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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 5
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