Culver City, California, May 3, 2016: Madison Partners has arranged the sale of 200 and 300 Corporate Pointe, an institutional‐quality, value‐add office campus located in Culver City, California. Situated in the prime Lower Westside market area, 200 and 300 Corporate Pointe consists of two separate, class A office towers totaling 206,538 rentable square feet, along with an on‐site parking garage offering a total of 718 parking spaces. Bob Safai, Matt Case, and Brad Schlaak brokered the transaction on behalf of the seller, Broadreach Capital Partners, which sold the properties for $65,500,000, or approximately $317 per square foot, to MITAA Group, a Southern California‐based investment, development and management firm.

200 Corporate Pointe, constructed in 1984 and renovated in 2004, is a 4‐story tower offering 91,856 rentable square feet with an average floor plate of approximately 20,000 rentable square feet. 300 Corporate Pointe, constructed in 1984 and renovated in 2004, is a 5‐story tower offering 114,682 rentable square feet with an average floor plate of approximately 23,000 rentable square feet. The properties are situated on 4.08 acres, which includes an extensively‐landscaped campus setting with a central courtyard, outdoor seating areas, and elaborate water features. 200 and 300 Corporate Pointe have a diverse rent roll with notable national, regional and local tenancy including Paychex, Landmark Education, DataScience, Fonality, TransUnion, and Shiseido Cosmetics.

Located in the coveted Lower Westside market, which is home to highly‐concentrated growth in the technology, media, entertainment, advertising, gaming and creative office sectors, 200 and 300 Corporate Pointe are extremely well positioned to benefit from the area’s significant and ongoing momentum. This transaction marks the ninth sale in the last 18 months that Madison Partners has successfully brokered in the greater Silicon Beach / Lower Westside trade area, representing a total recent sales transaction volume of nearly $520 million in this market. Additionally, the new ownership has retained Joe King of Madison Partners to continue leasing at the properties. The Madison leasing team has recently signed four leases for a total of over 17,000 rentable square feet at the project. In line with the continued positive market momentum in the Lower Westside market, the achieved rents in these recent leases represented over a 15% increase from average rents seen at the project just 12 months earlier.