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<br />Attachment A <br /> <br />㼛㼸㼫㼮㼻㼽㼼㻩㼖㼪㼷㼪㼰㼮㼶㼮㼷㼽㻩㼐㼻㼸㼾㼹㻵㻩㼕㼕㼌㻩 <br />㻺㼁㻾㻺㼋㼾㼮㼻㼴㼵㼮㻩㼛㼸㼪㼭㻩㽅㻩㼠㼱㼲㼽㼮㻩㼋㼮㼪㼻㻩㼕㼪㼴㼮㻵㻩㼖㼗㻩㻾㻾㻺㻺㻹 <br />㻩 <br />㻱㻿㻾㻺㻲㻩㼀㼀㻼㻶㻼㻽㼁㻾㻩㽅㻩㼏㼊㼡㼃㻩㻱㻿㻾㻺㻲㻩㼀㼀㻼㻶㻼㻽㼂㻹 <br />July 2, 2014 <br /> <br />Mr. Ryan Streff <br />Dear Mr. Streff <br />As we finish Phase I of the Lexington Station re-development project and look to begin Phase II of the re- <br />development I am considering ways to relocate the tenants that will be displaced as we begin Phase II of <br />our project. It I our goal to try and retain the tenants in our portfolio as well as keep the jobs those <br />businesses provide in the community. <br /> <br />I have recently entered into purchase agreements on what was formerly known as the Travers Business <br />Center. Which is an approx. 29 acre site at 4200 Round Lake Road. You will also find enclosed a <br />potential site plan depicting 2 industrial buildings totaling 225,740 sq. ft. Both would be high quality <br />industrial buildings capable of housing a wide variety of businesses. <br /> <br />USE <br /> <br />The larger building would a multitenant industrial building made up of larger tenants averaging 20% <br />office (with some tenants having more and some having less) and the remainder of the space used for a <br />variety of purposes including manufacturing, production, retail sales/service, and warehouse. <br /> <br />The smaller building depicted would be very similar in nature but the percentage of office could run a bit <br />lower. Most small-bay tenants are not looking for large office areas but rather smaller office and larger <br />production space. <br /> <br />As stated above both buildings would serve as a home to a large variety of business some which might <br />include office, the manufacturing and production of goods, warehousing goods, and, due to the <br />exposure, there is the possibility we would see some showroom tenants and retail services/goods <br />tenants as well. <br /> <br /> DESIGN <br /> <br />I have also included several photographs of buildings depicting the types of construction and materials <br />that would be used during construction. The larger building would be between 25 and 30 feet tall (as <br />opposed to the smaller building which might be between 20 and 25 feet) to allow tenants to be able to <br />maximize the use of their space by being able to store products vertically. Also, the higher building <br />would give a very prominent look to the entire project as seen from the interstate system. <br /> <br />We are very excited to have the opportunity to do another high quality project in the city of Arden Hills <br />and I very much appreciate the visibility that part of Arden Hills will have. Because of this visibility and <br />exposure it is our plan to design the buildings and use materials that will be of a high quality to give the <br />sense of a high quality development. <br /> <br />