Investment Sales

Company Rep: Eastman Kodak Building Name: Rochester Campus Building Size: 5,000,000 sf Description: OBP, along with the Rochester office of CB Richard Ellis, represented Kodak in the sale of this 5,000,000 sf, 19-building campus. The sale occurred in June 2000 after an international marketing campaign was conducted.

Company Rep: STAG Building Name: STAG Single Tenant Portfolio Building Size: 3,126,325 SF Description: 14 single-tenant industrial buildings located in 11 different states across the U.S.

Company Rep: Harbor Group Building Name: PNC Center Building Size: 497,810 SF Description: Assignment To take advantage of the aggressive climate in the capital markets, Harbor Group hired the OBP team to sell the asset they had recently acquired in 2002. The sale assignment was complex in that the purchaser was in the process of bringing the adjoining building to market. This was the second time OBP was asked to sell this asset confirming both the buyer and seller's confidence in our abilities to represent them in such a high profile office property. Client Benefit The Harbor Group recognized the Colliers’ team ability to execute a transaction looking to push value to the maximum level. Harbor respected the O’Connell, Bender & Powers team’s ability to run a complex transaction because they represented the seller when Harbor purchased the property in 2002. That confidence was the reason OBP was hired and sold it to an internationally known buyer/developer who was the original developer of the property, for approximately $7 million more than the seller had paid three years prior

Company Rep: AIC Fund IV Building Name: AIC Ventures Fund IV Portfolio Building Size: 1,379,554 SF Description: 11 single-tenant, net-leased, “operation critical” industrial and office properties located throughout the United States.

Building Name: Governor's Pointe Portfolio Description: Assignment: The Owner of two net-leased buildings creating a 301,773 SF portfolio engaged Jim O’Connell and Tom Powers in late 2004 with the task of taking it to market and securing a buyer that would be able to close by the end of first quarter 2005. Process: Jim and Tom along with their team of dedicated specialists initiated their marketing campaign of the unpriced portfolio within three weeks of engagement. The Brochure was sent via email in three staggered blasts, followed by the electronic distribution of the Investment Memorandum to interested parties and then a call for offers. • January 13: Sent Brochure to 110 investors who fit the criteria of active office/net buyers from database • January 17: Sent Brochure to 653 investors who fit the criteria of Midwest office buyers from database • January 20: Sent Brochure via third party vendor to over 700 targeted investors • January 25: Email distribution of Investment Memorandum to 104 investors by request • January 28: Emailed reminder to investors who had not responded and an offers due letter to those investors that received the book • February 8: Received 32 offers all stating they would be able to close on the asset on or before March 31, 2005. Of those offers, half were above the projected sale price. Result: Due to the team’s expertise, they were able to identify a buyer who was able to meet the seller’s timeline who closed on the portfolio March 17 at a purchase price of over $137 per square foot and a sub-seven cap rate. The sale is one of the most aggressively priced transactions to transfer in the area. This transaction marks the first acquisition for the buyer in the Cincinnati market.

Company Rep: Cabot Advisors Building Name: Cabot Advisors Portfolio Building Size: 823,283 Description: Assignment Coordinated overall marketing for the 14 building portfolio located throughout the country in Washington, DC, Phoenix, Dallas, Atlanta and Ft. Lauderdale. The seller achieved a price of approximately $4 million above their most aggressive expectations. OBP has represented this seller numerous times over the years in sale transactions exceeding $2.5 Billion due to their faith in the team’s abilities Client Benefit OBP's long-term relationship with the seller and their knowledge that we would dedicate our complete efforts to the sales effort were confirmed by the outcome that OBP was able to achieve. This sales effort allowed the OBP team to update the investment criteria of the majority of the national investors due to the overwhelming interest we were able to generate. Our knowledge of, and relationship with these investors will assure our ability to identify capital.

Company Rep: Prudential Real Estate Building Name: Center at 600 Vine Building Size: 578,900 SF