ONE PRESTON CENTRE KATY TRAIL PLACE PRESTON CENTER, DALLAS UPTOWN, DALLAS

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1 O PTO CT PTO CT, ALLA KATY TAIL PLAC UPTOW, ALLA

2 TH OPPOTUITY Two office assets located in allas most infill and amenity rich submarkets, UPTOW A PTO CT Within allas most well established mixed-use environments with XCPTIOAL WALKABILITY, visibility, in an affluent demographic area Institutionally owned and maintained with a diverse rent roll Katy Trail Place and One Preston Centre encompass 193,050 F and are currently 92% LA ignificant upside via markto-market rental rates in strong UPPLY COTAI submarkets 2 Ability for investors to acquire critical mass in the most desirable office submarkets in allas / Fort Worth

3 WALUT HILL L WALUT H ILL L K PAK L LOBAY L LOV L LOV L T HW L G I K OC BI OCKIGBI L W I T K OA BA Y T GA Y YLVA O LI A G A HAKLL 3 VI T AI T Y L V T LAW IL TL C K B LV CTKUI Y A V HAP TO BLV G U TT LL CO A P L TA G O W O O Y FW O TO GA LA VI T AK P T U KB T LL A B LV AC BL V BL I G F IV K OA V CA AA W LA LI HI I T T H UG B TZH FI Y LV VIG B GA L A L AP GATO OLPHI G TA V T I WYCLIFF ABA PI KILLA T GVILL O C A L L OO BL V BI G KI OC WTOLA T THW O HA AL HILLCT LOV L PTO OU GLA IWOO HI A AB K ILL A X T L CH AP B B O W OA PAK L GV ILL HWY WT H T O L W O WALLUT HILL OTHWT HWY HA Y I FA AB G ALUT HILL L HAKLL A V

4 IVTT HIGHLIGHT IFILL LOCATIO AK-TO-AKT UPPLY COTAI Infill, mixed-use locations with amenity rich ignificant mark-to-market upply constrained with high barriers environments and high walkability scores opportunity with combined to entry; both submarkets present a in-place rates 29% below market significant discount to replacement cost of over $400 PF

5 TOP UB-AKT OBUT COOY Ideal presence in allas top-performing office submarkets, UPTOW A PTO CT, which have historically led the market in occupancy and rental rate FW s diverse and robust economy has been ranked 1st and 2nd in population and job growth, respectively, for the past 5 years and is forecasted to maintain those rankings (from ) 5

6 6 A: 3535 TI T OCCUPACY: 98% QUA FOOTAG: 116,309 F IT AA: 2.33 AC TOI: 3 YA BUILT: 1984 PAKIG ATIO: 3.2 / 1,000 F KATY TAIL PLAC TACY Office Tenants F % of Leased GLA % Below arket xpiration ate emaining Term (Years) Austin Industries 54, % 52% ec BW Architects 13, % 36% Feb FKP Architects 8, % 38% Feb tagen 8, % 24% Jul Infinity Vision 7, % 10% Jun Other Tenants 20, % Available 2, % Totals/Averages 116, % 40% 5.2

7 Uptown is the top ranked submarket in rate at $40 (F) & is second ranked in occupancy at 90% Positive office absorption every year since 2010 Highly walkable mixed-use environment with over 40 restaurant and retail destinations and 3,600 residential units within a one-mile radius Katy Trail pedestrian bridge officially approved for construction one of two multi-tenant office buildings with direct access ental rate growth of Prime location proximate to decision over 34% since 2013 makers and an educated workforce 7

8 8 A: 8222 OUGLA OCCUPACY: 83% QUA FOOTAG: 76,741 F IT AA: 0.95 AC TOI: 9 YA BUILT: 1981 / 2006 PAKIG ATIO: 3.6 / 1,000 F O PTO CT TACY Office Tenants F % of Leased GLA % Below arket xpiration ate emaining Term (Years) nterhealth ervices 6, % 17% ay Pediatric Opthalmology 5, % 9% Aug Pegasus Ablon 4, % 16% Oct Origin Bank 4, % 22% Jan Park Cities ermatology 3, % 17% ay Other Tenants 38, % Available 13, % Totals/Averages 76, % 13% 3.0

9 HIGHLA PAK PLAZA AT PTO CT 155,800+ F TAIL HY LTAY CHOOL UIVITY PAK PTO OUGLA HIGHLA PAK HIGH CHOOL OTHWT HIGHWAY Preston Center is the second ranked submarket in rate at $37 (F) & is top ranked in occupancy at 93% Achieved single-digit office vacancy rates for 21 consecutive quarters trong barriers to entry as evidenced by limited new supply, historically high occupancy and rental rate growth Office rental rates have grown over 29% since 2013 Proximity to allas most affluent neighborhoods Preston Hollow and the Park Cities with median housing values over $1.5mm Office users benefit from the proximity to over 130 restaurant options, grocery and service locations, and high-end retail shops 9

10 FW COOIC OVVIW One of the most diverse economies in the U.. 0% state income tax & an unemployment rate of approximately 3.8% Led the nation in job creation for 2016 with 135,400 new jobs 8th largest millennial population in the United tates From 2017 to 2021, the allas/fort Worth A is expected to rank 1st and 2nd nationally in population and job growth, respectively FW Class A office market led the United tates in absorption in 2015 and ULI s o. 1 merging Trends arket to Watch in 2016 and the o. 2 merging Trends arket in 2017

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12 BT COTACT AW LVY enior anaging irector TO AG anaging irector CHI UPHY Associate irector AAH BTH I Analyst sdavis@hfflp.com PHOB BT Analyst pbrent@hfflp.com COLBY UCK enior anaging irector cmueck@hfflp.com TV HLFL anaging irector sheldenfels@hfflp.com Holliday Fenoglio Fowler, LP ( HFF ) and HFF ecurities LP ( HFF ) are owned by HFF, Inc. (Y: HF). HFF operates out of 24 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.. commercial real estate industry. HFF together with its affiliate HFF offer clients a fully integrated national capital markets platform including debt placement, investment sales, advisory services, structured finance, private equity, loan sales, and commercial loan servicing. 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.