AIRPORT CORPORATE CENTER

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1 A 105,660 square foot, value-add, office building located in, Texas OFFERING SUMMARY

2 INVESTMENT OVERVIEW HFF has been exclusively retained by the Owner to offer to qualified investors the opportunity to purchase Corporate, a 105,660 square foot office building that is currently 49% leased, offers significant upside potential via the lease-up of the existing vacant space. The Property, which is prominently positioned at the intersection of George Bush Tollway (TX ) and Walnut Hill Lane, is less than two miles from the south entrance of the DFW International. Corporate provides investors an opportunity to acquire a value-add office building at a price substantially below replacement cost in one of the tightest office submarkets in the DFW MSA. INVESTMENT HIGHLIGHTS UPSIDE POTENTIAL AT DISCOUNT TO REPLACEMENT COST. At 49% occupied, Corporate offers a significant value-add opportunity through the lease-up of the remaining vacancy in a rapidly improving office market where rents have increased 8.4% and net absorption has totaled 1.8 million square feet since the beginning of 13. The existing rent roll provides a stable cash flow with contractual annual rent increases and an averaging remaining lease term of 6.9 years. Additionally, the potential sales price represents a significant discount to replacement cost. MARKET DYNAMICS. Corporate is attractively positioned to take advantage of the current market dynamics that exist in the region. A significant number of major leases have been executed in recent months and prospective tenants have fewer available blocks of space to choose for their space needs. The Property is one of only five buildings constructed after 01 that can offer a 50,000 square foot block of space within a 7-mile radius. STRATEGIC LOCATION/ACCESS. The Property s location within minutes of DFW International is a major draw for existing and future tenants. Corporate also benefits from its location within the Las Colinas master planned development, which is home to more than 2,000 companies, including the global headquarters location for six Fortune 500 companies. The Property is highly visible with direct frontage on State Highway with close proximity to State Highway 114, State Highway 183, State Highway 360, Interstate-635 and Interstate-35, which collectively connect the area to virtually every significant employment area, residential neighborhood and amenity in the metroplex. NEW CONSTRUCTION. Corporate was constructed in 07 with large, efficient and rectangular 50,000-square-foot floor plates, ideally designed for today s corporate tenant. The building features a dramatic two-story lobby and Class A finishes throughout. LAS COLINAS OFFICE SUBMARKET. The office market has benefited from an improving economy with positive absorption of over 2.4 million square feet over the last eight quarters, including approximately 800,000 square feet in 14. Corporate is located in the Office /West LBJ submarket of. As of third quarter 14, the submarket had an average occupancy of 91%, an increase of 650 basis points since the beginning of 12. Over the same time period, average rental rates in the submarket have increased 10% to $21.33 per square foot full service. EXISTING TENANCY. Corporate recently executed two leases providing a base for the next owner to build from as the remaining vacancy is leased. Tenant SF Expiration Remaining Lease Term Industry EAN Holdings, LLC. 27,232 Feb years Vehicle Leasing Services Gateway Mortgage Group, LLC. 24,146 Nov years Residential Lending Totals/Averages 51, years HFF 2

3 INVESTMENT OVERVIEW TEXAS/DFW ECONOMIC OVERVIEW The state of Texas remains one of the largest and most rapidly growing economies within the United States. As the largest exporter of goods in the U.S., Texas currently grosses more than $100 billion a year in trade with other nations. If Texas were a nation, it would rank as the 13th largest economy in the world based on GDP, ahead of Mexico, South Korea, the Netherlands and Turkey. The Dallas/Fort Worth metropolitan area is the fourth largest U.S. metro with approximately 6.9 million residents and continues to remain one of the strongest metropolitan economies in the nation. Job Growth Dallas/ posted a year-over-year May 14 job gain of 113,100, a 3.7% increase that ranks DFW #1 in the U.S. for percentage job growth and total jobs created. As of August 13, DFW s unemployment stands at 5.5%, which is 40 basis points lower than the national level. Moody s Economy.com is forecasting that DFW will rank first nationally in population job growth from 13-18, by adding approximately 729,400 new residents and 482,400 new jobs. Dallas/ is a magnet for corporate headquarters, attracting 18 Fortune 500 companies as well as 40 Fortune 1000 companies to the area. PROPERTY OVERVIEW Address: 41 N. State Hwy, Irving, TX Rentable Area: 105,660 square feet Percentage Leased: 48.6% Year Built: 07 Site Area: 6.7 acres HFF 3

4 INVESTMENT OVERVIEW Irving Convention Office Downtown Dallas Urban Four Seasons Resort and Club Calvary Church AIRPORT CORPORATE CENTER Pre sid tg eo rge Bu sh Tu rn pik e( TX ) W aln ut H ill La ne DFW Land en DFW International HFF 4

5 ROYAL LN INVESTMENT OVERVIEW International North Entrance PLAZA REESE D/FW Freeport Business Marriott Hotel ESTERS BLVD Sheraton Grand Hotel JETSTAR Harvey Hotel Capital One 114 BELT LINE RD Hewlett Packard To Freeport State Farm M/A/R/C BENT BRANC H DR REGENT BLVD Canon Johnson Control Footaction To Dallas- International,, Grapevine & Southlake Royal Tech RIDGEPOINT DRIVE Honeywell Olympus SUMMITVIEW DR Hackberry Creek KINWEST PKWY 635 MacArthur at MACARTHUR BLVD LYNDON B JOHNSO Baylor Medical Valley Ranch CABELL DR Eagle Mountain Lake Lake Worth NAS Jrb/Carswell Field WHITE SETTLEMENT 8 8 BENBROOK HASLET SAGINAW Meacham WESTOVER HILLS BELT JUNCTION Alliance EDGECLIFF VILLAGE CORRAL CITY ROANOKE KELLER FOREST HILL TROPHY CLUB WESTLAKE 8 8 SOUTHLAKE COLLEYVILLE HURST BEDFORD DALWORTHINGTON GARDENS Grapevine Lake ARLINGTON GRAPEVINE EULESS FLOWER MOUND GRAND PRAIRIE Lake Lewisville COPPELL AIRPORT CORPORATE CENTER THE COLONY CARROLLTON Preston Hollow University Highland Uptown Lakewood 45 Lake Highlands White Rock Lake Dallas- AIRFIELD DR S International TH ST E 34TH ST VALLEY VIEW LN AIRFIELD DR E ALLEN BALCH SPRINGS Air Cargo Terminals CORPORATE CENTER WYLIE WALNUT HILL LN SACHSE MESQUITE CARBON RD AIRPORT To Arlington & State Highway 183 BELT LINE RD BELT LINE RD CABELL DR CAMPUS CIRCLE DR ROWLETT Lake Ray Hubbard JOHN W CARPENTER FREEWAY Atmel Lavon Lake Cottonwood ROCKWALL Creek HEATH LONGHORN GATEWAY DRG ATEWAY DR Epsilon SKYWAYCIRCLE N SKYWAY CIRCLE WALNUT Victoria Cigna Business WFS Financial ROYAL CAMPUS CIRCLE DR PRESIDENT GEORGE BUSH Dallas- International Property S Distribution HILL LN STORY R D LN TURNPIKE W ESTRIDGE Hackberry Creek Hackberry Creek Co untry Club WESTRIDGE CIRCLE To Dallas- DR HURD DR PARKRIDGE Los Colinas Corporate I & II Office Abbott Liberty Mutual HIGH POINT DR BLVD NEC America GREENWAY DR The Westpoint CORPORATE DR WALNUT HILL LN AAA Marriott Courtyard MEA DOW MACARTHUR BLVD North Lake College Golf & Sports Club Temerlin McClain 114 Microsoft WALNUT HILL LN CREEK DR Cott on Creek Lakes Co ttonwood Va lley Verizon Zale Sterling Commerce HIDDEN RIDGE MACARTHUR BLVD Medical ROYAL LN LOVE DR Verizon Beaver Creek Enclave GREEN PAR K DR Four Seasons Resort & Club LELAND BLVD LAS MILLS LN COLINAS BLVD BUFFAL Citigroup Exxon Mobil FULLER DR So 11 O Las Cou CROWLEY RENDON MANSFIELD 45 BURLESON MIDLOTHIAN HFF 5

6 ADDITIONAL INFORMATION If you have any questions or require additional information, please contact the individuals below. OFFERING FORMAT Andrew Levy Senior Managing Director Todd Savage Managing Director Elizabeth Malone Director Chris Selbo Senior Analyst Asking Price: No asking price has been established for the Offering. One Victory 2323 Victory Avenue Dallas, TX Tel: Fax: HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 23 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter at twitter.com/hff. Holliday Fenoglio Fowler, L.P. ( HFF ) has been engaged by the owner of the property to market it for sale. Information concerning the property described herein has been obtained from sources other than HFF and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all references to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a buyer. Buyers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.