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F.4RR/NGTONAPPRA/SALS, /NC. <br />4260 RALPH JONES DR. <br />SOUTH BEND, /N <br />l~dlnle <br />n+,. ~~ <br />~cn~-a~~ <br />Ali <br />~O `~00 D.Lar <br />Exhibit A <br />-- ~ _ o` <br />'z <br />o _ _ <br />' - D <br />i r, N <br />AUTEN RD I 1_ ~~ <br />Pk i` `~~ - <br />~~ o <br />m c <br />~r ___- --- ~.__~- <br />~~~Subject--- ~ <br />~4V~CieveLandPk ~, +~O" cE~ e <br />~ •• N~acrm mPCon~t~e Toll Road Pk ~ ~ _ <br />Olive Rd C~ ~~ eFCe Pk ;i ~ o~ ct.EVE o ~ ~Q I ~ -- ~n`c_ _ uwo <br />_ 1 ` 11 ~e 1. Blackthorn _ -- s~ -- - <br />t: -°M1' I <br />}~ N_ <br />w <br />Airport Pks ~ o ~ ~R <br />BGC.ima B~i'hmspaeaai~m Caa,rr ~ y <br />' L0.TNROP ___ •i ~ i <br />''. _ s <br />'~ ~ St.b <br />PROORE9~ ~ q~ G~ <br />_ ® z <br />rt <br />LandtTl3rk Park .Ameritech <br />z <br />Detailed Location Ma <br />Relating back to the subject, the local industrial real estate market is expected to improve over the <br />next 24 months. The location of the subject is favorable on the northwest side of South Bend, with <br />access to the airport, major roadways, and municipal utilities. The subject offers a functional <br />industrial building in today's market relative to size and overall construction type and quality. The <br />building is in average condition, with no signs of deferred maintenance. Uverall, the level of risk <br />associated with ownership of the subject real estate seems low when compared to older or less <br />functional industrial properties. Therefore, the subject is considered competitive in the current local <br />market. <br />Legal Description <br />The subject is legally described in assessment records as Toll Road Industrial Park, Section 5, Lots <br />12A and 12B, German Township, St. Joseph Co., Indiana. The plat map to follow shows the <br />overall location and configuration of the subject lots. Assessment records indicate that the subject <br />lots provide a combined land area of 3.21 acres, subject to the completion of a professional boundary <br />survey. <br />G>i~r~i' ~ ®~~i~~ <br />~il~d !~ <br />JuN 2 6 2006 <br />~QR~ r*!D, tN• <br />CI't't CI.~RK, 50' <br />12 <br />