Philips Plaza SOLD

1 424 Church St - Fifth Third Center SOLD

Nashville, TN 37219 Davidson County

Recorded Buyer: B9 NTN Office Owner LLC Recorded Seller: Fifth Third Center Subsidiary, LLC True Buyer: The Blackstone Group L.P. True Seller: Goldman Sachs-Merchant Banking Real Estate

Sale Date: 12/19/2019 Bldg Type: Class A Office Sale Price: $144,750,000 - Confirmed Year Built/Age: Built 1986 Renov 2020 Age: 33 Price/SF: $295.24 RBA: 490,281 SF Land Area: 0.83 AC (36,155 SF) PrFrma Cap Rate: - Zoning: CC

Parcel No: 093-06-1-049 Financing: Down payment of $55,350,000 (38.2%); $89,437,500 from Private Lender Comp ID: 4995104 – Research Status: Confirmed

2 315 Deaderick St - UBS Tower SOLD

Nashville, TN 37238 Davidson County

True Buyer: Shorenstein Properties LLC Recorded Seller: 315 Deaderick LLC 235 Montgomery St San Francisco, CA 94104 (415) 772-7000 True Seller: Rubicon Equities

Sale Date: 03/07/2019 (174 days on mkt) Bldg Type: Class B Office Sale Price: $135,000,000 - Full Value Year Built/Age: Built 1974 Renov 2002 Age: 45 Price/SF: $225.13 RBA: 599,660 SF Land Area: 1.82 AC (79,279 SF) PrFrma Cap Rate: - Zoning: CC

Parcel No: 093-02-3-081 Financing: Down payment of $31,900,000 (23.6%); $103,100,000 from Wells Fargo Bank; Acquisition & Development loan type Comp ID: 4695975 – Research Status: Full Value 3 414 Union St - Philips Plaza SOLD

Nashville, TN 37219 Davidson County

True Buyer: Wheelock Street Capital, LLC Recorded Seller: LCP Nashville LLC 660 Steamboat Rd Greenwich, CT 06830 (203) 413-7700 Buyer Contact: Wheelock Street Capital, LLC True Seller: Partners Group (USA) Inc.

Sale Date: 03/01/2019 (204 days on mkt) Bldg Type: Class B Office Sale Price: $111,500,000 - Confirmed Year Built/Age: Built 1977 Renov 1993 Age: 42 Price/SF: $256.01 RBA: 435,525 SF Land Area: 0.84 AC (36,590 SF) PrFrma Cap Rate: - Zoning: CC

Parcel No: 093-02-3-188 Financing: Down payment of $39,600,000 (35.5%); $79,100,000 from Cushman Capital; Acquisition & Development loan type Comp ID: 4689052 – Research Status: Confirmed

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 1 4 511 Union St - Nashville City Center (Part of Multi-Property) SOLD

Nashville, TN 37219 Davidson County

Recorded Buyer: CPVF III NCC LLC Recorded Seller: 511 Union Nashivlle LLC True Buyer: CapRidge Partners True Seller: Alliance Partners HSP, LLC

Sale Date: 03/11/2019 (174 days on mkt) Bldg Type: Class A Office Sale Price: $105,250,000 - Confirmed Year Built/Age: Built 1988 Age: 31 Price/SF: $220.53 RBA: 477,261 SF Land Area: 0.75 AC (32,670 SF) PrFrma Cap Rate: - Zoning: CC Actual Cap Rate: 6.00% Sale Conditions: -

Parcel No: Financing: - Comp ID: 4698106 – Research Status: Confirmed

5 535 Marriott Dr - Highland Ridge Tower (Part of Multi-Property) SOLD

Nashville, TN 37214 Davidson County

True Buyer: AG Mortgage Investment Trust, True Seller: Gaedeke Group Inc. 3710 Rawlins St 245 Park Ave Dallas, TX 75219 New York, NY 10167 (214) 528-8883 (212) 692-2110 Elliot Prieur Brian Sigman Buyer Contact: AG Mortgage Investment Trust, Inc. Sale Date: 10/11/2019 Bldg Type: Class A Office Sale Price: $57,603,285 - Allocated Year Built/Age: Built 2000 Age: 19 Price/SF: $204.19 RBA: 282,101 SF Land Area: 10.04 AC (437,342 SF) PrFrma Cap Rate: - Zoning: 7

Parcel No: Financing: - Comp ID: 4911132 – Research Status: Allocated

6 302 Innovation Dr - Two Greenway Centre SOLD

Franklin, TN 37067 Williamson County

Recorded Buyer: Fund XII Two Greenway, LLC Recorded Seller: Crescent Greenway Venture LLC 28 State St FL 227 W Trade St Boston, MA 02109 Charlotte, NC 28202 True Buyer: TA Realty

Sale Date: 12/18/2019 Bldg Type: Class A Office Sale Price: $43,500,000 - Confirmed Year Built/Age: Built 2016 Age: 3 Price/SF: $280.06 RBA: 155,326 SF Land Area: 16.06 AC (699,574 SF) PrFrma Cap Rate: - Zoning: RC6

Parcel No: 062-014.15 Financing: - Comp ID: 4999187 – Research Status: Confirmed

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 2 7 200 Athens Way - Plaza Tower SOLD

Nashville, TN 37228 Davidson County

True Buyer: Boyd Watterson Asset True Seller: Albany Road Real Estate Partners Management 155 Federal St 1301 E 9th St Boston, MA 02110 Cleveland, OH 44114 (617) 279-2360 (216) 771-3450 Buyer Contact: Boyd Watterson Asset Seller Contact: Albany Road Real Estate Partners Management

Sale Date: 04/24/2019 Bldg Type: Class A Office Sale Price: $36,000,000 - Confirmed Year Built/Age: Built 1985 Renov 2005 Age: 34 Price/SF: $175.68 RBA: 204,921 SF Land Area: 8.70 AC (378,972 SF) PrFrma Cap Rate: - Zoning: IWD Actual Cap Rate: 6.00% Sale Conditions: -

Parcel No: 070-16-0-021 Financing: Down payment of $36,000,000 (100.0%) Comp ID: 4749202 – Research Status: Confirmed

8 404 James Robertson Pky - Parkway Towers SOLD

Nashville, TN 37219 Davidson County

Recorded Buyer: 404 JAMES ROBERTSON Recorded Seller: PHR Parkway LLC PROP,, LLC 801 S Chevy Chase Dr Glendale, CA 91205 True Buyer: Wheelock Street Capital, LLC True Seller: Ara Tavitian

Sale Date: 10/21/2019 Bldg Type: Class C Office Sale Price: $33,520,000 - Full Value Year Built/Age: Built 1968 Renov 2006 Age: 51 Price/SF: $161.45 RBA: 207,618 SF Land Area: 0.71 AC (30,928 SF) PrFrma Cap Rate: - Zoning: CF

Parcel No: 093-02-0-009 Financing: - Comp ID: 4938366 – Research Status: Full Value

9 555 Marriott Dr - Highland Ridge II (Part of Multi-Property) SOLD

Nashville, TN 37214 Davidson County

True Buyer: Innovatus Capital Partners, LLC Recorded Seller: BNA Highland Ridge LLC 777 Third Ave 5250 Virginia Way New York, NY 10017 Brentwood, TN 37027 (212) 698-4580 Thomas Wasko True Seller: Smith/Hallemann Partners

Sale Date: 01/11/2019 Bldg Type: Class A Office Sale Price: $32,150,376 - Allocated Year Built/Age: Built 1984 Age: 35 Price/SF: $187.21 RBA: 171,733 SF Land Area: 6.63 AC (288,803 SF) PrFrma Cap Rate: - Zoning: ORI

Parcel No: Financing: - Comp ID: 4641315 – Research Status: Allocated

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 3 10 565 Marriott Dr - Highland Ridge I (Part of Multi-Property) SOLD

Nashville, TN 37214 Davidson County

Sale Date: 01/11/2019 Bldg Type: Class A Office Sale Price: $31,449,624 - Allocated Year Built/Age: Built 1983 Age: 36 Price/SF: $185.69 RBA: 169,363 SF Land Area: 9.25 AC (402,930 SF) PrFrma Cap Rate: - Zoning: ORI

Parcel No: Financing: - Comp ID: 4641315 – Research Status: Allocated

11 545 Marriott Dr - Highland Ridge III (Part of Multi-Property) SOLD

Nashville, TN 37214 Davidson County

True Buyer: AG Mortgage Investment Trust, True Seller: Gaedeke Group Inc. 3710 Rawlins St 245 Park Ave Dallas, TX 75219 New York, NY 10167 (214) 528-8883 (212) 692-2110 Elliot Prieur Brian Sigman Buyer Contact: AG Mortgage Investment Trust, Inc. Sale Date: 10/11/2019 Bldg Type: Class A Office Sale Price: $27,896,715 - Allocated Year Built/Age: Built 1990 Age: 29 Price/SF: $156.16 RBA: 178,639 SF Land Area: 8.60 AC (374,616 SF) PrFrma Cap Rate: - Zoning: 7

Parcel No: Financing: - Comp ID: 4911132 – Research Status: Allocated

12 44 Vantage Way - Vantage Place SOLD

Nashville, TN 37228 Davidson County

True Buyer: Innovatus Capital Partners, LLC True Seller: The Dilweg Companies 777 Third Ave 5310 S Alston Ave New York, NY 10017 Durham, NC 27713 (212) 698-4580 (919) 402-9100 Buyer Contact: Innovatus Capital Partners, LLC Seller Contact: The Dilweg Companies

Sale Date: 02/28/2019 Bldg Type: Class B Office Sale Price: $26,475,000 - Confirmed Year Built/Age: Built 1981 Renov 1995 Age: 37 Price/SF: $154.35 RBA: 171,523 SF Land Area: 7.83 AC (341,075 SF) PrFrma Cap Rate: - Zoning: IWD Actual Cap Rate: 7.00% Sale Conditions: -

Parcel No: 070-16-0-014 Financing: - Comp ID: 4691262 – Research Status: Confirmed

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Page 4 13 227 French Landing Dr - Heritage Place SOLD

Nashville, TN 37228 Davidson County

True Buyer: Menlo Equities Recorded Seller: Heritage Place Manager LLC 2765 Sand Hill Rd Menlo Park, CA 94025 (650) 326-9300 True Seller: Realty Equity Partners

Sale Date: 02/28/2019 Bldg Type: Class B Office Sale Price: $22,400,000 - Full Value Year Built/Age: Built 1985 Renov 2005 Age: 33 Price/SF: $201.95 RBA: 110,919 SF Land Area: 4.93 AC (214,751 SF) PrFrma Cap Rate: - Zoning: C6

Parcel No: 070-16-0-007 Financing: Down payment of $7,800,000 (34.8%); $14,600,000 from PNC Bank; Acquisition & Development loan type Comp ID: 4688543 – Research Status: Full Value

14 1117 Church St SOLD

Nashville, TN 37203 Davidson County

True Buyer: Flank True Seller: Somera Road, Inc. 520 W 27th St 130 W 42nd St New York, NY 10001 New York, NY 10036 (212) 352-8224 (646) 766-8184 Buyer Contact: Flank Seller Contact: Somera Road, Inc.

Sale Date: 12/30/2019 Bldg Type: Class C Office Sale Price: $21,000,000 - Full Value Year Built/Age: Built 1946 Age: 73 Price/SF: $485.32 RBA: 43,270 SF Land Area: 0.28 AC (12,197 SF) PrFrma Cap Rate: - Zoning: CF Actual Cap Rate: - Sale Conditions: Redevelopment Project

Parcel No: 093-05-0-125, 093-05-0-126, 093-09-0-081, 093-09-0-082 Financing: - Comp ID: 4997186 – Research Status: Full Value

15 5409 Maryland Way - Gateway Plaza I (Part of Multi-Property) SOLD

Brentwood, TN 37027 Williamson County

Recorded Buyer: Magnolia Investment Partners, True Seller: Albany Road Real Estate Partners LLC 155 Federal St 1400 Buford Dr Boston, MA 02110 Sugar Hill, GA 30518 (617) 279-2360 True Buyer: Magnolia Capital Investments

Sale Date: 06/07/2019 Bldg Type: Class A Office Sale Price: $20,127,000 - Allocated Year Built/Age: Built 1996 Age: 23 Price/SF: $242.94 RBA: 82,848 SF Land Area: 4.30 AC (187,308 SF)

Parcel No: Financing: - Comp ID: 4781945 – Research Status: Allocated

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 5 16 5880 Nolensville Pike - Southplace Center SOLD

Nashville, TN 37211 Davidson County

True Buyer: FD Stonewater Recorded Seller: Gramercy Property Trust, Inc. 1001 N 19th St 525 N Tryon St Arlington, VA 22209 Charlotte, NC 28202 (703) 537-7650 (704) 335-9997 Buyer Contact: FD Stonewater

Sale Date: 02/27/2019 Bldg Type: Class B Office Sale Price: $17,000,000 - Full Value Year Built/Age: Built 1989 Age: 30 Price/SF: $190.89 RBA: 89,056 SF Land Area: 14.45 AC (629,442 SF) PrFrma Cap Rate: - Zoning: R10

Parcel No: 172-00-0-122 Financing: Down payment of $5,900,000 (34.7%); $11,100,000 from Starwood Mortgage Capital, LLC; Acquisition & Development loan type Comp ID: 4688547 – Research Status: Full Value 17 501 Great Circle Rd (Part of Multi-Property) SOLD

Nashville, TN 37228 Davidson County

True Buyer: Caden Holdings Recorded Seller: Ebon Falcon, LLC 1207B McGavock St 345 Hill Ave Nashville, TN 37203 Nashville, TN 37210 (615) 255-4555 (615) 255-2400 Jim Caden

Sale Date: 07/26/2019 Bldg Type: Class B Office Sale Price: $15,952,939 - Allocated Year Built/Age: Built 1985 Renov 2000 Age: 34 Price/SF: $145.97 RBA: 109,288 SF Land Area: 6.22 AC (270,943 SF) PrFrma Cap Rate: - Zoning: IWD Actual Cap Rate: - Sale Conditions: Building in Shell Condition, Sale Leaseback

Parcel No: Financing: - Comp ID: 4842828 – Research Status: Allocated

18 700 8th Ave S - Voorhees Building (Part of Multi-Property) SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: MTP VOORHEES- 700 8TH AVE True Seller: Harmolio, LLC SOUTH, LLC 280 Madison Ave New York, NY 10016 (212) 689-0288 Arthur Friedman Seller Contact: Baker Storey McDonald Properties

Sale Date: 12/16/2019 Bldg Type: Class B OfficeLoft/Creative Space Sale Price: $15,882,197 - Allocated Year Built/Age: Built 1945 Age: 74 Price/SF: $330.88 RBA: 48,000 SF Land Area: 0.82 AC (35,719 SF) PrFrma Cap Rate: - Zoning: CF Actual Cap Rate: - Sale Conditions: Bulk/Portfolio Sale, Redevelopment Project

Parcel No: Financing: - Comp ID: 4985332 – Research Status: Allocated

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Page 6 19 3038 Sidco Dr - ABRH, LLC SOLD

Nashville, TN 37204 Davidson County

Recorded Buyer: ZE Sidco TN Realty LLC Recorded Seller: O'charley's Inc 306 Gay St Nashville, TN 37201 True Seller: O'Charley's Inc.

Sale Date: 03/22/2019 (105 days on mkt) Bldg Type: Class B Office Sale Price: $13,950,000 - Confirmed Year Built/Age: Built 1963 Age: 56 Price/SF: $231.71 RBA: 60,205 SF Land Area: 4.08 AC (177,725 SF) PrFrma Cap Rate: 7.70% Zoning: Industrial Actual Cap Rate: - Sale Conditions: Investment Triple Net, Sale Leaseback

Parcel No: 132-04-0-012 Financing: Down payment of $6,626,250 (47.5%); $7,323,750 from Citi Real Estate Funding Inc.; Acquisition & Development loan type Comp ID: 4711709 – Research Status: Confirmed 20 2611 West End Ave (Part of Multi-Property) SOLD

Nashville, TN 37203 Davidson County

True Buyer: The Vanderbilt University Recorded Seller: Natchez West II, LLC 2100 West End Ave 103 Continental Pl Nashville, TN 37203 Brentwood, TN 37027 (615) 343-0550 True Seller: Raskin Holdings, LLC

Sale Date: 08/01/2019 Bldg Type: Class C OfficeMedical Sale Price: $13,700,000 - Full Value Year Built/Age: Built 1985 Age: 33 Price/SF: $526.92 RBA: 26,000 SF Land Area: 1.19 AC (51,836 SF) PrFrma Cap Rate: - Zoning: CL

Parcel No: Financing: - Comp ID: 4849334 – Research Status: Full Value

21 205 Miller Springs Ct SOLD

Franklin, TN 37064 Williamson County

Recorded Buyer: Pinnacle Bk Recorded Seller: 205 Miller Franklin LLC 150 3rd Ave S 1659 W Hubbard St Nashville, TN 37201 Chicago, IL 60622 (615) 744-3700 True Seller: 205 Miller Franklin LLC

Sale Date: 06/27/2019 Bldg Type: Class B Office Sale Price: $13,600,000 - Confirmed Year Built/Age: Built 2008 Age: 11 Price/SF: $272.00 RBA: 50,000 SF Land Area: 5.98 AC (260,489 SF) PrFrma Cap Rate: - Zoning: GO

Parcel No: 079O-C-003.00, 079O-C-004.00, 079O-C-005.00 Financing: Down payment of $13,600,000 (100.0%) Comp ID: 4851034 – Research Status: Confirmed

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Page 7 22 115 East Park Dr - Maryland Park Center (Part of Multi-Property) SOLD

Brentwood, TN 37027 Williamson County

Recorded Buyer: Magnolia Investment Partners, True Seller: Albany Road Real Estate Partners LLC 155 Federal St 1400 Buford Dr Boston, MA 02110 Sugar Hill, GA 30518 (617) 279-2360

Sale Date: 06/07/2019 Bldg Type: Class B Office Sale Price: $11,873,000 - Allocated Year Built/Age: Built 1997 Age: 22 Price/SF: $271.72 RBA: 43,696 SF Land Area: 3.12 AC (135,907 SF) PrFrma Cap Rate: - Zoning: GC

Parcel No: Financing: - Comp ID: 4781945 – Research Status: Allocated

23 521 8th Ave S - The Cannery (Part of Multi-Property) SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: Cannery Owner LLC Recorded Seller: Warner Partners LP 521 8th Ave S Nashville, TN 37203 (615) 614-3260

Sale Date: 10/18/2019 Bldg Type: Class C Office Sale Price: $11,452,900 - Allocated Year Built/Age: Built 1900 Age: 119 Price/SF: $238.42 RBA: 48,036 SF Land Area: 0.59 AC (25,700 SF) PrFrma Cap Rate: - Zoning: CF

Parcel No: Financing: - Comp ID: 4920416 – Research Status: Allocated

24 500 8th Ave S - Multi-Property Sale (Part of Multi-Property) SOLD

Nashville, TN 37203 Davidson County

True Buyer: Lincoln Property Company Recorded Seller: Circle South Partners LLC 2000 McKinney Ave Dallas, TX 75201 (214) 740-3300 Chris Thomas Buyer Contact: Lincoln Property Company

Sale Date: 11/11/2019 Bldg Type: Class C Office Sale Price: $9,991,282 - Allocated Year Built/Age: Built 1976 Age: 43 Price/SF: $668.05 RBA: 14,956 SF Land Area: 0.29 AC (12,632 SF) PrFrma Cap Rate: - Zoning: CF Actual Cap Rate: - Sale Conditions: Redevelopment Project

Parcel No: Financing: - Comp ID: 4945915 – Research Status: Allocated

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 8 25 65 Music Sq W SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: David V Mastran Recorded Seller: Brown Benny M 580 Jackson Blvd 2280 Short Dr Nashville, TN 37205 Corning, CA 96021 (530) 646-9744 True Buyer: David V Mastran

Sale Date: 01/25/2019 Bldg Type: Class B Office Sale Price: $7,500,000 - Full Value Year Built/Age: Built 1989 Age: 30 Price/SF: $319.27 RBA: 23,491 SF Land Area: 0.52 AC (22,651 SF) PrFrma Cap Rate: - Zoning: ORI

Parcel No: 104-04-0-073 Financing: - Comp ID: 4677415 – Research Status: Full Value

26 3800 Charlotte Ave SOLD

Nashville, TN 37209 Davidson County

Recorded Buyer: Pdg Charlotte Llc Recorded Seller: Metropolitan-government Of Nashvi 4228 N Central Expy Dallas, TX 75206 True Buyer: Price Development Group, LLC

Sale Date: 06/27/2019 Bldg Type: Class C Office Sale Price: $7,450,000 - Confirmed Year Built/Age: Built 1965 Age: 54 Price/SF: $398.20 RBA: 18,709 SF Land Area: 4.38 AC (190,793 SF) PrFrma Cap Rate: - Zoning: IR Actual Cap Rate: - Sale Conditions: High Vacancy Property, Redevelopment Project

Parcel No: 092-09-0-169 Financing: $5,000,000 from US Bank Comp ID: 4835522 – Research Status: Confirmed

27 3415 Murphy Rd SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: Parke W Invs Ptrs Llc True Seller: Fifth Third Bank 3415 Murphy Rd 38 Fountain Square Pl Nashville, TN 37203 Cincinnati, OH 45202 (866) 531-3427

Sale Date: 08/22/2019 (351 days on mkt) Bldg Type: Class B Office Sale Price: $7,175,000 - Confirmed Year Built/Age: Built 2004 Age: 15 Price/SF: $651.62 RBA: 11,011 SF Land Area: 1.43 AC (62,291 SF) PrFrma Cap Rate: - Zoning: - Actual Cap Rate: - Sale Conditions: Redevelopment Project

Parcel No: 104-06-0-058 Financing: Down payment of $2,425,000 (33.8%); $4,750,000 from Pinnacle Bank Comp ID: 4864907 – Research Status: Confirmed

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 9 28 320 Plus Park Blvd SOLD

Nashville, TN 37217 Davidson County

Recorded Buyer: Launchpad Development Two Recorded Seller: CA Nashville 320 PPB LLC Nashville LLC 350 Twin Dolphin Dr Redwood City, CA 94065

Sale Date: 05/30/2019 Bldg Type: Class B Office Sale Price: $7,064,843 - Full Value Year Built/Age: Built 1987 Age: 32 Price/SF: $197.55 RBA: 35,762 SF Land Area: 2.28 AC (99,317 SF) PrFrma Cap Rate: - Zoning: CS

Parcel No: 106-00-0-159 Financing: - Comp ID: 4781437 – Research Status: Full Value

29 3212 West End Ave - Westpark Bldg SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: Abby Lane Properties-West, Recorded Seller: Starker Services, Inc LLC 701 Franklin Ave 2049 Fransworth Dr Lexington, KY 40508 Nashville, TN 37205 (859) 381-1031 (615) 352-8046

Sale Date: 01/25/2019 Bldg Type: Class B Office Sale Price: $7,000,000 - Confirmed Year Built/Age: Built 1984 Age: 35 Price/SF: $185.51 RBA: 37,733 SF Land Area: 0.42 AC (18,295 SF) PrFrma Cap Rate: - Zoning: ORI

Parcel No: - Financing: - Comp ID: 4658168 – Research Status: Confirmed

30 5213 Linbar Dr - Haywood Oaks 4 (Part of Multi-Property) SOLD

Nashville, TN 37211 Davidson County

True Buyer: Elmington Capital Group Recorded Seller: Albany Road-Haywood Oaks LLC 118 16th Ave S 10 High St Nashville, TN 37203 Boston, MA 02110 (615) 490-6700 John Grantham Buyer Contact: Elmington Capital Group

Sale Date: 11/05/2019 Bldg Type: Class B Office Sale Price: $6,714,406 - Allocated Year Built/Age: Built 1988 Age: 31 Price/SF: $144.16 RBA: 46,576 SF Land Area: 3.83 AC (166,835 SF) PrFrma Cap Rate: - Zoning: CS

Parcel No: Financing: - Comp ID: 4939614 – Research Status: Allocated

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 10 31 570 Bakers Bridge Ave SOLD

Franklin, TN 37067 Williamson County

Recorded Buyer: Bakers Bridge Investments LLC Recorded Seller: Franklin Land Partners

Recorded Buyer: Bakers Bridge Investments Llc Recorded Seller: - 6802 Avenue 120 Tipton, CA 93272

True Buyer: BD Desert Mesa Investments, True Seller: Pediatric Associates of Franklin LLC 570 Bakers Bridge Ave 6802 Ave 120 Franklin, TN 37067 Tipton, CA 93272 (615) 790-3200 (559) 752-7018 Thomas Carr Clarence Bosman

Sale Date: 08/02/2019 (113 days on mkt) Bldg Type: Class B OfficeMedical Sale Price: $6,400,000 - Confirmed Year Built/Age: Built 2010 Age: 9 Price/SF: $456.33 RBA: 14,025 SF

PrFrma Cap Rate: - Zoning: C Actual Cap Rate: 6.44% Sale Conditions: 1031 Exchange, Sale Leaseback

Parcel No: 054-003.02 Financing: $3,981,000 from Reliant Bank; Construction loan type Comp ID: 4852747 – Research Status: Confirmed

32 131 2nd Ave - Zimmerman Bldg SOLD

Nashville, TN 37219 Davidson County

Recorded Buyer: 131 2nd Avenue, LLC Recorded Seller: NVS PROPERTIES LLC 131 2nd Ave N 131 2nd Ave N Nashville, TN 37201 Nashville, TN 37201 (615) 736-2811 True Buyer: Corner Realty Partners, LLC

Sale Date: 06/24/2019 (643 days on mkt) Bldg Type: Class C Office Sale Price: $6,300,000 - Confirmed Year Built/Age: Built 1910 Renov 1985 Age: 109 Price/SF: $439.02 RBA: 14,350 SF Land Area: 0.07 AC (3,049 SF) PrFrma Cap Rate: - Zoning: CF Actual Cap Rate: - Sale Conditions: Redevelopment Project

Parcel No: 093-06-2-057 Financing: - Comp ID: 4797046 – Research Status: Confirmed

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Page 11 33 1620 Westgate Cir - Protective Life Bldg (Part of Multi-Property) SOLD

Brentwood, TN 37027 Williamson County

Recorded Buyer: SS Westgate LLC Recorded Seller: Westgate Commons Owners True Buyer: SouthStar LLC

Sale Date: 03/22/2019 Bldg Type: Class B Office Sale Price: $6,267,142 - Allocated Year Built/Age: Built 1998 Age: 21 Price/SF: $198.11 RBA: 31,634 SF Land Area: 2 AC (87,120 SF) PrFrma Cap Rate: - Zoning: C-1 SR

Parcel No: Financing: - Comp ID: 4722820 – Research Status: Allocated

34 613 Ewing Ave SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: Ink Building Venture Group Recorded Seller: Mg Real Estate Holdings Llc True Buyer: Bristile Properties

Sale Date: 02/27/2019 (262 days on mkt) Bldg Type: Class B OfficeLoft/Creative Space Sale Price: $6,000,000 - Confirmed Year Built/Age: Built 1954 Renov 2015 Age: 65 Price/SF: $268.54 RBA: 22,343 SF Land Area: 0.36 AC (15,682 SF) PrFrma Cap Rate: - Zoning: Downtown Code (DTC)

Parcel No: 093-14-0-295 Financing: - Comp ID: 4687615 – Research Status: Confirmed

35 1143 Columbia Ave - Carter's Court SOLD

Franklin, TN 37064 Williamson County

Recorded Buyer: Warner Partners Lp Recorded Seller: Village Of Carters Court Llc 1143 Columbia Ave Franklin, TN 37064 True Buyer: Warner Partners LP

Sale Date: 11/27/2019 Bldg Type: Class B Office Sale Price: $5,600,000 - Confirmed Year Built/Age: Built 1974 Age: 45 Price/SF: $341.88 RBA: 16,380 SF Land Area: 2.55 AC (111,078 SF) PrFrma Cap Rate: - Zoning: COMM

Parcel No: 078F-D-026.00 Financing: - Comp ID: 4984025 – Research Status: Confirmed

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 12 36 1143 Columbia Ave - Village Of Carter's Court (Part of Multi-Property) SOLD

Franklin, TN 37064 Williamson County

Recorded Buyer: Warner Partners LP Recorded Seller: The Village of Carters Court LLC 521 8th Ave S 5018 Mountview Pl Nashville, TN 37203 Brentwood, TN 37027 (615) 614-3260 True Buyer: James C Moen

Sale Date: 11/27/2019 (580 days on mkt) Bldg Type: Class B Office Sale Price: $4,346,489 - Allocated Year Built/Age: Built 1974 Age: 45 Price/SF: $271.66 RBA: 16,000 SF Land Area: 3 AC (130,680 SF) PrFrma Cap Rate: - Zoning: - Actual Cap Rate: - Sale Conditions: Redevelopment Project

Parcel No: Financing: - Comp ID: 4964428 – Research Status: Allocated

37 1624 Westgate Cir - Westgate Commons I (Part of Multi-Property) SOLD

Brentwood, TN 37027 Williamson County

Recorded Buyer: SS Westgate LLC Recorded Seller: Westgate Commons Owners True Buyer: SouthStar LLC

Sale Date: 03/22/2019 Bldg Type: Class B Office Sale Price: $4,132,858 - Allocated Year Built/Age: Built 2001 Age: 18 Price/SF: $198.11 RBA: 20,861 SF Land Area: 2 AC (87,120 SF) PrFrma Cap Rate: - Zoning: C-1 SR

Parcel No: Financing: - Comp ID: 4722820 – Research Status: Allocated

38 1030 16th Ave S SOLD

Nashville, TN 37212 Davidson County

Recorded Buyer: Music Row 3 Llc Recorded Seller: Wachtler Family Living Trust True Buyer: Alston Construction Co

Sale Date: 12/11/2019 Bldg Type: Class B Office Sale Price: $3,983,606 - Full Value Year Built/Age: Built 1920 Age: 99 Price/SF: $380.41 RBA: 10,472 SF Land Area: 0.18 AC (7,841 SF) PrFrma Cap Rate: - Zoning: ORI Actual Cap Rate: - Sale Conditions: Assemblage, High Vacancy Property

Parcel No: 104-04-0-175 Financing: - Comp ID: 4995577 – Research Status: Full Value

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 13 39 50 W Music Sq - 50 MSW-United Artists Tower SOLD

Nashville, TN 37203 Davidson County

True Buyer: - True Seller: -

Sale Date: 12/10/2019 Bldg Type: Class B OfficeOffice/Residential Sale Price: $3,800,000 - Full Value Year Built/Age: Built 1974 Renov 2006 Age: 45 Price/SF: $67.02 RBA: 56,700 SF Land Area: 1 AC (43,560 SF) PrFrma Cap Rate: - Zoning: ORI

Parcel No: R0007797 Financing: - Comp ID: 4991376 – Research Status: Full Value

40 807 Palmer Pl - The Cannery (Part of Multi-Property) SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: Cannery Owner LLC Recorded Seller: Warner Partners LP 521 8th Ave S Nashville, TN 37203 (615) 614-3260

Sale Date: 10/18/2019 Bldg Type: Class B Office Sale Price: $3,727,865 - Allocated Year Built/Age: Built 1900 Renov 2000 Age: 119 Price/SF: $310.66 RBA: 12,000 SF Land Area: 1.05 AC (45,738 SF) PrFrma Cap Rate: - Zoning: CF

Parcel No: Financing: - Comp ID: 4920416 – Research Status: Allocated

41 9015 Overlook Blvd - Overlook Office Park (Part of Multi-Property) SOLD

Brentwood, TN 37027 Williamson County

Recorded Buyer: 3 Oaks Holdings Trust Recorded Seller: Efc Systems Inc

Sale Date: 06/21/2019 Bldg Type: Class C Office Sale Price: $3,463,769 - Allocated Year Built/Age: Built 1995 Age: 24 Price/SF: $329.88 RBA: 10,500 SF Land Area: 2 AC (87,120 SF) PrFrma Cap Rate: - Zoning: Commercial

Parcel No: Financing: - Comp ID: 4814542 – Research Status: Allocated

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 14 42 1314 5th Ave N - Germantown Center SOLD

Nashville, TN 37208 Davidson County

Recorded Buyer: 1320 5th Avenue North, LLC Recorded Seller: 40 Rutledge Street

Sale Date: 06/05/2019 (660 days on mkt) Bldg Type: Class B Office Sale Price: $3,325,000 - Confirmed Year Built/Age: Built 1960 Age: 59 Price/SF: $279.41 RBA: 11,900 SF Land Area: 0.70 AC (30,492 SF) PrFrma Cap Rate: - Zoning: MUN Actual Cap Rate: - Sale Conditions: High Vacancy Property, Redevelopment Project

Parcel No: 082-09-0-158 Financing: $8,612,500 from Franklin Synergy Bank Comp ID: 4787298 – Research Status: Confirmed

43 176 Thompson Ln - Thompson Executive Center SOLD

Nashville, TN 37211 Davidson County

Recorded Buyer: B SQUARED LLC Recorded Seller: Victor Hope Capital Llc 2702 Greystone Rd 176 Thompson Ln Nashville, TN 37204 Nashville, TN 37211 (615) 365-7472 (615) 333-8922

Sale Date: 08/22/2019 Bldg Type: Class C Office Sale Price: $3,300,000 - Full Value Year Built/Age: Built 1974 Age: 45 Price/SF: $163.45 RBA: 20,190 SF Land Area: 1.31 AC (57,064 SF) PrFrma Cap Rate: - Zoning: OR20

Parcel No: 119-10-0-102 Financing: Down payment of $660,000 (20.0%); $2,640,000 from Servisfirst Bank Comp ID: 4867411 – Research Status: Full Value

44 145 Southeast Pky SOLD

Franklin, TN 37064 Williamson County

Recorded Buyer: Nutritional Support Svcs Lp Recorded Seller: 145 Sep Llc 100 E Vine St 700 S 12TH Ave Murfreesboro, TN 37130 Nashville, TN 37203 (615) 890-2020

Sale Date: 04/30/2019 Bldg Type: Class B Office Sale Price: $2,794,928 - Confirmed Year Built/Age: Built 1998 Age: 21 Price/SF: $123.55 RBA: 22,622 SF Land Area: 2.05 AC (89,298 SF) PrFrma Cap Rate: - Zoning: 08 Actual Cap Rate: 9.00% Sale Conditions: -

Parcel No: 090-015.09 Financing: - Comp ID: 4760363 – Research Status: Confirmed

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Page 15 45 218 3rd Ave N SOLD

Nashville, TN 37201 Davidson County

Recorded Buyer: Pan Denali Trust Recorded Seller: 218 Llc 401 Church St Nashville, TN 37219

Sale Date: 04/25/2019 Bldg Type: Class B Office Sale Price: $2,000,000 - Full Value Year Built/Age: Built 1890 Renov 2009 Age: 128 Price/SF: $95.73 RBA: 20,892 SF Land Area: 0.10 AC (4,356 SF) PrFrma Cap Rate: - Zoning: DTC

Parcel No: 093-02-3F-004.00-C Financing: $3,281,000 from First Community Bank Comp ID: 4763983 – Research Status: Full Value

46 1325 W Main St SOLD

Franklin, TN 37064 Williamson County

Recorded Buyer: 2nb Llc Recorded Seller: White Family Trust 5043 Hill Place Dr 495 El Camino Real Nashville, TN 37205 Menlo Park, CA 94025 (615) 591-4750

Sale Date: 02/14/2019 Bldg Type: Class C Office Sale Price: $1,900,000 - Confirmed Year Built/Age: Built 1977 Age: 42 Price/SF: $93.20 RBA: 20,386 SF Land Area: 2.65 AC (115,434 SF)

Parcel No: 078J-B-011.00 Financing: - Comp ID: 4697227 – Research Status: Confirmed

47 201 Thompson Ln - 201 Building SOLD

Nashville, TN 37211 Davidson County

Recorded Buyer: Oak Holdings Llc Recorded Seller: Mehran & Roushi Llc 26 Inveraray Nashville, TN 37215

Recorded Buyer: Oak Holdings, LLC Recorded Seller: Mehran & Roushi LLC 26 Iveraray 213 Overlook Dr Nashville, TN 37215 Brentwood, TN 37027 (615) 496-7356 (615) 417-6556

True Buyer: Bruce B Yazdian True Seller: Mehran & Roushi LLC 26 Inveraray 213 Overlook Dr Nashville, TN 37215 Brentwood, TN 37027 (615) 496-7356 (615) 417-6556 Bruce Yazdian Roushi Pazouki

Copyrighted report licensed to Nashville Office Consulting - 294273. 1/13/2020

Page 16 Sale Date: 05/03/2019 (95 days on mkt) Bldg Type: Class C OfficeMedical Sale Price: $1,700,000 - Confirmed Year Built/Age: Built 1967 Renov 2000 Age: 52 Price/SF: $147.11 RBA: 11,556 SF

PrFrma Cap Rate: - Zoning: CS Actual Cap Rate: 4.50% Sale Conditions: -

Parcel No: 119-09-0-268 Financing: - Comp ID: 4749805 – Research Status: Confirmed

48 3515 Central Pike - Stones River Professional Building (Part of Multi-Property) SOLD

Hermitage, TN 37076 Davidson County

Recorded Buyer: Donelson Property Group Recorded Seller: Lynn Cawthorne 2517 Lebanon Pike 4064 Twin Oaks Ln Nashville, TN 37214 Antioch, TN 37013 (615) 641-2464

Sale Date: 02/05/2019 Bldg Type: Class C Office Sale Price: $1,209,620 - Allocated Year Built/Age: Built 1980 Age: 39 Price/SF: $90.53 RBA: 13,362 SF Land Area: 5.12 AC (223,027 SF) PrFrma Cap Rate: - Zoning: CS

Parcel No: Financing: - Comp ID: 4680347 – Research Status: Allocated

49 3203 Brick Church Pike SOLD

Nashville, TN 37207 Davidson County

Recorded Buyer: First Street Missionary Baptist Recorded Seller: Victory Church Of Nashville Inc Church 1700 Worl Baptist Center Dr 1212 9th Ave N Brentwood, TN 37027 Nashville, TN 37208 (615) 226-9927 (615) 256-1017

Sale Date: 09/05/2019 (68 days on mkt) Bldg Type: Class B OfficeOffice/Residential Sale Price: $1,100,000 - Confirmed Year Built/Age: Built 1967 Age: 52 Price/SF: $94.78 RBA: 11,606 SF Land Area: 2.08 AC (90,605 SF) PrFrma Cap Rate: - Zoning: 5 Actual Cap Rate: - Sale Conditions: Business Value Included

Parcel No: 050-14-0-119 Financing: - Comp ID: 4885766 – Research Status: Confirmed

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Page 17 50 325 Plus Park Blvd - Park Plus Office Plaza SOLD

Nashville, TN 37217 Davidson County

Recorded Buyer: Universal Inc Recorded Seller: Volunteer Taxi 2201 Murfreesboro Rd Nashville, TN 37217 (615) 497-3417 (615) 955-7777

Recorded Buyer: Universal Inc Recorded Seller: Volunteer Taxi Inc 6701 Birchbrook Dr Antioch, TN 37013

True Buyer: Solomon Tadele True Seller: Volunteer Taxi 6701 Birchbrook Dr 2201 Murfreesboro Rd Antioch, TN 37013 Nashville, TN 37217 (615) 497-3417 (615) 955-7777 Solomon Tadele Delelegn Ambaw

Sale Date: 08/27/2019 (354 days on mkt) Bldg Type: Class C Office Sale Price: $980,000 - Confirmed Year Built/Age: Built 1973 Age: 46 Price/SF: $64.81 RBA: 15,120 SF

PrFrma Cap Rate: - Zoning: CS Actual Cap Rate: - Sale Conditions: Deferred Maintenance

Parcel No: 106-00-0-131 Financing: Down payment of $294,000 (30.0%) Comp ID: 4868238 – Research Status: Confirmed

51 4013 Travis Dr SOLD

Nashville, TN 37211 Davidson County

Recorded Buyer: 4013 Travis Drive Llc Recorded Seller: Jwc Family Llc 615 Main St Nashville, TN 37206

Sale Date: 07/08/2019 (277 days on mkt) Bldg Type: Class C OfficeLoft/Creative Space Sale Price: $980,000 - Confirmed Year Built/Age: Built 1969 Age: 50 Price/SF: $81.19 RBA: 12,070 SF Land Area: 0.58 AC (25,265 SF) PrFrma Cap Rate: - Zoning: CS Actual Cap Rate: - Sale Conditions: High Vacancy Property

Parcel No: 133-15-0-101 Financing: $1,312,000 from First Citizens National Bank Comp ID: 4809352 – Research Status: Confirmed

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Page 18 52 5040 Linbar Dr - Multi-Property Sale (Part of Multi-Property) SOLD

Nashville, TN 37211 Davidson County

Recorded Buyer: Holladay Properties Recorded Seller: Lb Associates Llc 1508 Elm Hill Pike Nashville, TN 37210 (615) 244-9620

Recorded Buyer: Linbar Flats Llc Recorded Seller: LB Associates, LLC & Smith, Terry 1508 Elm Hill Pike E. ETUX Nashville, TN 37210 300 Broadway Nashville, TN 37201

True Buyer: Holladay Properties, Inc. True Seller: Smith Terry E 1508 Elm Hill Pike 110 Blue Ridge Dr Nashville, TN 37210 Hendersonville, TN 37075 (615) 244-9620 (615) 822-5503 Micah Williams Terry Smith

Sale Date: 09/26/2019 (176 days on mkt) Bldg Type: Class C Office Sale Price: $695,240 - Allocated Year Built/Age: Built 1976 Age: 43 Price/SF: $23.17 RBA: 30,000 SF

PrFrma Cap Rate: - Zoning: CS

Parcel No: Financing: - Comp ID: 4897031 – Research Status: Allocated

53 5042 Linbar Dr - Multi-Property Sale (Part of Multi-Property) SOLD

Nashville, TN 37211 Davidson County

Recorded Buyer: Holladay Properties Recorded Seller: Lb Associates Llc 1508 Elm Hill Pike Nashville, TN 37210 (615) 244-9620

Recorded Buyer: Linbar Flats Llc Recorded Seller: LB Associates, LLC & Smith, Terry 1508 Elm Hill Pike E. ETUX Nashville, TN 37210 300 Broadway Nashville, TN 37201

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Page 19 Sale Date: 09/26/2019 (176 days on mkt) Bldg Type: Class C Office Sale Price: $679,760 - Allocated Year Built/Age: Built 1976 Age: 43 Price/SF: $23.17 RBA: 29,332 SF

PrFrma Cap Rate: - Zoning: CS

Parcel No: Financing: - Comp ID: 4897031 – Research Status: Allocated

54 1714 Hayes St SOLD

Nashville, TN 37203 Davidson County

Recorded Buyer: Vastland Dev Ptshp Recorded Seller: Avalon Midtown Gp 1720 W End Ave Nashville, TN 37203

Sale Date: 12/10/2019 Bldg Type: Class C Office Sale Price: - Year Built/Age: Built 1960 Age: 59 Price/SF: - RBA: 12,339 SF Land Area: 0.39 AC (16,988 SF) PrFrma Cap Rate: - Zoning: CF

Parcel No: 092-12-0-465 Financing: - Comp ID: 4995626 – Research Status: Public Record

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