DEVELOPMENT AND INVESTMENT INDUSTRIAL

DEVELOPMENT AND INVESTMENT INDUSTRIAL

Company Overview $.1B projects in the pipeline $7.7B projects in the process * * Trammell Crow Company s Industrial team develops facilities tailored to meet occupiers business and strategic needs; and partners with investors on speculative development, acquisition / re-development ventures, build-to-suit development and incentive-based fee development services. Since 198, developing and investing in industrial property has been a cornerstone of our business. Industrial professionals manage the process from end-to-end: identifying sites, assembling debt and equity, navigating complex approval processes, hiring professionals to design and construct the properties, engaging management teams to operate them and transaction advisors to sell them. Our focus is creating the most valuable industrial buildings in the market. *AS OF 1Q18 OVERVIEW Trammell Crow Company, founded in Dallas, Texas in 198, is one of the nation s oldest and most prolific developers of and investors in commercial real estate. The Company has developed or acquired more than 2,600 buildings valued at more than $60 billion and over 565 million square feet. The Company s mission is to: deliver superior outcomes for occupiers, residents and the communities in which we build, deliver market-leading financial returns to our investment partners, as well as attract and retain top talent by upholding an entrepreneurial and rewarding work environment. OFFICE LOCATIONS OFFICE INDUSTRIAL RESIDENTIAL HEALTHCARE RETAIL ATLANTA AUSTIN CHICAGO DALLAS DENVER HOUSTON LOS ANGELES NEWPORT BEACH PHILADELPHIA PHOENIX PITTSBURGH PORTLAND SAN FRANCISCO SEATTLE ST. LOUIS WASHINGTON DC

1 2 Our industrial professionals are creative problem-solvers with decades of experience executing complicated, high-quality projects, whether it is a greenfield, ground-up business park or brownfield reclamation project with arduous entitlement and environmental challenges. The advent of ecommerce, in particular, has demanded an innovative approach to industrial development. By leveraging the collective knowledge and experience of our professionals nationwide, our industrial teams nimbly adapt to evolving trends in markets, product types and technologies. Our ability to attract quality capital partners leads to certainty of execution that is crucial for build-to-suit clients and our national pipeline of development projects gives capital partners the unique opportunity to diversify industrial investments on a dealby-deal basis, mitigate risk and achieve high returns. 5 1 BW Gateway Harmans, MD 2 Pinnacle Park Dallas, TX San Leandro Business Center San Leandro, CA Humboldt East Trade Center Hazle, PA 5 Chalk Hill Dallas, TX

1 2 6 5 1 Principio Commerce Center, I North East, MD 2 Carson Industrial Center North Carson, CA I-5, Phase II Ft. Worth, TX King Mill Distribution Center Atlanta, GA 5 Oaks Logistics Center Livermore, CA 6 Crossroads Commerce Park Denver, CO

1 2 5 6 1 Coldwater Depot Logistics Center, Ph. Avondale, AZ 2 The Brickyard Compton, CA Park 18 Austin, TX Sierra Lakes Commerce Center Fontana, CA 5 Park Lucero Gilbert, AZ 6 5-Eagle Ft. Worth, TX

1 2 5 6 1 CleanTech Manufacturing Center Los Angeles, CA 2 285 Commerce Center BLVD Bethleham, PA JJ Lemmon Dallas, TX Expo 10 & 11 Austin, TX 5 Rockwood Corporate Center Greshem, OR 6 Ontario Innovation Center Ontario, CA

1 2 5 6 1 Fallbrook Pines Business Park Houston, TX 2 Lehigh Valley Trade Center Lower Nazareth, PA Solo Cup Grand Prairie, TX South Washington Park Piscataway, NJ 5 Midpoint @ 27 San Jose, CA 6 California Palms Redlands, CA

1 2 5 6 7 1 Expo 8 & 9 Austin, TX 2 Audi Golden, CO Park 8Ninety Houston, TX Midtown Business Center Roseville, MN 5 Airways Business Park Denver, Co 6 TCC Penn Dallas, TX 7 Kenswick Phase & Houston, TX

TRAMMELLCROW.COM Corporate Office: 2100 McKinney Avenue, Suite 800, Dallas, Texas 75201 Phone: 21.86.101 Fax: 21.86.9