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CBRE REAL ESTATE MARKETING AND BROKERAGE SERVICES PROPOSAL <br />TEAM TRANSACTION SUMMARY <br />Buyer <br />Seller <br />Location <br />Size/Type <br />Price <br />Closing <br />Date <br />J Gregg Homes <br />Builder Finance Co <br />Red Wing, MN <br />9 single family lots <br />$72,000 <br />11/2011 <br />AMAS Investments <br />Vision Bank <br />Brooklyn Park, MN <br />.96 acres of commercial land <br />$180,000 <br />11/2011 <br />Investor <br />Builder Finance Co <br />Duluth, MN <br />113 SF & MF lots in Duluth <br />$1,118,300 <br />10/2011 <br />Crown Tonka <br />Private Investor <br />Plymouth, MN <br />17,000 SF office building on 4.34 acres <br />$2,100,000 <br />10/2011 <br />Setzer Development <br />Meritex <br />Roseville, MN <br />8.16 acres of industrial land <br />$2,210,000 <br />10/2011 <br />Certifit <br />Meritex <br />Roseville, MN <br />6.43 acres of industrial land <br />$1,299,799 <br />10/2011 <br />Conservation Fund <br />Builder Finance Co <br />Maplewood, MN <br />69.6 acres <br />$1,900,000 <br />10/2011 <br />National Builder <br />Builder Finance Co <br />Interlaken-Waconia, MN <br />18 single family lots on takedown schedule <br />$468,000 <br />10/2011 <br />National Builder <br />Regional Bank <br />Interlaken-Waconia, MN <br />29 single family lots on takedown schedule <br />$725,000 <br />10/2011 <br />National Homebuilder <br />Family Trust <br />Roseville, MN <br />13.7 acres platted for 28 single family lots <br />$1,259,000 <br />9/2011 <br />National Homebuilder <br />Family Trust <br />Arden Hills, MN <br />23 acres platted for 38 single family lots <br />$1,850,000 <br />7/2011 <br />Airgas <br />Meritex, Inc. <br />Roseville, MN <br />5.91acres of industrial land <br />$1,030,803 <br />6/2011 <br />Private Investor <br />Bank <br />Apple Valley, MN <br />27 acres of industrial land <br />$550,000 <br />6/2011 <br />Farmer <br />Bank <br />Maple Lake, MN <br />72 acres <br />$345,000 <br />5/2011 <br />School <br />Bank <br />Ramsey, MN <br />186 acres <br />$3,900,000 <br />5/2011 <br />National Homebuilder <br />Developer <br />Palmer Pointe - Minnetrista, MN <br />49 single family lots <br />$5,000,000 <br />4/2011 <br />Investor <br />Bank <br />Rodeo Hills - Buffalo, MN <br />90 single family lots <br />$990,000 <br />4/2011 <br />Investor <br />Bank <br />Parkwood - Cambridge, MN <br />35 single family lots <br />$315,000 <br />4/2011 <br />Farmer <br />Regional Bank <br />Empire Twp, MN <br />20.3 acres of residential land <br />$210,000 <br />4/2011 <br />Private Investor <br />Regional Bank <br />Lonsdale, MN <br />60 acres <br />$160,000 <br />4/2011 <br />Lennar <br />Wells Fargo <br />Martin Farms - Otsego, MN <br />105 single family lots on a takedown schedule <br />$3,684,000 <br />3/2011 <br />Farmer <br />Local Developer <br />Mayer, MN <br />72.3 acres <br />$469,950 <br />3/2011 <br />Individual Buyer <br />LCF Funding <br />Cannon Greens - Randolph Twp, MN <br />3 single family lots <br />$92,500 <br />2/2011 <br />Haag Estates, LLC <br />LCF Funding <br />Oak Savanna - Blue Hill Twp, MN <br />39 single family large lot development <br />$292,500 <br />2/2011 <br />Bob Crane <br />LCF Funding <br />Becker Twp, MN <br />96 acres <br />$55,000 <br />2/2011 <br />Private Investor <br />LCF Funding <br />Randolph Twp, MN <br />2 acre single family lot in Cannon Greens <br />$32,500 <br />2/2011 <br />Local Developer <br />Family Trust <br />1296 Cty. Road F - Arden Hills, MN <br />2.74 acres for apartment land <br />$750,000 <br />12/2010 <br />Local Investor <br />Regional Bank <br />Blaine, MN <br />170 ac. planned future commercial/residential <br />$1,800,000 <br />12/2010 <br />National Debt Investor <br />Rogers, MN <br />Residential Land/Lots Consulting <br />N/A <br />12/2010 <br />Bridge Investments <br />Chrysler <br />1615 Weston Court - Shakopee, MN <br />26,363 SF former auto dealership on +/-6.80 ac. <br />$2,750,000 <br />11/2010 <br />Local Investor <br />LCF Funding <br />Sauk Centre, MN <br />350 acres including lake lots on Long Lake <br />$805,000 <br />11/2010 <br />National Homebuilder <br />Local Investor <br />Lakeville, MN <br />17 single family lots in Spyglass <br />$918,000 <br />10/2010 <br />Local Investor <br />National Bank <br />Eagan, MN <br />6.74 acres of high density land <br />$290,000 <br />10/2010 <br />Industrial User <br />Community Bank <br />545 Atwater Dr - St. Paul, MN <br />38,584 SF industrial building on 1.54 acres <br />$1,575,000 <br />9/2010 <br />National Builder <br />Local Builder <br />Chanhassen, MN 16 SF lots- takedown schedule in Hidden Creek Meadows <br />$2,009,845 <br />9/2010 <br />Industrial User <br />Community Bank <br />Cambridge, MN <br />16,000 SF industrial building on 1.5 acre <br />$730,000 <br />8/2010 <br />Local Builders <br />Builder Finance Co <br />Andover <br />5 lots in Millers Woods <br />$375,000 <br />8/2010 <br />National Homebuilder <br />Private Investor <br />Dancing Waters - Woodbury, MN <br />14 single family lots on a takedown schedule <br />$1,162,000 <br />8/2010 <br />1st State Bank St Jos. <br />Sundance LLC <br />St. Cloud, MN <br />1.38 acres of commercial land <br />$841,579 <br />8/2010 <br />Private Investor <br />National Bank <br />Elk River, MN <br />30 acres <br />$150,000 <br />7/2010 <br />Private Investor <br />LCF Funding <br />Scenic Hills - Becker Twp, MN <br />2 single family lots <br />$40,000 <br />7/2010 <br />Private Buyer <br />LCF Funding <br />Scenic Hills - Becker Twp, MN <br />20 acres <br />$70,000 <br />6/2010 <br />National Homebuilder <br />Bridgewater Bank <br />Chanhassen, MN <br />16 single family lots located in The Arbors <br />$2,650,000 <br />6/2010 <br />Trust for Public Land <br />FDIC <br />Dead Lake, MN <br />200 acres with 3.5 miles of shoreline <br />$2,210,000 <br />6/2010 <br />National Homebuilder <br />Private Investor <br />Lakeville, MN <br />73 single family lots on a takedown schedule <br />$5,475,000 <br />6/2010 <br />Private Builder <br />Private Investor <br />Maple Grove, MN <br />7 single family lots, Maple Trace development <br />$805,000 <br />6/2010 <br />Private Investor <br />LCF Funding <br />Scenic Hills, Becker Twp, MN <br />2 single family lots-5.38 acres <br />$28,000 <br />6/2010 <br />Private Investor <br />National Bank <br />McGregor, MN (Big Sandy Lake) <br />Lodge, Cabins, Townhomes, Excess Land <br />$3,500,000 <br />5/2010 <br />Local Homebuilder <br />Builder Finance Co. <br />Buffalo, MN <br />1 Single Family Lot <br />$30,000 <br />5/2010 <br />National Homebuilder <br />National Homebuilder <br />Waconia, MN <br />1 Single Family Lot <br />$42,000 <br />5/2010 <br />Local Homebuilder <br />Builder Finance Co. <br />Andover, MN <br />2 Single Family Lots <br />$160,000 <br />5/2010 <br />Carver Cty. HRA <br />LCF Funding, LLC <br />Carver, MN <br />36 acres <br />$1,350,000 <br />4/2010 <br />Local Investor <br />Laurent Land <br />Maple Grove, MN <br />7 single family lots in Maple Trace <br />$588,500 <br />3/2010 <br />B I CBRE <br />