FW - Brady Development, Inc.

Brady Development was established in 1973 with the purpose of acquiring sub-standard real estate for renovation and subsequent sale. In 1975 the company acquired large apartment complexes for the purpose of condominium conversions. From the period of 1975 to 1980 the Company completed three such projects with sales in excess of $13,000,000.

The 1980’s saw the Companies efforts being diverted to the development of medium rise condominium projects along the coast of Southern California. These were four story-building projects built over subterranean garages. During this period, four such projects were successfully completed totaling in excess of $7,000,000.

With the downturn in the residential markets in the early 1990’s, Brady Development concentrated efforts in the commercial and industrial general construction and maintenance market while specializing in general contracting both in the tenant improvement and new construction markets. The list of clients included American Racing, Mobil Hi Tech, Derlan Industries, Long Beach Community Medical Center, Alpha Therapeutics and Straub Distributing Company. The Company bid several public works projects and was successful bidder on school projects in Ontario, Cal State University of Long Beach, and several with Long Beach Unified School District. In the past two years the Company has built six Head Start Schools for Long Beach Unified School District.

As recently as 1998 the Company has focused efforts in the self-storage market. With the acquisition of heavy equipment, the Company has expanded efforts to include “in-house” grading and demolition along with bidding grading projects for General Contractors. In the construction of storage facilities there is a definitive advantage as a General Contractor in performing your own grading because it enables you to mitigate any unforeseen problems inherent in rough and finish grading. During the last six years F. W. Brady Development Inc. has worked along side several self-storage development companies, both as a General and Sub Contractor, helping to develop in excess of 476,000 square feet of storage.

In 2002 F. W. Brady Development Inc. completed a $4,000,000 (93,000 square feet) facility for Power Self Storage in Long Beach, California. In 2004 the company completed a $7,000,000 (164,000) square foot facility in Ventura, California also for Power Self Storage. In June of 2004 the company, acting as owner-builder developed a $3,500,000 (64,000 square foot) facility in Ontario, California. Recently they finished a 5.5 acre grading project with an excess of 100,000 yards of dirt. The dirt needed to be removed and replaced with a chemical additive to prevent expansion.

F. W. Brady Development Inc. is a licensed General Contractor, a licensed General Engineering Contractor and has a hazardous materials certificate.

The corporation is licensed under License #766223 and was acquired August 2, 1996. However, the original License #456805 under Brady Development Company (a sole proprietorship) was issued in May of 1984 and is now inactive.

FW - Brady Development, Inc.

BRADY DEVELOPMENT INC.

16782 INTREPID LANE

HUNTINGTON BEACH, CA 92649

LICENSE #B766223

TEL (562) 592-2138 FAX (562) 592-0829