the global sky real estate fund overview & summay of terms

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Navigating real estate, building value. INTRODUCING THE GLOBAL SKY REAL ESTATE FUND

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Page 1: The Global Sky Real Estate Fund Overview & Summay of Terms

Navigating real estate,building value. INTRODUCING THE

G L O B A L S K YR E A L E S T A T E F U N D

Page 2: The Global Sky Real Estate Fund Overview & Summay of Terms

This presentation (and the documents made available to potential Investors) contains forward-looking statements involving risks and uncertainties. These statements relate to future events or Global Building, LLC’s (the “Company's”) future financial performance. Any statement that is not a reference to historical fact is a forward-looking statement. For example, in some cases, you can identify forward-looking statements by terminology such as "could," "may," "will," "should," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms, or other comparable terminology. These statements are only hypotheses and predictions. Actual events or results may, and often do, differ materially. In evaluating these statements, you should specifically consider various important factors including the risks described in the confidential private placement memorandum under "Risk Factors" and in other parts of the Memorandum. These factors may cause actual results to differ materially from any forward-looking statement. Although the expectations reflected in all forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any forward-looking statements. The Company is under no duty to update any of the forward-looking statements after the date of this presentation to conform them to actual results or to changes in the Company's expectations.

The information contained in this presentation is not an offer to purchase or sell securities. The information, documents, and slides viewable during this presentation are for informational purposes and are not an offer to sell or a solicitation of an offer to buy any securities in any company, and may not be relied upon in connection with the purchase or sale of any security. Interest in an issuer company, if offered, will only be available to parties who are “accredited investors” (as defined in Rule 506 promulgated pursuant to the Securities Act of 1933, as amended) and who are interested in investing in the specific fund on their own behalf. Any offering or solicitation will be made by the company only to qualified prospective investors pursuant to a confidential private placement memorandum, and the subscription documents, all of which should be read in their entirety by the proposed investor.

The securities offered by the Company pursuant to the confidential private placement memorandum, are only being sold to accredited investors, which, for natural persons, are investors who meet certain minimum annual income or net worth thresholds. Such securities are being offered in reliance on an exemption from the registration requirements of the Securities Act and are not required to comply with specific disclosure requirements that apply to registration under the Securities Act. The Commission has not passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials. The securities are subject to legal restrictions on transfer and resale and investors should not assume that they will be able to resell their securities. Investing in securities involves risk, and investors should be able to bear the loss of their investment.

DISCLOSURE STATEMENT

Page 3: The Global Sky Real Estate Fund Overview & Summay of Terms

F O R M O R E I N F O R M A T I O N , P L E A S E C O N T A C T :

C. W. Tucker LewisGBFM, LLC

2 8 8 8 Lo ke r Ave n u e , S u i t e 2 1 2 , C a r l s b a d , C a l i f o r n i a 9 2 0 1 0

M a i n P h o n e : ( 7 6 0 ) 6 3 4 - 1 9 1 9 F a x : ( 7 6 0 ) 6 3 4 - 2 9 1 4 D i r e c t L i n e : ( 7 6 0 ) 3 3 0 - 2 9 9 0t l e w i s @ g l o b a l - b u i l d i n g . c o m

w w w. g l o b a l - b u i l d i n g . c o m

This presentation, including any slides, exhibits, handouts, or documents referenced in or during this presentation, includes forecasted, projected or other types of forward-looking information, including information relating to Global Building, LLC’s (the “Company’s”) future business prospects, sales, number and timing of building acquisitions, rentals, financial performance, pro forma financial data, liquidity, capital expenditures, capital needs, costs, income and EBITDA (the “Projections”). You should not regard the Projections as an indication that the Company, its managers, officers and members, their financial or legal advisors, or any other person considered, or now considers, the Projections to be material or necessarily predic-tive of actual future results. The Projections are subjective in many respects and are thus subject to interpretation. While presented with numerical specificity, the Projections reflect numerous estimates and assumptions made by management with respect to industry performance and competi-tion, general business, economic, market and financial conditions and matters specific to the Company’s business, all of which are difficult to predict and many of which are beyond the Company’s control. We cannot assure you that the Projections will be realized or that actual results will not be sig-nificantly higher or lower than projected. As a result, you should not rely on the Projections as necessarily predictive of actual future events. No one has made or makes any representation regarding the information included in the Projections. The Company does not intend to update or otherwise revise the Projections to reflect circumstances existing after the date when made or to reflect the occurrence of future events, even if any or all of the assumptions on which the Projections were based are shown to be in error.

DI SCLOSURE REGARDING PROJECTIONS

Page 4: The Global Sky Real Estate Fund Overview & Summay of Terms

The dynamism embedded in our market economy will

continue to work its magic. Gains won’t come in a smooth or

interrupted manner, they never have. And we will regularly

grumble about our government. But, most assuredly, A M E R I C A ’ S B E S T D A Y S L I E A H E A D .

W A R R E N B U F F E T T

Be r k shi r e Hathaw ay Shar ehol de r s Re p or tFebr uary 27, 2 015

Page 5: The Global Sky Real Estate Fund Overview & Summay of Terms

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

T A B L E O F C O N T E N T S

I. Opportunity Overview 6

II. Global Building LLC 8

III. OffiCentric Strategy 12

IV. Navigating Real Estate 16

V. Global Sky Real Estate Fund 23

VI. Investment Environment 28

Page 6: The Global Sky Real Estate Fund Overview & Summay of Terms

O P P O RT U N I T Y OV E R V I E W

Page 7: The Global Sky Real Estate Fund Overview & Summay of Terms

Creating v al ue by anticipating trends

O P P O R T U N I T Y O V E R V I E W

Global Building, LLC (“Global”) is launching our second pooled real estate investment platform, the Global Sky Real Estate Fund (the “Fund”). The Fund is being formed to acquire a geographically diverse portfolio of well-located, multi-tenant office buildings that cater to tenants seeking a “lifestyle” office environment. The Fund will further Global’s strategy of facilitating growth in American business while capitalizing on the rapidly emerging trends in office building utilization.

T H E G LO B A L S K YR E A L E S TAT E F U N D

We are a vertically integrated commercial real estate investment and management company. Global sources and manages favorable investment opportunities that create value for our partners through each phase of the investment lifecycle. Now in our 9th year of business, we have a seasoned team of veteran real estate professionals who have the experience to implement our investment strategies. Our current roster of capital partners include both institutional investors and high net worth individuals. Experience the Global advantage with our proven property acquisition, management, and exit solutions.

G LO B A LB U I L D I N G L LC

T H E F U N D “ A T - A - G L A N C E ”

- Anticipated term of five to seven years

- Projected IRR of 14-17%

- After the first year, anticipated quarterly distributions with annual growth

- Target equity size of $25 million (with the ability to increase the offering size to $50 million)

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

7

Page 8: The Global Sky Real Estate Fund Overview & Summay of Terms

G LO B A L B U I L D I N G L LC

Page 9: The Global Sky Real Estate Fund Overview & Summay of Terms

A c ulture o f se rvic e based on the tripl e bottom l ine: Peopl e, Planet, Profit

O U R M I S S I O N

W H AT W E B E L I E V E I N

G L O B A L B U I L D I N G I S C O M M I T T E D T O :

- our investors’ financial success. Responsible, ethical and sustainable real estate investment, operations and management provide increasing opportunities for profit and growth for our investors.

- our tenants’ growth and success. Providing flexible, stylish, affordable office space and unparalleled business support services to established and emerging companies.

- our employees’ success. Creating a work environment that recognizes and rewards respect, hard work, excellence, open communication, service, commitment, professional development and fun.

- our external environment. Exploring and implementing green processes, building, and energy solutions whenever feasible.

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

$$

9

Page 10: The Global Sky Real Estate Fund Overview & Summay of Terms

10

A sol id foundation, an experienced team

We are now in our 9th year of business and we have spent considerable energy creating a solid foundation upon which to build our company. Bringing the right culture, systems and team together is integral to the success of the Global Sky Real Estate Fund. We have extensive experience in acquiring and

managing multi-tenant office buildings and are leading the way in adapting properties to the needs of tomorrow’s dynamic office users.

O U R T E A M

T U C K E R L E W I S , C E O

30 years experience

- Strategic direction- Equity and capital- Acquisitions oversight

RO G E R S I M S I M A N , C O O

23 years experience

- Corporate infrastructure & policies- Asset management- Acquisitions

TA D L E W I SB OA R D M E M B E R

26 years experience

- Corporate governance- Legal compliance- Risk mitigation

C L AU D E T U RO N B A R R E R E ,A R E A V P

17 years experience

- Property management- Leasing - Acquisitions

T H O M A S R YA N , C F O

19 years experience

- Finance and accounting- Investor relations- Lender Relations

J O S E P H Z U M M O,AC Q U I S I T I O N S S V P

27 years experience

- Acquisitions- Underwriting- Dispositions

C H R I S TO P H E R S WA N S O N , A R E A V P

28 years experience

- Property management- Leasing - Acquisitions

OV E R 1 7 5Y E A R S O FC O M B I N E DE X P E R I E N C E

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

B E R N A R D O S I M Õ E S ,C A P I TA L M A R K E T S V P

9 years experience

- Capital Markets- Market Research - Acquisitions

Page 11: The Global Sky Real Estate Fund Overview & Summay of Terms

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

Global Building

Office Returns

S&P 500

NAREIT All

REIT Index

NAREIT

Office Index

NCREIF Property

Index Returns

NCREIF Office

Index Returns

Barclays CA

Bond Index

G lobal has an o utstanding recent track record in real ized and unrealizedoffice b uildin g inve stme n ts that has outperform ed m any m ajor US investment indexes

A S O L I D T R A C K R E C O R D

Total Annual Return Index Comparison (2011-2014)

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

Source: NCREIF, State StreetGlobal Advisors, Morningstar

11

The information

contained on this page

reflects certain

estimates and

assumptions made by

management with

respect to appraised

asset values. Future

results may differ

materially from past

performance

estimates. As a result,

you should not rely on

the past performance

as necessarily

predictive of actual

future events.

Page 12: The Global Sky Real Estate Fund Overview & Summay of Terms

T H E O F F I C E N T R I C S T R AT E G Y

Page 13: The Global Sky Real Estate Fund Overview & Summay of Terms

Say goodbye to the cubicl e farm

W E LC O M E TO T H E N E W W O R L D O F O F F I C E U S E

13

- The advent of mobile technology is freeing workers from the central corporate office

- Telecommuting is increasing the demand for remote and satellite employee workspace solutions

- Rapid growth in the number of independent contractors is increasing the need for flexible officing options

- Office users are demanding more building amenities including creative, community gathering space

- Building tenants are increasingly aware of the environmental impact of buildings and are actively choosing buildings that promote sustainability

O F F I C E N T R I C : E M B R AC I N G T H E E VO L U T I O N O FW O R K P L AC E & W O R K F O RC E C H A N G E

17.9million

12.1million

40 millionby 2019

30 million

SolopreneurIndependents

Side-giggerIndependents

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

Source: MBO Partners: 2014 State of Independence in America Report

Page 14: The Global Sky Real Estate Fund Overview & Summay of Terms

A un ique strate gy that prov ides flexibl e office space sol utions forte n an ts an d better operating m argins for buil ding owners

T H E S O L U T I O N

- Provides attractive, flexible office space solutions and terms

- Creates enhanced common area amenities and business support services available to all the tenants in each building

- Embraces a dynamic “business social” environment where tenants can interact and network

- Allows tenants to utilize the growing community of “OffiCentric” locations

- Creates value through higher lease rates and lower re-tenanting costs

- Provides a diverse tenant base and income stream

- Supports on-site management to improve building operations and care

- Reduces vacancy thereby creating “opportunity income”

I T ’ S A S I M P L E I D E A .Buy office buildings, renovate them with “lifestyle” amenities, and introduce conscientious

on-site community managers who actually care about their tenants.

T H E B E N E F I T S F O R B U I L D I N G O W N E R S T H E B E N E F I T S F O R B U I L D I N G T E N A N T S

14

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

Page 15: The Global Sky Real Estate Fund Overview & Summay of Terms

Re -p o sitio n in g o ffic e buil dings for the com panies and workers of the future

The majority of the space in each building (70%-90%) is converted over time to small standardized office suites and with average lease terms of two to five years

Community SeatingAdministrative SupportPrinting & Doc CenterTenant Lounge & KitchenConference Rooms

Semi-privateShort- and Medium-term Tenants

PrivateShort-, Medium and Long-term Tenants

COMMON-USE AREAS

PRIVATE DESKS

PRIVATE OFFICES

MAIN ENTRANCE

PRIVATECONFERENCE ROOM

PRIVATECONFERENCE ROOM

A portion of each building (10%-30%) is converted to a combination of 1) attractive co-working/community space available to all the building tenants, 2) private desks available for daily or monthly rates, 3) private offices available for daily, monthly or annual rates

I.OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

T H E S O L U T I O N

15

Page 16: The Global Sky Real Estate Fund Overview & Summay of Terms

N AV I G AT I N G R E A L E S TAT E

Page 17: The Global Sky Real Estate Fund Overview & Summay of Terms

17

Re duc in g risk thro ug h our integrated inv estm ent and m anagement process

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

N A V I G A T I N G R E A L E S T A T E

At Global we believe that a healthy culture is the starting point for successfully investing in real estate. Our culture of service permeates through the acquisition, operational, and disposition stages of each property lifecycle. We effectively manage our resources to reposition assets and maximize building revenue in new and innovative ways.

CULTURE

RESEARCH

SOURCING

UNDERWRITING

OPERATIONS

HARVESTINGPROFITS

Page 18: The Global Sky Real Estate Fund Overview & Summay of Terms

Kn ow in g whe re y o u are going is the first step to successful l y getting there

R E S E A R C H

Real estate is subject to the laws of supply and demand. We maintain a robust, ongoing research strategy to stay abreast of key components and search for selective areas in which to invest.

- We target cities and communities that are projected to maintain high employment and population growth, with a focus on areas with many startups and small business

- We pay special attention to cities that are innovation centers

- We identify imbalances in markets between current property prices and their replacement cost

- We look for properties that are in areas with high barriers to entry, such as a tight land supply, high market rents and growth sensitive local Governments

- We leverage market inefficiencies to create meaningful value

SAN DIEGO

INLANDEMPIRE

LOS ANGELES

LAS VEGAS

SALT LAKE CITY

ORLANDO

SEATTLE

MIAMI

ATLANTA

PORTLAND

DENVER

DALLAS

AUSTIN

SAN ANTONIO

HOUSTON

PHOENIX

SAN FRANCISCO

CHARLOTTE

RALEIGH

= PRIMARY MARKETS

CA

NV

UTCO

AZ

TX

OR

GA

NC

FL

WA

= SECONDARY MARKETS

= TERTIARY MARKETS

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

18

Page 19: The Global Sky Real Estate Fund Overview & Summay of Terms

19

Global has extensive relationships in the real estate industry and we source new investment opportunities with brokers, principal sellers and lenders. We know the type of buildings that work best for us and we proactively seek out these properties in our target markets.

Y o u c an’t find treasure i f you don’ t start digging

S O U R C I N G

Under valued propertiesWe like to buy properties below their intrinsic value wherever possible

Cash flowing propertiesWe look for properties that will produce a cash flow stream upon acquisition

Stabilized properties with a value added componentWe seek out properties with cash flow that can be enhanced by increasing below market rents and/or adding our unique OffiCentric platform

Opportunistic situations where we can add valueWe enhance the overall Fund returns by investing 30% of the capital into value added situations, for instance, properties with low occupancy or in need of renovations

We look for one or more of these aspects in theproperties we target for the Fund

Buildings that are below the minimum investment threshold for most institutional investorsGenerally, buildings that can be acquired for between $3 million and$25 million

Buildings that are not too big, or too small, but just rightWe prefer buildings that are between 25,000 and 125,000 square feet, although we will be flexible for the right situation

Buildings that are well locatedThere is truth to the saying “location, location, location”, we look for buildings with good visibility, ingress/egress and/or close proximity to public transportation

Buildings with natural lightWe generally like smaller floor plates that accommodate maximum exposure to natural light

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

We look for these characteristics in the buildings we acquire

Page 20: The Global Sky Real Estate Fund Overview & Summay of Terms

U N D E R W R I T I N GYou have to kiss a lo t o f frogs to find a prince (or princess, as the case may be)

We underwrite conservatively from an operators perspective because we actually operate the properties we acquire and deliver results. Our in-house team of experienced real estate professionals critically analyze each acquisition opportunity utilizing an internally developed underwriting process. We assess far more properties than we pursue, we pursue far more properties than we underwrite, and we underwrite more properties than we close. It is a numbers game that we must play to find the best investment opportunities.

Property is sourced and an initial assessment is performed

P U R S U I N G

After initial assessments are performed to determine investment suitability, we conduct sub-market analysis and basic financial modeling

U N D E R W R I T I N G

Each property is subject to multi-level assessments to ensure our assumptions are substantially confirmed. After underwriting and before closing, we conduct a thorough due diligence process

We utilize a comprehensive process of checks and balances to ensure all necessary property and related documents are executed

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

S O U R C I N G

C L O S I N G

20

Page 21: The Global Sky Real Estate Fund Overview & Summay of Terms

21

Global Office Building Occupancy Track Record

Our Leasing Teams Deliver

Where the rubber m eets the road

O P E R A T I O N S

- The Global team has deep roots in Property Management, we know how to take care of our buildings and tenants

- We have a seasoned Accounting and Administrative support team that provides the backbone for our operations

- We have solid relationships with strategic lenders that allow us to optimize the Financing and Refinancing of our properties

- Our team is adept at Marketing and Leasing as is evidenced by our leasing track record

- We control the Construction Management of any capital or tenant improvements to keep the costs low and quality of the work high

- Our Investor Reporting meets the highest standards required by our institutional partner

(Please note the merits or sufficiency of our institutional partner’s standards have not been passed upon or approved by any government or other regulatory agency.)

Creating a great strategy for an investment is one thing, successfully executing the plan is another. Global has a proven track record of building value in our assets through effective management and leasing. We have implemented a vertically integrated “Culture of Service” that allows for top notch operational execution and efficiency.

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

Q32011

Q42011

Q12012

Q22012

Q32012

Q42012

Q12013

Q22013

Q32013

Q42013

Q12014

Q22014

Q32014

Q42014

30%

40%

50%

60%

70%

80%

90%

100%

Chandler Carlsbad Temecula Houston

Results vary from location to location, and performance at one location is not predicative of performance at a

different location. Additionally, future results may differ materially from past performance. As a result, you

should not rely on the past performance as necessarily predictive of actual future events.

Page 22: The Global Sky Real Estate Fund Overview & Summay of Terms

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

2

1

5

S E A S O N I N G

0% 31% 84% 59% 170%

2 0 . 5 3 %

GlobalDeer Valley

0 . 0 0 %

GlobalCommerce

Park

3 5 . 4 9 %

R E A L I Z E DS U B S T A N T I A L LY R E A L I Z E D

GlobalCarlsbad

2 2 . 6 4 %

3

GlobalChandler

3 1 . 5 1 %

4

Re alizing returns & the ul t im ate disposition

H A R V E S T I N G P R O F I T S

We seek to maximize the returns and cash flow to our Fund partners from a combination of operating cash flow, strategic re-financings, and the ultimate disposition of each property. We are able to implement a full range of exit strategies such as private market sales, sales through a full broker offering, and recapitalizations. We may also look at creative exits including a portfolio sale of all or a select number of Fund properties or a recapitalization of the Fund through the public markets.

1 – Acquired in December 2014 2 – The IRR is an estimate based on an assumed sale on December 31, 2014 using a sales price based on the average of the lowest estimated value in a range of values obtained from two real estate brokerage firms (Avison Young: April 2015 and DTZ Cassidy Turley: September 2014)

3 – The IRR is an estimate based on an assumed sale on December 31, 2014 using an exit price based on a lender initiated appraisal by Vanguard Realty Advisors appraisal (date of appraisal: June 2013)

4 – The IRR is an estimate based on an assumed sale on December 31, 2014 using an exit price based on a lender initiated appraisal by Butler Burgher Group (date of report: October 2013)

5- Total cash distributions as a % of invested capital as of December 31, 2014.

5 0% 31% 84% 59% 170%

Global Office Buildings Investor Level IRR

GlobalTemecula

22

DISCLOSURE

The information contained on this page reflects certain estimates and assumptions made by management with respect to appraised asset values. Results vary from location to location, and performance at one location is not predicative of performance at a different location. Additionally, future results may differ materially from past performance. As a result, you should not rely on the past performance as necessarily predictive of actual future events.

TOTA L

D I S T R I B U T I O N S

Page 23: The Global Sky Real Estate Fund Overview & Summay of Terms

T H E G LO B A L S K Y R E A L E S TAT E F U N D

Page 24: The Global Sky Real Estate Fund Overview & Summay of Terms

24

We targ e t hig h re turns and a constant div idend stream for our investors

G LO B A L S K Y R E A L E S TAT E F U N D OV E R V I E W

- Global Building is seeking to raise $25 million for the Fund with the ability to oversubscribe to $50 million.

- The goal of the Fund is to acquire 1) non-core stabilized or semi-stabilized office properties where value can be added by implementing the OffiCentric strategy (approximately 70% of the portfolio) and 2) value-add and distressed office properties where additional value can be added through renovation, repositioning, lease-up or other active management strategies (approximately 30% of the portfolio).

- Building sizes will range from 25,000 to 125,000 square feet. The Fund will target properties with acquisition values between $3 million to $25 million and leased to a diversified tenant base.

- When fully subscribed, the Fund plans to maintain diversification by limiting the investment exposure in any single asset to no more than 15% of the total Fund committed capital.

- The Fund will have a maturity of 5 years with the ability to extend for another 24 months, depending on the market conditions.

- The Fund will utilize leverage that will be limited to 70% of the aggregate value of the properties in the Fund based upon the acquisition cost or current appraisal of each property (whichever is higher) after the fund is fully subscribed.

- Our financial goal with the Fund is to achieve a gross IRR of 14% to 17%.

- After the first year of Fund operations, we anticipate quarterly distributions with annual growth in the quarterly distribution amount.

- After the investors have received the preferred return (9% for Early Investors, 8% for Investors after the First Closing) and their investment capital, the Manager will receive a “catch-up” return until the amounts paid to the investors and Manager reflect a 75%/25% ratio of total profits paid (80% to the investors and 20% to the Manager with catch-up for Early Investors and Jumbo Investors).

- The profit split after the payment of the investor preferred return, the investment capital and the Manager catch-up shall be split 75% to the investors and 25% to the Manager (80% to the investors and 20% to the Manager with catch-up for Early Investors and Jumbo Investors).

- The Fund Manager will be paid an annual management fee (paid quarterly in advance) of 1.9% for capital under management. To the extent the capital under management allocable to an investor is over $1 million, such investor may be charged a management fee less than 1.9%.

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

Page 25: The Global Sky Real Estate Fund Overview & Summay of Terms

- Investing in all of the funds we create

- Paying a competitive preferred return to our investment partners that must be surpassed before any promoted profits are paid to the Manager

- Providing any mandatory loan guarantees together with the Fund that are needed to finance or refinance properties

- Providing services to the Fund under compensation arrangements that are weighted more heavily on successfully achieving the Fund’s objectives versus the payment of high upfront and ongoing fees to the Manager

- Providing timely standardized quarterly reporting

- Performing an independent audit of the Fund and the underlying assets on an annual basis

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

G LO B A L S K Y R E A L E S TAT E F U N D OV E R V I E WWe alig n o u r interests with those of our inv estors by:

25

Page 26: The Global Sky Real Estate Fund Overview & Summay of Terms

- Historically, real estate funds have shown lower volatility than stocks and bonds*

- Real estate has a low cyclical correlation with stocks and bonds*

- The Fund offers a favorable preferred return to the investors with potential returns in the mid-teens

- After the first year the investment plan anticipates quarterly distributions to the investors with anticipated annual growth in the distribution amount

- The Fund plans to mitigate risk by diversifying the portfolio geographically

THE GLOBAL SKY REAL ESTATE FUND MAKES SENSEThe G lobal S ky fun d al l ows inv estors to capital ize on em pl oyment growth

an d current trends in office space usage

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

26

Although management believes the projection returns are reasonable, actual returns may vary substantially and the projected returns may not be achieved.

*Source: Russell Investments – Structuring a Private Real Estate Portfolio

Page 27: The Global Sky Real Estate Fund Overview & Summay of Terms

S U M M A R Y T E R M S H E E T

T E R M S D E S C R I P T I O N

Fund Manager

Fund Name

Product Type

Typical Assets

Fund Term

Target Fund Size

Minimum Commitment

GP Capital Commitment

Fund Management Fee

Leverage

Preferred Return

Profit Split

Target IRR

Global Building, LLC

Global Sky Real Estate Fund, LLC

Multi-Tenant Office Buildings

Stabilized or near stabilized (70%), Value Added and Opportunistic (30%)

5 years (extended for up to 2, 1 year periods)

$25 million with the ability to increase to up to $50 million

$50,000

Up to $500,000 (2.00% of committed capital)

The Fund Manager will be paid an annual management fee (paid quarterly in advance) of 1.9% for capital under management. To the extent the capital under management allocable to an investor is over $1 million, such investor may be charged a management fee less than 1.9%.

Up to 70%

9% for Early Investors, 8% for Investors after the First Closing

75% Investors/25% Manager with catch up (80% Investors/20% Manager with catch up for

Early Investors and Jumbo Investors)

14-17%

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundI. II. III. IV. V.

InvestmentEnvironmentVI.

27

Page 28: The Global Sky Real Estate Fund Overview & Summay of Terms

T H E I N V E S T M E N T E N V I RO N M E N T

Page 29: The Global Sky Real Estate Fund Overview & Summay of Terms

U .S . Ec o n o my has recov ered and the future l ooks bright

I N V E S T M E N T E N V I R O N M E N T

2004

95

100

105

110

115

120

125

130

135

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Macro Economic Indicator (2004 base year)

GDP Employment Population Inflation

Sources: IMF, U.S. Census, U.S. Bureau of Statistics

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundII. III. IV. V.

InvestmentEnvironmentVI.

29

Page 30: The Global Sky Real Estate Fund Overview & Summay of Terms

30

Re al e state fun ds an d properties outperform other asset cl asses (2005-2014)

I N V E S T M E N T E N V I R O N M E N T

NPI and ODCE vs. other Asset Classes: 10 Year ReturnsTotal Return Index Comparison as of December 31, 2014

NFI-ODCE

NPI

NPI-Leveraged

Barclays Capital

Gvt Bond Index

Barclays Capital U.S.

Gvt/Credit Index

Consumer

Price Index

NAREIT Equity

REIT Index

S&P 500

Index

T-Bills

(90 Day)

0%

2%

4%

6%

8%

10%

12%

14%

7.1%

8.4% 8.3%7.7%

11.6%

4.3% 4.6%

2.1%1.5%

Source: NCREIF

10 YEAR

NFI-ODCE - NCREIF Fund Index: Open End Diversified Core Equity

NPI: NCREIF Property Index

NPI-Leverage: NCREIF Leverage Property Index

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundII. III. IV. V.

InvestmentEnvironmentVI.

Page 31: The Global Sky Real Estate Fund Overview & Summay of Terms

The fun dame n tals : vacancy rates are anticipated to decrease, driven by netabso rp tio n that is expected to increase 25 % in the U.S. in 2015

I N V E S T M E N T E N V I R O N M E N T

Source: JLL Source: Costar

Nearly Half of all Companies Grew During the 4th Quarter of 2014

37%of Companies

Were Stable in Q4

11%of Companies

Contracted in Q4

48%of Companies

Grew in Q4

Technology17.8% of Companies

Banking, Finance, Insurance7.1% of Companies

Healthcare3.6% of Companies

Banking, Finance, Insurance7.0% of Companies

Technology3.4% of Companies

Healthcare3.3% of Companies

Law Firm3.8% of Companies

Banking, Finance, Insurance1.9% of Companies

Manufacturing & Distribution0.9% of Companies

Vacancy Rate

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

10%

11%

12%

13%

14%

15%

16%

Class A Class B Total Offices

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundII. III. IV. V.

InvestmentEnvironmentVI.

31

Page 32: The Global Sky Real Estate Fund Overview & Summay of Terms

Historical Rental Rates Commercial Property Price Indices

©2013 Real Capital Analytics. mrscppi=Moody’s/RCA CPPI

Class B Total OfficesClass A US CBD Office Buildings US Suburban BuildingsUS Office Buildings

The fun damental s : rents and sal e prices are fav orable. Offic e buildin g property v al ues are expected to grow in 2015

I N V E S T M E N T E N V I R O N M E N T

$18.00

$20.00

$22.00

$24.00

$26.00

$28.00

$30.00

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

OpportunityOverview

GlobalBuilding LLC

The OffiCentricStrategy

NavigatingReal Estate

Global SkyReal Estate FundII. III. IV. V.

InvestmentEnvironmentVI.

2003

50

100

150

200

2004 2006 2008 2010 2012 2014

Source: Costar

32

Page 33: The Global Sky Real Estate Fund Overview & Summay of Terms

F O R M O R E I N F O R M AT I O N A B O U TT H E G LO B A L S K Y R E A L E S TAT E F U N D

Call Tucker Lewis at (760) 330-299 0

[email protected]

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