<p align="left">The industrial sector is a primary focus of PRG based on the firm’s deep experience in this sector.  The firm’s principals have extensive experience in the investment, development , leasing and<br /> management of industrial properties and strong track record of success in Southern<br /> California.</p>
<p align="left">The firm focuses on the approximately 1.5 billion square foot industrial marketplace in Southern California which is comprised of nine submarkets.  Consistent with PRG’s philosophy, the firm<br /> focuses on assets where value can be added via repositioning, redevelopment and/or leasing.</p>
<p align="left">Multi-tenant incubator business parks is a key focal area due to its principals’ long track record of success with this this type of asset in Southern California and the firm’s strong in-house leasing and management platform.  The firm targets well located incubator business parks where its leasing and management expertise serve as a critical operating advantage.</p>
<p align="left">PRG primarily focuses on “value-add” opportunities wit the following characteristics:</p>

<ul>
	<li>Vacant properties requiring lease-up</li>
	<li>Ability to cure functional deficiencies such as poor loading, low image or other inadequacies</li>
	<li>Ability to demise the building into smaller units</li>
	<li>Deals requiring capital infusion to execute the business plan for the property</li>
</ul>
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