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Offering Summary2 7 1,157 SF HOUS T ON MS A

JLL is pleased to offer the opportunity to acquire Shops of Bella Terra, an institutionally owned and operatedregional power center ideally positioned at the gateway to the award-winning Cinco Ranch master-plannedcommunity. Surrounded by an educated and fast growing, high income residential population, the center hasattracted a dedicated base of nationally recognized tenants. The center provides a Class A shopping experiencewhile still providing buyers the opportunity to generate value-add returns via a mix of lease-up and contractualrent increases. Located along Houston’s outer loop highway, the Grand Parkway, the center boasts excellentvisibility along this major thoroughfare and additionally benefits from adjacent Kohl’s and Walmart shadowanchors, all of which contribute to making Shops of Bella Terra the #1 most visited center within a 5-mile radius.IN V E S T MEN T HIGHL IGH T SHighly sought-after destination for retailerswith a quality rent roll ofnationally recognized tenants5.0-yearanchor tenant WALT 98,564 SF of in-place tenancyhas renewed or re-affirmed leasessince January 2020 162,371 averagehousehold incomewithin a five-mile radiusof the propertySuper-Walmart Shadow Anchordrives significant traffic into the center with 1.5million store visits over the past 12 monthsCore quality real estatewith strong in-place returnsand value-add componentsImpressive cash flow growthwill generate a 41% increasein NOI over ten years

P R OP ER T Y D A SHB O A R DProperty SummaryLocation:Tenant SummaryTENANT24 Hour Fitness5472 W Grand Pkwy S,Richmond, TX 77406Year Built:2008-2013Gross Leasable Area:271,157 SFLand Area:35.57 AcresOccupancy:93.0%Parking2,350 Spaces(6.52/1,000 SF)Traffic Counts:Grand Parkway:271,202 VPDBuildings11Financial SummaryWeighted Average Tenure:18.0 YearsWeighted AverageRemaining Lease Term:4.2 Years5-Year CAGR:5.3%10-Year CAGR:3.2%Rollover Summary:Within 3 Years of Operation:Within 5 Years of Operation:Health th and Body Works3,4231.3%Best Buy30,10811.1%Carl's Jr.2,4500.9%Cookie Cutters1,4400.5%Dr. Rizwan Khan (Smile Dental)1,9310.7%Famous Footwear6,0002.2%Five Below8,1933.0%Game Stop1,6040.6%GNC1,3820.5%H&R Block2,0200.7%Leslie's Pools3,2551.2%Magic Dental (Brian Phan, DDS)1,9990.7%Palm Beach Tan2,4380.9%Marble Slab1,2280.5%Mattress Firm4,7031.7%New York Pizzeria2,8971.1%Paradise Grills3,3571.2%Party 1%Sally Beauty Supply1,3460.5%32.1%Slurp Ramen Factory1,8390.7%Sports Clips1,3110.5%Sprint3,5541.3%Total Wine & MoreFitnessTropical Smoothie CafeSupply Food enna Nails2,0480.8%Vision Source1,9910.7%Yumi Cafe1,6670.6%Available (Former Pier 1)9,0003.3%Available (Former The Children's Place)4,8421.8%Available (Former Zales)2,2220.8%Available (Vein Clinic)3,0001.1%ULTAElectronics% OF PROPERTYAT&TSushi HanaDiversifiedMerchandisingMixNRATotal:271,157

SUMM A R Yof Shopping Center VisitorsIDE A LRetail Location(Trailing 12 months) Surrounding 5-miles is home to 222,815 residents High visibility location along Houston’s Grand Parkwayloop with upwards of 271,202 vehicles per daySHOPS OF BELLA TERRAUNITED STATES#1,454 out of 31,450TEXAS#139 out of 2,704LOCAL [5-MILE RADIUS]#1 162,37 1 5.75Shopping Centerwithin a 5-mileradius (Placer.ai)Average HouseholdIncome (5-mile)Billion in annualconsumer spending(5-mile)#1 out of 23Katy § 250010200095per nti 99usCinco Ranch10-1500George BushParkiu sradile10003-m# OF V ENU ESmileradiTHBELLA TERRAMission Bend50001M 2M99

S T R AT EGIC A L LYP O SI T IONED & DEDIC AT EDRent Roll Evenly spread rollover with no significantexpiration events 20,151 SF PetSmart and 30,108 SF Best Buy recentlyexercised their 5-year renewal options 4.2 years of weighted average lease term remaining Zero anchor tenant rollover until 2025 45,050 SF 24 Hour Fitness recently re-affirmed theirlease with no change in rent and exited bankruptcy inDec-20 This despite closing roughly 30% of its gyms in2020, 12 of which were in the Houston areaM A JOR T E N A N T SE X CEL L EN TTenant Performance #1 highest traffic 24 Hour Fitness in all of Texas Top PetSmart by foot traffic within a 5-mile radius 30% of tenants report sales, of those sales,the average tenant health ratio is 9.8%* 85% of reporting tenants have health ratiosless than 15%* Total Wine & More gross sales increased 48% YOY in2020 to 24,043,7883.45%3.54%7.95%Bath & Body WorksHealth RatioTotal Wine & MoreHealth RatioSally BeautyHealth Ratio*Based upon 2019 sales statistics R E S TA UR A N T S & SHOP S

REGIONAL POWER CENTERPOSITIONED AT THE GATEWAY TO THE AWARDWINNING CINCO RANCH MASTER-PLANNED COMMUNITYNot a Part (NAP)Not a Part (NAP), Owned by Seller MagicDental YUMICafe

OU T S TA NDING S T R ENG T Hof Cinco RanchFully completed with nearly 15,000 homes spreadacross 8,100 acres, including: 91 Public Parks 11 Pools and Waterparks 17 Tennis Courts 5 Basketball and Volleyball Courts op 25 Rated Golf Course in the Country atTThe Golf Club at Cinco RanchAV E RAGE PORT FOLIO DE M OGRAPHICS (3 -M I L E S)DENSITYAVG. HOUSEHOLDINCOME2010-2020POPULATION GROWTHHOUSEHOLDS2020-2025 EST.POPULATION GROWTHMEDIAN AGEBACHELORS DEGREEOR HIGHERNET WORTH AGE 45 91,21415.3% 162,33834.964.8%60.5%28,803 1,727,209

Not a Part (NAP)Not a Part (NAP), Owned by SellerCINCO RANCH14,950 HOMES 8,100 ACRESINTERSTATE 1010CINCO RANCH14,950 HOMES 8,100 ACRESGRAND LAKES2,771 HOMESShops ofBELLA TERRAPARKWAY LAKES 1,600 HOMESLAKES OF BELLA TERRA725 HOMES 1,656 ACRES GRANPARKWAY LAKES 1,600 HOMESDPARKWAY 271,000VPD

SHOP S OF BEL L A T ER R AS I T E P L ANNO. TENANTPower CenterNot a Part (NAP)Not a Part (NAP), Owned by SellerAvailable12345678910111213SFPetSmartBath & Body WorksAvailableFamous FootwearRoss Dress for LessTotal WineParty CityAvailableULTA5 BelowBest Buy24 Hr FitnessCookie CuttersNO. 2526Sally BeautyAvailableCarl’s Jr.Vacant PadParadise GrillsMarble SlabSmile Studio OrthodonticsPalm Beach TanAvailableSlurp RamenYumi CafeAT&TRussos NY PizzeriaSFNO. 571,2281,9312,4382,2221,8391,6673,4382,897SFMagic DentalH&R BlockVision SourceSushi HanaMattress FarmSprintTropical Smoothie CafeVacant PadLeslie’s Pool SupplyGNCVienna NailsSport 2551,3822,0481,3111,604Canal Rd123 45NAP67891026252423 22HCA181721 20 1912Farmto MGrand Pkwy16Rd3027arket 10932931STNLSTNLNAP2833T-MobileCell Tower11NAPSTNL15STNL341314STNLNAPSTNLa Terra P35kwy39Bell38373632Bellaire BlvdNAP

99SHOP S OF BEL L A T ER R ALOCAT I ON M AP1960 § 45196069899 § 10610 § 10HoustonBELLA TERRA861069146ST59288

IN V E S T MEN T A D V IS OR SBA R RY B ROW NG E O RG E C U S H I N GA DA M H OW E LL SW E N DY VA N D E V E NTE RSenior Managing DirectorJLL Capital Markets 1 (469) [email protected] DirectorJLL Capital Markets 1 (713) [email protected] TH A N G O LD B E RGE R I N L A Z A RU SSenior Managing DirectorJLL Capital Markets 1 (469) [email protected] License #0267878AnalystJLL Capital Markets 1 (713) [email protected] Greenway Plaza, Suite 700 Houston, Texas 77046www.us.jll.com/capitalmarketsManaging DirectorJLL Capital Markets 1 (713) [email protected] Capital Markets 1 (469) [email protected] Lang LaSalle Americas, Inc. or its state-licensed affiliate (“JLL”) has been engaged bythe owner of the properties to market them for sale. Information concerning the propertiesdescribed herein has been obtained from sources other than JLL, and neither Owner norJLL, nor their respective equity holders, officers, directors, employees and agents makes anyrepresentations or warranties, express or implied, as to the accuracy or completeness ofsuch information. Any and all reference to age, square footage, income, expenses and anyother property specific information are approximate. Any opinions, assumptions, or estimatescontained herein are projections only and used for illustrative purposes and may be based onassumptions or due diligence criteria different from that used by a purchaser. JLL and ownerdisclaim any liability that may be based upon or related to the information contained herein.Prospective purchasers should conduct their own independent investigation and rely on thoseresults. The information contained herein is subject to change. The Property may be withdrawnwithout notice. If the recipient of this information has signed a confidentiality agreementregarding this matter, this information is subject to the terms of that agreement. 2020 JonesLang LaSalle IP, Inc. All rights reserved.