O F F E R I N G S U M M A R Y

The OfferingRetained on an exclusive basis, Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer qualified investors the opportunity to acquire Plaza at Solana (the “Property”), a four-building, 360,883 square-foot Class A office complex with a neighborhood retail amenity offering boasting 87.3% occupancy. The Property is positioned in DFW’s demographic leading submarket, Westlake, TX amongst Dallas/Fort Worth’s largest corporate campuses including Deloitte, Fidelity, TD Ameritrade, and Charles Schwab. Situated conveniently in a highly attractive mixed-use environment inclusive of recently completed expansive outdoor amenity space and landscaping improvements, Plaza at Solana provides the security of spacing though suburban living with all the amenities of an urban lifestyle.

2

EXECUTIVE SUMMARY

Offering Overview

BUILDING

oneADDRESS

1301 Solana Blvd, Building 1 Westlake, Texas, 76262

RENTABLE AREA

148,555 SF (All Off ice)

OCCUPANCY

91.6% Occupied

WALT

4.7 Years

BUILDING

twoADDRESS

1301 Solana Blvd, Building 2 Westlake, Texas, 76262

RENTABLE AREA

167,000 SF (All Off ice)

OCCUPANCY

92.7% Occupied

WALT

4.7 Years

BUILDING

fourADDRESS

1301 Solana Blvd, Building 4 Westlake, Texas, 76262

RENTABLE AREA

Off ice: 23,032 SF Retail: 22,296 SF

OCCUPANCY

Off ice: 18.2% Occupied Retail: 90.7% Occupied

WALT

2.7 Years

360,883 SFRENTABLE AREA

87.3%TOTAL OCCUPANCY

20.43ACRES

1987–1988YEAR BUILT

4.6 YEARSWALT

TOTAL PARKING:1,324 Spaces (3.73/1,000 SF)

*ENTITLEMENT FOR100 more spaces (4.0/1,000 SF)

3

Investment Highlights

Highly-Amenitized Corporate Campus

Recently Renovated, Market Leading Amenity Package

Substantial Discount to Replacement Cost

Robust Leasing Activity

Positioned for Growth

The greater Solana Business Park is a 233-ACRE MASTER PLANNED OFFICE PARK designed by award-winning architect Ricardo Legorreta, situated along the Hwy 114 corridor

Efficient 30,000 - 34,000 SQUARE-FOOT floorplates

ADJACENT 294-ROOM Marriott Solana and STATE-OF-THE-ART Larry North Fitness Center

Over $6.6 MILLION in recent upgrades designed by SWA Group

Stunning landscaping and 2.5 MILES OF WALKING AND RUNNING PATHS

21K SF OF NEIGHBORHOOD RETAIL with three restaurants and outdoor green space

The Property is expected to trade BELOW 60% OF REPLACEMENT COST on a per square foot basis

Rare opportunity to purchase one of DFW’S MOST ICONIC office campuses

LOW FLOOR-TO-AREA RATIO of approximately 41% on 20 acres of land

OVER 200,000 SF OF LEASE EXECUTIONS/RENEWALS within the last 24 months

OVER 56% of the office tenancy is Investment Grade

15% INCREASE IN LEASE RENTAL RATES over last 5 Years

BELOW MARKET RENTS combined with recent expansive growth along Hwy 114 position the new owner for substantial growth in rent and leasing activity

Building 4 offers a UNIQUE VALUE ADD OPPORTUNITY for an end user looking for an owner-occupied experience, or to multi tenant

4

EXECUTIVE SUMMARY

Investment Highlights

Highly-Amenitized Corporate Campus

Recently Renovated, Market Leading Amenity Package

Substantial Discount to Replacement Cost

Robust Leasing Activity

Positioned for Growth

The greater Solana Business Park is a 233-ACRE MASTER PLANNED OFFICE PARK designed by award-winning architect Ricardo Legorreta, situated along the Hwy 114 corridor

Efficient 30,000 - 34,000 SQUARE-FOOT floorplates

ADJACENT 294-ROOM Marriott Solana and STATE-OF-THE-ART Larry North Fitness Center

Over $6.6 MILLION in recent upgrades designed by SWA Group

Stunning landscaping and 2.5 MILES OF WALKING AND RUNNING PATHS

21K SF OF NEIGHBORHOOD RETAIL with three restaurants and outdoor green space

The Property is expected to trade BELOW 60% OF REPLACEMENT COST on a per square foot basis

Rare opportunity to purchase one of DFW’S MOST ICONIC office campuses

LOW FLOOR-TO-AREA RATIO of approximately 41% on 20 acres of land

OVER 200,000 SF OF LEASE EXECUTIONS/RENEWALS within the last 24 months

OVER 56% of the office tenancy is Investment Grade

15% INCREASE IN LEASE RENTAL RATES over last 5 Years

BELOW MARKET RENTS combined with recent expansive growth along Hwy 114 position the new owner for substantial growth in rent and leasing activity

Building 4 offers a UNIQUE VALUE ADD OPPORTUNITY for an end user looking for an owner-occupied experience, or to multi tenant

5

Investment HighlightsDynamic Westlake/Southlake Location

5.3M SFCLASS A OFFICE

3.1M SFOF CORPORATE HQ’S

5 FORTUNE 1000 COMPANIES

CONSISTENTLY RANKED AS ONE OF AMERICA’S

WEALTHIEST CITIES AND “SUPER ZIPS” BY FORBES

10 MINUTESFROM DFW

INTERNATIONAL AIRPORT

140K SFOF RETAIL UNDER CONSTRUCTION WITHIN

2-MILE RADIUS TO SATISFY DEMAND

$31.67 5.0% YoY Growth

$20.00

$22.00

$24.00

$26.00

$28.00

$30.00

$32.00

$34.00

2013 2014 2015 2016 2017 2018 2019

Westlake / Grapevine Rental Rate Far North Dallas Las Colinas Richardson

CLASS A RENTAL RATES – DALLAS / FORT WORTH

BEST IN CLASS DEMOGRAPHICS

HIGHEST AVERAGE CLASS A RENTAL RATE GROWTH AMONG SUBURBAN SUBMARKETS

DALLAS/FORT WORTH OUTPACES THE NATION’S AVERAGE ANNUAL RENT GROWTH

BY MORE THAN DOUBLE

45%2010-2019

POPULATION GROWTH WITHIN A 5-MILE RADIUS

$216,220AVERAGE

HOUSEHOLD INCOME WITHIN A 1-MILE RADIUS

$731,751MEDIAN HOME VALUE

WITHIN A 1-MILE RADIUS

TD AMERITRADEFIDELITY INVESTMENTS

6

EXECUTIVE SUMMARY

26,000-AcreMaster-Planned Community

3M SF of O�ce Developments30M SF of Industrial Developments

WESTLAKE ENTRADA100+ Townhomes & Villas

Retail, Restaurants, O�ce Space3,500-Seat Performance Hall

(Under Construction)

TOWN OF TROPHY CLUB4,200 Households

GRANADA WESTLAKE84 Single-Family Homes

($1.2+ Million)

MARRIOTT SOLANA294-Room Full Service Hotel

TROPHY WOODDISTRICT

WESTLAKE#1 Most A�uent U.S.

Town (Forbes)

THE KNOLLS AT SOLANA BY

WILBOW56 Single-Family

Homes ($1.2+ million)

SOUTHLAKEAvg Household Income

$260,000

FUTURE LUXURY TOWNHOME

DEVELOPMENT

525-Acre Gated Community and Tom Fazio Golf Course

2,500-Acre Mixed-Use Development

715,000-SF Campus

FIDELITY INVESTMENTS618,000-SF

Campus 1.2 Million SF HQ (Under Construction)

190,000-Capacity NASCAR & IndyCar Venue

TD AMERITRADE 355,000-SF

Campus 200,000-SF

Campus

SOLANA FITNESS CLUB

38,000-SF Facility Operated by Larry North Fitness

TERRACEAT SOLANA

1.1-Million-SF O�ce

VARISPACESOUTHLAKE

380,000-SF O�ce

MARR IOT TD A L L A S / F O R T W O R T H | W E S T L A K E

102,160 VPD

PLAZA AT SOLANA339,000 SF of O�ce,22,000 SF of Retail

7

8

EXECUTIVE SUMMARY

9

Dallas-Fort Worth ResiliencySUPERIOR JOB

RECOVERY DFW ONLY LOST 3.7% OF ITS JOB

BASE, THE 3RD LEAST AMONG US’ MSAS. AS OF JUNE 2020, DFW HAS RECOVERED THE 3RD MOST JOBS (35%) BEHIND LA AND NY.

CORPORATE RELOCATION ACTIVITY

SINCE THE BEGINNING OF 2019, THE CHAMBER OF COMMERCE HAS RECEIVED 60 CALLS PER MONTH ABOUT CORPORATE RELOCATIONS,

THE MOST EVER EVEN BEFORE THE PANDEMIC.

ATTRACTIVE LOW COST OF LIVING/DOING BUSINESS

TEXAS’S FAVORABLE TAX ECONOMY WITH 0% STATE/LOCAL

TAX HAS POSITIONED DALLAS TO BE RANKED THE #1 CITY FOR

DOING BUSINESS OVER THE LAST 14 YEARS.

DFW TECH SECTOR LEGACY

AND NEW GROWTH

THE DFW REGION HAS A LEGACY OF BEING A TECHNOLOGY

LEADER WITH COMPANIES SUCH AS TEXAS INSTRUMENTS AND EDS WHICH STARTED IN THE

1980S. MORE RECENTLY, DFW HAS ATTRACTED INNOVATION

HUBS SUCH AS BOEING, UBER, FACEBOOK, AND GOOGLE.

DIVERSIFIED EMPLOYMENT SECTORSNO JOB SECTOR ACCOUNTS FOR MORE THAN

20% OF DFW’S EMPLOYMENT BASE. BASED ON MOODY’S ANALYTICS,, DFW RANKS IN THE TOP

5 OF THE US’ MOST DIVERSIFIED EMPLOYMENT BASE.

ADDITIONALLY, THE REGION HAS REDUCES ITS RELIANCE ON OIL & GAS, FROM 5.8% OF GDP

IN 1982 TO 1.6% IN 2018.

STRONG OFFICE MARKET

FUNDAMENTALSDFW’S GENERAL LACK OF

OVERBUILDING AND DIVERSE ECONOMY HAS LED TO

CONSISTENT RENT GROWTH AND OCCUPANCY INCREASES OVER THE MILLENNIUM, RANKING IN

THE TOP 10 FOR MAJOR US CITIES IN BOTH CATEGORIES.

EXECUTIVE SUMMARY

10

Why Dallas-Fort Worth?

#1 REAL ESTATE MARKET FOR 2019

URBAN LAND INSTITUTE/PWC

#1 MSA FOR PROJECTED

POPULATION GROWTH461,800 NEW RESIDENTS PROJECTED

OVER THE NEXT 5 YEARS

#1 MSA FOR JOB GROWTH IN 2019

127,600 JOBS ADDED

OVER 1,000,000 JOBS

ADDED SINCE 2010

3.0%UNEMPLOYMENT RATE

PRE-COVID

#1 MARKET FOR OFFICE ABSORPTION

26.3M SF NET ABSORPTION IN THE LAST 5 YEARS

11

35W

35W

820

820

35E

35E

30

30

30

45

20

20

35E

635

635

635820

20

20

30

30

287

380

380

380

287

67

175

80

175

75

75

121

121

114

114

121

183

114

190

12

360

161360

199

White RockLake

Lake Ray Hubbard

Lavon Lake

LewisvilleLake

GrapevineLake

MountainCreek Lake

Joe PoolLake

MountainLake

Lake Worth

BenbrookLake

LakeArlington

NorthLake

Fort WorthMeacham

Airport

AddisonAirport

Dallas/Fort WorthInternational

AirportDALLAS

LOVE FIELDAIRPORT

NAS Joint ReserveBase Fort Worth

Fort WorthAllianceAirport

Lakewood

LakeHighlands

PrestonHollow

UniversityPark

HighlandPark

Uptown

McKINNEY

ALLEN

PLANO

MURPHY

SACHSE

WYLIE

LUCAS

CARROLLTON

LEWISVILLE

FLOWER MOUND

GRAPEVINEFARMERSBRANCH

RICHARDSON

GARLAND ROWLETT

ROCKWALL

ROYSECITY

FARMERSVILLE

CORINTH

FRISCO

PROSPER

MESQUITE

HEATH

SUNNYVALE

BALCHSPRINGS

OAK CLIFF

ADDISON

DUNCANVILLE

CEDAR HILL

MANSFIELD

ARLINGTONGRAND PRAIRIE

IRVING

LAS COLINAS

BEDFORD

EULESS

NORTHRICHLAND

HILLS

KELLER

HASLET

RHOME

DECATUR

SAGINAWWATAUGA

WHITESETTLEMENT

WESTOVERHILLS

LAKEWORTH

AZLE

BENBROOK

FOREST HILL

BURLESON

MIDLOTHIAN

FERRIS

HUTCHINSSEAGOVILLE

CRANDALL

CROWLEY

HALTOM CITYHURST

SOUTHLAKE

ROANOKE TROPHYCLUB

JUSTIN

ARGYLE

PONDER

DE SOTO LANCASTER

KAUFMAN

FORNEY

COLLEYVILLE

COPPELL

DENTON

THE COLONY

LITTLEELM

HIGHLANDVILLAGE

DALLASCBD

FORTWORTH

EDGECLIFFVILLAGE

DALWORTHINGTONGARDENS

About JLL JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 93,000 as of December 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.Jones Lang LaSalle Americas, Inc. or its state-licensed affiliate (“JLL”) has been engaged by the owner of the property to market it for sale.  Information concerning the property described herein has been obtained from sources other than JLL, and neither Owner nor JLL, nor their respective equity holders, officers, directors, employees and agents makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser. JLL and owner disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2020. Jones Lang LaSalle IP, Inc. All rights reserved.

INVESTMENT ADVISORS

ANDREW LEVYSenior Managing Director(469) 232-1961andrew.levy@am.jll.com

TODD SAVAGEManaging Director(469) 232-1930todd.savage@am.jll.com

PARKER MCCORMACKDirector(214) 265-0880parker.mccormack@am.jll.com

CHRIS GERARDSenior Managing Director(214) 692-4716chris.gerard@am.jll.com

DEBT ADVISOR ANALYTICAL SUPPORT

ANDY SCOTTSenior Managing Director(469) 232-1933andy.scott@am.jll.com

JASON JACOBSAnalyst(214) 692-4719jason.jacobs@am.jll.com

ROBBY WESTERFIELDAnalyst(469) 221-7779robert.westerfield@am.jll.com

2323 Victory AvenueSte 1200 | Dallas, TX | 75219

T +1 214.265.0880www.us.jll.com/capitalmarkets

DFW Metroplex#1 TOTAL JOB GROWTH IN 2019

127,600 Jobs

22 Fortune 500 Companies 3RD MOST IN THE NATION

2019 AIRPORT OF THE YEAR – Air Transport World

THREE RESEARCH 1 UNIVERSITIES

3 FORTUNE 10 COMPANIES No other U.S . metro has more than one; including SF, Seattle, NYC, LA & Chicago

The DFW Region Adds 400 NEW RESIDENTS PER DAY