Stop guessing. Start knowing.Start knowing.

Presenting the next generation of America’s #1 source of researched and verifi ed commercial property sales comparables

Stop guessing. Start knowing.Start knowing.

Welcometo incomparable sales comparables

Welcome to CoStar COMPS Professional.

For more than 20 years, CoStar COMPS has been the unquestioned leader for research-verifi ed commercial property transaction information, market trend analysis, appraisal support, and property valuation.

And today?

CoStar COMPS now leapfrogs that industry-leading performance with a major upgrade which delivers unprec-edented sales comparables reporting speed, accuracy, detail, and convenience for brokers, appraisers, lenders, advisors, and others seeking unmatched valuation confi dence.

Now more than ever, trust CoStar COMPS Professional for the information you need, when you need it.

We encourage you to discover all the ways this powerful online service helps you research commercial property sales and for-sale listings, identify market trends, expedite the appraisal process, and support property valuations.

Andrew C. Florance President and Chief Executive Offi cerCoStar Group, Inc.

Researched and Verifi ed … Your Valuation EdgeUnlike services that merely aggregate and post a subset of for-sale listings with unconfi rmed details online, CoStar takes an approach that revolution-ized the industry a generation ago:

Our goal is to include and verify every for-

sale listing in the U.S. and actively research

principal-to-principal deals and thousands

of other commercial real estate sales that

never make it to a listing service.

Why this painstaking, building-by-building approach?

Because your decisions to buy, sell, fi nance or value commercial property are too important to trust to unverifi ed, unresearched sales transaction reports.

Today only CoStar COMPS offers a complete census database of researched and verifi ed sales transactions. Over one million records and counting. And only CoStar backs your need for independent, impartial information with the indus-try’s largest professional research organization.

More than 1,000 highly-trained fi eld and analytic research professionals –

■ Physically inspect and photograph properties■ Call and interview the dealmakers ■ Uncover and confi rm transaction details ■ Examine and consolidate documents and deeds

No one else sweats sales comparables details like CoStar. As you weigh your valuation options, take time to get the full story on the researched, verifi ed difference of CoStar COMPS Professional.

A $2 Trillion Clearinghouse of Valuation Information

Retail

Specialty

Multi-Family

Commercial Land

Hospitality

Industrial Land

Industrial

Offi ce

Residential Land

CoStar COMPS Professional

Offers Unmatched Coverage &

Sales Volume Across All

Commercial Property Types,

Now Over One Million

Records and Growing

A look at CoStar COMPS database by the number of sales transaction

records in each commercial property type

Brokers■ Research an unparalleled sales com-

parables database of over one million records valued at more than $2 trillion across all property types.

■ Refi ne searches with dozens of sec-ondary types, from airplane hangar and airport retail to water treatment facility and winery/vineyard.

■ Present confi dent valuation under-standing with verifi ed, independently researched information. CoStar COMPS delivers standards-based consistency and continuous updates from more than 1,000 CoStar research professionals.

■ Breakthrough one-view look at sold, for-sale and under contract/pending properties. View property status by aerial, map or in a results table with fast, at-a-glance convenience.

■ Use a remarkable array of presentation enhancements and customization features for more informative, stylish comps and market trend reports.

■ Gather true ownership contact information – the names behind LLCs and other legal veils – to give you the inside track on the market’s most active buyers and sellers.

■ View cap rate, sale date, dollars/SF, property type with distinctively plot-ted map and aerial icons for quick trend-spotting.

■ Track off-market, principal-to-principal deals and the buyers and sellers behind them (which may represent more than 30% of all local transactions).

■ Overlay property-level Claritas demographic information* on subject properties, helping support valuation decisions with local market income, age, consumer spending, daytime employment, and more.

■ Add documents, fi les, annotations, and notes to subject property records, helping to simplify organization and management of the properties you’re tracking.

To advise others on dispositions,

purchases, market trends, listing price,

and more, you require the latest, most

accurate sales comparables information.

What did the property close for?

What’s the story behind the deal?

Who are the dealmakers?

Where is the market trending?

Yet who has time to drive the streets,

phone colleagues, search tax records

and public documents, and review the

business press? Or why stake your good

name on the uncertain, unverifi ed comps

information others offer? Next-genera-

tion CoStar COMPS Professional puts all

that behind you with a remarkable array

of business-building benefi ts at your

fi ngertips.

CoStar COMPS Professional delivers the researched, verifi ed valuation detail you need to help –

■ Establish realistic listing prices

■ Present well-documented purchase sales analysis

■ Accurately assess competitors

■ Position yourself as the market’s go-to valuation professional

Commercial Real Estate

*Claritas demographic data is property of Claritas, Inc.

2200 Lake Blvd NE

Atlanta, GA 30319 - Upper Buckhead Submarket

35,000 SF Class B Office Building Built in 1993

Property is for sale at $10,500,000 ($300.00/SF)

FOR SALE

Sales Co: Richard Bowers & Company

Paul Mendel

(770) 955-2998

260 Peachtree St NW

Atlanta, GA 30303

(404) 816-1600

Sale Contacts

Sales Contact 1:

Asking Price:

Seller Cap Rate:

Price/SF: $300.00$10,500,000

Sale Type:

Land Area:

Bldg Status:

-

Investment OR Owner/User

Office

Built in 1993

-

RBA: 35,000 SFBldg Type:

Days on Market: 43

Sale Status: Active

For Sale Data

Percent Leased: 100.0% (33,500 SF Avail)

Spacer

Bldg Type: Office

B33,500 SFClass:

Total Avail:

Bldg Vacant:

Tenancy:

Owner Type:

Owner Occupied

0 SFSingle

-Yes

Bldg Status: Built in 1993

100.0%

For Sale Only% Leased:

Rent/SF/Yr:

Typical Floor Size:

Land Area:

Elevators:

Zoning:

11,167 SF

-

0

-

Current Building Information

RBA: 35,000 SF

Core Factor: -

Stories: 3

Parking: Ratio of 1.42/1,000 SF

ID: 439361

Location Information

Atlanta

Buckhead/Upper Buckhead

Metro Market:

Submarket:

County: DeKalb

Spacer This copyrighted report contains research licensed to CoStar Group, Inc. - 306574.

11/9/2006

Page 1

171-179 E Campus View Blvd

1

For Sale: $3,900,000 ($520/SF)

Columbus7,500 SF Shopping Center/Strip

Center

901-911 James Rd

2

For Sale: $2,550,000 ($68.33/SF)

Columbus37,321 SF Shopping

Center/Neighborhood Center

2100 Dublin Rd3

Sold: $2,900,000 ($256.98/SF)

Columbus 11,285 SF Retail/Drug Store

1242-1290 W 5th Ave

4

Sold: $2,900,000 ($143.62/SF)

Columbus20,192 SF Shopping Center/Strip

Center

976 W 5th Ave5

Sold: $2,000,000 ($59.97/SF)

Columbus 33,349 SF Retail

2300 S Hamilton Rd

6

Sold: $2,100,000 ($16.54/SF)

Columbus127,000 SF Shopping

Center/Community Center

1914-1970 Cleveland Ave

7

Sold: $3,445,000 ($82.06/SF)

Columbus41,984 SF Shopping

Center/Neighborhood Center

2136 Bethel Rd8

Sold: $2,832,500 ($249.89/SF)

Columbus11,335 SF Retail/General

Freestanding

5582 NW Hall Rd

9

Sold: $2,812,500 ($94.25/SF)

Columbus29,840 SF Shopping Center/Strip

Center

721-739 Georgesville Rd

10

Sold: $2,185,000 ($181.40/SF)

Columbus12,045 SF Shopping Center/Strip

Center

30 S 4th St11

Sold: $3,000,000

Columbus Retail/Parking Lot

2460 Brice Rd12

Sold: $2,665,200 ($1,567.76/SF)

Columbus 1,700 SF Retail

162 N High St13

Sold: $3,150,000

Columbus Retail/Auto Repair

Address

CityProperty Info

Sale Info

This copyrighted report contains research licensed to CoStar Group, Inc. - 306574.

11/15/2006

Page 1

SF Shopping Ceente

r1 SF Shopping

er/Neighborhood d Cen

85 SF Retail/Drugg Sto

192 SF Shopping CCent

nter

,349 SF Retail

27,000 SF Shopping g

Center/Community Ceenter

41,984 SF Shopping

Center/Neighborhood Cen

11,335 SF Retail/Geneneral

Freestanding

29,840 SF Shopping CCent

Center

12,045 SF Shopping CCent

Center

Retail/Parking Lot

1,700 SF Retail

Retail/Auto Repair

ty Info

ch licensed toto CoS

At(404) 816-1600

Sale Type: InveOffi

For Sale Data

urrent Building Inf

Location

t contains r

1 222 N LaSalle St

SOLD

Chicago, IL 60601

Cook County

222 NLS Properties, LLC

Recorded Buyer:

Recorded Seller: 222 North LaSalle Properties

222 N LaSalle St

Chicago, IL 60601

(312) 236-6300

Sale Date:

Research Status:

Sale Price:$127.89$120,000,000 - Declaration

01/03/2006

Bldg Type:

Year Built/Age:RBA:

Parcel No:

Lender:17-09-417-003-0000, 17-09-417-005-0000

Teachers Insurance & Annuity

Research Complete

Class B Office

Built 1927 Renov 1986 Age: 79

938,314 SF

Price/SF:

2 111 W Monroe St - Harris Bank Bldg

SOLD

Chicago, IL 60603

Cook County

Hines Interests, LP

Recorded Buyer:

Recorded Seller: Harris Bank

2800 Post Oak Blvd

Houston, TX 77056

(713) 621-8000

111 W Monroe St

Chicago, IL 60603

(312) 461-6199

Sale Date:

Research Status:

Buyer Cap Rate:

Sale Price:

Seller Cap Rate:

$182.20$114,000,000 - Confirmed03/01/2005

Bldg Type:

Zoning:

Sale Conditions:

Year Built/Age:RBA:

--

Parcel No:

Lender:17-16-211-004-0000

Lender Not available

Research Complete

Class B Office

Built 1910 Renov 1958 Age: 95

625,696 SF

-Sale Leaseback

Price/SF:

3 200 N LaSalle St

SOLD

Chicago, IL 60601

Cook County

Younan Properties, Inc.

Recorded Buyer:

Recorded Seller: Transwestern 200 North Lasalle

LLC

5959 Topanga Canyon Blvd

Woodland Hills, CA 91367

(818) 703-9600

True Buyer: Younan Properties, Inc.

1900 West Loop S

Houston, TX 77027

(713) 270-7700

Sale Date:

Research Status:

Buyer Cap Rate:

Sale Price:

Seller Cap Rate:

$172.88$108,750,000 - Declaration10/03/2006 (188 days on mkt)

Bldg Type:

Zoning:

Sale Conditions:

Year Built/Age:RBA:

--

Parcel No:

Lender:17-09-418-005-0000, 17-09-418-006-0000, 17-09-418-007-0000, 17-09-418-008-0000 [Partial List]

Countrywide Com'l R/e Fin

Research Complete

Class A Office

Built 1984 Age: 22

629,040 SF

-Bulk/Portfolio Sale

Price/SF:

This copyrighted report contains research licensed to CoStar Group, Inc. - 306574.

12/4/2006

Page 1

iceuilt in 1993

5,000 SF

uilt in 1993

100.0%

For Sale Only

11,167 SF

00

5,000 SF

-3

ID: 439361

Group, Inc. - 306574.

11/9/2006

Page 1

Sale

Land Area:

Bldg Status:OffiBu

-

RBA: 35Bldg Type:

Bldg Status: Bu

1F% Leased:

Rent/SF/Yr:

Typical Floor Size:

Elevators:Elevators:

formation

RBA: 35

CCore Factor:

Stories:

Informatition

research licensed toto CoStar

Business-Winning ReportsYou know what a classy, information-rich report means to prospects and clients. Next-generation CoStar COMPS offers a wealth of presentation enhancements to help make reports shine with maps, images, charts, graphs, and tables with the fl exibility to style to your tastes.

Instant Sales StatusWhat’s sold? What’s for sale? What’s under contract? See it all with at-a-glance speed. The results set (pictured) makes it easy to sort by sales status. Mouse over a property for a handy pop-up with picture.

Tabbed AdvantageEach property record in CoStar COMPS displays a new tab array that makes it easy to view what you need. Interested in analytics? Demographics? Sale transac-tion detail? Contacts? Just click and go.

Appraisers■ Research more than one million

sales records across all commercial property types. Get instant access to an unrivaled database of verifi ed, researched transaction records to help make valuation decisions that stand up to rigorous third-party review.

■ Save time with easier-to-use screen view and search menu with a wide variety of ways to generate more pre-cise sales comps, including more than 35 additional property-type options, such as the number of loading docks (industrial) and unit mix (multi-family).

■ One-click access to source documents, such as trust deed or grant deed, providing direct verifi ca-tion and minimizing courthouse visits.

■ Count on CoStar Comps reporting as fast as the day of sale for proper-ties marketed with CoStar or within several days of sale for many of the researched comparables.

■ View off-market, principal-to-principal deals, which can account for more than 30% of all commercial property transactions.

■ Get the story behind the deal, thanks to CoStar researchers and news reporters who dig deep to give you the perspective you and your clients need.

■ Select from a wide assortment of stylish, professional report options and enhancements to provide the “wow factor” you need to compete and win.

■ Overlay property-level demographics from Claritas* for even more market insight, including daytime employ-ment, income, age trends, and much more.

Next-generation CoStar COMPS is

the valuation edge you need to meet

your clients’ toughest time and quality

expectations.

With mouse-click convenience, CoStar

COMPS canvasses the neighborhoods,

CBDs, industrial parks, and submarkets

you’re investigating, pinpointing what’s

for-sale, sold, and under contract from

aerials, maps or results tables. That’s

for starters. Aerials and maps can also

display –

■ Properties by sale dates■ Properties by cap rates■ Properties by $/square foot■ Shopping centers, retail chains, and

retail property types■ Parcel boundaries on aerials■ Traffi c counts on aerials ...and more

Result? Less reliance on well-meaning

colleagues … unverifi ed, unresearched

sources … and the time and trouble of

courthouse visits. With CoStar COMPS

you can expect more business-winning

speed, confi dence, and insight. Trust

CoStar COMPS when time, accuracy,

coverage, and quality matter.

“What did I miss?”

CoStar COMPS answers that question with the unmatched inventory and VERIFIED, RESEARCHED detail CoStar is famous for. Put the industry’s largest research organization to work for you, helping you –

■ Perform due diligence more quickly

■ Quickly view market trends

■ Gain valuable dealmaker contact info

*Claritas demographic data is property of Claritas, Inc.

Market VisualizationNext-generation CoStar COMPS goes beyond dynamic maps and rooftop aerials with innovative overlay technology. Take this aerial. The property icons are plotted with rooftop precision, revealing with at-a-glance ease which properties are for-sale, sold or under contract. Interested in price/SF, cap rates and more? A mouse click overlays that detail as well.

Even the SourceDocumentsAs new sales comps are added to CoStar COMPS, available source docu-ments such as the trust deed, grant deed, and news release are attached. This extra measure of verifi cation underscores the care and precision with which CoStar approaches each transaction– not to mention the time it saves you.

Unmatched Analytic Insight The Analytic tab presents an amazing array of transaction insight. Select from up to 16 charts, including Direct & Sublet Leasing Activity; Time On Market Analysis and more. Sales and leasing transaction history? You’ll fi nd it all neatly detailed across 17 time frame options. All that, plus a bank of property-specifi c news articles. CoStar COMPS analytics– a powerful decision-support tool.

Lenders■ View census-based, building-by-

building detail with granular, micro-detail (yes, even sublease detail) that yields unmatched macro understand-ing at the portfolio, submarket, mar-ket, county, state, and national level.

■ Track results with a consistent, stan-dards-based research methodology that provides uniform reporting and analytical views for more confi dent decision-support.

■ Count on hands-on fi eld and ana-lytic researchers to dig deep to get the story behind the deal (e.g., non arms-length, 1031 exchange, distress, principal-to-principal, etc.), giving you critical transaction perspective.

■ Take a fast, one-view look at for-sale, sold, and under-contract properties with custom parameters you set on aerials, maps or table results. It’s a powerful way to visualize competing properties and local market trends.

■ Gather real-name contact informa-tion behind LLCs and other legal veils, giving loan originators a clear path to new business, including refi nancing opportunities.

■ Implement an independent source of checks and balances at appraisal review time.

■ Depend on an unmatched source of multi-family property information, including over 200,000 transaction records valued at over $440 billion.

■ Pre-screen loan applicants by view-ing transaction history, loan sources and other independently researched review criteria.

When it comes to the commercial prop-

erty detail you need to mitigate risk and

maximize profi ts, there’s no substitute

for verifi ed, researched insight.

Statistical modeling doesn’t cut it.

Sampling is a best-guess estimate. Only

boots-on-the-street that canvass, pho-

tograph, measure, and confi rm build-

ing-by-building can do it. These fi eld

researchers are supported by research

analysts that interview dealmakers, sift

through public records, gather transac-

tion documents and verify aspects of

the closing to deliver CoStar’s unrivaled

brand of verifi ed, researched sales

comparables.

Today no other sales comparables

source provides the verifi ed, indepen-

dently researched sales transaction

information behind the most important

properties, portfolios, submarkets, and

markets.

Today a “Who’s Who” of America’s most respected fi nancial names place their trust in CoStar COMPS Professional, including top players in nearly all industry segments –

Only CoStar COMPS Professional provides the census-based, suite-level detail that gives you unmatched valuation intelligence. It’s VERIFIED, RESEARCHED property intelligence that helps –

■ Accurately underwrite mortgages

■ Prospect refi nancing business

■ Expedite appraisals

■ More precisely value loan portfolios

■ DUS Lenders■ Holding Firms■ Institutional Advisory Groups■ Insurance Companies/Pension Funds■ Large Lending Institutions/CMBS■ Mortgage Banks

■ Multi-Family Lenders■ National Banks■ Opportunity Funds■ Rating Agencies■ REIT Analysts■ Valuation

Dealmaker ExpressCoStar COMPS helps lift the legal veil that often shrouds valuable contact information, including real names and phone numbers. CoStar researchers do the pains-taking pre- and post-transaction research so you have more time to close deals.

Who Are theCurrent Tenants? Who were the tenants at the time of sale? A single tenant? Multiple tenants? If multiple tenants, what is the tenant mix? What industries? What staff size? CoStar understands it’s details like these that help reveal a subject property’s down-stream ROI.

Direct Independent Verifi cation

CoStar’s army of more than 1,000 researchers painstakingly strive to research all commercial buildings, not just a sampling. This focus on independent, impartial research gives you the unbiased insight you need. This research process includes many advanced tools, such as a fl eet of low-emission, hybrid research vehicles.

Government Executives

For independent, third-party corroboration of the valuation questions before you, nothing beats CoStar COMPS.

Unlike some services that merely aggregate and post a subset of for-sale listings with unconfi rmed details online, CoStar seeks out and verifi es all for-sale listings throughout the country … as well as actively researches principal-to-principal deals and thousands of other commercial real estate sales that never make a listing service.

It’s valuation confi dence and a researched, verifi ed perspective you won’t fi nd anywhere else.

Advanced Search Criteria With pinpoint precision, CoStar COMPS help speed tax appeals by quickly identifying like-kind proper-ties in any tax assessment challenge. Search by geography, zoning designa-tion, assessed value, construction type, secondary building type, year built and a host of other selection criteria.

Quantity and QualityResearched, verifi ed comps are only part of the CoStar COMPS story. The breath-taking scope of CoStar COMPS research helps ensure economic development professionals have the depth of insight, including demographics, that helps win new business. Retail, industrial, offi ce, multi-family, and all commercial property types are represented in rich abundance, simply-fying assessment defenses and economic development initiatives.

Tax Appeal Specialists

CoStar COMPS is the indispensable, one-stop source for any professional who needs trusted sales comparables depth and breadth including:

■ Tax Appeal Specialists

■ Government Executives

■ Corporate Real Estate Owners

■ Real Estate Investment Trusts

Real Estate Investment Trusts

■ Tax Appeal Specialists. CoStar COMPS provides the verifi ed sales comparables data you need to fi le strong appeals and level the playing fi eld with taxing authorities. What’s more, CoStar COMPS helps you fi le like-appeals and prospect for similar opportunities.

■ Government Executives. CoStar COMPS helps support property assessments and economic development initiatives with impartial, third-party sales records of like-kind proper-ties. Result: Fewer reversals on appeal and more business development, helping maximize public sector revenue.

■ Real Estate Investment Trusts (REITs). CoStar’s nationwide reporting provides the coverage your REIT needs to assess regional and national expansion. Consolidated, easy-to-read report formats help simplify property tax management, better understand changing submarket trends, and support improved ROI decision-making for acquisitions and dispositions.

■ Corporate Real Estate Professionals. “What’s that property worth?” The answer’s not always easy, especially when the property is remote and the market is unfamiliar. CoStar COMPS provides the unbiased checks and balances you need to arrive at an accurate opinion of value, helping you make more profi table buying or disposition decisions.

A View Like No Other Your decision to trim or grow your portfolio in retail, offi ce, multi-family or other sectors requires every infor-mation advantage. CoStar COMPS’ three-way view of sales status – for-sale, sold, and under-contract – gives you unprecedented perspective on changing market dynamics. Result: breakthrough visualization that helps you peer beyond the moment to what lies ahead.

AuthoritativeNational Insight Managing distant property assets is often complicated by uncertain valuation standards and appraisal sources. CoStar COMPS helps end that concern by bringing standards-based valuation rigor, uniformity, and transparency to the process. “Do we sell, hold, or buy?” Only CoStar COMPS gives you such quick, assured insight into many key national markets.

Corporate Real Estate Owners

www.comps.com1.800.811.4660

2 Bethesda Metro Center Bethesda, MD 20814© 2007 CoStar Realty Information, Inc.

CoStar Group — America’s #1 Commercial Real Estate Information Company

Twenty years ago CoStar Group, Inc. (NASDAQ: CSGP) revolutionized the commercial real estate industry with a simple yet powerful idea: Create the most thoroughly researched, unbiased source of commercial property information anywhere.

Today, CoStar is the #1 commercial real estate company in the U.S. and U.K. Our proprietary database cov-ers more than two million properties and more than 37 billion square feet of inventory in all commercial property types and classes. CoStar’s research organization includes more than 1,000 fi eld and analytic research professionals supported by patented research technology. CoStar COMPS Professional— veri-fi ed, researched sales comparables insight that’s unmatched for depth, breadth, and valuation insight.

Stop Searching. Start Finding.

Printed on Recycled Paper

Call 1.800.811.4660Visit www.comps.com

EXPERIENCE the Groundbreaking Upgrade of

CoStar COMPS Professional® for Yourself

Preview America’s leading source of verifi ed and researched commercial property real estate comparables with a FREE personalized demo.

See why so many of the industry’s most respected industry names make CoStar COMPS the indispensable, one-stop source for commercial property sales comparables.

For a FREE demo of CoStar COMPS, contact your local CoStar Account Representative.

Want immediate help? Need to research outside your present CoStar COMPS market? Log onto –

CoStar COMPS

Express®

CoStar COMPS Express is your portal to instant, on-demand access to the full national inventory of sales records. Every property type. Every class. Every verifi ed, researched record in a database of more than one million transactions coast-to-coast.

With on-demand, pay-as-you-go convenience, anyone who needs sales comps can access the subscription-free version of America’s leading source of researched commercial real estate comparables.

To get started or for pricing detail –

Call: 1.888.499.9791 Email: comps-express@costar.comwww.comps-express.com

You’ll like the way our Express version of COMPS gives you immediate access to the sales comps and markets most important to you.