THE PIZITZ BUILDING BIRMINGHAM, ALABAMA

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THE PIZITZ BUILDING BIRMINGHAM, ALABAMA LEASE 1821 2nd Avenue North Birmingham, AL 35203 Projected Opening: 2012 OWNERSHIP Bayer Properties, LLC SIZE Office Space: 168,000 SF Retail: 22,000 SF SUITABLE USE Professional office suites starting at 3,000 sf PARKING Attached parking deck: 375 cars LEASE RATE $25.50 PSF, Full Service Information deemed reliable, but not guaranteed. EXCLUSIVE AGENT Dan Lovell, SIOR, LEED AP 205.871.7100 danl@grahamcompany.com Long an icon in the city center, the redevelopment of the Pizitz Building will be a cornerstone in the current revitalization of the area. AMENITIES INCLUDE Convenience Attached seven-level parking deck with 375 spaces (one parking spot per 500 sf) Public parking nearby (in addition to our attached parking) Easy highway access to I-20/59, I-65 and Highway 31/280 Public transportation access Restaurants on-site, plus more than 80 restaurants within a one-mile radius Planned grocery and other retail amenities on-site Within walking distance of numerous downtown destinations like The McWane Center Private workout facilities for office employees Security 24-hour security building and parking deck Police headquarters within one block Within the CAP (City Action Partnership) patrol and service area State-of-the-Art Multiple high-bandwidth fiber-optic networks On-site maintenance Pursuing LEED (Leadership in Energy and Environmental Design) certification 110 Office Park Drive Suite 200 Birmingham, AL 35223 TEL 205.871.7100 FAX 205.871.3331 grahamcompany.com 5/17/11J A Development by bayerproperties.com

Another Quality Development Address for SUCCESS!

Work, Shop and Play The Pizitz WAY! Standing at the corner of 2nd Avenue and 19th Street, right in the heart of Birmingham s historic retail and theater district, is a classic building that embodies the very best of what downtown Birmingham once was and will soon be again. Built in 1923, The Pizitz Building was home to Pizitz, the premier department store in the region for decades. Countless Birmingham natives have fond memories of shopping and dining in this elegant space. And soon, new generations will once again enjoy the hustle and bustle this redevelopment promises to bring to the area. The Pizitz Building is bringing a vital mix of world-class office, retail and restaurant space to the heart of downtown. By any yardstick, it measures up to be the next prime professional business address in Birmingham. Just imagine a place where people can work, shop and play in a unique, revitalized urban setting. A place where lunch with friends in a sidewalk café, shopping and a truly inspiring place to work all come together beautifully. Well, it s time to stop imagining, because it s all coming to life before your eyes.

Project Overview The Pizitz Building has seven floors and a lower level that will support a mix of uses in a truly unique architectural setting. The six upper floors will be dedicated to professional offices, while the street level will provide space for a carefully planned mix of retail, restaurants and a specialty grocery market. Additional building amenities, services and storage will be housed in the lower level. In addition, a convenient and secure attached parking facility completes the package by making parking a snap. 211,238 total sq feet 168,779 office 22,670 retail (can be expanded to approximately 45,000 sq feet) 19,789 storage and building amenities Attached seven-level parking deck with 375 spaces (one parking space per 500 sq feet)

The Amenities Expect cutting-edge service, security and convenience. Everything your business needs to put its best foot forward every day. Convenience Life moves fast. But when your office offers convenience like this, it just doesn t feel quite so hectic. Attached seven-level parking deck with 375 spaces (one parking space per 500 sq feet) Public parking nearby (in addition to our attached parking) Easy highway access to I-20/59, I-65 and Highway 31/280 Public transportation access Restaurants on-site, plus more than 80 restaurants within a one-mile radius Planned grocery and other retail amenities on-site Private workout facilities for office employees Security The safety of our tenants and visitors is important to us. So we ve covered all the bases. 24 hour security building and parking deck Police headquarters within one block Within the CAP (City Action Partnership) patrol and service area State-of-the-Art The Pizitz Building makes your office as simple as plug and play. What s more, we ve paid attention to living greener and minimizing our impact on the environment. Multiple high-bandwidth fiber-optic networks On-site maintenance Pursuing LEED (Leadership in Energy and Environmental Design) certification Revitalized Urban Experience One of the most exciting aspects of The Pizitz Building is its prime location in an area that is poised to be the next happening spot in Birmingham. The potential is limitless. Within walking distance of numerous downtown destinations like the new Railroad Park, The Alabama Theatre, The Carver Theatre and The McWane Science Center Pedestrian friendly hardscape and green spaces to encourage community interaction 80,000 employees in Birmingham s Central Business District (CBD) 35,000 employees in the downtown s northside business area 13 law firms Eight major banks with national or regional headquarters

Our Tenants: We re very excited about the mix of businesses that are coming to The Pizitz Building. What s more, we couldn t be happier with the fact that Baker, Donelson, Bearman, Caldwell & Berkowitz, PC will fill a leading space in The Pizitz Building. This forward-thinking law firm was recently named one of Fortune s 100 Best Companies to Work For, and having them in the building greatly enhances our community. We re also pleased to announce that Bayer Properties corporate offices will be moving into the building as well. It s a great start, and now is the time to make your move to join us. Suitable uses: Professional office suites starting at 3,000 sq feet Restaurant Gourmet grocer and café Florist/specialty gifts Newspaper/sundries Travel services Specialty retail

2ND AVENUE NORTH conceptual street level Floor space FINANCIAL SERVICES NEWS / SUNDRIES GIFTS / FLORIST RESTAURANT TRAVEL AND COMMERCIAL SERVICES MARKET 19TH STREET RETAIL SERVICE ORIENTED RESTAURANT

conceptual Multi-Tenant space 3285 SQUARE FEET 4389 SQUARE FEET 3217 SQUARE FEET 4646 SQUARE FEET 3076 SQUARE FEET 2349 SQUARE FEET 2533 SQUARE FEET

conceptual Single Tenant space RECEPTION FILE ROOM FILE ROOM COPY CENTER FILE ROOM BREAK ROOM CONFERENCE ROOMS SUPPORT SPACE OFFICES OPEN OFFICES

HWY 31/280 AlAbAMA theatre I-20/59 McWANe center US Post Office Birmingham/Jefferson Civic Center 2nd Avenue North birmingham Green Birmingham City Hall Pizitz Building existing Parking lot 1st Avenue North 20th Street Our Management Philosophy 19th Street 18th Street Pizitz Parking Regions Bank Hugo Black Courthouse Founded in 1983, Bayer Properties is experienced in the creation of regional shopping destinations, retail and office properties. We specialize in managing multi-use destinations that encourage retail, recreation and business to flow together, maximizing the synergies between lifestyle components to create an enjoyable atmosphere where people can live, work and play. McWane Center Theater District What s more, we are partnering with clients to improve the quality of life in our communities and to bring much-needed revitalization to urban centers. Central to our philosophy is the desire and know-how to shape destinations of substance that are responsive to the needs of the marketplace. In addition, we re deeply committed to our tenants, because your success is our success. Birmingham Civil Rights Institute UAB Kirklin Clinic Railroad Park I-65 University of Alabama Birmingham Campus UAB Hospital

Office Leasing 205.871.7100 2222 Arlington Avenue Birmingham, AL 35205 phn. 205.939.3111 phn. 800.89.bayer fax. 205.795.4163 bayerproperties.com