MOST RECENT RENDERING OF RE-DEVELOPMENT PLANNED DEVELOPMENT Total Project Size: ± 454,569 square feet Tower: ± 424,594 square feet OPPORTUNITY OVERVIEW Tower (FAR): ± 312,758 square feet Parking (265 Stalls, 2 flrs) ±111,836 square feet Bridgford Foods Corporation is a California-based, publicly traded Residential (FAR): ±272,753 square feet company with approximately 500 employees worldwide. Its products Residential NRSF: ±222,081 square feet are sold in all 50 states, Canada and several overseas markets. The Company’s common stock (9.1 million shares outstanding) is traded Retail GSF: ±40,005 square feet on the NASDAQ National Market System under the symbol “BRID.” Retail NRSF: ±38,967 square feet There are approximately 875 shareholders. Members of the Bridgford family own or control more than 80% of the common stock, and many members of the extended Bridgford family hold key management positions in the Company. INTERNATIONAL BRANDS IN FULTON MARKET Bridgford’s plant, which employs over 200 full time workers at the site, has outgrown its existing facility. In an effort to continue the OFFICE company’s expansion, Bridgford is currently building a new facility in south Chicago. As a result, it is considering alternative strategies for its Chicago facility, dubbed “Lake & Green”.

– 2 Lake & Green was re-entitled in Q1 2015 and completed in December

of 2016 to allow for a mixed-use project, pictured to the right. The – 3 larger redevelopment at 170 N. Green Street would abut Peoria Street on the west, Lake Street on the north, and Green on the east. Consisting of a glass and metal window system with precast concrete HOTEL and masonry, it would contain approximately 314 rental units, varying from studio apartments to three-bedroom units (including penthouse suites). Parking would be located on the second and third level podium with ground floor retail (approx. 40,000 sq ft). The building would sit just north of the new Nobu Hotel property at Peoria and Randolph. Building access would be provided for pedestrians at the main entrance located midblock on Green Street across from the new 635,000 SF office tower currently under construction at 167 N. Green St. Vehicular access would be provided via Peoria St. RETAIL Shortly after completion of Bridgford’s entitlement, then-Mayor Rahm Emanuel introduced a new ordinance modifying Chicago’s Downtown District boundaries allowing users and developers to purchase more FAR and height. The new zoning would potentially offer the ability to re-entitle and add more density. Ownership is seeking proposals for a long-term ground lease, but will consider iterations of a sale, partial sale, joint venture or lease. ORIGINAL RENDERINGS OF RE-DEVELOPMENT – 4 – 5

BEST SITE IN FULTON MARKET LEFT FOR RE-DEVELOPMENT SURROUNDED BY WORLD-CLASS HOTELS ACROSS THE STREET FROM TWO OF THE MOST HIGHLY TRANSIT-ORIENTED DEVLOPMENT With the scarcity of real estate in Fulton Market, Lake & Green delivers Lake & Green is adjacent to Chicago’s first Nobu Hotel, a hospitality brand ANTICPATED DEVELOPMENTS IN THE SUBMARKET Lake & Green is located less than two blocks east of the CTA Morgan Station 62,711 square feet of land at a prime corner, situated less than a block south co-owned by Robert DeNiro with locales throughout Europe, Asia, and the Related’s multifamily development at 170 N. Peoria, immediately west of the Green Line stop, less than half-a-mile from Ogilvie Transportation Center, and of the namesake street and less than a block north of Randolph, the hub U.S., which features 115 rooms, an event space, and a gourmet restaurant property, will stand 37-stories tall, which would make it the tallest building 0.6 miles from Union Station. of activity in the neighborhood known throughout the city as “Restaurant from co-owner Chef Nobu Matsuhisa. Across the street from the property is the heart of Fulton Market thus far. Immediately east of the property, Row.” the recently completed Hoxton Hotel, a 182-room luxury hotel with locations the development at 167 N. Green will boast 35,000 SF of retail, along with in , Amsterdam, , New York and LA. 600,000 SF of office space, with co-working conglomerate WeWork already ROBUST ZONING IN-PLACE WITH ABILITY TO ADD FAR committing to lease 140,000 SF. After the upzoning was achieved, the Department of Planning released a map indicating it would support a re-zoning of the Property to “bonus” up to an 8.1 FAR. PROPERTY DESCRIPTION Address Land SF Zoning Pins Taxes (2017) 170 N. Green St. Chicago, IL 60607 62,711 C2-5 Mixed Use Residential 17-08-433-001-0000 Total: $105,344.81 17-08-433-002-0000 Building Type Parking FAR (C2-5 Zoning) 17-08-433-003-0000 Taxes (2018) 4-Story Industrial Food Processing 20 surface spots 4.99 17-08-433-004-0000 Total: $103,738.90 17-08-433-005-0000 Year Built Docks Frontage 17-08-433-006-0000 1903 (additions in 1905, 1910, 3 (external) 252’ - W. Lake St. 17-08-433-011-0000 1911, 1924, 1981, 1982, 1987, 1998) 270’ - N. Green St. 17-08-433-012-0000 Drive-Ins 230’ - N. Peoria St. 17-08-433-017-0000 Building SF 4 – 12’ wide x 10’ high 17-08-433-018-0000 156,000 Ward/Alderman 27th/Walter Burnett, Jr. – 6 – 7 – 9 – 9 –

– 8 – FULTON MARKET DINING NOTABLE RESTAURANTS, RESTAURATEURS & CHEFS MARKET OVERIVEW Au Cheval Brendan Sodikoff FULTON MARKET The Aviary A former factory, wholesale and warehouse mecca Grant Achatz just west of the Kennedy Expressway and parallel Bad Hunter to Chicago’s Loop, Fulton Market has turned Chef Dan Snowden into Chicago’s fastest growing neighborhood and Bar Siena is nationally recognized as one of the coolest Chef Fabio Viviani submarkets in the United States. Bonci Chef Ganriele Bonci Still somewhat industrial and gritty, a slew of new sleek restaurants, retail, hotels, office towers, residential buildings and design boutiques City Winery give the area its creative-edginess. Mark Mendez

Lake & Green is located within this eclectic hub, just one block north Formento’s of Randolph Street, aptly named “Restaurant Row,” as one can walk Chef Todd Stein

– 10 down the thoroughfare and taste food from all corners of the world. From award-winning sushi to sport bars, bakeries to breweries, wine- Girl and the Goat

tasting to taquerias, Fulton Market offers a diverse selection of Chef Stephanie Izard – 11 cuisine from internationally renowned chefs, such as Top Chef winner Stephanie Izard, Mexican cuisine innovator Rick Bayless, celebrated Green Street Smoked Meats pizzaiolo Gabriele Bonci, and three-Michelin-starred chef Grant Brendan Sodikoff Achatz. Leña Brava The property is also located in the heart of Chicago’s development Chef Rick Bayless boom, with 7,211,100 square feet of office, more than 5,000 residential units and numerous hotel brands existing, under construction or Little Goat Diner planned all in close proximity. Several of the most prolific developments Chef Stephanie Izard are immediately adjacent to Lake & Green, including Nobu Hotel, a 115-room luxury hotel, 170 N. Peoria, a 37-story residential tower with Maude’s Liquor Bar 300 units, and Spectre, a 635,000 SF office development. Brendan Sodikoff Several international brands also call Fulton Market “home”. Google’s Nia Chicago office is stationed at 1000 W. Fulton, leasing 450,000 square Nia Asimis feet in the 10-story building, with another 132,000 square feet coming at 210 N. Carpenter. McDonald’s moved its corporate offices from The Publican suburban Oak Brook to its state-of-the-art $250 million, approximately Paul Kahan 500,000-square-foot offices at 1035 W. Randolph in 2018. Other corporations which have moved or will be moving to Fulton Market Sushi Dokku include Coca-Cola (7,400 SF), Mondelez International (83,000 SF), Susan Thompson/Angela Hepler-Lee Glassdoor (122,000 SF between two buildings), and Uber (12,000 SF). Swift & Sons Boka Restaurant Group DEMOGRAPHICS Within a 0.5 mile radius of Lake & Green

John Hancock Employees working within Center Navy Pier Trump Tower Aon Center the 0.5. mile radius STREETERVILLE Willis Tower 45,503 GOLD COAST Percentage of residents belonging to the RIVER NORTH Millennial generation THE LOOP 58.3% Percentage of residents who have obtained a Bachelor’s degree or higher 88.8% – 13 Average household income, 2019 WEST LOOP $159,598

Average value of owner- $475,922 occupied housing units, 2019

Percentage of civilian population, ages 16+, who are employed 97.6%

FULTON MARKET 1375 W. Fulton DEVELOPMENTS Under construction 315k SF office 1200 W. Fulton Site of planned 1.2M SF office In the past 10 years, Fulton Market has established itself as Chicago’s most desirable neighborhood for new developments.

210 N. Carpenter Chicago Office Google expanision 330 & 360 N. Green 3,572,100 Site of combined 1.17M SF offices square feet completed since 2017

215 N. Peoria GR333N Headquarters Under construction 90k SF office Under construction 400k SF office 170 N. Peoria Site of planned 343k SF residential 3,325,600 Hoxton Hotel square feet currently under construction

Nobu Hotel The Parker Spectre Under construction 635k SF office 7,510,655 square feet planned for development

Union West Under Construction 428k residential KEELY POLCZYNSKI Senior Vice President +1 312 861 7870 [email protected] OLIVER JACKSON Analyst +1 312 540 4640 [email protected] RICHARD BRIDGFORD Local Contact [email protected]

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