2400 SOUTH GRAND SAA AA, CALFORA FOR SALE OR LEASE | A Class A, Cross Dock/Distribution Facility in the heart of Orange County, EXCLUSIVE CONTACTS: MICHAEL HARTEL JOE WINKELMANN NICK VELASQUEZ Executive Vice President Senior Vice President Senior Associate Lic #01031013 Lic #01259378 Lic #014946515 Dir +1 949 724 5700 Dir +1 949 724 5704 Dir +1 949 724 5707 [email protected] [email protected] [email protected] EXECUTIVE SUMMARY

Colliers International is pleased to present the exceptional opportunity to aquire 2400 S. Grand Avenue (the “Property”), a Class “A” distribution/cross dock facility. The Property is located in Santa Ana, California, bordering Tustin and Irvine in the heart of Orange County’s premiere Airport Area industrial submarket. Consisting of approximately 169,274 square feet and situated on 8.6 acres of land, the building size is flexible with a possible expansion to 174,932 square feet.

This freestanding building features rare cross dock loading with twenty dock high loading doors and four ground level loading doors, and has a fenced/secured yard. This premiere location offers immediate access to the 55 Freeway, and is only five minutes from and numerous shopping, dining and lifestyle amenities.

COLLIERS INTERNATIONAL Licensed as Real Estate Salespersons by the CA Bur of Real Estate. 3 Park Plaza, Suite 1200 ©2016 Colliers International. The information contained herein has Irvine, CA 92614 been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. www.colliers.com PROPERTY SUMMARY

PROPERTY DESCRIPTION ADDRESS: 2400 S. Grand Avenue Santa Ana, CA 92705 APN: 016-150-71 SITE AREA: ±8.6 acres of land / ±374,616 SF ZONING: M-1 Industrial SIZE: Building ±169,274 SF Expandable to ±174,932 SF Office ±15,000 SF Warehouse ±154,000 SF PARKING: 1.8:1,000 (±304 spaces) YEAR BUILT: 1997 CONSTRUCTION TYPE: Concrete Tilt-Up POWER: ±1200 Amps, 120/208 Volts FIRE SPRINKLERS: .60 GPM per 3,000 SF LOADING DOORS: 20 DH (expandable) / 4 GL CEILING HEIGHT: 32’ - 34’ YARD: Fenced/secured with trailer storage

6 | COLLIERS INTERNATIONAL CROSS DOCK LOADING: TRANSPORTATION:

The Property is a rare cross dock facility which is ideal The property is conveniently located two minutes from the for distribution companies seeking to streamline business Grand-Warner (59) Metrolink bus stop and only four miles processes. The consolidated layout of a cross dock facility from the Tustin Metrolink Station which provides employees can help reduce inventory, labor and shipping costs saving easy access to Los Angeles, San Bernardino, Riverside, and businesses valuable time and money. San Diego Counties.

CORNER LOCATION: Situated on the southwest corner of Grand Avenue and 7

E Warner Avenue, this highly visible location is seen by PROPERTY SUMMARY approximately 23,467 cars each day.

EXCELLENT FREEWAY ACCESS:

With access to the 55 Freeway only one block away, the Property is centrally located within minutes of the 5, 405 Freeways and State Route 261.

AMENITIES:

2400 Grand is only 2.2 miles from Tustin Legacy a master planned development including 1 million square feet of retail, dining, and entertainment venues. The community which inlcudes over 2100 planned dwelling units is adjacent to an urban regional park with immediate access to jogging trails.

2400 S. GRAND AVENUE | SANTA ANA, CA | 7 AERIAL VIEW

8 | COLLIERS INTERNATIONAL PROPERTY SUMMARY 9 9 2400 S. GRAND AVENUE | SANTA ANA, CA | | SANTA 2400 S. GRAND AVENUE PARCEL MAP PARCEL AREA OVERVIEW

PREMIER AIRPORT AREA LOCATION >> Central to all of Orange County >> Close proximity to high-end executive housing and strong labor pool >> Easy access to public transportation >> Proximity to Ports of Los Angeles (miles) and Long Beach (miles). Port of Los Angeles & Long Beach ranked #1 & #2 (respectively) in the U.S. and combined they rank #9 worldwide. >> Connectivity to the region’s primary logistics infrastructure: 55 Freeway, 5 Freeway, 91 Freeway, 57 Freeway >> Nearby John Wayne Airport (miles), Long Beach Airport (miles) and LAX (miles)

ABOUT ORANGE COUNTY: ECONOMY:

Located along Califonia’s southern coast and set against the backdrop of Orange County is home to a number of restaurant headquarters, clothing the Santa Ana mountains, Orange County is the third largest county in the brands, pharmaceutical companies and technology firms that are part state by population with over 3 million residents. The area’s fertile lands and of the so-called Tech Coast. Five Fortune 500 and eight Fortune 1000 mild Mediterranean climate have made it ideal for surfing, beach volleyball, corporations are located in Orange County’s major cities, including Irvine, and agricultural pursuits that boost the economy and attract visitors from Lake Forest, Santa Ana and Newport Beach. The county’s gross domestic around the world. Orange County is one of the wealthiest parts of Southern product exceeds $210 billion and taxable sales total $61.9 billion each year. California with a median family income higher than the national average Local businesses and tourism power the economy employing over 140,000 and state average, and unemployment rates lower than any other major people and producing $9.6 billion annually. The area also has a booming metropolitan area in the state. Orange County is one of the most densely retail business driven by five of the region’s largest malls and shopping populated areas in the United States at 3,807 residents per square mile centers representing approximately one-fifth of all Orange County visitor with exceptionally affluent demographics providing access to executives and spending. The Mall alone, a 2.7 million square foot employees. shopping destination with more than 375 shops and restaurants, reports $1.3 billion in annual revenue making it the hightest grossing shopping center in the U.S.

12 | COLLIERS INTERNATIONAL PROPERTY DESCRIPTION 13 PORT OF LOS ANGELES & PORT OF LONG BEACH: OF LONG & PORT ANGELES OF LOS PORT of Los the Ports through imported are products the nation’s 40% of these 40% of and roughly Angeles (POLA) (POLB), and Long Beach ports are These sister . bound for imports are of Los ports in North America. The Ports busiest two the individually million 15.4 total of nearly a 2015 Angeles and Long Beach reported of Los Angeles the Port - Units (TEUs) Equivalent Twenty-Foot of Long the Port 8.2 million TEUs, while approximately for accounted million TEUs. Beach handled almost 7.2 to be able 5 years the next $1 billion over to invest The POLA plans as Super known containers, 13,000 ships carrying accommodate of Los Angeles and Long Beach Panamax megaships. The Ports Post that will be post-Panamax ready. U.S. ports the only of two are US 5.3% 4.1% 86.3% 29.3% $53,482 308,745,538 321,418,820 31% 6.2% 5.1% 81.5% $61,489 39,144,818 37,253,956 CALIFORNIA 84% 4.0% 5.3% 37.3% $75,998 COUNTY ORANGE 3,169,766 3,010,232 2 1 Bachelor’s Degree Degree Bachelor’s Higher or Unemployment High School Graduate Population 2015 Population (Estimated) Growth Population Median Household (2010-2014) Income Population 2010 Population QUICK FACTS John Wayne Airport which is undergoing a $543 million renovation. a $543 million renovation. Airport which is undergoing John Wayne the airports annual C will increase Terminal completed The newly to offer the airport to 10.8 million and will allow capacity passenger the to airports located in close proximity international lights. Other Long Beach, LAX and Ontario. are Property Established as an airfield in 1929, John Wayne Airport has grown Wayne Airport has grown John Established as an airfield in 1929, Airport offers Wayne John into a state-of-the-art aviation facility. 11 travelers and business tourists, residents, County Orange airlines, and 23 non-stop commuter three carriers, commercial John Wayne annually, million passengers destinations. Serving 9.6 access with convenient County located in Orange Airport is centrally tourist destinations. and centers to hotels, conference JOHN WAYNE AIRPORT: JOHN WAYNE 1 Source: http://www.census.gov/quickfacts/ http://www.census.gov/quickfacts/ 1 Source: Department Development CA Employment 2 Source: JOHN WAYNE AIRPORT

REGIONAL MAP

14 | COLLIERS INTERNATIONAL PROPERTY SUMMARY 15 15 2400 S. GRAND AVENUE | SANTA ANA, CA | | SANTA 2400 S. GRAND AVENUE MAP LOCATION 32 7 33

31 27 29 11 19 28 16 8 35 30 21 24 23 3 5 36 12 22 20 34 37 6 18 17 4 10 13 9 2 1 25 14 SITE

15

NEARBY DEVELOPMENTS, NEIGHBORS AND AREA AMENITIES

SHOPPING & DINING Course 22. Main & Jamboree 34. Pacific Life Insurance 45. Radisson Hotel Newport 1. Von Karman Plaza 12. Bill Barber Community Park 23. 18872 MacArthur Blvd 35. Western Digital Beach 2. The District 13. Sandpointe Park 24. 2301 Campus Dr 36. Ernst & Young 46. WyndDAFUQ Irvine OC 3. Westpark Plaza 14. Lillie King Park 25. Amalifi 37. PricewaterhouseCoopers Airport 4. South Coast Plaza 15. Delhi Park 26. Anton Legacy 47. Embassy Suites Irvine 5. Harvard Place 16. Boomers! Irvine 48. Extended Stay America MAJOR EMPLOYERS 6. Diamond Jamboree HOTELS 49. Crowne Plaza Costa Mesa 27. Google 7. Fashion Island 38. Atrium Hotel at OC Airport 50. Hilton Orange County 28. Tower Jazz APARTMENT DEVELOPMENTS 39. Fairmont Newport Beach 8. Park Place 29. Aon Hewitt 17. Irvine Gateway 40. Hilton Irvine 30. Allergan, Inc. RECREATION 18. The Alton 41. Irvine Marriott 31. Mindspeed Technologies 9. AMC Tustin 14 19. Park Place 42. Residence Inn Irvine 32. The 10. Bowlmor Orange County 20. Metropolis 43. Courtyard Irvine 33. PIMCO 11. Rancho San Joaquin Golf 21. Elements 44. Hyatt Regency Irvine

16 | COLLIERS INTERNATIONAL SECTION X 17 17 6,000 2.9% 41,700 379,200 449,200 -20 BPS -20     Transportation, Transportation, Trade & Utilities Trade 7.3% $0.03 $0.74 NNN $0.74 Accelerating success. Accelerating -1,400 Orange County, Q2 2016 County, Orange 2400 S. GRAND AVENUE | SANTA ANA, CA | | SANTA 2400 S. GRAND AVENUE     Orange County Industrial Market County Orange Q2 2016 Forecast Orange County, Q2 2016 County, Orange Relative to prior period to prior Relative 16.7% -0.89% 2.3% 14,700 Construction Manufacturing Orange County, Q2 2016 County, Orange (Basis Points) Net Absorption Construction Completions Construction Under Y.O.Y. Change (%) Y.O.Y. Average Asking Rent Average ‘16 Q1 Change from Vacancy Rate Vacancy Change from Q1 ‘16 Change from Rental Rate Rental Net Absorption Construction Vacancy 12-mo Employment 12-mo (%) Growth Actual 12-mo Employment Change Summary Statistics | Summary | Asking Rents | Force Labor County Orange | Indicators Market Rents Rise As Industrial Space Remains Scarce Remains Space Industrial As Rise Rents Average asking rents continue to rise, up $0.04 PSF NNN rise, up $0.04 PSF to continue asking rents Average SF of net absorp- 449,200 demand was positive Industrial the Airport to delivered SF of new construction 379,200 2.9%. at only historic lows near remains rate vacancy The industrial tight and quality remain conditions As market > Orange County industrial market conditions remain at his- remain conditions industrial market County Orange demand is a strong there Although levels. healthy torically challenged with are new industrial buildings, developers for costs. As development finding available infill sites and rising being sold as land are industrial properties many a result, to converted or redevelopment residential multi-family for Industrial cost alternative. lower projects as a office creative to deplete. to continue is expected product technology to handle niche has evolved The industrial market on is focused The market retail. hub industries and specialty a large that have buildings manufacturing value-add smaller to tend industrial space for As such, rents R&D component. to neighboring markets. compared County in Orange be higher Orange County Industrial Market County Orange Key Takeaways Key > quarter. previous the (4.2%) over > tion recorded. > this space was Much of submarkets. and North County Area completion. to construction prior pre-leased > the in to find hard increasingly industrial space is Quality marketplace. industrial County Orange > rates that asking rental it is expected scarce, space remains 2016. year-end to 4% by 3% another will rise by > ORANGE COUNTY | INDUSTRIAL | COUNTY ORANGE Q2 2016 Research & Research Report Forecast The vacancy rate remains near historic lows at only 2.9%. 2.9%. at only historic lows near remains rate vacancy The the to find in hard space is increasingly industrial Quality industrial marketplace. County Orange industrial space tight and quality remain conditions As market will rise rates that asking rental it is expected scarce, remains 2016. year-end to 4% by 3% another by Industrial demand was positive with 449,200 square feet of net feet of square with 449,200 Industrial demand was positive absorption recorded. the to delivered feet of new construction square 379,200 this space Much of submarkets. and North County Airport Area completion. construction to prior was pre-leased Average asking rents continue to rise, up $0.04 PSF NNN to rise, up $0.04 PSF continue rents asking Average quarter. the previous (4.2%) over > > > > > > > > > KEY TAKEAWAYS > ORANGE COUNTY INDUSTRIAL MARKET INDUSTRIAL COUNTY ORANGE OVERVIEW Q2 2016 at historically remain conditions industrial market County Orange new industrial for demand is a strong there Although levels. healthy challenged infill with finding available are buildings, developers industrial many As a result, costs. sites and rising development residential multi-family as land for being sold are properties lower projects as a office to creative converted or redevelopment to to continue is expected product Industrial alternative. cost deplete. technology to handle niche evolved has The industrial market on is focused The market retail. specialty hub industries and R&D a large that have buildings manufacturing value-add smaller in to be higher tend industrial space for As such, rents component. to neighboring markets. compared County Orange TOURISM ORANGE COUNTY TOURISM:

The OC has many natural attractions. The county’s spectacular 40-mile coastline is dotted with affluent residential communities, dazzling piers and major port cities, including Newport Beach and Huntington Beach, which is affectionately called Surf City, U.S.A. Each year, 44.4 million visitors travel to Orange County to soak in the sun and see the sights. At the cornerstone of Orange County’s tourism industry is the Disneyland Resort, home to Disneyland and California Adventure. The Disneyland Resort’s combined operations 19 employ over 25,000 people making the Walt Disney SECTION X Company Orange County’s largest single employer.

SANTA ANA, CALIFORNIA:

At the center of Orange County and situated adjacent to the Santa Ana River, ten miles from the Pacific Coast is the City of Santa Ana. Incorporated a as a city in 1886, Santa Ana is the second largest city in Orange County covering 27.2 square miles making it the eleventh largest city in California. Santa Ana is the financial and governmental center of the county and recent competition with its fast growing neighbor, the city of Irvine in regards to commercial growth.

Santa Ana attractions include of Cultural Arts, Discovery Science Center, , Historic , Santa Ana Artists’ Village, Old Courthouse Museum and more.

2400 S. GRAND AVENUE | SANTA ANA, CA | 19 2400 SOUTH GRAND SAA AA, CALFORA

EXCLUSIVE ADVISORS:

MICHAEL HARTEL Executive Vice President Lic #01031013 Dir +1 949 724 5700 michael.hartel@colliers.

JOE WINKELMANN Senior Vice President Lic #01259378 Dir +1 949 724 5704 [email protected]

NICK VELASQUEZ Senior Associate Lic #014946515 Dir +1 949 724 5707 [email protected]

COLLIERS INTERNATIONAL 3 Park Plaza, Suite 1200 Irvine, CA 92614 www.colliers.com