Page 105 - Guardian Broker Questionnaire Summary Complete Package 2 2 22_Neat

of deal flow at this time of year. This should not be viewed as a deterrent to take a property to
market. We would anticipate that this property would be very well received.

9) Timing-how long to market and find buyer if priced to sell.
Please see Section #5 for a detailed timeline for marketing. We would not deter buyers from
submitting preemptive offers but anticipate a full marketing cycle to maximize exposure and property
tours, ultimately yielding optimal value for ownership.

10) Fee/commission structure
Colliers would propose a fee structure as follows:

If GP I and GP II are sold together to one buyer, our fee would equal 1.25% of the gross purchase price
at closing.

If GP I and GP II are sold separately, our fee would equal 1.5% of the gross purchase price at closing.

11) Communication is critical with this ownership. Please note how often you intend to provide
activity and market updates.
Our traditional approach has been to provide ownership with a weekly update on marketing
activity. This report will give the number of Confidentiality Agreements (CA) executed as well
full contact information for those groups that have executed the agreement along with notes.
This report is given to ownership for review and typically coincides with either a phone call or
meeting to discuss in more detail.
We are open to different approaches with ownership but have found weekly meetings to be
the most effective. The first update is traditionally provided 7-10 days after the property is
officially launched to the market.

Summary

Thank you again for the opportunity to provide valuations on Guardian Place I and II. We are
confident that Colliers possesses the market expertise, intimate knowledge of the buyer pool,
vision, and execution strategy to maximize value for ownership. We welcome the chance to
discuss our valuations and marketing proposal when your schedules permit.

Please do not hesitate to reach out with any questions. We look forward to discussing next
steps when the time is right.

Regards,

The Colliers Team