Pacific Pointe Partners

Pointe Monterey Business Park II

Project Address:	Leilani Way off of Dinah Shore Drive Palm Desert, CA 92211
Property Description:	Eight (8) buildings/units totaling 142,897 square feet of industrial and flex space situated on 9.38 acres of vacant land in Palm Desert, CA.
Acquisition Date:	July, 2006 (Estimated)
Land Acquisition Cost:	$4,597,780.00 ($11.00 psf)
Estimated Project Value:	$26,500,000.00
Project Team:	Property Owner: Leilani Partners PD LLC Project Development Manager: Pacific Pointe Partners, Inc. Project Contractor: Fullmer Construction Project Architect: Ware Malcomb
Project Strategy / Business Plan:	The business plan for Leilani Partners PD LLC is to take maximum advantage of the relationships, market climate and relative experience stemming from the first phase of Pointe Monterey Business Park and to offer an industrial phase to area users. The strategy is to lease the two proposed large industrial buildings (G & H) to area users and to sell the flex space units and small industrial buildings (A, B, C, D, E and F) to maximize the potential value of the development.