Real Estate Transaction: Wells Fargo Place

Property: Wells Fargo Place

Buyer: Unilev

Seller: Zeller-World Trade LLC

Source: Buyer Sale Date: August 14, 2006

Sale Price: $106,000,000

Unit Price: $161.81/sq. ft.

(NRA) Net Rentable Area: 655,095 square feet

Gross Building Area: 853,139 square feet

Zoning: B-4, Central Business District

Utilities: All available

Topography and Soil: Generally level; good

Visibility and Access: Good

Age: 1987

Land Size: 110,041 square feet

Remarks: The property was 85% leased at the time of sale. There were three potential tenants looking to lease approximately 50,000 square feet. If these and several other contract proposals were executed, occupancy would be close to 98%.

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