CORNERSTONE OFFICE PARK PADS

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1 LEASE OVERVIEW AVAILABLE SF: LEASE RATE: BUILD TO SUIT: PARCEL NO: TRAFFIC COUNTS: ZONING: 48,000-72,000 SF $16.00 NNN TBD LPGA Boulevard 18,400 AADT Williamson Boulevard 15,300 AADT PD-G 'Planned Development, General' PROPERTY DESCRIPTION Cornerstone Office Park Pads For Lease or Build to Suit. Adjacent to Cornerstone 88,000 SF class A office buildings PAD 3 - Entitled for 48,000 SF - Two-Story Office Building Parking: 7.5/1,000 SF (3.30/1,000 required) PAD 4 - Entitled for 72,000 SF - Three-Story Office Building Parking: 7.5/1,000 SF (3.30/1,000 required) Pads are user ready developed sites with all utilities and drainage to site. Immediate proximity to I-95 and just minutes to the I-95/I-4 interchange. Conveniently located between Daytona Beach and Ormond Beach just west of Williamson Boulevard and south of LPGA Boulevard. LOCATION OVERVIEW LPGA Boulevard is Daytona Beach's hottest development corridor: -350,000 SF Tanger Outlets -Sand Parc, a new 264 unit luxury apartment complex -North American Development Corp proposed 600,000 SF Tomoka Town Center and 400 multifamily units -Minto Communities 6,900 proposed new homes at Latitude Margaritaville -LPGA golf course with 36 holes -Daytona international Auto Mall with twelve dealerships -One exit north of Daytona international Speedway and One Daytona 300,000 SF mixed-use project and one exit south of Ormond Beach

2 LEASE OR BUILD TO SUIT LAND Aerial FL #BK FL #BK All SVN Offices Independently Owned & Operated.

3 Location Map

4 Area Activity

5 Daytona Beach Overiew HOME OF THE "WORLD'S MOST FAMOUS BEACH" Only 50 miles northeast of Orlando, 100 miles south of Jacksonville, and 62 miles to Kennedy Space Center Features tropical climate (average temperatures approximately 80 degrees Fahrenheit) Extremely strong tourism base > 9 million visitors per year Tourism creates approximately $4.6 billion annually to local retail and hospitality businesses EASE OF ACCESSIBILITY Located near the intersection of I-95 (N-S) and I-4 (E-W) Third busiest mass transit intersection in state of Florida 3 Major airports within 60+ miles (41 million passengers in 2016) - Daytona Beach International Airport, Orlando International Airport, and Sanford Airport I-95/I-4 interchange getting >$250 million federally funded improvements EXCEPTIONAL BUSINESS ENVIRONMENT AND OUTSTANDING HIGHER EDUCATION FOOTPRINT Public Companies: Brown & Brown (NYSE: BRO), TopBuild (NYSE: BLD), International Speedway Corporation (NASCAR) (NYSE: ISC), Teledyne Oil, and CTO Significant number of small and light manufacturing, major distribution centers, aerospace and defense products, and automotive 4 MAJOR UNIVERSITIES / COLLEGES: Embry-Riddle Aeronautical University - 5,447 students Stetson University - 4,330 students Bethune-Cookman University - 3,964 students Daytona State College - 13,820 students

6 Employment TOP LOCAL EMPLOYERS COMPANY NUMBER OF EMPLOYEES HALIFAX HEALTH 3,197 FLORIDA HOSPITAL 5,510 EMBRY-RIDDLE AERONAUTICAL UNIVERSITY 1,100 DAYTONA STATE COLLEGE 980 TANGER OUTLETS 900 PEVONIA 600 TELEDYNE (NYSE: TDY) 525 INTERNATIONAL SPEEDWAY CORPORATION (NYSE: ISCA) 760 NASCAR (NASDAQ: ISCA) 280 TRADER JOE'S DISTRIBUTION CENTER 450 HALIFAX MEDIA GROUP 400 TOPBUILD (NYSE: BLD) 360 BROWN & BROWN (NYSE: BRO) 309 COSTA DEL MAR 174 AO PRECISION 135 B BRAUN 175

7 The Last Three Years - $1.6 Billion Of Investment $1 Billion Latitude Margaritaville (Under Construction) - Minto - Development of 6,900-home active adult community 300 homes per year to be developed starting in 2018 $100 Million Tanger Outlets (Completed 2016) - Tanger - 80 upscale brand name and designer outlet retailers First Tanger Outlet developed in Florida full/part time jobs $800 Million One Daytona (Under Construction) - ISC - Mixed use retail destination Cobb Theatres, Bass Pro Shops, PF Chang's, Guitar Center, Marriott Autograph Collection $25 Million Hilton renovation (Under Construction) - Starwood Capital - Daytona's largest hotel (744 keys) $80 Million Trader Joe's Distribution Center (Completed 2015) - 630,000+ SF refrigerated distribution facility Created estimated 500 new jobs drivers $192 Million Daytona Beach Convention Hotel & Condominiums (Under Construction) Two 300-foot plus towers condos and 501 hotel rooms $40 Million Hard Rock Hotel (Under Construction) - A 200 room hotel expected to be completed in 2018 $40 Million B. Braun Distribution Facility (Under Construction) - expected to be completed in 2018 ICI Homes approximately 1,000 New Homes (Under Construction) - First home deliveries to begin in 2018

8 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 2,700 36,166 99,326 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 1,281 12,709 34,253 # OF PERSONS PER HH AVERAGE HH INCOME $40,039 $45,082 $51,688 AVERAGE HOUSE VALUE $343,170 $234,108 $191,801