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PROFESS.�Q�AL QUALIFICATIONS OF LOUIS W. FRILLI4I�N President G VA MARQ UETIE AD VISORS Louis W. Fz��t�nar� has been engaged in the real estate business nationwide since March 1975. During this time, he has developed skills in all areas of real estate practice including the acquisition, disposition, asset management, development, leasing, sale, fmancing, and valuation of industrial, commercial, and residential properties, including all major types of income-producing real estate. . Currently, Mr. Fzillman is President of GVA Marquette Advisors, a national commercial real estate consulting firm , GVA Marquette Advisors currently operates a national real estate counseling practice with offices in Minneapolis and Seattle. GVA Marquette provides comprehensive solutions to complex real estate problems and is practiced at managing and overseeing large real estate consulting projects nationwide. Mr. Fr�llnra�an formerly was Executive Vice President of Marquette Partners, a 490 employee firnl that managed and oversaw 45 million sf of investment properties of all types, including regional and community shopping centers nationwide, office properties and industrial investmentand corporateportfolios. In 1973, Mr. �r��an graduated from the College of St. Thomas with a Bachelor of Arts Degree in Finance. He has completed courses sponsored by the Society of Real Estate Appraisers, including Introduction to Real Property Appraisal and Course 10-1. He has also completed over a five—year period, Course 1B, Course 6, and Course 2, all case study courses presented by the Appraisal Institute. Mr. �r��lman. regularly attends professional educational seminars and has completed courses in a variety of related subjects including market feasibility analysis, syndication �truc�ure and analysis, subdivision development, the valuation of industrial real estate, the valuation of multiple-family properties, analysis of deminimus PUDs, methods of j oint venture fmancing, valuation of business enterprises, and others. In addition to attending courses in real estate, Mr. Frillman has lectured and taught real estate valuation for the University of St. Thomas and has been a guest lecturer at numerous continuing education seminars for the Law Board, NAIOP, American Society of Real Estate Counselors, and NACORE. Mr. Fri�lr�an is a licensed and bonded real estate broker in the State of Minnesota and is an affiliate member of the National Association of Industrial and Office Parks (NAIOP), and served on the Legislative Committee of that association. He has also served as judge for the NAIOP "Awards of Excellence".