Oceanwide Resort MIXED-USE DEVELOPMENT LAND

For Sale - Fee Simple | Kapolei, Future Oceanwide Future Resort Resort Hotel

James Campbell Makaiwa Hills 4,100 Planned Homes

Oceanwide Resort Kapolei West 2,500 Planned Homes Future Kapolei Be a Part of Parkway Extension SOMETHING BIG

ADT 51,429 Oceanwide Resort’s Mixed-Use Development Land is an 11.30 acre BMX-3 zoned parcel within the Kapolei Urban Core. This land will be the gateway to Oceanwide’s future Kapolei West residential project which will consist of approximately 2,500 upscale homes with amenities such as bike paths, walking paths, and a large lake available to residents for stand-up paddle boarding, swimming, and other water activities ideal for Hawaii’s tropical climate.

The extension of Kapolei Parkway will run through the middle of the Mixed-Use Development Land, providing direct access to Ko Olina. With this new Kapolei Parkway Extension Road, these properties will become the core for Kapolei and Ko’olina’s resort living.

LOT LA-1 BMX-3

KAPOLEI BUSINESS PARK WEST Oceanwide Resort MIXED-USE DEVELOPMENT LAND

Lot Zoning Acres Asking Price $/PSF $/Acre JAMES CAMPBELL INDUSTRIAL PARK LA1 BMX-3 11.30 $34,455,960 $70 $3,049,200 MAKAOLE INDUSTRIAL PARK

KAPOLEI BUSINESS PARK

KAPOLEI BUSINESS PARK WEST

LOT LA-1 BMX-3

TM Kalaeloa Blvd

ADT 51,429

James Campbell Makaiwa Hills 4,100 Planned Homes Development Potential BMX-3

Kapolei Village Center BMX-3 Zoning: › High Density Mixed Use 1020 Wakea › Allows wide range of commercial, residential, and KAPOLEI LOFTS MEHANA limited service hotel uses BY DR HORTON › Height Limit: Up to 90 Feet › 2.5 Floor to Area Ratio Ideal Opportunity for Mixed Use Development KAPOLEI › Apartment Rentals BUSINESS PARK › Condo’s › Retail on Ground Floor › Limited Service Hotel KAPOLEI BUSINESS › Office PARK WEST LOT LA-1 › Medical Office BMX-3 Land to be delivered in the following condition: › Fully Subdivided › Level › Rough Graded › Compacted › Utilities Stubbed

Future Kapolei Parkway Extension

Oceanwide Resort Kapolei West 2,500 Planned Homes KAPOLEI HOUSING KAPOLEI’S POPULATION GROWTH GROWTH 2000-2040 2000-2040 SOURCE: Plasch Econ Pacific LLC Source: Plasch Econ Pacific LLC 183,070

2000 20,800 178,210

KAPOLEI HOUSING KAPOLEI’S POPULATION 172,680

Kapolei Demographics 2005 26,010 166,030

GROWTH GROWTH 157,530 2010 30,730 2000-2040 2000-2040 146,100 ’S SECOND CITY SOURCE: Plasch Econ Pacific LLC Source: Plasch Econ Pacific LLC 2015 35,810 130,700 107,234 116,050 183,070

2020 40,900 101,400 2000 20,800 178,210 FASTEST

2025 46,430 172,680 85,850

2005 26,010 166,030

2030 51,080 157,530 GROWING CURR2010 ENT JOB CENTERS 30,730 NUMBER OF JOBS 68,700 IN THE KAPOLEI 2035 IN THE KAPOLEI 54,620 146,100

2015 35,810 130,700 CITY

2040 57,510 107,234 REGION REGION 116,050

2020 40,900 101,400 SOURCE: Plasch Econ Pacific LLC 2045 SOURCE: Plasch Econ Pacific LLC 59,99 0 KAPOLEI HOUSING KAPOLEI’S POPULATION (Not including construction jobs) (Not including construction jobs) 2025 46,430 Kapolei is and will continue GROWTH GROWTH 2050 85,850 62,230 2030 51,080 2000 2005 2010 2015 202to0 be2025 the2030 fastest2035 204 growing0 2045 2050 68,700 2000-2040 2000-2040 region in the State. Using SOURCE: Plasch Econ Pacific LLC Source: Plasch Econ Pacific LLC 2035 HOME 54,620 MEDIAN COMMERCIAL OWNERSHIP HOUSEHOLD SPACE 2040 57,510 2020 as a baseline, by 183,070 RATE INCOME Kapolei tomorrow KAPOLEI vs. today 2000 20,800 178,210 2045 70% 59,99 0 $83K DEM2050OGRAPHIC the populationS 172,680 $70K 8.8 2050 65% 62,230 MILLION SF 7.8 42% MILLION SF AVERAGwillE HOUgrowSEHOLD by 40 SIZ E:percent, 3.43 2005 26,010 166,030 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 City of Kapolei MEDIAN AGE: 31.9 157,530 housing will increase by 2010 30,730 Ewa Beach 146,100 10HOME% MEDIAN COMMERCIAL EDUCATION: OWNERSHIP HOUSEHOLD SPACE 52 percent, and jobs will High school – 30.1%

2015 35,810 130,700 RATE INCOME Kapolei tomorrow KAPOLEI

107,234 vs. Honolulu today Someexpand college – 26.1%by 77 percent. 116,050 HONOLULU KAPOLEI HONOLULU KAPOLEI HONOLULU KAPOLEI % Ewa Gentry 70% $83K DEMOGRAPHICS 2020 40,900 101,400 7 $70K 8.8REGION REGION 2010 REGION Associate’s degree – 11.6% 65% MILLION SF 7.8 2025 Kapolei is also ethnically MILLION SF AVERAGE HOUSEHOLD SIZE: 3.4Bache3 lor’s degree – 17.5% 2025 46,430 % Ko Olina 85,850 6 SOURCE: 2010 Census SOURCE: 2010 Census SOURCE: Plasch Econ Pacifi c LLC MEDIAN AGE: 31.9 Graduatediverse, degree –relatively 6.6% young and Colliers Monroe Friedlander Source: 2010 U.S. Census 2030 51,080 % Villages 68,700 6 of Kapolei EDUCATION: and well educated. High school – 30.1% 2035 54,620 % Makakilo / 5 Kunia HONOLULU KAPOLEI HONOLULU KAPOLEI HONOLULU KAPOLEI Some college – 26.1% 2040 57,510 % Ewa REGION REGION 2010 REGION Associate’s degree – 11.6% 3 Villages 2025 Bachelor’s degree – 17.5% SOURCE: City & County of Honolulu, 29,550 38,700 48,500 56,300 64,300 72,000 79,400 86,500 19,940 2045 59,990 Campbell 93,300 99,800 %SOURCE: 2010 Census Deptartment of SPlanningOURCE: &2010 Permit Censuting s SOURCE: Plasch Econ Pacifi c LLC Graduate degree – 6.6% Industrial Park 21 and Colliers Monroe Friedlander 2050 62,230 2000 2005 2010 2015 2020 2025 2030 2035 204Source:0 204 20105 U.S.205 Census0 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050 KAPOLEI REGION Source: 2010 U.S. Census HOME MEDIAN COMMERCIAL POPULATION BY ETHNICITY OWNERSHIP HOUSEHOLD SPACE RATE INCOME Kapolei tomorrow KAPOLEI % % vs. Honolulu today Filipino 26.8 0.9 Korean 70% $83K DEMOGRAPHICS KAPOLEI BY THE NUMBERS $70K 8.8 KAPOLEI REGION 65% MILLION SF 7.8 % MILLION SF AVERAGE HOUSEHOLD SIZE: 3.43 Charting the region’s growth Source: 2010 U.S.1.5 Census Chinese MEDIAN AGE: 31.9 POPULATION BY ETHNICITY The numbers show that Kapolei is and will continue to be the fastest growing region % EDUCATION: in the state. As the charts show, using 2020 as a baseline, by 2050 the population will 4.3 Other increase% by 40 percent, housing will grow by 52% percent, and jobs will increase by% High school – 30.1% Filipino 26.877 percent. KapoleiTwo or is alsomore ethnic racesally diverse, 28 relatively young and well educated.0.9 Korean % Some college – 26.1% 4.9 Other Asian HONOLULU KAPOLEI HONOLULU KAPOLEI HONOLULU KAPOLEI % REGION REGION 2010 REGION Associate’s degree – 11.6% Chinese 2025 1.5 Bachelor’s degree – 17.5% % SOURCE: 2010 Census SOURCE: 2010 Census SOURCE: Plasch Econ Pacifi c LLC Graduate degree – 6.6% % 9.3 Native Hawaiian & and Colliers Monroe Friedlander % 4.3 Other Source: 2010 U.S. Census % Caucasion 18.6 Other Pacific Islander Two or more races 28 % 4.9 Other Asian 5.7% Japanese 9.3% Native Hawaiian & Caucasion 18.6% Other Pacific Islander KAPOLEI REGION 5.7% Japanese POPULATION BY ETHNICITY Source: 2010 U.S. Census Filipino 26.8% 0.9% Korean 1.5% Chinese 4.3% Other Two or more races 28% 4.9% Other Asian

9.3% Native Hawaiian & Caucasion 18.6% Other Pacific Islander 5.7% Japanese Oceanwide Resort MIXED-USE DEVELOPMENT LAND

Ho’opili Rail Station

Ko Olina Honolulu Rail Transit RESORT COMPLETION PROJECTED 2025 West Oahu is not only the fastest growing residential area in the State of Hawaii, but it is also home to the most concentrated growth in high-end visitor accommodations with the continued expansion of Ko Olina Resort. Ko Olina Resort encompasses 2,200 of 9,200 approved units built and occupied (5,200 residential and 4,000 resort or hotel Honolulu’s first mass transit rail system is currently under construction and will extend about 20-miles from Kapolei units). At full build-out, the area will be comparable in number of units to West Maui (Lahaina to Kapalua). to Ala Moana. Completion of the entire line is projected by 2025 with Phase 1 (Kapolei to Aloha Stadium) being completed by 2020. The first three rail stations are located in East Kapolei, a ten minute drive from the property. Kapolei Commons

West Oahu RETAIL DEVELOPMENTS

Ko Olina Station

Existing Retail Centers Size (SF) Ho’omaka Marketplace 1020 Wakea Ko Olina Center & Station 33,000 Kapolei Commons 557,316 Kapolei Village Center 59,487 Kapolei Entertainment Center 80,000 Crossroads at Kapolei 25,000 The Marketplace at Kapolei 64,000 Kapolei Shopping Center 135,411 Ka Makana Alii 1,400,000 Kealanani Plaza 20,000 Kapolei Village Center

In-Development Retail Centers Size (SF) Notes Projected Delivery 2021 (senior housing w/ Ka Makana Alii 1020 Wakea St 10,000 ground floor retail) Kealanani Plaza Kapolei Shopping Center Mokulani 3,500 Projected Delivery 2021 Ho’omaka Marketplace 47,250 Projected Delivery 2022 Ho’opili Gateway 90,000 Projected Delivery 2023 Kapolei Commons - Phase 3A 50,000 Projected Delivery 2023 Kapolei Commons - Phase 3B 50,000 Projected Delivery 2025 DEVELOPMENT TIMELINE STARTING YEAR Residential Development - 2019 Residential Development - 2020 Residential Development - 2021 991-ACRE UH WEST Residential Development - 2022 OAHU MAUKA PARCEL West Oahu Residential Development - 2023 RESIDENTIAL Residential Development - 2023+ DEVELOPMENTS

105,442 ADT

HOOPILI BY DR HORTON 11,750 PLANNED HOMES West Oahu neighborhoods include Ho’opili, Ewa (UNDER CONSTRUCTION) Beach and Kapolei. West Oahu is the fastest growing residential area in the State of Hawaii - with more than 30,000 new homes being built over the next decade. JAMES CAMPBELL MAKAIWA HILLS FT WEAVER RD 4,100 PLANNED HOMES 550-ACRE UH WEST OAHU MAKAI PARCEL NOTABLE DEVELOPMENTS

94,437 ADT DHHL & HHFDC KAPOLEI EAST KAPOLEI PHASE II Ho‘opili (D.R. Horton) SHOPPING CENTER 2,000 PLANNED UNITS 11,750 units approved KEALANANI PLAZA 33,811 ADT Oceanwide Resort MARKETPLACE COMING TO MARKET KUALAKAI PKWY SOON AT KAPOLEI DHHL & HHFDC University of Hawai‘i, West O‘ahu 37,640 ADT EAST KAPOLEI PHASE I 4,041 housing units approved (1,800 student CROSSROADS 403 PLANNED UNITS OCEANWIDE RESORT AT KAPOLEI housing units, 3,280 single and multifamily KAPOLEI WEST HOOMAKA units) KAPOLEI 2,500 PLANNED HOMES MARKETPLACE ENTERTAINMENT KULANA HALE EWA TOWN CENTER 297 PLANNED HOMES KA MAKANA ALII CENTER DHHL East Kapolei 1 & 2 KAPOLEI VILLAGE CENTER 2,403 units, 500 built and sold

17,488 ADT GENTRY SEABRIDGE KAPOLEI PKWY 277 PLANNED HOMES LAULANI VILLAGE KROC Center ROOSEVELT AVE SHOPPING CENTER 15 acre, 120,000 SF community center; 4,500 Oceanwide Resort KAPOLEI COMMONS families are already members M I X E D - U S E DEVELOPMENT LAND GENTRY CORAL RIDGE 178 PLANNED HOMES Ocean Pointe

Units 3,500 of 4,850 approved units built and Project Name Entitled/ To be Notes EWA POINTE occupied Built EWA BEACH Planned Built MARKETPLACE SHOPPING Hoopili 11,750 550 11,200 Under construction. Haakea, Haloa, and Akako Projects. HUNT PARCELS CENTER Wai Kai 761 - student/faculty housing 4,000 PLANNED HOMES KA MAKANA KUAPAPA UH West Oahu 4,041 0 4,041 355 - workforce/affordable housing 950 units of hotel/timeshare approved 2,925 homes - market-priced townhouses / single-family homes DHHL East Kapolei I 403 308 95 Under construction. Delivery date for remaining units - 2019 Haseko - Hoakalei Residences Under construciton. DHHL responsible for 1,000 units, HHFDC KIPUKA 4,000 of 4,850 planned homes built responsible for 1,000 units. HHFDC and The Michaels Organization DHHL East Kapolei II 2,000 160 1,840 broke ground July 2018 to build 320 rental units (Keahumoa Place) WAI KAI by 2020. There are 4 phases to this rental project. Gentry Seabridge 277 200 77 Under construction. Selling. Gentry Coral Ridge 178 120 58 Under construction. Selling. HASEKO HOAKALEI RESIDENCES Haseko Hoakalei Residences 4,850 4,000 850 Under construction in phases. Selling. Estimated completion 2020. 4,850 PLANNED HOMES James Campbell Makaiwa Hills 4,200 0 4,200 Entitled master plan. Unknown delivery date. Oceanwide Resort - Kapolei West 2,500 0 2,500 Entitled master plan. Hunt Parcels 4,000 0 4,000 First phase of 340 homes estimated delivery 2022 Under construction. Affordable rental units for seniors & families. Disclaimer: Best efforts have been made to obtain this Kulana Hale 297 0 297 Tower 1: For seniors 55+ only. 154 units. April 2020 completion. information on timing. Tower 2: For families. 143 units. Early 2021 completion. Total: 34,496 4,628 29,868 Oceanwide Resort ZONING OF SURROUNDING LAND A-1

A-1 PARK ELEMENTARY SCHOOL

A-1 OPEN SPACE/ PARK A-1

PARK Sample Renderings of ATLANTIS RESORT Residential Mixed Use Projects

A-1 B-2

5-STAR HOTEL A-2

A-2 PARK OPEN SPACE/

OPEN SPACE/ PARK OPEN SPACE/ PARK Example Uses BMX-3 AMX-2 Residential X A-2 OPEN SPACE/ PARK Amusement facilities, indoor X A-1 Art Galleries/ Museums X

Business X B-2 AMX-2 OPEN SPACE/ PARK Colleges, business X LOT LA-1 BMX-3 Eating Establishments X BMX-3 Financials Institutions X Hotels X* Medical, Laboratories X Grocery X Kalaeloa Blvd Schools X Meeting Facilities X *Allowed - subject to standards in Article 5 of the City and Council Land Use Ordinance (Conditional Use Permit)

Community Garden Bike and Pedestrian Paths Oceanwide Resort A DESTINATION IN

Oceanwide Resort Community PROGRESS (2,500 Planned Homes)

Oceanwide Resort Atlantis Hotel

Oceanwide Resort Atlantis Hotel Exclusive Contact NATHAN A. FONG (B) Senior Vice President 808 295 2582 [email protected] CONFIDENTIALITY AGREEMENT

THIS CONFIDENTIALITY AGREEMENT (this "Agreement") is made as of the _____ day of ______, 2020, by ______("Recipient"), in favor of Oceanwide Resort Community HI, LLC, a Delaware limited liability company, whose principal place of business and post office address is 1099 Alakea Street, Suite 2400, Hawaii, the owner of the Asset (defined below) (“Owner”), with respect to the fee simple interest in the property commonly known as Lot LA1 with TMK No. 1-9-1-15:31 containing approximately 11.30 acres of land with all improvements thereon located in Kapolei, Hawaii, 96707 (“Asset”).

1. Background. Owner and/or Owner’s broker, Colliers International (“Colliers”) may be providing and/or making available to Recipient information and/or documents relating to the Asset. The information may be presented to Recipient in various forms including, but not limited to, photocopies of documents, digital information on CD-ROM, digital information sent via electronic mail, and/or digital information accessible via the Internet (collectively “Information”).

2. Confidentiality. Recipient, including, but not limited to its directors, officers, employees, managers, members and/or shareholders, agrees that it will keep all Information, including any information derived from the Information, regardless of whether the Information is marked or specifically identified as “confidential” or “proprietary”, confidential, except as to Recipient’s professional consultants (disclosed to Owner in advance) who will be evaluating the feasibility of Recipient acquiring the Asset. The Confidential Information shall not include such portions thereof which (i) are or become available to the public other than as a result of a disclosure by the Recipient; (ii) becomes available on a non-confidential basis from another source which is not subject to a confidentiality agreement; (iii) was known by the Recipient prior to its disclosure by the Disclosing Party; or (iv) are required to be disclosed by applicable law or at the request of any regulatory authority having jurisdiction over the undersigned.

Recipient further agrees, prior to disclosing the Information to any consultants, that it will inform such consultant that they are required to observe and maintain the confidentiality of the Information and the provisions of this Agreement. Recipient is authorized to share such Confidential Information with investors only after such investors have also signed a Confidentiality Agreement with similarly content that the expressed in this Confidentiality Agreement.

3. Limitation on Use of Information. All Information furnished to Recipient by Owner will be used solely by Recipient for the purpose of evaluating the feasibility of purchasing the Asset and Recipient agrees not to use the Information, including any information derived from the Information, for any other purpose.

4. Limitation on Disclosure of Information. Recipient will not disclose to anyone, with exception to its disclosed consultants, the existence of or any other aspect of the Information or any information derived from the Information.

5. Prohibition Against Copying and Return of Materials. No copies of the Information shall be made or disclosed to anyone whatsoever without the prior written consent of Owner. Upon the completion of the above-described evaluation, or upon request by Owner, Recipient shall return to Owner all Information in the form that was provided to Recipient and any and all duplications thereof.

6. Damages. Recipient acknowledges and agrees that Owner has a substantial, material and proprietary interest in the Information and that if the Information or any other information protected under this Agreement is disclosed by Recipient in any respect whatsoever without Owner’s prior written consent, Owner may suffer immediate and irreparable harm and may be substantially and materially damaged.

7. Remedies. In the event Recipient breaches any of the conditions set forth in this Agreement, Owner shall have the right to exercise all of its rights and remedies at law and equity, including, without limiting the generality of the foregoing, the right to obtain injunctive relief. The non-prevailing party shall pay all costs and expenses, including, without limitation, reasonable attorneys' fees incurred by the prevailing party in enforcing any of the covenants or conditions contained in this Agreement. Page 1 Confidentiality Agreement

8. Agency. Owner is represented by Colliers, a licensed real estate broker in the State of Hawaii. The brokerage agreement between Owner and Colliers authorizes the sharing of commissions received with any properly licensed broker representing the buyer of the Asset in accordance with a separate agreement with the buyer of the property or such buyer’s broker. If a properly licensed real estate broker represents Recipient, Recipient must provide the information below simultaneously with the execution of this Agreement. If Recipient’s broker is not listed below at the time of Recipient’s execution hereof, neither Owner nor Colliers shall be obligated to compensate any alleged brokerage representative of Recipient making claims to commissions at a subsequent date and Recipient shall indemnify, defend and hold Owner and Colliers harmless from any brokerage commission claims. If a properly licensed real estate agent represents itself as Recipient or if a real estate agent is a principal or owner of Recipient, neither Owner nor Colliers shall be obligated to compensate Recipient. No commission will be accrued or paid unless the sale is closed and proceeds distributed to Owner.

Recipient’s Broker: Company: Agent: (if not represented License No.: please write “NONE”) Address: City: State & Zip: Telephone: ( ) Fax: ( ) Email:

9. No Waiver. No waiver by Owner of any breach hereunder shall be deemed a waiver of any other or subsequent breach.

10. No Oral Modifications. This Agreement may not be altered, amended, changed, waived, terminated or modified in any respect or particular unless the same shall be in writing and consented to by Owner and Recipient.

11. Successors and Assigns. This Agreement shall inure to the benefit of Owner and to its successors and assigns and be binding upon Recipient and its legal representatives, successors and assigns.

12. No Third Party Beneficiaries. This Agreement is not intended to confer any benefits upon any persons, firms, corporations or other entities except Owner and Recipient and their respective directors, officers, employees, managers, members and/or shareholders.

13. Choice of Law. This Agreement shall be construed, governed and enforced in accordance with the laws of the State of Hawaii without giving effect to principles of conflict of laws.

14. No Other Agreement. Recipient acknowledges that this Agreement is solely for the purpose of establishing the confidentiality of the Information and does not grant Recipient any exclusive or other rights in connection with the purchase of Owner’s Asset.

15. Termination. This agreement shall terminate upon the date which is two (2) year from the date hereof.

Page 2 Confidentiality Agreement

IN WITNESS WHEREOF, Recipient has executed this Agreement as of the day and year first hereinabove set forth.

“Recipient”

Signature Date

Print Name Title

Company/Organization E-Mail

Address City/State/Zip

Direct Phone Mobile Phone

Facsimile Company/Organization Website

Additional Partner(s)/Broker(s) requesting to review due diligence documents:

Signature/Date Company/Organization

Print Name E-Mail

Signature/Date Company/Organization

Print Name E-Mail

Please return signed Confidentiality Agreement to:

COLLIERS INTERNATIONAL

Attn: Nathan A. Fong (B) Direct: (808) 295-2582 Email: [email protected]

220 S. King Street, Suite 1800 Honolulu, HI 96813

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