7353-7355 CANOGA AVENUE CANOGA PARK, CA 91304

BRANDON MICHAELS GROUP INVESTMENT ADVISORS

BRANDON MICHAELS First Vice President Investments Director, National Retail Group Tel: (818) 212-2794 [email protected] License: CA #01434685 www.BrandonMichaelsGroup.com

BRANDON MICHAELS GROUP

16830 Ventura Blvd. Suite 100, Encino, CA 91436 www.marcusmillichap.com

2 1 Property Overview

2 Investment Highlights

3 Financials

4 Area Overview

3 4 A 6,823 square foot mixed-use property located just 0.7 miles north of Warner Center, the largest urban planned 7353-7355 CANOGA AVE development in Southern with over 80,000 new CANOGA PARK, CA 91304 jobs and $37 million SF of commercial and residential development projected by 2037.

Marcus & Millichap has been selected to exclusively market for 7353 Canoga Avenue, a 6,823 square foot mixed-use building consisting of ground floor retail, second story office, and new warehouse space with twenty foot plus high ceilings and roll-up access doors. The subject property is located just South of Saticoy Street and just north of Sherman Way along Canoga Avenue, a main north/south thoroughfare through the . 7353 Canoga Avenue is located just 0.7 miles north of Warner Center, the centralized business district of the San Fernando Valley and one of Los Angeles’ largest urban developments. Significant growth is projected in the form of new commercial and residential development and significant job growth, which is anticipate to migrate north and have a significant positive impact on surrounding communities.

7353 Canoga Avenue, consists of a two story mixed-use building at the front of the property totaling 3,800 square feet. The ground floor is 900 square feet, and is occupied by Hertz Rent-A-Car. Hertz has a seven year lease. The second story can be delivered vacant at the close of escrow. It is 2,900 square feet of fully built out, highly improved office space. In the rear of the property is a 3,000 square foot warehouse with 20 plus foot high ceilings and roll-up access doors.

Ideally situated just north of Warner Center, 7353 Canoga Avenue benefits from strong daily traffic counts exceeding 40,000 vehicles per day, and a dense surrounding population. There are over 450,000 people within a 5 mile radius, and the median household income is over $73,000. Warner Center, known as the central business district of the San Fernando Valley, is one of Los Angeles’ largest urban developments, offering a sweeping complex of office parks, high-rise office towers, apartments, and shopping centers including Westfield Topanga and the Village at Westfield Topanga. The multi-billion dollar submarket is home to substantial development, including the $1.5 billion renovation the Westfield Promenade is undergoing which will include retail, Class A office, two hotels, 14,000 residential units, and an entertainment and sports center. Uptown at Warner Center is receiving a $3 billion capital infusion to complete a mixed-use development. Significant growth is projected in the immediate area, with 37 million square feet of business and residential buildings, 14 million square feet of non-residential building area, 200,000 residential units, and 80,000 new jobs.

5 TRILLIUM TOWERS PROPERTY DESCRIPTION

FINANCIAL INFORMATION Price $2,375,000 Current Cap Rate 1.70% Pro Forma Cap Rate 7.82% Price SF (Building) $348 Price SF (Land) $215 Current Occupancy 13%

PROPERTY INFORMATION 7353-7355 Canoga Avenue, Address

Canoga Park, CA 91304 METRO ORANGE LINE ORANGE METRO APN’s 2111-016-028 Number of Stories 2 Year Built 1951 Building SF 6,823 SF Lot Size 11,072 SF Zoning M1-1 Parking Spaces* Total Parking: 15 Parking Ratio Ratio of 2.20 per 1,000 SF

*Hertz uses 2 parking spaces in the front of the property and all spaces between the front building and the rear warehouse. Second story offices use 1 parking space in the front of the property. WARNER CENTER TOWERS

LNR WARNER CENTER

CANOGA PARK HIGH SCHOOL

PROMENADE

7355 CANOGA AVENUE CANOGA

7 INVESTMENT HIGHLIGHTS

EXCELLENT WARNER CENTER LOCATION

◆ Located less than a mile north of Warner Center, one of Los Angeles’ largest urban development, along Canoga Avenue, a high trafficked main north/south thoroughfare through the San Fernando Valley ◆ Centralized San Fernando Valley location with excellent freeway access ◆ High daily traffic counts ◆ Over 80,000 new jobs, 37 million square feet of business and residential buildings, 14 million square feet of non-residential building area, 200,000 residential units projected in the immediate area

MIXED-USE BUILDING ALLOWING FOR A MULTITUDE OF POTENTIAL USES

◆ 900 square feet of ground floor retail, 2,900 square feet of highly upgraded office, and 3,000 square feet of warehouse with high ceilings ◆ High end upgrades with open floor plans, views, and second story balconies ◆ All three uses have separate access points ◆ Excellent visibility and footage along Canoga Avenue, a major North/ South thoroughfare through the San Fernando Valley

IDEAL OWNER-USER OR INVESTMENT OPPORTUNITY

◆ Flexibility in leases allow an Owner-User Buyer to occupy a portion or all of the building ◆ Owner-User can occupy a portion of the building and generate income from the remaining tenants WARNER CENTER – MULTI-BILLION DOLLAR SUBMARKET

◆ $1.5 billion renovation the Westfield Promenade - retail, Class A office, two hotels, 14,000 residential units, and an entertainment and sports center ◆ Uptown at Warner Center is receiving a $3 billion capital infusion to complete a mixed-use development ◆ Warner Center 2035 Specific Plan offers significant by- right development and will experience significant growth over the next decade

STRONG IMMEDIATE DEMOGRAPHICS

◆ Average household income of over $80,000 within a one- mile radius ◆ Over 450,000 people within a five mile radius ◆ Strong local economy spread over a multitude of diverse sectors $68,807 1-mile radius average HH income 155,999 3-mile radius households 451,654 5-mile radius number of population

9 10 SUMMARY OF TERMS

INTEREST OFFERED: 100% fee simple interest in 7353-7355 Canoga Avenue, a 6,823 SF office building located in Canoga Park, CA 91303.

TERMS OF THE SALE: Property is being offered on a free and clear basis.

PROPERTY TOURS: Prospective purchasers are encouraged to visit the site prior to submitting offers. All property tours must be coordinated through 11 the listing broker. PROPERTY DETAILS

LOCATION 7353-7355 Canoga Avenue, Canoga Park, CA 91303

SITE The subject property is located on the South-West corner of Valerio Street and Canoga Avenue.

SQUARE FOOTAGES consists of a two story mixed-use building at the front of the property totaling 3,800 square feet. The ground floor is 900 square feet, and is occupied by Hertz Rent-A-Car.

CROSS STREETS The cross streets are Canoga Avenue (North/South) and Valerio Street (East/West), between Sherman Way and Saticoy Street.

PARKING* 15 Parking Surface Spaces are available.

PARKING RATIO 2.20 Parking Spaces per 1,000 SF

YEAR BUILT The property was built in 1951, and renovated in 1990

ZONING Zoning is M1-1

12 13 FINANCIALS

RENT ROLL PRO FORMA PRO FORMA TENANT SF SF % LEASE START LEASE EXP RENT RENT/SF OPTIONS RENT RENT/SF 1 - 5 year @ Hertz Rent A Car 900 13% 2/14/2008 6/30/2026 $5,981.89 $6.65 $6,300.00 $7.00 3% increases Second Story Office 2,900 43% None $5,800.00 $2.00 - Vacant Rear Warehouse 3,000 44% $6,000.00 $2.00 - Vacant Total 6,800 100% $18,100.00

OPERATING DATA PRICING EXPENSES BREAKDOWN PRICING PER YEAR PER SF Price $2,375,000 Taxes @1.25% $29,688 $4.35 Current Cap Rate 1.70% Insurance $1,706 $0.25 Pro Forma CAP Rate 7.82% Total Expenses: $31,393 $4.60/$0.38 Price SF (Building) $348 Price SF (Land) $215 INCOME AND EXPENSE Building SF 6,823 CURRENT PRO FORMA Scheduled Lease Income $71,783 $217,200 Land SF 11,072 Effective Gross Income $71,783 $217,200 Expenses: $31,393 $31,393 Net Operating Income $40,389 $185,807

14 15 SALES COMPARABLES

CLOSE OF ADDRESS SALES PRICE PRICE/SF BUILDING SF LOT SF ESCROW

1 6130-6140 Variel Ave, Woodland Hills, CA $4,733,333 $265 17,846 36,740 6/6/18

2 21317 Hart St, Canoga Park, CA 91303 $1,600,000 $281 5,698 9,583 7/12/18

3 8724 Remmet Ave, Canoga Park, CA 91304 $1,900,000 $271 7,02 2 20,800 1/31/18

4 20845 Sherman Way, Winnetka, CA 91306 $3,180,000 $489 6,509 26,580 10/2/18

5 7011-7014 Canoga Ave, Canoga Park, CA 91303 $1,100,000 $444 2,476 6,534 4/30/18

6 7129 Owensmouth Ave, Canoga Park, CA 91303 $625,000 $422 1,482 3,920 12/19/18

7 21723 Sherman Way, Canoga Park, CA 91303 $900,000 $240 3,750 7,02 2 8/31/18

8 21730 Sherman Way, Canoga Park, CA 91303 $2,100,000 $283 7,419 8,712 6/29/2018

9 7020 Topanga Canyon Blvd, Canoga Park, CA 91303 $1,700,000 $281 6,050 12,563 6/26/2018

10 7525 Topanga Canyon Blvd, Canoga Park, CA 91303 $1,300,000 $259 5,025 4,792 1/8/2019

Average $1,913,833 $324 6,328 13,725 -

16 SALES COMPARABLES MAP

3

7353-7355 Canoga

1 6130-6140 Variel

2 21317 Hart

3 8724 Remmet

4 20845 Sherman

5 7011-7014 Canoga 10

6 7129 Owensmouth

7 21723 Sherman 7 4 8 6 8 21730 Sherman 9 5 2 9 7020 Topanga Canyon

10 7525 Topanga Canyon

1

17 SALES COMPARABLES

6130-6140 VARIEL AVE 21317 HART ST 8724 REMMET AVE

6130-6140 Variel Ave 21317 Hart St 8724 Remmet Ave Address Address Address Woodland Hills, CA Canoga Park, CA 91303 Canoga Park, CA 91304 Sales Price $4,733,333 Sales Price $1,600,000 Sales Price $1,900,000 Price/SF $265 Price/SF $281 Price/SF $271 Building SF 17,846 Building SF 5,698 Building SF 7,02 2 Lot SF 36,740 Lot SF 9,583 Lot SF 20,800 Close of Close of Close of 6/6/18 7/12/18 1/31/18 Escrow Escrow Escrow

SALES COMPARABLES PRICE/SF

SUBJECT PROPERTY $286

18 20845 SHERMAN WAY 7011-7014 CANOGA AVE 7129 OWENSMOUTH AVE 21723 SHERMAN WAY

21723 Sherman Way Address Canoga Park, CA 91303 20845 Sherman Way 7011-7014 Canoga Ave 7129 Owensmouth Ave Address Address Address Winnetka, CA 91306 Canoga Park, CA 91303 Canoga Park, CA 91303 Sales Price $900,000 Sales Price $3,180,000 Sales Price $1,100,000 Sales Price $625,000 Price/SF $240 Price/SF $489 Price/SF $444 Price/SF $422 Building SF 3,750 Building SF 6,509 Building SF 2,476 Building SF 1,482 Lot SF 7,02 2 Close of Lot SF 26,580 Lot SF 6,534 Lot SF 3,920 8/31/18 Escrow Close of Close of Close of 10/2/18 4/30/18 12/19/18 Escrow Escrow Escrow

21730 SHERMAN WAY 7020 TOPANGA CANYON BLVD 7525 TOPANGA CANYON BLVD

21730 Sherman Way 7020 Topanga Canyon Blvd 7525 Topanga Canyon Blvd SUBJECT Address Address Address PROPERTY Canoga Park, CA 91303 Canoga Park, CA 91303 Canoga Park, CA 91303 $286 Sales Price $2,100,000 Sales Price $1,700,000 Sales Price $1,300,000 Price/SF $283 Price/SF $281 Price/SF $259 Building SF 7,419 Building SF 6,050 Building SF 5,025 Lot SF 8,712 Lot SF 12,563 Lot SF 4,792 Close of Close of Close of 6/29/18 6/26/18 1/8/19 Escrow Escrow Escrow

19 RENT COMPARABLES

RENT/SF/ RENT/SF/ AVAILABLE BUILDING LEASE TYPE ADDRESS YEAR MONTH SF SIZE

1 7631 Alabama Ave, Canoga Park $17.40 $1.45 MG 2,750 13,440

2 7327-7329 Canoga Ave, Canoga Park $18.00 $1.50 NNN 4,242 6,242

3 7209-7219 Owensmouth Ave, Canoga Park $21.48 $1.79 MG 1,400 4,634

4 7257 Owensmouth Ave, Canoga Park $24.00 $2.00 NNN 1,800 3,800

5 21300 Sherman Way, Canoga Park $30.00 $2.50 NNN 617 8,525

6 21355 Sherman Way, Canoga Park $42.00 $3.50 NNN 800 18,249

7 21708-21712 Sherman Way, Canoga Park $18.60 $1.55 MG 2,200 4,450

8 7361 Topanga Canyon Blvd, Canoga Park $19.80 $1.65 ELEC 2,500 5,000

9 7503-7507 Topanga Canyon Blvd, Canoga Park $24.00 $2.00 NNN 4,472 7,200

Average $23.92 $1.99 - 2,309 7,949

20 RENT COMPARABLES MAP

RENT/SF/ RENT/SF/ AVAILABLE BUILDING LEASE TYPE ADDRESS YEAR MONTH SF SIZE

1 7631 Alabama Ave, Canoga Park $17.40 $1.45 MG 2,750 13,440

7353-7355 Canoga

2 7327-7329 Canoga Ave, Canoga Park $18.00 $1.50 NNN 4,242 6,242 1 7631 Alabama

2 7327-7329 Canoga 3 7209-7219 Owensmouth Ave, Canoga Park $21.48 $1.79 MG 1,400 4,634 3 7209-7219 Owensmouth

7257 Owensmouth 4 7257 Owensmouth Ave, Canoga Park $24.00 $2.00 NNN 1,800 3,800 4 5 21300 Sherman 1

5 21300 Sherman Way, Canoga Park $30.00 $2.50 NNN 617 8,525 6 21355 Sherman 9 4 2 7 21708-21712 Sherman 8 3 6 21355 Sherman Way, Canoga Park $42.00 $3.50 NNN 800 18,249 7 6 5 8 7361 Topanga Canyon

9 7503-7507 Topanga Canyon 7 21708-21712 Sherman Way, Canoga Park $18.60 $1.55 MG 2,200 4,450

8 7361 Topanga Canyon Blvd, Canoga Park $19.80 $1.65 ELEC 2,500 5,000

9 7503-7507 Topanga Canyon Blvd, Canoga Park $24.00 $2.00 NNN 4,472 7,200

Average $23.92 $1.99 - 2,309 7,949

21 RENT COMPARABLES

7631 ALABAMA AVE 7327-7329 CANOGA AVE

Address 7631 Alabama Ave, Canoga Park Address 7327-7329 Canoga Ave, Canoga Park Rent/SF $17.40 Rent/SF $18.00 Rent/SF/Month $1.45 Rent/SF/Month $1.50 Lease Type MG Lease Type NNN Available SF 2,750 Available SF 4,242 Building Size 13,440 Building Size 6,242

7209-7219 OWENSMOUTH AVE 7257 OWENSMOUTH AVE

7209-7219 Owensmouth Ave 7257 Owensmouth Ave Address Address Canoga Park Canoga Park Rent/SF $21.48 Rent/SF $24.00 Rent/SF/Month $1.79 Rent/SF/Month $2.00 Lease Type MG Lease Type NNN Available SF 1,400 Available SF 1,800 Building Size 4,634 Building Size 3,800 22 21300 SHERMAN WAY 21355 SHERMAN WAY 21708-21712 SHERMAN WAY

21300 Sherman Way 21355 Sherman Way 21708-21712 Sherman Way Address Address Address Canoga Park Canoga Park Canoga Park Rent/SF $21.00 Rent/SF $42.00 Rent/SF $18.60 Rent/SF/Month $1.75 Rent/SF/Month $3.50 Rent/SF/Month $1.55 Lease Type MG Lease Type NNN Lease Type MG Available SF 1,844 Available SF 800 Available SF 2,200 Building Size 12,000 Building Size 18,249 Building Size 4,450

7361 TOPANGA CANYON BLVD 7503-7507 TOPANGA CANYON BLVD

7361 Topanga Canyon Blvd 7503-7507 Topanga Address Address Canoga Park Canyon Blvd, Canoga Park Rent/SF $19.80 Rent/SF $24.00 Rent/SF/Month $1.65 Rent/SF/Month $2.00 Lease Type ELEC Lease Type NNN Available SF 2,500 Available SF 4,472 Building Size 5,000 Building Size 7,200

23 CANOGA PARK

The town of Canoga Park was founded in the South West corner of the San Fernando Valley on March 30, 1912. It was an agricultural community producing wheat, sugar, beets and eventually citrus, walnuts, chickens and eggs. In 1931 the name was changed to Canoga Park. It continued to be a small community until Pierce College was founded in the late ’40s and the large aerospace firms (Rocketdyne, Litton Hughes Aircraft) arrive in the 1950s. In the 1960s the 101 Freeway connected the West Valley to the city making Canoga Park and West Hills suburbs of Los Angeles.

Today, Sherman Way in historic downtown Canoga Park is the “main street” of Canoga Park. This is a vibrant business, social and cultural mecca. There are antique shops, live entrainment, music clubs and restaurants. This street is also home to the Walk of Hearts® where bronze plaques are embedded in the sidewalk to recognize distinguished teachers.

Canoga Park and West Hills are further enhanced with two regional malls, the Westfield Topanga which includes over 200 fashion forward shops and boutiques, extensive dining options and cutting edge am entities including an expanded Nordstrom’s and Target and Neiman Marcus opening in 2008. The Fallbrook Center is a one million square foot open-air with such stores as Kohl’s, DSW, Mervyns and Burlington Coat Factory.

24 CANOGA PARK

25 WARNER CENTER

An exceptional destination for live, work, and play Warner Center is one of Los Angeles’ largest urban developments, offering a sweeping complex of office parks, high-rises, apartments, and shopping centers. It is home to approximately 20,000 residents and employs more than 50,000 people. Known as the central business district of the San Fernando Valley, the district combines a mix of office buildings, hotels, world class restaurants, shopping centers, and business parks.

Warner Center is poised to undergo profound changes as commercial development expands over the next two decades. With the advent of the Warner Center 2035 Plan, Warner Center is quickly becoming one of the fastest growing sub-markets in the country. The Warner Center 2035 Plan increases the floor area ratio of sites within the designated boundaries to 4.5:1 FAR with unlimited height restrictions. The plan is a development blueprint for Warner Center that emphasizes mixed-use and transit-oriented development, walkability, and sustainability. The Plan seeks to create an environmentally, socially, and economically sustainable center for the West Valley.

The Warner Center 2035 Plan will allow the addition of more than 37 million square feet of business and residential buildings to Warner Center by 2035. Within the immediate area, over 14 million square feet of nonresidential building area and 200,000 residential units are projected, along with the creation of over 80,000 new jobs.

The former Rocketdyne site located at Vanowen Street and Owensmouth Avenue is slated for a $3 billion, six million square foot development by United Technologies Corporation and Boston Global. The six million square feet project will include 3.95 million square feet of residential space and 1.1 million square feet of Class A office space. The project will also include 310,000 square feet of cultural and public space, 240,000 square feet of assisted living space, 200,000 square feet of high-end retail, and 155,000 square feet of hotel space.

26 $68,807 209,002 $54,124 Average HH income within 1-m radius Daytime Population within 5-m radius Median HH income within 1-m radius

56% 68% 451,654 Owner Occupied Housing within 5-m radius Renter Occupied Housing within 5-m radius Households within a 5-m radius

27 WARNER CENTER

Warner Center - The Premiere Business Hub Warner Center's central location and excellent freeway access make the sub-market a desirable and burgeoning office hub. Due to its outstanding living accommodations, desirable lifestyle amenities, and convenient access to public transportation, Woodland Hills/Warner Center has become a leading commercial center as well as a desirable place to live for residents.

Warner Center employs a diverse range of sectors and is home to many high profile employers:

28 OFFICE TOWERS OF WARNER CENTER

THE TRILLIUM LNR WARNER CENTER WARNER CENTER TOWERS

The Trillium is among the most prestigious Built in stages between 2001 and 2005, LNR Warner Center Towers is a 1,937,959 office campuses in Woodland Hills Warner Center is comprised of four five- square foot office campus comprised of combining for 660,669 square feet of story buildings and one three-story building six prestigious office towers strategically Class-A office space. The Trillium features containing approximately 808,274 square located in the heart of Warner Center. an attractive stone and tinted glass exterior, feet in total. Tenants include Health Net, Warner Center Towers is one of Los accentuated by lavish interior finishes and UMG Recordings and Viking River Cruises. Angeles' largest office campuses and on-site amenities. offers a park-like setting with landscaped plazas, attractive fountains, high-end amenities, and breathtaking views.

29 SHOPPING AND RETAIL

WESTFIELD TOPANGA AND THE VILLAGE AT WESTFIELD TOPANGA Westfield Topanga and the brand new The Village at Westfield Topanga is one of Southern California’s largest shopping complexes. Westfield Topagna is the only center in the United States with a Neiman Marcus and flagship Nordstrom alongside Target, and is a power shopping paradise with a luxury lineup including Gucci, Tiffany & Co., Salvatore Ferragamo, Louis Vuitton, Cartier, Burberry, Jimmy Choo alongside Apple, Tesla, Tory Burch, Anthropologie, Free People, OMEGA, Splendid, Urban Outfitters and Lacoste. The Village showcases trendy local fashion and lifestyle brands, sensational restaurants offering al fresco patio dining, a full-service gym, spa and yoga studio, along with Costco, Crate & Barrel, a weekly farmer’s market and more, all under a canopy of native trees and vegetation. With a combined square footage of over 2.5 million, Westfield offers the retail consumer a laundry list of high-end retailers and restaurant choices. It has transformed into a central gathering place for shopping, dining, entertainment and leisure and provides local residents and visitors a destination experience unlike any other in the San Fernando Valley.

VENTURA BOULEVARD is one of the primary east–west thoroughfares in the San Fernando Valley. It was also U.S. Route 101 before the freeway (which it is parallel to for much of Ventura Boulevard's length) was built and it was also signed as Business U.S. Route 101.

Running 18 miles, Ventura Boulevard is the world's longest avenue of contiguous businesses. The Boulevard begins near Calabasas in Woodland Hills at an intersection with Valley Circle Boulevard, passes through Tarzana, Encino, Sherman Oaks, and finally in Studio City (where it intersects with Barham Boulevard) it becomes Cahuenga Boulevard, which then winds through into . It has always been the most concentrated location for mom and pop shops and small businesses in the Valley; nowadays it has pockets of housing, mini-malls, and shops, along with a wide assortment of businesses, schools, and other establishments. Homes south of Ventura are considered to be among the most expensive in Los Angeles County, ranging from $2 million to $50 million and home to numerous celebrities, executives, athletes, and entertainers alike.

30 The Village showcases trendy local fashion and lifestyle brands, sensational restaurants offering al fresco patio dining, a full-service gym, spa and yoga studio, along with Costco, Crate & Barrel, a weekly farmer’s market and more, all under a canopy of native trees and vegetation.

31 HOUSING MARKET

Canoga Park market trends indicate an increase of $25,750 (5%) in median home sales over the past year. The average price per square foot for this same period rose to $364, up from $334.

Due to the high single-family residential prices, and a continuing demand for housing in San Fernando Valley, there is strong demand for the development of higher density apartment buildings and condominiums. Most new apartment development is occurring from redevelopment of older, low-density projects. Historically, apartment demand has been strong, and has been influenced by high home prices and the central location of the Valley relative to employment centers. As a result, the San Fernando Valley area has become one of the most densely populated areas in Los Angeles County. Warner Center has a large concentration of high-end, resort style apartment communities. These luxury apartments cater to the large and growing workforce population in Warner Center and Woodland Hills.

$580,000 Median Sales Price

$364 Price per SF

$2,797 Median Rent Per Month

32 HOUSING MARKET

WESTFIELD TOPANGA A 1.6 million square foot two-level indoor shopping center comprised of high-end retail and restaurants such as Ruth’s Chris Steak House, Apple, Cheesecake Factory, Gap, Nordstrom, Target, and many others.

THE VILLAGE AT WESTFIELD TOPANGA A brand new central gathering place for shopping, dining, events, entertainment and leisure. The open-air destination offers al fresco patio dining, a full-service gym, spa and yoga studio, along with a weekly farmer’s market. There are also children’s play areas, bocce ball courts and outdoor lounges.

FALLBROOK SHOPPING CENTER Fallbrook Shopping Center is a unique 1,120,000 square foot shopping center anchored by Ralphs, Walmart, The Home Depot, Burlington Coat Factory, Trader Joe's and Sprouts.

WOODLAND HILLS COUNTY CLUB Woodland Hills Country Cub is a private equity golf club in the foothills of the Santa Monica Mountains. They offer an array of social activities such as musical events, Easter brunch, summer BBQ’s, etc.

EL CABALLERO COUNTRY CLUB A country club located in Tarzana providing an acclaimed golf course and tennis program, fitness facilities, dining opportunities, social events

BOB HOPE AIRPORT A public airport which serves the norther area

33 INVESTMENT ADVISORS

BRANDON MICHAELS Senior Managing Director Investments Senior Director, National Retail Group Tel: (818) 212-2794 [email protected] License: CA #01434685 www.BrandonMichaelsGroup.com

BRANDON MICHAELS GROUP