Inventrust Proposal

8822 S. Ridgeline Blvd.

Highlands Ranch, CO 80129 Engineering & Construction Services Proposal Gregg Barker Director of Management Services 303.893.1886 | gbarker@lpc.com P R E S E N T E D B Y:

PRE S EN T ED TO:

INVEN T RUS T PROPERT Y MANAGEMEN T Randall S. Olson Property Manager 2809 Butterfield Rd. | Suite 200 Oak Brook, IL 60523 630.570.0843

8822 S. Ridgeline Blvd.

Highlands Ranch,CO 80129 ENGINEERING & CONSTRUCTION SERVICES PROPOSAL T A B L E

O F

C O N T E N T S

C O M PA N Y O V E R V I E W & B A C KG R O U N D

TRANSITION TEAM

Corporate Overview 3

Lincoln Management Team

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Denver Overview 4 Colorado Properties

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SERVICES OVERVIEW Construction Management

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FEE PROPOSAL

Fee Proposal

Client Representatives

Why Lincoln & References

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Lincoln Today

largest and most respected diversified real estate services firms in the United States and is the only national real estate company to rank concurrently in the Top 10 lists of Management/Ownership of Office, Industrial and Multi-family.

LPC Facts:

With an international footprint that includes offices in 38 cities across the United States and 6 cities in Europe

• 6,800 employees

and South America, Lincoln remains a privately and closely held company. As a matter of corporate intention

• Lines of business: Management, Leasing, Brokerage, Acquisitions, Dispositions, Development, Construction Management and Advisory Services

Lincoln Property Company is one of the

and philosophy, the company has operated virtually debt-free since the early 1990’s, uniquely positioning itself to provide focus and performance as well as

consistency and stability to its clients and employees in

the economically challenging times of today.

50 years of global real estate experience and the ability to “think like an owner” is what differentiates Lincoln from other service providers and real estate This corporate philosophy combined with

companies. The company’s history of developing and acquiring assets for its own account – as well as providing a full cadre of services to other owners over the span of the last four decades – has created a culture throughout the firm whereby each employee treats each third party assignment as if it were owned by the company. Consequently, the company’s goal is to hire, train, and retain employees that “take ownership” in each and every assignment.

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• 356 Million+ SF managed/leased • 45 administrative offices and over 350 management offices in U.S.

• Top Ranked Developer, #2 Property Management Company in the U.S., Commercial Property Executive • $7.6 Billion of office and industrial acquisitions over the last 15 years • Lincoln’s institutional client list includes such names as American Realty Advisors, Invesco, Morgan Stanley, Prudential, RREEF, TIAA-CREF, UBS and many others

Denver Experience

Lincoln currently manages 2,800,000 square feet of multi tenant space in the Denver area to a variety of different owners including ASB Real Estate Investments, Lincoln Realty Advisors, Colony Realty Partners, Invesco and Signature REIT. quality and effectiveness

Lincoln is committed to measuring the of our service performance and learning from the results of our efforts. This process of continuous evaluation, response, and improvement ensures quality and consistency at every service level. During our in building, owning and managing one of the largest commercial real estate portfolios in the United States, Lincoln has developed a management approach that encompasses all service capabilities and systems throughout the organization.

experience

almost 50 years of

DENVER MANAGED PROPERTIES ASSET

DESCRIPTION

ADDRESS

SUBMARKET

RSF

CLIENT/ OWNER

Hardware Block

Class B Office

LoDo

51,191

Lincoln/ASB

1755 Blake

Class A Office

1515-1527 Wazee St 1755 Blake St

LoDo

112,943 ASB

Colorado Center

Class A Office

2000 S Colorado Boulevard 10700-10800 E Geddes Ave 365, 367, 369 Inverness Pkwy 1975 Research Pkwy 8415 Explorer Dr 2375 Telestar 7601 Technology Way 11525 Main St

Colo Blvd/I-25 502,429 Lincoln/ASB

13450-13550 Smith Rd 7265-7337 S Revere Pkwy 365 & 369 Inverness Parkway 17th & Platte

SW DIA/Pena 277,930 Lincoln Realty Advisors Blvd Ind Centennial Ind 146,175 Colony Realty Partners

Dry Creek Corporate Class A Office Center II & III Lincoln Office Center Class A Office at Inverness Corporate Pointe Class A Office Tech Center East & West 7601 Technology Way Broomfield Corporate Center I-225 Business Center Chaparral Business Park Plaza at Inverness

Class B Office

The LAB

Class A Office

Class A Office Class A Flex Class A Industrial Flex Industrial Class A Office

Inverness

185,957 Colony Realty Partners

Inverness

116,400 Invesco Real Estate

Colo Springs

115,260 Phoenix Property Company 95,392 Phoenix Property Company 182,875 Signature REIT

Colo Springs Denver Tech Center Broomfield

92,800

Lincoln Realty Advisors

Inverness

120,717 Colony Realy Partners

LoDo

80,000

Confuluent Development

Though Lincoln is a national company and has the benefits of a stable, diversified organization, the fact is, real estate is a very local and personal business. Our Denver office has been in operation since 2001. Many of our current staff have been employed at Lincoln for most of those years. We live, work and know Denver!

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Colorado Properties

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6901 W 117th Ave

Building Type: Class B Warehouse

Space Avail: 2,500 SF

Construction Management Lincoln provides construction management services for over 71 million square feet nationally and provides construction coordination/construction management services for institutional as well as individual clients across the nation.

Benefits

MONETARY SAVINGS

Our skilled staff will reduce total project costs on each project through our excellent value engineering services and through the development of a specifically tailored Construction Management Plan similar to what we have developed for other third-party clients.

TIME SAVINGS - Lincoln Property Company will complete construction

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SNAPSHOT

projects in less time through the development and implementation of the Construction Management Plan and by establishing clear channels of communication between all parties involved in the project.

YTD 2Q 2015

BETTER QUALITY AND VALUE - The staff at Lincoln Property Company

• 198,000 SF of tenant finish

takes the time to understand their client’s subjective perception of value and will deliver a project tailored to that perception. Again, through constant communication, our clients will have immediate access to all projects.

• $4.3 million in total tenant finish

PROFESSIONALISM - Lincoln Property Company is comprised of highly

skilled and motivated construction management professionals educated in all disciplines of the construction process. Each person on the Lincoln Property Company staff has a personal commitment to getting the job done right with the highest efficiency and quality possible within the clients’ goals.

Lincoln Team

Scott Caldwell Senior Vice President Gregg Barker Director of Management Services

MANAGEMENT TEAM

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Scott Caldwell

Senior Vice President (303) 226-8205

scaldwell@lpc.com

Gregg Barker Director of Management Services (303) 226-8202 gbarker@lpc.com

Tucker Helmus Construction Manager (303) 226-8215 thelmus@lpc.com

John Langston Chief Engineer (303) 226-8219 JLangston@LPC.com

Tucker Helmus Construction Manager

John Langston Chief Engineer

Building Engineer

Lincoln Team Scott Caldwell Senior Vice President 303.226.8205 scaldwell@lpc.com Scott is from Northern California and moved to Colorado to attend school at the University of Colorado Boulder.

He is a current board member and former Board Chairman of Transportation Solutions.

He is also a member of CU Real Estate Council and NAIOP. Scott enjoys surfing, skiing, golf, spending time with his family, and upland hunting with his dog. He is married and has twins.

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Gregg Barker Director of Management 303.226.8212 gbarker@lpc.com Gregg has over 25 years of broad experience in commercial real estate, sales, operations, marketing. He participated in over 550 lease transactions and also created a tenant representation company Gregg earned his Bachelor of Science degree in Business Management from the Kelley School of Business at Indiana University Bloomington and was awarded the Ernest B. Davis Scholarship for Academic Excellence.

Tucker Helmus Construction Manager 303.226.8215 thelmus@lpc.com Tucker is a Colorado native from Aspen who settled in Denver after attending college at CU Boulder, where he received his BS in Business Administration. He is a licensed real estate broker and a member of the US Green Building Council (LEED Green Associate).

He enjoys hiking, biking, golf, basketball, and brewing beer.

Fee Proposal ENGINEERING SERVICES Staffing: Full time engineer (8 hrs/day) X $36/hour. On call service inlcuded.

Budget number = $73,440/Year.

Hours could be reduced to 4 hrs/day depending on tenant mix and demands.

CONSTRUCTION MANAGEMENT

Lincoln proposes the following construction management fees: 4% 3% 2% 1% 9

Between $10,000 - $250,000 Between $250,000 - $500,000 Between $500,000 - $1,000,000 Over $1,000,000

Representative Clients

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Whyy Lincoln?

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An ownership mentality for managing your real estate Fifty (50) years of experience in the industry Dedicated advocacy for the asset - project focus Portray high quality image of the project through our marketing programs, brand name and reputation for quality and professionalism Leveraging our national buying power, Lincoln can cut your operating expenses Strongest reporting capabilities in the real estate industry - our systems are adapted to the owner’s needs A team approach across our full spectrum of real estate services

REFERENCES

COLONY REALTY PARTNERS Amanda Strong Managing Director - Asset Management 2 International Place, Suite 2500 Boston, MA 02110 617.235.6315

ASB REAL ESTATE INVESTMENTS Aaron Duncan Senior Vice President 540 Cowper Street, Suite 100 Palo Alto, CA 94301 650.618.6332

TA ASSOCIATES REALTY Kristina Lewison Vice President - Asset Management 1301 Dove St, Suite 860 Newport Beach, CA 92660 949.852.2030

INVESCO REALTY ADVISORS Kevin Johnson Three Galleria Tower, Suite 500 & 1315 Noel Rd. Dallas, TX 75240 972.715.7413

PHOENIX PROPERTY COMPANY Eric Horan Asset Manager 5950 Sherry Lane, Suite 320 Dallas, TX 75225 214.880.0350

FOR ADDITIONAL INFORMATION, PLEASE CONTACT: GREGG BARKER gbarker@lpc.com 303.226.8202

LINCOLN PROPERTY COMPANY 2000 S Colorado Blvd Annex Suite 300 Denver, CO 80222 303.893.1886 www.LPCdenver.com