Desiard St. Portfolio - 2 Buildings

Monroe, LouisianaOffering Overview As part of a potential 7-building portfolio, this offering includes two (2) office buildings along with their dedicated off-street parking. See per-building breakdown below: The Annex: 328 Desiard Street Classification: Sprinklered Class A Corporate HQ Office Building Size: 24,464 SF Levels: Three (3) stories — 1st: 9,000 SF | 2nd: 8,000 SF | 3rd: 8,000 SF Parking: 32 spaces (11,491 SF paved & secured rear lot) Elevators: One (1) passenger Infrastructure: 3-phase electrical, backup generator Year Built: 1930 Renovations: 2004 and 2014 Flood / Zoning: Flood Zone X (No Flood) | CBD Central Bank Building: 300 Desiard Street Classification: Sprinklered Class A Office with Large Courtyard Building Size: 23,266 SF Levels: Two (2) levels plus Basement Parking: 36 spaces (12,022 SF paved & secured rear lot) Elevators: One (1) Otis passenger @ 4,500 LB Infrastructure: 3-phase electrical, whole-building generator; utilities on & separately metered HVAC: 65-ton chiller (12 years old) Year Built: 1925 (former Delta Air Lines headquarters) Flood / Zoning: Flood Zone X (No Flood) | CBD Additional Parking: Adjacent ±2.0-acre city parking lot located across Desiard Street (free, 24-hour access) Larger Portfolio (Separate Offering) In addition to this offering, prospective purchasers should be aware of the larger 7-building Vantage Property Portfolio, currently available for sale. The portfolio consists of approximately 290,000 rentable square feet of office and retail space in the core of downtown Monroe, Louisiana, supported by 409 dedicated parking spaces across a structured garage, surface lots, and street-adjacent locations. All properties are well maintained, sprinklered where applicable, and located in Flood Zone X (no flood insurance required). The portfolio is anchored by two multi-story assets: State Building: 108,683 SF | six (6) levels Vantage Tower: 120,643 SF | eleven (11) levels + connected 149-space parking garage These anchor assets have benefited from over $29 million in combined capital investment, including: $24 million renovation — State Building (2014–2015) $5 million in improvements — Vantage Tower Both properties feature 3-phase electrical service, whole-building generators, multiple elevators, and institutional-grade infrastructure. MARKET CONTEXT — NORTH LOUISIANA AI CORRIDOR North Louisiana has attracted over $50 billion in announced data center investment, creating an unprecedented demand surge across the region. Meta broke ground in January 2025 on one of the largest AI data centers in the country in Richland Parish, approximately 30 miles east of Monroe. Originally announced at $10 billion, the project has grown to an estimated $27–30 billion investment with approximately 4,000 construction workers currently on site. Monroe, as the region's largest city, is the primary beneficiary of the resulting demand for housing, hospitality, dining, and professional services. In February 2026, Amazon announced a $12 billion investment in data centers in northwest Louisiana, expected to create 540 direct jobs and over 1,700 indirect jobs. A third major project — a $10 billion data center in West Feliciana Parish — is also underway. The impact on Monroe's downtown is already visible: sales tax collections are up 10% year over year, new hotel developments are accelerating, American Airlines has added flights to Monroe Regional Airport, and out-of-state developers are pursuing adaptive reuse projects in the CBD for the first time in decades.