FINANCIAL RESEARCH GROUP

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1 INDUSTRIAL RETAIL, R&D, LAND DEVELOPMENT AND OTHER PROJECTS NAME / LOCATION SIZE / TYPE CLIENT PARTICIPATION Sacramento Warehouse 30,000 SF Gordon Rosenberg Acquisition, Management Sacramento, CA Industrial and Lease Negotiation Stoner Avenue 5,600 SF Celeste Marin Sale Los Angeles, CA Eaton 20,000 SF Celeste Marin Developer/Partner Tempe, AZ R & D IMS Pharmaceuticals Felton Fair 62,000 SF Celeste Marin Acquisition/Management Felton, CA Retail Center and Leasing 680 Burlington 72 Unit 680 Burlington, Ltd. General Partner, Acquisition Los Angeles, CA Apartments Management and Sale Fair Oaks 186,000 SF Casey-Foss Acquisition Analysis Sunnyvale, CA J. Casey Universal Capital Relocation Universal Capital Acquisition Consulting San Francisco, CA David Freed Chihuahua Plaza 19,189 SF Universal Capital Acquisition Consulting Fresno, CA Retail Center David Freed Bolsa Center, Ltd. 15,000 SF Bolsa Center, Ltd. Management, Leasing Westminster, CA Retail Center Universal Capital and Sale Orangethorpe 50,000 SF Orangethorpe, Ltd. Management, Lease Anaheim, CA Industrial Universal Capital Negotiation, Sale R & D 8,000 SF R & D, Ltd. Management & Sale Costa Mesa, CA R & D Building Universal Capital

2 Page 2 Corporate Drive 8,500 SF Cypress, Ltd. Management, Leasing Cypress, CA R & D Building Universal Capital and Sale Customweave Carpets 251,000 SF Select 78 Management and Sale Cypress, CA Industrial Universal Capital Wells Fargo Bank 1,800,000 SF Wells Fargo Bank Start-up Co-Mingled Fund Calif, Ariz, Texas Industrial George Hopiak, Sr. VP Acquisitions JT Jenkins Kennworth JT Jenkins Consulting Development Ontario, CA Facility Jim Jenkins Avionics West Avionics Company G. Rosenberg Company Acquisition Santa Monica, CA San Jose R&D 113,166 SF Lincoln Property Co. Consulting Development San Jose, CA R & D Building John Robbins Menlo Park R&D 417,768 SF Lincoln Property Co. Project Review Menlo Park, CA Industrial Park Luis Belmonte Brandenberg R&D 75,000 SF Lincoln Property Co. Analysis of Development San Jose, CA Industrial Park LPC SJ3 Office 450,000 SF Lincoln Property Co. Consulting Development San Jose, CA Office/R&D Ed Thrift Lincoln Park - SJ 307,917 SF Lincoln Property Co. Consulting Development San Jose Distribution/R&D Ed Thrift Seaport Centre 958,992 SF Lincoln Property Co. Development Review Office/R&D Andrew Levin Libby I 400,000 SF Lincoln Property Co. Design Concepts Sunnyvale, CA Multi-Use Luis Belmonte Milpitas Retail 50,000 SF Lincoln Property Co. Project Review Milpitas Office/Retail Luis Belmonte

3 Page 3 Toole/Ontario BT-1 238,961 SF Brice Toole Consulting Development Ontario, CA Industrial Tempe Commerce Center 55 Acre TCC Consulting Developer Tempe, AZ Business Park Gordon Rosenberg Investor Representation Kobor Apartments 4 Apartment Wells Fargo Bank Negotiate & Structure Los Angeles, CA Buildings Joint Ventures, Monitor Development Coastal Vineyards 300 Acre Wells Fargo Bank Limited Partner Los Alamos, CA Vineyard Joe Carrari Representation Discovery Bay Waterfront Wells Fargo Bank Non-Earning Stockton, CA Housing Asset Review Shaw Gates 90,000 SF RBD Associates Partner/ Fresno, CA Office/Warehouse Co-Developer Lincoln Property Co. Seminar Lincoln Property Co. Mid-Rise Development Balboa, CA Ed Thrift Seminar for LPC Partners Lincoln Property-1984 Seminar Lincoln Property Co. Development Programming Pebble Beach, CA Ed Thrift Seminar for LPC Partners Lincoln Property-1984 Seminar Lincoln Property Co. Quality Control Seminar San Francisco, CA Ed Thrift for LPC Managers Lincoln Property-1985 Seminar Lincoln Property Co. Leasing/Management San Francisco, CA Burch Boone Seminar for LPC Managers Lincoln Property-1986 Seminar Lincoln Property Co. Development Challenges Pebble Beach, CA Ed Thrift Seminar for LPC Partners 1987 Leasing/ Operations Seminar Financial Research Leasing/Marketing Marina del Rey, CA Group Seminar for Clients Los Angeles County Government Los Angeles County Co-Consultant Board of Education Facilities Board of Education Steinmann, et al

4 Page 4 Georgia-Pacific 104,000 SF William Tooley Investment Acquisition Ontario, CA Warehouse C.L. Peck Mark Fabrics, Inc. 35,000 SF Mark Fabrics, Inc. Development Management Los Angeles, CA Office/Warehouse Office Conversion MIP Properties $250.0 Million MIP Properties Portfolio Evaluation Santa Monica, CA REIT Portfolio Carl Gregory for Loan Restructure Atlantic Square 250,000 SF Solus Property Co. Development Consulting Monterey Park, CA Retail Don Crawford Construction Management 102 Sweetzer Residential Solus Property Co. Asset Recovery Los Angeles, CA Condominium Don Crawford Walmart Portfolio 4 Walmart Stores AMC Associates Investment Acquisition Various Wm. Tooley Circuit City Warehouse 554,000 SF AMC Associates Investment Acquisition Louisville, KY Warehouse Wm. Tooley Towne Center 350,000 SF Solus Property Co. Renovation Management Corte Madera, CA Shopping Center Don Crawford The Arbors 85,000 SF O. Miller Associates Project Review for Loma Linda, CA Office Warehouse Loan Restructure Crest Steel Steel Fabricators Crest Steel Eminent Domain Phoenix, AZ Bell Tower 250,000 SF Solus Property Co. Construction Administration Phoenix, AZ Shopping Center Silverado Industrial 250,000 SF Silverado Development Consulting Boise, ID Industrial Park Development Reckitt & Colman 300,000 SF Terminals Acquisition, Management & Phoenix, AZ Industrial Equipment Co Expansion Development Public Storage 300,000 SF Public Storage Evaluation of Earthquake Los Angeles, CA High-Rise Storage Issues for Public Offering

5 Page 5 Winn-Dixie 44,000 SF Oxford / Douglas Portfolio Strategy Haines City, FL Free Standing Market Investment Acquisition Petco 12,000 SF Oxford / Douglas Portfolio Strategy Mission Viejo, CA Retail Investment Acquisition 7-Eleven Store 6,000 SF Oxford / Douglas Portfolio Strategy Oceala, FL Retail Investment Acquisition Western Forge 58,000 SF Oxford / Douglas Portfolio Strategy Colorado Springs, CO Industrial Investment Acquisition Western Forge Expansion Land Oxford / Douglas Lease Restructure and Colorado Springs, CO Land Acquisition The Stahl Trust 150,000 SF Stahl Trust Repair and Renovation Prog Brea, CA Office Buildings Barry Brown Litigation Support ITT Gilfillan 250,000 SF Stahl Trust Management Support Van Nuys, CA Industrial Barry Brown Division 91 Retrofit Sound Stage 100,000 SF Dos Carlos Feasibility Study, Los Angeles, CA Sound Stage Charles Shuken Project Value Tyler-Trafficante, Inc. 36,000 SF C.L. Peck Trust Asset Management Monterey Park, CA Light Manufacturing Margo Peck Litigation Support Reckitt & Colman Expansion 300,000 SF Terminals Acquisition; Expansion of Tolleson, Arizona Warehouse Facility Equipment Co Existing Facility; Lease John Sullivan Restructuring; Condemnation Mitigation AMC Associates Warehouse / Retail AMC Associates Evaluation Property Los Angeles Portfolio Wm Tooley Portfolio

Robert Wish. Real estate endeavors have been in 5 states. These include California, Nevada, Arizona, Texas, and Georgia.

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