| FEDERAL GOVT-ANCHOR, DIVERSE RENT ROLL with 1.2% MARKET VACANCY- 93% occupied, 20,669 square foot building anchored by the U.S. Federal Government |
| NEW 15-YEAR LEASE for U.S. SOCIAL SECURITY- First-generation lease commenced in 2021 for a new 15-year lease term for occupancy by SSA |
| HIGH-UTILIZATION, PUBLIC-FACING SSA OFFICE- Public-facing SSA Branch Office with high utilization, housing 33 Social Security employees |
| 2021 REDEVELOPMENT- Comprehensive redevelopment for SSA, designed and constructed to meet the specific needs of the tenant |
| DOWNTOWN MERCED LOCATION- Located in downtown Merced, within the Central Valley of California, with a current office vacancy rate of only 1.2% |
