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FIGURES I MINNEAPOLIS OFFICE 1 032022 <br /> FIGURE 14:Minneapolis Office Investment Sales Volume,2012-Q3 2022 <br /> Investment Sales <br /> • Volume:Investment sales volume totaled $220 million in 03,bringing the 2022 year-to-date total Millions($) <br /> volume to$938 million.This is a 31%increase year-over-year. <br /> 2500 <br /> • Buyer Composition:Private sales account for the largest percentage of 2022 YTD activity at 76% <br /> followed by institutional buyers with 11.5%and Listed/REITs with 7.5%of all sales. <br /> • Property Type:Q3 sales were predominantly led by suburban sales with$214 million in total 2000 <br /> volume in contrast to$6 million for CBD sales. <br /> CBRE represented the seller in the sale of the New Brighton Office Center this quarter. In total,CBRE <br /> transacted $18.7M of total office sales this quarter, representing 8.4%of the market activity. 1500 <br /> FIGURE 13:Notable Minneapolis Office Investment Sales,03 2022 <br /> Property Location Buyer 1000 <br /> I� <br /> Normandale Lake Office Park Bloomington Opal Holdings 365,900,000 1,700,000 <br /> 500 <br /> Broadway Ridge Minneapolis Singer Capital 30,100,000 185,488 <br /> 0 <br /> Prudential Plymouth Scannell 20,400,000 450,000 ti 3 o <br /> ti ti ti ti ti ti ti ti ti ti 3IV <br /> O- <br /> BLN Office Park Bloomington Hempel 18,700,000 372,545 <br /> New Brighton Office Center New Brighton Edgewood REIT 18,500,000 115,667 <br /> ■Rolling 4-Quarter Volume ■Quarterly Volume <br /> Carlson Center East II Minnetonka Dahl Real Estate 10,500,000 65,000 <br /> Source:Real Capital Analytics <br /> Source:CBRE Research,03 2022 <br /> 5 CBRE RESEARCH ©2022 CBRE,INC. <br />