HIGH-IMAGE LOW-RISE OFFICE INVESTMENT WITH GREAT WALT * The offering presents an incredible opportunity to own a well leased, secure low-rise, suburban office building in one of the best investment markets in the nation, Orange County, CA. * The property, 100% leased to 6-tenants, provides an attractive investment opportunity to new ownership. With a great tenant roster including the likes of the County of Orange, CareFusion - a subsidiary of Becton Dickinson, Whittier Filtration - a Veolia Company, HdL Companies, and Yellow Box Corp, the offering presents great security. * In addition, with a WALT of ±5.96 years and only 7.52% of the rentable area expiring before 2028, new ownership will have very little rollover risk over the course of the hold period. STRONG MARKET FUNDAMENTALS * Over the last decade, growth among the low-rise products has been robust, out-pacing high-rise products in vacancy compression and rent growth. As of 4Q24, direct vacancy for low-rise office was 9.0%, well below the rest of the office market. This trend is expected to continue into the foreseeable future. * CBRE Research shows North Orange County is still outperforming the rest of the Orange County market with the lowest direct vacancy rate as of 4Q24 with 9.4%. That is 210 bps lower than the second lowest submarket, South Orange County. BEST-IN-CLASS OFFICE CAMPUS WITHIN THE PROMINENT MIXED-USE CAMPUS IN NORTH ORANGE COUNTY * 120 S. State College is one of six Class A office buildings that make up Brea Place and is seconds away from Highway 57, providing easy access to Orange County, LA County and San Bernardino County. * Brea Place is a one-of-a-kind work-life campus highlighted by indoor/outdoor space, superior onsite amenities that include an athletic club, an executive lap pool (located at adjacent property 145 S. State College), state-of-the-art collaboration space, game rooms, world-class conferencing/training center, an integrated park, outdoor green work spaces and activities, dining options and everyday convenient services. * Brea Place includes 565,000 square feet of Class A office and 1.6 million square feet of retail within walking distance (Brea Mall and Brea Marketplace). 653 high-end apartment units and a 146-key select service hotel have been recently developed.