AEROTROPOLIS ATLANTA, GEORGIA

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1 ATLANTA, GEORGIA

2 OPPORTUNITY THE OPPORTUNITY There is one site left at Aerotropolis a campus development so unique it is a market unto itself. The site is a acre single user site with abundant density, and the best site for an upscale campus at Hartsfield Jackson Atlanta International Airport the world s busiest airport. There are only acres left on this campus out of the original 130 acres. Porsche will occupy an office building and a handling course; Porsche s North American Headquarters and 19 acre handling course are under construction An upscale hotel is on the planning board to be built adjacent to the Porsche HQ This site allows you to expose and personally reach 80% of the United States population within two hours air-travel time. Hartsfield-Jackson averages more than 250,000 passengers a day and almost 2,500 arrivals and departures daily. This location provides you an opportunity to create your own product experience. Locate at Aerotropolis, create a product experience, then give your prospective clients the opportunity to fly in and experience your product or services. Be a part of one of the most unique locations in the City of Atlanta let s discuss your site requirements.

3 SITE PLAN SITE PLAN Workplaces have evolved while global companies and their employees now recognize that travel is part of their workflow. As every minute counts when going to market, the companies that recognize the importance of quick connection to air travel will lead in their markets. The zoning allows for all types of commercial buildings and all the density you would possibly want with the only limiting factor being the Height restriction of 10 stories. Aerotropolis is that unique opportunity for corporate users to leverage a setting for the future, build market share and set their identity apart from their peers. Available Acres Global markets are connected by their airports. Aerotropolis is the connection to the connection. The future is now a clear path that business gets done through airports. The advantage to your business is being able to make a flight by leaving your office less than thirty minutes before your flight time. Customers can land at Atlanta s Hartsfield-Jackson Airport and be in your office for a meeting within minutes from landing. The advantage is easily understood. Aerotropolis is the future way to work.

4 PROPERTY THE PROPERTY Aerotropolis Atlanta will build on the strength of Hartsfield Jackson Atlanta International Airport, a global gateway and the Southeast s most important economic engine. This redevelopment is transforming the 130 acre former site of a Ford Motor Company plant just south of Downtown Atlanta into an international commercial center of aviation centric businesses, multinational companies and other enterprises. Mixed-Use Office/Retail/Entertainment Combined Traffic Counts Approx. 200,000 VPD Demographics (10 mile radius) 819,139 People 300,679 Households Adjacent to the world s busiest airport, the development was initially zoned for up to 6.5 million square feet of Class A office space, a data center, a convention center, and retail, restaurant and entertainment space. Adding vibrancy to the district will be several high quality hotels. Since the site was acquired in June 2008, the facility has been demolished and the property has been remediated and is prepared for redevelopment. The site was remediated under Georgia EPD s Brownfield program and has received a Certificate of Compliance from the State. In 2011, approximately 53 acres were sold to the City of Atlanta and in 2012; approximately 56 acres were sold to Porsche Cars North America. The remaining acres are available for redevelopment under the existing zoning which is Urban Village with a Regionally Significant overlay district. Please see the attached site plan for the location of the property that Airport Station has available for sale or redevelopment. The Porsche project will be a marquee development in Atlanta as a 220,000-square-foot North American headquarters facility that will support and consolidate not only corporate operations but also a training center for technicians, a customer experience center and a 19 acre handling course for customers. Construction of the project is expected to begin by summer 2013 with occupancy in the fourth quarter of The City of Atlanta has not released any plans for the development of the 53 acres it purchased. HARTSFIELD-JACKSON ATLANTA INTERNATIONAL AIRPORT STATISTICS World's busiest airport since 1998 The airport offers direct flights to 95 cites in 57 countries 90 million passengers in 2008 Home to world's largest airline-delta/northwest Atlanta is within a two hour flight of 80% of the US population

5 PROPERTY THE PROPERTY (CONT.) PROPERTY INFORMATION acres available Estimated density at 6,500,000 + square feet in entire park Building heights ranging from eight to 14 + stories Eight miles from Downtown Atlanta Interstate access Two northbound exits and two southbound exits at the intersection of North Central/South Central/Porsche Avenue and I 75. One northbound exit and one southbound exit at the intersection of Aviation Blvd/ Charles W. Grant Pkwy and I 75. A northbound HOV exit and southbound exit from Aviation Boulevard/Charles W. Grant Parkway. The property will have a dedicated access road from South Central Avenue/Henry Ford II Avenue. LEED certification is targeted for the project. More than 95%+ percent of all materials during demolition were recycled. ZONING The site is located in the City of Hapeville, Fulton County Zoning is Urban Village with a Regionally Significant overlay district. The remaining property could support substantial density. The available density on the site is limited only by the height restriction of 10 stories. We estimate that the physically possible density is approximately 1.8 million square feet of commercial space. Residential development is not permitted in the project. SITE INCENTIVES Brownfield Status The property has been entered in the Georgia s Brownfield program. The site has received its certificate of compliance from Georgia s Environmental Protection Division. The property could potentially apply for tax abatement over a 10-year period New Market Tax Credit Financing The project is located within a qualifying census tract for the Federal New Markets Tax Credit program (NMTC). The NMTC program could potentially provide low cost, interest only financing at up to 20% to 25% of project value. The typical terms of the program are as follows: Seven year interest only loan term, Interest rate as low as 3% or lower but depends on the NMTC lender and project type, Potential for loan forgiveness at loan maturity. Tax Allocation District Prior to completing the acquisition of the property, Airport Station worked with the City of Hapeville to create a Tax Allocation District (TAD) that involved the Aerotropolis Atlanta site. The TAD is generally municipal bond financing that is paid down by the incremental increase in property taxes generated by the increased property value. The TAD program could potentially generate approximately 10% of bond financing for the project infrastructure and construction.

6 LOCATION THE LOCATION 1 Maynard Holbrook Jackson Jr. International Terminal (MHJIT) $1.4 billion new international terminal Scheduled to open in early 2012 Aerotropolis-Atlanta is less than 0.5 miles from the entrance to MHJIT on Loop Road MHJIT will provide a second access point to the airport 8 Interstate Access Points 2 Two northbound exits and two southbound exits at the intersection of North Central/South Central/Henry Ford II Ave. and I-75 3 One northbound exit and one southbound exit at the intersection of Aviation Blvd/Charles W. Grant Pkwy and I-75. Plus, a northbound HOV exit and southbound HOV exit 1 3 2

7 CONTACT FOR MORE INFORMATION EXCLUSIVE BROKER Fred Roddy Senior Vice President T fred.roddy@cbre.com Eric Ross Senior Vice President T eric.ross@cbre.com Brad Jancik Vice President T brad.jancik@cbre.com 2013 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. 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.