RSI DISTRIBUTION CENTER 1,000,000 SF CLASS A INDUSTRIAL FACILITY WITH 13+ YEAR NNN LEASE 838 LINCOLN COUNTY PARKWAY LINCOLNTON, NC CHARLOTTE MSA

RSI DISTRIBUTION CENTER 1,000,000 SF CLASS A INDUSTRIAL FACILITY WITH 13+ YEAR NNN LEASE 838 LINCOLN COUNTY PARKWAY LINCOLNTON, NC CHARLOTTE MSA

EXECUTIVE SUMMARY THE INVESTMENT OPPORTUNITY 1,000,000 SF Class A Industrial Facility with 13-year NNN lease INVESTMENT SUMMARY RENTABLE BUILDING AREA YEAR BUILT EXPANSION DATES TENANT 1,000,000 SF 2004 (Original 200,000 SF) 2005 (225,000 SF) 2007 (350,000 SF) 2014 (225,000 SF) RSI Home Products, Inc. REMAINING LEASE TERM 13+ years expiring August 31, 2029 LEASE STRUCTURE ESCALATIONS NNN YEAR ONE NOI $3,422,950 Approximately 1.5% annually On behalf of the Owner, HFF is pleased to present the outstanding opportunity to acquire the RSI Distribution Center, a Class A, 1,000,000 square foot distribution facility with over 13 years of remaining lease term. Located within the fast growing Charlotte, North Carolina MSA, the facility is 100% leased to RSI Home Products, the largest manufacturer of laminate kitchen and bath cabinetry in the world. RSI employs more than 5,000 people globally and distributes its products to a network of over 1,000 dealers including Home Depot and Lowe s Home Improvement. RSI DISTRIBUTION CENTER OFFERS INVESTORS THE OPPORTUNITY TO ACQUIRE ONE OF NORTH CAROLINA S PREMIER BULK DISTRIBUTION FACILITIES, RECENTLY EXPANDED WITH OVER 13 YEARS OF LEASE TERM REMAINING. The RSI Distribution Center features state-of-the-art construction including beautiful tilt-up concrete panels, 30' minimum clear height, an ESFR sprinkler system, 50' x 50' column spacing and 130' 180' truck courts with extensive trailer storage on-site. RSI s growth and success has required the expansion of the facility three times from 200,000 square feet in 2004 to 1,000,000 square feet in 2014. The facility is strategically located within the 100% occupied 4.4 MSF Lincoln County Industrial Park, a 680-acre master planned development on the US Highway Inter-Connector, a four-lane interstate quality thoroughfare that connects Interstate with Interstate.

MISSION CRITICAL OPERATION WITH 13+ YEAR REMAINING TERM, NNN LEASE STRUCTURE 100% leased through August 31, 2029 to RSI Home Products, Inc., the world s largest manufacturer of laminate cabinetry with annual revenues in excess of $5 million in FY 2014. RSI s revenues have more than quadrupled over the past 15 years, rising from $117 million when the company opened its first operation at Lincoln County Industrial Park. RSI employs more than 5,000 people globally and distributes its products to a network of over 1,000 dealers including exclusive lines for Home Depot and Lowe s Home Improvement. Mission Critical Operation - the facility serves as the crown jewel of RSI s operations, producing and shipping more cabinets than any of its other facilities around the globe. RSI s growth and success has required the facility to be expanded three (3) times, including the recent 225,000 square foot expansion delivered in 2014. RSI continues to actively contemplate expansion, currently considering expanding the facility by an additional 141,000 square feet.

STATE-OF-THE-ART CONSTRUCTION RECENTLY EXPANDED BY 225,000 SQUARE FEET 1,000,000 square foot Class A distribution facility originally constructed for RSI in 2004 and expanded three times including a 225,000 square foot addition in 2014. Building features tilt-up concrete exterior panels, 30' minimum clear height, ESFR sprinkler system, 50' x 50' column spacing, and T5 fluorescent lighting in the expansion. 141,000 SF EXPANSION CAPACITY Approximate 82 acre site features 130' truck courts in the front and 180' truck courts in the rear with 155 dedicated trailer storage positions on-site. Building is constructed in four separate phases ranging from 200,000 SF up to 350,000 SF providing excellent future multi-tenanting capability. Additional expansion capacity on-site of approximately 141,000 square feet.

1 4" L1 L1 STATE-OF-THE-ART CONSTRUCTION RECENTLY EXPANDED BY 225,000 SQUARE FEET TRUCK COURT TRUCK COURT 180' 2000' 50' 500' 50' 141,000 SF EXPANSION CAPACITY 225,000 SF (EXPANSION 2014) 350,000 SF (EXPANSION 2007) 225,000 SF (EXPANSION 2005) 200,000 SF (Original 2004) TRUCK COURT PROPOSED DRIVE 55' CONCRETE APRON TRUCK COURT 130' LINCOLN COUNTY PARKWAY LINCOLN COUNTY PARKWAY

OUTSTANDING DISTRIBUTION LOCATION IN FAST-GROWING CHARLOTTE INDUSTRIAL MARKET Hickory Strategically located on the US Highway Inter-Connector, a four-lane interstate quality thoroughfare that connects Interstate with Interstate. Excellent accessibility to Interstate, the industrial backbone of the Southeast, and Interstate, the primary east-west distribution corridor of the Southern United States. Located within the 4.4 million square foot, 100% occupied Lincoln County Industrial Park, home to 14 premier companies including Crate & Barrel, Medline Industries and United Technologies. Lincolnton LAKE NORMAN RSI DISTRIBUTION CENTER 4 Concord Totaling over 126 MSF of competitive inventory, the overall Charlotte industrial market features 91.5% occupancy and has generated 1.6 MSF of positive net absorption in the last 12 months. Tenant demand has prompted new construction of bulk distribution facilities on Charlotte s I- corridor with asking rents in the mid $4.00 PSF range. Gastonia Charlotte Douglas International Airport 4 CHARLOTTE 4

421 1 64 27 I N FAST- G R OW I N G C H A R LOT T E I N D U ST R I A L M A R K E T 26 2 Hickory Statesville OUTSTANDING DISTRIBUTION LOCATION M A J O R I N D UST R IA L U SE R S CHA R LOT T E MSA 24 25 601 3 Salisbury RSI DISTRIBUTION CENTER Mooresville 4 5 Lake Norman 6 7 8 10 23 $600 MILLION DATA CENTER 2 22 Lincolnton 520,000 SF 3 587,000 SF 4 500,000 SF/$1B 5 1,600,000 SF RSI DISTRIBUTION CENTER Huntersville 9 DATA CENTER 1 6 Concord 730,000 SF 7 1,000,000 SF 8 690,000 SF 9 0,000 SF 10 556,000 SF 21 11 28 29 12 13 14 601 15 Gastonia 634,000 SF 542,000 SF 15 14 13 12 542,000 SF 445,000 SF 354,000 SF CHARLOTTE Charlotte Douglas International Airport 11 2 18 20 28 19 17 17 16 4 715,000 SF 1,723,000 SF 18 1,230,000 SF 19 478,000 SF 20 595,000 SF 16 30 Monroe HEADQUARTERS 21 Rock Hill 344,000 SF 900,000 SF 25 24 23 22 730,339 SF 639,000 SF 5,000 SF NORTH CAROLINA SOUTH CAROLINA DATA CENTER 27 26 473,000 SF 1,474,000 SF 28 600,000 SF 29 1,050,000 SF 30 950,000 SF

RSI DISTRIBUTION CENTER N investment advisor CHRIS NORVELL, SIOR Senior Managing Director 704.526.2818 cnorvell@hfflp.com APTAR LINCOLN COUNTY PARKWAY RW GARCIA analyst CATALER (DIVISION OF TOYOTA) PATRICK NALLY Real Estate Analyst 704.526.2815 pnally@hfflp.com debt advisors HATCHETT ROAD RSI DISTRIBUTION CENTER TRAVIS ANDERSON Senior Managing Director 704.526.2806 tanderson@hfflp.com CORY FOWLER Associate Director 704.526.2807 cfowler@hfflp.com Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp a North Carolina licensed real estate broker ( HFF ). 2016 HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 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. HFF has been engaged by the owner of the property [properties] to market it [them] for sale. Information concerning the property [properties] described herein has been obtained from sources other than HFF, and neither Owner nor HFF, nor their respective equity holders, officers, employees and agents makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference 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 purchaser, and HFF, its partners, officers, employees and agents disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.