For Sale Multifamily Development Opportunity Concept Plan for 320 units Acres W 127 th St and Rte. 59 Plainfield, Illinois

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1 For Sale Multifamily Development Opportunity Concept Plan for 320 units Acres W 127 th St and Rte. 59 Plainfield, Illinois

2 Agency Disclosure EXCLUSIVE AGENT Colliers International ( Seller s Agent ) is the exclusive agent for the owner and seller ( Seller ) of Pulte Homes Development Site ( The Property ). Please review, execute and return the Confidentiality Agreement to receive access to the confidential property information. Please contact us if you have any questions. DESIGNATED AGENTS The designated agents for the Seller are: Brian Pohl Gregory J. Pacelli, SIOR W. Mark Dolemba Executive Vice President Principal Senior Vice President Brian.Pohl@Colliers.com Greg.Pacelli@Colliers.com Mark.Dolemba@Colliers.com DIR DIR DIR Tyler Hague, LEED AP Jack Maloney Associate Financial Analyst Tyler.Hague@Colliers.com Jack.Maloney@Colliers.com DIR DIR Colliers International Disclaimer This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s) All rights reserved.

3 Investment Overview Property Highlights Acre site concept planned for up to 320 multifamily units 1,775 jobs within walking distance of the Property 78% growth in Plainfield population since 2000 Shortage of rental supply less than 400 units delivered since 2000 Investment Summary The Property has superior access to numerous large employers as well as multiple firms within walking distance. The Property is within immediate proximity (.75 miles) to roughly 1,775 jobs, including nearby Edward Hospital, The Park at Plainfield senior living community, Plainfield North High School, Heritage Grove Middle School, and Walmart. All are within walking distance of the site. Biageo Global Supply, located roughly 3 miles due south of the site, has over 500 employees. Additionally, First Transit Inc., Jewel-Osco, Meijer, Plainfield Central High School, and Wal-Mart are all located within 4 miles of the location and each employ over 250 individuals. The Plainfield market also boasts expansive growth in recent years. The population has grown 4.92% since 2010 and 78.82% since 2000, to a notable 41,528 residents. Projections indicate that the population in the town of Plainfield will grow an additional 6.35% over the next 5 years. Within the immediate vicinity of the Property (.75 miles) the population grew 507% between and an additional 7.98% since then. The extensive growth over the past 15 years has triggered a need for increased development in the area. Thus far, most of that development has been single family homes, with less than 400 rental units being delivered since This shortage of supply creates an opportunity for significant apartment development in the area as population trends continue to increase and employment remains robust.

4 Property Features Acres: PIN: Concept planned for buyer to develop 320 multifamily dwelling units Walking distance to schools, hospital, senior living, and retail Plainfield Demographics Socio-Economic Data Population: 41,528 Median Age: 35.0 Median Household Income: $115,015 Average Household Income: $146,171 Total Employment: 29,522 Median Value Single Family House: $222,800 Total Housing Units: 12,532 Total Households: 12,429 Average Household Size: 3.14 Population Change Since % Est. Population Change by % Accessibility: Route 59...Immediate Area Schools...Immediate Lincoln Highway...Immediate Edward Medical Group...Immediate Pace Bus Stop...3 miles Metra Train Line...9 miles I miles I miles Chicago Midway Airport...33 miles O Hare International Airport...41 miles Chicago Loop...40 miles Recent Land Sales Plainfield Area Date Property Acres SF Actual Price Per Price Acre 5/12/ W Normantown Rd. Romeoville 4/23/ Airport Rd. Romeoville 4/2/2014 I-55 & Veterans Pkwy - Bolingbrook 3/17/2014 Windham Pkwy & Veterans Pkwy 2/28/ S Joliet Rd - Bolingbrook Price Per SF Zoning ,785 $2,450,000 $229,616 $5.27 PUD ,400,541 $3,571,331 $111,076 $ ,990 $2,143,000 $94,198 $2.16 IND ,488 $3,200,000 $248,254 $5.70 IND ,356 $2,330,000 $139,157 $3.19 Commercial

5 Rent Analysis Plainfield Area AMLI at River Run 1015 Preserve Avenue - Naperville Glenmuir 2604 Rockport Lane - Naperville Springs at 127th W 127th Street - Plainfield The Meadows at River Run 350 Whitewater Drive - Bolingbrook Innsbruck 601 Preston Drive - Bolingbrook Average # of Units Year Built / Renovated Studio Effective Rent $1,070 $770 $920 Sq Ft Rent PSF $1.70 $1.45 $1.58 One Bedroom Effective Rent $1,217 $1,233 $1,177 $1,157 $795 $1,116 Sq Ft Rent PSF $1.62 $1.44 $1.41 $1.46 $1.08 $1.40 Two Bedroom Effective Rent $1,298 $1,434 $1,588 $1,380 $1,066 $1,353 Sq Ft Rent PSF $1.17 $1.23 $1.39 $1.26 $1.13 $1.24 Three Bedroom Effective Rent $1,425 $2,125 $1,787 $1,750 $1,772 Sq Ft Rent PSF $1.25 $1.55 $1.29 $1.39 $1.37

6 Site Plan The Property for sale consists of the lower right portion of the concept plan and contains the following o Multifamily Residential Acres Internal R.O.W 1.19 Acres Open Space 9.63 Acres Units 320 Density DU/Acre Parking Garage 132 Surface 353 Total 485

7 Local Aerial

8 Area Map

9 AREA OVERVIEW Regional Map

10 AREA OVERVIEW Please Colliers International Principal Confidentiality Agreement Colliers International ( Sales Agent ), has available for study certain information ( Evaluation Materials ) regarding S 248 th Avenue, Plainfield, IL Property ) and its Owner ( Owner ). We are prepared to furnish the Evaluation Materials to you in connection with discussions concerning your possible investment in the Property only on the condition that you agree to treat the Evaluation Materials confidentially and agree specifically as follows: 1. The Evaluation materials furnished to you will not be used for any purpose other than to evaluate a possible investment in the Property by you as a Principal exclusively for your own account; 2. You will not make any of the Evaluation Materials available, or disclose or distribute, either orally or in writing, any of the contents of the Evaluation Materials, to any person other than your counsel, analyst(s), equity partner(s), or potential lender(s) (hereinafter Excluded Persons ); 3. You will not disclose to any person, other than Excluded Persons, either the fact that discussions or negotiations are taking place concerning a possible investment in the Property by you or any of the terms, conditions or other facts with respect to any such possible investment, including the status thereof; 4. You agree that you will not contact the tenants or property management staff of the Property in connection with your review of the Evaluation Materials. Any and all questions related to the Evaluation Materials must be directed solely to Brian Pohl or Tyler Hague at Colliers International; 5. You acknowledge that neither the Seller, nor Colliers International, nor any affiliate of either of such persons, nor any partner, director, officer, employee, agent of or consultant to any such persons (collectively, Seller Agent ) has made any representation or warranty as to the completeness or accuracy of the Evaluation Materials, and any representation or warranty in connection therewith is hereby expressly excluded. The Evaluation Materials provided to you are subject to, change of price or terms, withdrawal from market without notice, and prior sale. You agree that the Seller/Agent shall have no liability to you resulting from the delivery to, or use by you of the Evaluation Materials or otherwise with respect thereto, and you agree to defend, indemnify and hold the Seller/Agent and Owner harmless from and against all loss, damage or expense sustained or incurred by Seller/Agent by reason of any unauthorized distribution or disclosure of the Evaluation Materials by you; 6. We may elect at any time to terminate access to the Evaluation materials, and you agree that you will, following any request by us or if you do not wish to invest in the Property, promptly redeliver to us all written Evaluation Materials and any other written material (and agree to delete any analyses contained in a database or spreadsheet type format) containing information in the Evaluation Materials and will not retain copies of such written material. You agree at Seller/Agent s request to execute a certification confirming that all Evaluation Materials have either been returned and/or destroyed; 7. You acknowledge that you have not dealt with any broker other than Colliers International concerning investment in the Property; 8. You understand and acknowledge that any disclosure or misappropriation of any of the Evaluation Material in violation of this Agreement may cause Owner irreparable harm, the amount of which may be difficult to ascertain, and therefore agrees that Owner shall have the right to apply to a court of competent jurisdiction for specific performance and/or an order restraining and enjoining any such further disclosure or breach and for such other relief as Owner shall deem appropriate. Such right of Owner is to be in addition to the remedies otherwise available to Owner at law or in equity; 9. This Agreement shall continue in full force and effect at all times; 10. This Agreement and each party s obligations hereunder shall be binding on the representatives, assigns, and successors of such party and shall inure to the benefit of the assigns and successors of such party; provided, however, that the rights and obligations of Recipient hereunder are not assignable; 11. This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois. The parties hereby irrevocably consent to the jurisdiction of the federal, state and county courts located in Chicago, IL., Cook County; or county courts of Cook County or, in any action arising out of or relating to this Agreement, and waive any other venue to which either party might be entitled by domicile or otherwise; 12. If any action at law or in equity is brought to enforce or interpret the provisions of this Agreement, the prevailing party in such action shall be awarded its attorneys fees and costs incurred; 13. This Agreement expresses the full and complete understanding of the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous proposals, agreements, representations and understandings, whether written or oral, with respect to the subject matter. This Agreement may not be amended or modified except in writing signed by each of the parties to the Agreement; 14. All notices required or permitted hereunder shall be in writing, and shall be deemed delivered: (a) when hand delivered, (b) when sent by prepaid express or courier delivery service, (c) when send by facsimile transmission actually received by the receiving equipment, or (d) three days after deposit in the US Mail, certified, postage prepaid, return receipt requested, in each case address set forth below the respective signatures below, or to such other address as shall be designated by notice duly given;

11 AREA OVERVIEW 15. Each person signing below on behalf of a party represents that they have the authority to execute on behalf, and therefore bind, such party; 16. This Agreement may be executed in any number of counterparts, each of which shall be identical and all of which, taken together, shall constitute one and the same instrument. This Agreement may be executed by electronic signature or facsimile transmission and each party to this Agreement agrees that it will be bound by its own electronic or facsimile signature and that it accepts the electronic or facsimile signature of each other party to this Agreement as fully binding as if original signatures were affixed to the Agreement; and 17. The parties agree and understand that no contract or letter agreement providing for or with respect to the entering into or consummation of the sale of the Property or any other transaction will be deemed to exist between the parties or their affiliates by virtue of this Agreement unless and until a definitive agreement has been executed and delivered with respect thereto. The parties agree that unless and until a definitive agreement has been executed and delivered, neither party will have any legal obligation of any kind whatsoever with respect to the Project or other transaction or otherwise by virtue of this Agreement, except for matters expressly stated herein. Please acknowledge your agreement to and acceptance of the foregoing by signing where indicated below and returning one (1) executed copy of the Agreement via facsimile ( ) or to Brian Pohl at brian.pohl@colliers.com or Tyler Hague at Tyler.Hague@Colliers.com ACCEPTED AND AGREED TO THIS DAY OF, 2014 Company: By: Signature: Its PLEASE SEND OFFERING MEMORANDUM TO: Name: Title: Company: Address: Address: Phone: Fax: