the interchange of business project overview

PV303 is a master planned business park designed to meet the growing demand for commercial and industrial opportunities in the greater Phoenix area. Located at the confluence of Interstate 10 and Loop 303 in Goodyear, , PV303 offers a total of ±1,600 acres with ±20 million square feet of office, retail, and industrial space. PV303 is ideally situated to serve Arizona and key markets in the western United States such as the Ports of Long Beach, Los Angeles and San Diego, ; El Paso, and Las Vegas, Nevada. Master Plan Business Park Map

CAMELBACK RD

EAST III

EAST I

EAST I

COTTON LN 303 51 INDIAN SCHOOL RD 1 1 10 10 60EAST II SUBJECT WEST II 2 2 17 101 153 3 3 17 85 NORTH NORTH WEST III 4 4

NORTH 8 8 143 202 5 5

CITRUS RD 6 6 8 303 101 THOMAS RD 8 7 7 15 202 93 8 8 LOOP 303 & 9 9 I-10 INTERCHANGE 101 ESTRELLA FALLS MALL10 (COMING SOON) 10

BULLARD AVE 11 11

74 PEBBLE CREEK PKWY

SARIVAL RD 12 12 SARIVAL WEST SARIVAL EAST 10 347 10 13 13

87 INDUSTRIAL RETAIL LIGHT INDUSTRIAL/FLEX/OFFICE 238

84 the interchange of business CAMELBACK RD CAMELBACK RD D R US CIT R COTTON L N

INDIAN SCHOOL RD INDIAN SCHOOL RD L R D A V I SA R 303 10 10 51 60 SUBJECT

17 101 153 THE INTERCHANGE OF BUSINESS 17 85 NORTH THOMAS RD ±1,600 ACRE BUSINESS PARKNORTH

» Corporate Environment » Improved Lots

210 143 » Build–to–Suit Opportunities »NOFrReTHeway Visibility 8 8 202 » FTZ Designated Site #277 » Spec Buildings D R S N 303 101 E

ITR U CONCEPTUAL SITE PLANS 8 8 V C A NOT TO SCALE L R D A Y D W RI V A LLA R 202 S

93 U

15 MCDOWELL RD B EEK P K R 101 40 10 PEBBLE C highway network/access FOREIGN TRADE ZONE DESIGNATED SITE #277

Foreign Trade Zones (FTZs) provide special customs procedures to U.S. plants engaged in international trade–related activities. Duty–free treatment is accorded items that are processed in FTZs and then reexported, and duty payment is deferred on items until they are brought out of the FTZ for sale in the U.S. market which helps offset customs advantages available to overseas producers who compete with domestic industy.

In Arizona, a Zone that is approved and activated may be re–classified down from 18% tax valuation to 5% valuation resulting in the tax benefit of a 72% reduction. This averages to $0.85 to $1.25 per foot per year in rent reduction!

Flagstaff TO ALBUQUERQUE 40 Some of the advantages may include: ±490 MILES » No time limit on goods stored in FTZ ±120 MILES » Merchandise exempted from state and local taxes » Minimized costs while products wait for shipment TO LAS VEGAS » Quota restrictions waived for items entering FTZs ±267 MILES

These (approved) activities can be conducted in a zone: » Assembling, packaging, destroying, storing cleaning » Exhibiting, re–packing, distributing, sorting, grading » Testing, labeling, repairing » Combining with foreign or domestic content » Certain types of processing 87

Parkway Valley Sun ±375 MILES 5 TO LOS ANGELES

TO MESA

±37 MILES

TO TUCSON / EL PASO ±334 MILES 8 TO SAN DIEGO

±459 MILES Driving Distances: PV|303 to Key Western U.S. Markets project information

PROPERTY HIGHLIGHTS » Parcel size range from 4 acres to 500 acres » Building size range from 40,000 SF to 2,000,000 SF » Arizona Public Service power provider » Natural gas available » Fiberoptic telecommunications available » Water service from EPCOR and Liberty Water » Flexible I-1 and C-2 Zoning » All new infrastructure » Full diamond interchanges at Indian School Road & Camelback Road Source: Rand McNally Road Atlas /MapQuest » Half diamond interchange at Thomas Road » Corporate neighbors include Dick’s Sporting Goods REI, Inc., and Sub-Zero

KEY FEATURES AND AMENITIES » 20 million square feet: office/retail/industrial space » 2 miles of freeway frontage along Loop 303 » 2 miles north of Interstate 10 » 9 miles west of Loop 101 » 5.5 hours from Long Beach, California At final buildout, the ±1,600 acre PV303 will be one of the largest business parks in the southwest. » 4.7 hours from Las Vegas, Nevada » 6.5 hours from El Paso, Texas Proposed buildings range in size from ±40,000 to 2 million square feet. Numerous quality » 29 miles from Phoenix Sky Harbor Airport amenities contribute to the overall convenience of PV303’s location; including restaurants, retail » 9 miles from Phoenix Goodyear Airport operations, championship golf courses, hotels & resorts, local parks, award-winning schools, » Minutes from executive and employee housing health care facilities and a variety of housing for executives and employees. *All dimensions are approximate 10 10 303 51 60

17 101 153 SURROUNDINGSURRO UND AMENITYI N G A MAPM E NITY M A P 17 85 NORTH RESTAURANTS 45 RAMIRO’S MEXICAN FOODS 1 A&W ALL-AMERICAN FOOD 46 RED LOBSTER RESTAURANT 303 10 10 21051 60143 202 NORTH 2 AKAIHANA SUSHI & GRILL 47 RED ROBIN GOURMET BURGERS 8 8 3 APPLEBEE’S NEIGHBORHOOD GRILL 48 ROMANO’S MACARONI GRILL SURRO UND49 I RNUBGIO’S FREA SMH MEXE NITYICAN GRILL M A P 17 17 101 153 85 4 ARBY’S ROAST BEEF 101 NORTH 5 ARRIBA MEXICAN RGRIESLTLAUE RANTS 50 SALA 4TH5 AIRAMI RESRO’STAURA MEXICAUNNT FOODS 8 8 1 A&W ALL-AMERICAN FOOD51 SCHLOTZ46 RESKYD L’SO BDELSTERI RESTAURANT 6 BARRO’S PIZZA 210 143303 202 NORTH 2 AKAIHANA SUSHI & GRILL 47 RED ROBIN GOURMET BURGERS 8 8 7 BLACK ANGUS RESTAURANT 52 SENOR TACO 3 APPLEBEE’S NEIGHBORHOOD GRILL 48 ROMANO’S MACARONI GRILL 202 8 BLACK BEAR DINER 53 SONIC DRIVE IN RESTAURANT 93 4 ARBY’S ROAST BEEF 49 RUBIO’S FRESH MEXICAN GRILL 15 101 9 BUFFALO WILD5 WINGARRISBA GRI MEXLLICAN & B GRIARLLE 54 SUBW5A0Y SALAAN DTHWICAI RESH TSHAURAOPUNT 8 8 10 BURGER KING 6 BARRO’S PIZZA 55 TACO5 BE1 LSCLHLOTZSKY’S DELI 303 7 BLACK ANGUS RESTAURANT 52 SENOR TACO 101 11 CARL’S JR RESTAURANT 56 TGI FRIDAY’S 202 8 BLACK BEAR DINER 53 SONIC DRIVE IN RESTAURANT 40 93 57 WAFFLE HOUSE RESTAURANT 15 12 CHARLEY’S GR9IL LEDBUF SUFALBOS WILD WINGS GRILL & BAR 54 SUBWAY SANDWICH SHOP 13 CHICK-FIL-A 10 BURGER KING 58 WEND5Y5 ’STACO BELL 56 TGI FRIDAY’S 101 74 14 CHILI’S GRILL &1 1B ACAR RL’S JR RESTAURANT 59 WHATABURGER RESTAURANT 40 12 CHARLEY’S GRILLED SUBS 57 WAFFLE HOUSE RESTAURANT 15 CHIPOTLE MEXICAN GRILL 60 WILD FLOWER 13 CHICK-FIL-A 58 WENDY’S 16 CHURCH’S FRIED14 CCHIICLI’SKE GNRILL & BAR 59 WHATABURGER RESTAURANT 74 17 COUSINS SUBS15 CHIPOTLE MEXICAN GRILL CHILD60 W ILCAD FLOWREE RF ACILITIES 347 18 CRACKER BARR16EL COHLUDRC COH’S UFRINEDTR CYHICKEN 1 ATHLETES CHILD LLC 17 COUSINS SUBS CHILD CARE FACILITIES 347 19 DEL TACO RESTAURANT 2 ESTRELLA KINDERCARE 18 CRACKER BARREL OLD COUNTRY 1 ATHLETES CHILD LLC 3 ESTRELLA MTN DILIGENT LEARNING 20 DENNY’S RESTAU19 RDEANL TTACO RESTAURANT 2 ESTRELLA KINDERCARE 87 21 DON PANCHO 2M0 EXDEICANNNY’S FRESOOTAUD RANT 4 GODD3 ARESTRELD SCHLAOO MTLN DILIGENT LEARNING 87 22 EINSTEIN BROS21 B AGDONEL PSANCHO MEXICAN FOO5 D GOOD4 YEGOARD KDINARDERD SCHCAROOLE 22 EINSTEIN BROS BAGELS 5 GOODYEAR KINDERCARE 23 FILIBERTO’S MEXICAN FOOD 6 GREAT BEGINNINGS PRESCHOOL 238 23 FILIBERTO’S MEXICAN FOOD 6 GREAT BEGINNINGS PRESCHOOL 238 7 LOVING CARE DAY CARE CTR 24 GOLDEN CORRA24 L GOLDEN CORRAL 7 LOVING CARE DAY CARE CTR 8 LOVIN8G CALOVIREN GD CAAYRE CAR DAYE CAR CTER C ITI R II 303 30351 51 25 GREEK EURO EXPRES25 GREEKS EURO EXPRESS 1010 10 10 60 60 SUBJECT SUBJECT 26 IHOP 9 SUNRI9SE SPRESUNRISECH PRESOOLSCHOOLS INC INC 84 84 26 IHOP ,60 27 IN-N-OUT BURGER 10 TEACH N FUN ,60 27 IN-N-OUT BURGER 10 TEACH N FUN 28 JACK IN THE BOX 11 TUTOR TIME 17 101 153 85 11 TUTOR TIME 17 NORTH 28 JACK IN THE BOX 12 UYI DEVELOPMENT CTR 17 101 153 29 KFC 17 85 NORTH 29 KFC 30 LA LOMA MEXICAN GRILLE 12 UYI DE13V ELWOESTSPMIDEEN ETA RCLTY RHEADSTART 31 LONG JOHN SILVER’S SEAFOOD 210 NORTH 30 LA LOMA MEXICAN GRILLE 13 WESTSIDE EARLY HEADSTART 8 8 143 202 32 MANNY’S MEXICAN & AMERICAN HEALTH & FITNESS 31 LONG JOHN SILVER’S SEAFOOD 210 143 NORTH 33 MANUEL’S MEXICAN FOOD 1 BLOSSOM DAY SPA 8 8 202 32 MANNY’S MEXICAN & AMERICAN HEA2 LTHDEJA &VU MFEITNESD SPA S 34 MC DONALD’S HAMBURGERS 10 101 33 MANUEL’S MEX35IC AMIMIN FOO’S CADFE 1 BLOSS3 OMEL YDSIUMAY S SAPALON SPA 8 8 10 34 MC DONALD’S3 H6 AMOLIVBUE RGARGEDERSN 2 DEJA 4VU HMANE D &S PSTOA NE MASSAGE & FACIAL 37 P F CHANG’S CHINA BISTRO 5 LA FITNESS 10 101 35 MIMI’S CAFE 3 ELYSIUM SALON SPA 8 8 202 93 38 PANDA EXPRESS 6 LAVENDER’S 15 4 HAND & STONE MASSAGE & FACIAL 10 36 OLIVE GARDEN39 PARADISE BAKERY & CAFE 7 LIFE TIME FITNESS 37 P F CHANG’S C4H0 INPEAI WEBISTRI ASIANO DINER 5 LA FIT8N ESRESD DOOR SPA 303 101 202 9 SPAMAN SPAS 93 38 PANDA EXPRES4S1 PETER PIPER PIZZA 6 LAVEN DER’S 4015 42 PIZZA PATRON 10 UNIX NAILS & SPA 39 PARADISE BAKERY & CAFE 7 LIFE TIME FITNESS 43 POPEYE’S FRIED CHICKEN 11 VIVIAN’S NAILS & SPA 8 RED DOOR SPA 74 40 PEI WEI ASIAN 4D4 INQUIERZNOS 303 101 41 PETER PIPER PIZZA 9 SPAMAN SPAS 40 42 PIZZA PATRON 10 UNIX NAILS & SPA 347 43 POPEYE’S FRIED CHICKEN 11 VIVIAN’S NAILS & SPA 74 44 QUIZNOS 87 347

87 For Information Contact: contact information SUNBELT HOLDINGS Sean Walters Chief Operating O cer www.sunbeltholdings.com [email protected] 480-905-0770

MERIT PARTNERS, INC. Kevin Czerwinski President www.meritpartnersinc.com [email protected] 480-483-0360

www.PV303.com www.sunbeltholdings.com www.meritpartnersinc.com