DEER CREEK WOODS BUILDING 3 OFFERING SUMMARY

Property Address Square Feet Occupancy Floors Tenants Site Area Year Built

Deer Creek Woods 7301 W 133rd Street 36,390 100.0% 3 4 6.54 acres 2004 Building 3 Overland Park,

Deer Creek Woods, Building 3 is a 36,390-square-foot, Class A office building located within the Deer Creek Woods Business Park in Overland Park, Kansas (the “Property”). Built in 2004, Olsson Associates is the primary tenant, subject to a new 10-year lease. The engineering and design firm is nationally- recognized with more than 1,000 employees in 30 offices across 7 states. PROPERTY HIGHLIGHTS

>>Trophy asset with tremendous curb appeal

>>Above-market parking ratio of 4.3 spaces per 1,000 rentable square feet

>>High-end interior common area finishes with a recent lobby renovation

>>Well-maintained and professionally managed

>>12,130-square-foot floor plates

>>Olsson Associates is the primary and an original tenant

Executive Summary DEMOGRAPHICS 3-MILE

LOCATION Population Overview HIGHLIGHTS 2010 Total Population 83,644 2016 Total Population 92,671 2021 Total Population 99,916 >>Located in the Deer Creek Woods Business Park, a high-end Population Change 2010 to 2016 10.8% mixed-use project featuring national office tenants, retailer buildings, an event center, and a hotel Population Change 2016 to 2021 7.8%

>>Situated at 135th Street and Metcalf Avenue, the heart of Income Overview South Johnson County 2010 Median Income $99,742 >>The 135th Street corridor is one of the most vibrant and 2016 Median Income $100,826 amenity rich areas of Overland Park, Kansas, with new retail 2021 Median Income $107,505 developments such as Corbin Park and Prairiefire, as well as thousands of new, upscale single-family homes and new Median Household Income Change 2010 to 2016 1.1% apartment units Median Household Income Change 2016 to 2021 6.6%

>>The Property benefits from ease of access to Highway 69, Household Overview a major north-south highway through Johnson County with connections to the Interstate 435 loop and 2010 Households 31,837 2016 Households 34,308 >>The surrounding area demographics represent median household incomes of $100,826, which are well-above the 2021 Households 36,901 Kansas City metro average of $60,502, and national average Household Change 2010 to 2016 7.8% of $56,516 Household Change 2016 to 2021 7.6%

2015 Housing Overview Average Home Value $368,264 Owner Occupied 68.7% Renter Occupied 31.3% Average Household Size 2.7

MARKET HIGHLIGHTS

>>Kansas City is home to approximately 2.1 million residents, and grew >>A well-diversified office sector allows the Kansas City metro office 16.2% from 2000-2016, which is higher than the U.S. growth rate of market to not rely solely on one industry or economic driver 15.1%. Kansas City is projected to grow an additional 4.0% between 2016 and 2021 >>South Johnson County and Overland Park are small business formation/driver hotspots; a strong workforce has not only produced >>Kansas City is consistently ranked in the top 10 sites for corporate organic growth within global headquarters based out of Kansas City, facility locations. Kansas City offers a low cost of living, excellent but also produces spin-off and start-up companies poised for future schools, and shorter commute times. Kansas City also hosts the growth 2nd largest rail hub in the U.S., and it has received over $9 billion in downtown revitalization, arts/cultural, and intermodal infrastructure >>60% of working residents hold a bachelor’s degree or higher, investment over the last five years and the median income is over $73,700, both metrics being well-above the metro average >>The Kansas City metro is a relatively recession-insulated economy, relative to the rest of the U.S., based on historical growth rates; and >>Kansas City boasts an unemployment rate of 4.3%, which is below the therefore, the office market is more stable and less volatile compared national unemployment rate of 4.7% to other major office markets >>Large national corporations favor Kansas City for the educated labor >>South Johnson County is the largest submarket within the Kansas force and central location in the country; firms located in South City metro with a total of 26,495,401 square feet; the submarket is Johnson County include Sprint, Garmin, Quintiles, Black & Veatch, and comprised of 42.2% Class A space, 53.8% Class B space, and 4.0% YRC Worldwide, among many others Class C space >>Sprint: 2.6 million square feet - 6,000 employees >>South Johnson County accounted for 157,638 square feet of positive >>Garmin: 750,000 square feet - 3,400 employees net absorption in Q1 2016; as a result, South Johnson County overall vacancy declined to 7.4%, the lowest of all suburban submarkets within >>Quintiles: 230,000 square feet - 900 employees the metro, and only second to the Country Club Plaza >>Black & Veatch: 775,000 square feet - 3,600 employees >>Historically limited speculative office development in this market >>YRC Worldwide: 343,000 square feet - 700 employees translates into low vacancy rates around the metro. Over the previous eight years, only one spec office building (Pinnacle V) was constructed >>South Johnson County, Kansas City’s premier submarket, has had in South Johnson County, totaling 67,500 square feet more supporting retail, residential and commercial development in recent years than any other submarket Site

Executive Summary MIKE YEGGY Vice President | Kansas City +1 816 556 1148 [email protected]

GABE TOVAR ccim Associate | Kansas City +1 816 556 1161 [email protected]

DREW QUINN ccim Senior Vice President | Kansas City +1 816 556 1108 [email protected]

COLLIERS INTERNATIONAL | KANSAS CITY 4520 Main Street, Suite 1000 Kansas City, 64111