Holliday GP Corp. ( HFF ), a Texas licensed real estate broker, has been exclusively retained by the Owner to offer qualified investors the

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1 OFFERING SUMMARY

2 Holliday GP Corp. ( HFF ), a Texas licensed real estate broker, has been exclusively retained by the Owner to offer qualified investors the opportunity to purchase Greenway Tower (the Property ), a 192,912 square foot office building located in the Las Colinas submarket of Dallas / Fort Worth. The current occupancy of 73.6% and WALT of 1.5 years allow investors the opportunity to execute an asset enhancement strategy while maintaining current cash flow and allowing for leasing of the majority of the rentable square footage post-renovation at higher rental rates. Offered at an incredibly attractive basis, well below replacement cost, Greenway Tower presents investors with a rare opportunity to execute a demonstrable value-add business plan in one of the healthiest office markets in the United States.

3 PROPERTY DESCRIPTION Address: Building Size: 1231 Greenway Dr. Irving, Texas ,912 rentable square feet Stories: 10 Leased: 73.6% Year Built: 1981 Land Area: Parking: Parking Ratio: 7.4 acres 676 Total Spaces 3.5/1,000 SF MAJOR TENANTS Tenant Square Feet % of Property Lease Expiration Remaining Lease Term Current Rental Rate % Below Market Today Ace Cash Express, Inc. 96, % Jun years $ % Tekzenit, Inc. 20, % Jan years $ % Deval Consulting, Inc. 6, % Dec years $ % Others 17, % Varies 1.8 years $ % Amenity Space 1, % Totals/Averages 141, % 1.5 years $ % 3

4 VALUE-ADD ENHANCEMENT OPPORTUNITY 73.6% $ IN-PLACE RATES LEASED 30.3% BELOW MARKET Lease up of Vacant Space Immediate opportunity to increase cash flow through the lease up of 50,992 square feet of available space, resulting in over $1 million of additional rental revenue. Mark-to-Market With in-place rents 30.3% below market and 100% of the rent roll expiring in the next three years, the Property presents a significant mark-to-market opportunity. Modern Cosmetic Improvements By repositioning the Property to today s modern standard, the next owner will achieve higher rents, similar to comparable, newly renovated Office Center buildings. 4

5 REPOSITIONING OPPORTUNITY AT AN ATTRACTIVE COST BASIS Due to an attractively low cost basis, future ownership has the opportunity to reposition the Property into a best-in-class asset that would appeal to the evolving demands of today s progressive tenant. With modernization of the Property, a new owner can compete with comparable assets in the submarket that have recently undergone renovations, including: Tower 1320, Plaza 5601, and The Embassy which experienced a 30% increase in rental rate following renovations. Post-renovation, a potential investor s all-in cost basis is projected to be well below current competitive set valuations. Potential repositioning opportunities include: Aesthetic updates to the lobby, elevators, corridors and restrooms State-of-the art fitness center Tenant lounge and technology equipped conference center On-site deli and / or tenant cafeteria OFFICE CENTER SUBMARKET AN ATTRACTIVE ALTERNATIVE TO URBAN CENTER The Property s submarket, the Office Center, competes for tenants within the Urban Center submarket of Las Colinas. From 2012 to 2016, the Urban Center experienced a rental rate premium of approximately 15%. However, over the last 12 months this premium has spiked to 25%. Offering convenient access to the same amenity base within the Urban Center, the Office Center has become an attractive alternative for Las Colinas office tenants due to this substantial discount in rental rate. This rental rate differential has led to the highest year of absorption since 2006 for the Office Center. $30.00 $28.00 $26.00 $24.00 $22.00 $20.00 $18.00 $16.00 $14.00 $ % OFFICE CENTER VS. URBAN CENTER RENTAL RATES 25% 14% 16% 16% 14% Office Center Rental Rate Urban Center Rental Rate 5

6 Irving Convention Center Dallas CBD Toyota Music Factory Gables Water Street Regional HQ 4,000 Employees Hidden Ridge Global HQ The Villas at Beaver Creek 358 Units HQ Resort at Jefferson Ridge 410 Units North MacArthur Blvd (52,000 VPD) Remington Hills at Las Colinas 362 Units Greenway Drive (131,467 VPD) DFW International Airport 1.5 Miles Away 65.7 Million Passengers (2016) HIGHLY DESIRABLE CORPORATE LOCATION The building is located in the heart of Las Colinas, a 12,000 acre, master-planned development in the center of the Dallas /Fort Worth MSA immediately adjacent to DFW International Airport. The market is a preferred location for corporate tenants due to its central location, diverse amenity base, and abundant and growing residential options. Recent significant developments include: 6 Toyota Music Factory Opened in the fall of 2017, is a state-of-theart, $220 million development featuring an 8,000-seat amphitheater operated by Live Nation and 20 restaurants and retail attractions within the development. Gables Water Street This mixed-use development also opened in fall 2017 and features 326 multifamily units and 60,000 square feet of retail including restaurants such as Olivella s, Twisted Root Burger, and Go Fish Poke. Hidden Ridge Verizon and KDC are underway on this mixed-use project directly south of the Office Center with plans to open in The development will bring 80,000 square feet of retail, a 200-room hotel, and 1,200 new apartments to the area.

7 WHY DFW? Unemployment rate of 3.2%, adding over 100,400 jobs in the last 12 months From 2017 to 2021, DFW is projected to add 516,986 residents and 139,649 jobs, ranking first and second respectively in the U.S., according to Oxford Economics. ACCESSIBILITY Central U.S. location featuring Dallas-Fort Worth International Airport & Dallas Love Field 225+ NON-STOP DESTINATIONS ULI s Emerging Trends #2 Top Market to Watch in 2017 One of the largest concentrations of corporate headquarters in the country and has recently attracted a notable list of expansions and relocations spanning several diverse industries Forbes recently ranked Texas #1 in Economic Climate out of all 50 states 81.2M PASSENGERS PER YEAR serviced approximately 65,670,697 passengers in serviced 15,562,738 passengers in 2016 and is home to Southwest Airlines BUSINESS ENVIRONMENT #1 STATE FOR DOING BUSINESS 13 YEARS IN A ROW - CEO Magazine % STATE & LOCAL INCOME TAX RATE 13.7 MILLION WORKERS 3.2% 185 UNEMPLOYMENT RATE 1,052,000 Number of residents added to the region between 2010 and 2017 #1 in Economic Climate Projected population of the region by th largest 7,873,019 workforce in America Companies ranked in the INC fastest-growing private companies that call Dallas/Fort Worth home. 7

8 INVESTMENT CONTACTS ANDREW LEVY Senior Managing Director TODD SAVAGE Managing Director CHRIS MURPHY Director PARKER MCCORMACK Director MATT MCCARNEY Associate MATTHEW WHEELER Analyst DEBT CONTACTS DE ON COLLINS Director Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, HFF ), HFF Securities L.P. and HFF Securities Limited (collectively, HFFS ) are owned by HFF, Inc. (NYSE: HF). HFF and its affiliates operate out of 25 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on 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 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 Victory Avenue Ste Dallas, TX hfflp.com