100 Treetops Lane Investment Group LLC C/O Lasalle Investment Management

“FORM 990, PART I, LINE 1 THE PURPOSE IS TO ACQUIRE REAL PROPERTY, HOLD TITLE TO, AND COLLECT INCOME FROM SUCH PROPERTY AND REMIT THE ENTIRE AMOUNT OF THE INCOME FROM SUCH PROPERTY, LESS EXPENSES, TO ITS STOCKHOLDERS. DESCRIPTION OF MANAGEMENT ARRANGEMENT FORM 990, PART VI, LINE 3 Lincoln Property Company was engaged to manage property operations and lease space with approval of an officer of the Corporation.”

“Form 990, Part VI, Line 6 The Corporation has one class of no par value common stock. The Corporation's sole shareholder is Alaska Permanent Fund Corporation.”

“Form 990, Part VI, Line 7a Alaska Permanent Fund Corporation is the organization's sole shareholder. Therefore, it has the authority to elect or appoint one or more members of the organization's governing body.”

“Form 990, Part VI, Line 7B Alaska Permanent Fund Corporation is the organization's sole shareholder. Therefore, the decisions, of the organization's governing body may be subject to approval by Alaska Permanent Fund Corporation at any time. These decisions include, but are not limited to, approval of the governing body's election or removal of directors and the decision to dissolve the organization.”

“Form 990, Part VI, Line 11b The organization's Form 990 was prepared by an independent accounting firm and subsequently reviewed by a director of the organization. The tax department of LaSalle Investment Management reviews the return prior to filing.”

“Form 990, Part VI, Lines 15a & 15b Officers of 100 Treetops Lane Investment Group, LLC are not compensated by the organization for their services.”

“Form 990, Part VI, Line 19 Information provided upon request.”

“Form 990, Part XI, Line 9 TOTAL OTHER CHANGES IN NET ASSETS REPRESENTS: CONTRIBUTIONS FROM ALASKA PERM FUND CORPORATION: $1,326,000 NET UNREALIZED APPRECIATION/(DEPRECIATION): $2,374,013 DISTRIBUTIONS TO ALASKA PERM FUND CORPORATION: ($631,158) ------------- TOTAL CHANGE IN NET ASSET: ($3,068,855)”