Corporate Headquarters For Sale 902 Columbia Avenue, Riverside, Ca

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1 Corporate Headquarters For Sale 902 Columbia Avenue, Riverside, Ca +/- 55,460 square feet Ian DeVries Executive Vice President License No: T Chris DeVries Associate License No: T Park Plaza Suite 1200 Irvine, CA Accelerating success.

2 THE OFFERING We are pleased to offer a state of the art industrial building for sublease or sale in the prestigious Hunter Park area of Riverside, California. 902 Columbia Ave is a +/- 55,460 SF Class A building with concrete tilt-up construction. The Property was built in 2004 with tenant improvements made to the satisfacton of the occupant. Developed by The Magnon Company, 902 Columbia offers several exceptional features, including dock high loading, clearance, ESFR sprinklers, secured truck courts, easy freeway access with high-image overstandard parking allowing for manufacturing with office support. Its functional design, curb appeal and strategic location within the Riverside Marketplace establish it as an excellent opportunity in the Inland Empire. 902 Columbia offers Class 8 Clean Room space totaling 7,188 SF. ISO Class 8 clean rooms have controlled environments that are about 100,000 times cleaner than natural air. HEPA filters remove 99.97% of particles larger than 0.3 micrometers and keep the circulated air free of contaminants. Hunter Park is an institutional quality industrial development in the city of Riverside and an important distribution hub. Corporate neighbors include Car Quest, Walmart, Anheuser Busch, TM Cobb, Sabert Plastic Corp, and Dr. Pepper Property Area Highlights Prime Riverside location with Riverside Cheap Utility Rates Strong Inland Empire East Marketplace with 8% vacancy rate, dropping from 8.6% a quarter earlier The City of Riverside is ranked #1 among all Inland Empire cities in virtually every economic indicator: including number of jobs, number of businesses, amount of available office space and assessed valuation. Attractive to many businesses, rail service connects Riverside County businesses with important markets, ports of entry, and key airports to expedite major national and international commerce transactions. Riverside County is one of the fastest growing counties in the United States With an 18.6% increase in Science, Technology, Engineering, and Math jobs since 2001, Forbes Magazine ranks Riverside in 2013 as the #2 Hot Spot for technology growth in nation

3 table of CONTENTS PROPERTY INFORMATION...3 CLEAN ROOM INFORMATION...4 SITE PLAN & FLOOR PLANS MARKET OVERVIEW...8 PROPERTY PHOTOGRAPHS AERIAL & MAPS AREA OVERVIEW...15 Accelerating success.

4 PROPERTY INFORMATION Page 3 property information ADDRESS: ASSESSORS PARCEL NUMBER: ZONING: GENERAL PLAN: 902 Columbia Avenue, Riverside, California (MP) Manufacturing Park (BP / OP) Business Park / Office Park BUILDING SIZE: 44,000 SF (approx.) SF Footprint 1,540 SF (approx.) Office Build out (1st Floor) 11,460 SF (approx.) Improved Steel Mezzanine Office Area +/- 55,460 SF Total Area CLEAN ROOMS Two ISO Class 8 Clean Rooms Totaling +/- 7,188 SF (5,148 SF & 2,061 SF) CONSTRUCTION YEAR: 2004 CONSTRUCTION TYPE: Concrete Tilt-up ROOF SYSTEM: 4 ply, 10 year manufacturer warranty on materials only, not labor. Lessee is responsible for all maintenance of the roof. CLEAR HEIGHT: 26 Clearance at 1st Column (average is 28 ) FIRE SPRINKLERS: Early Suppression Fast Response (ESFR) with electric pump. TRUCK LOADING: 6 dock high loading doors (9 x10 ), 1 ground level door (12 x14 ). TRUCK YARD: PARKING: Fenced and Secured. 126 parking spaces.

5 CLEAN ROOM INFORMATION Page Columbia Avenue offers Clean Room space totaling 7,187.5 SF: 39 6 x 130 = 5,135 SF for Molding 30 4 x 67 8 = 2,052.5 SF for Inspection Clean rooms are spaces maintained free of dust and other airborne particles as well as bacteria and other contaminants. They are used in manufacturing, packaging and research facilities for products such as: semiconductors, pharmaceuticals, medical devices, aerospace electronics, microelectronics, satellites, and missiles as well as for advanced research in laser and optic industries. ISO Class 8 clean rooms offer a white room environment for medical packaging and assembly, electronic assembly and special handling of parts sensitive to contamination. With the same stringency standards as US FED 209 E Class 100,000 clean rooms, ISO Class 8 clean rooms have controlled environments that are approximately 100,000 times cleaner than natural air. HEPA filters remove 99.97% of particles larger than 0.3 micrometers and keep the circulated air free of contaminants. These clean rooms measure concentration of airborne particles and require: Less than 29,300 particles sized larger than 5 micrometers per cubic meter of air No more than 832,000 particles sized less than 1 micrometer per cubic meter of air Fewer than 3.52 million particles sized lass than 0.5 micrometers per cubic meter of air Vents and filtration systems to cycle the clean room s entire volume of air in a 1 hour period Positive pressure inside the room relative to outside the environment so that air rushes out when the door is opened. Clean Room Equipment Location Clean Room Equipment Location HVAC HEPA Filter Fan units (4) Roof Post cure oven exhaust scrubber Roof Condensor/Evaporator Units. (4) Roof R.O. Unit R.O. Room T-bar ceiling Clean Room Sliding glass doors, Interlocked. Clean room Supply/Return registers Clean Room Compressed air receiver tank for clean room machinery Molding Area 5 differential pressure guages Hallway Power distribution panels 480 Volts, 208 Volts Clean Room Craneveyor 1 1/2 Ton crane Clean Room Stainless Steel wash basins (2) Gown Rooms ADF Washer Post Cure Mold Exhaust hoods and fans (7) Clean room Machines Despatch post cure ovens (2) Post Cure Gown Room Cabinets (4) Gown Rooms

6 property site plan Page 5 SITE N Property Site Plan The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

7 floor plans Page 6 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

8 floor plans Page 7 The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

9 MARKET OVERVIEW Page 8 Inland Empire The Inland Empire (IE) is the 9th largest industrial submarket in the US with an industrial base that boasts over 386 million square feet and still growing. With its close proximity to the ports of Long Beach and Los Angeles, it provides industrial buildings that are larger and more modern than facilities in the Los Angeles and Orange County s industrial markets. Highlights: Newer: 88% of the IE industrial base was constructed in the past 20 years Economical: Businesses are attracted by industrial sale and lease rates that are 40-50% cheaper than rates found for comparable product in Orange County and Los Angeles markets. Location: miles from the metropolitan areas of Los Angeles and Orange County with easy access to vast a freeway network that includes the I-10, I-15, I-215, and highways 60 and 91. Opportunistic: San Bernardino and Riverside are the 1st and 4th largest counties in California respectively. Large Employment Pool: Riverside and San Bernardino counties are the 4th and 5th most populous counties in California respectively. Eastern Inland Empire: The Eastern Inland Empire industrial base exceeds 142 million SF, which is approximately 37% of the total Inland Empire industrial market. In the past year, the market has improved as sale and lease rates increased in response to shrinking vacancy and increasing capital investment demand for industrial product in the region. Vacancy shrank from 8.6% in Q to 8.0% Q despite million SF of new construction Average Sale Prices increased 10% from Q to Q Capital return rates (cap rates) currently are in the 5.5% - 6.0% range for Class A product, which is modern warehouse with 30 clearance, ESFR sprinklers, and large truck courts

10 PROPERTY PHOTOGRAPHS Page columbia AVENUE

11 PROPERTY PHOTOGRAPHS Page 10

12 PROPERTY PHOTOGRAPHS Page 11

13 STREET MAP Page 12

14 HUNTER PARK AERIAL MAP Page 13

15 FREEWAY AREA MAP Page 14

16 AREA OVERVIEW Area Overview Riverside s Economy at a Glance: Page 15 County of Riverside Centrally located in the heart of Southern California, Riverside County boarders San Bernardino, Orange and San Diego Counties. Interstate 10 traverses the entire County from east to west, and Interstate 15 and 215 connect Riverside County with San Diego County and San Bernardino County. Highway 60 and 91 link Riverside County to Los Angeles and Orange Counties. Attractive to many businesses, rail service connects Riverside County businesses with important markets, ports of entry, and key airports to expedite major national and international commerce transactions. Riverside County is one of the fastest growing counties in the United States, leading the rapidly changing Inland Empire market. As the fourth most populous county in California, it boasts a current estimated population of approximately 2,239,620. Riverside is made up of 28 cities and encompasses approximately 7,303 square miles, which makes it California s fourth largest county. City of Riverside The City of Riverside is located approximately 50 miles southeast of Los Angeles in western Riverside County. The City limits encompass 86 square miles and the population is approximately 308,511. A city whose heritage spans more than a century, Riverside has emerged as an ethnically diverse community, where a significant percentage of the population is made up of young, well educated families with a median age of 30.3 years. The city has invested billions of dollars in infrastructure improvements to serve the residents and businesses well into the future. The City of Riverside is ranked #1 among all Empire cities in virtually every economic indicator: including number of jobs, number of businesses, amount of available office space and assessed valuation. The Inland Empire s Gross Metropolitan Product is in excess of $111 Billion, which ranks within the top 25 metropolitan areas throughout the United States The City of Riverside is ranked the 12th largest city in California and the 61st largest city in the United States based upon population. With an 18.6% increase in Science, Technology, Engineering, and Math jobs since 2001, Forbes Magazine ranks Riverside in 2013 as the #2 Hot Spot for technology growth in nation. Riverside was named as the Most Intelligent Community of the Year Selected from over 400 of the world s best cities, Riverside was recognized for its efforts to improve quality of life and is confirmed as a community that is a great place for people to work, do business and raise a family. In 2010, City of Riverside was named a Top 25 City for Business by Executive Outlook Magazine (identified as a bright spot in a tough economy) Riverside Public Utilities provides water and electricity to Riverside businesses at a lower rate than Southern California Edison served areas. Median new home price in Riverside is $229,000 in 2012, which is 117% and 157% less expensive than the median new home prices in Los Angeles County and Orange County respectively. Average household income is $71,592 Businesses locating or expanding in the area may qualify for a variety of financial incentives. With a 5,400 foot ILS/GPS runway, the Riverside Municipal Airport can accommodate most business jets for flights throughout the continental United States and Mexico

17 For More Information, contact: Ian DeVries Executive Vice President License No: T Chris DeVries Associate License No: T Accelerating success.