5626 FRANTZ ROADDUBLIN, OHIO

OFFERING MEMORANDUM

43,000 SF • ABSOLUTE NNN LEASE TO SINGLE TENANT • 100% OCCUPIED

The information contained in this Offering Memorandum is confidential and is provided for the solepurpose of allowing persons to evaluate whether there is interest in proceeding with further discussionswith the owner regarding a possible transaction with respect to 5626 Frantz Road (the “Property”). Theinformation contained herein shall not be photocopied or disclosed to any other party and shall not beused for any other purpose. If the person receiving this Offering Memorandum does not choose topursue such a transaction, this Offering Memorandum shall be returned to Jones Lang LaSalle.

Neither the owner, nor Jones Lang LaSalle, nor any of their officers, directors, employees or agents,assume any responsibility or make any representations or warranties, whether express or implied, byoperation of law or otherwise, with respect to the Property or this Offering Memorandum or anyinformation or statements (including financial statements and the condition, quality or fitness of theProperty. Such information and statements have in many circumstances been obtained from outsidesources, have not been tested or verified and may be subject to errors or omissions. Projections, inparticular, are based on various assumptions and subjective determinations as to which no guaranty orassurance can be given. Without limiting the foregoing, in the event this Offering Memorandum containsinformation relating any hazardous, toxic or dangerous materials in relation to the Property, suchinformation shall in no way be construed as creating any warranties or representations, express or

implied, by operation of law or otherwise, by any party, as to the existence or non-existence or natureof such materials in, under, on or around the Property. Potential investors are urged to perform theirown examination and inspection of the Property and information relating to same, and shall rely solelyon such examination and investigation and not on this Offering Memorandum or any information ormaterials contained herein or otherwise provided.

The only party authorized to represent the owner of the Property is Jones Lang LaSalle, and theowner shall not be obligated to pay any fees or commissions to any other advisor, broker orrepresentative. Any party entering into a transaction with the owner shall be obligated to pay anyfees or commissions due any advisors, brokers or representatives, other than Jones Lang LaSalle,dealing with such party. This Offering Memorandum is provided subject to prior sale or lease, changeof price or terms and other changes to the materials, statements and information contained herein orrelating to the Property, and is subject to withdrawal, all without notice or any liability. In no eventshall the delivery or receipt of this Offering Memorandum be deemed to create any legal obligation toenter into any transaction with respect to the Property, and only a definitive agreement signed by allparties shall create a binding commitment to enter into a transaction.

5626 Frantz Road

65 East State StreetSuite 550Columbus, OH 43215

Primary Contacts

Collin WheelerVice President+1 614 460 4491Collin.Wheeler@am.jll.com

Peter HarwoodExecutive Vice President+1 312 228 2124Peter.Harwood@am.jll.com

Debt Contact

Keith LargayExecutive Vice President+1 312 228 3111Keith.Largay@am.jll.com

Table of ContentsSection IExecutive Summary

Section IIProperty Overview

Section IIIColumbus Metropolitan Overview

Section IVColumbus Office Market Overview

Section VFinancial Overview

Section VITransaction Guidelines

EXECUTIVE SUMMARYSection I

EXECUTIVE SUMMARY

IntroductionJones Lang LaSalle has been exclusively retained to market for sale the fee-simple interest in 5626 Frantz Road, Dublin, OH (the “Property”). The 100%leased Property serves as a regional operations center for Transworld Systems,Inc. (“TSI”), totaling 43,000 square feet of office space on 6.63 acres in thedesirable Dublin market. The Property is located within 1-mile of Downtown OldDublin and Tuttle Crossing Mall, as well as 1-mile from I-270.

The OfferingThe Property is 100 percent leased on a triple net basis to TSI through March 31,2019 and TSI has fully occupied the asset since it was constructed in 1986,providing historic income stability on prime real estate in the affluent Dublinsubmarket. The 2-story brick building offers the highest parking ratio in the entireCentral Ohio office market at 11.27 spaces per 1,000 square feet (485 spaces),making it an ideal setup for any dense user or call center. TSI’s recent leaseextension in April of 2014 continued their long-term commitment to the asset.

The Property serves as a regional operations center for Transworld Systems, Inc.TSI is an industry leader in providing clients with successful business processoutsourcing (BPO) solutions. The outsourcing portfolio includes accountsreceivable management, customer management services, and back officeservices for a diversified customer base. TSI was founded in 1926 and operatesover 100 centers across the globe in support of client BPO solutions. TSIproduces revenues of over $500 Million annually.

Transaction Summary

Square Feet 43,000

Properties 1

Tenants 1

Occupancy 100%

Tenant Transworld Systems, Inc.

Lease Type: Absolute triple net

Lease Expiration: March 31, 2019

In-Place NOI $387,000 ($9.00 per SF)

Offering Highlights• Highest parking ratio in the Columbus region (11.27 spaces per 1,000 rsf)• Below-market NNN rent to a single-tenant since building was built in 1986• Minimal Landlord responsibilities• Institutional-quality construction; developed by Daimler Group• Located in the desirable Dublin submarket wither great interstate access• Versatile building design – easily adapted to multi-tenant use• Open office environment consistent with tenant demands of today 5626 Frantz Road

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PROPERTY OVERVIEWSection II

PROPERTY OVERVIEW

Property Description

Address: 5626 Frantz Road - Dublin, Ohio 43017

Building type: Office

Site area: 6.63 acres

Building area: 43,000 s.f.

Floorplate: 21,500 s.f. (2 floors)

Access: Accessible via two points: Frantz Road and Bradenton Ave.

Zoning: PUD

Year Built: 1986

Construction type: Hand-laid masonry construction

Ceiling heights: 8’3” – 8’8” finished

Auto parking: 485 parking spaces

Roof construction / age: Rubber roof membrane

HVAC: Two (2) Trane 75-ton rooftops; two (2) 10-ton Bryant units; One (1) 7-ton Trane; six (6) 5-ton Carrier units

Power: Supplied by American Electric Power

Backup generator: Cummins 350kw diesel (350 gallons); serving the data room and 60 critical seats

UPS: Powerware 9330, 15kVA serving the data room

Fiber / telecom: AT&T

Building security: A Tyco card reader system provides daytime and after-hour access to the building at each interior and exterior door

Elevator: New 4-person passenger elevator being currently installed

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PROPERTY OVERVIEW

S I T E   P L A N

43,304 s.f.

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PROPERTY OVERVIEW

I N T E R I O R   P H OTO S

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PROPERTY OVERVIEW

T E N A N T   I N F O RMAT I O NA World-Renowned Leader

TSI helps clients build and drive success across critical business functions. For over 80 years, TSI has delivered value for the world’s most distinguished organizations. TSI is home of Accelerator and the Profit Recovery System. We are redefining the collection agency industry by providing businesses and healthcare organizations with better tools for accounts receivable, debt recovery and past due accounts.

TSI ... helps business process for:• 40% of the Fortune 500• World’s Leading Retail Brands• 15 of the Top 20 U.S.-based Healthcare Providers... and More Than 2,000 Providers Overall• More Than 100 Utility Companies• Federal and Local Government Agencies• 9 of the World’s Top Global Financial Institutions• Over 800 Educational Institutions• Leading Companies in Transportation, Automotive, Insurance, Pharmaceutical, and Travel

Industries

TSI helps clients through every stage of the customer lifecycle. We offer custom client processes through every phase of our engagements, including: solution design, project planning, customer segmentation strategies, implementation, operational delivery, reporting, and analytics. We provide world-renowned BPO services across all phases of the customer lifecycle:• Customer Acquisition• Customer Care• Up-sell / Cross-Sell• Technical Support• Accounts Receivable

TSI's solution and industry expertise spans multiple contact channels and geographies. Our award-winning BPO solutions drive results that help our clients’ business outcomes, including:• Grow Revenues• Improve Cash Flow• Retain Customers• Improve Efficiencies• Optimize ROI

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COLUMBUS METROPOLITAN  OVERVIEWSection III

ColumbusAs the 15th largest city in the United States, Columbus is the state capital of Ohio and is strategically located with an ability to reach over 40 percent of the country’s population within a one hour flight. Columbus is also home of Ohio State University, one of the largest in the United States with over 56,000 full time main campus students. In addition to OSU, Central Ohio combines 63 colleges and universities for a total student population of 143,000, which provides abundant recruitment opportunities for regional employers. As of the 2010 census, the Columbus population stood at 787,0333 with the total MSA totaling 1.8 million. The second fastest growing large metro in the U.S., the Columbus region is one of the only 11 U.S. metros to have recovered all jobs lost to the recession. The city consistently outperforms other Midwestern cities in terms of economic prosperity, job growth, quality of life and low cost of living. The Columbus MSA unemployment rate ended 2013 at 5.5 percent, its lowest rate of the year, and 110 basis points below the national level. Since the start of 2013, Columbus’s unemployment has consistently trended downward, beating month-to-month national levels by an average of 157. Columbus unemployment levels below the national average. Over the last year, Columbus has added 12,000 new jobs, an increase of 120 basis points from 2012. Looking forward, analysts expect the capital city’s job growth to increase by 1.9 percent through 2014, outperforming the expected national level by 30 basis points. Gallup has recently ranked Columbus as the #2 Metropolitan area for jobs.

Market OverviewIntroductionThe Property is strategically located at 5626 Frantz Road in the northwest suburban city of Dublin, Ohio. Itlies between the highly-desirable Tuttle Crossing corridor and Old Downtown Dublin and is the only office building in the entire Columbus office market (over 31 Million square feet) of to provide over 11 spaces per 1,000 rentable square foot parking ratio. The Property is conveniently located less than 1.0 miles from I-270, Columbus’s outer belt freeway, thereby providing easy access to the entire region. The Tuttle Crossing mixed-use development is a preferred location for corporate users due to its well-established work force demographics, proximity to the city of Columbus and attractive modern suburban office parks with abundant free parking. Dublin is the largest suburban office submarket in Columbus and one of Central Ohio’s most affluent and desirable communities to live, work and play. Largest

Employers

Source: Columbus 2020; Columbus Business First; 2012 Book of Lists

24

Largest EmployersRank Organization Sector FTEs1 The Ohio State University Eduction 29,6852 State of Ohio Government 22,0303 JP Morgan Chase Financial 20,4754 Ohio Health Healthcare 16,0005 Nationwide Insurance Financial 11,0856 United States Government Government 10,8007 Honda of America Manufacturing 9,4338 City of Columbus Government 8,6539 Columbus Public Schools Eduction 8,61110 Mt. Carmel Health Systems Healthcare 8,44811 Limited Brands Retail 7,80012 Franklin County Government 6,04813 Nationwide Children’s Hospital Healthcare 5,76214 Kroger Retail 5,28115 Huntington Bancshares Financial 4,81316 Cardinal Health Healthcare 4,38417 Medco Health Healthcare 3,83118 American Electric Power Utilities 3,33819 PNC Financial Services Group Financial 3,00020 Abercrombie & Fitch Co. Retail 2,6502122

Battelle Express Scripts Holding Co.

Prof. ServicesRetail

2,6182,441

23 Alliance Data Retail Services Prof. Services 2,37424 Whirlpool Corporation Manufacturing 2,35025 Abbott Nutrition Healthcare 2,200

#01 Up and coming high Tech City Forbes Magazine

#02 Area for Jobs Gallup Metropolitan

#04 Cleanest city in America –Reader’s Digest

COLUMBUS METROPOLITAN OVERVIEW 5 6 2 6   F R A N T Z   RO A D

EconomyColumbus boasts a diverse and thriving economic environment with many large and stable employers providing ample jobopportunities. The Columbus area serves as the headquarters home for fifteen Fortune 1000 companies and five Fortune500 companies, including Nationwide Insurance, Cardinal Health, American Electric Power, Limited Brands and Big Lots.From a diversity standpoint, no single industry sector represents more than 18 percent of employment, forming anexceptionally stable economy. Finance and insurance, advanced manufacturing, health, logistics and retail arecomplemented by the presence of The Ohio State University and the State Capital.

Best City in U.S. for tech job growthPraxis Strategy Group 2012

#07#08

Best City in Country for BusinessMarket Watch

Top Ten Most Livable CityCNN/Money Magazine

Headquarter Presence in Central Ohio

25

6377 EMERALD PARKWAY

Company Fortune 1000 RankCardinal Health 19Nationwide Mutual Insurance Co. 100American Electric Power Co. 185Limited Brands, Inc. 258Big Lots, Inc. 466Momentive Specialty Chemicals Inc. 505Abercrombie & Fitch Co. 529Greif, Inc. 555Huntington Bancshares Inc. 707DSW, Inc. 862Express, inc. 901Mettler-Toledo International, Inc. 849The Scotts Miracle-Gro Company 739The Wendy’s Company 809Worthington Industries, Inc. 801

COLUMBUS METROPOLITAN OVERVIEW 5 6 2 6   F R A N T Z   RO A D

Port Columbus International AirportPort Columbus International Airport is the primary airport in Ohio and one of the busiest in the Midwest serving millions of passengers each year with over 150 non-stop flights to 33 airports daily and a regional hub to major carriers including United Airlines, American Airlines (US Airways) and Delta. Located at the junction of I-670 and I-270, the airport is a short, five-minute drive south of the Property via I-270. Driven by Columbus’ impressive economic growth, the airport has undergone numerous modernization programs over the past several decades in order to meet ever increasing passenger volumes. The improvements have been aimed at increasing flight capacity, modernizing terminals, increasing efficiency and enhancing overall traveler comfort. Most recently in 2013, the airport completed a $140 million runway improvement project with the opening of a new south runway that allows for simultaneous takeoff and landing, allowing for even greater air traffic volume and fewer delays for travelers.

Global AttractionCentral Ohio has more than 600 internationally-owned companies within a one hour drive of the city center, and these organizations employ over 39,000 people. At the heart of thisinternational presence is Honda of America, whose North American manufacturing operations are headquartered in Central Ohio (15 minutes from the Property), and employs 9,433 fulltime employees. Honda has invested over $4.4 billion into its Marysville facilities and continues to attract automotive parts suppliers to Columbus, further diversifying the economy anddriving economic growth on the west side of Columbus.

“THE LOCATION OF THIS FACILITY IS IN THE MIDST OF ONE OF THE GREATEST COLLECTIONS OF ENGINEERING AND PRODUCTION TALENT IN THE WORLD.”

– HIDENOBU IWATAPresident And Ceo, Honda Of America

Best City for Single YoungProfessionalsForbes Magazine

#4#11

Top State Business ClimateRankingsSite Selection Magazine

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COLUMBUS METROPOLITAN OVERVIEW 5 6 2 6   F R A N T Z   RO A D

Transportation AccessIn the heart of the country, the Columbus region provides easy access to major national markets and is located within a one-day drive or one-hour flight of over half the population of the U.S. and Canada. Transportation within the city of Columbus and its suburbs is a major consideration for people living and working in the area. There are three major arteries that service Columbus: Interstate 270 is a ring around the outside of Columbus, known as the “outer belt,” Interstate 71, the north-south connector to Cleveland and Cincinnati and Interstate 70, the major east-west connector stretching from Baltimore to Denver. Interstate 670 provides additional east-west thoroughfare connecting Interstate 270 to the east with Interstate 70 west of downtown Columbus. Easton Oval is ideally located in the along the outer edge of this interstate system known as the “outer belt” and provides easy access to the surrounding regions, a major benefit to in-state commerce with easy travel from market to market. The extensive highway and interstate network, paired with no toll roads and low congestion throughout the region, has made Columbus the location of choice for a variety of businesses and industries.

Highly Educated and Skilled WorkforceColumbus continues to attract corporate relocation and operations due to its highly skilled workforce and top intellectual talentsupported by innovative education. In 2013, Columbus was named the #1 Most Intelligent Community in the U.S. (ICF). CentralOhio features one million potential workforce contributors with a Midwest work ethic and a median age of 35.4 – more than twoyears younger than the U.S. average. In Columbus, 32.5 percent of residents over the age of 25 hold a bachelor’s degree or highercompared to only 28.5 percent on a national level. With education being at the forefront of the political landscape and Ohio being amajor “swing” state, the state capital has built one of the best public school regions in the country. Eight local high schools wereranked by US News and World Report’s “Top 600 U.S. High Schools”. Moving from high school to collegiate education, Central Ohiois home to 63 colleges and universities and over 140,000 full time students. The Ohio State University has almost 64,000 college,graduate and professional students within their community of campuses with 56,000+ on the main campus north of the ColumbusCBD. Ohio State continues to drive a competitive environment for its students where 92 percent of the incoming freshmangraduated in the top quarter of their high school classes and 58 percent graduated in the top 10 percent of their classes. The OhioState University’s Fisher College of Business ranks 25th in the U.S. for its MBA program and 14th for its undergraduate program(US News and World Report – 2012/2011). In addition to intelligence, the student demographics are extremely diverse (110countries represented) and contribute to the enhancing fabric of the Columbus community. Battelle, one of the nation’s leadingresearch institutions, has long had their HQ on the southern end of the Ohio State campus to support and partner with this largeeducated workforce.

“COLUMBUS HAS A TECHNOLOGY-RICH WORKFORCE BASE WHICH ALLOWS USgreat access to talent.”– DEBRA MITCHELL

Spokeswoman, Cardinal Health

Most Intelligent Community in the WorldIntelligent Communities Forum

#01#07#07

Most Intelligent Community in the United StatesIntelligent Communities Forum

Most High-Tech cityPopular Science Magazine

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COLUMBUS METROPOLITAN OVERVIEW 5 6 2 6   F R A N T Z   RO A D

Quality of LifeThe Buckeye capital consistently ranks as one of the cleanest and safest cities in thenation, and its cost of living, cost of doing business and unemployment rates remainbelow the national average. Reader’s Digest recently ranked Columbus #4 on thecleanliest cities in the U.S. Over the last four years, JP Morgan Chase has relocated asignificant percentage of their workforce from the New York headquarters to theColumbus regional facilities due to the highly educated workforce, cost of living andquality of life found for their employees.

COST OF LIVING INDEX METRO AREAS (U.S. = 100)Source: American Chamber of Commerce Research Association (ACCRA), 2012

Since the cost of living in the Columbus Region is low, the ability to own a home is high.Housing in the Columbus region is 23 percent more affordable than the national average andnearly 70 percent of all residents earning the median income can afford to buy a home — anincredible number compared to Chicago’s 47 percent or New York’s 57 percent.

COLUMBUS METROPOLITAN OVERVIEW 5 6 2 6   F R A N T Z   RO A D

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5626 FRANTZ ROAD

AMENITIES MAP

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COLUMBUS METROPOLITAN OVERVIEW

HOTELS

RETAIL

DINING

1 Holiday Inn Express2 Extended Stay America3 Hyatt Place

4 Marriott5 Homewood Suites6 La Quinta Inn

1 Walmart2 Macy’s Furniture3 Best Buy4 World Market5 Sears6 Macy’s

7 B C International8 Talbots9 GameStop10 Hollister Co11 New York & Co.12 Best Buy Mobile

1 Subway2 Steak ‘n Shake3 Classics Pizza4 Jet’s Pizza5 Ashland & Highland6 Uno Chicago Grill7 Subway8 Panera Bread

9 BJ’s Brewhouse10 Wendy’s11 Bob Evans12 Chipotle Mexican Grill13 House of Japan14 LongHorn Steakhouse15 P.F. Chang’s16 Noodles & Co.

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MAJOR EMPLOYERS1 Ashland Chemical2 Cardinal Health3 CenturyLink4 Comp Management5 Dell

6 Honeywell7 IBM8 JP Morgan Chase9 Nationwide Insurance10 Ohio Health

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COLUMBUS OFFICE MARKET OVERVIEWSection IV

COLUMBUS OFFICE MARKET OVERVIEW

Total Office Stock Stock Vac % % of Total Office Stock

Northwest (Dublin) 9,142,937 14.2% 29.4%North 5,701,175 14.6% 18.3%Northeast 6,062,636 19.3% 19.5%CBD 10,219,943 14.9% 32.8%Total Office Stock 31,126,691 15.7% 100.0%

Suburban Submarket Stock (SF) Vac. % % of Suburban Stock

Dublin 6,107,185 16.3% 29.2%Easton 1,305,966 14.5% 6.2%East/Gahanna 1,948,114 23.3% 9.3%New Albany 767,456 26.8% 3.7%Polaris/Westerville 3,934,519 14.4% 18.8%North Columbus 3,807,426 15.4% 18.2%Arlington/Grandview 1,735,092 12.1% 8.3%Hilliard/West 1,300,660 7.4% 6.2%Total Suburban Stock 20,906,418 15.8% 100.0%Total CBD Stock 10,219,943 Total Office Market Stock 31,126,361

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Columbus Market Office OverviewThe Columbus office market is the 2nd largest in the state of Ohio with an inventory ofapproximately 31 million square feet of space of multi-tenant office. The suburban officemarket, which comprises 67 percent of the total space in the Columbus metropolitan area,is comprised of three major markets called the Northwest, North and Northeast. Of theColumbus market’s total Class A/B space (25 million square feet), 78 percent lies inthe suburbs due to the ease of parking for employees, new construction efficiencyand travel times. The Columbus metropolitan area is essentially broken into twohemispheres where the northern hemisphere contains the vast majority of the office spaceand the southern hemisphere comprises the industrial and manufacturing real estate.Of the three suburban office markets, the Northwest comprises 43 percent (9.1 millionsquare feet) of the suburban office space, the Northeast 29 percent (6.0 million squarefeet) and the North 27 percent (5.7 million square feet).

Strong private sector job growth as well as population growth have led to positive netabsorption and decreasing vacancy throughout the Columbus office market over the past36 months. Suburban office assets have begun to reflect lower vacancy rates and rentgrowth as a result of this tightening, which is compounded by the lack of anysignificant new construction in recent years. Particularly for large block tenants (over30,000 square feet), the options have become very slim, especially as occupiersincorporate more efficient space standards that generally drive parking ratio needs over5.0 per 1,000 square feet. As the office market rebounds from the recent economicslowdown, the Dublin submarket (Northwest market) is among the stronger submarketsand is poised to realize rental growth.

Dublin SubmarketThe Dublin submarket is located approximately 10 miles northwest ofdowntown Columbus and is the largest suburban office submarket, consistingof approximately six million square feet, or 30 percent of the total office stock.The submarket also contains the most single-tenant or large occupiers of officereal estate compared to any other Columbus submarket. Situated six miles northon I-270 from I-70, the major connector to Baltimore and Denver, as well as 10miles from I-71, the north-south connector to Cleveland and Cincinnati, thesubmarket enjoys an ideal location to draw tenants from all over of the city.

The region’s largest submarket is a fundamental piece to the Columbus’seconomic stability and, in turn, the office real estate landscape. Surrounded byCentral Ohio’s more affluent communities and superior amenities, it continuesto be one of Columbus’s most desirable places to live, work and play. Dublinis home to several of the region’s major employers as a headquarters locationor significant operation center, including Nationwide Insurance, Cardinal Health,Dell, Ohio Health, CenturyLink, IBM, Verizon, BMW Financial Services andWendy’s. Total economic activity from Dublin companies is in excess of $7.8billion per year, representing 8.7 percent of the $90 billion gross metropolitanproduct in the Columbus MSA, continuing to act as a preeminent engine of theregion’s economic activity. The Tuttle Crossing corridor is supported bynearly two million square feet of retail and restaurants, providing a majorsupport function and desirable destination in the region.

At the end of Q2 2014, the Dublin submarket boasted some of the higher askingrents among all suburban submarkets. The asking rent of $19.33 per square footfor office space has continued to see upward pressure with increased demandand lack of new construction. Recently renovated infrastructure along EmeraldParkway and the efficient ramp system from Tuttle Crossing have benefitedthe Property even further for immediate highway access.

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270

270

Port Columbus 270International

Airport

270

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5626 FRANTZ ROAD

Columbus

Rickenbacker International

Airport

Ohio State University

Airport

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COLUMBUS OFFICE MARKET OVERVIEW

Parking Constraints & Competitive LandscapeGiven the Property’s attractive size, efficient floorplates and unmatched parking ratio, Frantz Road is extremely well positioned in themarket. As corporations around the county look to design more efficient workplace solutions in order to decrease total occupancy costs,the increased density has driven the need for additional parking. Parkingratios have easily become the most important driver of recent officetransactions in the Columbus office market and most current availabilitiescannot accommodate more than 4.5 spaces per 1,000 square feet. Due tothe large demand in Columbus for back office support and efficient design,these ratios are not adequate for today’s tenant. The adjacent table is asnapshot of the largest current availabilities with similar quality, age andlocation to 5626 Frantz Road.

Investment sales activity continued its upward trend in the Columbusoffice market through 2013 and into 2014. In June of 2014, we saw 2 significant single-tenant office dispositions which included 6377 Emerald Parkway in Dublin ($165/sf) and TP USA in Westerville ($158/sf). State Farm Insurance sold its 153,360 square-foot regional operations centerin New Albany as part of a nationwide portfolio sale leaseback for avalue of $25.1 Million ($164 psf). Abbott Laboratories also sold its 100percent occupied 111,000 square-foot regional headquar- ters inColumbus for $19.1 million ($172 psf). In the Northwest submarket, Griffin Capital acquired the IBM four-building campus off of Tuttle Cross- ing for $37.3 million ($116 psf) in addition to the JP MorganChase Center (363,544 square feet), which was built in 1974 for $44.5Million. Across I-270 from the Property, Wells Core Office REIT acquiredthe CenturyLink/ Qwest Communications regional HQ in December of2012 for $25.3 million. The 1990-built facility was acquired after themerger between CenturyLink and Qwest Communications and following alonger lease commitment from the building’s single-tenant.

Largest Class A/B Vacant Blocks in Suburban Columbus

* Under construction and delivering in Q4 2014.

Property Submarket Class Yr. Built Bldg. Size.(SF)

Vacancy(SF)

Pkg Ratio per 1,000

rsf)

Asking Rent

(NNN)1 5515 Parkcenter Circle Dublin A 1996 116,460 116,460 4.5 $12.252 5165-5175 Emerald Pkwy Dublin A 1998 248,000 238,000 4.2 $12.253 5455 Rings Road Dublin A 1997 290,576 90,000 4.8 $13.504 475 Metro Place 5 Dublin B 1980 75,340 75,340 4.5 $9.255 NACOT II* New Albany A U/C 67,500 67,500 7.0 $11.956 380 Polaris Parkway* Polaris A U/C 106,340 106,340 4.5 $14.757 4249 Easton Way Easton A 2003 130,750 106,434 4.8 $14.50

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670 Columbus

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COLUMBUS OFFICE MARKET OVERVIEW

4

Notable SalesTransactions

Class Date Property Name City Year Built Square Footage Price (Mil.) Price / SF BuyerB Aug ’14 9200 Worthington Rd Westerville 1999 136,000 s.f. $12.0 $89 Alidade CapitalB Jul ’14 4079 Executive Parkway Westerville 1988 41,132 s.f. $6.5 $158 ESPLANADEA Jun ’14 6377 Emerald Parkway Dublin 1997 68,700 s.f. $11.4 $165 ARCPB May ’14 7450 Huntington Park Worthington 1987 114,786 s.f. $11.8 $103 GladstoneA Nov ’13 State Farm New Albany 2001 153,360 s.f. $25.1 $164 Lone Star FundsB Nov ’13 Abbott Labs Columbus 1981 111,000 s.f. $19.1 $172 ARCPB Nov ’13 Chase Center Westerville 1974 363,544 s.f. $44.5 $122 GC Essential Asset REITA Nov ‘13 Sterling Commerce HQ Dublin 1990 322,679 s.f. $37.3 $116 CG Essential Asset REITB Jun ’13 3000 Corporate Exchange Columbus 1999 157,687 s.f. $24.0 $152 Angelo GordonA Dec ’12 Qwest Communication Bldg Dublin 1990 164,600 s.f. $25.3 $154 Wells Core Office REITA Dec ’12 Westar Medical Office Westerville 2002 41,093 s.f. $7.1 $172 Health Care REITB Dec ’12 1649 Morse Road Columbus 1963 358,263 s.f. $26.7 $74 Taurus InvestmentsB Aug ’12 Central OH Primary Care (COPC) Columbus 1980 28,770 s.f. $5.2 $182 Knightsbridge Olentangy LLC

R E C E N T   S A L E S   COMPA R A B L E S

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FINANCIAL OVERVIEWSection V

Tenant: TSI Financial Services, Inc.

Tenant Square Feet: 43,000

Pro Rata Share: 100%

Lease Commencement: July 14, 1986

Lease Expiration: March 31, 2019

Lease Type: Absolute NNN

Net Lease: $387,000 ($9.00 / square foot)

Real Estate Taxes: $143,866.44 (paid by Tenant)

Renewal: Two 3-year renewal options at 2% annual increases with 6 months notice.

Termination: Termination: Tenant may terminate effective 3/31/17 with notice by 9/30/16 and a termination payment of $350,000 delivered atnotice.

FINANCIAL OVERVIEW

Lease Start Lease End Rent Rent Annual Annual

7/14/86 3/31/19 4/1/14 3/31/15 9.00 387,0004/1/15 3/31/16 9.00 387,0004/1/16 3/31/17 9.00 387,0004/1/17 3/31/18 9.27 398,6104/1/18 3/31/19 9.55 410,568

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Global AssumptionsReporting Start Date 1/1/15Current Occupancy 100%Global Growth Rate 3.0%Vacancy Loss 5.0%Market Leasing AssumptionsLease Term 5 yearsRental Rate $11.00Rent Escalations 2.50%Net Free Rent (months) -

New 3.00Renewal 1.00

Renewal Probability 90%Downtime Relet (months) 9Leasing Commissions (new) 6.0%Leasing Commissions (renew) 4.0%Tenant Improvements (new) $10.00Tenant Improvements (renew) $5.00Capital Reserve (annual $/sf) $0.25Historical Real Estate TaxesReal Estate Year 2011 2012 2013Total Taxes PSF $129,704 $140,926 $143,866

FINANCIAL OVERVIEW

A R G U S  MO D E L   A S S UM P T I O N S  (after lease expires)

O P E R AT I N G   E X P E N S E   A S S UM P T I O N S

Category Amount $ PSF

Real Estate Taxes $143,866 $3.41

Utilities $64,500 $1.50

Repairs & Maintenance $53,750 $1.25

Cleaning $53,750 $1.25

Insurance $6,450 $0.15

Management Fee(1) $430 $0.01

Non-Reimbursable Expenses $4,300 $0.10

Total $327,046 $7.61

(1) Management Fee is projected as 3.0% of the insurance expense during the TSI lease, and 3.0% of effective gross revenue after the lease rolls

Although the lease functions as a true net lease with the tenant paying all expenses directly, expense assumptions above relate to “market” expenses for underwriting purposes.

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FINANCIAL OVERVIEW 5 6 2 6   F R A N T Z   RO A D

TRANSACTION GUIDELINESSection VI

Transaction GuidelinesThe offering of 5626 Frantz Road is being distributed exclusively by Jones Lang LaSalle toa select group of pre-qualified investors. The prospective investor will be selected by Ownerin its sole and absolute discretion based on a variety of factors including, but not limited to:

• Offer Price• Financial strength• Level of discretion to invest funds• Ability to close in a timely fashion• Experience in closing similar

transactions• Absence of contingencies• Level of Property due diligence

completed

• Thoroughness and conveyance of Property underwriting

• Timeframe and amount of non-refundable earnest money deposit

• Strength of commitment from lender andterms of debt, if any

Jones Lang LaSalle will be available to assist prospective investors to arrange on-site inspections and to answer any questions related to information contained in this OfferingMemorandum.

Other key Transaction Guidelines include the following:• All offers must be presented in writing and be net of all seller closing costs.• All offers must include the following:

• The amount of earnest money deposit and timeframe to non-refundable status• An outline of the proposed schedule for due diligence and closing• A description of any physical or environmental assumptions which affect the price

being offered• A list of any contingencies, including committee approvals, required to close the

transaction• The Seller will be responsible for County and State transfer taxes and the prospective

purchaser will be responsible for the city transfer taxes, survey and title insurance.• As is the standard practice for the sale of office buildings in Columbus, real estate

taxes will be prorated on a cash basis so that the prospective purchaser will notreceive a credit at closing for accrued real estate taxes. Offers must confirm that thebid incorporates such real estate tax prorations.

Contact DetailsSupplemental information regarding the Property, including the ARGUS model and otherdue diligence information is available via the JLL team. All inquiries should be directed tothe attention of one of the following representatives:

Jones Lang LaSalle65 E State Street, Suite 550 | Columbus, OH 43215Tel +1 614 460 4444

Peter HarwoodExecutive Vice President Tel +1 312.228.2124Peter.harwood@am.jll.com

Collin WheelerVice PresidentTel +1 614.460.4491collin.wheeler@am.jll.com

For information regarding debt availability, please contact:

Keith LargayExecutive Vice PresidentTel +1 312.228.3111keith.largay@am.jll.com

TRANSACTION GUIDELINES 5 6 2 6   F R A N T Z   RO A D

DisclaimerThe material in this Investment Offering Introduction is confidential, furnished solely for the purpose of considering the “AS IS” acquisition of 5626 Frantz Road located in Dublin, Ohio. The information is not to be used for any other purpose or to be made available toany other person without the express written consent of Agent on behalf of Owner. The material is based, in part, upon information supplied by Owner and, in part, upon information obtained by Agent from sources they deem to be reliable. Summaries contained herein ofany legal documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. No warranty or representation, expressed or implied, is made by Owner, Agent or any oftheir respective related agents or entities as to the accuracy or completeness of the information contained herein. Prospective investors should make their own investigations, projections and conclusions regarding the Property. It is expected that prospective investors willconduct their own independent due diligence concerning the Property, including such engineering and environmental inspections as they deem necessary to determine the condition of the Property and the existence or absence of any potentially hazardous materials usedin the construction or maintenance of the Property. No representations, expressed or implied, are made as to the foregoing matters by the Owner, Agent or any of their respective officers, employees, affiliates and/or agents.

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