Newmark, as exclusive advisor, is pleased to present the opportunity to acquire a ±249,012 SF

condominium interest in 333 North Central Avenue, Phoenix, Arizona (the “Property”), a Class AA

mixed-use trophy high rise tower in the heart of Downtown Phoenix, AZ. This mixed-use 26-story

tower totals ±520,000 SF, of which the offering includes ±249,012 SF across 8-levels of premier office, a ±2,522 SF ground floor retail space, and rights to 514 parking spaces in a secured, 9-level parking structure. The condo interest being offered in this tower is shared with the Westin Phoenix Downtown, a 242-room luxury hotel with fitness center, conference facilities and Jacy & Dakota’s restaurant. Constructed in 2010, 333 N Central is one of Downtown Phoenix’s newest high-rise properties offering institutional-quality construction and finishes, world-class architecture and magnificent views of all of Metro Phoenix. This is the first time since inception that this one-of-a-kind office tower has been made available for new occupancy and is being offered at a fraction of replacement cost, estimated to be in excess of $600 PSF!

Designed by Smith Group and developed by Mesirow Financial, this premier offering includes ±1.7

years remaining of investment grade income from the building’s only office tenant, Freeport McMoRan, who is no longer in physical occupancy. Additionally, the Property is afforded “better than fee simple” property tax treatment via a long term GPLET (Government Property Lease Excise Tax) providing abated/significantly reduced property taxation through 2060. 333 North Central Avenue provides the rare opportunity to acquire a highly walkable, trophy office property, at a fraction of replacement costs, with exceedingly favorable property tax treatment, all the while reducing basis and/or utilizing the remaining income stream for future reposition/tenant improvements!