CORPORATE OVERVIEW

Meacham/Oppenheimer, Inc. the largest retail brokerage firm in Silicon Valley, holds a leadership position in the Northern California retail real estate brokerage business. The company prides itself in providing the highest level of service to all its clients.

Meacham/Oppenheimer believes that by specializing in one discipline of the real estate industry, they can maximize their knowledge and expertise and, thereby, better serve the needs of this real estate community. Their successes have been numerous as detailed in the attached "Resume of Completed Projects". Their teamwork is admirable. Their experience with national, regional, and local retailers ranges from the conception of site plan layouts to absolute tenant follow-up (post-leasing). The company's hallmark remains the same as its conception; complete 100% lease up of a project in the timeliest manner possible at the best market rents.

The Meacham/Oppenheimer team has 10 experienced agents in our Campbell and Pleasanton Offices, serving all thirteen counties in the Bay Area. All of the company's agents are affiliated with the International Council of Shopping Centers (ICSC) and have established a notable network of relationships with developers, landlords, and tenants of all sizes and requirements. Furthermore, Meacham/Oppenheimer agents have access to a wide array of general market and tenant specific information. Their association among various broker groups keeps them well-informed and current in developing trends and industry news.

The Company's computer-based tenant directory has over 3,000 files. This data is consistently updated and used for telephone call solicitations and direct mail campaigns. The latter are tracked by computer to assist agents in identifying potential opportunities and follow-up.

At Meacham/Oppenheimer, dedication to excellence and teamwork is the norm. These attributes have been key contributors to the Company's successful twenty plus-year history, established client base, outstanding performance record, and center representation surpassing 4 million square feet.

Company Philosophy

The Company remains committed to the work ethic established in 1978 when Meacham/ Oppenheimer was founded. Our philosophy is to provide the best retail leasing/sales brokerage service possible, while maintaining the highest possible ethical standards. At Meacham/ Oppenheimer, we are committed to our clients; the tenants and the landlords we service.

Type Of Clients Served

Meacham/Oppenheimer services a wide array of retail clients from neighborhood/regional tenants to national tenants, which include Safeway, Target, Longs Drugs, Food-4-Less, Mervyn's, Home Depot, Orchard Supply, Togo's, Taco Bell, Boston Chicken, and Blockbuster Video. Furthermore, landowners and developers also constitute part of the Meacham/ Oppenheimer client base. Some of these include: Shapell Industries, RREEF Funds, Hunter Properties, Pacific Development Group, Pacific Union, Sutter Hill Development Company, Byer Properties, and Prometheus.

The Meacham/Oppenheimer Advantage

• A solid, twenty plus year history in the retail specialty brokerage business.

• The largest Santa Clara County retail brokerage firm with 10 agents.

• A second office in Pleasanton to serve the growing Tri-Valley and the entire East Bay Area.

• The highest caliber of agents with a combined experience of over 90 years.

• Network and contacts with all types of tenants and landowners throughout the retail industry.

Scope Of Services

• Successful leasing of commercial centers from the small strip center to regional/shopping centers.

• The acquisition or disposition of retail properties, and land for development.

• Tenant representation to secure the best location possible in a given area.

• Development coordination to assist owner/developers throughout the development process.

• Property management of retail centers throughout the Bay Area.

The Meacham/Oppenheimer History

The Company was established over two decades ago by founders Gil Meacham and John Oettinger and was then called Meacham/Oettinger, Inc. In the early 1980's, Jim Oppenheimer acquired the company stock from John Oettinger and shortly thereafter the company changed its name to Meacham/Oppenheimer, Inc. This new team recruited additional outstanding agents with exceptional skills, and further developed their reputation for being knowledgeable, dedicated, and thorough. Today, the company president is Michael Messinger who believes in the same conviction as his predecessors; teamwork and the value of unparalleled client service.

SAMPLE OF EXCLUSIVELY REPRESENTED RETAIL PROJECTS
COMPLETED BY MEACHAM/OPPENHEIMER, INC.