RKMD is a leading FULL-SERVICE real estate development firm. serving. HEALTH CARE PROVIDERS across the nation.

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1 RKMD is a leading FULL-SERVICE real estate development firm serving HEALTH CARE PROVIDERS across the nation. T SAN FELIPE, SUITE 490, HOUSTON, TX 77057

2 About Read King Read King Medical Development Founded by Jeff Read and Ewing King more than 25 Our strategy, size, growth and culture are deliberate. In 2009 over fifty percent of Read King s development and leasing TEAM years ago, the firm s expertise includes investment and The founders give their direct attention to the integrity activity in our retail platform was generated from medical related development strategies, shopping center and build-to-suit of the customer experience, as well as the well-being businesses. We observed a shift in the medical industry from the development, leasing, tenant representation, property and productivity of their experienced and dedicated traditional on-campus buildings to doctors viewing their practices management, land sales and dispositions. Read King has developed millions of square feet of Class A space for clients such as Whole Foods, Walmart, Kroger, HEB, Academy, JC Penney, Staples, Petco, Dollar Tree, HCA, team members. We also seek to continually give back to and enhance the communities in which we operate. This responsive attitude and execution has resulted in hundreds of referrals and dozens of repeat assignments as a patient centric retail business. The shift to the retail storefront benefitted both the doctors and their clients through convenient access, ample parking, visibility, and street signage, all in a highly identifiable and synergistic location. Jeff Read Ewing King Tim Delgado Principal Principal President, RKMD Texas Children s, Neighbors Emergency Center, DaVita, HealthOne, and St. David s HealthCare. Due to our developer and owner/operator experience, we build, lease and manage shopping centers with a clear objective of delivering value and high quality product to both landlord and tenant. in all sectors of the market from across the United States. OUR COMMITMENT TO OUR CLIENTS IS TO DELIVER THE HIGHEST QUALITY FACILITY WHILE MAINTAINING A FOCUS ON SPEED TO MARKET AND THE LOWEST POSSIBLE OCCUPANCY COST. JEFF READ, PRINCIPAL Through our development efforts to accommodate those users in our own projects, we were afforded the opportunity to develop additional medical facilities in other markets. Read King Medical Development (RKMD) was formed as a full service real estate partner to deliver the same level of service and expertise to our medical clients that we have delivered for 25 plus years to our retail clients. Read King Medical Development provides a comprehensive Jay Jenckes Charles Scoville Blake Allen Vice President, COO CFO RKMD Kim Nelson Ron Lindsey David Lecky Executive Vice President Vice President Development Vice President of Construction approach to market development from strategic market consulting, site selection, project financing, building design, construction Texas Children s Hospital supervision and property management. Brian Wood Osagie Okpamen Matt Camp Colorado Director of Development Development Manager Development Manager Ryan Orr Cort King Shelby Plant Real Estate Broker Real Estate Broker RKMD Coordinator & Marketing Associate

3 Services Timeline - From Start to Finish 375 Loop 374 PROPOSED WEST SITE NORTHEAST N Mesa St UNDER CONSTRUCTION CENTRAL 62 Montana Ave UNDER CONSTRUCTION EAST Zaragosa Rd Almeda Ave Loop 374 North Loop Rd Horizon Blvd SITE SELECTION PROJECT FINANCING DEVELOPMENT ASSET MANAGEMENT Market analysis Trade area selection Preliminary Budgeting Due Diligence Lease and Contract Administration Analyze sites & Prepare market summary Final proforma/budget Site Design Building and Site maintenance Underwrite entitlements on available sites Complete financing package Building Design Site Security Tour market with client Bid financing package with lenders Permitting Accounting and Finance Prepare financial model on selected site Select lender Construction Management Protest Tax Evaluation Present site Proposal package to client Close on development loan Delivery to Client Expense Control Present Market Comparables Negotiate Land Contract Negotiate And Execute Lease

4 Kingwood Site Selection Project Financing PRE DEVELOPMENT Read King, as a retail developer, has built and financed over three million square feet of retail property since its inception. Through these efforts we have created relationships with almost every viable source of capital available to retail and build to suit development. These relationships, the strength and expertise of the developer and the tenant, the fundamentals of the site, and the existence of an executed lease, all play an important role when structuring financing for a build to suit facility. When these fundamentals are presented to lenders as a build to suit program the most cost effective financing becomes readily available. By providing the best available financing, Read King Medical Development delivers quality facilities with the lowest possible occupancy costs mi Read King Medical Development s approach to site selection begins with canvassing a market and putting together a comprehensive market analysis to determine trade areas within the market that are best suited to facilitate the client s desired growth. Lake Houston Target Trade Area 8 Once trade areas have been established, all sites within that trade area, that meet the client s criteria, are identified. We then begin to underwrite all the entitlements for the selected sites to narrow our focus to only those sites that can be delivered with the desired real estate characteristics within the client s budget. Those entitlements include visibility, access, signage, utilities, zoning, title, deed restrictions, and permitting. MA RKET AE RI AL Gustafson Dental SITE 5 SITE 2 Custom Demographic Reporting 8 SITE 3 The following tools are utilized by Read King Medical Development in the site selection process: SITE 4 SITE units T R AD E A RE A AE RI AL Employment and residential data from the latest US Census data Percent of population with any Medical Insurance, Managed Care Insurance and Medical Insurance from Place of Work (Commercially Insured) Quarterly Postal Count updates Drive time reports Custom trade area polygons Traffic counts Custom Aerial Photography Gustafson Dental SITE: Park Lakes 8 SI TE SPE CI F I C AE RI A L Trade area aerials showing competitors and market drivers Site plan overlay on aerials ite distance calculations from competitors and S existing locations Finally, Read King Medical Development will negotiate a contract on the property and lease with the client. DEVELOPMENT MARKETS

5 3. BUILDING DESIGN Integrated into Site Design is the Building Design. At this stage Read King Medical Development can coordinate the design of the shell (exterior of the building with utilities provided to perimeter) or both the shell and interior. We work with the Client to select the best Architect to fit the project, and review the drawings together until production of a final set is complete. 4. PERMITTING Development Services Read King Medical Development realizes that the changing healthcare climate is about a high standard of care and speed to market. The Affordable Care Act (ACA) has opened many opportunities to the healthcare industry and we want to insure that our clients capitalize. We actively begin the development process during Site Selection by analyzing construction feasibility at the onset. We intently continue until the building is 100% complete through collaboration with the entire project team to accelerate the project s execution. Read King Medical Development manages the Permit acquisition process by working with our consultants to ensure every jurisdictional comment is promptly answered. 5. CONSTRUCTION Read King Medical Development manages the contractor selection process, schedules, and budgets. Detailed weekly construction reports are delivered to the Client including photos and updated schedules so that progress can be tracked from off-site. Read King Medical Development develops its own punch list prior to walking the completed site with the Client. The Client s remaining punch list items are then satisfied. 6. DELIVERY TO CLIENT The keys and the building are turned over. Read King Medical Development delivers the building s handbook, including warranties, operating manuals, and service contact information. If the Client leases the building from Read King Medical Development, then our Property Manager works with the Development team to seamlessly transition to building maintenance and operation. Once the best site is chosen, the DEVELOPMENT PROCESS is broken down into 6 steps. MOB DEVELOPMENT TIMELINE: EXAMPLE 1. DUE DILIGENCE ID TASK NAME DURATION START FINISH SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL Read King Medical Development continues the process initiated during Site Selection by finding out everything possible on and around the existing site. We work with our trusted consultants, including Civil Engineers, Architects, Surveyors, Environmental Consultants, and Geotechnical Engineers to make certain that all construction and design challenges are properly addressed. We meet with the appropriate City/County staff and any other regulatory body to review the project s scope. Contact is made with all utility companies to ensure that services are available or can be made available. Read King Medical Development also manages all legal and title issues associated with the property. Timeline 206 days Mon 9/12/11 Wed 4/4/12 2 RKMD - Site Selection 80 days Mon 9/12/11 Wed 11/30/11 3 Tour Market 1 day Mon 9/12/11 Mon 9/12/11 4 Analyze Sites & Prepare Market Summary 3 days Tue 9/13/11 Thu 9/15/11 5 Present Sites to Client 1 day Sat 9/17/11 Sat 9/17/11 6 Prepare Budget & Market Analysis 13 days Sun 9/18/11 Fri 9/30/11 7 Present Site Proposal Package 1 day Mon 10/3/11 Mon 10/3/11 8 Negotiate Land Contract 12 days Mon 10/3/11 Fri 10/14/11 9 Lease Negotiation & Execution 30 days Mon 10/3/11 Tue 11/1/11 10 Feasibility & Close Period 45 days Mon 10/17/11 Wed 11/30/11 11 RKMD - Design & Construction 171 days Mon 10/17/11 Wed 4/4/12 2. SITE DESIGN 12 Architectural & Engineering Plans 43 days Mon 10/17/11 Mon 11/28/11 13 Contractors' Bids 12 days Mon 11/28/11 Fri 12/9/11 14 Value Engineer 10 days Tue 12/13/11 Thu 12/22/11 Read King Medical Development meets with the Client and begins the design process based on a multitude of factors to optimize the site for the Client s specific needs. This step typically starts during the Due Diligence period so that while investigating utilities, restrictions, and city requirements, the proper questions can be answered. All parking, grading, access, utility, landscaping, lighting, and drainage designs are addressed. 15 Select Contractor 6 days Thu 12/22/11 Tue 12/27/11 16 Permitting 30 days Mon 11/28/11 Tue 12/27/11 17 Shell Construction 100 days Tue 12/27/11 Wed 4/4/12 Task Milestone Project: Schedule Date: Thu 9/29/11 Progress Summary Project Summary External Tasks External Milestone Deadline

6 I was really impressed by Clients in our portfolio include: Read King s experience, knowledge and passion for what VINTAGE MARKETPLACE they do...their prompt attention to matters, willingness to meet with Whole Foods Market anchored shopping and get to know the tenants, center located at service provider ideas and contacts in Houston helped make the acquisition of the center easy and enjoyable. the intersection of Louetta and Cutten in northwest Houston, TX. Tenants include: Sub Zero, MOD Asset Management KEY POINTS OF SERVICE Rusty Richardson Executive Vice President - GBR Properties, Inc. Pizza, Kriser s, Orangetheory Fitness and Pei Wei. CROSSROADS At Read King we believe property management begins with strong At Read King, our key points of service help real PLAZA relationships. Relationships with the owner, tenant and service providers are all essential to the success of a shopping center. With Read King, you will not just get a property manager that comes and goes within a company, but a partner that will work diligently to maximize the value of your real estate investments on an ongoing basis. OUR APPROACH Read King is among the top property management firms throughout Greater Houston. With over 30 years of experience as a retail and medical developer, our property management philosophy and methods reflect our unique understanding of landlord expectations and tenant needs. Our goal is that you maximize your return on investment through Read King s daily attention to the details of operating your facility. The ultimate measure of our success is to earn the estate owners reduce their operating costs and enhance property values - all while maintaining a first class environment for tenants. Our expertise in tenant satisfaction and retention, security, budgeting, expense control and center maintenance helps provide you with a place in which you are proud to do business INTEGRATING RESPONSIBILITY INTO EVERY PHASE OF OUR PROCESS Customize the level of service to fit your needs. REPORTING TO OWNER Read King takes a proactive approach to all property management objectives, treating each property as if it were our own. We prioritize tenant satisfaction and expense control in order to preserve and extend the property s viability as a profitable investment. Internally generated performance reports highlight and summarize key issues, break down asset performance and help you achieve your financial objectives. ±150,000 SF shopping center located at the intersection of Highway 290 and FM Tenants include: Academy Sporting Goods, Staples, Luby s, Genghis Grill and La Madeleine. TEAS CROSSING Teas Crossing is a JC Penney anchored management contract for the life of your property. You can be assured that we combine property management best practice with the highest standards of professionalism and integrity. } Accounting & finance } Lease & contract administration OUR PROPERTY MANAGEMENT retail center located at the northwest corner of I-45 and OUR REACH Read King employs a full staff of qualified professionals with local, regional and national expertise. We have the capacity to manage any size portfolio across the Southwest, no matter how large or small. Our firm s expertise includes over seven million square feet of shopping center and medical facility management with dozens of grocery and big box anchors across our portfolio. } Budget & reconciliation management } Center maintenance } Manage tenant relationships } Reporting to owner TRACK-RECORD INCLUDES OVER SEVEN MILLION SQUARE FEET OF SPACE IN PROPERTY SIZES RANGING FROM 15,000 TO 1.2 MILLION SQUARE FEET. Teas Rd (FM 3083) in Conroe, Texas. Cotenants include JC Penney, Firehouse Subs, Olive Garden, Massage Envy and Merrill Lynch.

7 T SAN FELIPE, SUITE 490, HOUSTON, TX 77057