Investment Overview

Site Access & Parking

The Property can be accessed via two entrance/exits, both via Celebration Blvd. Adjacent parcels or public roadways allow for pedestrian access. The building has a total of 469 striped parking spaces constructed of asphalt pavement, provided at the north, east and south perimeters of the building. The parking ratio of 4.65 spaces per 1,000 square feet of office space is well above Country requirements. There are 11 handicap parking spaces. Outdoor parking areas are illuminated by pole-mounted, high-intensity lighting.

Landscaping, Signage, & Lighting

Landscaping at the site is abundant with many small and mature trees, bushes, planters and grassed areas. Irrigation is done via an automated system that uses reclaimed water supplied by the municipality. The main entrance displays the site address. Additional building-mounted signage is located on the façade of the building, outlining the tenant name and site address.

Exterior Finishes, Windows, & Doors

Exterior walls are concrete cast-in-place tilt-walls generally provided with a spray-applied, painted, textured coating with areas of exterior insulation and finishing (EIFS) system accents and brands. Wall panels are sealed with flexible sealant at construction joints. The windows are all dual pane units that are set into aluminum framing. Entrance/exit doors onsite are aluminum-framed glass systems, while service doors are hollow core metal units set into metal framing. Interior doors are generally hollow core wooden units set into metal framing.

Roofing System

The roof of the building consists of a low-sloped, white, single-ply membrane, totaling approximately 38,000 square feet. A metal roof deck supported by steel beams and joists, which bear on the main building structural components, support the roof system. The roof is part of the original construction of the building, which was built in 2009. Access to the roof is via a hatch through the mechanical room on the third floor. Primary interal drains on the roof are connected to the site storm water drainage system, while secondary internal drains flow through wall fixtures attached to the exterior elevations of the building.

Area Overview

Orlando MSA Area

The Greater Orlando area is in the heart of Central Florida, 50 miles west of the Atlantic Coast. The region benefits from a robust economy driven by a broad range of industries including leisure, defense, aerospace, R&D and technology. The major cities that make up the metro area are Orlando, Kissimmee and Sanford, with Disney being the region's largest employer, counting 74,000 employees. The region also benefits from a young and educated population, as it is home to the University of Central Florida, the second-largest university in the United States with a student body of 67,000.

The 2nd Fastest Growing MSA In The Nation

The region has continued to produce and attract talent, showcased by its 26% population increase between 2010 and 2020, bringing current 2022 metro population estimates close to 2.8 million inhabitants. The Orlando area is growing by more than 1,000 residents per week, with over 69% of new residents having some college education. The MSA has experienced significant economic momentum since 2012 (the year the effects of the 2008 financial crisis began to disappear), with leisure initially driving Orlando's growth and recovery. Disney announced its largest expansion of Disney World in 2012, adding multiple resorts and attractions to the world-famous park. Increases in tourism and positive migration naturally led to significant wealth creation, as evidenced by a 39% increase in household income since 2012 compared to 32% nationally during the same period.

Job Growth and Opportunities in Key Sectors
• Notable recent relocations and expansions include KPMG (local expansion of 350 employees), Innova Care Health (new to market expansion of 60 employees), Checkr (new to market headquarters move of 630 employees) and Lockheed Martin (local expansion of 1,300 employees).
• 2nd fastest growing salaries for tech workers across major U.S. markets in 2020
• #2 Most Startup Activity based on Average Startup Formation Rate across major U.S. markets in 2021
• Expansive talent pool with over 500,000 college students within 100 miles of downtown Orlando

Quality of Life
• Limited COVID restrictions
• Tax-friendly State: No State Property and Income Taxes
• Low cost of living: 5.1% below national average
• Warm climate and ample leisure options
• Rail line connecting Orlando to Miami, Fort Lauderdale and West Palm Beach set to open in late 2022

Major Demand Drivers

#1 Leisure Destination in The United States

The driving force behind the area's economy is tourism. Prior to the pandemic, the Orlando MSA welcomed over 75 million unique travelers in 2019, helping fuel the $100 billion local tourism industry. Home to 7 of the 10 most visited theme parks in the United States, including the world-renowned Disney World, Universal Orlando and SeaWorld Orlando, the Orlando MSA counted 89 million theme park visitors in 2019, the highest of any region in the world.

The metro area is the largest hotel market in the United States with over 136,000 hotel rooms, and is an extremely popular leisure and business travel destination, with both domestic and international travelers. Orlando's recovery is well on track, with the region posting the highest hotel group business occupancy in the country in February and March 2022. As travel picks back up, occupancy levels are expected to return to pre-pandemic levels that are amongst the best in the country.

Unrivaled Transportation Network

The Orlando International Airport (MCO), the region's primary airport, is the largest and most traveled in the state of Florida and the seventh-busiest airport in the United States. It serves as a regional hub to Southwest Airlines and JetBlue Airways, and is a major gateway for many international travelers. A $4.27 billion capital improvement project is underway at MCO, with plans to transform and expand multiple terminals as travel begins to return to pre-pandemic levels.

Interstate 4 (I-4) is the only interstate that serves Orlando, making it a crucial highway that connects it to Tampa to the West and Daytona Beach to the East. The highway is also heavily relied upon by the industrial sector to transport goods across Florida and the Southeast. To keep up with the region's rapid growth, the state has passed major infrastructure plans such as the I-4 Ultimate Improvement Project, a $2.3 billion project underway to expand and improve the highway.

Demographics

Tenant Summary

Since the Property was built in 2009, Disney has used the space at Disney @ Celebration as its divisional headquarters for Disney Vacation Club, which manages their global vacation and time-share platform. Disney recently relocated the Disney Vacation’s offices and made the Property the divisional headquarters for its global real estate management division. The site is located only six miles away from the world-renowned Disney World theme park and resorts, which has attracted an average of 18 million annual visitors since 2009.

Revenue Generation

The Walt Disney Company, commonly known as Disney, is the largest media and entertainment company in the world by market capitalization. Headquartered in Burbank, California, the company operates two primary businesses: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED division owns, operates and distributes all media related content the company produces. Notable content groups and platforms include Walt Disney Studios, ESPN, 21st Century Fox, ABC, Marvel and Hulu. DPEP is responsible for Disney’s world famous theme parks such as Disneyland and Disneyworld, as well as their cruise lines, and other consumer product lines.

Security of The Company and Its Operations

The company was originally founded in 1923 as a cartoon studio by brothers Walt and Roy O. Disney. As the company experienced extreme success and rapid growth, it became the most dominant media conglomerate and one of the most recognizable brands in history. Disney’s impressive trajectory, fueled by organic growth and aggressive corporate acquisitions, has led them to be global market share leaders in the following business segments: Parks, Experiences and Products (52%), Studio Entertainment (38%) and Media Networks (28%).

Meet the Sponsor

Jeffrey Weiss is a sophisticated real estate developer and investor having had properties in Florida, Georgia, Colorado, North Carolina and Tennessee. He has in the past sold an office building that he developed (Advanced Tower) in South Miami, Florida for $40,000,000. As a native Floridian, he has been a part of the commercial real estate industry for over 50 years and would be considered a veteran in every sense of the word.

For more information, please contact:

Solomon Nwokedi

Email: solomon@redswan.io

Phone: +1(713)-360-7928