R E N A I S S A N C E R I A L T OL A N D O P P O R T U N I T Y

• 37.72 Acres of Entitled Land in the Highly Desirable Inland Empire West • Opportunity for speed-to-market on 3 buildings totaling 734,210 SF• Part of the Renaissance Rialto Specific Plan with Strategic Access to Four

Major Freeways

A CBRE NATIONAL PARTNERS INDUSTRIAL INVESTMENT OPPORTUNITY

RIALTO,CALIFORNIA

N LINDEN AVE

MIR

O W

AY

210

210

W B

ASEL

INE

RD

RESIDENTIAL LANDRENAISSANCE MARKETPLACE

(Coming Spring 2018)

ALDER AVE

W RENAISSANCE PKWY

RENAISSANCE RIALTO LAND OPPORTUNITY1

THE OFFERINGCBRE, Inc. (“CBRE”) on behalf of Lewis-Hillwood Rialto (“Seller”) is pleased to offer 37.72 acres of entitled land situated in the established business park Renaissance Rialto. This presents a unique opportunity to acquire 37.72 acres of land currently entitled for approximately 3 buildings totaling 155,220 SF, 177,710 SF and 401,280 SF. The sites are located in the Inland Empire (IE), California, one of the strongest and most active logistics markets in the world. The park is a new, well-located master planned redevelopment project in Rialto with excellent access to four major freeways, the San Bernardino intermodal yard, the Ports of Los Angeles and Long Beach, airports and major transportation routes serving Southern California and the Western United States.

The sites are located in the Renaissance Rialto Specific Plan, now considered part of the Inland Empire West (IEW) and part of one of the largest redevelopment projects in the Inland Empire spanning nearly 1,500 acres. The property was previously used as the Rialto Municipal Airport and over the last 8 years is in the process of being redeveloped for industrial, retail and housing.

This Renaissance Rialto land offering represents a rare opportunity for a Buyer to purchase multiple entitled land sites in the desirable IEW, designed for building sizes that are in high demand. These sites are the last few remaining industrial development sites within the Renaissance Rialto Specific Plan.

PROPERTY OVERVIEWAddress SW of Linden Ave & Renaissance Pkwy SW of Linden Ave & Renaissance Pkwy NW of Linden Ave & Miro Way TOTALTotal Rentable Area 155,220 SF 177,710 SF 401,280 SF 734,210 SFAcreage 8.3 AC 10.33 AC 19.09 AC 37.72 ACClear Height 32’ 32’ 36’ 32’-36’Dock-High Doors 25 32 41 98Drive-In Doors 2 2 2 6

INVESTMENT THESISThe Renaissance Rialto Land Opportunity represents an excellent opportunity to purchase a 3-building development, in highly desired sizes, that can break ground in January 2018. The sites are ideally located in the Inland Empire West and part of the new, redeveloping area of Rialto along the new I-210 Freeway.

The offering has a Bid Date of October 6th.

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY 2

MARKET HIGHLIGHTS• Inland Empire (IE) vacancy dropped significantly in Q2 2017 to 3.3%, reaching its lowest

level in the current cycle.• IE occupier industries range from logistics, e-commerce, consumer goods and 3PLs. The

rise of e-commerce has increased demand for state-of-the-art product to accommodate automation and efficiency with higher clear heights.

• The IE has among the strongest annual rent growth in the US with 15.9%. CBRE EA predicts that net absorption in the Inland Empire will reach over 14.5 MSF by year end.

• The IEW vacancy rate for the 100,000-250,000 SF size range was only 1.6% in Q2 2016, while the 250,000-500,000 SF size range had an even lower rate of 1.2%.

• The Rialto industrial base has grown by 30.2% over the past two years to 26.1 MSF and its vacancy rate has dropped by 35.3%, demonstrating increased demand for product in this submarket.

• Rialto saw 485,396 SF of 2017 YTD net absorption and 1.8 MSF in 2016. The IE has 8.1 MSF of 2017 YTD net absorption and had 17.1 MSF in 2016.

PROPERTY HIGHLIGHTS• The land sites are located in the Renaissance Rialto Specific Plan area and are currently

entitled for three buildings totaling 155,220 SF, 177,710 SF and 401,280 SF.• All three buildings will offer state-of-the-art features including ESFR sprinklers and

concrete tilt-up construction with generous loading. The two smaller buildings will offer 32’ clearance and 135-173’ truck courts; the largest building will offer 36’ clearance and a 185’ truck court.

• Being a part of the Renaissance Rialto Specific Plan offers a corporate and institutional campus setting to many Fortune 500 occupiers with surrounding amenities.

LOCATION HIGHLIGHTS• The sites are located in what is now considered the eastern edge of the Inland Empire

West (IEW), an A+ location with immediate access to the I-210, I-15, I-215 and I-10 freeways as well as Foothill Boulevard, a major east-west thoroughfare.

• Strategic E-Commerce/Last Mile location given proximity to nearly 12 million people within a 60-minute drive and 13 UPS, FedEx and OnTrac hubs within a 25-mile radius.

• Proximity to abundant labor force and nearby future planned restaurants, retail, office and hotels.

• Various corporate neighbors such as Target, FedEx, Niagara, Medline and Monster Energy have settled in the Renaissance Rialto area, transforming this master-planned development into an established, desirable logistics center.

• Renaissance Rialto is home to over 3 MSF of high-profile e-commerce tenants.• Renaissance Marketplace will offer tremendous amenities:

• Upon completion, the 60-acre Renaissance Marketplace will consist of 430,000 square feet of shopping, dining, entertainment, residential and corporate usage.

• With about 1,300 housing units planned, and an average of about three people per household, city officials said they expect 4,000 new residents and the creation of approximately 11,000 new jobs at full buildout by the 2030s.

• Some of Renaissance Marketplace’s major tenants will include Cinemark Theatres, Burlington, 24 Hour Fitness, Chik-Fil-A, Jamba Juice, Starbucks and Panda Express.

• The site SW of Linden Ave & Renaissance Parkway is also adjacent to Ayres Hotel, a modern, boutique hotel chain with 7 other Inland Empire locations.

AYRES HOTEL - ONTARIO MILLS

RENAISSANCE RIALTO LAND OPPORTUNITY3

SITE PLAN - MIRO WAY

GATEGATE

DETE

NTIO

N BA

SIN

MIRO

WAY

MIRO

WAY

LINDEN AVELINDEN AVE

401,280 SF

920ʼ41 DOCK DOORS

80ʼ80ʼ

420ʼ

60ʼ

GATEGATE

LEGEND

GRADE LEVEL DOORS

DOCK HIGH DOORS

OFFICE SPACE

50ʼ50ʼ108ʼ-2”108ʼ-2”

103ʼ-2”103ʼ-2”

185ʼ185ʼ

66 TRAILERS STALLS66 TRAILERS STALLS

56ʼTYP.

EXECUTIVE SUMMARY 4

SITE PLAN - RENAISSANCE PARKWAY

35ʼ

35ʼ

173ʼ

173ʼ

135ʼ

135ʼ

135ʼ-

9”13

5ʼ-9”

40ʼ40ʼ35

ʼ35

ʼ

40ʼ40ʼ

35ʼ35ʼ

35ʼ35ʼ

35ʼ

35ʼ

41ʼ41ʼ

40ʼ40ʼ

35ʼ

35ʼ

35ʼ

35ʼ

26ʼ26ʼ 26ʼ26ʼ

26ʼ

26ʼ

155,220 SF

NOT A PART

177,710 SF

LEGEND

GRADE LEVEL DOORS

DOCK HIGH DOORS

OFFICE SPACE

RENAISSANCE PKWYRENAISSANCE PKWY

N LO

CUST

AVE

N LO

CUST

AVE

771ʼ660ʼ

25 DOCK DOORS

32 DOCK DOORS273ʼ

212ʼ

212ʼ

272ʼ

RENAISSANCE RIALTO LAND OPPORTUNITY5

AERIAL - MIRO WAY

*While some of the most recognized tenants are based in this area, confidentiality agreements prohibit us from mentioning them by name.

AMZN*

DISTRIBUTION ALTERNATIVES (DA)

TARGET

210

210

AMZN*

AMZN*

GEODISUA*

LIFETIME BRANDSMEDLINENIAGARA

XPOKEECO

MONSTER ENERGY

UA*

NW OF LINDEN AVE & MIRO WAY

LINDEN AVE

MIR

O W

AY

EXECUTIVE SUMMARY 6

AERIAL - RENAISSANCE PARKWAY

210

210

N LOCUST AVE

N RENAISSANCE PKWY

LINDEN AVE

SW OF LINDEN AVE & RENAISSANCE PKWY

NIAGARAKEECO

DISTRIBUTION ALTERNATIVES (DA)

MONSTER ENERGY

AMZN*

AMZN*

AMZN*

MEDLINE

TARGET

GEODISUA*

UA*XPO

*While some of the most recognized tenants are based in this area, confidentiality agreements prohibit us from mentioning them by name.

LIFETIME BRANDS

RENAISSANCE RIALTO LAND OPPORTUNITY7

LOCAL MAP

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Historic Rte 66

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RENAISSANCE RIALTO LAND OPPORTUNITY

LEGEND

ON/OFF RAMPSRENAISSANCE SPECIFIC PLAN

LOCATION HIGHLIGHTS- Excellent access to the I-210 freeway via the Alder Ave and Ayala Drive on/off-ramps- Less than 15 minutes to I-215- 15 minutes to I-10 and the BNSF Intermodal Railway Yard- 20 minutes to Ontario International Airport (ONT)

EXECUTIVE SUMMARY 8

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PerrisReservoir

GalwayDowns

Port ofLos Angeles

Port ofLong Beach

San Fernando

Van Nuys

ShermanOaks

HollywoodBeverly Hills

Bel Air

SantaMonica

South LosAngeles

Torrance

RanchoPalos Verdes

San Pedro

Compton

LynwoodHawthorne

GardenaManhattanBeach

MontereyPark

El Monte

Montebello

Pico Rivera

Downey

Norwalk

Lakewood

Westminster

Cypress

Seal Beach

Orange

Corona

El Cerrito

La SierraNorco

EastvaleMira Loma University

Yorba Linda

AnaheimHills

ChinoChino Hills

Fullerton

Citrus

Covina

Pomona

ClaremontRancho

Cucamonga Fontana RialtoSan

BernardinoColton

LakeArrowhead

Redlands

Temecula

LakeElsinore

SanClemente

LagunaNiguel

Dana Point

LagunaBeach

NewportBeach

Lake Forest

FoothillRanch

MissionViejo

Murrieta

Burbank

Pasadena

Ontario

HuntingtonBeach

Irvine

Riverside

Anaheim

Santa Ana

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MorenoValley

Perris

Walnut

Los Angeles OntarioInternational

Airport

BurbankAirport

John WayneAirport

LAXAirport

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INTERMODAL YARDS

BNSF

1. BNSF Commerce Eastern2. BNSF Sheila3. BNSF Hobart4. BNSF San Bernardino5. BNSF Watson / Wilmington6. BNSF La Mirada7. BNSF Pico Rivera

1. UP City of Industry2. UP Colton3. UP Dolores4. UP LATC5. UP Mira Loma6. UP Anaheim7. UP Montclair8. UP Yermo

UPSP

RENAISSANCE RIALTO LAND OPPORTUNITY

REGIONAL MAP

SOUTHERN CALIFORNIA IS HOME TO 23.77 MILLION PEOPLE.

R E N A I S S A N C E R I A L T OL A N D O P P O R T U N I T Y RIALTO,

CALIFORNIA

DARLA LONGOBARBARA PERRIERBRETT HARTZELL

MICHAEL KENDALLREBECCA PERLMUTTER FINKEL

TAYLOR ODEGARDGINA CHRISTEN

NATIONAL PARTNERS WEST

GLOBAL INDUSTRIAL & LOGISTICSJack Fraker

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

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