1000 Main Real Estate Services Proposal

1000 main Real Estate Services Proposal

EXCLUSIVELY PRESENTED TO

INVESCO REAL ESTATE

February 3, 2012 1000 MAIN February 3, 2012

Executive Summary

It is with confidence and resolve Transwestern submits our response to your request for proposal for management and leasing services for 1000 Main. We are poised to unleash an unusually powerful focus and intensity on this project designed to generate exceptional project performance and ultimately, superior returns to Invesco.

In the following written response, our team focuses on the underlying question - Why Transwestern? And, throughout our proposal, we will highlight several salient themes focused on creating value and enhancing the image of this iconic asset.

Large Project Sponsorship is our Heritage Our reputation was built on the successful sponsorship of large scale, marquee office projects such as Post Oak Central, Allen Center and Four Oaks Place in Houston. We invite comparison with any other firm on this point and we are prepared to highlight our success through compelling case studies where we can demonstrate the value we have created in partnership with owners like Invesco.

Reporting Excellence Leasing and operational excellence drive value, but we also win business through reporting excellence. We are proud to deliver tailored reporting to our clients, and our accounting and IT support teams differentiate us in the marketplace. Our accounting and property management teams are well-versed in Invesco’s Yardi Voyager system and will be ready to hit the ground running on this assignment.

Ownership Mentality The Transwestern Team works synergistically to create value through a focused, creative leasing strategy and best in class operational excellence. We call on the full resources of the firm to deliver exceptional results for our clients and our team is empowered to think and act like owners. In fact, we are “hard wired” with a mentality towards long term value creation and that mandate governs our daily stewardship of your world class property.

It is Personal Any company’s standards of performance are only as good as the people and the company that make the statements. All of us are fully aligned and committed to delivering the vast resources and unequaled personal and corporate relationships of Transwestern to the successful leasing and management of 1000 Main. Our relationship with and our word to Invesco have and will continue to stand the test of time.

This is Our Home For a real estate services company, there is something special about its headquarters city. Usually, relationships have existed longer, the root system is deeper, market knowledge is more comprehensive and success stories are greater in number. There is simply no commercial real estate services firm more qualified to do this particular job in this particular city than Transwestern.

Your level of attention to this process focuses the discussion in a manner that highlights the best of Transwestern - our people, our integrity, our expertise and the depth of our commitment.

We look forward to our verbal presentation. We are ready to go to work. TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL 1000 main

1000 MAIN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

PRESENTED TO William Brown, CPM®, CCIM Director, asset management invesco real estate

FEBRUARY 3, 2012

CONTENTS

Executive Summary 2 Table of Contents 3

Experience 5 Management 15 Leasing 27 Reporting 41 General 45 Fees 51 Evaluation of the Properties 55 About Transwestern 60

CONTACTS

Eric Anderson Steve Ash Executive Vice President Managing Senior Vice President 713.407.8704 Management Services [email protected] 713.270.3365 [email protected] Doug Little Executive Vice President/Managing Director 713.272.1284 [email protected]

Paul Wittorf Vice President 713.407.8709 [email protected] 3 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

EXPERIENCE

4 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Indicate the number of local personnel in management, leasing, support and other services. Office property management and leasing experience in Houston, include a breakdown, for both current management and leasing. List must be broken down between company owned and fee managed properties. List should include name of properties, client, square footage, value of assets, length of assignment and distance from as well as the degree of competition with subject property. Also list any new business that is currently being proposed.

LOCAL PERSONNEL With over 1750 team members in 31 markets across the U.S., Transwestern operates through six distinct functional lines of business - agency leasing, property and facility management, investment services, tenant advisory, development and research. A diversified operating company, Transwestern is active in the real estate service, development and investment management businesses. Our product specialties include office, industrial, retail, land, multifamily and healthcare.

In Houston, our team is comprised as follows:

Management – 160 Leasing – 101 Support – 50 Other services – 46

In 2011, Transwestern oversaw the leasing and management of 1,245 properties across the country, representing 258 million square feet - leased and managed combined. Within that same time period, the firm completed leasing, sales and finance transactions totaling $6.46 billion.

MANAGEMENT AND LEASING EXPERIENCE A complete list of Transwestern’s fee managed current management and leasing assignments in Houston are highlighted on the following pages. Currently, Transwestern does not have any company owned assets in Houston’s CBD

NEW BUSINESS As the premier real estate provider in Houston, Transwestern always has an ear to the ground for new business. Our team prides itself on staying current with changes and opportunities in the market. However, we are not currently pursuing any new business opportunities in Houston’s Central Business District that would conflict with the 1000 Main asset.

5 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Property Name Services Takeover Address City Zip Client Name Rent SF Date 251 Medical Center Blvd. Landlord Leasing 8/4/2006 251 Medical Center Blvd. Webster 77598 Cheyenne I Development Group, Ltd. 48,000

7007 North I-45 Landlord Leasing 8/19/2011 7007 North I-45 Houston 77076 Iron Creek Ventures, Inc. 85,510

Katy Green Medical Plaza I Landlord Leasing 5/3/2010 Tracts 66B & 66B-2 Katy Wile Interests 80,000

OakBend Doctors Center - Grand Landlord Leasing 11/1/2010 7830 W. Grand Parkway South Katy 77406 McShane Development Company 60,000 Parkway

OakBend Doctors Center - South- Landlord Leasing 11/1/2010 22001 Southwest Freeway Richmond 77469 McShane Development Company 49,585 west Freeway

One Fannin Landlord Leasing 10/9/2009 7400 Fannin Houston 77054 HCP, Inc 213,130

Park Plaza Professional Building Landlord Leasing 10/9/2009 1213 Hermann Drive Houston 77004 HCP, Inc 177,427

St. Joseph Professional Building Landlord Leasing 11/5/2003 2000 Crawford Houston 77002 Orix Capital Markets 135,586

Steeplechase Corner Professional Landlord Leasing 8/19/2011 11301 Fallbrook Houston 77076 Iron Creek Ventures, Inc. 85,510 Building

The Vintage at St. Luke’s Landlord Leasing 7/1/2010 20171 Chasewood Park Drive Houston 77070 St. Luke’s Episcopal Health System 39,069

1020 Holcombe Landlord Leasing, Management 12/1/2004 1020 Holcombe Houston 77030 Norvin Operating Corp 263,907

11321 Fallbrook Drive Landlord Leasing, Management 6/1/2011 11321 Fallbrook Drive Houston 77065 EBK-DA, LLC & EBKT-DA, LLC 16,000

7900 Fannin Landlord Leasing, Management 7/2/2010 7900 Fannin Houston 77054 Healthcare Trust of America, Inc. 175,923

Greenpark II Landlord Leasing, Management 5/1/1995 7505 South Main Houston 77002 Norvin Operating Corp 80,098

Health Center I & II Landlord Leasing, Management 11/4/2008 1111 & 1211 State Highway 6 Sugar Land 77478 Norvin Operating Corp 117,400

HTA-Cypress Station Landlord Leasing, Management 6/9/2011 1140 Cypress Station Houston 77090 Healthcare Trust of America, Inc. 52,040

HTA-Mountain PLains-TX Landlord Leasing, Management 6/9/2011 250 Blossum Street Webster 77598 Healthcare Trust of America, Inc. 109,603

HTA-Pearland Broadway Landlord Leasing, Management 6/9/2011 8619 Broadway Pearland 77584 Healthcare Trust of America, Inc. 19,680

HTA-Pearland Cullen Landlord Leasing, Management 6/9/2011 2950 Cullen Parkway Pearland 77584 Healthcare Trust of America, Inc. 35,015

HTA-Sugar Land Landlord Leasing, Management 6/9/2011 15400 Southwest Freeway Sugar Land 77478 Healthcare Trust of America, Inc. 60,334

Kingsland Medical Plaza Landlord Leasing, Management 9/20/2007 777 Fry Road Katy 77450 Norvin Operating Corp 28,596

Memorial City Garage 5 Retail Landlord Leasing, Management 10/1/2011 929-B Gessner Houston 77024 Memorial Hermann Hospital System 35,020

Memorial City Medical Plaza Landlord Leasing, Management 10/1/2011 920 Frostwood Houston 77024 Memorial Hermann Hospital System 255,534 North

Memorial Hermann Medical Landlord Leasing, Management 10/1/2010 902 Frostwood Houston 77024 Memorial Hermann Hospital System 211,662 Plaza 1

Memorial Hermann Medical Landlord Leasing, Management 10/1/2010 915 Gessner Houston 77024 Memorial Hermann Hospital System 216,792 Plaza 3

Memorial Hermann Medical Landlord Leasing, Management 10/1/2010 925 Gessner Houston 77024 Memorial Hermann Hospital System 146,317 Plaza 4

Memorial Hermann System Landlord Leasing, Management 10/1/2010 909 Frostwood Houston 77024 Memorial Hermann Hospital System 164,823 Services Bldg.

Memorial Hermann Tower Landlord Leasing, Management 10/1/2011 929 Gessner Houston 77027 Memorial Hermann Hospital System 262,937

1201 Dairy Ashford Management 2/15/2010 1201 Dairy Ashford Houston 77079 Medistar Dairy Ashford Professional 58,001 Bldg., LLC

6620 Main Management 11/1/2006 6620 Main Houston 77030 St. Luke’s Episcopal Health System 210,000

Medical Arts Center I Management 11/1/2006 17198 St. Luke’s Way The Woodlands 77384 St. Luke’s Episcopal Health System 90,000

St. Luke’s Medical Tower Management 11/1/2006 6624 Fannin Houston 77030 St. Luke’s Episcopal Health System 450,000 (O’Quinn)

St. Lukes Sugar Land Hospital Management 2/15/2010 1327 Lake Pointe Parkway Sugar Land 77478 St. Luke’s Episcopal Health System 120,596 MOB

7171 Grand Landlord Leasing 3/1/2011 7171 Grand Houston 77027 Rockspring Capital 85,000

Mainpark Distribution Landlord Leasing 4/1/2001 3639,3643,3647,3651 Houston 77027 Cabot 411,726 Willowbend

Mainpark Service Center Landlord Leasing 4/1/2001 3605,3615,3625 Willowbend Houston 77027 Cabot 241,807

Sugar Land Southwest Business Landlord Leasing 2/15/2010 12300 Dairy Ashford Sugar Land 77478 Cabot 341,180 Center

10410 Papalote Landlord Leasing, Management 1/1/1993 10410 Papalote Houston 77041 TIAA CREF 253,244

14902 Sommermeyer Landlord Leasing, Management 1/1/1993 14902 Sommermeyer Houston 77041 TIAA CREF 264,461

16230 Port Northwest (Carrier) Landlord Leasing, Management 8/5/2005 16230 Port Northwest Houston 77041 TIAA 131,620

3727 Greenbriar Landlord Leasing, Management 3/29/2007 3727 Greenbriar Stafford Mountain West Management 73,567

7100 Business Park Landlord Leasing, Management 12/24/2004 7100 Business Park Drive Houston Invesco Real Estate 216,000 77041

8100 Westpark Landlord Leasing, Management 3/29/2007 8100 Westpark Houston Mountain West Management 74,462

Beltway Northwest Landlord Leasing, Management 11/18/2005 4100-4500 N. Sam Houston Houston 77086 Clarion Lion Properties Fund Hold- 299,025 Pakwy ings, LP

Clara Road Landlord Leasing, Management 1/1/1993 6450 Clara Houston 77041 TIAA CREF 237,926

6 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Property Name Services Takeover Address City Zip Client Name Rent SF Date Clay Crossing I & II Landlord Leasing, Management 12/1/2001 4333 W. Sam Houston Pkwy Houston Koll Bren Schreiber Realty Advisors 222,750 77043

Clay Distribution Landlord Leasing, Management 12/1/2000 Clay at Holister Houston Morgan Stanley 207,960 77041

Claymoore 3 Landlord Leasing, Management 1/1/2000 3550 Brittmoore Houston 77027 Invesco Real Estate 270,000

Claymoore I & II Landlord Leasing, Management 8/26/1999 Sam Houston Tollway & Houston 77043 Invesco Real Estate 742,250 Clay Rd

Colony Crossing Landlord Leasing, Management 1/15/2008 10207-10215 S. Sam Houston Houston Mountain West Management 149,735 Par

Eastport 8 Landlord Leasing, Management 8/1/1997 9830-9838 E. Freeway Houston 77028 St Paul Properties, Inc. 219,243

Eastwood 1 Landlord Leasing, Management 8/1/1997 4400-4700 Eastpark Drive Houston 77028 St Paul Properties, Inc. 155,796

Eastwood 3 Landlord Leasing, Management 8/1/1997 4320 Eastpark Drive Houston 77028 St Paul Properties, Inc. 50,000

Eastwood 4 Landlord Leasing, Management 8/1/1997 4411 Darien Houston 77028 St Paul Properties, Inc. 157,500

Harwin Point West Landlord Leasing, Management 5/3/2011 10161, 10165 & 10175 Harwin Houston 77036 C-III Capital Partners 145,765 Dr

Hempstead Highway Dist Ctr-2 Landlord Leasing, Management 4/1/2003 11850 Hempstead Hwy. #2 Houston 77092 TIAA CREF 153,248

Hempstead Highway Dist Ctr.-1 Landlord Leasing, Management 4/1/2003 11850 Hempstead Hwy. #1 Houston 77092 TIAA CREF 137,184

Kent H. Landsberg Building Landlord Leasing, Management 6/20/2007 10000 W. Sam Houston Houston 77064 St Paul Properties, Inc. 150,000 Pkway N.

Kirby Business Center Landlord Leasing, Management 7/1/2004 9400-9494 Kirby Drive Houston TA Associates Realty 114,977 77054

Lonestar 3 Landlord Leasing, Management 8/1/1997 6313 Brookhill Drive Houston 77087 St Paul Properties, Inc. 123,536

Marathon 225 Industrial Park Landlord Leasing, Management 2/28/2006 Highway 225 and South Street Pasadena 77503 ING Realty Partners 697,000 (Phase 1)

North Freeway 3 Landlord Leasing, Management 8/1/1997 4555 Airline Drive Houston 77022 St Paul Properties, Inc. 160,360

Northwest Crossing Phase 1 Landlord Leasing, Management 4/1/2003 7354 Denny Road Houston 77040 TIAA CREF 55,230

Northwest Crossing Phase I- Landlord Leasing, Management 4/1/2003 7350 Denny Road Houston 77040 TIAA CREF 92,400 Denny Road

Northwest Eight Business Center Landlord Leasing, Management 7/29/2005 6359-6360 West Sam Houston Houston 77040 Morgan Stanley 141,264

Park 288 Landlord Leasing, Management 4/3/2007 2710, 2720, 2730 Reed Rd Houston 77051 Park 288 Industrial, LLC 268,425

Park Place 8 Landlord Leasing, Management 9/25/2008 5353/5373/5355/5365 Houston 77041 The Koll Company 250,894

Pine Forest 18 Landlord Leasing, Management 8/1/1997 552-598 Garden Oaks Blvd. Houston 77018 St Paul Properties, Inc. 192,430

Pinehill / Pineway Service Cen Landlord Leasing, Management 7/9/1999 9000 Clay-9009 Pinehill Lane Houston 77080 Koll Bren Schreiber Realty Advisors 140,936 (Koll)

Pineway 1 Landlord Leasing, Management 8/1/1997 4601 S. Pinemont Drive Houston 77041 St Paul Properties, Inc. 67,180

Port Northwest (REI 6675) Landlord Leasing, Management 6/13/2008 16255 Port Northwest Drive Houston 77041 TIAA CREF 269,750 (16255/7200)

Port Northwest Phase I Landlord Leasing, Management 1/1/2004 16240 Port Northwest Drive Houston 77041 TIAA 261,990

Port Northwest Phase I Landlord Leasing, Management 4/1/2003 7220 Golden Gate Drive Houston 77041 TIAA CREF 106,395

Port Northwest Phase I-Port NW Landlord Leasing, Management 4/1/2003 16250 Port North West Drive Houston 77041 TIAA CREF 261,990 Drive

Post Oak 3 Landlord Leasing, Management 8/1/1997 1203-1213 Post Oak Road Houston 77055 St Paul Properties, Inc. 99,840

Post Oak 4 Landlord Leasing, Management 8/1/1997 1215-1221 Post Oak Road Houston 77055 St Paul Properties, Inc. 91,040

Rockley Landlord Leasing, Management 3/29/2007 10610 - 10628 Rockley Houston Mountain West Management 58,248

Sam Houston Center Landlord Leasing, Management 5/31/2001 9650 & 9900 Sam Houston Houston 77064 St Paul Properties, Inc. 222,991 Center

Southwest Business Park Landlord Leasing, Management 3/29/2007 10325-10425 Landsbury Dr. Houston Mountain West Management 131,000

UH Energy Research Park Landlord Leasing, Management 8/12/2009 5000 Gulf Freeway, Bldg. 7 Houston 77022 University of Houston 682,877

West 11th Landlord Leasing, Management 8/1/1997 3800-3898 W. 11th Street Houston 77008 St Paul Properties, Inc. 106,725

West by Northwest Landlord Leasing, Management 1/1/1999 6315 N by NW Blvd. Houston 77040 Invesco Real Estate 378,900

West by Northwest Ind. Park-3 Landlord Leasing, Management 4/1/2003 15002 Sommermeyer Houston 77041 TIAA CREF 53,565

West by Northwest Industrial Park Landlord Leasing, Management 4/1/2003 15150 Sommermeyer Houston 77041 TIAA CREF 36,450

West by Northwest Industrial Landlord Leasing, Management 4/1/2003 15102 Sommermeyer Houston 77041 TIAA CREF 66,000 Park-2

Westport Business Center 5-11 Landlord Leasing, Management 7/9/1999 6611-6801, 6975 Westport Houston 77024 Koll Bren Schreiber Realty Advisors 176,864

Westway Business Center Landlord Leasing, Management 7/9/1999 10700 Hammerly Houston 77043 Koll Bren Schreiber Realty Advisors 62,210

Windfern 290 Landlord Leasing, Management 9/17/2001 6316 - 6399 Windfern Road Houston 77041 Morgan Stanley 351,451

Windsor at Legacy Park Landlord Leasing, Management 5/15/2007 10910 & 10920 W. Houston Windsor at Legacy Park 91,451

Mykawa 2 Management 8/1/1997 7110-7198 Mykawa Road Houston 77033 United Parcel Service, Inc. 171,935

100 Waugh Landlord Leasing 7/1/2007 100 Waugh Drive Houston 77007 Lionstone Group 118,666

7 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Property Name Services Takeover Address City Zip Client Name Rent SF Date 10565 Katy Freeway Landlord Leasing 3/23/2011 10565 Katy Freeway Houston 77024 T&C Office Towers, L.P. 59,349

10575 Katy Freeway Landlord Leasing 3/23/2011 10575 Katy Freeway Houston 77024 T&C Office Towers, L.P. 58,000

1160 Dairy Ashford Landlord Leasing 3/1/2005 1160 Dairy Ashford Houston 77079 BGK Texas 113,289

11811 North Freeway Landlord Leasing 11/1/2011 11811 North Freeway Houston 77060 Hartman Income REIT Property Hold- 156,362 ings, LLC

1401 Enclave Parkway Landlord Leasing 1/31/2001 1401 Enclave Parkway Houston 77077 Lincoln National Life Insurance 207,535 Company

14525 FM 529 Landlord Leasing 1/15/2009 14525 FM 529 Houston 77095 14525 FM 529 - A Texas Joint Venture 13,000

1701 South Shepherd Landlord Leasing 3/23/2011 1703 South Shepherd Houston 77019 BPMT, LLC 3,851

2200 West Loop South Landlord Leasing 9/27/2010 2200 West Loop South Houston 77056 KBS Realty Advisors 201,720

25025 N I-45 Freeway Landlord Leasing 12/1/2009 25025 N I-45 Freeway The Woodlands 77380 Zenith Real Estate Group 121,074

255 Northpoint Landlord Leasing 3/1/2004 255 Northpoint Houston 77060 Old Vine Corporation 37,783

3100 Edloe Landlord Leasing 6/4/2010 3100 Edloe Houston 77098 Danny Klaes 23,000

3330 Audley Landlord Leasing 6/4/2010 3330 Audley Street Houston 77098 Danny Klaes 22,352

3405 Edloe Landlord Leasing 3/23/2011 3405 Edloe Houston 77024 Sanders Realty Group, Ltd. 29,123

3435 Branard Landlord Leasing 6/4/2010 3435 Branard Houston 77098 Danny Klaes 9,568

555 Gemini Landlord Leasing 9/1/2002 555 Gemini Houston 77058 BGK Texas 124,908

5757 Woodway Landlord Leasing 2/16/2010 5757 Woodway Houston 77057 Coast Range Investments 162,188

6605 Cypresswood Landlord Leasing 3/1/2010 6605 Cypresswood Houston 77070 Coventry 48,000

908 Town & Country Landlord Leasing 3/23/2011 908 Town & Country Houston 77024 T&C Office Towers, L.P. 85,652

Ashford IV Landlord Leasing 3/1/2005 14811 St. Mary’s Lane Houston 77079 BGK Texas 57,311

Compass Bank Woodlands (25211 Landlord Leasing 12/1/2010 25211 Grogans Mill The Woodlands 77380 Zenith Real Estate Group 77,660 Grogans)

Compass Bank Woodlands (25227 Landlord Leasing 12/1/2010 25227 Grogans Mill The Woodlands 75380 Zenith Real Estate Group 36,000 Grogans)

Interwood Landlord Leasing 2/1/2009 15109 Heathrow Forest Houston 77032 Urban Companies 63,594 Parkway

Kingwood Place I-IV Landlord Leasing 8/21/1997 600, 700, 800 & 900 Rock Kingwood 77339 BGK Texas 198,952 Mead

Loop Central Landlord Leasing 12/19/2011 4828,4848,4888 Loop Central Houston 77081 Behringer Harvard, LLC 574,977

NewQuest Office Park Landlord Leasing 2/1/2008 8727, 8807, 8827, 8847 Houston 77040 NewQuest Properties 156,150

Northbelt Atrim II Landlord Leasing 11/1/2011 15355 Vantage Parkway W Houston 77060 Hartman Income REIT Property Hold- 106,677 ings, LLC

Northbelt Atrium I Landlord Leasing 11/1/2011 15311 Vantage Parkway W Houston 77060 Hartman Income REIT Property Hold- 118,461 ings, LLC

Northeast Professional Plaza Landlord Leasing 10/11/2010 19411 McKay Drive Humble 77338 Bhat, Kris 24,955 (19411 McKay)

One City Centre Landlord Leasing 2/1/2007 1021 Main Street Houston 77002 Behringer Harvard, LLC 594,595

One Park Ten Place Landlord Leasing 10/1/2010 16365 Park Ten Place Houston 77084 KBS Realty Advisors 30,877

One, Two and Three Greenspoint Landlord Leasing 2/1/2011 16701, 16800 & 16801 Houston 77060 RMC Greenspoint 259,941 Park

Paragon Center Landlord Leasing 6/6/1997 450 Gears Road Houston 77067 BGK Texas 180,278

Pearland Town Center Landlord Leasing 9/1/2009 11200 Broadway Pearland 77584 CBL Properties 56,642

Richmond Centre Landlord Leasing 12/1/2010 10550 Richmond Houston 77042 Zenith Real Estate Group 92,279

Two Park Ten Place Landlord Leasing 1/1/1999 16300 Katy Freeway Houston 77094 KBS Realty Advisors 57,119

1322 Space Park Landlord Leasing, Management 2/1/2011 1322 Space Park Houston 77058 Berkadia Financial 120,715

1800 West Loop Landlord Leasing, Management 10/30/2006 1800 West Loop South Houston 77027 Pearlmark Real Estate Partners 399,687

20 East Greenway Plaza Landlord Leasing, Management 9/19/2005 20 East Greenway Plaza Houston 77046 Principal Real Estate Investors 465,649

21 Waterway Landlord Leasing, Management 1/1/2007 21 Waterway Avenue The Woodlands 77380 Sarofim Realty Advisors 99,548

2100 Space Park Landlord Leasing, Management 1/1/2012 2100 Space Park Drive Houston 77058 BLW Interests, LP 241,592

2200 Space Park Landlord Leasing, Management 1/1/2012 2200 Space Park Drive Houston 77058 JLW Real Estate, Ltd. 99,337

3D/International Tower Landlord Leasing, Management 1/16/1999 1900 West Loop South Houston 77027 Lowe Enterprises Real Estate Group 406,415 - West

6565 & 6575 West Loop South Landlord Leasing, Management 4/1/2003 6565 West Loop South Bellaire 77401 Chase Merritt Management, Inc. 313,370

777 Post Oak Landlord Leasing, Management 1/1/2010 777 Post Oak Blvd. Houston 77056 RREEF - (Central, Gulf Coast, Central 176,776 Texas)

9235 Katy Freeway Landlord Leasing, Management 9/1/2009 9235 Katy Freeway Houston 77024 C. A. Walker 33,066

950 Echo Lane Landlord Leasing, Management 1/1/2003 950 Echo Lane Houston 77024 Barney Properties Company, a Texas 59,245 Corp.

8 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Property Name Services Takeover Address City Zip Client Name Rent SF Date 952 Echo Lane Landlord Leasing, Management 1/1/2003 952 Echo Lane Houston 77024 Barney Properties Company, a Texas 128,167 Corp.

Copperfield Financial Center Landlord Leasing, Management 6/10/2005 15840 FM 529 Houston 77095 Copperfield Timbercreek Atrium 42,621

Eldridge Oaks Landlord Leasing, Management 11/1/2007 1080 Eldridge Parkway Houston Cornerstone 350,000 77077

Four Chasewood Landlord Leasing, Management 6/1/2007 20329 SH 249 Houston 77070 Genesis Capital Partners XVII, LP 105,223

Four Oaks Place Landlord Leasing, Management 11/1/2004 1300,1330,1360 & 1400 Post Houston 77056 TIAA 1,736,345 Oak

Galleria Plaza-Four Corners 5333 Landlord Leasing, Management 1/16/1999 5333 & 5251 Westheimer Houston 77056 Chase Merritt Management, Inc. 424,393 & 5251Wsthmr 2520

Gemini Plaza Landlord Leasing, Management 10/17/2011 1150 Gemini Houston 77058 C-III Capital Partners 158,760

Heritage Park - 390 Benmar Landlord Leasing, Management 8/7/2006 390 Benmar Houston 77060 1001 McKinney Venture, L.P. 104,480

Houston Pavillions Landlord Leasing, Management 5/24/2007 1200 Fannin Street Houston 77002 Mark Fowler, Receiver for Houston 555,873 Pavilions

Northpoint Central Landlord Leasing, Management 6/11/2004 2 Northpoint Drive Houston 77060 Behringer Harvard Northpoint, LP 180,006

One Chasewood Landlord Leasing, Management 3/1/2001 20333 Hwy. 249 Houston 77070 Gen Cap Partners LP 109,090

One Northwind Plaza Landlord Leasing, Management 4/21/2000 7600 W. Tidwell Houston 77040 Investors Warranty of America (Aegon 141,323 USA)

Pennzoil Place Landlord Leasing, Management 5/1/2009 711 Lousiana Houston 77027 Houston Pennzoil Place L.P. 1,342,277

Portofino Tech Center Landlord Leasing, Management 8/5/2008 19241 David Memorial Drive Shenandoah 77385 Henry D. Vara and Brian Wallace 87,560

River Oaks Green Landlord Leasing, Management 12/23/1992 3131 Eastside Houston 77098 Killiam Development Corp. 103,480

Ten Plaza West - 15915 Katy Landlord Leasing, Management 4/24/1998 15915 Katy Freeway Houston 77094 Ten Plaza West LLC 104,337 Freeway

Three Chasewood Landlord Leasing, Management 3/1/2001 20445 Hwy. 249 Houston 77070 Gen Cap Partners LP 97,552

Three Weiman Center Landlord Leasing, Management 2/15/2007 14531 FM 529 Houston 77095 M & A Limited 23,183

Timbercreek Atrium Landlord Leasing, Management 6/10/2005 5870 Highway 6 North Houston 77084 Copperfield Timbercreek Atrium 51,820

Two Chasewood Landlord Leasing, Management 3/1/2001 20405 Hwy. 249 Houston 77070 Gen Cap Partners LP 153,224

Two Westlake Plaza Landlord Leasing, Management 2/25/2011 580 Westlake Park Houston 77079 KBS Realty Advisors 388,142

Westchase Park Landlord Leasing, Management 6/1/2009 3700 W. Sam Houston Pkwy Houston 77042 Simmons Vedder & Company 272,297 So.

1300 Main Management 8/17/2011 1300 Main Houston 77002 Energy Transfer Company 507,470

2000 St. James Management 5/4/2010 2000 St. James Houston 77056 Core Real Estate, LLC 335,000

3411 Richmond Building Management 11/1/2005 3411 Richmond Avenue Houston 77046 DIN/CAL Office, LP 84,000

3700 Bay Area Blvd. Management 9/29/2004 3700 Bay Area Blvd. Houston 77058 Boeing 399,008

4800 San Felipe Management 3/1/2011 4800 San Felipe Houston 77027 Texas United Management Co. 51,314

5301 Hollister Management 4/11/2005 5301 Hollister Housotn 77040 MLCV Hollister 66,034

Lincoln Park Ten Management 7/20/2001 15810 Park Ten Place Houston 77084 Rainier Asset Management Company, 85,005 LLC

Northwest One Management 7/17/2006 13100 Northwest Freeway Houston 77092 Fausset Neely, Inc. 126,802

Northwest Plaza Management 4/11/2005 5500 Northwest Central Houston 77040 MLCV NWC LP 66,313

Oak Park Office Center Management 4/1/2006 5850 Rogerdale Road Houston 77072 LNR Partners, Inc. 173,400

Regency Center Management 9/13/2007 2901 Wilcrest Houston 77042 Soluxe International USA, LLC 157,412

Venture Tech 8 - Rainier Asset Management 9/1/2006 8703 Technology Forest The Woodlands 77360 Rainier Asset Management Company, 70,212 Mgmt. LLC

Westbridge One Management 7/1/2003 10260 Westheimer Houston 77042 Mosing Properties 130,000

Woodlands 45 Corporate Center Management 3/1/2009 24624 Interstate 45 North Spring 77386 Metro Commercial Properties 63,374

10200 Grogan’s Mill Road Landlord Leasing 3/1/2005 10200 Grogan’s Mill Road The Woodlands 77380 BGK Texas 77,951

1111 North Loop West Landlord Leasing 3/1/2005 1111 North Loop West Houston 77008 BGK Texas 219,799

1800 Bering Landlord Leasing 8/25/2004 1800 Bering Houston 77057 Coast Range Investments 168,956

2627 Chestnut Ridge Landlord Leasing 6/20/2007 2627 Chestnut Ridge Drive Houston 77339 2627 Chestnut Ridge, LLC 30,800

Creekridge II Landlord Leasing 12/1/2007 140 Cypress Station Drive Houston 77090 BGK Texas 159,078

Cypress Court Landlord Leasing 3/1/2005 110 Cypress Station Drive Houston 77090 BGK Texas 100,352

Decorative Center of Houston Landlord Leasing 12/20/2006 5120 Woodway Houston 77056 Decorative Center of Houston, LP 675,000

Diamond Offshore Building Landlord Leasing 12/15/2003 15415 Katy Freeway Houston 77094 Diamond Offshore Development 165,600 Company

Kurland Building Landlord Leasing 12/15/2005 12301 Kurland Street Houston 77034 Capital Commercial Investments, Inc. 257,958

North Loop Center I Landlord Leasing 3/1/2005 1235 North Loop West Houston 77008 BGK Texas 219,799

Raython Building Landlord Leasing 10/1/2001 2224 Bay Area Blvd. Houston 77058 BGK Texas 145,095

The Esperson Building Landlord Leasing 9/24/1998 808 Travis Houston 77002 Seligman 599,107

The Woodstead Building Landlord Leasing 3/1/2005 1610 Woodstead Ct. The Woodlands 77380 BGK Texas 71,996

9 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

List all assignments that your firm has resigned from and/or been terminated from during the past three years in Houston as well as the reason.

ASSIGNMENT HISTORY INCLUDING ALL TRANSITIONS

Property Name Services Takeover Date Loss Date City Client Name Rent SF 4101 Greenbriar Landlord Leasing 12/1/2004 12/31/2010 Houston Weil Dev Co 58,872

Willowbrook Medical Center Landlord Leasing, Management 7/6/2010 5/31/2011 Houston MidFirst Bank 26,650

Equator Plaza Landlord Leasing, Management 6/2/2009 7/7/2009 Houston General Electric Capital Corporation 29,246

Sugarland Business Park Landlord Leasing, Management 8/1/2001 11/30/2010 Sugar Land Cobalt Capital Partners 315,831

Park Ten Business Center Landlord Leasing, Management 9/1/2006 4/30/2011 Houston Rainier Asset Management Company, LLC 115,200

Sam Houston Tech Center Management 4/26/2007 7/31/2009 Houston TIC Properties Management 57,315

Beltway Antoine Business Center Management 11/13/2007 3/31/2010 Houston Mountain West Management 203,408

Beltway Antoine Business Center-Phase II Management 1/1/2009 3/31/2010 Houston Mountain West Management 180,016

Greens Crossing IV Management 6/18/2010 12/7/2011 Houston Sun Life of Canada 227,800

Northcross I Landlord Leasing 11/5/2004 10/14/2009 Houston BGK Texas 77,112

Northcross III Landlord Leasing 11/5/2004 10/14/2009 Houston BGK Texas 310,368

Northwest Crossing Atrium II Landlord Leasing 11/5/2004 10/14/2009 Houston BGK Texas 135,187

6001 Savoy Drive Landlord Leasing 4/22/2002 10/16/2009 Houston BGK Texas 120,263

Alpheus Data Park Landlord Leasing 9/30/2008 12/31/2009 Houston Silver Street Holdings, LLP 342,720

One Northwest Centre Landlord Leasing 6/20/1994 12/31/2009 Houston BGK Texas 150,465

The Meadowglen Building Landlord Leasing 12/23/2004 1/15/2010 Houston Richfield Investment Corporation 47,238

West 8 Tower Landlord Leasing 12/23/2004 1/15/2010 Houston Richfield Investment Corporation 261,477

12621 Featherwood Landlord Leasing 6/27/1997 7/31/2010 Houston BGK Texas 88,811

James Plaza One Landlord Leasing 3/1/2005 7/31/2010 Houston BGK Texas 42,247

Chase Bank Building Landlord Leasing 2/17/2003 8/31/2010 Houston FMB Management Group LLc 126,323

Travis Tower Landlord Leasing 2/1/2009 12/24/2010 Houston Behringer Harvard, LLC 507,407

Briarhills One Landlord Leasing 7/24/1998 12/31/2010 Houston IDS Realty Group 95,964

The Offices at Pin Oak Park Landlord Leasing 10/1/2009 12/31/2010 Bellaire McCord Development 514,655

Westwood Plaza Landlord Leasing 7/15/2005 12/31/2010 Houston BGK Texas 111,292

Timmons Place Landlord Leasing 4/13/2007 1/1/2011 Houston Lionstone Group 49,081

Timmons Square Landlord Leasing 4/13/2007 1/1/2011 Houston Lionstone Group 30,772

Torrey Chase Landlord Leasing, Management 2/1/2009 6/2/2009 Houston Rainier Asset Management Company, LLC 192,045

Kirkwood Atrium Office Park III Landlord Leasing, Management 10/6/2006 7/17/2009 Houston Equastone Real Estate Advisors 280,435

Centre at Cypress Creek Landlord Leasing, Management 7/19/2007 9/2/2009 Houston Cypress Creek Center LP 452,800

2550 North Loop West Landlord Leasing, Management 10/16/1997 12/22/2009 Houston Capmark Finance Inc. 154,075

919 Milam Landlord Leasing, Management 8/28/2007 10/27/2010 Houston PNC Realty Advisors 542,919

2603 Augusta Landlord Leasing, Management 9/13/2007 6/30/2011 Houston Behringer Harvard Northpoint, LP 242,382

Regent’s Park Landlord Leasing, Management 9/1/2006 7/31/2011 Beaumont Rainier Asset Management Company, LLC 81,423

Westway II & III Landlord Leasing, Management 3/3/2008 9/28/2011 Houston Dienna Nelson Augustine Company 424,183

TCB - Richmond / Sage Landlord Leasing, Management 5/1/1997 9/30/2011 Houston Keppel Houston Group 286,773

13700 Veterans Memorial Drive Management 5/27/2005 1/31/2009 Houston DDRS 67,825

14425 Torrey Chase Management 5/27/2005 1/31/2009 Houston DDRS 54,444

14505 Torrey Chase Management 5/27/2005 1/31/2009 Houston DDRS 67,002

Covington Building Management 9/1/2006 1/31/2009 Covington DDRS 6,803

Plaquemine NE SSA Management 9/1/2006 1/31/2009 Plaquemine DDRS 6,315

Sherwood Plaza Management 9/1/2006 1/31/2009 Baton Rouge DDRS 75,482

Riverstone Medical Center Management 12/28/2006 5/29/2009 Shenandoah Thompson National Properties 60,127

Woodlands Medical Center - Thompson Management 2/26/2007 5/29/2009 Houston Thompson National Properties 48,750 Natl.

Lake Charles Federal Courthouse Management 9/1/2006 7/31/2009 Lake Charles TIC Properties Management 48,825

Atascocita Professional Plaza Management 10/1/2009 4/30/2010 Humble United Partners Group LLC 36,124

10700 North Freeway Management 6/1/2007 5/3/2010 Houston Houston 333-10700 Investment Group, LLC 181,633

333 North Sam Houston Parkway East Management 6/1/2007 5/3/2010 Houston Houston 333-10700 Investment Group, LLC 205,645

6150 Richmond Management 8/30/2010 11/1/2010 Houston Bank At First, NA 36,838

Timmons III Management 7/2/2007 1/1/2011 Houston Lionstone Group 5,196

Exxon Mobil Building (13402 N Fwy) Management 4/28/2008 5/1/2011 Houston HDG Mansur Investment EM Houston 131,408 Project Co

Marathon Oil Tower Management 12/3/2006 1/13/2012 Houston Tower Associates, LP 1,070,209

Shops at Katy Landlord Leasing, Management 9/10/2007 6/1/2009 Katy Lincoln Property Company 32,387 PropertyFry & Morton Name Shopping Center ServicesLandlord Leasing, Management Takeover8/1/2007 Date Loss7/31/2009 Date CityKaty ClientUnited Partners Name Group LLC Rent75,000 SF Piazza Blanca Landlord Leasing, Management 1/2/2008 2/11/2010 Galveston PMCF Properties 56,609

Katy 2020 LLC Landlord Leasing, Management 8/15/2007 7/8/2011 Katy Katy 2020, LLC 195,351

Colonnade at West Lake Management 11/21/2006 1/31/2009 Humble DDRS 55,219

Park Plaza Management 8/28/2007 2/4/2009 Katy DDRS 80,000

Northwest Village Shopping Center Management 2/1/2002 5/15/2009 Houston Baceline Value Fund I Northwest Village, LLC 140,000

Royal Montreal Shopping Center Management 12/15/2006 5/29/2009 Katy Thompson National Properties 40,440

1001 Westheimer (Westmont S.C.) Management 12/19/2006 1/1/2011 Houston Lionstone Group 40,400

10 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Bios on key employees assigned to the property including Regional Vice President, Property Manager, Leasing Brokers, Accountant(s), Engineering Executive Supervisor (off site), Engineering Supervisor (on site) and Construction/Project Manager (off site) as well as the location base for each of these individuals.

RESUMES Please see Appendix for more information.

LOCATION BASE

MANAGEMENT Steve Ash, CPM® 1900 West Loop South Brett Willliams, CPM® 1000 Main/1300 Main Shane Cawood 1000 Main Rusty Bailey (APM Candidate) 1000 Main Admin 1000 Main Concierge 1000 Main

LEASING* Eric Anderson 1000 Main/Four Oaks Place Doug Little 1000 Main/1900 West Loop South Paul Witorf 1000 Main/Four Oaks Place

ACCOUNTING Elton Cribbs 1900 West Loop South Bob Horning 1900 West Loop South Rick Zuerlein 1000 Main

ENGINEERING Stephen Lloyd 1000 Main TBD (4 Engineers) 1000 Main

CONSTRUCTION Jerry Allen 1000 Main Mark Johnson 1000 Main

* All members of leasing team anticipate having an office at the project.

11 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Provide a brief background and history of WHAT SETS the company. What distinguishes your firm TRANSWESTERN APART FROM THE COMPETITION from competitors in Houston?

COMPANY BACKGROUND AND HISTORY • Ownership Mentality With over 30 years of experience, Transwestern is one of the country’s • Privately Owned Company largest privately held national full service commercial real estate providers with over 1,700 employees in 31 markets. We represent • Founded and Headquartered in some of the nation’s most prominent corporate users of real estate Houston and some of the world’s most prominent real estate investors. Our client list includes several fortune 500 companies and well known • Reporting Excellence companies like KBS, TIAA CREF, Cornerstone, and State Farm, whom we serve on a national level. In 2011, Transwestern oversaw • Delta Associates, Transwestern’s the leasing and management of 1,187 properties, representing 258 Research Affiliate million square feet - leased and managed combined. Within that • Transwestern has been named same time period, the firm completed leasing, sales and finance a Best Place to Work by the transactions totaling $2.9 billion. Houston Business Journal for nine consecutive years Provide experience with energy management, • Large Project Sponsorship is our LEED programs and sustainability. Heritage

SUSTAINABILITY AND TRANSWESTERN • Texas Monthly Magazine has Transwestern creates value for its clients with sustainable energy named Transwestern one of the efficient solutions for their real estate. We have achieved many awards “Best Companies to Work For” through Energy Star and LEED and are committed to partnering with six consecutive years. our clients to create an environment where tenants want to be. • Multiple year ENERGY STAR award winner and the first third- For 11 years, our energy management practices - including many party real estate services firm to cutting edge no- and low-cost operational adjustments - have win both the Partner of the Year consistently reduced operating costs across the Transwestern and Sustained Excellence awards managed portfolio by an average of 20 percent. • Innovation and Quality Assurance Transwestern has proactively embraced the ENERGY STAR Team benchmarking program since 2002 as a valuable tool in reducing property operating costs and carbon dioxide emissions. Our integrated • Leader in Sustainability efforts approach allows us to quickly evaluate a building’s performance and in the commercial real estate develop continuous improvement plans, maximizing the energy industry performance of the properties we manage, regardless of the age or • Thought Leadership class of the building. In 2010, Transwestern’s property management portfolio had an average ENERGY STAR rating of 82; a two point • Entrepreneurial Spirit increase over its 2009 average rating. • Full service real estate company with National presence and relationships

12 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

We have now benchmarked over 45 million square feet of office space across the country and 206 buildings possess the ENERGY STAR label. Furthermore, Transwestern reduced energy consumption by 5.24 million kWh over the previous 12 months. Transwestern has LEED® certified nearly 13 million square feet of space and is currently pursuing certification on an additional 5 million square feet.

As a result of Transwestern’s continued efforts on the ENERGY STAR front, we were invited by the EPA to participate in a public service announcement (PSA). Transwestern was one of only two ENERGY STAR partners to be selected by the EPA to participate. The PSA began running in Spring 2008 in major publications such as National Geographic, Money magazine and National Real Estate Investor.

The U.S. Environmental Protection Agency (EPA) has recently awarded Transwestern a 2011 ENERGY STAR Sustained Excellence Award in recognition of our continued leadership and commitment to operate buildings efficiently, create value for clients through a reduction in operating expenses, minimize waste and reduce their carbon footprint. We were previously recognized in 2004 and 2005 as an ENERGY STAR Partner of the Year and in 2006, 2007, 2008, 2009 and 2010 as a Sustained Excellence recipient - the first third-party commercial real estate services provider to achieve both designations.

Furthermore, as of June 30th, 2011, The White House named Transwestern one of fourteen initial partners in the Better Buildings Challenge. Transwestern will be committing 442 office buildings, totaling 78 million square feet of its managed portfolio to the Challenge and will be executing its goal to reduce energy consumption across this portfolio by more than 20% by 2020.

Another aspect of our firm’s approach to energy management is to actively participate in industry initiatives, such as BOMA International’s sustainability programs. In 2007, BOMA issued the 7-Point Challenge to reduce the real estate industry’s use of natural resources, dependence on non-renewable energy sources and reduce waste production. Organizations that commit to the challenge aim to reduce their portfolios’ energy consumption by 30% as compared to an average portfolio by working corroboratively with building management, ownership, and tenants. Transwestern accepted the challenge, met the goal prior to the deadline and continues to be a leader in sustainable practices.

What ties all of these efforts together are the results they achieve for clients, both financial and environmental. Transwestern has benchmarked over 1,700 buildings in the program, and our Energy Star portfolio rating is 82.

Leadership in Energy and Environmental Design (LEED®) As an active member of the U.S. Green Building Council (USGBC), Transwestern is pursuing LEED certification on over 13 million square feet of new and existing commercial space. We believe in the integration of sustainable building and operational measures into standard business practice for economic, environmental and occupant-related benefits.

13 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

MANAGEMENT

14 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Explain the oversight management of Regional Vice President and location of such team player. Describe experience of Regional Vice President. Number of properties and the size of the area covered?

Brett Williams, CPM, Vice President/Senior Property Manager will supervise and assist the on-site property management team at 1000 Main. He will spend two days per week at 1000 Main and will ensure all necessary resources are committed to the smooth transition of the project under the new ownership and will monitor the team’s performance and focus on ownership’s goals.

Brett currently is located at 1300 Main, a Class B office project located approximately 2 blocks from 1000 Main. He is engaged in a supervisory role on two office assignments: 1300 Main for Energy Transfer Partners; and a temporary receivership of the Houston Pavilions (targeted for sale in the Spring of 2012).

During his career, Brett has directly managed the Class A office project known as San Felipe Plaza (approximately 1 million square feet) and the repositioning of the Class B office project known as Brookhollow (approximately 805,000 square feet). He personally led BOMA 360 and LEED EBOM certifications for both projects. He has managed extensive construction and operations projects during his 15 year career in property management, and he currently serves on the Houston BOMA board of directors and leads the BOMA legislative advocacy committee.

Steve Ash, CPM, Managing Senior Vice President, leads Transwestern’s Gulf Coast Region property and facilities management group and brings 24 years of experience to the team. He will provide valuable senior level support to Brett Williams and the on-site management team. During his career, Steve has directly managed several high-rise, million square foot-plus, Class A office projects, including Williams Tower, Greenspoint Plaza and The Lake on Post Oak. He also has extensive operations experience with other trophy office assets such as Four Oaks Place, Marathon Oil Tower and Pennzoil Place.

15 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Provide staffing proposed, payroll proposed and payroll burden for all personnel to be reimbursed by the property. Please provide information on medical plans and other benefits for your employees. The Property Manager as well as other site staff (not including Leasing Brokers) must be 100% dedicated to this property and not work any other properties, no exceptions.

CORPORATE RESOURCES & TRANSITION TEAM Invesco Real Estate Robert Duncan Chairman

Larry Heard CEO

Chip Clarke Eric Anderson President Gulf Coast and Mountain Regions Executive Vice President Shannon Bedinger Director of Marketing, Gulf Coast and Mountain Regions

Eugene Kesselman Chief Information Officer

Roy Cook Managing Senior Vice President Sustainability Services Team

Vicki Hollon, CPM® Senior Vice President Innovation & Quality Assurance

Diane McKinney Business Analyst Innovation & Quality Assurance

Jackie Freas Quality Assurance Analyst

CONSTRUCTION/ ENGINEERING/ PROPERTY PROJECT ACCOUNTING LEASING SUSTAINABILITY MANAGEMENT MANAGEMENT

Jerry Allen Mark Johnson Steve Ash, CPM® Eric Anderson, Elton Cribbs, CPA VP Engineering & Project Manager Managing SVP Executive Senior VP & Controller Construction Construction Management Services Vice President

Stephen Lloyd Brett Williams, CPM® Bob Horning Doug Little Executive Vice Chief Engineer VP/Senior Property Accounting Manager Manager President/Managing Director TBD (4) Engineers Rick Zuerlein Shane Cawood Project Accountant Paul Wittorf Sr. Property Manager Vice President

Rusty Bailey Asst. Property Manager (Candidate)

TBD Admin Assoc

TBD Concierge

16 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Shane Cawood, Senior Property Manager, will be the dedicated onsite property manager for 1000 Main. Shane has over 10 years of experience in managing Class A high-rise office projects in Houston, including Williams Tower, Pennzoil Place, JP Morgan Chase Tower and Bank of America Tower. He has also served as Director of Real Estate for Memorial Hermann at the Memorial City location, and he currently manages 1800 and 1900 West Loop South in Houston, Texas. If awarded the 1000 Main assignment, Shane will transition off of these properties and will be committed solely to the management operations of 1000 Main. He will focus 100% of his time on the success of this acquisition for Invesco.

As further commitment to raising the bar for services to Invesco on 1000 Main, Transwestern is prepared to locate both Jerry Allen, VP/Director of Engineering and Construction, and Rick Zuerlein, Project Accountant, onsite at the project.

1000 Main Reimbursable Salary Analysis - 2012

Total Reimbursable NRA Tenants Salary Estimate Property Management Team for 1000 Main 837,161 25 $654,028.64

2012 Base Bonus Bonus Eligible Benefit & Payroll Team Member Title/Position Salary Estimate Percentage Amount Tax Estimate

Management Team

Stephen Ash, CPM Managing SVP $0.00 0.00% $0.00 26.00%

Brett Williams, CPM VP/Senior Property Manager $0.00 0.00% $0.00 26.00%

Shane Cawood Senior Property Manager $114,441.00 15.00% $17,166.15 26.00%

Rusty Bailey (candidate) Assistant Property Manager $50,000.00 10.00% $5,000.00 26.00%

TBD Administrative Assistant $44,000.00 $0.00 26.00%

TBD Concierge $46,000.00 $0.00 26.00%

Engineers (onsite)

Jerry Allen VP/Director of Eng & Construction $0.00 $0.00 26.00%

Stephen Lloyd Chief Engineer $69,512.00 10.00% $6,951.20 26.00%

TBD Lead Engineer $57,000.00 $0.00 26.00%

TBD Engineer $40,000.00 $0.00 26.00%

TBD Engineer $39,000.00 $0.00 26.00%

TBD Apprentice/Painter $30,000.00 $0.00 26.00%

Construction

Mark Johnson Project Manager $0.00 $0.00 26.00%

Accounting Team

Elton Cribbs, CPA Regional Controller $0.00 $0.00 26.00%

Bob Horning Accounting Manager $0.00 $0.00 26.00%

Rick Zuerlein Proj Acct $0.00 $0.00 26.00%

1000 Main Reimbursable Salary Totals $489,953.00 $29,117.35 $134,958.29

* Director of Engineering & Construction would office onsite as space allows, for the transition period (1st year) * if any central plant must operate on a 24 hour cycle, 1 more engineer may possibly be need to be added per plant.

17 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Medical Plans:

Transwestern offers a comprehensive and valuable benefits package to our team members. Team members working at least 30 hours/week are eligible for health insurance, 401(k) retirement savings plans, life and disability insurance, employee assistance program, flexible spending accounts, transportation reimbursement accounts, and many voluntary benefits. Specifically, Transwestern offers the following:

• Medical Insurance • 401(k) savings plan • Life insurance • Dental Insurance • Sick time • Dependent life insurance • Vision Insurance • Personal days • Employee Assistance Plan • Disability • Flexible Spending Account • Transportation expense account • Vacation • Direct Deposit • Credit union • Voluntary consumer discount benefits

18 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Number of property management personnel in Houston.

PERSONNEL Gulf Coast Region - Property Management - 160 Team Members

Senior Property Managers – 13 Property Managers/Assistant Property Managers – 40 Administrative Assistants – 30 Accountants - 27 Senior Engineers – 3 Engineers – 72 Construction Managers - 2

19 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Describe your Policies and Procedures Manual for both the company and for each property.

POLICIES AND PROCEDURES Our mission is to create value for our clients, and one of the ways that we accomplish this is by providing operational excellence with proven best practices and continuous innovation at each property. Transwestern’s Standard Practices Manual contains our policies and procedures for all aspects of property operations, including:

Property Takeover Emergency and Life Safety Systems Tenant Relations and Retention Lease Administration Budgeting, Escalation and Reconciliation Reporting Accounting Collections Construction Contracts and Contract Services Risk Management Management Office Operations Marketing Physical Operations Sustainability

All policies and procedures are regularly reviewed and updated by our Innovation and Quality Assurance Group and each property has access to the most current Standard Practices through our Transource website.

20 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Describe your documentation of compliance to Policies and Procedures.

POLICIES AND PROCEDURES Our Innovation and Quality Assurance Group, along with regional senior leadership, work to ensure our properties are operating at the highest level of efficiency. Team members receive appropriate training throughout the year and operational and financial audits and reviews are conducted annually to ensure that the highest level of service is being delivered at each property.

Operational audits are conducted by our senior engineering teams. These site inspections result in detailed reports that include current operational performance and recommendations for improvements as needed. Areas covered in these reports include:

Chillers Cooling Tower Energy Management Air Handling Equipment Lighting Emergency Systems Elevators Structural / Roof / Curtain Wall

Financial reviews are conducted by a quality assurance analyst to ensure that Transwestern’s systems and internal controls are in place and that procedures are performed appropriately. Areas where efficiencies, timeliness and security can be improved are identified. Objectives during each review include:

Accounting Systems and Operations Leases and Security Deposits Balance Sheet and Income Statement Recovery Schedule

21 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Explain your Internal Audit of Operations and Accounting.

Innovation and Quality Assurance Property management clients expect their service providers to deliver high-quality, consistent services and for policies, procedures and best practices to be rolled out uniformly. In order to do just that, Transwestern established an Internal Quality Assurance team (IQA) that works in partnership with each region to exceed client expectations and create value in every real estate cycle.

Innovation and Quality Assurance: • Helps foster thought-leadership in property operations, accounting, engineering and information technology by identifying areas or opportunities for process improvement and efficiencies. • Identifies regional best practices and/or client best practices which we can adapt into Transwestern Best Practices. • Develops a real-time communication process that simultaneously implements best practices across the U.S. • Conducts operational, engineering and financial reviews. • Acts as a training resource / go-to knowledge center for Transwestern Team Members in operations, engineering and accounting fields. • Ensures compliance with client-specific policies, procedures and practices.

Members of Transwestern’s IQA Team are:

Vicki Hollon - Senior Vice President Property Management and Sustainability Performs reviews of PM operations and sustainability policies, practices and procedures 31 years in commercial real estate

Roy Cook - Managing Senior Vice President Engineering and Sustainability Performs reviews of engineering and sustainability policies, practices and procedures 30 years in commercial real estate

Diane McKinney - Business Analyst IT Business Processes/Solutions Focuses on IT business processes, supporting our Property Management, Engineering, Sustainability and Accounting functions 11 years in commercial real estate

Jacqueline Freas Financial & Operational Reviews of Financial & Operational areas 9 years in commercial real estate

22 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

H.1 Transwestern has no limitations to integrate with our Client’s third party software systems. As many businesses us multiple software tools to enhance their workplace on a daily basis, Transwestern will work with the different tools to deliver best in class service to the Client. We currently work with many of Dothe industry you leaders prepare in Lease aAdministration Comprehensive software to provide Management Plan in addition to Invesco our Clients portfolio managementbusiness and strategic plan planning and activities, how but often? not with Tririga specifically at this time.

MANaGEMENT PLAN Transwestern will adhere to the reporting and budgeting standards that Invesco sets forth for 1000 Main. Transwestern

is very familiar with the Invesco Value Optimization Plan (annual business plan), and our entire 1000 Main project team H. 2 Combined with the lease administration(property manager, database leasingand general agents Microsoft and engineers) office suites, will collaborate to prepare the report. The final product will be reviewed Transwestern will deliver a comprehensiveby the senior analysisproperty of managerthe real estate and seniorportfolio leasing in different agent before being submitted to Invesco. formats. Transwestern utilizes “One Place”, an on-line SharePoint resource, to make reports readily accessible to both the owner Transwestern’s sole proprietyand software the property OnePlace management Collaboration team Suite at allows all times. Transwestern The business plan and all other reports will be housed on our “One Place” project managers to collaborate,site sharefor convenience. documents, tasks, This and electronic conduct informationon-line discussion is maintained about in addition to Invesco’s reporting format requirements. Client projects. Transwestern’s One Place system is further highlighted below.

OnePlace Combined with the lease administration database and general Microsoft Office Suites, Transwestern will deliver a comprehensive analysis of the real estate portfolio in different formats. TRANScend is a groundbreaking tool and a powerful visual experience that aggregates our collective market knowledge/research/data, such that we can both solicit new business and execute existing business with vastly improved efficiency. With TRANScend our team can virtually tour the market at different levels, have access to economic data, access to comps and sales figures, and building profiles delivered in an impressive and memorable visual experience to the user. It is virtual and real-time - the user can literally “fly around” the Market, Submarket, and Buildings. In a way, it’s like a stock exchange ticker for our business. It’s also flexible for future enhancements/ideas– the basic structure of TRANScend is designed so that it can accommodate the Client or project needs.

H.3 Login required by team? The data will be kept on Tranwestern’s internal cloud?

Transwestern’s sole propriety software, OnePlace Collaboration Suite, allows Transwestern project managers to collaborate, share documents, tasks, and conduct on-line discussion about Client projects.

23 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Describe your Executive Engineer Supervisor functions.

Engineering – Depth of Services Transwestern provides senior engineering support as a resource at all managed properties. Our Regional Engineers are responsible for establishing preventive maintenance tasks for each property, assisting Chief Engineers in creating capital budgets related to building improvements, and inspecting all mechanical and key building systems (at least annually) as an independent oversight of the property operations.

We propose Jerry Allen, Vice President/Director of Engineering and Construction, to office onsite at 1000 Main. Jerry will oversee the onsite engineering team to ensure consistent delivery of Transwestern’s high standard of service. He will be involved in property inspections, monthly review of the utility summary and strategic collaboration with the onsite property management team with regard to building system operations. Jerry will also assist Mark Johnson, our proposed construction manager, in preparation for any construction projects. He will be a significant resource for the onsite engineering team with regard to Energy Star and LEED reporting elements.

Do you act as Construction Coordinator/work as General Contractor? Describe your Construction/Project Manager functions.

HOUSTON CONSTRUCTION SERVICES Transwestern proposes Mark Johnson as Construction Manager to coordinate the construction process, including bidding, scheduling, quality control, inspection and final close out. Transwestern works with several well–respected General Contractors in Houston, but we do not act as a direct General Contractor ourselves.

24 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Construction Manager Background Mark Johnson has over fifteen years of project construction and commercial real estate experience. M ark joined Transwestern in 2010 to manage a major tenant relocation and building repositioning for Memorial Hermann’s main campus in West Houston. He has several years’ experience in handling large lease tenant requirements and tenant improvements, including multi-million dollar building improvements.

Transwestern’s project and construction management process focuses on preserving and enhancing value. Whether it’s building system upgrades, full asset repositioning or ground-up construction, our goal is to maximize the owner’s return on each invested dollar. We will implement a proven project and construction management process that provides the framework for successful completion, from strategy to delivery and lease-up.

PHASE 1: STRATEGY Transwestern performs due diligence, strategically consulting with your team on how best to spend your resources in order to maximize asset value and drive rental rates.

PHASE 2: CONCEPT & DESIGN Budgets are created and refined, and initial code compliance and environmental issues are addressed. We work with the architects and engineers to evaluate the viability of the design, ensuring value-added design that will ultimately attract tenants.

PHASE 3: BID Transwestern manages the bid process, qualifying and choosing the right general contractor and vendors for the project. We perform a thorough cost analysis, recommending value engineering as required to stay within budget.

PHASE 4: CONSTRUCTION Construction begins with Transwestern actively overseeing the entire process, ensuring the project is proceeding as planned. Liability, compliance, inspections and other legal aspects are closely monitored, and other important considerations of building operations such as tenant and property management relations are also managed.

Recent Construction Management Highlights include: Locke Lord LLP in Chase Tower (completed in 2010) – 80,000 square foot office renovation which included the main lobby, flex conference facilities, interiors, sprinklers, furniture procurement and move coordination. The project cost was approximately $9,000,000.

Describe other services provided by your firm.

LEED/SUSTAINABILITY Transwestern’s Sustainability team is available to assist the onsite team for the completion of the LEED certification. Our sustainability team will provide pricing as desired. Please see more details on our sustainability services in the Experience section.

25 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

LEASING

26 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Provide a list of all properties, not just office, that your firm represents in the Houston CBD, the square footage, current occupancy, lease maturity in next three years and the names of team members assigned to this asset. Include name of Leasing Brokers for each assignment. Also list all tenants represented by your firm in the CBD and the name of Leasing Broker handling the assignment.

Relevant Leasing Experience Below is a representative list of all projects Transwestern represents in the Houston CBD.

Transwestern Houston Leased Properties Represented in CBD

Building: Pennzoil Place One City Centre The Esperson Buildings NRG Tower Houston Pavilions St. Joseph Professional

711 Louisiana 1021 Main 808 Travis 1201 Fannin 1201 Main 2000 Crawford Houston, TX 77002 Houston, TX 77002 Houston, TX 77002 Houston, TX 77002 Houston, TX 77002 Houston, TX 77002 Year Built: 1975 / 1975 1960 1941 2008 2008 1964 Floors: 34 / 36 Floors 29 Floors 27 Floors 11 Floors 3 Floors 18 Floors RBA: 664,940 / 677,337 SF 608,660 SF 599,107 SF 240,000 SF 357,798 SF 137,296 SF Leased By: Transwestern Transwestern Transwestern Transwestern Transwestern Transwestern Leasing Agent(s): David Lee- O Greg Tilton- O David Baker- O/R Micha van Marcke- R Brandy Bellow- H **Paul Wittorf- O/R Eric Anderson- O Adam Ross- O Kelli Crutchfield- O/R Vanessa Barfuss- R Tim Gregory- H Lindsay Miller- R Current 98.1% 88.9% 67.8% 100% 75% 58.7% Occupancy: $12.00/nnn- O/R Quoted Rental $18.00-$21.00/nnn- O/R $22.00/fs- H $18.50-$20.50/nnn- O/R $18.00/nnn- R N/A $28.00-$35.00/nnn- R Rates: $25.00/nnn- O $24.00/fs- H $10.00/nnn- O Submarket: CBD CBD CBD CBD CBD Midtown

**If awarded 1000 Main, Paul will be taken off of The Esperson Buildings. O = Office, R = Retail, H = Healthcare

Transwestern Houston Tenants Represented in CBD Tenant Name: Wells Fargo Building: Wells Fargo Plaza

1000 Louisiana Houston, TX 77002 SF Leased: 192,000 SF Leased By: Transwestern Leasing Agent(s): Ken Page Submarket: CBD

27 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Provide a flowchart for the leasing team, who will handle large tenants and small tenants leasing on this project.

flow chart

ERIC ANDERSON Executive Vice President Office Services

PAUL WITTORF DOUG LITTLE Vice President Executive Vice President/ Office Services Managing Director Office Services

RANDI IDEUS JULIE LORINO Administrative Asst. Administrative Asst. Office Services Office Services

Eric will take the lead on all large lease negotiations and will be actively involved in all lease negotiations with support from Doug and Paul.

28 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

How does your firm handle conflicts such as with a tenant prospect for both subject property and another property where your firm also has the project leasing assignment?

Transwestern’s leasing team approaches each assignment with an “ownership” mentality and works diligently to the benefit of each client we represent. Our leasing teams are assigned to non-competitive properties and typically do not have conflicts between leasing projects. We recognize the possibility of potential conflicts with regard to tenant representation and provide full disclosure to both the owner and tenant should such situations arise. Our standard procedure is to provide a dual agency disclosure agreement to the owner and tenant if Transwestern were to bring a tenant to the building. We maintain a separation of divisions between our Tenant Advisory and Agency Leasing groups and they are currently housed on separate floors of our corporate office.

How does your firm handle a conflict where your firm represents a tenant that is considering the subject and also a property owned by your firm?

Transwestern does not currently own any property in Houston’s CBD. However, in the event that our firm were to acquire a competing property in the CBD, an independent leasing team would be assigned to the project to ensure that no conflicts occur.

How does your firm handle a conflict where your firm represents a tenant and also the subject property when a broker is on both teams?

We recognize the possibility of potential conflicts with regard to tenant representation and provide full disclosure to both the owner and tenant should such situations arise. Our standard procedure is to provide a dual agency disclosure agreement to the owner and tenant if Transwestern were to bring a tenant to the building. We maintain a separation of divisions between our Tenant Advisory and Agency Leasing groups and they are currently housed on separate floors of our corporate office. It is also our policy that a broker does not represent both the tenant and the building on any given transaction.

29 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Detail should be provided identifying the number and sizes of transactions (separated by landlord vs. tenant representation) closed by leasing team in the market during the past two years. Please list those transactions over the last year specifically achieved by individuals(s) proposed. List names of tenants, square footage, property and date accomplished.

Relevant Leasing Experience

Building Address Property Name Square Footage Sign Date Tenant Name Represented Broker 1360 Post Oak Bouevard Four Oaks Place 365,078 10/15/10 BHP Billiton Petoleum (Deepwater) Inc. Landlord Anderson/Wittorf 1000 Main 1000 Main 215,801 08/01/10 Shell Oil Landlord Little 580 Westlake Park Boulevard Two Westlake Plaza 189,390 12/20/11 Conoco Phillips Company Landlord Anderson/Little 1080 Eldridge Parkway Eldridge Oaks 137,877 01/26/11 KBR Landlord Anderson/Wittorf 1360 Post Oak Bouevard Four Oaks Place 124,770 10/15/10 BHP Billiton Petoleum (Deepwater) Inc. Landlord Anderson/Wittorf 1300/1330 Post Oak Boulevard Four Oaks Place 120,951 12/31/11 BHP Billiton Petroleum (Deepwater) Inc. Landlord Anderson/Wittorf 555 Gemini 555 Gemini 85,809 05/31/11 Lockheed Martin Landlord Anderson 1330 Post Oak Boulevard Four Oaks Place 79,421 10/15/10 BHP Billiton Petoleum (Deepwater) Inc. Landlord Anderson/Wittorf 1080 Eldridge Parkway Eldridge Oaks 78,222 09/30/10 KBR Landlord Anderson/Wittorf 15600 JFK Boulevard Intercontinental 67,689 11/01/10 INTEC Landlord Little 808 Travis/815 Walker The Esperson Building 58,515 07/31/10 Horizon Wind Energy LLC Landlord Wittorf 1300 Post Oak Bouelvard Four Oaks Place 56,924 12/15/10 Beirne Maynard & Parsons, LLC Landlord Anderson/Wittorf 12301 Kurland Kurland Building 55,167 08/29/11 IBM Landlord Anderson 4424 West Sam Houston Parkway N Westway II 50,024 08/30/11 GE Oil & Gas Landlord Anderson 5850 Rogerdale Oak Park Office Center 43,568 08/01/11 Chicago Bridge & Iron Landlord Little 1300 Post Oak Bouelvard Four Oaks Place 41,024 12/16/10 Looper Reed & McGraw Landlord Anderson/Wittorf 1330 Post Oak Boulevard Four Oaks Place 40,298 12/15/10 Cushman & Wakefield of Texas, Inc. Landlord Anderson/Wittorf 808 Travis/815 Walker The Esperson Building 39,183 08/31/10 Martin, Disiere, Jefferson & Wisdon, LLP Landlord Wittorf 555 Gemini Clear Lake Central I 39,099 07/01/10 Lockheed Martin Landlord Anderson 555 Gemini Clear Lake Central I 39,099 10/20/10 Lockheed Martin Landlord Anderson 12121 Wickchester Woodbranch 35,682 12/01/10 Oilfield Development Landlord Little 2200 West Loop South 2200 West Loop South 32,748 01/01/11 Morgan Stanley Smith Barney Landlord Little 1400 Post Oak Boulevard Four Oaks Place 29,963 09/14/11 Jones Lang LaSalle Landlord Anderson/Wittorf 12301 Kurland Kurland 27,610 11/04/10 Lexion, Inc. dba L-‐Con Constructors Landlord Anderson 15115 Park Row Park Ten Plaza 27,306 02/26/10 Multiphase Solutions, Inc. Tenant Anderson 1080 Eldridge Parkway Eldridge Oaks 26,074 11/28/11 WiPro Limited Landlord Anderson/Wittorf 16340 Park Ten Place Atrium at Park Ten 24,069 05/01/10 Trendmaker Homes Landlord Little 15109 Heathrow Forest Parkway Interwood 22,469 05/24/10 US Government Landlord Anderson/Wittorf 15415 Katy Freeway Diamond Offshore Building 21,263 11/30/11 Wyatt Field Service Company Landlord Anderson 16300 Katy Fwy Two Park Ten 20,717 07/01/10 ENSCO Offshore Landlord Little 1300 Post Oak Boulevard Four Oaks Place 20,225 08/19/11 SchwartzPage & Harding, LLP Landlord Anderson/Wittorf 1330 Post Oak Boulevard Four Oaks Place 20,076 12/31/11 Camac International Landlord Anderson/Wittorf 1330 Post Oak Boulevard Four Oaks Place 19,945 12/20/11 SureTec Financial Corp. Landlord Anderson/Wittorf 1330 Post Oak Boulevard Four Oaks Place 19,945 09/01/10 US Capital Advisors LLC Landlord Anderson/Wittorf 2720 Reed Road Park 288 19,880 08/24/11 Andon Specialties, Inc. Tenant Anderson 580 Westlake Park Boulevard Two Westlake Plaza 17,910 07/14/11 Marubeni-‐Itochu Landlord Anderson/Little 808 Travis/815 Walker The Esperson Building 17,313 10/14/11 CCRD Partners Landlord Wittorf 1330 Post Oak Boulevard Four Oaks Place 16,515 08/19/11 WCA Waste Corporation Landlord Anderson/Wittorf 2200 West Loop South 2200 West Loop South 16,326 03/01/11 Tecpetrol Operating LLC Landlord Little 1300 Post Oak Boulevard Four Oaks Place 15,788 05/12/11 People's United Equipment Finance Landlord Anderson/Wittorf 1330 Post Oak Boulevard Four Oaks Place 15,004 06/14/11 SureTec Financial Corp. Landlord Anderson/Wittorf

30 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

31 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Summarize existing knowledge of 1000 Main tenant base and state if your team is currently or has recently been a tenant representative for any of the tenants.

EXISTING TENANT BASE Shell Oil Company – leases approximately 300,000 RSF in the Building. Shell is #2 on the Fortune 500 and is headquartered in Houston. Shell has a significant presence in the CBD and recently renewed their lease at One and Two Shell for 1.2 million RSF which was the largest lease in the world in 2011. Shell also has major West Houston presence. Broker is Tim Relyea with Cushman Wakefield.

GenOn Energy – 262,969 square feet- 118,575 is subleased to Porter & Hedges LLP. Genon is one of the largest power plant operators in the country. Headquartered at 1000 Main, GenOn is in a growth mode and could potentially outgrow their space. Broker is Andy Spence with Cushman & Wakefield.

Porter & Hedges, LLP (Sublet from GenOn Energy) – 118,575 square feet- Headquartered at 1000 Main, Porter and Hedges is a full service midsize law firm with growth potential. Their space is very high end and they moved from Chase Tower. Broker is Charles Gordon (CBRE).

UBS Financial Services – 41,351 square feet- UBS is a high net worth investment firm headquartered in New York, NY. Jim Bailey with Cushman is their broker.

Marsh USA – 45,317 square feet- Headquartered in New York, NY, Marsh is the largest insurance broker in the world. Marsh is represented by Jim Graham, Transwestern, Dallas.

Mercer Human Resource Consulting – 29,631 square feet- subsidiary of Marsh parent company.

Cockrell Interests – 14,771 square feet- Will likely move out. Tenant is interested in buying their own building. Transwestern has a great relationship with the Cockrell family

Dewey & LaBoeuf LLP – 14,115 square feet- Full service New York, NY based law firm.

Spencer Stuart – 9,005 square feet- Chicago based executive search firm.

Marsh USA is currently represented by Jim Graham in the Transwestern Dallas office.

Describe the market research capabilities of your firm and what level of detail it is capable of providing from a metro market and submarket perspective.

DELTA ASSOCIATES For more than 25 years, Delta Associates, Transwestern’s research affiliate, has provided expert research services to the commercial real estate industry. As a critical piece of Transwestern’s commitment to thought leadership, Delta’s market data and analysis services enable our clients to make sound and informed decisions concerning assets, investments and strategies.

An industry leader in national research and trend forecasting, Delta has developed sophisticated methodologies that are the advantage for complex client needs. Complementing Delta Associates’ innovative research, Transwestern’s in-house research staff provides data and analysis on many markets throughout the country. As a result, clients benefit from the insight of local teams on the ground. Advice emphasizes practical, yet inventive, approaches reflecting the experience of Delta’s and Transwestern’s seasoned professionals. Informed judgment on market potential and economic conditions provides the intelligence that drives results for our clients.

• Market research and demand/supply analysis • Economic and fiscal impact studies • Fairness opinions 32 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

• Litigation support and expert testimony • Strategic market research and market-entry strategies • Development programming and planning • Property performance evaluation and “tune-up”recommendations • Financial analyses • Corporate relocation, site selection and lease/purchase evaluation • Partial/minority interest valuations • Highest and best use studies • Real estate and economic “white papers”

IN-HOUSE DIRECTOR OF MARKET RESEARCH Our in-house Director of Market Research is responsible for maintaining statistical data and analytics for Transwestern’s Gulf Coast Region. She provides market data analysis and produces market and submarket reports for the region. In addition, she works on research projects and creates reports on employment statistics, market snapshots, economic developments, and real estate market trends.

Affirm Broker will generate proposals and financial analysis (using Procalc) for new leases, work with Owner’s leasing attorney (if prescribed), provide Owners with market research and tenant financial analysis, etc.

We are proficient using ProCalc and utilize this program for the majority of our deal analysis. We will also welcome working with the owner’s attorneys or can suggest attorneys we believe will benefit the process and the desired results. We fully expect to routinely provide ownership current market statistics and research in a very thorough format. We will customize these reports as requested and directed by Bill Brown and others at Invesco. We typically contract third-party providers to evaluate tenant financial requirements on larger transactions.

Prepare a brief preliminary leasing and marketing plan for property, including a competitive analysis (can be in graphic form)

MARKETING AND LEASING STRATEGY - ELEVATE The marketing and leasing plan is designed to “Elevate” 1000 Main to be commonly recognized as the premier “new construction” building in the Central Business District. 1000 Main benefits from all of the characteristics of new construction in a superior location to the Class A++ competition.

• Immediately review marketing collateral and revise to the marketing theme to the concept of “Elevate your Experience” similar to the highly successful campaign at Four Oaks Place which Eric Anderson orchestrated. • Review immediate opportunities to improve the experience of being a tenant at 1000 Main. Work with Property Management to create a “Four Seasons Experience”. We are expecting the top rates in the market and the tenants should expect truly unique service. • Within one week of being awarded the assignment, canvass the entire grounds with property management to identify any items which are not consistent with A++ new construction and make recommendations for improvement or enhancements. • Schedule introduction meetings with existing tenants immediately and introduce the leasing and property management team along with the new ownership. • Schedule follow up meetings with existing tenants to address any concerns and fully evaluate their space needs in order to uncover any existing opportunities. • Consider a quarterly newsletter to the tenants updating them on any relevant changes within the building surrounding amenities, both street level and tunnel level. Also highlight all key CBD noteworthy news and announcements. • Schedule annual luncheon with key tenants and Central Houston representatives, Laura Van Ness and Bob Eury, to update them on CBD happenings and plans for the future. • Develop plans for a marketing presentation/center which is comparable to or better than the presentations of developers for new construction (i.e. Hines, Brookfield). 1000 Main has all of the attributes to sell and we need to make 33 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

sure every tenant gets this presentation as they will get the red carpet presentation from developers. • Capitalize on the LEED initiative of the building by coordinating a tenant event to celebrate the achievement and recognizing the tenants commitment to providing the highest quality of office space for their employees. This is an incredible opportunity to offer gratitude and create the pride of being in the best building in the CBD. We will tie this event into our “Elevate your Experience” marketing campaign. • Given the minimal rollover in the next 24 months and low vacancy, immediately raise our published rental rates in order to manage expectations for any negotiations on 2014 and 2015 rollover. • Create quarterly Houston Business Journal ads showcasing 1000 Main. These ads will be designed to keep the building fresh in the minds of decision makers despite the lack of current availability. We cannot be complacent and must continue to market the building in order to achieve the status of the premiere new construction building in the CBD and achieve top of the market terms. • Develop a website for the building designed to help office space users understand the benefits of the building. Also have a portal where tenants can suggest improvements or leave any comments. (See Infometrics program) • Consistently monitor large blocks of space in the CBD and other underlying fundamentals which can create downward or upward pressure on the market. • Thoroughly review all existing rights and options of the current tenant base using legal counsel where necessary. A complete understanding of the rights and options is imperative to maximizing value in the future. • Sell 1000 Main as new construction. The new construction buildings should be marketed completely different than 80’s vintage Class A space and the momentum is for the gap between the two to widen. Tenants in Houston will pay for the highest quality. It is all about recruiting and retaining employees. 1000 Main is the best located new construction building in the CBD.

We are extremely confident in 1000 Main and will take the deliberate steps above to elevate the experience for the tenants and maximize the returns for Invesco. In addition to the highly focused plan above, Transwestern will incorporate portions of the leasing and marketing plan below when applicable:

• Market the building leasing sponsorship change immediately through press releases to all major media (i.e., CoStar®, Houston Business Journal, GlobeStreet.com, Houston Chronicle, and Commercial Property News). • A marketing flyer will be created and distributed via email to the top commercial brokers in Houston (approximately 450) on the day we are awarded the assignment. • Initiate Informetrics program – see below. • We will personally contact the top tenant representation brokers active in Houston that represent larger tenants, and alert them of the leasing and ownership change • Follow up with all key office building tenant representation firms who will represent the majority of space users in Houston (Cushman & Wakefield, CB Richard Ellis, Jones Lang LaSalle, Studley, CRESA, NAI Houston, Avison and Young, and Grubb & Ellis). • Utilize Transwestern’s Houston-based leader’s relationships with users in the Greater Houston area (Robert Duncan, Larry Heard and Chip Clarke). • Robert Duncan and Larry Heard will utilize their World Presidents Organization contacts. • Include 1000 Main on Transwestern’s website for exposure and availability information. • Leverage knowledge of active prospects from Transwestern Houston and national networks. • Prepare marketing materials which promote the project as a true first-class choice highlighting the project’s outstanding qualities: - Prepare a flyer for distribution with proposals, packages and for mass distribution via email or at events. - Prepare marketing boards which illustrate the various ingress/egress options for the Project, and prepare presentation boards on amenities, etc. for on-site use and presentations at brokerage firms. - Coordinate marketing materials with the new building ownership and management if applicable. • Initiate quarterly luncheons with all project leasing agent firms in order to keep a pulse on the market

34 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

ONGOING NEW TENANT SOURCING PLAN • Pursue specific tenant types that traditionally have an appreciation for higher quality assets and are willing to pay higher rental rates and receive the benefits associated therein. Logical targeted tenants will include law firms, accounting firms, financial services firms, oil and gas companies, advertising firms and other similar professional and corporate users. • A direct solicitation campaign will be used as necessary and directed toward the CBD, Galleria, Houston Center and Midtown/Allen Parkway users and the entire brokerage community (approximately 450 brokers). • Monthly e-mail communication via Informetrics to all commercial brokers in Houston highlighting project availability and attributes. • Source all corporate relocations to Houston via our relationship with Central Houston and the Greater Houston Partnership. • Implement a “warm call” tenant prospecting system based upon primary research utilizing Transwestern/Costar’s existing lease expiration databases. • Maintain a high level of visibility for the building through a cost-effective advertising/public relations campaign focused on both the general business community and the real estate community.

EXISTING TENANT BASE RETENTION The existing tenant base is a very valuable asset to the project and represents a strong opportunity in the value creation and retention process. In our effort to renew existing tenants, we will be focusing on the following:

• Immediately notify all tenants of the change in leasing. • Within the first thirty days, contact and set meetings with all tenants. • Promote the quality, services and location of the project. • Educate these tenants and develop appreciation of the value that they receive in their level of rent. • Entertain brokers of tenants at CBD and entertainment venues • Update tenants on changes in the CBD • Establish personal relationships with decision makers • Establish an ongoing contact program with decision makers of existing tenants. • Sponsor tenant socials and events. • Prepare and negotiate lease documents when the market allows for maximized value

35 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

INFORMETRICS

• Create an enhanced narrative presentation on the property from a marketing center where all tours will commence. • Initiate space availability email programs. • Prepare up to three theme based emails focused on particular aspects of the project. • Install touch-screen LCD computer “All-In-One” in building lobbies as needed. - The screen shall be displayed in a kiosk or perhaps a wall inset. - The screen shall double as a building directory. - Via USB ports, the prospects will be able to view the narrative piece in the actual building to be toured.

1000 Main Primary Competition

Property Owner/ Year Total SF Occupancy 4Q2011 Asking Rental Comments Developer Built Rates

Very little roll in the next 24 1000 Main Kan Am Group 2003 837,161 RSF 98.7% $30.00/NNN months

Floors 11-17 are the only BG Group Place unencumbered floors and Hines is Hines 2011 972,474 RSF 62.3% $29.50/NNN 811 Main currently working with a tenant for 2 of them

Hess Tower H&R REIT 2011 844,763 RSF 100.0% N/A Fully leased to Hess 1501 McKinney

Ernst and Young is largest tenant Five Houston Center Wells REIT 2002 588,875 RSF 92.3% $30.00/NNN in building after which the largest 1401 McKinney tenant is 2 floors

Several tenants needing to 717 Texas Hines 2003 696,228 RSF 100.0% N/A expand being pushed out to market due to lack of space

Heritage Plaza 112,000 RSF available contiguous Brookfield 1986 1,089,266 RSF 86.6% $26.00/NNN 1111 Bagby on floors 14-17

Bank of America Center Timeless building with significant M-M Properties 1983 1,268,480 RSF 87.9% $27.00-$29.00/NNN 700 Louisiana skyline presence

Several blocks of space coming Wells Fargo Plaza back, challenging floor plates and MetLife 1983 1,721,242 RSF 94.1% $29.00-$30.00/NNN 1000 Louisiana elevators, significant skyline presence

36 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

1000 Main Secondary Competition

Property Owner/ Year Total SF Occupancy 4Q2011 Asking Rental Developer Built Rates 14550 Chase Tower Fonmeadow Dr 1982 1,683,893 RSF 94.5% $25.00/NNN 600 Travis Holdings

First City Tower JMB Realty 1981 1,333,312 RSF 93.3% $25.00-$27.00/NNN 1001 Fannin Corporation

One Allen Center Brookfield 1972 993,397 RSF 67.1% $25.00/NNN 500 Dallas

Two Allen Center Brookfield 1977 995,623 RSF 96.4% $25.00/NNN 1200 Smith

Enterprise 1100 Louisiana Products 1980 1,265,332 RSF 93.9% $27.00/NNN Partners

Two Houston Center JPMorgan Chase 1974 1,024,956 RSF 91.7% $25.00-$26.00/NNN 909 Fannin

Three Allen Center Brookfield 1980 1,194,719 RSF 96.3% $25.00/NNN 333 Clay

Fulbright Tower JPMorgan Chase 1982 1,247,061 RSF 86.8% $26.00-$27.00/NNN 1301 McKinney

Continental Center I Brookfield 1984 1,098,399 RSF 82.5% $24.00/NNN 1600 Smith

LyondellBassell Tower JPMorgan Chase 1978 1,061,351 RSF 94.5% $25.00-$26.00/NNN 1221 McKinney

El Paso Energy El Paso 1962 912,323 RSF 100.0% N/A 1001 Louisiana Corporation

37 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

List your firms familiarity with and access to the following systems: CoStar List other system used. COSTAR Transwestern utilizes CoStar, a robust reporting tool. CoStar Group, Inc., is the number one provider of commercial real estate research and information services for property investors and sales professionals in the United States and United Kingdom — covering more than 59 billion square feet of commercial property, including over 7 billion square feet of space for lease.

LOOPNET Transwestern utilizes LoopNet, one of the most heavily trafficked commercial real estate websites. LoopNet provides the ability to search listings, research properties, and list availabilities.

LANDVISION Transwestern’s Houston headquarters has access to LandVision™, a rich mapping solution that gives you access to comprehensive property and geospatial data, powerful analysis and visualization technology, and collaboration features in an intuitive online tool.

LANDISCOR Transwestern’s Houston headquarters has access to Landiscor, a leading aerial and satellite imagery database. The software offers the most current Aerial Imagery and Satellite Imagery integrated with real estate information and GIS Data in a variety of popular formats.

REGIS Transwestern’s Houston headquarters has access to REgis Pro™, a vector graphics program that is built on top of a full featured GIS engine.

DemographicsNow Transwestern utlizes DemograohicsNow, a leading product of Alteryx. Subscribers to DemographicsNow can analyze any number of demographic variables and trends through reports, maps and charts for more informed and quicker decision making.

REAL CAPITAL ANALYTICS Transwestern utlizes Real Capital Analytics which provides access to a comprehensive set of reports. The research methodology captures many more property and portfolio investments (valued at $2.5 million or greater) than any other source. Moreover, the research yields data that has never before been available for commercial real estate.

38 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Evidence of the development and implementation of a successful leasing program for properties of a similar type to the subject.

Of the multiple relevant Class A leasing assignment successes Eric has achieved over his career, Four Oaks Place and the Houston Pavilions are two recent highly relevant case studies.

Four Oaks Place – Galleria Submarket 1,732,417 square feet Eric, along with his colleagues, successfully elevated the image of this Galleria office market complex. The case study for Four Oaks Place is extremely similar to our views of 1000 Main tying into the “Elevate” theme. Similar to 1000 Main, Four Oaks had the potential to be known as the best place to office in the submarket, however was not there. Prior to taking over the Four Oaks assignment it was recommended by Transwestern that Four Oaks could be elevated to the next level and further separate itself from the competition by making a series of improvements to the project. The Four Oaks Strategy has been extremely successful and has resulted in the following:

• Stabilized occupancy at 99% (took over at 86%)

• Current rental rates $2.00-$5.00/RSF higher than the closest competitor in the Galleria/West Loop submarket • An elevated perception of Four Oaks from the brokerage community

• Created an important story that differentiated the complex from its nearest competitors

• Managed the transition smoothly and effectively in the first 30 days with no assistance from the previous sponsor

• Strategically maximized terms and elevated the economics with clients that had been tenants for many years with a retention rate of over 90%.

Four Oaks Place is now firmly positioned as the top office complex in the Galleria and commands a rental premium over other top tier Class A Buildings.

Houston Pavilions – CBD 195,000 square feet Similar to 1000 Main, Houston Pavilions was competing with Class A Buildings for large CBD users. Eric had to create a story which effectively sold the unique vision of enhancing the work experience for the employees of potential tenants of the Houston Pavilions.

• Effectively sold the vision of all that The Pavilions would offer a user in order to attract them from a new construction quality Class A tunnel connected environment and capture a tenant with outstanding credit for 245,000 square feet in a very challenging office market.

39 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

REPORTING

40 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Confirm no accounting expense to property (personnel/equipment on-site), would be included in management fee.

ACCOUNTING EXPENSE Transwestern offers a full range of accounting services to our clients. We propose Rick Zuerlein as the on-site accountant for 1000 Main, and he will report directly to Bob Horning, Sr. Accounting Manager, and Elton Cribbs, Controller. All accounting fees (personnel/equipment on-site) will be included in the management fee.

Accounting functions on-site -- where do invoices, rent checks go, etc.? Internal Control Environment Building goods and services are ordered in accordance with owner’s purchasing policies/procedures and the budget. We recommend and would work with INVESCO to implement an electronic solution where by invoices for building goods and services are forwarded to an electronic bill processing center (typically PayPlus) where they are scanned and uploaded into the invoice processing system. The scanned invoice is sent via email, based on pre-defined workflows and approval levels established with the system, to Transwestern and/or INVESCO personnel for review, coding, and approval. A typical workflow requires the Property Administrative assistant to review and code the invoice, and then depending on the dollar amount, the invoice will be approved by the Property Manager, Regional Property Management VP, and possibly INVESCO. Once final Property or Asset Management approval is obtained, the invoice will be submitted to the Project Accountant for review and transfer/posting to the accounting system. Checks are generated in the accounting software and mailed directly to the vendor or to the project management office for mailing. Invoices are processed typically once a week, but special items can be processed as required. Invoice images are stored in the PayPlus reducing paper and storage costs. Should INVESCO decide to not implement an electronic payables solution, we would have the invoices for building goods and services sent to the project management office for coding, approval and entering into the software system. The approved invoices would be then sent to accounting for review. Checks would be generated in the accounting software and mailed directly to the vendor or to the project management office for mailing.

For cash receipts we would recommend using an electronic solution, Collect’s rCash. The Collect product interfaces with Yardi and enables tenants to pay their rent via mail/lockbox or online (ACH/Wire transfer). Collect allows electronic files consisting of tenant cash receipts to be imported into Yardi. The procedure creates a CM Open Batch that can be edited before it is posted. Collect automates the manual process of receiving, entering and depositing rent payments. Tenants also have the ability to pay by ACH (electronically) with Collect. In the absence of an electronic solution, we would recommend the opening of a lockbox where all tenant payments are sent. The use of a lockbox will accelerate INVESCO’s access to tenant payments.

Accounting supervision/CPA’s?

NATIONAL ACCOUNTING EXPERTISE Transwestern’s regional financial operations include numerous qualified professionals, including CPA’s among its experienced staff of supervisors, project accountants, AP/AR processing personnel and administrative clerks. Diversified experience, service-orientation and flexibility are hallmarks of our group and are essential to satisfying the financial reporting requirements of our over 300 clients nationwide.

HOUSTON ACCOUNTING Transwestern’s 25-person Houston accounting team works on behalf of more than 60 owners and handles more than 175 properties totaling more than 35 million square feet of space in fourteen states. Under the supervision of Senior Vice President, Elton Cribbs, CPA, and Accounting Manager, Bob Horning, Transwestern will perform the accounting function in Houston and will utlize Invesco’s Yardi Voyager System. This team has more than ten years of tenure with Transwestern and currently supervises the accounting for Invesco’s Houston industrial portfolio managed by Transwestern. The project accountant for 1000 Main, Rick Zuerlein, has been with Transwestern thirteen years and has worked on a variety of client accounts. Recently, he was the onsite accountant for a one million square foot office building.

41 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Invesco uses Kardin budgeting and reconciliation for all assets, please provide your firms experience with Kardin.

Kardin Budgeting System (version 32.18) In the last few years, Kardin has emerged as very powerful tool for budgeting and re-forecasting. Many of our clients have selected Kardin as their standard property management budgeting tool. Other Property Managers choose to use Kardin due to its easy to use budgeting and re-forecasting, built-in operating expense recovery, import/export data with various accounting systems, and high quality built-in reports. Transwestern offers both live and recorded training sessions on Kardin and we have in-house support available. We have experience in integrating Kardin budget data with both MRI and Yardi.

Monthly accounting reporting is due on the tenth of the month. Are they reviewed? By whom?

Transwestern will deliver customized monthly reports to meet the reporting requirements of Invesco.

Transwestern has demonstrated expertise in fulfilling the accounting and financial reporting requirements of a wide variety of institutional investors. Our range of accounting capabilities from modified cash basis to full GAAP basis accounting coupled with our mastery of numerous accounting software packages – including MRI, Yardi, Timberline, and FAS Asset Accounting allows us to customize the accounting and reporting to meet the unique requirements of each client.

Transwestern is dedicated to providing accurate accounting data on a timely basis to Invesco. The result of this dedication is demonstrated by the quality and timeliness of the financial statements and reports that we will submit on a monthly basis. The preparation of the financial statements is a joint effort between the property accountant and the property manager who both review the financial statements. In addition, the financial statements are also reviewed by an accounting manager and a senior property manager.

Below are a few of the accounting programs we recommend utilizing for Invesco:

CM360 – Creating Value through Cash Management CM360, Transwestern’s automated cash management system, delivers efficiency to every phase of property accounting. By providing technical solutions to traditionally manual processes, we impact a property’s bottom line by eliminating overhead costs associated with tenant invoicing, rent collection and vendor payments. Additionally, removing time consuming manual processes allows property management teams to focus on tenant satisfaction and building operating efficiencies.

TANS – Tenant Account Notification System TANS, our Tenant Account Notification System, was designed to automatically generate and deliver monthly statements via secure email. Tenants utilizing TANS receive statements electronically, and immediately after rent charges have been processed.

TANS provides tenants and property managers an automated solution to what has traditionally been a time consuming, manual process. This easy-to-use online system virtually eliminates all costs associated with processing paper rent statements. TANS is also compatible with COLLECT and includes features such as MICR line and remittance instructions.

TANS benefits: • Eliminates time and money spent printing, mailing and processing paper tenant statements • Decreases time properties spend processing paper invoices • Accelerates the process of notifying and reminding tenants of amounts due, ensuring timely and accurate collections • Increases time property teams have to focus on enhancing actual asset value through tenant relations and retention • Creates electronic document delivery reducing the building’s environmental footprint 42 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

COLLECT - Eliminate the manual rent collection process COLLECT is an automated receivables solution that eliminates the costly manual process of receiving, entering and depositing tenant rent payments. COLLECT enables tenants to pay their rent via U.S. mail (lock box) or online via an automated clearing house (ACH). COLLECT then imports the tenant cash receipts into the accounting application’s open batches for editing and posting in MRI.

COLLECT offers same day processing, deposits and supports recurring ACH with varying monthly totals. Property Managers and Accountants get real-time access to the transaction process and the system is Sarbanes-Oxley compliant.

COLLECT benefits: • Provides real-time visibility of A/R cash flow • Eliminates daily trips to the bank to make deposit deadlines • Provides flexibility in payment options leading to tenant satisfaction • Improves controls and consistency • Frees up property personnel to focus on the property and tenants

PAY - Process invoices in a virtual environment PAY revolutionizes the invoicing workflows by eliminating costly manual processes. Everything – from receiving to coding to approvals to payment – exists in a virtual environment. Workflow is improved as vendors mail invoices directly to the PAY processing center where they are scanned and uploaded into the online system. The virtual PAY system allows approval of invoices via Web access and then imports the invoice to MRI for payment.

PAY benefits: • Allows for customization of workflow approvals and routing options, including Asset Management review of capital items • Provides an online audit history • Automatically codes line items ensuring accuracy and accountability • Provides real-time access to payable information • TANS, COLLECT and PAY, reduce costs, improve efficiencies and add value to your assets.

Angus Anywhere Angus Anywhere is a work order tracking system. The Angus Work Order Export is a monthly export of billable work order items from Angus AnyWhere™ to MRI. The Angus export will automate the manual process of entering billings for work orders into MRI. rCash Collect The Collect product interfaces with Yardi and enables tenants to pay their rent via mail/lockbox or Online (ACH/Wire transfer). Collect allows electronic files consisting of tenant cash receipts to be imported into Yardi. The procedure creates a CM Open Batch that can be edited using the Batch Entry program. Collect automates the manual process of receiving, entering and depositing rent payments. Tenants also have the ability to pay by ACH (electronically) with Collect.

43 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

GENERAL

44 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Company financial/executive strength. Confirm your firm is not subject of a bankruptcy filing and any litigation at this time.

COMPANY FINANCIAL STRENGTH

Re: Transwestern Commercial Services Financial Information

To Whom It May Concern:

Transwestern Commercial Services, L.L.C. and Subsidiaries (“Transwestern”) is a privately held company and, as such, does not make its financial statements and related information available to the public. However, we recognize the need, in circumstances such as responding to request for proposals, to provide financial information to third parties. Accordingly, in response to your request, we are providing the following financial information on Transwestern:

Audited Year ended December 31, 2010 The consolidated financial statements prepared on a Modified Income Tax Basis, which were issued with an unqualified audit opinion by BDO USA, LLP reflect the following:

Total revenue was $119,122,000 for the year ended December 31, 2010.

EBITDA was $14,573,400 for the year ended December 31, 2010.

Total Assets were $58,554,000 as of December 31, 2010.

Total Members’ Capital was $38,350,800 as of December 31, 2010.

Unrestricted cash and cash equivalents were $17,002,800 at December 31, 2010.

Audited Year ended December 31, 2009 The consolidated financial statements prepared on a Modified Income Tax Basis, which were issued with an unqualified audit opinion by BDO USA, LLP reflect the following:

Total revenue was $89,744,000 for the year ended December 31, 2009.

EBITDA was $(104,500) [1] for the year ended December 31, 2009.

Total Assets were $45,946,300 as of December 31, 2009.

Total Members’ Capital was $26,215,800 as of December 31, 2009.

Unrestricted cash and cash equivalents were $10,203,900 at December 31, 2009.

[1] – EBITDA includes ($2,565,000) of non-cash pass-through losses from development projects.

45 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Audited Year ended December 31, 2008 The consolidated financial statements prepared on a Modified Income Tax Basis, which were issued with an unqualified audit opinion by BDO USA, LLP reflect the following: Total revenue was $123,921,000 for the year ended December 31, 2008.

EBITDA was $7,893,200 for the year ended December 31, 2008.

Total Assets were $43,746,600 as of December 31, 2008.

Total Members’ Capital was $25,278,900 as of December 31, 2008.

Unrestricted cash and cash equivalents were $8,915,100 at December 31, 2008.

Based on my knowledge and belief, the above information is correct in all material respects. We ask that any financial information disclosed to you be kept confidential and only used for the purposes of evaluating our creditworthiness. An additional public resource is D&B, and our D&B DUNS # is 08-979-0638.

Please feel free to contact me at 713-272-1205 if you have any questions or require any additional information.

Sincerely,

Steve P. Harding

Chief Financial Officer

46 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Company reputation (Houston/U.S.).

COMPANY REPUTATION Transwestern was founded in Houston in 1978 and Houston remains our corporate headquarters. We have developed many high level tenant relationships through our top executives. At the ground level, Transwestern takes a very hands-on approach through property management and leasing personnel to maximize the best possible relationships with tenants. This effort is reflected in our consistently high performance on the Kingsley survey. Since the Kingsley program’s inception in 2002, we have consistently achieved impressive scores for our property management services.

In addition, Transwestern has deep relationships within the brokerage community which are second to none in the agency leasing and property management business. These extensive relationships are evident in our many success stories as the brokerage community has been an integral part of our leasing performance. We have completed major anchor tenant deals in the past five years with Cushman & Wakefield, Jones Lang LaSalle, Grubb & Ellis, Colliers, CBRE and Studley to name a few.

Transwestern is a leader in hosting informational industry events with examples including TrendLines Houston and various broker receptions and dinners to highlight specific projects and submarkets.

47 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Company institutional references for office product in Houston. ReFERENCES

Metropolis Investment Holdings Thomas Prescott - Executive Vice President 455 N. Cityfront Plaza Drive Suite 2400 Chicago, IL 60611 (312) 416-9122 [email protected]

TIAA-CREF Brad Simpkins – Director, Asset Management 8500 Andrew Carnegie Blvd. Charlotte, NC 28262 (704) 988-4968 [email protected]

Cornerstone Real Estate Advisers, Inc. Robert M. Whitney - Vice President 150 South Wacker Dr. Suite 350 Chicago, IL 60606 (312) 465-1500 [email protected]

48 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Company possible conflicts of interest.

CONFLICTS OF INTEREST Transwestern’s ownership mentality allows us to sponsor each project as if it were our own. We do not anticipate any conflicts within our property management team and leasing teams.

Provide a least three references that have utilized full capabilities and services of your firm in Houston. ReFERENCES

KBS Realty Advisors Rodney Richerson - Regional President 620 Newport Center Drive #1300 Newport Beach, CA 92660 (949) 417-6515 [email protected]

State Farm John Higgins Vice President One State Farm Plaza # E7 Bloomington, IL 61710 (309) 766-9803 [email protected]

Principal Real Estate Investors Joe Wanninger - Senior Asset Manager 801Grand Avenue Des Moines, IA 50392 (515)247-5789 [email protected]

49 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

FEES

50 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Management fee and any minimum fee. Please note that the assignment of management and leasing could be split between two firms.

Transwestern requests a monthly Management Fee of one percent (1%) of gross revenues, inclusive of accounting services. The staff reimbursement is an additional cost as shown previously in the staffing response to this proposal.

Leasing fees for all leasing activity for both Landlord Broker, fees paid to Tenant Broker and fee if there is only a Landlord Broker involved. The fees should be separated between new deals and negotiated renewals. Please note that if a Tenant simply exercises a stated rent option, no fee is paid. Please note that the assignment of management and leasing could be split between two firms.

LEASING FEES Houston All Leases Percent of Gross Rentals Direct new and expansion – no outside broker 4% Extension – no outside broker 3% New, expansion and extension – cooperative broker 2%

Transwestern agrees that if Tenant simply exercises a stated rate option, no fee shall be due.

Construction management fee and when it is charged. Owner shall pay construction management fees for all costs involved with the construction of approved tenant improvements and/or capital improvement projects (i.e., supervision and administration of the construction process, including design, bidding, contract execution, construction supervision, punch list administration, and accounting and billing procedures) based upon the following schedule:

$0 - $25,000 0% $25,001 - $100,000 4% $100,001 - $250,000 3% Above $250,000 2.5%

Engineering supervision fees, non-site staff fee and when it is charged. Transwestern offers the expertise of our Senior Engineering supervisor at no additional cost to owner.

51 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Other fees or management related expenses including but are not limited to administrative fees, marketing fees, training fees, payroll fees, etc.

Administrative Fees: Transwestern requests reimbursement for the following expenses directly attributable to the management of the Property and included in approved annual budget if applicable:

• Long distance phone charges • Courier and delivery service charges • Expedited mail charges • Certified mail charges • Computer support, training, assistance • Bank Account charges as outlined in agreement and as agreed related to Positive Pay Lockbox, estimated to be approximately $100 per month. • Yardi license fees associated with the managers, administrative assistant and accountant’s direct access to Invesco’s system

Payroll Fees. Transwestern’s team member benefit expense is estimated to average 26% of the team member’s base salary. Transwestern only charges actual benefit cost based on team member’s actual choices in contrast to most other property management service firms, who reportedly charge close to 35%.

Marketing Fees. The leasing team will work with the Invesco Asset Manager to construct a marketing program for 1000 Main, and the costs of this program will be included in the annual budget for the project. There will be no additional marketing fees except for the leasing commissions outlined elsewhere in this proposal.

All Marketing Expenses All marketing and leasing expenses related to the leasing office and executing the on-going marketing and leasing plan will be pre-approved and paid by owner.

52 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Please confirm in your presentation that there will not be any fees for participating in the due diligence process even if the property is not acquired or for some reason your firm is not awarded the assignment. Please note it is rare that a firm working on the due diligence process is not awarded the assignment.

Transwestern considers the due diligence effort part of our property management and accounting teams’ pre-transition work to achieve a seamless takeover. No additional due diligence fees will be charged to client.

53 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

EVALUATION OF THE PROPERTIES

54 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Provide an evaluation of the asset and its rank against competitive properties in the submarket.

1000 Main Competitive Asset Rankings

Property Owner/ Year Total SF Occupancy 4Q2011 Asking Rental Developer Built Rates

 1000 Main Kan Am Group 2003 837,161 RSF 98.7% $30.00/NNN

BG Group Place Hines 2011 972,474 RSF 62.3% $29.50/NNN  811 Main

Hess Tower H&R REIT 2011 844,763 RSF 100.0% N/A  1501 McKinney

Five Houston Center Wells REIT 2002 588,875 RSF 92.3% $30.00/NNN  1401 McKinney

 717 Texas Hines 2003 696,228 RSF 100.0% N/A

Heritage Plaza Brookfield 1986 1,089,266 RSF 86.6% $26.00/NNN  1111 Bagby

Bank of America Center M-M Properties 1983 1,268,480 RSF 87.9% $27.00-$29.00/NNN  700 Louisiana

Wells Fargo Plaza MetLife 1983 1,721,242 RSF 94.1% $29.00-$30.00/NNN  1000 Louisiana

Asset Evaluation The collective attributes of 1000 Main offers the highest quality, Class A++ new construction office in the CBD. While there are other comparable new construction buildings, its central location on the tunnel system, great setbacks, and above standard parking ratios set it apart from those buildings. 1000 Main has the opportunity to push rates by capitalizing on the current "flight to quality" trend and lack of space availability in the AA market. The only weakness of the property is that it is not the tallest, most identifiable building in the CBD. We believe 1000 Main is the premier new construction building in the CBD and should be marketed as such.

55 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Outline strengths or deficiencies noted. Provide a summary of deferred maintenance and opportunities to enhance the property. How will your firm add value?

1000 MAIN OVERVIEW Transwestern will perform a full and complete inspection of the assignment as permitted by Invesco during due diligence to establish takeover conditions. This inspection will be conducted by the Senior Property Managers, the Chief Engineer and Jerry Allen.

Our preliminary review found the project to be of high quality finishes and was indicative of the highest end of Class A projects in the Houston CBD. There were a few examples of quality control issues noted, perhaps indicating the need for a “deep dive” into project physical details to ensure high quality standards. The items noted below are only a cursory review, and can easily remedied through operations:

Granite “ring” can be Exterior Mullions are being Retail area base boards Tunnel corridor cleaned and better cleaned only to a porter/ are being impacted by wall fabric affected maintained maids ability to reach it nightly floor cleaning by humidity, revise material

Value Add Considerations The 1000 Main property management team will focus on measures that add value to the project: • Energy management • Increased quality of detail cleaning • High-touch tenant experience • Review/bidding of all service contracts – utilizing our national leverage where feasible, inclusive of insurance • Focus on responsiveness to the tenancy and ownership.

Transwestern receives national pricing advantages through Schindler, OTIS, Thyssen, Kone and Fujitec elevators, and we have negotiated a national insurance program through AON which we have used to reduce insurance costs for clients who wish to take advantage of our leveraged buying power.

Another potential value-add area would be the chilled water fixed price components. Transwestern is currently managing other projects on the Entergy Downtown Central Plant, and we are familiar with the maintenance arrangements of the heat exchangers. We would investigate separating the deregulated utility portion of the fixed price power cost for the chilled water being delivered by Entergy to take advantage of lowering the utility cost.

56 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Discuss any hold/sell recommendation for this asset and specific reasons for your recommendation.

HOLD / SELL RECOMMENDATION Obviously, many factors impact a hold/sell analysis and real time market dynamics are paramount to finalizing a strategy. Our current opinion, on a hold/sell strategy for 1000 Main is based on the current market environment, understanding of the tenant rollover, future projections for job growth in Houston as well as relevant market information.

We see this investment as a timeless asset that will always lead the market in economics and will benefit from stabilized occupancy. The obvious timeframe to evaluate a potential hold/sell strategy would be in 2017 as at this point there is a possibility that the 2018 rollover of approximately 265,000 square feet has been addressed and from the date of acquisition a cumulative 55% of the building will have expired and be on new terms. This timing could present an outstanding opportunity to evaluate a potential sale or refinance of the asset.

This building also presents an owner the outstanding and unique opportunity to hold for 10 plus years. 1000 Main is a top of the market timeless asset built in 2003. In Houston, we have found value of assets in this class have been less cyclical and typically enjoyed growth. Houston’s finest assets continue to perform the best over extended periods of time.

57 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

Provide an overview of the submarket, including appropriate lease economics, supply and demand forecast and demographic and economic factors that could impact performance.

CBD SUBMARKET OVERVIEW

10.0% 8.0% 6.0%

4.0% 2.0% 0.0% 2007 2008 2009 2010 2011 CBD A

1,500,000

1,000,000

500,000

-500,000 2007 2008 2009 2010 2011 58 CBD A

TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

RESUMES

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ERIC ANDERSON Executive Vice President Office Services

TRANSWESTERN ROLE Eric and his team are currently responsible for overseeing marketing and leasing efforts for numerous office projects within the Houston area. Eric is focused on maximizing value for his clients by maintaining an acute understanding of the market and how each client can benefit.

CAREER HIGHLIGHTS In 2011, Eric was Top Producer in the Gulf Coast Region and #3 nationally. In 2009, Eric led the Gulf Coast Region in production and was #4 nationally. He also completed the largest lease transaction in Houston in 2009. In 2008, Eric was Transwestern’s #1 overall producer nationwide. Eric has been awarded Top Producer in the Houston OfficeL easing Division for ten of the last 11 years and has been a Top 5 producer nationally the last three years. In 2007, Eric was the recipient of the presti- gious HOLBA Landlord Representative of the Year Award, which is voted on by the Tenant Repre- sentation community in Houston. Also Eric was voted one of Real Estate Forum’s Top Brokers in the Nation in 2007. In 1997, 2002, 2006, 2008, 2009 and 2010, he was awarded Top Producer for the Southwest Region. He has also received Project Leasing Deal of the Year and Corporate Services Deal of the Year multiple times. In addition he was again named one of CoStar’s “Power Brokers” in Houston for the last 13 years and Houston Business Journal’s “Heavy Hitter” designation the last ten years. Eric has completed over 317 leases in the last five years.

Some of the more recent noteworthy leases completed include: BHP Billiton 586,000 SF energy XXi 78,000 SF Shaw Facilities, Inc. 312,564 SF aeGIS Mortgage 77,000 SF NRG Energy 245,000 SF Gulf Interstate 75,308 SF KBR 216,000 SF state Farm 58,000 SF GE Oil & Gas 202,000 SF eRM Southwest 56,000 SF SBM/IMODco 186,540 SF IBM 55,000 SF Waste Management 181,000 SF Dashiell Corporation 53,863 SF Locke Lord 145,000 SF National Oilwell Varco 51,720 SF Jacobs Engineering 141,000 SF Gallagher Healthcare 51,266 SF Lockheed 136,000 SF environmental Resources 49,000 SF Cooper Cameron 101,278 SF Dupont 42,189 SF

Eric is responsible for achieving numerous owners’ goals of leasing with a focus on newly developed and distressed assets with low occupancy to stabilized occupancy resulting in the successful dispositions of the assets.

PROFESSIONAL AFFILIATIONS/RECOGNITION Eric is an active member of numerous Board of Directors and charitable organizations. Eric serves on the Board of Directors of Transwestern.

EDUCATION Eric has a bachelor’s degree in marketing from the University of Texas in Austin and holds a Texas real estate license.

PERSONAL Eric enjoys spending time with his family hunting, fishing and snow skiing as well as coaching his three sons various sports.

61 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

DOUG LITTLE Executive Vice President - Managing Director Office Services

TRANSWESTERN ROLE Doug structures and executes strategic national initiatives and serves institutional clients throughout Houston and the national market.

CAREER HIGHLIGHTS A 25-year industry veteran, Doug’s resume includes negotiations totaling over 10 million square feet with a total transaction value exceeding $700 million. These commercial office and industrial buildings have been located throughout the greater Houston area. He has been named one of Houston’s “Heavy Hitters” by the Houston Business Journal for the last ten years and was a finalist for the Houston Office Leasing Brokers Association Broker of the Year Award in 2006. Doug was named National Newcomer of the Year in 2010 with Transwestern. Prior to joining Transwestern, Doug served as Executive Vice President and Managing Director – Central Division with PM Realty Group, where he was responsible for all aspects of the Central Division’s 50 million square foot portfolio, and a top producer Nationally in Leasing.

Some of the most recent noteworthy leases completed by Doug include:

Shell Oil 250,000 SF Mustang Engineering 200,000 SF ConocoPhillips 189,390 SF Alliance Wood Group 150,000 SF Arnold White & Durkee 100,000 SF Det Norske Veritas 75,000 SF Pegasus 60,000 SF McDermott Engineering 40,000 SF

PROFESSIONAL AFFILIATIONS/RECOGNITION Doug is a member of the following organizations:

Houston Office Leasing Brokers Association (HOLBA) National Association of Industrial and Office Properties (NAIOP) Bay Area Houston Economic Partnership (BAHEP) Bay Area Management District – Board Member Building Owners and Managers Association (BOMA)

EDUCATION Doug received his Bachelor of Science degree from Texas Tech University, and is a licensed Real Estate professional in Texas.

62 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

PAUL WITTORF Vice President Office Services

TRANSWESTERN ROLE Paul serves as Vice President for the Houston Office Division of Transwestern. He is responsible for leasing office space citywide.

CAREER HIGHLIGHTS Since joining Transwestern in May of 2000, Paul has leased and marketed for clients in every major submarket in the city. From 2002 through 2006 Paul focused his career efforts on tenant representation and has successfully completed client transactions for El Paso Energy, Whitney National Bank and Priority Healthcare. Paul’s Tenant Advisory Services transactions since 2002 total over 350,000 SF with an aggregate value of over $45 million. Paul’s tenant representation experience gives him a well rounded perspective and has proven to be very valuable to his clients.

Select Completed Transactions 2010-2011:

BHP Billiton 554,365 SF Beirne Maynard & Parsons Law Firm 59,134 SF Horizon Wind Energy (CBD) 58,515 SF Martin Desiere Jefferson & Wisdom LLP (CBD) 39,183 SF Department of Mineral Management (North Belt) 24,000 SF Duane Morris Law Firm (Galleria) 19,575 SF Department of Homeland Security (North Belt) 13,310 SF Heard Robins Cloud & Black LLP (Greenway) 12,210 SF

PROFESSIONAL AFFILIATIONS/RECOGNITION National Top 10 in production 2010 Houston Top 3 in production 2010 Transwestern Champions Club 2010 Houston Business Journal Heavy Hitter 2010 A Top Producer Transwestern Houston 2009 Red News CRE Texas Rising Star 2009 Mentorship Program at Poe Elementary School, West University Bo’s Buddies Lifetime Member

EDUCATION Paul received his Bachelor of Business Administration degree in Real Estate from Baylor University. He is a licensed Texas Real Estate Salesperson.

63 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

SHANE CAWOOD Senior Property Manager Management Services

TRANSWESTERN ROLE As senior property manager, Shane directs the management operations of approximately 1 million square feet of Class “A” office located in the Houston area.

CAREER HIGHLIGHTS Beginning his career in commercial real estate in 2001, Shane has overseen and contributed to the leasing and management operations of approximately 7.6 million square feet of Class A Houston Downtown and Galleria high-rise office properties, a West Houston suburban mid-rise office portfolio and a Houston Memorial City medical, office and retail. He has extensive experience in building operations, financial reporting, training of personnel, tenant improvement, construction, management start-up and leasing for office and medical real estate services.

Since joining Transwestern in 2007, properties managed or directed by Shane were certified LEED- EB Gold (Pennzoil Place) and LEED-CS Silver (Westway II and III), won Houston BOMA “TOBY” Building of the Year (Kirkwood III - 2008), earned BOMA 360 designation (Pennzoil Place) or have led to client-nomination of Transwestern for the West Houston Chamber of Commerce 2012 “Star Award” (Memorial Hermann portfolio – 2011).

His management assignments have serviced such tenants as Shell Oil Company, GE Oil & Gas, Plains Exploration & Production, Cheniere Energy, Technip, Texon, Williams Companies, Rowan, Bracewell & Giuliani LLP, Andrews Kurth LLP, Locke Liddell & Sapp LLP, Mac Haik, Equastone, Deutsche Bank, Calpine, KPMG, JPMorgan Chase, Bank, Scotia Capital, Houstonian Lite, Alley Theatre Center and Memorial Hermann Hospital System.

Prior to joining Transwestern, Shane’s Class A Houston Downtown and Galleria high-rise office property management included Pennzoil Place (1.4 million square feet), JPMorgan Chase Tower (1.7 million square feet), Bank of America Center (1.5 million square feet) and Williams Tower (1.6 million square feet). Prior to beginning his real estate career in 2001, he served as an Executive Officer with the U.S. Army.

PROFESSIONAL AFFILIATIONS/RECOGNITION Shane is an active member of the following organizations:

• Building Owners and Managers Association • Institute of Real Estate Management – Certified Property Manager Candidate

EDUCATION Shane received his B.S. (Summa Cum Laude) from The State University of New York. He is also a licensed Real Estate Salesperson in Texas.

64 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

BRETT WILLIAMS, CPM® Vice President/Senior Property Manager Management Services

TRANSWESTERN ROLE Brett joined Transwestern in 2011 and is Senior Property Manager responsible for overseeing a portfolio of approximately 1 million square feet of commercial and retail properties in Houston, Texas.

CAREER HIGHLIGHTS Beginning his career in 1996, Brett has contributed and overseen the management of commercial office, retail, and industrial real estate in Houston as well as several other cities in Texas and the United States. Notable commercial Class A projects managed are San Felipe Plaza, Brook- hollow Central, Intercontinental Center, and Class B projects – 1300 Main and Northborough Tower. Notable mixed-use Class A projects include the Houston Pavilions managed on behalf of a receivership. Prior to joining Transwestern, he was a Senior Property Manager with Thomas Properties Group and Equity Office. His retail and industrial experience was with Weingarten Realty. In over 15 years of management, he has gained extensive experience in building operations, tenant improvement, capital planning, redevelopment of property, LEED certification, construction, financial reporting, and training and development of personnel.

His management assignments have serviced such tenants as Exxon Mobil, Pride International, NRG, Energy Transfer Partners, The Lockton Companies, Travelers Insurance, Siemens, Accen- ture, Logix Communications, Sterling Bank, NRG, BCBG, Forever 21, Luckystrikes, and House of Blues.

PROFESSIONAL AFFILIATIONS/RECOGNITION Brett is an active member of the following organizations:

Institute of Real Estate Management – Certified Property Manager Building Owners and Managers Association, Board of Directors – Houston Chapter TOBY International Winner -- 2001 Houston BOMA 2009 Principal Member of the Year Houston BOMA 2011 President Volunteer of the Year Chair – Houston BOMA Research Committee – 2007-2010

EDUCATION Brett received his BA in History from Texas Tech University.

Brett is a Certified Property Manager and a licensed Real Estate Broker in Texas.

65 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

STEVE ASH , CPM® Managing Senior Vice President Management Services

TRANSWESTERN ROLE Stephen is a member of Transwestern’s National Property Management Advisory Group and is also responsible for the property management and reporting activities of approximately 34 million square feet of commercial properties in Houston and Louisiana.

CAREER HIGHLIGHTS Beginning his career in 1988, Steve has contributed and overseen the management of real estate projects in commercial office, industrial, healthcare and retail properties including the 1.7 million square foot Four Oaks Place, the 1.55 million square foot Williams Tower, Marathon Oil Tower, One Shell Square, Greenspoint Plaza, 3D/International Tower, The Esperson Buildings, and the Lakes on Post Oak. Previously, he was an Asset Manager with NationsBank handling property management and disposition. He has extensive experience in building operations, financial reporting, training of personnel, tenant improvement, construction and leasing for office, industrial, retail and medical real estate services.

His management assignments have serviced such tenants as Exxon Mobil, Williams Companies, Huntsman, Van Kampen American Capital, Transwestern, Hines, Rowan Companies, Memorial Her- mann, St. Luke’s Episcopal Hospital, BHP and Gallagher Insurance.

PROFESSIONAL AFFILIATIONS Stephen is an active member of the following organizations:

• Institute of Real Estate Management • Building Owners and Managers Association, Past President – Houston Chapter (2006) • BOMA, Board of Directors – Texas, President (2012)

EDUCATION Stephen received his B.B.A. in Finance from Texas A & M University. Stephen is a Certified Property Manager and a licensed Real Estate Broker in Texas.

66 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

ELTON CRIBBS Senior Vice President/Senior Controller Finance and Accounting

TRANSWESTERN ROLE Elton oversees Houston’s financial and accounting services for approximately 140 third-party commercial and development properties located in over 10 states. He orchestrates the financial reporting, budgeting, and financial controls for the Houston and Chicago Transwestern offices. Currently Elton is supervising 25 accountants in Houston and 12 accountants in Chicago.

CAREER HIGHLIGHTS Elton has more than 25 years of financial services experience in real estate and Big 5 public accountancy. Prior to joining Transwestern, he was a senior controller for Hines.

EDUCATION Elton received his Bachelor of Science degree in accounting and Masters of Accountancy from Brigham Young University. He has been a Certified Public Accountant (CPA) for over 23years.

67 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

JERRY ALLEN Vice President Engineering and Construction

TRANSWESTERN ROLE As Vice President of Houston’s Engineering and Construction Services, Jerry is responsible for providing engineering training and supervision for the Houston suburban properties.

CAREER HIGHLIGHTS Jerry has over twenty-eight years of commercial real estate experience providing construction management supervision on capital projects during the last ten years of approximately $55 million. He currently supervises a portfolio consisting of 19 million square feet of office, industrial and retail in the Houston and surrounding areas.

Jerry is responsible for the implementation of Transwestern’s operating procedures including safety training and continuing education for engineering staff in the Houston area. He conducts physical site inspections, performs due diligence to provide reports on technical and operational issues. He also provides capital improvement recommendations on new property acquisitions/takeovers.

PROFESSIONAL AFFILIATIONS • 1997 BOMA Building of the Year – Judge • ASHRAE appointed member grade

EDUCATION Houston Licensed Stationary Engineer Houston License Maintenance Electrician Licensed Asbestos Inspector Refrigerant transition and recovery (CFC certification) High Rise Emergency Procedures City of Houston (certification)

68 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

MARK JOHNSON Project Manager - Construction Management Services

TRANSWESTERN ROLE As Project Manager-Construction for Transwestern’s Gulf Coast region, Mark is responsible for providing project management for Tenant Advisory Services and Property Management.

CAREER HIGHLIGHTS Mark recently joined the Transwestern team, bringing valuable skills in project management and construction honed in a number of fields. He has excelled in Facilities Management within the oil and gas industry, planning and coordinating various tenant construction projects in a number of states, as well as in Canada. He has experience in project estimating, re-location and construction management in all building classes. Most recently, Mark was involved in a start-up company, managing various construction contracts and other procurement functions. In addition, Mark has been involved in lease negotiations, internal & exter- nal security system development and records management. He is bilingual in Spanish.

At Transwestern Mark has completed projects for Memorial Hermann Hospital System, Principal Real Es- tate, St. Luke’s Episcopal Hospital System, KBS, and other institutional and private investors. He continues managing construction and related projects across a broad spectrum of properties.

EDUCATION BSBA: Finance & Data Processing (Spanish minor) - Geneva College MBA: Finance – Mercer University

69 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

RUSTY BAILEY Assistant Property Manager Facilities & Management Services

TRANSWESTERN ROLE Rusty joined Transwestern in 2011 as Assistant Property Manager assisting with the management of approximately 1 million sq. ft. of office and retail properties in Downtown Houston.

CAREER HIGHLIGHTS Rusty started his career in Property Management in 2009 and has been involved in the Management and operation of commercial office and retail properties in Houston and The Woodlands. Most notably, Rusty was involved in the operations team at San Felipe Plaza and Bookhollow Central, two Class A Commercial properties located in the Houston Area. Most recently he has been involved in the repositioning of a 1300 Main, a 500,000 sq. ft. downtown office property.

Management assignments have serviced such tenants as NRG, Pride International, Energy Transfer Part- ners, Forever 21, Truth Oil and House of Blues.

PROFESSIONAL AFFILIATIONS Rusty is an active member of Building Owners and Managers Association – Houston Chapter.

EDUCATION Rusty received his BA in Business Management from Sam Houston State University Rusty is a licensed Real Estate Salesperson in Texas.

70 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

71 TRANSWESTERN AGENCY LEASING AND MANAGEMENT SERVICES PROPOSAL

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