ot, in line with recent lease negotiations. Base Rental Rate The estimate of base rental rotes is shown in the following chart. BASE RENTAL RATES Bldgs. A, B, C, D & Bldg. F & Marlin Category E Deck Subject's Quoted Terms $32.00 $21.00 Rent Comparable Data $21.00-$65.00 $21.00-$65.00 CBRE E

1.00-$65.00 CBRE Estimate $32.00 $21.00 Compiled by CBRE Concessions The estimate of concessions is shown in the following chart. CONCESSIONS Bldgs. A, B, C, Bldg. F & Marlin Category D & E Deck Subject's Quoted Terms None None Rent Comparable Data None None CBRE Estimate None None C

ue Assumptions Wet Slip Rates/Foot/Month (Year 1) Contract Retail/Office Rental Rates/SF/Year (Year 1) With Escalations Retail/Office Market Rent (Bldgs. A thru E) Retail/Office Market Rent (Bldg F) Occupancy Assumptions Average Year 1 Occupancy - Marina Stabilized Occupancy Average Year 1 Occupa