| 100% occupied with diversified tenant mix across retail, office, & residential |
| Newest building in a supply-constrained historic downtown with no comparable new inventory |
| Contractual rent growth: American Rivers (1,873 SF) averaging 21.0%/yr through Oct 2028 (46.5% aggregate increase) |
| 13% in-place rent discount to market with 1.81 years of WALT providing near-term upside |
| Modern systems: passenger elevator, secured subgrade parking (7 vehicles), updated building envelope |
| Projected 6.01% return on cost in Year 1 as contractual and near-term mark to market increases take effect |