7060 W. Sunset Boulevard

Los Angeles, CA 90028

BRANDON MICHAELS GROUP 1 INVESTMENT ADVISORS: BRANDON MICHAELS BRANDON Senior Managing Director Investments MICHAELS Director, National Retail Group GROUP Tel: (818) 212-2794 Fax: (818) 212-2710 [email protected] License: CA #01434685 www.BrandonMichaelsGroup.com

BEN BROWNSTEIN Investment Associate Director, National Retail Group Tel: (818) 212-2812 Fax: (818) 212-2710 [email protected] License: CA #02012808

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2016 Marcus & Millichap

2 TABLE OF CONTENTS

Executive Summary

Investment Highlights

Financials

Sales Comparables

Area Overview

3 HOLLYWOOD Capitol Records W Hotel

Hollywood Pantages Theatre

Dream Hotel

Mama Shelter

Loews Hotel

Egyptian Theatre Hollywood & Highland Hollywood Max Museum Dolby Theatre Ripley’s Believe It or Not! TCL Chinese Theatre Madame Tussauds Hollywood El Capitan Theatre

Hollywood Roosevelt N HIGHLAND AVENUE CVS | LA Fitness| DSW

We Work Hollywood Buffalo Wild Wings In-N-Out Burger

Live Nation

Sycamore Tavern Starbucks

SUNSET BOULEVARD N LA BREA AVENUE

4 W Hotel Hollywood Palladium Sunset + Vine

ArcLight Hollywood

CNN

Mama Shelter

N HIGHLAND AVENUE 7060 W. Sunset Boulevard Los Angeles, CA

5 OFFERING SUMMARY

ROSS DRESS FOR LESS EXECUTIVE SUMMARY

Marcus & Millichap has been selected to exclusively market for sale Ross 7060 W. SUNSET BOULEVARD Dress for Less, located at 7060 W. Sunset Boulevard on the southeast sig- LOS ANGELES, CA 90028 nalized corner of Sunset Boulevard and N. La Brea Avenue in the heart of Hollywood, California.

Ross Dress For Less is on a NNN lease that expires in January 2020, with two, five- year options remaining. Built in 1987, Ross occupies 27,168 SF situated on 57,230 SF of land. Ross is an S&P 500, Fortune 500 and Nasdaq 100 company and the largest discount apparel and home fashion chain in the United States. Ross has investment grade credit with a credit rating of A3 by Moody’s Investors Services. Ross offers an investor a secure and stable income with zero landlord management responsibility.

Ross is located next to multiple major retailers such as Subway, 7-Eleven, Star- bucks, and more. There is excellent parking available. Sunset Boulevard and N. La Brea Avenue are two major thoroughfares through Hollywood with over 84,000 vehicles a day at the intersection.

7060 W. Sunset Boulevard is located in Hollywood’s entertainment and tourist district, just half a mile away from the entertainment complex of Hollywood & Highland. Hollywood is the entertainment capital of the world with world-famous landmarks such as the Dolby Theatre and the Hollywood Walk of Fame. Hollywood has seen a tremendous revitalization over the last decade. An inﬂux of capital dedicated to the revitalization of Hollywood has attracted a new resident base of young urban dwellers. This new, hip client base has brought new restaurants, nightclubs, and retail opportunities to the area, making Hollywood one of the more desirable submarkets in the Los Angeles area.

Ross Dress for Less is an excellent opportunity for an investor and offers a stable and secure income stream with zero management responsibility. It is also a potential redevelopment opportunity due to its desirable location in Hollywood.

Hollywood & 6 Highland HOLLYWOOD BOULEVARD

PROPERTY INFORMATION LEASE INFORMATION N. LA BREA AVENUE

7060 W. Sunset Boulevard, Address Tenant Ross Dress For Less Los Angeles, CA 90028 Lease Start 1/23/1990 Sales Price $20,000,000 Lease Expire 1/31/2020 CAP Rate 3.57% Options Two, five year options remaining SUNSET BOULEVARD Year 2020 CAP Rate 3.86% Increases 8% every 5 years ROSS Price/SF $736.16 Lease Type NNN Bldg SF 27,168 SF Lot SF 57,230 SF (1.31 acres) Zoning LAC4

7 INVESTMENT HIGHLIGHTS

INVESTMENT GRADE CREDIT NNN LEASE IRREPLACEABLE HOLLYWOOD LOCATION

Ross Dress For Less is an S&P 500, Fortune 500, and Nas- Ross is located walking distance to Hollywood & Highland, the en- daq 100 company tertainment complex that is home to the Dolby Theatre and the heart of Hollywood’s entertainment district Ross is the largest discount chain in the United States with 1,409 locations Two Metro Red line stations in Hollywood that link Hollywood direct- ly to the rest of Los Angeles. Investment grade credit rating of A3 by Moody’s Excellent walkability - Walkscore of 96/100 on walkscore.com NNN lease with no management responsibility Tremendous revitalization in Hollywood over the past decade, 4.8 Lease expires in January of 2020 with two, five year options, billion dollars has been invested since 2000 by developers of multi- 8% increases every 5 years family, commercial, and hospitality

Irreplaceable location at the signalized Hollywood is a major destination for visitors and residents alike, ap- corner of N. La Brea Avenue and proximately 6.1 million visitors annually Sunset Boulevard with Creative businesses are taking root in Hollywood due to its access Excellent parking to the Metro, city life, and live/work spaces High daily traffic Hollywood’s major landmarks include Hollywood & High- counts with over land, El Capitan Theatre, TCL Chinese Theatre, Capitol 84,000 vehicles per Records Building day Hollywood is a place of continuing development as it currently has one billion dollars of projects under construction

8 TROPHY ASSET WITH STRONG INTRINSIC VALUE

Excellent frontage and visibility along West Sunset Boulevard, the main east-west arterial road through Hollywood Easy ingress and egress Proximate to West Hollywood, Downtown Los Angeles, Mid City, and the San Fernando Valley Unique opportunity in the epicenter of Hollywood with significant long-term growth potential

STRONG IMMEDIATE DEMOGRAPHICS

Average household Income of $97,802 within a three-mile radius Population of 933,092 within a five-mile radius Strong local economy with significant job growth over a multi- tude of diverse sectors

There has been tremendous revitalization in Hollywood over the past decade, 4.8 billion dollars has been invested since 2000 by multifamily, commercial, and hospitality developers. ” 9 PROPERTY OVERVIEW

ADDRESS ZONING 7060 W. Sunset Boulevard, Los Angeles, CA The zoning is LAC4. 90028

APN’S SITE The APN is 5548-017-039 The subject property is located on the signalized southeast corner of N. La Brea Avenue and Sun- set Boulevard. TRAFFIC COUNTS N. La Brea Avenue: 38,816 vehicles per day Sunset Boulevard: 45,990 vehicles per day SQUARE FOOTAGES Total: 84,806 vehicles per day The building square footage is 27,168 SF on 57,230 SF of land.

YEAR BUILT The property was built in 1987.

TENANT Ross Dress For Less

PARKING 117 free surface spaces are available. Ratio of 7.57/1,000 SF.

FRONTAGE AND ACCESS Approximately 126 feet of frontage on Sunset Boulevard and 120 feet on La Brea Avenue.

Plat Map 10 SUNSET BOULEVARD

N. LA BREA AVENUE

11 SoHo House Mondrian Chateau Marmont Santa Sunset Tower Runyon Canyon Monica The Laugh Factory

West Hollywood

Ralphs

Wendy’s

Burger King

N LA BREA AVENUE

Starbucks SUNSET BOULEVARD SUNSET

Days Inn

12 13 TENANT OVERVIEW

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 TENANT PROFILE (ROST) company headquartered in Dublin, California, with fiscal 2017 revenues of $14.1 billion. The Company operates Ross Dress for Less® (“Ross”), the largest off-price apparel and home Name Ross Inc. fashion chain in the United States with 1,409 locations in 37 Type Public states, the District of Columbia, and Guam at fiscal 2017 year Traded As Nasdaq: ROST end. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and Industry Retail specialty store regular prices every day. The Company also operates 213 dd’s DISCOUNTS® in 16 Headquarters Dublin, California states at the end of fiscal 2017 that feature a more moderately-priced assortment of first-quality, Revenue $12.9 billion in-season, name brand apparel, accessories, footwear, and home fashions for the entire family Number of Locations 1,412 stores at savings of 20% to 70% off moderate department and discount store regular prices every day. Website www.rossstores.com HIGHLIGHTS Credit Rating A3 by Moody’s • Fiscal 2017 revenues of $14.1 billion • Ross Dress for Less is the largest off-price appareal and home fashion chain the US with 1,412 stores • Ross operates 215 dd’s Discounts in 16 states

FORTUNE 500 STATISTICS • Ranked #219 in 2016, up from #237 in 2015 and $269 in 2014 • In 2016, ranked #6 out of 500 comapnies for total return to stockholds on a 10-year basis • Ranked #17 out of 500 companies on 10-year annual EPS growth rate

$12.9 $2.83 43% $915

12 13 14 15 16 12 13 14 15 16 12 13 14 15 16 12 13 14 15 16

TOTAL SALES EARNINGS RETURN ON AVERAGE CASH RETURNED ($ BILLIONS) PER SHARE STOCKHOLDERS’ EQUITY TO STOCKHOLDERS 14 ($ MILLIONS) Ross Dress For Less is a Fortune 500 company that operates 1,412 stores in the United States and 215 dd's Discounts stores. ”

15 FINANCIALS

LEASE MO. MO. RENT ANNUAL TENANT INCREASES ROSS LEASE ABSTRACT EXPIRE RENT PER SF RENT Tenant Ross Dress for Less Ross Dress 1/31/2020 $57,279 $2.11 $687,350 8% every 5 yrs Building SF 27,168 SF For Less

Lease Start 1//23/1990 Billboard 6/30/2021 $2,295 - $27,540 2% ann in July

Lease Expire 1/31/2020 Total - $59,574 - $714,890 - Original Lease Term 15 years

Rent/SF $2.11

Monthly Rent $57,279 INCOME AND EXPENSE CURRENT Net Operating Income $687,350 Scheduled Lease Income: $687,350 Other Income: Billboard $27,540 Lease Type NNN Net Operating Income: $714,890 Options Two, five year options remaining

Option Periods and Period Mo. Rent Annual Rents 2/1/20 - 1/31/25 $61,852.50 $742,230 PRICING 2/1/25 - 1/31/30 $66,810.67 $801,728 Sales Price $20,000,000 Current CAP Rate 3.57% Option Increases 8% every 5 years 2020 CAP Rate 3.86% 2025 CAP Rate 4.17%

16 Dave & Buster’s Guess Lucky Brand MAC Guess Sephora Shoe Palace Hard Rock Cafe Aldo Shoes Cabo Wabo California Pizza Cantina 101 HOLLYWOOD FWY Kitchen OHM Nightclub Forever 21 Dolby Theatre

CVS DSW Shoes Muji Vegas Seafood Buffet Subway LA Fitness

Egyptian Theatre

N. BREA LA AVENUE W. SUNSET BOULEVARD

7060 W. Sunset Boulevard 17 AREA OVERVIEW

Where creativity meets culture, a true urban experience.

HOLLYWOOD Hollywood has seen a tremendous revitalization over the last decade. An inﬂux of capital dedicated to the revitalization of Hollywood has attracted a new resident base of young urban dwellers. This new, hip client base has brought new restaurants, night clubs, and retail opportunities, making Hollywood one of the more desirable submarkets in the greater Los Angeles area. ” In the past decade, Hollywood has experienced significant gentrification and development, specifically along Hollywood Boulevard. Most notable is the Hollywood and Highland Center, which includes 75 retailers, several historic theatres along with night clubs, restaurants, movie theatre, and bowling lanes.

Nearly 84.2 percent of all Hollywood residents are currently renters. A significant por- tion of the population still falls into key renter age groups. Younger age cohorts are expected to post solid growth over the next several years, which bodes well for apartment owners.

Additionally, residents enjoy easy access to the 101 Freeway as well as a stop on the Metro Red Line. Beyond the city limits, residents can quickly travel South to Orange County and San Diego and North to Ventura and Santa Barbara.

$4.8B $2.2B INVESTED SINCE 2000 COMPLETED PROJECTS 18 ”

$2.2B COMPLETED PROJECTS 19 AREA OVERVIEW The cultural epicenter of the movie industry and an iconic destination for tourists, locals, and celebrities alike,

ENTERTAINMENT CAPITAL OF THE WORLD For millions of visitors, Hollywood is an essential part of the Los Angeles experience. Things to do in Hollywood include must-see shows and attractions, celebrity-frequented restaurants, and world class hotels. Experience Tinseltown glamour at TCL Chinese Theatre or the Hol- lywood Walk of Fame, which has honored celebrities for over 50 years. The state-of-the-art Dolby Theatre is home to the Academy Awards. Universal Studios Hollywood is ”a world famous theme park that includes the mind-blowing “Transformers: The Ride 3-D.” Other things to do in Hollywood include the shops and restaurants at Hollywood & Highland Center, or the delicious multicultural cuisines of nearby Thai Town and Little Armenia. Search for the best Hollywood hotels and start discovering the entertainment capital of the world.

Hollywood & Highland is the entertainment center of Los Angeles for tourists and locals alike. Steps away from landmarks like the world famous Walk of Fame and TCL Chinese Theatre, formerly Grauman’s, Hollywood & Highland is the perfect place for a Hollywood beginning. With world-class shopping and dining, red carpet movie premieres and celebrated live theatre it’s the ultimate entertainment destination

Steeped in Hollywood history, this iconic destination also features the Dolby Theatre, home of the Academy Awards® and over 70 brand-name retailers from Louis Vuitton, L’Occitane, Victo- ria’s Secret and MAC to quintessential California stores like GAP, Hot Topic, Oakley, Skechers and Lucky Brand Jeans. Visitors can enjoy 25 full-service and fast-casual restaurants such as The Grill on Hollywood, Hard Rock Cafe, Dave & Busters, Trastevere Ristorante, California Pizza Kitchen, Cabo Wabo Cantina, and nightlife at Lucky Strike Lanes and OHM Nightclub.

Destinations defining Hollywood’s style, eccentricity, and history including the Dolby The- atre, host to the academy awards. Live experiences and sought-after entertainment for the curious local or tourist. The Hollywood of yesteryear is memorialized and a new definition of Hollywood emerges. The entertainment capital of the world.

20 TCL CHINESE THEATRE DOLBY THEATRE EL CAPITAN THEATRE PANTAGES THEATRE ”

TCL Chinese Theatre - hosts many film pre- Dolby Theatre - is the crown jewel of the A legendary theatre, El Capitan Theatre Pantages Theatre is recognized for its art mieres. One of its attractions is the famous Hollywood & Highland Center. The 3,400 which hosts live stage shows, world pre- deco motif, and features Broadway musi- cement forecourt containing hand and seat theatre opened in November 2001 and mieres, and other special events cals, dance performances and concerts. footprints of numerous screen legends, in- soon thereafter became known to more cluding John Wayne, Marilyn Monroe, Judy than one billion people across the globe as Garland and Jack Nicholson, to name a few. the first permanent home of the Academy Awards HOLLYWOOD BOWL GRIFFITH OBSERVATORY FARMER’S MARKET AMOEBA MUSIC

A stunning Hollywood landmark where you Exhibits and live shows at the Samuel Os- Weekly farmers market with fresh produce A large and massive inventory of vinyls. can see your favorite musicians and bands chin Planetarium. Views of Los Angeles at and artisanal food products. in the outdoor amphitheater. the park. 21 AREA OVERVIEW

HOLLYWOOD’S CREATIVE HUB MAJOR EMPLOYERS NEARBY

Hollywood beneﬁts from its proximity to a wide variety of major employers. In the immediate area are Capitol Records, Paramount Pictures, Kaiser EMPLOYER EMPLOYEES Permanente, Hollywood Presbyterian Medical Center, Ticketmaster, Uni- AT&T 500 versal City Studios, Disney and Warner Bros. As such, residents have easy Church of Scientology 2,000 access to myriad jobs in the entertainment industry as well as the health Capitol Records 600 care sector. Additionally, Hollywood offers easy commutes to major nearby Color by Deluxe 626 employment hubs in Downtown Los Angeles, West Los Angeles, and the Paramount Pictures 1,700 San Fernando Valley. Kaiser Permanente Medical Center 3,000 Hollywood Presbyterian Medical 1,250 Hollywood has fostered a creative hub and grown its square footage of of- Fire Insurance Exchange 2,300 fice space to service new companies. Apprximately 700,000 square feet Los Angeles City College 1,800 of office space is under construction and over 1.2 million square feet are in Farmers Insurance 3,000 development. Guardian Eagle Security 500 Ticketmaster 1,300 Universal City Studios 2,000 Technicolor 600 Agile brands 1,000 Shell Oil 560 Disney 500

22 NOTABLE HOLLYWOOD COMPANIES OFFICE CONSTRUCTION

CAVIAR LA Caviar is an award-winning entertainment company in LA, London, Brussels, Paris + Amsterdam. Entertaining audiences, wherever they are. SUNSET GOWER STUDIOS Hollywood’s largest independent television and movie studio has 12 soundstages on a 14-acre facility. 2M

NEUEHOUSE SF OF OFFICE SPACE A hybrid coworking facility and social club aimed at enterprising creative professionals. CAPITOL RECORDS Since 1956, the landmark building has hosted West Coast operations for the top record label. 700,000 TRAILER PARK SF UNDER CONSTRUCTION Media and entertainment marketing powerhouse has 440 employees. J2 GLOBAL NASDAQ listed cloud services and digital media network company LIVE NATION An entertainemnt powerhouse WE WORK HOLLYWOOD 1.2M A collaborate co-working space and incubator for entrereneurial en- terprises. SF IN DEVELOPMENT VIACOM Viacom is a creative content hub across television, film, online and mobile platforms. Its most prominent names include BET, CENTRIC, 9,593 Nickelodeon, Nick Jr., TeenNick, Nicktoons, Nick at Nite, COMEDY CENTRAL, TV Land, SPIKE, Tr3s, Paramount Channel and VIVA. TOTAL DAYTIME EMPLOYEES

23 AREA OVERVIEW

PEDESTRIAN FRIENDLY NEIGHBORHOOD Hollywood is the premier pedestrian and transit-oriented neighborhood in 96/100 Los Angeles. The location is designated as a “Walker’s Paradise” with a “Walkability” score of 96 by WalkScore.com, which means daily errands do WALKER’S PARADISE: not require a car. Furthermore, the Metro Red Line has two stops in Hol- DAILY ERRANDS DO NOT lywood, the Hollywood/Highland station and the Hollywood/Vine station. REQUIRE A CAR

Beyond boasting Hollywood’s renowned landmarks such as the Dolby The- atre, Pantages Theatre and El Capitan Theatre, Hollywood is home to doz- ens of restaurants, world class retailers and museums. 7060 Sunset Boule- vard is within a few blocks of the following attractions:

HOLLYWOOD CULTURAL AMENITIES HOLLYWOOD RETAILERS TCL Chinese Theatre Walgreens El Capitan Theatre Target The Hollywood Bowl Trader Joe’s Hollywood Palladium Hollywood Farmer’s Dolby Theatre Market

RESTAURANT/NIGHTLIFE OPTIONS GROCERY STORES ArcLight Cinemas Trader Joe’s Redbury Hotel Food 4 Less W Hotel Gelson’s Market Roosevelt Hotel Pavilions Hard Rock Cafe 24 METRO RED LINE The Metro Red Line connects Downtown Los Angeles and North Hollywood via the districts of Hollywood and Mid-Wilshire. In North Hol- lywood it connects with the Orange Line (bus rapid transit) service for stations to the Warner Center in Woodland Hills and Chatsworth. It also connects to the Metro Purple Line, which reaches Koreatown and Midcity. At Union Sta- tion in downtown, passengers can reach West Los Angeles, Pasadena, San Fernando Valley, South Bay, and Long Beach.

HOLLYWOOD/HIGHLAND

0.5 MILES FROM SUBJECT PROPERTY

HOLLYWOOD/VINE

1.3 MLES FROM SUBJECT PROPERTY

25 AREA OVERVIEW

DEMOGRAPHICS Continued demand for residential properties is driven by local jobs, educational institu- tions and accessible public transit. Large mixed-use projects are serving residents who take advantage of Hollywood’s walk-friendly neighbors. A population increase of 68.6% is estimated for the years 2015 to 2020. Diverse mix with 37% of GenX adults (ages 30-49), 25% adult boommers (50-68), and 37% Gen Y (ages 18-29) adults

1 MILE 3 MILE 5 MILE 2016 Population 56,041 337,084 933,092 2016 Households 33,010 166,327 403,562 2016 Average HH Size 1.677300 1.981000 2.270800

2016 Daytime Population 69,815 366,433 941,726 2016 Owner Occupied Housing Units 11.8% 21.5% 22.9% 2016 Renter Occupied Housing Units 88.2% 78.5% 7 7.1% 2016 Vacant 2.8% 3.5% 3.7%

$ 0 - $ 14,999 20.0% 15.3% 15.0% $ 15,000 - $24,999 11.1% 10.7% 11.9% $ 25,000 - $34,999 9.7% 8.7% 10.0% $ 35,000 - $49,999 12.2% 11.3% 12.4% $ 50,000 - $74,999 16.7% 15.9% 15.8% $ 75,000 - $99,999 9.7% 10.4% 9.9% $100,000 - $124,999 6.6% 7.8% 7. 2% $125,000 - $149,999 3.7% 4.6% 4.1% $150,000 - $200,000 3.9% 5.5% 5.0% $200,000 to $249,999 2.0% 3.2% 2.8% $250,000 + 4.4% 6.8% 5.8%

Median HH Income $45,080 $55,976 $50,903 Per Capita Income $46,095 $48,612 $39,175 Average HH Income $77,522 $97,802 $89,930

26 $97,802 933,092 6.1 M

AVERAGE HH INCOME POPULATION WITHIN 5-M POPULATION WITHIN 5-M WITHIN 3-MLE RADIUS RADIUS RADIUS

200% 100% $4.8B

POPULATION INCREASE 2015-2020 INCREASED IN UNITS 2015-2020 TOTAL INVESTMENT

27 AREA OVERVIEW

DEVELOPMENT IN HOLLYWOOD

With recently completed, ongoing and planned developments that total approximately $7.4 billion, Hollywood is experiencing incredible residential, commercial, and infrastructure growth. The office market in the immediate area is strong, with companies such as Nickelode- on, Nielsen, BuzzFeed, OpenTable, Fender, Paramount Pictures, Live Nation, Capitol Records, CNN, and Viacom all currently having an office presence.

Netflix, the streaming movie and TV giant, plans to move its South- ern California operations from Beverly Hills to Hollywood by 2017 and expects to occupy 200,052 SF at the $200 million ICON complex at 5800 West Sunset Boulevard. The deal is the largest office lease signed in Hollywood to date in terms of square footage. In addition, new hotels are currently being developed including the Thompson Hollywood Hotel, a 12 story hotel including restaurant space and a rooftop lounge.

This development, as well as the many others either approved or currently under construction, will continue to drive educated profession- COLUMBIA SQUARE als to the area who are attracted to the “live/work/play” environment that Hollywood offers. Columbia Square, a mixed-use project, was recently completed and includes a 22-story residential tower, 200 apartment units, 100 extended-stay hotel units, 93,000 SF of office space, and 30,000 SF of retail and restaurant space. Current office tenants include Vi- acom and Neuehouse, a coworking space. The residential tower is called the The Proper and features luxury furnished and unfurnished residences that were designed by Kelly Wearstler.

28 EARL CARROLL THEATRES (NICKELODEON SITE) ACADEMY AQUARE Designed by Harley Ellis Devereaux, the seven-sto- Kilroy Realty is preparing to begin the development ry structure will hold 200 units (a mix of studios and named Academy Aquare. The project - slated for one- and two-bedroom apartments), and have ap- a city block bounded by Vine Street, Homewood, proximately 4,700 square feet of commercial space Ivar and De Longepre Avenues - would construct on the ground level along Sunset. The theater a series of high-rise and low-rise buildings fea- houses a Nickelodeon TV production studio and turing 250 apartments, 235,000 square feet of of- Essex is planning on restoring the facade. fice space and 37,000 square feet of ground-floor shops and restaurants. ICON Located on a prominent four-acre site at the north- HORIZON HOLLYWOOD east corner of the Sunset Bronson Studios lot, ICON The mixed-use development will include 10,000 is a 14-story, Class A office building and the new square feet of ground floor retail and eateries, plus home to Netflix’s Los Angeles headquarters. ICON a 9,300-square-foot pedestrian plaza. is situated in the heart of Hollywood, just one block west of the 101 Freeway and minutes from the Hol- lywood/Vine LA Metro Red Line station. The vertical campus features a striking design by Gensler Archi- tects and state-of-the-art building systems expected to achieve LEED Gold certification.

29 INVESTMENT ADVISORS:

BRANDON MICHAELS BEN BROWNSTEIN Senior Managing Director Investments Investment Associate Director, National Retail Group Director, National Retail Group Tel: (818) 212-2794 Tel: (818) 212-2812 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] License: CA #01434685 License: CA #02012808 www.BrandonMichaelsGroup.com

BRANDON MICHAELS GROUP