Investor Presentaiton
CIO TARGETS LEADING SOUTHERN AND WESTERN CITIES
CITY OFFICE REIT
NATION-LEADING OFFICE DEMAND DRIVERS (1)
ATTRACTIVE MARKET CHARACTERISTICS
✓ "18-hour cities" with a high-quality urban living experience
✓ Low or no state taxes in most markets
Diverse employment bases with national and international employers
Educated workforces
Low-cost centers for businesses to operate
Sound transportation infrastructure with lower congestion
Strong and stable demand generators such as state capitals or
university proximity
2020 NET MIGRATION FAVORS SOUTH AND WEST (2)
Balanced Inbound Outbound
PROJECTED EMPLOYMENT
GROWTH 2021 - 2026
1.9%
3.7%
7.3%
PROJECTED POPULATION
GROWTH 2021 - 2026
1.4%
3.1%
6.5%
Gateway National
Markets Avg
CIO
Markets
Gateway National
Markets Avg
CIO
Markets
CIO INVESTS IN DESIRABLE SUBMARKETS
☐ Phoenix: Scottsdale, Tempe, Camelback Corridor, Chandler
ㅁ Tampa: Downtown Tampa, Downtown St. Petersburg, I-75
Corridor, Carillon Office Park
☐ San Diego: Mission Valley, Sorrento Mesa
ㅁ
Denver: Denver Technology Center, Northwest Corridor
☐ Orlando: Downtown Orlando, Florida Research Park, Lake Mary
.
Dallas: Uptown, Lewisville, Richardson/Plano
☐
Portland: Sunset Corridor, Airport Way
☐
Seattle: Eastside / Bothell
(1)
Source: S&P Global, as of August 1, 2021. Gateway markets represent New York, NY, Boston, MA, Chicago, IL, Los Angeles, CA, San Francisco, CA and Washington, D.C.
(2) Source: North American Van Lines, January 2021
5View entire presentation