One Orlando Center

800 N. Magnolia Ave., Orlando, FL 32803

:: Purchased at significant discount due to its high vacancy

:: Strong and successful lease up at increased market rental

    rates attracted triple A tenants.

:: 100% occupancy within an eight month period

Investment’s Realized IRR: 80.54%

One Orlando Center

800 N. Magnolia Ave., Orlando, FL 32803

:: Purchased at significant discount due to its high
   vacancy

:: 100% occupancy within an eight month period

Investment’s Realized IRR: 80.54%

Exchange South

9143 Philips Hwy, Jacksonville FL, 32256

:: Instituted our aggressive leasing program,
   which increased the occupancy from 65% to 97.5%
   in a 12-month period

:: Increased rent by 20%

Investment’s Realized IRR: 72.74%

Maitland Forum

2600 Lake Lucien Dr., Maitland FL, 32751

:: Significant capital upgrades coupled with an
   aggressive leasing program

Investment’s Realized IRR: 34.19%

Rio Grande

6039 Rio Grande, Orlando, FL 32803

:: Net leased to a public-traded for-profit school
 

Investment’s Realized IRR: >1000%

The Orlando Flex Portfolio

:: Purchased a five-building portfolio in C-minus
   condition with Class A locations

:: Instituted high-return capital improvements

:: Repositioned property to Class B

:: 68% to 95% leased up within 18 months;
   increased rent by 28%

Investment’s Realized IRR: 111.26%

Longwood Business Center

705-765 West SR 434, Longwood, FL 32750

:: Located adjacent to Orlando Regional South
   Seminole Hospital

:: Repositioned property to provide for medical
   users

Investment's Realized IRR: 41.78%

Research Pointe I

12703 Research Pky, Orlando, FL 32826

:: Contracted a build-to-suit with U.S. Geological
   Survey

Investment’s Realized IRR: >1000%

Lake Ellenor

5959 Lake Ellenor Drive, Orlando, FL 32803

:: Purchased vacant HMO facility

:: Repositioned as an office building

:: Leased the entire building to a single-tenant
   for 10 years

Investment’s Realized IRR: 157.43%

Major Center Plaza

5750 Major Center Plaza, Orlando, FL 32819

:: Strategically located near Orlando theme parks

:: Located in a small office submarket with large
   submarket tenant needs

Investment’s Realized IRR: 87.17%

Lincoln Park

8511 Commodity Circle, Orlando, FL 32819

:: Property was purchased substantially vacant

:: Leased balance of vacant space to a public-traded
   culinary school

:: 100% leased within a 30-month period

Investment’s Realized IRR: 44.57%

Airport Business Center

5800 S. Semoran Blvd. (SR 436), Orlando, FL 32822

:: Effective capital upgrades to property's physical
   plant enhanced value

:: Strong and successful leasing program geared to
   airport proximity

Investment’s Realized IRR: 38.74%

Park Center

2500 Maitland Center Pkwy., Maitland, FL 32751

:: Early renewal of anchor tenant created new value

Investment’s Realized IRR: 16.09%

The Ingenuity Building

12650 Ingenuity Drive, Orlando, FL 32826

:: Sold in August 2009 in one of the most challenging
   investment environments for a record price of $203
   per square foot.

:: Negotiated a termination of the existing short-term
   lease and renegotiated a new 13 year lease with
   Kaplan, Inc.

Investment’s Realized IRR: 5.12%