125 E. JOHN CARPENTER / 5100 N O CONNOR BLVD THE EMBASSY DFW VALUE-ADD OFFERING SUMMARY INTERCHANGE OFFICE CENTER HERITAGE SQUARE I & II

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1 125 E. JOHN CARPENTER / 5100 N O CONNOR BLVD THE EMBASSY DFW VALUE-ADD O F F I C E P O R T F O L I O OFFERING SUMMARY INTERCHANGE OFFICE CENTER HERITAGE SQUARE I & II

2 ELM DFW VALUE-ADD OFFICE CORINTH PORTFOLIO INVESTMENT SUMMARY HFF has been exclusively retained to offer qualified investors the opportunity to acquire the fee simple interest in the DFW Value-Add Office Portfolio (the Portfolio ) ARGYLE consisting of approximately 1.2 million square feet of Class A office assets located in the Dallas/Fort Worth Metroplex. The Portfolio, FRISCO which includes four office buildings that are currently 77% leased, represents a rare opportunity for an investor to acquire a value-add portfolio of significant scale across the Dallas market. With in-place rents that are on average 17% below market across the Portfolio, a diverse income stream, and locations in two highly desirable DFW submarkets Las Colinas and Far North HIGHLAND THE COLONY Dallas investors benefit from ownership implementing over $11 million in capital upgrades over the last 3 years allowing a straightforward path to add significant value through increasing occupancy and improving NOI growth via mark-to-market VILLAGE rental rate increases in one of the most desirable markets in the country. The Properties in the Portfolio are offered individually, in sub-portfolios, or as a single portfolio transaction. JUSTIN LEWISVILLE SAM RAYBURN TOLLWAY PLANO ALLEN ET th Fort Worth Alliance Airport CBD WATAUGA ROANOKE INTERCHANGE OFFICE CENTER ORT RTH KELLER HERITAGE SQUARE I & II 820 HALTOM CITY NORTH RICHLAND HILLS THE EMBASSY E. JOHN CARPENTER / N O CONNOR Lake Arlington TROPHY CLUB SOUTHLAKE COLLEYVILLE BEDFORD HURST ARLINGTON FLOWER MOUND Grapevine Lake GRAPEVINE EULESS 30 COPPELL Dallas/Fort Worth International Airport North Lake Mountain Creek Lake CARROLLTON FARMERS BRANCH LAS COLINAS IRVING GRAND PRAIRIE Addison Airport DALLAS LOVE FIELD AIRPORT DALLAS OAK CLIFF TURNPIK E BUSH GEORGE PRESIDENT ADDISON 30 DALLAS NORTH TOLLWAY Preston Hollow University Park Highland Park Uptown CBD RICHARDSON Lakewood 45 Lake Highlands White Rock Lake 30 GARLAND

3 STRONG CASH FLOW WITH IMMEDIATE UPSIDE Average occupancy across the Portfolio is 77% Weighted average remaining lease term across the Portfolio is 5.5 years In-place rents are currently 17% below market INTERCHANGE OFFICE CENTER Diverse income stream with no tenant comprising more than 6% of the net rentable area CRITICAL MASS Opportunity to acquire 1.2 million square feet in one of the nation s most dynamic office markets Each property is located in top performing office submarkets All four properties have been institutionally owned and maintained Nearly $11 million in capital upgrades over the last three years across the Portfolio 125 E. JOHN CARPENTER / 5100 N O CONNOR HERITAGE SQUARE I & II THE EMBASSY HIGHLY DESIRABLE LOCATIONS The Las Colinas assets will benefit from a strong amenity base with two high profile mixed-use developments - the Irving Music Factory and Gables Water Street developments The Embassy and 125 E. John Carpenter are located in Las Colinas, a preferred corporate address and is home to six Fortune 500 company headquarters Heritage Square I & II and Interchange Office Center are located at highly visible and prominent highway intersections along the Dallas North Tollway Heritage Square I & II and Interchange Office Center are surrounded by some of the most high end Far North Dallas neighborhoods, country clubs, and supporting retail MAJOR TENANTS Tenant Building Rentable SF % of Portfolio Lease Expiration Remaining Lease Term Industry Dept. of Homeland Security (GSA) 125 E John Carpenter Fwy 63, % May Government U.S. Secret Service (GSA) 125 E John Carpenter Fwy 45, % Nov Government TGI Friday's Interchange Office Center 45, % May Entertainment Fresenius Medical Care 125 E John Carpenter Fwy 36, % Jun Healthcare Argosy University Heritage Square I & II 30, % Aug Education Total 221, % 8.6 Years BOOMING DALLAS/FORT WORTH ECONOMY Dallas/Fort Worth created 135,400 jobs in 2016 and is projected to rank first in the country in new residents and new jobs from Led country in office absorption with over 4.0 million square feet absorbed in 2016 Recent corporate relocations and expansions include Toyota, FedEx, Liberty Mutual, 7-Eleven, and State Farm The Dallas/Fort Worth Metroplex unemployment rate is currently at 3.7%, well below the national average of 4.8%

4 EXECUTIVE SUMMARY ASSET OVERVIEW 125 E. John Carpenter / 5100 N O Connor Blvd is a Class A office complex totaling 442,003 square feet in Las Colinas premier location and most amenity rich node in the Urban Center. The complex is 81.5% leased with an average remaining lease term of 7.3 years and in-place rates that are on average 19.9% below market. The immediate location will benefit from $280 million of mixed-use developments under construction adjacent to the asset, including the Irving Music Factory and Gables Water Street Development, providing various retail, restaurant and entertainment amenities. The offering presents investors with the opportunity to acquire a Class A asset with significant upside that is positioned in one of the most dynamic locations within Dallas / Fort Worth. 4 INVESTMENT SUMMARY URBAN CENTER MIXED-USE LOCATION Highly walkable Unmatched amenity base More than 20 restaurants within walking distance 228% multifamily growth since 2006 with over 1,800 units currently under construction in Las Colinas 11,000 hotel rooms within a 5-mile radius including the Four Seasons Resort and Club Dallas at Las Colinas TENANCY 32.8% leased to credit tenants Market-leading tenant finishes Average remaining lease term of 7.3 years Balanced rent roll of various industries MAJOR TENANT CHART Tenant Building Rentable SF % of Property Homeland Security 125 EJC 63, % US Secret Service* 125 EJC 45, % Bio-Medical App 125 EJC 36, % Dent Zone Marketing Group 5100 NOC 25, % Springleaf General 125 EJC 24, % Major Tenants Total - 195, % Other Tenants - 164, % Available - 81, % Total - 442, % *Tenant's rental rate has been converted to a "Plus E" equivalent

5 INSTITUTIONAL QUALITY Institutionally developed and maintained Parking ratio of 3.12 per 1,000 square feet with structured parking Superior ingress/egress PROPERTY OVERVIEW Location: 125 East John Carpenter & 5100 North O Connor Irving, TX Office Market: Las Colinas Rentable Sq. Ft.: 125 EJC: 398,421 square feet 5100 NOC: 43,582 square feet DFWVALUE-ADD O F F I C E P O R T F O L I O 125 E. John Carpenter / 5100 N O Connor Blvd Significant recent capital upgrades totaling $4.8 million including improvements to elevators, lobbies, cooling tower, roof, and parking garage, among others TOTAL: 442,003 square feet Year Built: 125 EJC: NOC: 1983 Percent Leased: 125 EJC: 80.2% 5100 NOC: 93.7% TOTAL: 81.5% UPSIDE POTENTIAL Site: 6.32 acres 81.5% leased 38,455 square feet expiring before % below market No single tenant dominates the rent roll Parking Ratio: 3.1 : 1,000 SF Typical Floor Size: 125 EJC: +/- 25,000 square feet 5100 NOC: +/- 7,000 square feet # of Tenants: 24 Average Tenant Size: 15,012 square feet 5100 N O'Connor Blvd Initial Occ. Date Lease Expiration Remaining Term % Below Market Jun-15 May Years 30.5% Dec-15 Nov Years 30.4% Sep-16 Jun Years 3.4% Oct-07 Mar Years 18.2% Mar-17 Dec Years 6.9% Years 20.8% Years 18.9% Years 19.9% INVESTMENT SUMMARY 5

6 EXECUTIVE SUMMARY 228% MULTIFAMILY GROWTH Since 2006 with over 1,800 units under construction in Las Colinas HIDDEN DEVELO 1,800 Resi 60,000 SF 10,000 Wo DART Orange Line has 2,300 DAILY RIDERS VUE LAS COLINAS Darling Homes 133-house gated community development N. O'CONNOR BLVD. WATER STREET DEVELOPMENT 2017 EST. COMPLETION 14-ACRE MIXED-USE DEVELOPMENT 340 MULTI-FAMILY UNITS 60,000 SF OF RETAIL 125 EJC 5100 NOC $30.00 $28.00 $26.00 $24.00 $22.00 $20.00 DFW & URBAN CENTER/WINGREN CLASS A RENTAL RATE GROWTH 5.1% YoY Growth 4.7% YoY Growth JOHN W. CARPENTER FWY (140,000 VPD) $ DFW Overall Urban Center/Wingren Class A 6 INVESTMENT SUMMARY COLONIAL RESERVE AT LAS COLINAS APARTMENTS & RETAIL

7 RIDGE PMENT dences Retail rkers IRVING MUSIC FACTORY 2017 est. completion 20 restaurant and retail attractions Over 250 annual events 8,000-seat ampitheater 50,000 suare foot plaza 100% preleased Class A office building totaling 100K SF DFWVALUE-ADD O F F I C E P O R T F O L I O 125 E. John Carpenter / 5100 N O Connor Blvd WESTIN IRVING CONVENTION CENTER HOTEL UNDER CONSTRUCTION DELIVERS 2018 FUTURE HOTEL SITE FUTURE MULTIFAMILY SITE 120 UNITS FUTURE HOTEL SITE W. NORTHWEST HIGHWAY FUTURE MULTIFAMILY SITE UNDER CONTRACT FUTURE HOTEL SITE LAKE CAROLYN FUTURE MULTIFAMILY SITE UNDER CONTRACT INVESTMENT SUMMARY 7

8 EXECUTIVE SUMMARY ASSET OVERVIEW The Embassy (the Property ) is a 85.5% leased, 197,239 square foot, office tower located in Dallas / Fort Worth s Las Colinas submarket cluster. With average in-place rental rates 17.3% below market, potential investors can maximize returns by renewing existing tenants at market rates in addition to the lease up of existing vacancy. The Embassy presents investors with the opportunity to acquire an institutionally-maintained, cash flowing asset at a discount to replacement cost in one of the most dynamic economies in the United States. INSTITUTIONAL QUALITY ASSET WITH SUPERIOR INGRESS / EGRESS Institutionally owned and maintained Over $2 million invested on cosmetic and capital improvements since 2014 Adjacent to the intersection of SH 114 and SH 161 Exposure to 185,000 vehicles per day Immediate access to virtually every employment, residential, and amenity base in the Metroplex VIBRANT LAS COLINAS OFFICE MARKET Las Colinas had 583,000 SF of absorption in 2016, accounting 14% of the total DFW market absorption 18.9% rental rate growth since 2012 in Office Center submarket including 7.3% last year. 89.4% occupancy within the Office Center submarket YE 2016, 4.1% higher than the DFW average Since 2013, occupancy in the Office Center has averaged 90%, outperforming the broader DFW office market by over 400 basis points MAJOR TENANT CHART Tenant Rentable SF % of Property Quisitive (RBA) 20, % Regus Group 17, % ID Studio 4, LLC 13, % Teknion Data Solutions 9, % Major Tenants Total 60, % Other Tenants 108, % Available 28, % Total 197, % 8 INVESTMENT SUMMARY

9 DFWVALUE-ADD O F F I C E P O R T F O L I O STRATEGIC LOCATION / ATTRACTIVE AMENITY BASE Immediately adjacent to DFW International Airport Attractive amenity base featuring a deli, tenant lounge, and conference center Over 1,500 single family homes and 2,500 apartments planned or under construction Recent significant developments including The Irving Music Factory, Water Street, and Hidden Ridge UPSIDE POTENTIAL AT A DISCOUNT TO REPLACEMENT COST 85.5% leased Current tenancy is 17.3% below market Diverse tenant mix with no tenant larger than 11% of GLA Upcoming rollover provides opportunity to unlock upside of below market leases Opportunity to acquire at a significant discount to replacement cost PROPERTY OVERVIEW Location: 1431 Greenway Dr Irving, TX Office Market: Office Center / West LBJ Extension Rentable Sq. Ft.: 197,239 Year Built: 1982 Percent Leased: 85.5% Stories: 10 Site: 5.28 acres Parking Ratio: 3.3 : 1,000 SF Typical Floor Size: +/- 20,000 square feet # of Tenants: 31 Average Tenant Size: 5,330 SF THE EMBASSY Initial Occ. Date Lease Expiration Remaining Lease Term % Below Market Nov-11 Nov % Sep-02 Dec % Feb-11 Nov % Aug-08 Apr % % % % INVESTMENT SUMMARY 9

10 EXECUTIVE SUMMARY LUNA VISTA GOLF COURSE LAS COLINAS VILLAGE 133,000 SF of Retail Space including: THE LAKES AT LAS COLINAS HIGHWAY NORTHWEST JOHN W. CARPENTER FWY (140,000 VPD) DFW & OFFICE CENTER CLASS B OCCUPANCY 89.0% 88.0% 87.0% 86.0% 85.0% 84.7% 85.8% 86.9% 85.3% 86.7% 86.1% 88.5% 86.3% PROPOSED 36-ACRE MIXED USE DEVELOPMENT BY BLUE STAR LAND LP Up to 50,000 SF Boutique Retail 250 to 300 Apartments DFW AIRPORT LESS THAN 3.5 MILES 84.0% 83.0% 83.5% 83.8% T 1 Office Center Class B DFW Class B 10 INVESTMENT SUMMARY 65,000+ VPD

11 DFWVALUE-ADD O F F I C E P O R T F O L I O IRVING MUSIC FACTORY 2017 est. completion 20 restaurant and retail attractions Over 250 annual events 8,000-seat ampitheater 50,000 suare foot plaza 100% preleased Class A office building totaling 100K SF DALLAS CBD LAS COLINAS URBAN CENTER VUE LAS COLINAS Darling Homes 133-house gated community development COTTONWOOD VALLEY GOLF COURSE MARKET SQUARE RETAIL HIDDEN RIDGE DEVELOPMENT 1,800 RESIDENCES 60,000 SF RETAIL 10,000 WORKERS NORTH LAKE COMMUNITY COLLEGE THE EMBASSY DALLAS / LAS COLINAS HIDDEN RIDGE LAS COLINAS APARTMENTS HE EMBASSY 431 GREENWAY DR 163,000 INDUSTRIAL BUILT IN 2015 INVESTMENT SUMMARY 11

12 EXECUTIVE SUMMARY ASSET OVERVIEW Heritage Square I & II ( the Property ) is a two-building 367,362 square-foot office complex strategically positioned at the intersection of Dallas North Tollway and LBJ Freeway. The Project is 66.6% occupied and is poised to benefit from the recent completion of the $2.7 billion LBJ Freeway expansion project. The completion of this five year long infrastructure project coupled with a recently completed capital renovation project allows investors the opportunity to add value through the lease up of the remaining space and increase NOI via mark-tomarket rent increases in a rapidly improving submarket. CLASS A FINISHES WITH VALUE-ADD OPPORTUNITY 66.6% leased Current tenancy is 18.5% below market Diverse tenant mix with no tenant being larger than 10% of the GLA Over $5 million spent by existing ownership since 2014 for building upgrades including lobby renovations, a new fitness center, elevator modernizations, and building exterior improvements IMPROVING MARKET FUNDAMENTALS 15.2% increase in rental rates since the completion of the LBJ Freeway expansion in 2015 to year-end 2016 LBJ Freeway occupancy has grown 290 basis points since the completion of the LBJ Freeway expansion Over 600,000 square feet of positive absorption has occurred in the LBJ Freeway submarket since the completion of the LBJ Freeway expansion in 2Q 2015 MAJOR TENANT CHART Tenant Building Rentable SF Argosy University Heritage Square II 34,434 Birch Communications Heritage Square I & II 24,871 First Data Heritage Square II 19,600 Imprimis Group Heritage Square I 18,371 Maxim Healthcare Heritage Square II 17,402 Major Tenants Subtotal - 114,678 Other Tenants - 129,828 Available - 122,856 Total - 367, INVESTMENT SUMMARY

13 DFWVALUE-ADD O F F I C E P O R T F O L I O DALLAS AMENITY EPICENTER Proximity to highly desirable neighborhoods such as Preston Hollow, Bent Tree and the Park Cities Within minutes to some of Dallas premier retail developments: Galleria Dallas, Village on the Parkway, Restaurant Row in Addison, and Preston Center Over 30,000 apartment units within a 3-mile radius of the Property PROMINENT HIGHWAY VISIBILITY Corner of LBJ Freeway and Dallas North Tollway Exposure to over 390,000 vehicles per day PROPERTY OVERVIEW Location: 4835 & 5001 Lyndon B. Johnson Fwy. Dallas, TX Office Market: LBJ Freeway Rentable Sq. Ft.: 176,359 square feet (I) 191,003 square feet (II) 367,362 square feet Stories: 11 (I) 10 (II) Year Built: 1978 (I) 1980 (II) Percent Leased: 66.6% Site: acres Parking Ratio: 3.22 : 1,000 SF % of Property $2.7 billion LBJ Freeway expansion completed in 2015 LBJ Freeway projected to reach 500,000 vehicles per day by 2020 Initial Occ. Date Lease Expiration Remaining Term % Below Market 9.4% Jan-09 Aug % 6.8% May-01 Mar % 5.3% Oct-08 Jun % 5.0% Aug-02 Apr % 4.7% Jun-10 Mar % 31.2% % 35.3% % 33.4% % % INVESTMENT SUMMARY 13 HERITAGE SQUARE I & II

14 EXECUTIVE SUMMARY PRESTON FOREST SHOPPING CENTER Pres Hol Jamestown Park Lincoln Centre H St. Ri Catholic S Dallas North Tollway 120,000 Mill Creek Residential's Multifamily Development Site 321 Units 4 Acres DFW & LBJ CLASS A RENTAL RATE GROWTH $28.00 $27.00 $26.00 $25.00 $24.00 $23.00 $22.00 $21.00 $20.00 $19.00 $ % YoY Growth 4.7% YoY Growth DFW Overall LBJ Class A DALLAS GALLERIA 1.8 million sf retail +200 stores HERITAGE SQ Broadstone Parkway Apartments 14 INVESTMENT SUMMARY

15 DFWVALUE-ADD O F F I C E P O R T F O L I O ton low VPD Jesuit igh School ta chool University Park Highland Park Downtown Dallas Preston Center Old Preston Hollow FORESTWOOD SHOPPING CENTER The Hockaday School Welch Rd Nathan Adams Elementary Love Field Airport W.T. White High School LBJ Freeway 270,000 VPD Clay Cooley Nissan HERITAGE SQUARE I & II UARE I & II Elan City Centre Luxury Apartments Distribution Center INVESTMENT SUMMARY 15

16 EXECUTIVE SUMMARY ASSET OVERVIEW Interchange Office Center ( the Property ) is a Class A office building totaling 153,024 square feet positioned in Dallas/Fort Worth s prominent Far North Dallas office market. The Property offers stability with strong, long term cash flows from existing tenancy and upside potential through the lease-up of existing vacancy. Located at the intersection of the Dallas North Tollway and President George Bush Turnpike, the Property benefits from being in the crosshairs of booming North Dallas growth. The Property offers investors the prospect of acquiring an attractive, Class A value-add office building located in the dynamic Far North Dallas office market at a basis well below replacement cost. 16 INVESTMENT SUMMARY ATTRACTIVE VALUE-ADD OPPORTUNITY 75.1% leased Average remaining lease term of nearly 3.5 years TGI Friday s anchors the rent roll with 30% of the building on a recently executed 11-year lease term PROMINENT SUBMARKET Positioned in the Far North Dallas submarket, one of DFW s strongest office submarkets Far North Dallas Class A rental rates have grown on average 5.1% over the last five years The Property is in the Upper Tollway market within the Far North Dallas office market and demands a rental rate premium 21.3% higher than DFW Averaged 1.2 million square feet of annual net absorption since 2010 and has never had a year of negative absorption MAJOR TENANT CHART Tenant Rentable SF % of Property TGI Friday's 45, % Digital Intelligence Systems (DISYS) 30, % TEOCO (Aircom International) 17, % Next Step Recruiting 3, % Major Tenants Subtotal 96, % Other Tenants 18, % Available 38, % Total 153, %

17 DFWVALUE-ADD O F F I C E P O R T F O L I O POSITIONED IN THE HEART OF BURGEONING FAR NORTH DALLAS Major corporations that call Far North Dallas home include Toyota, Liberty Mutual, FedEx, JP Morgan, Dr. Pepper Snapple Group, J.C. Penney, and many more 27.5 million square feet of retail within a 5-mile radius that is 96% leased Within minutes of the Property are major shopping destinations such as the Shops at Legacy, Stonebriar Centre, Shops at Willowbend, Galleria Dallas, Village on the Parkway and Restaurant Row in Addison Prominent neighborhoods such as Bent Tree, Willowbend, and Estates of Gleneagles are located within minutes of the Property Nearly 36,000 apartment units within a 3-mile radius of the Property PROPERTY OVERVIEW Location: Dallas Pkwy. Dallas, TX Office Market: Far North Dallas Rentable Sq. Ft.: 153,024 square feet Stories: 3 Year Built: 1997 Percent Leased: 75.1% Site: 6.93 acres Parking Ratio: 3.5 : 1,000 SF STRONG LONG TERM CASH FLOW TGI Friday s is 30% of the GLA and a nationally recognized tenant TGI Friday s accounts for 31.1% of the total potential revenue over a 10-year period The tenants have been at the Property for an average of 7 years with the exception of TGI Friday s Initial Occ. Date Lease Expiration Remaining Term % Below Market Mar-16 May % May-11 Mar % Jul-08 Aug % Apr-16 Sep % % % % INVESTMENT SUMMARY 17 INTERCHANGE OFFICE CENTER

18 EXECUTIVE SUMMARY Hall Office Park Frisco Station The Star The Gate Legacy West The Clubs of Prestonwood The Shops at Willowbend Air Park-Dallas Airport International Business Park Brazos Apartment Homes The Ashmore at Horizon North 4343 at the Parkway Apartments Rosemeade Parkway $30.00 $28.00 $26.00 $24.00 $22.00 $20.00 $18.00 $16.00 DFW & FAR NORTH DALLAS RENTAL RATE GROWTH % YoY Growth 4.7% YoY Growth INTERCHANG OFFICE CENTE DFW Far North Dallas The Brixton Apartmen 18 INVESTMENT SUMMARY

19 DFWVALUE-ADD O F F I C E P O R T F O L I O Wade Park Shops at Legacy Granite Office Park Stonebriar Mall Willowbend Gleneagles Country Club Audi Plano Colonnade at Willow Bend President George Bush Turnpike 96,000 VPD Gramery on the Park Dallas North Tollway 190,000 VPD Crestmont Reserve Apartments E R Parkway Place Apartments Haverly Park Apartments ts Haverwood Lane Stone Ridge Apartments INVESTMENT SUMMARY 19 INTERCHANGE OFFICE CENTER

20 DFW VALUE-ADD O F F I C E P O R T F O L I O ADDITIONAL INFORMATION ANDREW LEVY Senior Managing Director alevy@hfflp.com ADAM KRAUS Analyst akraus@hfflp.com TODD SAVAGE Managing Director tsavage@hfflp.com ALEX DE LARREA Analyst adelarrea@hfflp.com CHRIS MURPHY Associate Director cmurphy@hfflp.com STEVEN KIMOSH Analyst skimosh@hfflp.com PARKER MCCORMACK Associate pmccormack@hfflp.com Debt Contact: STEVE HELDENFELS Managing Director sheldenfels@hfflp.com 2323 Victory Avenue Suite 1200 Dallas, TX Holliday Fenoglio Fowler, LP ( HFF ) and HFF Securities LP ( HFFS ) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 24 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, 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 properties to market them for sale. Information concerning the properties 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.