Office Building Appraisals

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=140 BGCOLOR="#FFFFFF" TEXT="#080000" bgproperties="fixed" background="07ff0f21egerdp.jpg"> <div> <B><IMG SRC="05f203c0.jpg" border=0 width="32" height="60" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B><FONT SIZE="6" COLOR="#66334C" FACE="Times New Roman" ><A HREF="index.htm" TARGET="_top" TITLE="Pickering Valuation Group"><U><B>Pickering Valuation Group</B></U></A></FONT></div> <div> <A HREF="id2.htm" TARGET="_top" TITLE="About Pickering Valuation Group"><U>About Pickering Valuation Group</U></A>   |   <A HREF="id43.htm" TARGET="_top" TITLE="Services Offered"><U>Services Offered</U></A>   |   <A HREF="id50.htm" TARGET="_top" TITLE="Property Types Appraised"><U>Property Types Appraised</U></A>   |   <A HREF="id7.htm" TARGET="_top" TITLE="Client List"><U>Client List</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=150 BGCOLOR="#FFFFFF" TEXT="#080000" bgproperties="fixed" background="05df2f02egerdp.jpg"> <div> <A HREF="id44.htm" TARGET="_top" TITLE="Commercial Appraisals"><U>Commercial Appraisals</U></A></div> <div> <A HREF="id49.htm" TARGET="_top" TITLE="Large Industrial Appraisals"><U>Large Industrial Appraisals</U></A></div> <div> <A HREF="id51_m.htm#headquarterowner_user_office_building" TARGET="TRLX_Middle" TITLE="Office Building Appraisals"><U>Headquarters Facilities</U></A></div> <div> <A HREF="id51_m.htm#multi_tenant_office_buildings" TARGET="TRLX_Middle" TITLE="Office Building Appraisals"><U>Multi-Tenant Office Buildings</U></A></div> <bR> <bR> <bR> <bR> </td> <td valign="top" height=340 BGCOLOR="#FFFFFF" TEXT="#080000" bgproperties="fixed" background="081f0f03.jpg"> <div> <I>Office Building Appraisals</I></div> <div> <B> <A NAME="headquarterowner_user_office_building"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="1" ALIGN="bottom" WIDTH="1" HSPACE="0" VSPACE="0" ></A></B><U>Headquarter/Owner User Office Buildings</U></div> <div> <B> <TABLE BORDER="0" CELLPADDING="5" CELLSPACING="1" WIDTH="599" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="465"><div> Dow Chemical World Headquarters, Midland, MI</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 940,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 276 ><NOBR><div> Chrysler World Headquarters (now DaimlerChrysler), </div> <div>      Auburn Hills, MI</div> <div> <IMG SRC="0ee90d70.jpg" border=0 width="400" height="215" ALT="DaimlerChrysler Headquarters - Auburn Hills, MI" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <bR> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 933,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="465"><div> Red Roof Inn Corporate Headquarters, Hilliard, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 350,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 WIDTH="465"><div> Honda of America Regional Headquarters and </div> <div>      Operations Center, Marysville, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 370,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 ><NOBR><div> Honda of America Research and Development Center</div> <div>      Marysville, OH</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 475,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> Ameritech/Ohio Bell Regional Headquarters, Columbus, OH</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 310,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="465"><div> Abbott Labs, Ross Park, Columbus, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 480,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> American Ceramic Society Headquarters, Columbus, OH</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 20,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> Ameritech Switching Station and Operations Center, Columbus, OH</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 490,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 299 ><NOBR><div> Ameritech Switching Station, Worthington, OH</div> <div> <IMG SRC="0e190060.jpg" border=0 width="400" height="262" ALT="Ameritech - Worthington, OH" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 35,800 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 WIDTH="465"><div> Midwestern Volkswagen Regional Headquarters,</div> <div>      Dublin, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 250,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="465"><div> EBMC Headquarters, Dublin, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 33,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="465"><div> GTE Regional Headquarters, Bellevue, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 25,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> National City Bank Data Oper. Cntr., Columbus, OH</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 190,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 279 ><NOBR><div> East Ohio Gas Regional Headquarters, Lima, OH</div> <div> <IMG SRC="0df90fc0.jpg" border=0 width="400" height="252" ALT="East Ohio Gas - Lima, OH" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="111"><div> 12,000 SF</div> </tD> </tR> </TABLE></B></div> <bR> <div> <B> <A NAME="multi_tenant_office_buildings"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="1" ALIGN="bottom" WIDTH="1" HSPACE="0" VSPACE="0" ></A></B><U>Multi-Tenant Office Buildings</U></div> <div> <TABLE BORDER="0" CELLPADDING="5" CELLSPACING="1" WIDTH="584" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 423 WIDTH="450"><div> Two Nationwide Plaza Building, Columbus, OH</div> <div> <IMG SRC="0dc0b900.jpg" border=0 width="267" height="400" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 296,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Gahanna Office Center, Gahanna, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 43,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Worthington Office Park, Worthington, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 38,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Office Scape I-270 Building, Worthington, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 60,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Caspian I Building, Upper Arlington, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 16,500 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Whetstone Medical Center, Columbus, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 30,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Rahn Medical Center, Dayton, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 42,500 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Concept V Office Building, Columbus, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 40,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Metro Center II, Dublin, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 100,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> Quarry Office Building, Dublin, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 7,500 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><div> 1700 Lake Shore Building, Columbus, OH</div> </tD> <tD VALIGN=TOP WIDTH="111"><div> 49,000 SF</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="450" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="111"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="111" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="450" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=BOTTOM WIDTH="111"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="111" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="450" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=BOTTOM WIDTH="111"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="111" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="450"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="450" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=BOTTOM WIDTH="111"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="111" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </td> </tr></table></body>