Investment Offering Memorandum 7.25 Acres | Magna Apartment Land 3600 South 8400 West | Magna, Utah 84070

INVESTMENT OFFERING MEMORANDUM 7.25 ACRES | MAGNA APARTMENT LAND 3600 SOUTH 8400 WEST | MAGNA, UTAH 84070

Exclusively Listed By: Robert Kofoed, MBA David Jangro Ben Schettler Colliers International Senior Vice President Senior Associate Colliers International 6440 S Millrock Dr | Suite 500 +1 801 947 8343 +1 801 947 8344 +1 801 947 8331 6440 S Millrock Dr | Suite 500 Salt Lake City, UT 84121 [email protected] [email protected] [email protected] Salt Lake City, UT 84121 P: +1 801 947 8300 P: +1 801 947 8300 Return to TOC Return P. 2 INTERNATIONAL COLLIERS // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT A prospective purchaser’s sole and exclusive rights with respect with soleA prospective rights and prospective this to exclusive purchaser’s transaction,the Properties, or information provided or herein connection in the with sale the of Properties shall those be to limited expressly provided an in executed Purchase Agreement and shall besubject no In shall event a the terms to thereof. prospective purchaser other any have claims against Owner or Colliers International or theiror their respective of any affiliates of any officers, directors, owners, employees, or causes for damages, any or agents this action liability, of to relating solicitation processor or the sale marketing the of Properties. This OfferingInvestment shall not bedeemed the of affairs of represent theto state Properties or an constitute indication that there has been no of change the in state affairs the of Properties since this Investment Offering was prepared. This Investment Offering contains select information pertaining the to certain has It been Properties “Owner”). properties owned “Properties”) (the Truong (the by prepared Colliers by International and may not be or the all contain of all-inclusive informationprospectivea purchaser The information may containeddesire. this in OfferingInvestment and confidential is furnished solelyfor the purpose a review of a prospectiveby purchaser the of Properties. be not is to used It for otherany purpose or made other any available person to without the written consent Colliers of International. The based is material part in upon information supplied the by Owner and part in upon information obtained Colliers by International sources from deems it reliable. Neither Colliers Owner, International, nor their officers, directors, owners, employees, express or representation any or make warranty, or implied, agents the as accuracy to or completeness and contents, or its Offering Investment this of any no legal liability assumedis or shall be implied respect with Prospective thereto. purchasers should theirmake own projections and form their own conclusionswithout upon reliance the contained material and herein should conduct their own due diligence. Owner Colliers International expressly and/or reserve their at sole the right, reject and any discretion,to all expressions purchase or to offers the interest of Properties discussions and terminate to person any with or this entity reviewing OfferingInvestment or making purchase an to offer the Properties unless and a until for the purchasewritten andagreement(s) sale the of Properties hasbeen fully executedand you dopursue notIf the delivered. wishto to leading negotiations theacquisition of Properties thein orfuture if you discontinue such negotiations, Property this to thenall purge relating materials you agree to including Investment this Offering. Confidentiality & Disclaimer Confidentiality INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL Return to TOC Return P. 3 INTERNATIONAL COLLIERS 6 4 12 16 21 23 22 // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT ...... Area Maps Area & Layout Designs Executive Summary Executive Property Summary Approvals Government ...... School High New Inland Port This document has been prepared by Colliers International for advertising and general informationwarranties only. Colliers of International content, accuracy makes and no reliability. guarantees, Any interested representations party should or warranties undertake of any kind, their expressed own inquiriesand or implied, as excludes to the accuracy all regarding liability of the the information. information for loss and Colliers including, damages arising International but there not limited from. excludes This to, publication unequivocally is the copyrighted all inferred property or implied terms, of Colliers conditions International and warranties and/or its licensor(s). arising All ©2019 out rights of this reserved. document Table of Contents of Table INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL Executive Summary

Colliers International 6440 S Millrock Dr | Suite 500 Salt Lake City, UT 84121 P: +1 801 947 8300 Return to TOC Return P. 5 INTERNATIONAL COLLIERS // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT 7% 6% 5% 5% 4% 4% 4% 2% 2% n/a 2% Y-o-Y Change $1,141 $1,116 $1,101 $1,183 $1,414 $1,077 $1,324 $1,355 $1,158 $1,256 $1,254 Average Rent Average / Murray Taylorsville Draper Bluffdale Magna West Valley City Valley West South Lake Salt Sandy Riverton West Jordan West Salt Lake City Lake Salt City HOW DOES MAGNA COMPARE TO NEARBY CITIES? NEARBY TO COMPARE MAGNA DOES HOW https://www.rentcafe.com/average-rent-market-trends/us/ut/salt-lake-county/ magna while lease rates rates lease Magna, below while 2%, has350 a vacancy only units, having rate South Jordan, Salt West Murray, than higher slightly and up with, even keeping are Lake, and Taylorsville. With vacancy rates in Salt Lake Valley below 5% for the fifth year – multifamily land multifamily – year the fifth for 5% below Valley Lake Salt in vacancyWith rates needed more before. is now ever than Located less than 2 miles south of the Salt Lake Inland PortLake the Salt southand of next 2 miles the Magna less than Located to begin. to development for and ready a property is entitled, is this that WalMart, We are pleased to offer for sale, this approved parcel ready for Multi-family Multi-family for ready parcel approved this sale, for offer pleased to are We development. INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL PROPERTY SUMMARY

Colliers International 6440 S Millrock Dr | Suite 500 Salt Lake City, UT 84121 P: +1 801 947 8300 Return to TOC Return P. 7 INTERNATIONAL COLLIERS Arbor Park Multi-Family Property Arbor Multi-Family Park S W 3595 – 8315 8291 Magna, UT Property Development 14-32-201-066 Acres 7.25 Approx. FeeSimple SF +/- 315,000

Level // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT THE OFFERING THE Property Property Address Type Property Number Parcel Current DESCRIPTION SITE Size Parcel of OwnershipType Land Feet Square Topography Seller has received approval for 192 units to be built upon the site. upon be the site. built to units 192 for approval has received Seller a plus each 48 units with 4 buildings for plan is The current reports, and and soils engineering drawings, clubhouse. Architect to necessary the development documentation of the approval for Buyer. to be delivered Buyer. by be completed to Construction drawings All Utilities are on the property, ready for tie-ins and development. and development. tie-ins for ready on the property, are Utilities All office. SF of 100,000 place for in previously services were Existing $28,646 / Approved Unit / Approved $28,646 units 192 product. Multi-Family build place to in is Zoning the final for now and waiting is units 192 for approved is The site Engineering review prior receiving to the final plat the pad demolished to buildings all with new parcel deliver to Seller the site. from removed debris all with Arbor Park Multi-Family Land Arbor Multi-Family Park S, Magna, UT W 3595 – 8315 8291 of +/- Acres 7.25 Approximately # 14-32-201-066 Parcel Master : : : : $5,500,000.00 : : :

SITE STATUS NUMBER OF UNITS STATUS ZONING STATUS BUILDING STATUS UTILITY

ASKING PRICE ASKING PROPERTY ulti Family Land ulti Family Magna M Park/ | Arbor Summary Property INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL Return to TOC Return P. 8 INTERNATIONAL COLLIERS // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT SITE AREA MAP INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL AREA MAPS

Colliers International 6440 S Millrock Dr | Suite 500 Salt Lake City, UT 84121 P: +1 801 947 8300 Sheet Title Sheet TOP BACK OF CURB TOP OF CONCRETE TOP OF ASPHALT TOP OF WALL TOP OF FOOTING GRADE BREAK EDGE OF ASPHALT EDGE OF WALK EXISTING GRADE FINISH FLOOR ELEV FINISH GRADE FLOW LINE SITE PLAN SITE COVER GRADING PLAN GRADING UTILITY & DRAINAGE PLAN DRAINAGE & UTILITY 4301 WEST 4570 SOUTH WEST VALLEY CITY, UT 84120 WEST VALLEY CITY, UT 84120 WEST VALLEY, UT WEST VALLEY, TRUONG PROPERTIES TRUONG 801-580-0181 801-960-2698 801-955-5605 3450 N. TRIUMPH BLVD., STE. 102 3450 N. TRIUMPH BLVD., STE. 3341 SOUTH 4000 WEST 801-560-1934 CLIENT REP: BENJAMIN LOGUE CLIENT REP: BENJAMIN LEHI, UT 84043 RUSSELL PLATT ARCHITECTURE RUSSELL PLATT PKJ DESIGN GROUP, LLC EPIC ENGINEERING, P.C. 1559 WEST 3860 SOUTH 1559 WEST 3860 ARCHITECT: CIVIL ENGINEER: LANDSCAPE ARCHITECT: DEVELOPER: ABBREVIATIONS TBC TOC TOA TW TOF GB EOA EOW EG FFE FG FL DRAWING INDEX DRAWING -- C1.1 C1.2 C1.0 Sheet Number Sheet

LAKE CITY TO SALT

5600 WEST 5600

2700 SOUTH 2700 6400 WEST 6400 Return to TOC Return

CANAL 2100 SOUTH 2100

3500 SOUTH RITER

P. 10 P. INTERNATIONAL COLLIERS

7200 WEST 7200 KERSEY CREEK CANAL CREEK KERSEY 2100 SOUTH // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT 3500 SOUTH

PERMIT #: 30804 #: PERMIT

2820 SOUTH 2400 SOUTH

8000 WEST 8000 8000 WEST 8000 4100 SOUTH PRELIMINARY PLAN SET PLAN PRELIMINARY RAILROAD 3100 SOUTH

CANAL 8400 WEST 8400

WESTERN

8400 WEST 8400 SALT LAKE SALT

RIO GRANDE 2700 SOUTH AND

AND UTAH

KENNECOTT 9200 WEST 9200

DENVER ARBOR PARK APARTMENT COMPLEX APARTMENT PARK ARBOR TO TOOELE PROJECT LOCATION

ENGINEERING www.epiceng.net Provo - (435)315-EPIC 4 APARTMENT BLDGS @ 12,247 SF EACH 4 APARTMENT BLDGS @ 12,247 2 2 82,168 SF 3,436 SF 35 (INCLUDING 2 ADA-VAN) 393 (INCLUDING 10 ADA-VAN) 36 5,527 SF 1 RESTAURANT @ 2,355 SF 14,784 SF 1 CLUBHOUSE @ 4,818 SF 1 SWIMMING POOL @ 680 SF 118,382 SF 17,399 SF 1 RETAIL @ 2,932 SF 1,566 SF 18 (INCLUDING 1 ADA) Heber City - (435)654-6600

Salt Lake City - (801)955-5605 epic

STRUCTURES: STRUCTURES: SIDEWALK: STRUCTURES: BICYCLE SPACES: LANDSCAPE: LANDSCAPE: BICYCLE SPACES: BICYCLE SPACES: LANDSCAPE: PARKING SPACES: PARKING: PARKING: PARKING SPACES: PARKING: PARKING SPACES: SITE DATA: COMMERCIAL - RESTAURANT SITE DATA: COMMERCIAL - RETAIL SITE DATA: COMMERCIAL

SITE DATA: RESIDENTIAL Project Map Project INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL PROPERTY LINE

PROPOSED 2' HIGH MAX RETAINING WALL. L=45' FEMA ZONE A FLOOD BOUNDARY

% 1 . 2 % 5 . 3 2.0%

Return to TOC Return

2.2% 4.5% 4:1

1.3% 2.3%

3.5%

% 1 . 4

PROPOSED 3' HIGH MAX RETAINING WALL. L=55'

7.3%

15.6% 2.6%

O 2.9% O PROPOSED DETENTION POND 4.4% P. 11 P. INTERNATIONAL COLLIERS

3.7% O

O O FFE: 4443.6 PROPERTY LINE PROPOSED 4-STORY APARTMENT BLDG #4 DRAINAGE SWALE Multifamily (not part of sale) Retail

3.1%

4:1

1.0% 0.5% 3.0%

4 : 1

2.6%

% 5 . 3

1 : 3

D S

D S D S D S

13.1% SD 2.8%

PROPOSED 6' HIGH MAX

RETAINING WALL. L=600'

7.8%

2.4%

(ALORICA) 3.2% 16.7%

// Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT

8300 WEST - PRIVATE - WEST 8300

1 :

SD 3 SD

0.5%

% 5 SD . 3

AREA POOL SD PROPOSED DRAINAGE SWALE SD

0.5%

SD 4444.0 FFE: 20.3%

6.0%

UTAH & SALT LAKE CANAL LAKE SALT & UTAH

APARTMENT BLDG #3 BLDG APARTMENT % 6 . 1 4-STORY PROPOSED

SD SD 2.8%

SD FFE: 4440.1 PROPOSED PROPOSED DETENTION POND

CLUBHOUSE 2.7%

SD % 7 . 5

2.1%

% 9 . SD1

DRAINAGE SWALE

D S

SD GB D S 5.8% SD

8.6%

2.0% 2.1%

% 7 . 0

2.8%

3.9% 1.3% 1.9%

% 2 . 4 2.0% 4.1%

1.8%

4.3%

2.5%

% 7 . 1

(WALMART)

1.8% 6.7% 1.9%

0.6%

PROPERTY LINE

WALL TO REMAIN 8.5% 1 : 3

SD FFE: 4435.2

0.5%

EXISTING 6' HIGH RETAINING PROPOSED 4-STORY APARTMENT BLDG #1

DRAINAGE SWALE 2.4%

EXISTING 4' HIGH BOULDER

RETAINING WALL TO REMAIN

% 3 . DRAINAGE SWALE 2

FFE: 4441.8

1 : SD 4 PROPOSED 4-STORY APARTMENT BLDG #2

7.2%

0.6%

SD RETAINING WALL. L=150'

PROPOSED 2.5' HIGH MAX 3.7%

9.2% 2.4% CENTER)

PROPERTY LINE 2.4%

1.4%

(MAGNA MEDICAL

% 9 . 1

SD 4.1%

SD 4.6%

% 9 . 3 3:1 3595 SOUTH (ARBOR PARK DR.) - PRIVATE (CAFE RIO)

SD 3.0%

8.3% 2.1% % 1 . 4

7.5%

GB 1.9%

RANT

PROPOSED 1.4% RESTAU- FFE: 4437.7 PROPOSED

1.0% 3.9% DETENTION POND

NEW PROPERTY LINE

3.4%

2.5%

0.6% 2.4% 9.2% NEW PROPERTY LINE

RETAIL

FFE: 4434.1 4.2% % 9 . PROPOSED 2

15.5% S D

D S

D S D

S D S D 6.4% S SD

SD 8400 WEST (SR-111) WEST 8400 LINE Project Site Plan Site Project INVESTMENT OFFERING INVESTMENT PROPERTY

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL DESIGNS & LAYOUT

Colliers International 6440 S Millrock Dr | Suite 500 Salt Lake City, UT 84121 P: +1 801 947 8300 Return to TOC Return P. 13 P. INTERNATIONAL COLLIERS

// Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT

Floors 2 - 4 - 2 Floors 1st Floor 1st This layout provides 192 units in 4 (4) story 4 (4) in units 192 provides layout This buildings, with no studios and all units are 2 bedroom or 3. potentially the in space also storage is extra There mechanical be the corridors, could in maintenance, for access ease of for corridors or mechanical be could on the decks. 8 x 3 bedroom, 2 bedroom full and 16 a legal not is (den den 1 bedroom with 24 bedroom but be could usedone). as 48 units per building: This design fits the civil drawing’s building building drawing’s civil the fits design This pads. INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL Return to TOC Return P. 14 P. INTERNATIONAL COLLIERS 8'-6 1/2" 8'-6 OFFICE // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT 11'-6 1/2" 11'-6 1/2" 11'-6 CLOSET

BEDROOM 4'-4 1/2" 4'-4 3/16" 4'-0 5/16" 1'-8

BATH

W/D LAUNDRY

3'-0"

11'-0 7/8" 11'-0 10'-1" 6'-2" 2'-4" REF. 9'-6 1/2" 9'-6 756 SF 756 UNIT C UNIT DINING

LIVING 11'-9 1/2" 11'-9 11'-9 1/2" 11'-9 KITCHEN WH FAU

MECH. MECH.

DW PANTRY 2'-3" 1/4" = 1'-0" = 1/4" UNIT C UNIT 5 5'-6" BATH CLOSET

10'-4"

1'-9 1/2" 1'-9

LAUNDRY W/D BEDROOM 3,000 SF Roof Deck

1'-2 15/16" 1'-2

6'-7 1/8" 6'-7 3/8" 4'-7 1/2" 1'-7 1/2" 1'-0 1/2" 11'-9 LIVING REF. 11'-6 1/2" 11'-6 DINING 15'-8 1/16" 15'-8

913 SF 913

UNIT B2 KITCHEN WH FAU

MECH. MECH.

DW CLOSET

2'-8"

11'-1 13/16" 11'-1 3/16" 14'-6 11'-0" Roof Line 6'-0" MASTER BEDROOM MASTER BATH MASTER 1/4" = 1'-0" = 1/4"

UNIT B2

Apartment Configurations Apartment Rooftop Deck | Common Area Common | Deck Rooftop INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL

8'-2 7/16" 8'-2 1/16" 6'-7 2'-10" 9'-3" 6'-0"

LAUNDRY W/D PANTRY REF. 2'-3" 5" 5'-10 1/2" 5'-10 DW 3'-2 1/2" 3'-2 11'-5 13/16" 11'-5 KITCHEN BATH 4'-3 1/2" 4'-3 MASTER BATH MASTER 5'-8"

Return to TOC Return

CLOSET CLOSET DINING 2'-4" 1'-4 3/16" 1'-4 913 SF 913 UNIT B1 CLOSET 3'-2 1/2" 3'-2 P. 15 P. INTERNATIONAL COLLIERS 15'-6" 11'-9 1/2" 11'-9 9'-7 1/2" 9'-7 BEDROOM MASTER

LIVING BEDROOM

11'-0" 1/2" 10'-10 11'-0" 1/4" = 1'-0" = 1/4" UNIT B1 3

FAU MECH.

WH MECH.

// Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT REF.

4'-0"

14'-4" 5/16" 15'-7 6'-0" 2'-8" 4'-10 3/4" 4'-10 DW 11'-5 13/16" 11'-5 BATH W/D CLOSET 6'-2 5/16" 6'-2 4'-5 7/16" 4'-5 KITCHEN

LAUNDRY

MASTER BATH

CLOSET CLOSET 2'-4" 2'-4"

DINING

2'-4" 12'-0" 1/2" 3'-8 5/8" 7'-7 1/2" 4'-2 1/4" 3'-0 3'-0" 6'-0" 2'-8" 14'-2 3/16" 14'-2 13'-11 13/16" 13'-11 13'-1 11/16" 13'-1 UNIT A2 1,194 1,194 SF Name Area Area (Rentable) Schedule Area MASTER UNIT A1UNIT A2 UNIT SF 992 B1UNIT SF 1,194 B2UNIT SF 913 CUNIT SF 913 SF 756 BEDROOM BEDROOM BEDROOM

LIVING

12'-8" 1/8" 11'-0 11/16" 10'-2 10'-8" 1/4" = 1'-0" = 1/4" UNIT A2

2 FAU

MECH. WH

MECH.

REF.

2'-8" 12'-0" 1/8" 11'-0 3/16" 4'-7 2'-4" 6'-0" 4'-4" DW 11'-5 13/16" 11'-5 BATH

KITCHEN CLOSET

5'-6 5/16" 5'-6 W/D

MASTER BATH LAUNDRY CLOSET 2'-8" DINING 26'-2" 992 SF 992 UNIT A1 14'-8 3/16" 14'-8 13'-1 11/16" 13'-1 MASTER BEDROOM BEDROOM LIVING 1/4" = 1'-0" = 1/4" UNIT A1

1 FAU 3'-6"

MECH. WH

3'-2"

MECH. Apartment Configurations Apartment INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL PROPERTY LINE

PROPOSED 2' HIGH MAX RETAINING WALL. L=45' FEMA ZONE A FLOOD BOUNDARY

% 1 . 2 % 5 . 3

2.0%

2.2% 4.5% 4:1

1.3% 2.3%

3.5%

% 1 . 4

PROPOSED 3' HIGH MAX RETAINING WALL. L=55'

7.3%

15.6% 2.6%

O 2.9% O PROPOSED DETENTION POND 4.4%

3.7% O

O O FFE: 4443.6 PROPERTY LINE PROPOSED 4-STORY APARTMENT BLDG #4 DRAINAGE SWALE

3.1%

4:1

1.0% 0.5% 3.0%

4 : 1

2.6%

% 5 . 3

1 : 3

D S D S D S

13.1% SD 2.8%

PROPOSED 6' HIGH MAX

RETAINING WALL. L=600'

7.8%

2.4%

(ALORICA) 3.2% 16.7%

8300 WEST - PRIVATE - WEST 8300

1 :

SD 3 SD

0.5%

% 5 SD . 3

AREA POOL SD PROPOSED DRAINAGE SWALE SD

0.5%

SD 4444.0 FFE: 20.3%

6.0%

UTAH & SALT LAKE CANAL LAKE SALT & UTAH

APARTMENT BLDG #3 BLDG APARTMENT % 6 . 1 4-STORY PROPOSED

SD SD 2.8%

SD FFE: 4440.1 PROPOSED PROPOSED POND DETENTION

CLUBHOUSE 2.7%

SD % 7 . 5

2.1%

% 9 . SD1

DRAINAGE SWALE

D S

SD GB D S 5.8% SD

8.6%

2.0% 2.1%

% 7 . 0

2.8%

3.9% 1.3% 1.9%

% 2 . 4 2.0% 4.1%

1.8%

4.3%

2.5%

% 7 . 1

(WALMART)

1.8% 6.7% 1.9%

0.6%

PROPERTY LINE

WALL TO REMAIN 8.5% 1 : 3

SD FFE: 4435.2

0.5%

EXISTING 6' HIGH RETAINING EXISTING 6' PROPOSED 4-STORY APARTMENT BLDG #1

DRAINAGE SWALE 2.4%

EXISTING 4' HIGH BOULDER

RETAINING WALL TO REMAIN

% 3 . DRAINAGE SWALE 2

FFE: 4441.8 Return to TOC Return

1 : SD 4 PROPOSED 4-STORY APARTMENT BLDG #2

7.2%

0.6% P. 16 P. INTERNATIONAL COLLIERS

SD RETAINING WALL. L=150'

PROPOSED 2.5' HIGH MAX 3.7%

9.2% 2.4% CENTER)

PROPERTY LINE 2.4%

1.4%

(MAGNA MEDICAL

% 9 . 1

SD 4.1%

SD 4.6%

% 9 .

// Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT 3 3:1 3595 SOUTH (ARBOR PARK DR.) - PRIVATE (CAFE RIO) (CAFE

SD 3.0%

8.3% 2.1% % 1 . 4

7.5%

GB 1.9%

RANT

PROPOSED 1.4% RESTAU- FFE: 4437.7 PROPOSED

1.0% 3.9% DETENTION POND DETENTION

NEW PROPERTY LINE NEW PROPERTY

3.4%

2.5%

0.6% 2.4% 9.2% NEW PROPERTY LINE

RETAIL

FFE: 4434.1 4.2% % 9 . PROPOSED 2

15.5% S D

D S

D S D

S D S D 6.4% S SD

SD 8400 WEST (SR-111) WEST 8400 LINE PROPERTY Easement and access to the property to the South. As to the property to Easement and access UDOT. by required the of and approval layout, Final Legal description, the subdivision of of as part to be completed easement the parcel. INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL INLAND PORT

Colliers International 6440 S Millrock Dr | Suite 500 Salt Lake City, UT 84121 P: +1 801 947 8300 Return to TOC Return Source: EDCUtah Source: P. 18 P. INTERNATIONAL COLLIERS Source: Kem C. Gardner Policy Institute Source: could could catalyze the expansion of high- // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT paying jobs in sectors like clean manufacturing manufacturing clean like sectors in jobs paying transportation. and air/rail country, the throughout areas other in shown As and warehousing on only focused development and temporary attract primarily will distribution jobs. low-paying A Utah Inland access to international markets for businesses Port state the into money bringing could Utah, throughout provide better that ripples through the economy. On average, manufacturing jobs in Utah earn above the statewide monthly wage. An inland port TRANSPORTATION AND WAREHOUSE EMPLOYMENT AND WAREHOUSE TRANSPORTATION 90% 107% 165% 154% 104% 109% 120% 149% 133% % OF STATEWIDE AVG. % OF STATEWIDE CURRENT TRENDS USING THE UTAH INLAND PORT TO INLAND PORT TO USING THE UTAH $4,115 $6,308 $5,880 $3,995 $3,443 $4,159 $4,614 $5,711 $5,088 ATTRACT HIGH-PAYING JOBS TO UTAH JOBS TO HIGH-PAYING ATTRACT AVG. MONTHLY WAGE AVG.

Employment Employment projections show that over time transportation and may decline warehousing 2060. as through automation jobs U.S. technology the advances. across Projections and for Utah employment in in growth the continued show sector manufacturing MANUFACTURING EMPLOYMENT MANUFACTURING

Transportation & Transportation Warehousing Machinery Manufacturing SECTOR Construction Manufacturing Transportation Eqpt. Transportation Manufacturing Air Transportation Rail Transportation Transportation Truck

Warehousing & Storage & Warehousing JOBS & ECONOMY & JOBS Source: Utah Dept. of Workforce Services Workforce Utah Dept. of Source: Utah has one of the most diverse economies in the nation and holds in industries. expertise many Currently, education and health services; trade, transportation, and utilities; and professional and business services Utah make up employment, over while half manufacturing of nine percent of composes labor. This only diverse economy gives Utah an downturn. financial during periods of advantage INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL Return to TOC Return Source: EDCUtah Source: P. 19 P. INTERNATIONAL COLLIERS Source: Kem C. Gardner Policy Institute Source: could could catalyze the expansion of high- // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT paying jobs in sectors like clean manufacturing manufacturing clean like sectors in jobs paying transportation. air/rail and country, the throughout areas other in shown As and warehousing on only focused development and temporary attract primarily will distribution jobs. low-paying A Utah Inland access to international markets for businesses Port state the into money bringing could Utah, throughout provide better economy. the ripples through that On average, manufacturing jobs in Utah earn above the statewide monthly wage. An inland port TRANSPORTATION AND WAREHOUSE EMPLOYMENT WAREHOUSE AND TRANSPORTATION 90% 107% 165% 154% 104% 109% 120% 149% 133% % OF STATEWIDE AVG. % OF STATEWIDE CURRENT TRENDS USING THE UTAH INLAND PORT TO INLAND PORT TO UTAH USING THE $4,115 $6,308 $5,880 $3,995 $3,443 $4,159 $4,614 $5,711 $5,088 ATTRACT HIGH-PAYING JOBS TO UTAH TO JOBS HIGH-PAYING ATTRACT AVG. MONTHLY WAGE AVG.

Warehousing & Storage & Warehousing JOBS & ECONOMY JOBS Source: Utah Dept. of Workforce Services Workforce Utah Dept. of Source: Utah has one of the most diverse economies in the nation and holds in industries. expertise many Currently, education and health services; trade, transportation, and utilities; and professional and business services Utah make up employment, over while half manufacturing of nine percent of composes labor. This only diverse economy gives Utah an financial downturn. during periods of advantage INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL

Source: EDCUtah Source: Source : NWQ Master Plan, Salt Lake City Lake Salt Plan, Master NWQ : Source Return to TOC Return

215 SR-201 Landfill Mining Mining Heavy Industrial Heavy Open Space Open new commerical buildingnew commerical Source: EDCUtah Source:

215 Miles 4

SR-201

P. 20 P. INTERNATIONAL COLLIERS

Bangerter Hwy Bangerter Landfill Mining Mining Heavy Industrial Heavy Open Space Open Source : NWQ Master Plan, Salt Lake City Miles Lake Salt Plan, Master NWQ : Source 4

3 Bangerter Hwy Bangerter 3

5600 West 5600 2 5600 West 5600 Development Area Area Development I-80 of North Since Since 2009, 66 Natural Areas Natural ffer Bu Eco-Industrial Light Industrial Development Area Area Development of I-80 North Natural Areas Natural ffer Bu Eco-Industrial Light Industrial 1 Future Land Use Future 1 Future Land Use Future 0.5 0.5

0 California Ave California 7200 West 7200 0 California Ave California

215

QUADRANT PLANS QUADRANT Northwest Quadrant Quadrant Northwest West 7200 Future Land Use Map Land Use Future ¯ Northwest Quadrant Quadrant Northwest Future Land Use Map Land Use Future SR-201 Canals ¯ Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT SALT LAKE CITY NORTHWEST CITY LAKE SALT Landfill Mining Mining Heavy Industrial Heavy Open Space Open Additionally, environmental impact mitigation impact environmental Additionally,

80 Canals Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary new commerical buildingnew commerical

215 Northwest Quadrant Master Plan | Miles 4 LAND USE PLAN 24

SR-201 Bangerter Hwy Bangerter Landfill Mining Mining Heavy Industrial Heavy Open Space Open Northwest Quadrant Master Plan | Miles LAND USE PLAN 24 4 Salt Lake City has already zoned most of the area for light industrial uses. Heavy industrial uses are not permitted in zoning. this freight facilities. rail any plans are required for

3 Bangerter Hwy Bangerter Almost all of the Utah Inland Port area is privately owned and already zoned already and owned privately is area Port Inland Utah the of all Almost for light industrial development. permits have been issued for the area with an approximate value of value the area with an approximate been issued for permits have $462 million. in 2018 total or already completed under construction Spaces 4.2 MILLION SQFT. 3 2

§ ¨ 5600 West 5600 2 5600 West 5600 Development Area Area Development of I-80 North Since Since 2009, 66 6 Natural Areas Natural ffer Bu Eco-Industrial Light Industrial Development Area Area Development of I-80 North Natural Areas Natural ffer Bu Eco-Industrial Light Industrial 1 Future Land Use Future 1 Future Land Use Future 230,329 SF 261,302 SF 297,400 SF 383,892 SF 374,288 SF 214,452 SF 225,000 SF Stadler Rail BDO AutoLiv BDO 0.5 Price 5600 West CURRENT TRENDS 0.5 BioFire Manufacturing 400 South Depot Drive, Ogden RWK Legacy Logistics II RWK I-215 Commerce Center B

620 South 5700 West, Salt Lake City 620 South 5700 West, 485 South 5700 West, Salt Lake City 485 South 5700 West, 150 South 5600 West, Salt Lake City 150 South 5600 West,

2260 North 2200 West, Salt Lake City 2260 North 2200 West, Meridian Commerce Center 2 0 995-1005 South 4800 West, Salt Lake City 995-1005 South 4800 West, 4324 W Commercial Way, Salt Lake City 4324 W Commercial Way, California Ave California 7200 West 7200 0 California Ave California

QUADRANT PLANS QUADRANT Northwest Quadrant Quadrant Northwest West 7200 Future Land Use Map Land Use Future !( ! ( Fork !( Newmark Grubb ACRES Yearend Report 2018 Yearend ACRES Newmark Grubb Spanish Provo ¯ 15 Northwest Quadrant Quadrant Northwest § ¨ Future Land Use Map Land Use Future 84 § ¨ ! ( !( ! ( ! ( !( ! ( ! ( !( !( !( !( !( !( ! ( !( !( !( Canals ¯ Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary Lehi SALT LAKE CITY NORTHWEST CITY LAKE SALT !( !( !( !( Draper ! ( ! ( ! ( ! ( ! ( Salt Lake City !( ! ( !( !( !( Additionally, environmental impact mitigation impact environmental Additionally, !( !( !( !( Bountiful !( !(

80 Under !( ! ( !( Delivered !( ! ( !( ! ( 215 ! ( ! ( ! ( !( Construction Layton § ¨ !( !( !( ! ( ! ( !( ! ( Ogden !( !( !( !( !( !( !( !( Canals Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary ! ( !( !( ! ( !( !( 15 !( ! ( !( § ¨ !( ! ( ! ( !( !! (( !( !( !( ! ( 1,000,000+ SF !( !( !( !( !( !( ! ( ! ( !( Northwest Quadrant Master Plan !( ! ( !( ! ( | !( ! ( 5,000 SF LAND USE PLAN 24 ZONING DISTRICTS WITHIN

80 DEVELOPMENT INLAND PORT AUTHORITY LAND INLAND PORT AUTHORITY

Northwest Quadrant Master Plan SALT LAKE OVERVIEW MARKET COUNTY SALT 310,479 SF 533,880 SF 457,320 SF 425,000 SF 634,260 SF 870,000 SF | 2,400,500 SF Ace Industrial I ARA Building C ARA XR International UPS Regional Hub Quality Distribution Amazon Fulfillment Center 6398 West 700 South, Salt Lake City 6398 West 695 N John Glenn Rd, Salt Lake City 2499 South 6755 West, Salt Lake City 2499 South 6755 West, LAND USE PLAN 5420 W John Cannon Dr, Salt Lake City 5420 W John Cannon Dr, 5656 W John Cannon Dr, Salt Lake City 5656 W John Cannon Dr, 5544 W John Cannon Dr, Salt Lake City 5544 W John Cannon Dr, Boyer John Cannon Logistics Center 260 N Ace Yeager Court, Salt Lake City Yeager Ace 260 N

Salt Lake City has already zoned most of the area for light industrial uses. Heavy industrial uses are not permitted in zoning. this freight facilities. rail any plans are required for

Source : Salt Lake City Lake Salt : Source © Newmark Grubb ACRES 2019. All Rights Reserved ACRES 2019. © Newmark Grubb 2018 Under Construction and Delivered Buildings – The Wasatch Front The Wasatch 2018 Under Construction and Delivered Buildings – INDUSTRIAL 80 § ¨

Utah is known as the “Crossroads of excellent the connectivity West” to for its the entire interstate two of nation. intersection the at sits area Port Inland The Utah freeways, major national railways, and an international demand high a at area the puts connectivity This airport. and distribution centers. warehousing for Source : Newmark Grubb Acres Grubb Newmark : Source permits have been issued for the area with an approximate value of value area with an approximate the been issued for permits have Almost all of the Utah Inland Port area is privately owned and already zoned already and owned privately is area Port Inland Utah the of all Almost for light industrial development. Spaces under construction or already completed in 2018 total or already completed under construction Spaces $462 million. 4.2 MILLION SQFT. 4.2 MILLION 80 INVESTMENT OFFERING INVESTMENT § ¨

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH 6 SUMMARY SUMMARY LAYOUT SCHOOL 230,329 SF 261,302 SF 297,400 SF 383,892 SF 374,288 SF 214,452 SF 225,000 SF Stadler Rail

BDO AutoLiv BDO Price 5600 West CURRENT TRENDS CURRENT BioFire Manufacturing 400 South Depot Drive, Ogden RWK Legacy Logistics II Legacy Logistics RWK I-215 Commerce Center B 620 South 5700 West, Salt Lake City 620 South 5700 West, 485 South 5700 West, Salt Lake City 485 South 5700 West, 150 South 5600 West, Salt Lake City 150 South 5600 West, 2260 North 2200 West, Salt Lake City 2260 North 2200 West, Meridian Commerce Center 2 995-1005 South 4800 West, Salt Lake City 995-1005 South 4800 West, 4324 W Commercial Way, Salt Lake City 4324 W Commercial Way, !( ! ( Fork !( Newmark Grubb ACRES Yearend Report 2018 Yearend ACRES Newmark Grubb Spanish Provo 15 § ¨ 84 § ¨ ! ( !( ! ( ! ( !( ! ( ! ( !( !( !( !( !( !( ! ( !( !( !( Lehi !( !( !( !( Draper ! ( ! ( ! ( ! ( ! ( Salt Lake City !( ! ( !( !( !( !( !( !( !( Bountiful !( !( Under !( ! ( !( Delivered !( ! ( !( ! ( 215 ! ( ! ( ! ( !( Construction Layton § ¨ !( !( !( ! ( ! ( !( ! ( Ogden !( !( !( !( !( !( !( !( ! ( !( !( ! ( !( !( 15 !( ! ( !( § ¨ !( ! ( ! ( !( !! (( !( !( !( ! ( 1,000,000+ SF !( !( !( !( !( !( ! ( ! ( !( !( ! ( !( ! ( !( ! ( 5,000 SF ZONING DISTRICTS WITHIN DEVELOPMENT INLAND PORT AUTHORITY LAND INLAND PORT AUTHORITY SALT LAKE OVERVIEW MARKET COUNTY SALT 310,479 SF 533,880 SF 457,320 SF 425,000 SF 634,260 SF 870,000 SF 2,400,500 SF Ace Industrial I ARA Building C ARA XR International UPS Regional Hub Quality Distribution Amazon Fulfillment Center

6398 West 700 South, Salt Lake City 700 South, 6398 West 695 N John Glenn Rd, Salt Lake City

2499 South 6755 West, Salt Lake City 2499 South 6755 West, 5420 W John Cannon Dr, Salt Lake City 5420 W John Cannon Dr, 5656 W John Cannon Dr, Salt Lake City 5656 W John Cannon Dr, 5544 W John Cannon Dr, Salt Lake City 5544 W John Cannon Dr, Boyer John Cannon Logistics Center 260 N Ace Yeager Court, Salt Lake City Yeager Ace 260 N Source : Salt Lake City Lake Salt : Source © Newmark Grubb ACRES 2019. All Rights Reserved ACRES 2019. © Newmark Grubb 2018 Under Construction and Delivered Buildings – The Wasatch Front The Wasatch – 2018 Under Construction and Delivered Buildings INDUSTRIAL 80 § ¨

Source: EDCUtah Source: Source : NWQ Master Plan, Salt Lake City Lake Salt Plan, Master NWQ : Source

215 SR-201 Landfill Mining Mining Heavy Industrial Heavy Open Space Open new commerical buildingnew commerical

215 Miles 4

SR-201 Bangerter Hwy Bangerter Landfill Mining Mining Heavy Industrial Heavy Open Space Open Miles 4

3 Bangerter Hwy Bangerter Return to TOC Return 3

5600 West 5600 2 5600 West 5600 P. 21 P. INTERNATIONAL COLLIERS Development Area Area Development of I-80 North Since Since 2009, 66 Natural Areas Natural ffer Bu Eco-Industrial Light Industrial Development Area Area Development of I-80 North Natural Areas Natural ffer Bu Eco-Industrial Light Industrial 1 Future Land Use Future 1 Future Land Use Future 0.5 0.5

0 California Ave California 7200 West 7200 0 California Ave California

QUADRANT PLANS QUADRANT Northwest Quadrant Quadrant Northwest West 7200 Future Land Use Map Use Land Future ¯ Northwest Quadrant Quadrant Northwest Future Land Use Map Use Land Future Canals ¯ Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary SALT LAKE CITY NORTHWEST CITY LAKE SALT Additionally, environmental impact mitigation impact environmental Additionally,

80 Source: EDCUtah Source: // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT Canals Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary

Northwest Quadrant Master Plan

| Source : NWQ Master Plan, Salt Lake City Lake Salt Plan, Master NWQ : Source LAND USE PLAN 24

80 Northwest Quadrant Master Plan | LAND USE PLAN LAND USE 24 plans are required for any rail freight facilities. rail any plans are required for Salt Lake City has already zoned most of the area for light industrial uses. Heavy industrial uses are not permitted in zoning. this

215 Almost all of the Utah Inland Port area is privately owned and already zoned already and owned privately is area Port Inland Utah the of all Almost for light industrial development. permits have been issued for the area with an approximate value of value approximate an with the area for issued been have permits $462 million. $462 total 2018 in completed already or construction under Spaces 4.2 MILLION SQFT. MILLION 4.2 SR-201 Landfill Mining Mining Heavy Industrial Heavy Open Space Open Source: EDCUtah Source: new commerical buildingnew commerical

215

Miles Source : NWQ Master Plan, Salt Lake City Lake Salt Plan, Master NWQ : Source 4

SR-201

80 § ¨ Hwy Bangerter Landfill Mining Mining Heavy Industrial Heavy Open Space Open Miles 4

215 Bangerter Hwy Bangerter SR-201 Landfill Mining Mining Heavy Industrial Heavy Open Space Open 3 new commerical buildingnew commerical

215 Miles 4

SR-201

2 230,329 SF Hwy Bangerter 261,302 SF 297,400 SF 383,892 SF 374,288 SF 214,452 SF 214,452 225,000 SF Landfill Mining Mining Heavy Industrial Heavy Open Space Open Stadler Rail

BDO AutoLiv BDO

Miles Price 5600 West 5600 Price 5600 West 5600 2 4

CURRENT TRENDS

BioFire Manufacturing Hwy Bangerter 400 South Depot Drive, Ogden West 5600 RWK Legacy Logistics II RWK I-215 Commerce Center B Development Area Area Development of I-80 North Since Since 2009, 66 620 South 5700 West, Salt Lake City 620 South 5700 West, 485 South 5700 West, Salt Lake City Salt Lake West, 5700 485 South 150 South 5600 West, Salt Lake City Salt 150 South 5600 West, Natural Areas Natural ffer Bu Eco-Industrial Light Industrial 2260 North 2200 West, Salt Lake City 2260 North 2200 West, Meridian Commerce Center 2 Meridian Commerce 995-1005 South 4800 West, Salt Lake City 995-1005 South 4800 West, 4324 W Commercial Way, Salt Lake City Way, 4324 W Commercial 3 Development Area Area Development of I-80 North Natural Areas Natural ffer Bu Eco-Industrial Light Industrial

2 1 Future Land Use Future 1 Future Land Use Future

5600 West 5600 2 5600 West 5600 Development Area Area Development of I-80 North Since Since 2009, 66 Natural Areas Natural ffer Bu Eco-Industrial Light Industrial Development Area Area Development of I-80 North 0.5 Natural Areas Natural ffer Bu Eco-Industrial Light Industrial 1 Future Land Use Future 1 0.5 Future Land Use Future !( ! ( 0 California Ave California Fork

0.5 !( Newmark Grubb ACRES Yearend Report 2018 Yearend ACRES Newmark Grubb

0.5 Spanish West 7200 Provo

0 California Ave California

0 California Ave California 7200 West 7200

15 0

California Ave California

§ ¨ QUADRANT PLANS QUADRANT

Northwest Quadrant Quadrant Northwest West 7200 QUADRANT PLANS QUADRANT Future Land Use Map Use Land Future West 7200 Northwest Quadrant Quadrant Northwest Future Land Use Map Use Land Future 84 § ¨ ! ( ¯ !( ! ( ! ( !( Northwest Quadrant Quadrant Northwest ! ( ! ( Future Land Use Map Land Use Future !( !( ¯ !( Northwest Quadrant Quadrant Northwest !( !( Future Land Use Map Land Use Future !( ! ( !( Canals ¯ Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary !( SALT LAKE CITY NORTHWEST CITY LAKE SALT !( Lehi Additionally, environmental impact mitigation impact environmental Additionally,

80 !( !( Canals ¯ !( Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary Canals SALT LAKE CITY NORTHWEST CITY LAKE SALT Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary !( Draper ! ( Northwest Quadrant Master Plan ! ( | ! ( ! ( ! ( Salt Lake City Salt Lake LAND USE PLAN !( 24 ! ( Additionally, environmental impact mitigation impact environmental Additionally, !( ! ( ! ( !(

80 !(

80 !( !( Bountiful !( !( Under !( ! ( !( Delivered !( ! ( !( ! ( 215 ! ( ! ( ! ( !( Construction Layton Canals § ¨ !( !( !( Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary ! ( ! ( !( ! ( Ogden ! ( !( ! ( Northwest Quadrant Master Plan ! ( ! ( ! ( | ! ( ! ( Northwest Quadrant Master Plan ! ( !( !( | ! ( !( !( 15 ! ( ! ( ! ( LAND USE PLAN 24 § ¨ !( Salt Lake City has already zoned most of the area for light industrial uses. Heavy industrial uses are not permitted in zoning. this plans are required for any rail freight facilities. rail any plans are required for ! ( ! ( !( ! ( !! (( !( !( ! ( 1,000,000+ SF ! ( !( !( !( ! ( ! ( ! ( ! ( !( !( LAND USE PLAN ! ( !( 24 ! (

80 ! ( ! ( Almost all of the Utah Inland Port area is privately owned and already zoned already and owned privately is area Port Inland Utah the of all Almost for light industrial development. of value an approximate the area with for been issued permits have $462 million. in 2018 total or already completed construction under Spaces 5,000 SF 4.2 MILLION SQFT. 4.2 MILLION ZONING DISTRICTS WITHIN Northwest Quadrant Master Plan INVESTMENT OFFERING INVESTMENT

| DEVELOPMENT

INLAND PORT AUTHORITY LAND INLAND PORT AUTHORITY

80 § ¨ LAND USE PLAN LAND USE 24 zoning. this industrial uses. Heavy industrial uses are not permitted in Salt Lake City has already zoned most of the area for light freight facilities. rail any plans are required for

EXECUTIVE PROPERTY AREA MAPS DESIGNS6 & INLAND PORT NEW HIGH

SALT LAKE OVERVIEW MARKET COUNTY SALT

310,479 SF

533,880 SF 457,320 SF

425,000 SF 634,260 SF 870,000 SF SUMMARY SUMMARY LAYOUT SCHOOL

2,400,500 SF 2,400,500

Ace Industrial I ARA Building C Building ARA

XR International Hub Regional UPS

Quality Distribution for for light industrial development.

Almost all of the Utah Inland Port area is privately owned and already zoned already and owned privately is area Port Inland Utah the of all Almost permits have been issued for the area with an approximate value of value approximate an with the area for issued been have permits

Spaces under construction or already completed in 2018 total 2018 in completed already or construction under Spaces $462 million. $462 230,329 SF 261,302 SF 297,400 SF 297,400 383,892 SF 374,288 SF 214,452 SF

225,000 SF 4.2 MILLION SQFT. MILLION 4.2 Stadler Rail

BDO AutoLiv BDO Price 5600 West Amazon Fulfillment Center Amazon 6398 West 700 South, Salt Lake City 700 South, Salt Lake 6398 West

695 N John Glenn Rd, Salt Lake City Rd, Salt John Glenn 695 N Salt Lake City 2499 South 6755 West, CURRENT TRENDS CURRENT 5420 W John Cannon Dr, Salt Lake City 5420 W John Cannon Dr, 5656 W John Cannon Dr, Salt Lake City Salt Lake Dr, 5656 W John Cannon 5544 W John Cannon Dr, Salt Lake City 5544 W John Cannon Dr, Boyer John Cannon Logistics Center 260 N Ace Yeager Court, Salt Lake City Yeager Ace 260 N BioFire Manufacturing 400 South Depot Drive, Ogden Depot Drive, 400 South RWK Legacy Logistics II Legacy RWK

I-215 Commerce Center B I-215 Commerce

620 South 5700 West, Salt Lake City 620 South 5700 West, 485 South 5700 West, Salt Lake City 485 South 5700 West, 150 South 5600 West, Salt Lake City Salt Lake 150 South 5600 West, 2260 North 2200 West, Salt Lake City West, 2260 North 2200 Meridian Commerce Center 2 995-1005 South 4800 West, Salt Lake City 995-1005 South 4800 West, 4324 W Commercial Way, Salt Lake City 4324 W Commercial Way, Source : Salt Lake City Lake Salt : Source © Newmark Grubb ACRES 2019. All Rights Reserved ACRES 2019. © Newmark Grubb INDUSTRIAL 2018 Under Construction and Delivered Buildings – The Wasatch Front The Wasatch 2018 Under Construction and Delivered Buildings – 80 § ¨ !( ! ( Fork Utah is known as the “Crossroads of excellent the connectivity West” to for its the entire interstate two of nation. intersection the at sits area Port Inland The Utah freeways, major national railways, and an international demand high a at area the puts connectivity This airport. and distribution centers. warehousing for !( Newmark Grubb ACRES Yearend Report 2018 Yearend ACRES Newmark Grubb Spanish Provo

15 § ¨ 80 Acres Grubb Newmark : Source 84 § ¨ § ¨ ! ( !( ! ( ! ( !( ! ( ! ( !( !( !( !( !( !( ! ( !( !( !( Lehi !( !( !( !( Draper ! ( ! ( ! ( ! ( 6 ! ( Salt Lake City !( ! ( !( !( !( !( !( !( !( Bountiful !( !( Under !( ! ( !( Delivered !( ! ( !( ! ( 215 ! ( ! ( ! ( !( Construction Layton § ¨ !( !( !( ! ( ! ( !( ! ( Ogden !( !( !( !( !( !( !( !( ! ( ! ( !( ! ( !( !( 15 !( ! ( !( § ¨ !( ! ( ! ( !( !! (( !( !( !( ! ( 1,000,000+ SF !( !( !( !( !( !( ! ( ! ( !( !( ! ( !( ! ( !( ! ( 5,000 SF ZONING DISTRICTS WITHIN 230,329 SF 261,302 SF 297,400 SF 383,892 SF 374,288 SF 214,452 SF 214,452 225,000 SF 225,000 DEVELOPMENT Stadler Rail BDO AutoLiv BDO INLAND PORT AUTHORITY LAND INLAND PORT AUTHORITY Price 5600 West Price 5600 CURRENT TRENDS BioFire Manufacturing 400 South Depot Drive, Ogden RWK Legacy Logistics II RWK I-215 Commerce Center B SALT LAKEOVERVIEW MARKET COUNTY SALT 620 South 5700 West, Salt Lake City 620 South 5700 West, 485 South 5700 West, Salt Lake City Salt 5700 West, 485 South 150 South 5600 West, Salt Lake City 150 South 5600 West, 310,479 SF 533,880 SF 533,880 457,320 SF 425,000 SF 634,260 SF 870,000 SF 2260 North 2200 West, Salt Lake City Salt Lake 2260 North 2200 West, Meridian Commerce Center 2 Meridian Commerce 2,400,500 SF 995-1005 South 4800 West, Salt Lake City 995-1005 South 4800 West, 4324 W Commercial Way, Salt Lake City Salt Lake Way, 4324 W Commercial Ace Industrial I ARA Building C ARA XR International UPS Regional Hub Quality Distribution Amazon Fulfillment Center

6398 West 700 South, Salt Lake City 700 South, Salt 6398 West 695 N John Glenn Rd, Salt Lake City

2499 South 6755 West, Salt Lake City 2499 South 6755 West, 5420 W John Cannon Dr, Salt Lake City Salt Lake John Cannon Dr, 5420 W 5656 W John Cannon Dr, Salt Lake City 5656 W John Cannon Dr, 5544 W John Cannon Dr, Salt Lake City Salt Dr, 5544 W John Cannon Boyer John Cannon Logistics Center Logistics Cannon John Boyer 260 N Ace Yeager Court, Salt Lake City Yeager Ace 260 N Source : Salt Lake City Lake Salt : Source © Newmark Grubb ACRES 2019. All Rights Reserved ACRES 2019. © Newmark Grubb 2018 Under Construction and Delivered Buildings – The Wasatch Front The Wasatch – Buildings Delivered and Under Construction 2018 INDUSTRIAL 80 § ¨ Utah is known as the “Crossroads of excellent the connectivity West” to for its the entire interstate two of nation. intersection the at sits area Port Inland The Utah freeways, major national railways, and an international demand high a at area the puts connectivity This airport. distribution centers. and warehousing for

! ( Source : Newmark Grubb Acres Grubb Newmark : Source Fork !( Newmark Grubb ACRES Yearend Report 2018 Yearend ACRES Newmark Grubb Spanish Provo 15 § ¨ 84 § ¨ ! ( !( ! ( ! ( !( ! ( ! ( !( !( !( !( !( !( !( ! ( !( !( Lehi !( !( !( !( Draper ! ( ! ( ! ( ! ( ! ( Salt Lake City Lake Salt !( ! ( ! ( !( ! ( !( !( !( !( Bountiful !( !( Under !( ! ( !( Delivered !( ! ( !( ! ( 215 ! ( ! ( !( ! ( Construction Layton !( § ¨ !( !( ! ( ! ( !( ! ( Ogden ! ( !( ! ( ! ( ! ( ! ( ! ( ! ( ! ( !( !( ! ( !( !( 15 ! ( ! ( !( § ¨ !( ! ( ! ( ! ( !! (( !( ! ( ! ( ! ( 1,000,000+ SF ! ( ! ( ! ( ! ( ! ( !( ! ( ! ( !( !( ! ( ! ( ! ( ! ( ! ( 5,000 SF ZONING DISTRICTS WITHINZONING DISTRICTS DEVELOPMENT INLAND PORT AUTHORITY LAND INLAND PORT AUTHORITY SALT LAKE OVERVIEW MARKET COUNTY SALT 310,479 SF 533,880 SF 457,320 SF 425,000 SF 634,260 SF 870,000 SF 2,400,500 SF 2,400,500 Ace Industrial I Ace Industrial ARA Building C ARA XR International UPS Regional Hub UPS Regional Quality Distribution Amazon Fulfillment Center Fulfillment Amazon

6398 West 700 South, Salt Lake City South, Salt Lake 700 6398 West 695 N John Glenn Rd, Salt Lake City Lake Salt Rd, Glenn John N 695

2499 South 6755 West, Salt Lake City 2499 South 6755 West, 5420 W John Cannon Dr, Salt Lake City Salt Lake 5420 W John Cannon Dr, 5656 W John Cannon Dr, Salt Lake City Dr, 5656 W John Cannon 5544 W John Cannon Dr, Salt Lake City Salt Lake 5544 W John Cannon Dr, Boyer John Cannon Logistics Center 260 N Ace Yeager Court, Salt Lake City Yeager Ace 260 N Source : Salt Lake City Lake Salt : Source © Newmark Grubb ACRES 2019. All Rights Reserved ACRES 2019. © Newmark Grubb 2018 Under Construction and Delivered Buildings – The Wasatch Front The Wasatch – 2018 Under Construction and Delivered Buildings INDUSTRIAL 80 § ¨

Source: EDCUtah Source: Source : NWQ Master Plan, Salt Lake City Lake Salt Plan, Master NWQ : Source

215 SR-201 Landfill Mining Mining Heavy Industrial Heavy Open Space Open new commerical buildingnew commerical

215 Miles 4

SR-201 Bangerter Hwy Bangerter Landfill Mining Mining Heavy Industrial Heavy Open Space Open Miles 4

3 Bangerter Hwy Bangerter 3

5600 West 5600 2 5600 West 5600 Development Area Area Development of I-80 North Since Since 2009, 66 Natural Areas Natural ffer Bu Eco-Industrial Light Industrial Development Area Area Development of I-80 North Natural Areas Natural ffer Bu Eco-Industrial Light Industrial 1 Future Land Use Land Future 1 Future Land Use Future 0.5 0.5

0 California Ave California Source: EDCUtah Source: 7200 West 7200

0 California Ave California Source : NWQ Master Plan, Salt Lake City Lake Salt Plan, Master NWQ : Source

QUADRANT PLANS QUADRANT Northwest Quadrant Quadrant Northwest West 7200 Future Land Use Map Use Land Future ¯ Northwest Quadrant Quadrant Northwest Future Land Use Map Land Use Future Canals ¯

215 Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary SALT LAKE CITY NORTHWEST CITY LAKE SALT SR-201 Return to TOC Return Additionally, environmental impact mitigation impact environmental Additionally, Landfill Mining Mining Heavy Industrial Heavy Open Space Open

80 new commerical buildingnew commerical

215 Miles Canals Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary 4

SR-201 Bangerter Hwy Bangerter Northwest Quadrant Master Plan Landfill Mining Mining Heavy Industrial Heavy Open Space Open | Miles 4

LAND USE PLAN LAND

3 24 Bangerter Hwy Bangerter P. 22 P. INTERNATIONAL COLLIERS

80 3

2 5600 West 5600 2

Northwest Quadrant Master Plan 5600 West 5600 | Development Area Area Development of I-80 North Since Since 2009, 66 Natural Areas Natural ffer Bu Eco-Industrial Light Industrial Development Area Area Development of I-80 North Natural Areas Natural ffer Bu Eco-Industrial Light Industrial 1 Future Land Use Future 1 Future Land Use Future LAND USE PLAN 24 Salt Lake City has already zoned most of the area for light industrial uses. Heavy industrial uses are not permitted in zoning. this freight facilities. rail any plans are required for 0.5 0.5

0 California Ave California 7200 West 7200 0 California Ave California

QUADRANT PLANS QUADRANT Northwest Quadrant Quadrant Northwest West 7200 Future Land Use Map Land Use Future ¯ Northwest Quadrant Quadrant Northwest Future Land Use Map Land Use Future permits have been issued for the area with an approximate value of value the area with an approximate been issued for permits have Almost all of the Utah Inland Port area is privately owned and already zoned already and owned privately is area Port Inland Utah the of all Almost for light industrial development. $462 million. total in 2018 or already completed construction under Spaces 4.2 MILLION SQFT. MILLION 4.2 Canals ¯ Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary SALT LAKE CITY NORTHWEST CITY LAKE SALT Additionally, environmental impact mitigation impact environmental Additionally,

80 Canals Elevation 4,215 Feet Elevation and below Northwest Quadrant Quadrant Northwest Boundary // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT Northwest Quadrant Master Plan | LAND USE PLAN 24

80 Northwest Quadrant Master Plan | 80 § ¨ LAND USE PLAN LAND USE PLAN 24 Salt Lake City has already zoned most of the area for light industrial uses. Heavy industrial uses are not permitted in zoning. this plans are required for any rail freight facilities. rail any plans are required for Almost all of the Utah Inland Port area is privately owned and already zoned already and owned privately is area Port Inland Utah the of all Almost for light industrial development. of value approximate with an the area issued for been have permits $462 million. $462 in 2018 total completed or already under construction Spaces 6 4.2 MILLION SQFT. MILLION 4.2 80 § ¨ 230,329 SF 261,302 SF 297,400 SF 383,892 SF 383,892 374,288 SF 214,452 SF 225,000 SF Stadler Rail 6 BDO AutoLiv BDO Price 5600 West CURRENT TRENDS BioFire Manufacturing 400 South Depot Drive, Ogden RWK Legacy Logistics II Logistics Legacy RWK I-215 Commerce Center B 620 South 5700 West, Salt Lake City Salt Lake West, South 5700 620 485 South 5700 West, Salt Lake City 485 South 5700 West, 150 South 5600 West, Salt Lake City 150 South 5600 West, 2260 North 2200 West, Salt Lake City 2260 North 2200 West, Meridian Commerce Center 2 Meridian Commerce Center 995-1005 South 4800 West, Salt Lake City West, 995-1005 South 4800 4324 W Commercial Way, Salt Lake City Salt Lake 4324 W Commercial Way, 230,329 SF 261,302 SF 297,400 SF 383,892 SF 374,288 SF 374,288 214,452 SF 225,000 SF 225,000 Stadler Rail Stadler BDO AutoLiv BDO Price 5600 West CURRENT TRENDS BioFire Manufacturing 400 South Depot Drive, Ogden RWK Legacy Logistics II RWK I-215 Commerce Center B Center I-215 Commerce 620 South 5700 West, Salt Lake City 620 South 5700 West, 485 South 5700 West, Salt Lake City Salt Lake 485 South 5700 West, 150 South 5600 West, Salt Lake City Lake Salt West, South 5600 150 2260 North 2200 West, Salt Lake City 2200 West, 2260 North Meridian Commerce Center 2 Meridian Commerce Center 995-1005 South 4800 West, Salt Lake City 995-1005 South 4800 West, 4324 W Commercial Way, Salt Lake City 4324 W Commercial Way, !( !( ! ( ! ( Fork !( Fork Newmark Grubb ACRES Yearend Report 2018 Yearend ACRES Newmark Grubb !( Spanish Provo 2018 Report Yearend ACRES Grubb Newmark Spanish Spanish Provo 15 § ¨ 84 § ¨ 15 ! ( !( ! ( ! ( !( ! ( ! ( !( !( § ¨ !( !( !( !( ! ( !( 84 !( !( § ¨ ! ( Lehi !( ! ( ! ( !( !( ! ( ! ( !( !( !( !( !( !( Draper ! ( ! ( !( !( ! ( ! ( !( ! ( !( ! ( Salt Lake City Salt Lake !( ! ( !( !( !( !( !( !( !( !( Bountiful !( !( !( Under !( ! ( !( Delivered !( ! (

!( ! ( 215 ! ( ! ( !( ! ( Construction Layton !( § ¨ !( !( ! ( ! ( Lehi !( ! ( Ogden !( !(

!( !( !( !( !( !( !( !( ! ( !( !( !( ! ( !( 15 !( !( ! ( !( § ¨ !( ! ( ! ( !! (( !( !( ! ( !( !( 1,000,000+ SF !( !( !( !( !( !( ! ( ! ( !( !( Draper !( ! ( !( ! ( ! ( !( ! ( ! ( ! ( ! ( 5,000 SF ! ( Salt Lake City !( ! ( !( !( !( !( !( !( !( Bountiful !( !( ZONING DISTRICTS WITHIN Under Under !( ! ( !( Delivered !( ! ( !( ! ( 215 ! ( DEVELOPMENT ! ( ! ( !( Construction Layton § ¨ !( !( !( ! ( ! ( !( ! ( INLAND PORT AUTHORITY LAND INLAND PORT AUTHORITY Ogden !( !( !( !( !( !(

!( !( ! (

!( !( ! ( !( !( 15 !( ! ( !( § ¨ !( SALT LAKE OVERVIEW MARKET COUNTY SALT ! ( ! ( !! (( !( !( !( !( ! ( 1,000,000+ SF 1,000,000+ !( !( 310,479 SF 533,880 SF 457,320 SF 457,320 425,000 SF 425,000 634,260 SF 870,000 SF !( !( !( 2,400,500 SF !( ! ( ! ( !( !( ! ( !( Ace Industrial I ! ( ARA Building C ARA XR International XR UPS Regional Hub !( Quality Distribution ! ( Amazon Fulfillment Center Amazon Fulfillment 6398 West 700 South, Salt Lake City 6398 West 695 N John Glenn Rd, Salt Lake City 695 N John Glenn 2499 South 6755 West, Salt Lake City Salt Lake 2499 South 6755 West, 5420 W John Cannon Dr, Salt Lake City 5420 W John Cannon Dr, 5656 W John Cannon Dr, Salt Lake City Salt Dr, Cannon W John 5656 5544 W John Cannon Dr, Salt Lake City Salt Lake John Cannon Dr, 5544 W Boyer John Cannon Logistics Center Boyer John Cannon Logistics 260 N Ace Yeager Court, Salt Lake City Yeager Ace 260 N

5,000 SF 5,000 Source : Salt Lake City Lake Salt : Source © Newmark Grubb ACRES 2019. All Rights Reserved ACRES 2019. © Newmark Grubb 2018 Under Construction and Delivered Buildings – The Wasatch Front The Wasatch and Delivered Buildings – 2018 Under Construction INDUSTRIAL ZONING DISTRICTS WITHIN DISTRICTS ZONING 80 § ¨

DEVELOPMENT Source : Newmark Grubb Acres Grubb Newmark : Source INLAND PORT AUTHORITY LAND INLAND AUTHORITY PORT SALT LAKE OVERVIEW MARKET COUNTY SALT 310,479 SF 533,880 SF 457,320 SF 425,000 SF 634,260 SF 634,260 870,000 SF 2,400,500 SF Ace Industrial I ARA Building C ARA XR International UPS Regional Hub Quality Distribution Amazon Fulfillment Center

6398 West 700 South, Salt Lake City 6398 West 695 N John Glenn Rd, Salt Lake City

2499 South 6755 West, Salt Lake City West, 2499 South 6755 5420 W John Cannon Dr, Salt Lake City 5420 W John Cannon Dr, 5656 W John Cannon Dr, Salt Lake City 5656 W John Cannon Dr, 5544 W John Cannon Dr, Salt Lake City 5544 W John Cannon Dr, Boyer John Cannon Logistics Center 260 N Ace Yeager Court, Salt Lake City Yeager Ace 260 N Source : Salt Lake City Lake Salt : Source © Newmark Grubb ACRES 2019. All Rights Reserved Rights All 2019. ACRES Grubb Newmark © INDUSTRIAL 2018 Under Construction and Delivered Buildings – The Wasatch Front The Wasatch 2018 Under Construction and Delivered Buildings – INVESTMENT OFFERING INVESTMENT 80 § ¨

for warehousing and distribution centers. warehousing for airport. This connectivity puts the area at a high demand high a at area the puts connectivity This airport. freeways, freeways, major national railways, and an international Inland Port area sits at the intersection of two interstate two of intersection the at sits area Port Inland excellent excellent connectivity to the entire nation. The Utah Utah is known as the “Crossroads of the West” for its Source : Newmark Grubb Acres Grubb Newmark : Source EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL NEW HIGH SCHOOL

Colliers International 6440 S Millrock Dr | Suite 500 Salt Lake City, UT 84121 P: +1 801 947 8300 Return to TOC Return P. 24 P. INTERNATIONAL COLLIERS

// Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT

Construction is anticipated to begin fall of 2020. This is when site mitigation will of 2020. This to begin fall Construction is anticipated the site. Students will begin will be available at and when water be complete 2024. of fall the school beginning occupying The new Cyprus High School will be built at a new site at approximately 4100 School willThe new Cyprus High new site at approximately be built at a school’ of a ‘sister be will The new building essentially South and 84oo West. Cyprus will accommodate School, with a few exceptions. the new Skyline High few a soon) will have (coming plan the floor and student population, a larger variations. New Cyprus High School Cyprus High New INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL Return to TOC Return P. 25 P. INTERNATIONAL COLLIERS 3/4 mile // Magna, Utah Utah Magna, LAND // DEVELOPMENT APARTMENT The location is only ¾ mile from the subject property. from ¾ mile is only The location INVESTMENT OFFERING INVESTMENT

EXECUTIVE PROPERTY AREA MAPS DESIGNS & INLAND PORT NEW HIGH SUMMARY SUMMARY LAYOUT SCHOOL INVESTMENT OFFERING MEMORANDUM 7.25 ACRES | MAGNA APARTMENT LAND 3600 SOUTH 8400 WEST | MAGNA, UTAH 84070