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Group 73 - Hillwood Hazelton & Alameda BTS

THE GROUP 73 PROJECT

CMB Infrastructure Investment Group 73, LP (“Group 73”) will provide an EB-5 loan to a Hillwood Development Company affiliate to finance various phases of the development and construction of an office facility in the State of California and a warehouse facility in the State of Pennsylvania.

HAZLETON LOGISTICS PARK – HAZLETON, PA

The Hazleton Logistics Park project consists of a single class-A speculative warehouse facility to be constructed on 94.3 acres of land and located within the Pennsylvania I-78/I-81 Industrial Corridor. At full completion, the facility is anticipated to provide 1,200,000 square feet of industrial warehouse space to the region.

ALAMEDA BTS (EXELIXIS) – ALAMEDA, CA

The Alameda BTS project is anticipated to consist of a build-to-suit 4-story, Class A, office facility, serving as an expansion of the current Exelixis headquarters campus, located in Alameda, CA. The building is to be constructed on approximately 5.12 acres of land and is anticipated to total 220,000 square feet. Hillwood has entered into a long-term lease agreement with Exelixis, a biotechnology firm based in Alameda.

EB-5 ATTRIBUTES

• Total EB-5 Loan: up to $31.5 million
• Total Project Spending: $188,312,923
• Estimated Jobs from Development & Construction: 722
• 14.60% Job creation buffer

PROJECT TIMELINE

Development and construction is projected to commence in Q1 2020. Completion of all construction activity is targeted for late Q3 2021.

Hillwood

In 1988, Ross Perot, Jr. founded Hillwood based on the core values of character, courage and integrity. Rooted in a strong entrepreneurial vision, Hillwood is committed to bringing long-term value to our customers and partners through real estate development, investments and public-private partnerships. (https://www.hillwood.com/About/AboutUs.aspx)

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