DEVELOPMENT MANAGEMENT SERVICES Company Overview

$9.6B* projects in the pipeline

* $15.2B projects in the process

*AS OF 2Q21

COMPANY OVERVIEW

OFFICE INDUSTRIAL RESIDENTIAL MIXED-USE HEALTHCARE LIFE SCIENCES Trammell Crow Company, founded in Dallas, Texas in 1948, is one of the nation’s oldest and most prolific developers of and investors in commercial real estate. The Company has developed or acquired 2,800 buildings valued at nearly $70 billion and over 625 million square feet. It employs nearly 625 professionals in the United States and Europe.

The Company’s mission is to: deliver superior outcomes for occupiers, residents and the communities in OFFICE LOCATIONS which we build, deliver market-leading financial returns to our investment partners, as well as attract and ATLANTA DENVER ORLANDO retain top talent by upholding an entrepreneurial and rewarding work environment. PRAGUE AUSTIN HOUSTON PARIS RALEIGH BARCELONA LONDON PHILADELPHIA SAN FRANCISCO BOSTON LOS ANGELES PHOENIX SEATTLE CHICAGO KRAKÓW PITTSBURGH ST. LOUIS DALLAS NEWPORT BEACH PORTLAND WASHINGTON DC development management services | overview

DEVELOPMENT MANAGEMENT SERVICES SUMMARY BY REGION

Trammell Crow Company provides comprehensive real estate services to both investor and user clients. Our project teams have highly experienced personnel who effectively manage complex projects. The team achieves this through the evaluation, planning, and execution of various strategies, including acquisition, disposition, re-entitlement, master planning, and development which enables our clients to achieve the greatest value for its real estate.

• c EXPERTS IN REAL ESTATE DEVELOPMENT WHO WILL MOST EFFICIENTLY GUIDE CLIENTS THROUGH THE DECISION MAKING PROCESS SUMMARY BY PRODUCT TYPE • c EXPERTISE IN MANAGING ALL ASPECTS OF THE DEVELOPMENT PROCESS FOR ALL COMMERCIAL PRODUCT TYPES

• c LOCAL PRESENCE, EXPERIENCE AND RELATIONSHIPS

• c FEE DEVELOPMENT SERVICES ADAPTABLE TO CLIENT FINANCIAL EXECUTION

• c A PROCESS-DRIVEN APPROACH TO RISK MITIGATION

* Data from 2007-2020 Development Management Services | capabilities

FEASIBILITY DESIGN CONSTRUCTION (SITE, CORE & SHELL) INTERIORS (DESIGN & CONSTRUCTION) c Prepare bid package and construction contract c Analyze Program Plan c Perform site selection c Evaluate building program, general features c Bid and award construction contract c Evaluate floor plan c Evaluation of conceptual designs and test fits c Communicate with client c Manage contractor performance c Examine collaboration/ social aspects c Manage site due diligence c Evaluate design team selections c Site visits during construction c Evaluate private office/ open layout c Produce initial budget and schedule c Manage design processes c Review and approval of construction draws c Guide audio-visual conference room plans c Evaluate financial underwriting c Produce and manage design contracts c Respond to issues, implement changes c Oversee IT strategies/ implications c Create initial development proforma coordinate as required c Qualify general contractors c Lead furniture planning c Evaluate capitalization alternatives c Produce and track punchlist c Oversee pricing exercises c Coordinate fixtures and equipment c Conduct constructability review c Respond to client requests c Produce updated project budget c Make finish selections c Finalize land purchase/ land lease c Periodic client reports c Oversee construction documents c Govern amenities plans production process c Organize project documentation c Coordinate move in/occupancy c Operation and Maintenance planning FINANCING c Develop Marketing Plan / Strategy c Identify and select listing brokers c Assess market conditions c Oversee leasing and marketing efforts c Refine development proforma c Finalize and close project financing c Manage loan reporting and administration development management services | projects

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Corporate Office: 2100 McKinney Avenue, Suite 800, Dallas, Texas 75201 Phone: 214.863.4101 | Fax: 214.863.4493