UNION BOWER BUSINESS PARK IRVING, TEXAS

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1 6 BUILDIGS 303,687 SF BUSIESS PARK SETTIG UIO BOWER BUSIESS PARK IRVIG, TEXAS 94.9% LEASED IFILL LIGHT IDUSTRIAL PORTFOLIO

2 OVERVIEW Stream Realty Partners is pleased to present the Union Bower Business Park for sale on an exclusive basis to qualified investors. The Portfolio is 94.9% occupied to 21 tenants with an average remaining lease term of 3.47 years. Comprised of six (6) contiguous buildings within a acre business park, the Union Bower Business Park is located in the South Stemmons Industrial Submarket of the greater DFW Metropolitan area, a 79.3 million square foot industrial market located in the heart of Dallas, Texas. The Portfolio contains approximately 303,687 square feet of rentable space spread across 6 buildings ranging in size from 30,970 to 64,672 square feet, boasting a variety of loading types, clear heights and office and HVAC finish outs. The Union Bower Business Park is centrally located near Loop 12, Highway 183, Highway 114, Interstate 35 and Interstate 30, providing direct access to the Dallas / Fort Worth International Airport, Dallas Love Field Airport and Downtown Dallas. PORTFOLIO HIGHLIGHTS Best-In-Class Industrial Product for the Submarket Dock High and Grade Level Loading as well as Ramped Docks Front Load, Rear Load and Cross-Dock Functionality Shared Truck Courts Ranging from 150 to 188 Feet in Depth All Buildings are 100% Sprinklered and on Individual Parcels Excellent Access to Interstate 35 & 30, Highway 183 & 114 & Loop 12 Clear Heights Ranging from 18 to 26 Feet; Heavy Power Available ew Roofs on Buildings 200, 400 & 300 (Replaced in 2013, 2015 & 2016, respectively). IVESTMET HIGHLIGHTS Stable Occupancy at 94.9% Centralized Location in the South Stemmons Industrial Submarket with a Current Vacancy Rate of 4.0% Strong ational, Regional and Local Tenancy Diversification of Suite Sizes and Expirations Average Tenant Tenure at the Project in Excess of 10 Years Largest Tenant Equates to Approximately 11.2% of the et Rentable Area Infill Location with Scarcity of Land Limits ew Development Competition

3 PORTFOLIO SUMMARY Property Address Rentable Area Occupancy Suites Tenants Office % HVAC % Built Clear Height 200 Union Bower Court 59,330 SF 100% % 60.3% ' 300 Union Bower Court 54,000 SF 100% % 9.0% ' 400 Union Bower Court 58,540 SF 100% % 15.1% ' Union Bower Road 64,672 SF 100% % 43.9% '-26' Union Bower Road 36,175 SF 100% % 49.4% ' Union Bower Road 30,970 SF 50% % 7.3% ' Union Bower Business Park 303,687 SF 94.9% % 32.3% 18-26' E. UIO BOWER ROAD UIO BOWER ROAD

4 IVESTMET HIGHLIGHTS 94.9% LEASED PORTFOLIO WITH FURTHER UPSIDE AD STROG TEAT RETETIO The rent roll consists of tenants with long tenures at the business park, which is attributed to the unique and centralized location and best in class functionality for the submarket. The average remaining term of the existing rent roll at the Portfolio is 3.47 years. The historically strong retention rate, as evidenced by an average tenant tenure in excess of 10 years, leads to reduced re-tenant costs, further promoting strong cash flows for future ownership. Greater than 87% of in place tenants have contractual rental rate increases, securing the continued income growth without a reliance on external market factors. The expiration schedule is properly dispersed over the next seven years, with no single fiscal year realizing greater than 31% rollover, allowing for predictable cash flow and an opportunity to grow rental rates. FUCTIOAL AD VARIED LOW OFFICE FIISH-OUT The Union Bower Business Park is strategically designed to meet the needs of a wide array of tenants that create the deep demand base for the Portfolio. The flexibility in suite sizes, office/hvac finish, and clear height, in addition to an established central location, puts the Union Bower Business Park in a great position for future demand. High Low Average Suite Sizes 23,760 SF 4,160 SF 12,654 SF Office Finish 64% 0% 20% HVAC Finish 100% 0% 32% Clear Height 26' 18' 22' CORE IFILL, IDUSTRIAL SUBMARKET LOCATIO The South Stemmons Industrial Submarket continues to attract and retain tenants due to its centralized location in the largest infill industrial submarket in Dallas coupled with affordable pricing when compared to competitive submarkets boasting new developments and newer vintage product. The submarket ended the first quarter of 2016 with a 4.0% vacancy rate, substantially lower than the overall Dallas / Fort Worth industrial vacancy rate of 6.7%, a result of strong activity across all product types along with the constrained supply of functional industrial product. This Landlord-skewed market trend has also resulted in increased lease rates. LOADIG TYPES DOCK-HIGH GRADE-LEVEL RAMPS STROG ATIOAL, REGIOAL AD LOCAL TEACY The Portfolio is currently 94.9% leased to 20 tenants (23 leases as a result of expansions) with an average remaining lease term of 3.47 years. Of the 23 in-place leases, 20 of them include contractual rent increases, equating to predictable and significant net income growth with no associated expenses. The quality of tenancy in the Portfolio, consisting of national, regional and local companies, reflects the strongest tenancy s flight to quality and demand for a well maintained, institutional quality industrial product.

5 DOWTOW DALLAS L OVE F IE LD A IR P OR T M E D I C A L C O RRIDOR 35E S. STEMMOS IDUSTRIAL SUBMARKET REGAL ROW TRI ITY RIVER OAD R R E OW 1101 IO B 5 2 U IVESTMET SALES Jamie Jennings Managing Director jjennings@streamrealty.com PIO EE R D RIV E E. U IO BO W ER RO AD LEASIG EXPERTS James Mantzuranis Senior Associate jmantzuranis@streamrealty.com Caitlin Clinton Senior Financial Analyst caitlin.clinton@streamrealty.com Ryan Boozer Senior Vice President ryan.boozer@streamrealty.com Todd Poticny Associate todd.poticny@streamrealty.com