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fund equity, co -investor equity and debt). To learn more about Rockpoint Group, <br />visit www.rockpoint.com. <br />Pant 2—List of Shareholders/Partners <br />OppidonInvestment Company <br />RookpointGroup, LLC <br />Part 3 — Description of Project <br />(]ppidan'sIndustrial project onBunkerLokeB|vdinF<omnseyprovideoaun' ueopportundxfora <br />high -quality industrial park development opportunity in the Twin Cities North Central Industrial <br />8ubrnarket. Atomeoro'|eve|Remoey,Anoke.andCoonRapidsareosubsetvvithintheNorth <br />CenLoa|submarkei. Users located in these communities seldom explore opportunities outside <br />these communities. When migration from these communities has occurred iihas largely been <br />due to a lack of available opportunities in the immediate area (existing buildings and landsites). <br />Speculative development in this vicinity in the past 10 years has been limited to a 3-building <br />design project deve|opeddiraoi|yaouthofBunkerLokoBuoinesoPark. These three buildings <br />totaling approximately 175.00O8F(51K.8OK.&B4KSF) were developed in2O18and 2O18. All <br />3projects vverefuUy'1aosedvvithinnnonihsofoonatrucUoncornp|eUonvvi{houianyadvertioingto <br />the brokerage community with tenants secured with limited broker representation. All three <br />buildings are 24'clear and offer dock and drive-in loading. Atpresent there are nospeculative <br />orBTSopportunities being marketed inRamsey, Anoka, orCoon Rapids. There iaone building <br />under construction tothe South ofthe proposed project ooneietingofapproximmaie|y72.00Oa.f. <br />that will be available in 2022. <br />Dppiden is planning to develop 3 buildings totaling 403.300 a.f. in Ramsey that are all class <br />quality. This product iogoing tobethe crown jewel Construction ioexpected tostart <br />(if economic hurdles can be overcome by way of TIF) in the fall of 2021 with grading and site <br />work commencing. |nthe Spring of2O22two buildings would bebuilt tokick ofthe first phase of <br />the project. The second phase of construction would commence in the Spring of 2023 and be <br />completed in the late fall of 2023. <br />Part 4 — But For Analysis <br />Oppidan Investment Company believes there is a community need for industrial office/warehouse <br />development inRamsey, MN. <br />The site described in the application ioba|o 43 acres with the intent to subdivide the land into <br />nnu|Lip|e parce|s providing opproxirnaLe|y 33 acres forthe |ndustha| bui|dinga ond keeping 10 acres <br />