parcels of land. H David Valletto and Gregg Beck recently closed the deal on the purchase of acreage and storage buildings to the City of Pensacola back in August. H Beck Property Company, for the second year in a row, was recently named the Best Commercial Real Estate Agency of 2010 in the Best of the Coast 2010 Independent News publication. H Beck Property Company s website is getting a makeover! Very soon you will be able to view our listings and get company information faster and easier than ever. Add to your favorites and sign up for our newsletter. Property Management Justin A. Beck, CCIM President Beck Property Company Beck Property welcomes a new employee and a new company, Beck Facility Management, LLC. Buddy Morel is our superintendent and handles all of the maintenance related work for our managed properties. He specializes in HVAC, electrical and plumbing work, pools and spas and general carpentry. 2

3 Featured Properties EAST HILL OFFICE Newly renovated space for a business in popular East Hill. 9,604 square feet improved with an elevator, reception area/showroom, two large heated and cooled areas on the first floor and the upstairs is equipped for offices. Excellent visibility from 12th Avenue and plenty of parking. Surrounded by various commercial and residential properties. For lease at $11.25 per square foot. Owner will agree to divide property and lease 2,000 of the total square feet for $11.00 per square foot. Property is also for sale. O-4933 SHAMROCK STORAGE SELF STORAGE FACILITY 474-unit climate controlled self storage facility located just north of the intersection of Hwy 98 and Fairfield Drive. The property consists of 68,085 square feet with 51,155 SF of rentable square footage. Excellent investment opportunity! Detailed financials, management reports and pricing available upon request. I FANTASTIC RETAIL SITE IN SANTA ROSA COUNTY Excellent visibility and access from both Hwy 90 and Watkins Road. Located at lighted intersection along strip of core retailers including Target, TJ Maxx, Publix, Verizon and Chili s. This space is easily divisible up to three units and can accommodate two drive-throughs. Amazing signage directly on the corner. Landlord will remove island canopies and fueling station for the right tenant allowing even greater visibility and increased parking. 4,140 SF for lease at $17.50/SF. O-5094 PENSACOLA BEACH MARINA Pensacola Beach Boulevard, just south of Bob Sikes Bridge Toll Booth. Levels two and three for lease. Level two is 3,853 SF and a former grocery store and deli. Includes retail display area with coolers and equipment that remain. Level three is 4,502 SF and a former full service restaurant and bar. Tables, chairs, kitchen and bar equipment on site with a seating capacity of 125. Both units have an elevator. $15-$16 per square foot. O

4 Commercial FOR LEASE EAST HEIGHTS PLAZA STRIP CENTER High visibility center in retail/food service corridor. Multiple units available at 1,260 each with open floor plans. Center is located across from Georgio s Pizza on Cervantes St. Property is managed by Beck Property Company. For lease $14/SF/unit. O REPAIR/MAINTENANCE LOCATION Former location for rental car companies. Three lifts in place. Almost 1 acre completely fenced. Warehouse has gas space heater. Center eave is South of Langley at 9th and Tippin intersection. 3,000 square feet at $18/SF. O-5076 DOWNTOWN PROFESSIONAL OFFICE SUITE Excellent visibility on Garden St. Reception area, three private offices, conference room, restroom and break area. Private parking lot. Lease rate includes water and landscaping. Suite B available for $1,200 per month. Neighboring suite occupied by Sprint Cellular Business Office. O th AVENUE PROFESSIONAL SUITE 1,500 square feet for lease sharing a common waiting area and hallway with Performance Prosthetics and Orthotics. Located among other insurance, medical and engineering offices. Access to each suite from the parking lot in the rear of building. $1,400 a month. O-4989 TWO TENANT RETAIL SITE DAVIS HWY Floor plan includes 600 SF of open retail space and 600 SF of back office/storage area. Excellent ingress/egress from Davis Hwy with ample parking. Suite B is occupied by a bagel shop. Just south of Burgess Rd. next door to Whataburger. O-5077 MID POINTE PLAZA FOLEY, AL Upscale office/retail development centrally located between Gulf Shores and Foley. Open floor plan, great signage on suite exterior and marquee. Plenty of parking. Water and garbage provided in lease rate. Two miles south of Tanger Outlets. 1,500 SF at $1,000 per month. O-5052 BAYOU CORPORATE CENTER Full service lease. Landlord will provide renovations for qualified tenant. Wonderfully located near Cordova Mall, Sacred Heart, the airport and across from Target. Two suites available from 1,356 SF to 2,430 SF. Managed by Beck Property Co. O SUMMERDALE PROFESSIONAL OFFICE COMPLEX Upscale development. Great location for medical facility. Set up with offices, exam rooms, reception area/ nurses station and two waiting rooms. Growing area in Pace. 2,125 and 2,604 SF spaces available. O-4846 CREIGHTON RD COMMERCIAL Great exposure for any retail and/or office user wanting high visibility on a main road. Fully heated and cooled. Located between Davis Hwy and 9th Ave. 4,150 square feet for lease at $2,900 per month. O TH AVENUE SHOWROOM/OFFICE Excellent quality space downtown with large warehouse. 9,160 square feet available for lease with numerous dock high doors and rail access. Will consider any space and build out requirements. $2,480 per month. O-4895 GREGORY STREET RETAIL High visbility location at the corner of Gregory St. and N. 10th Ave. Modern brick construction built in Pass-throughs include taxes, insurance and outside maintenance. 3,986 square feet at $15/SF. O-4756 RETAIL SPACE IN WAL-MART CENTER Great space with great visibility in Marianna, FL just off I-10 Exit. Other tenants include Dollar Tree, Radio Shack and Supercuts. 1,953 square feet for lease at $17 per square foot. Managed by Beck Property Co. O FIVE POINTS PROFESSIONAL PARK Great 9 MILE RD STRIP CENTER location for medical, professional, real estate, insurance New center anchored by Beef O Brady s, State Farm, or accounting office. Can be built out to suit tenant. and a Chiropractic Firm. Just east of Pine Forest Rd. Other side will be occupied by Select Medical Group. 1,435 square feet for lease at $1,674 per month. Located amongst other professional and medical Managed by Beck Property Co. O offices just east of Five Points Intersection. 1,512 SF for $10.75 a month. 3,025 SF also available. O Log on to to view complete inventory of current properties HERMAN STREET COMMERCIAL YARD Two office buildings included on 1.5 acres completely fenced and secure. Great for trucking operation or business needing lay down yard for storage. North on Fairfield. Left on Herman St. 2,800 SF for $2,500 a month. O-5084

5 Commercial FOR LEASE BRENT CENTER COMMERCIAL Building entirely renovated in Highest quality construction in great location with easy access. Warehouse and industrial spaces with lay down yard. Just east of Hwy 29. 4,400 square feet to 24,000 square feet available at $3-$10 per square foot. Managed by Beck Property Co. O RENOVATED DOWNTOWN OFFICE Completely renovated in 2007 with three private offices, waiting room and common restrooms. Located behind popular hair salon on Garden Street. Space could be divided for suitable tenant. 1,200 SF for $1,200 per month. O-4605 NEW OFFICE/WAREHOUSE COMPLEX Centrally located facility on Holsberry Lane, just north of 9 Mile Road. 300 SF office and 1,200 SF warehouse with 10 x12 roll up door. Landlord pays water, sewer, common landscaping and dumpster. $750 per month. O-5072 CENTRAL HWY 90 OFFICE SPACE in Milton. Great location for a daycare or other similar facility. Centrally located with plenty of square footage. Take Avalon Blvd into Milton, pass the traffic signal at Parkmore and building will be on your left. 5,550 square feet for lease at $7.99 per SF. O-4930 CORPORATE WOODS UPSCALE OFFICE 11+ acre campus of Corporate Woods. Close to Sacred Heart Hospital, Cordova Mall, Pensacola State College, and the Pensacola Regional Airport. Ample parking. Spaces for lease ranging from 1,737 SF to 7,294 SF at $14 per square foot. O-5041 MADISON PARK PROFESSIONAL This 4,382 square foot space is two-story with 14 private offices, conference, lounge, ample storage and three restrooms. Ideal for an attorney s office, CPA, insurance agent, financial advisor, etc. Located at the corner of Bayou Blvd and 12th Ave. $4,655 a month. O-4708 PROFESSIONAL OFFICE SUITE on Creighton Road. Upstairs unit consisting of 1,250 square feet with four private offices, two restrooms, reception and break areas. Additional 1,250 available to accommodate 2,500 SF user. Located between University Mall and Walmart. Water and sewer included in lease rate. $925 per month. O-5118 HINSON OFFICE COMPLEX on Dixie Drive. 1,000-1,200 SF available at $7.50 to $8.40 per SF. Private offices and reception areas. Totally heated and cooled. Tenant pays $75 a month for water and garbage. South on Rawson across from Pensacola Christian College. Turn right and second corner on left. O-4793 FOREST OAKS PLAZA ON DAVIS HWY Multiple units available and currently under renovation. Located just south of Brent Lane. Units range from 1,500 to 21,000 square feet and $6.50 to $10 per square foot. Also managed by Beck Property Co. O TWIN OAKS COMMERCIAL Great office space near NAS across from Navy Federal. Excellent floor plan with 6 large offices and 6 adjoining smaller offices. Two open areas for multi-use. Alarm system. Behind Pete Moore Chevrolet. 3,000 square feet for lease at $2,500 per month. O-4785 DESIRABLE AIRPORT BLVD OFFICE 3,272 SF medical/dental office located in a quiet, wooded setting just off of busy Airport Blvd. Includes two bathrooms, reception, multiple offices and executive suites upstairs. Signage available on street and building. For lease $14/SF. O-5121 VAN PELT WAREHOUSES RARE FIND 1,000 and 2,000 square foot warehouses complete with bathroom, alarm system, heated and cooled office and roll up door. 1,000 SF is $500/mo. and 2,000 SF is $1,000/mo. Great for additional boat, car or personal storage. O-3958 MASSACHUSETTS AVE RETAIL/OFFICE Located on the corner of W Street and Massachusetts. Arched walkways and crown molding throughout. Includes four offices, large showroom, common restrooms and kitchen. Equipped with CAT 5 wiring and security system. 4,000 SF for $2,500 a month. Property is also for sale. O-4575 EMERALD PLAZA-GULF BREEZE PKWY CAROLINE ST GATEWAY SHOPPING 1,500 square foot functional floor plan with open CENTER Great building located in the heart of area, storage and kitchen. Good access and parking. Milton. Other tenants include Family Dollar, O Reilly Kitchen equipment may be purchased from current Auto Parts and United Way. Multiple units available tenant. Additional 200 SF adjacent office available as from 2,680 to 4,431 square feet. For lease at $6.75 to well. $10.50 per square foot. O-4391 $7 per square foot. O-4489 Brokerage I Leasing I Management I Investment I Development I Corporate Services 5

6 Office, Retail, Warehouse & Commercial FOR SALE AVALON BLVD COMMERCIAL Business relocating. New construction on Avalon Blvd with plenty of access throughout Santa Rosa County. Office and warehouse on property ideal for heating and air, plumbing, roofing, contractor, etc. 6,880 square feet for sale for $365,000. I-4988 PACE BLVD WAREHOUSE/SHOWRM 4,000 SF warehouse with 10 roll up door and fenced backyard. Retail showroom has glass storefront and there is 1,100 SF of office space. Located just north of Town and Country Mall on Pace Blvd. Property is for sale for $295,000 and is also for lease. I-4517 MILTON OFFICE / WAREHOUSE COMBO Great access to I-10 and SR-87. Ideal location for flex business and/or electrical business. Roll up door in rear of building and fenced yard. 1,480 square feet for sale $149,000. I-4877 W STREET COMMERCIAL 1.3 +/- acre site improved with 2,400 SF of office space and a 7,120 SF warehouse. Warehouse has roll up doors, dock-high loading and 3 phase power. Carrier 40K generator may convey. For sale $595,000. I-4957 PENSACOLA SILVER SCREEN Multi-tenant retail/office center and movie theater with numerous tenants. Excellent time to buy before redevelopment of University Mall. Over 22,000 SF available for sale for $1,490,000. Several units for lease at $9.00 to $9.90 per SF as well. I HERMAN ST. WAREHOUSE Great buy! 5,100 SF warehouse space with 3,000 SF high canopy with 10 lift. Large yard access and lay down space. Heavy electrical for fabricating. Central location. Subject to bank approval. For sale $199,000. I-4839 FREESTANDING RETAIL W. FAIR- FIELD Currently occupied by Koala Mattress. Floor plan consists of a 4,200 square foot showroom and a 9,800 SF attached warehouse with two roll up doors. Additional 1,000 SF leased to a cabinet shop at $800 per month. Business relocating. For sale $749,000. I-4942 NINTH AVENUE 1ST CLASS OFFICE Recently remodeled interior with excellent visibility on Ninth Avenue. Concrete construction. 7,040 SF of office space with a 3,520 SF basement for storage. Plenty of parking. Signage in place. North of Langley, South of Creighton. For sale $800,000. Property is also for lease. I-4452 FORMER GOODYEAR TIRES SITE Located in a high traffic, strong retail corridor on Nine Mile Rd. Quality construction and high visibility. 5,216 square feet of warehouse with 8 bay doors and 1,000 square feet of showroom space. For sale $355,000. I-4696 PAWN SHOP/RETAIL SPACE 4,700 total square feet with alarm system. 2,400 square feet consists of four offices and 2,300 square feet is warehouse space. Great frontage on R Street. Ideal for many retail uses including beauty shop, pawn shop or any local business west of Pace Boulevard. For sale $149,500. I-5091 SAUFLEY FIELD WAREHOUSE Completely renovated in Steel fabricated building with prominent signage and new storefront on Saufley Field Road. 1,250 square feet of heated and cooled office space with 5,000 SF warehouse. Rear is fenced. For sale for $299,900 and also for lease. I PRIME DOWNTOWN LOCATION 5.85 acres consisting of two buildings 41,713 SF of office space and 46,028 SF of warehouse space. Four dock high loading wells and large shipping and delivery area. 300 parking spots and seconds from I For sale $5,300,000. I PEARSON ROAD APARTMENTS HIGHLY VISIBLE RESTAURANT - DAVIS HWY 90 INDUSTRIAL OPPORTUNITY Eight income producing units (two 4-plexes). Good HWY 6,550 square feet available including tables, Perfect for business looking for outside storage interior. Each unit 2BR/2B with 962 square feet. West chairs, and kitchen equipment. Property and along with light manufacturing area. Large fenced side convenient to NAS/Saufley Field. From Fairfield signage highly visible from I-10. Owner financing to area for storing materials, vehicles or other go north on Patricia and right on Pearson. Road dead qualified buyer. Next door to new Holiday Inn. For construction apparatus. Great location in East ends. Financials on file. For sale $450,000. I-4580 sale $699,000. I-4856 Milton. For sale $399,000. I-5074 Log on to to view complete inventory of current properties

7 Lots & Acreage FOR SALE A A AIRPORT BLVD COMMERCIAL SITE 7.5 acres just east of I-110 and Airport Blvd interchange. Approx. 140 feet of frontage on Airport zoned C-1 allowing for a variety of commercial developments. For Sale $1,600,000. U-4762 B b AMPLE FRONTAGE MOBILE HWY Great location for large parcel on Mobile Hwy. 24,000 cars a day pass this site that is split zoned C-1 and R-2. Wide ranging possibilities for development. Priced to sell. Bring offers. $205,000. U-4908 C C GADSDEN ST. PRIME CORNER LOT A+ area convenient to downtown Pensacola and Gulf Breeze. Zoned C-1 allowing for medical, office or retail space, etc. City will allow a new building to cover same ground space no retention pond required. For Sale $175,000 U-4976 D D PINE FOREST RD RETAIL SITE 1.22 acre site at the intersection with Interstate Circle less than half a mile from I-10. New service station across the street and multiple restaurants and hotels nearby. Excellent location for development. For Sale $1,095,000. U-4958 E E BERRYHILL KING GEORGE PKWY Great location with access to all areas of Santa Rosa County. Vacant outparcel in the next area of growth in Pace. Ideal for financial institution, gas station or retail/restaurant. Next to a developed subdivision, mini storage facility and gym. Traffic signal provides ease of access to site. For Sale $399,000. U-4981 F F HWY 29 VACANT PARCEL One of the few left near Car City /- frontage on Hwy 29. Ideal location for dealership, hotel or restaurant/retail development. Over 4 acres available for sale for $1,090,000. U-3188 G G TEN MILE ROAD MIXED ZONING 3.29 acres zoned VM-2 (mixed village commercial/residential). Excellent central location and great visibility at high traffic intersection. Property has rare rail access and is significantly cleared. Adjacent lot with 6,000 SF warehouse/office also available. For sale $310,000. U-4830 H H MYRTLE RD INDUSTRIAL PARK Fenced land partially paved with other pervious areas. Surrounded by other industrial complexes. Good and easy access to other parts of Santa Rosa and Escambia Counties. 3.4 acres for sale for $109,000. U-4994 I I DECATUR AVE (GULF BEACH HWY) 0.70 acres of mixed use commercial located a mile west of Navy Blvd on Gulf Beach Hwy between Decatur and Colbert. Ideal location for small retail development. For Sale $109,000. U-4112 J J COLLINSWORTH RD WATERFRONT Escambia Bay development site on Garcon Point acre parcel located immediately on the bay with frontage of 300. Currently zoned for 4 dwellings off of Avalon Blvd, just minutes from Pensacola. For sale $360,000. U-5086 K K BAYSIDE WATERFRONT PROPERTY Ideal location to build your dream home. Surrounded by other fine water front homes. Conveniently located to access Milton, Pace, and Pensacola areas. For Sale $129,900. U-4982 L L JOHNSON ROAD ACREAGE Part of development plan with Escambia County. Developers are giving 80 R.O.W. and paying for a parkway and utilities including sewer. Plan is for a loop type road connecting SRC and west Escambia Co acres for sale $495,000. U-4889 M M SCENIC HIGHWAY WATERFRONT 1.7 acres of vacant land in East Pensacola overlooking Escambia Bay. Zoning allows for 59 multi-family condo units along with office or retail. Located at the south end of Scenic Hwy at the intersection of Chipley Ave. Former location for a seafood restaurant. For Sale $3,000,000. U-4186 N HWY 90 COMMERCIAL EXCEL- LENT EXPOSURE 2.68 acres of commercial property in Pace across from Target. Level and ideal for retail, restaurant or commercial. Hwy 90 Pea Ridge. For sale $990,000. U-4845 O O LARGEST PARCEL NORTH OF I-10 on Pensacola Blvd with frontage on State Road 95-A as well. 8+/- acres zoned C-2 allowing for outside storage. Level and prime for development. Will divide. For sale $1,795,000. U-5058 P P AMPLE ACREAGE ON 9 MILE RD 5.5 +/- acres zoned C-2 and ready for development in prime location directly across from RBC Bank and in the vicinity of numerous high-performance businesses. High traffic count and excellent visibility. For Sale $1,800,000. U-4963 BLUE ANGEL PKWY COMMERCIAL 2.79 acres of commercial property on Blue Angel Parkway with 430 feet of frontage. Property is high and dry with sewer tap already in place. Property is on the east side of Blue Angel, between Lillian and Blue Angel intersection with Muldoon Rd. For Sale $149,000. U-4861 Brokerage I Leasing I Management I Investment I Development I Corporate Services 7 Q

8 PRSRT STD U.S. POSTAGE PAID PENSACOLA, FL PERMIT NO Bayou Boulevard Pensacola, Florida We Make Deals Happen! BE ON THE LOOKOUT! Smartphone users be on the lookout for QR codes on our Beck Property Signs throughout Pensacola and surrounding areas. With a bar code reader application easily downloaded onto your phone, you can access all the property information you may need including pictures and floor plans literally in a SNAP! Go ahead and give it a try! INFO IN A SNAP! NEW TO MARKET 18,478 square foot state of the art office and aviation hangar facility located at the Pensacola Regional Airport. Expertly designed and built in 2006 with a 2,148 square foot office and hangar facility with two bi-fold doors easily accommodating 10 aircraft or more. The building is in excellent condition and is truly a rare opportunity for the private aviation enthusiast or business. Currently you will not find anything like this on the Gulf Coast! For lease at $9.73 per square foot. O-5089 Please contact our associates with all your commercial real estate needs at Gregg Beck, SIOR Justin Beck, CCIM David Valletto, SIOR Adrian F. Hammond, Jr. Gerald McArthur, SIOR Paul Salter, CCIM Kevin Hoffman Taylor Stone Libba Edwards Visit our website, for a complete listing of our current properties. The information contained herein is furnished to us by sources we deem reliable, but no warranty or representation is made as to accuracy thereof. It is subject to correction of errors, omissions, change of price, prior sale or lease or withdrawal from market without notice. Further, no warranty or representation is made in regard to any environmental condition that may or may not exist. The Beck Property Company Commercial Real Estate News is published periodically by Beck Property Company, Inc., 4890 Bayou Boulevard, Pensacola, Florida Additional copies or permissions may be obtained by contacting Justin Beck, President. This publication is not intended as legal or tax advice, nor as a solicitation for property currently listed with any other real estate broker. Not for resale.