menu Disciplined and Thoughtful Investing OUR BUSINESS Glenborough is a private real estate investment management company. We are focused on creating successful investment strategies, based on our research and our experience. We execute those strategies with disciplined and thoughtful investing followed by proactive asset and property management using our vertically integrated full service real estate operating platform. As a NYSE listed REIT, the Company generated a 15.9% compounded annual IRR to shareholders as compared to 11.2% for the NAREIT Equity Index over the same 11-year period. About Glenborough Glenborough LLC is a full-service real estate investment and management company focused on the acquisition, management, leasing and redevelopment of quality real estate. The Company is experienced in a variety of property types, including retail, office, industrial, and multi-family residential and has operated in over 36 markets nationwide. Between 1996 and 2006, Glenborough was organized as a real estate investment trust and traded on the New York Stock Exchange under the symbol “GLB”. As a public REIT, the Company generated a 15.9% compounded annual IRR to shareholders as compared to 11.2% for the NAREIT Equity Index over the same 11-year period. In 2006, Glenborough Realty Trust, sold itself to a Morgan Stanley controlled real estate fund. In 2010, the Glenborough, LLC entity and a select group of assets were reacquired by Andrew Batinovich, the Company’s CEO, and a private investor group. The Company has assembled a highly experienced team of professionals with hands-on experience in all aspects of real estate investments and in real estate investment cycles. The team has an average industry tenure of 35 years and an average tenure at Glenborough of over 20 years. The stability, depth and experience has allowed the company to deliver proven results. Glenborough acquires properties on its own behalf or co-invests with a select group of joint venture equity partners. Glenborough affiliates have invested and joint ventured with affiliates of Blackstone, Oaktree Capital Management, Almanac Realty Investors and Morgan Stanley. Currently, a Glenborough affiliate serves as the external advisor to Strategic Realty Trust, Inc. (www.srtreit.com), a real estate investment trust focused on owning high quality west coast urban and street retail properties. Strategic Realty Trust ('SRT') is a Real Estate Investment Trust focused on owning High Quality West Coast Urban and Street Retail Properties Strategic Realty Trust Highlights Glenborough, LLC was selected by the Board of Directors of Strategic Realty Trust as its replacement advisor and manager A Real Estate Investment Trust focused on owning high quality West Coast Urban and Street Retail Properties Strategic Realty Trust is currently investing in San Francisco and Los Angeles with future expansion to Seattle, Portland and San Diego Strategic Realty Trust targets high demand locations with solid rent growth prospects, strong cash flows and visible value appreciation characteristics The properties are in high density population, above average income, walkable urban locations Glenborough Realty Trust Highlights Formed in 1996 by the merger of Glenborough Corporation and eight public partnerships and began with slightly over $100 million in total assets The REIT’s strategy was to focus on high quality office properties in 24-hour CBD’s or suburban city centers in San Francisco, Los Angeles, San Diego, Boston, No. New Jersey and Washington D.C. By 2006 the REIT had created a 40-property portfolio of primarily class A office properties in high demand locations in 24-hour, transit oriented, pedestrian friendly, mixed-use, amenity rich submarkets of six coastal gateway cities Sold the REIT in 2006 for $1.9 billion to a Morgan Stanley controlled real estate fund As a NYSE listed REIT, Glenborough Realty Trust, Inc generated a 15.9% compounded annual IRR to shareholders as compared to 11.2% for the NAREIT Equity Index over the same 11-year period. TEAM Andrew Batinovich Chief Executive Officer Biography G. Lee (Chip) Burns Senior Vice President, General Counsel Biography Brad Kettmann Senior Vice President, Finance Biography CONTACT Glenborough, LLC 400 Concar Drive San Mateo, CA 94402 Phone: (650)343-9300 Web: www.glenborough.com Back to top © 2018 Glenborough LLC. · Terms