Desiard St. Portfolio - 2 Buildings

Offering Overview
As part of a potential 7-building portfolio, this offering includes two (2) office buildings along with their dedicated off-street parking. See per-building breakdown below:

The Annex: 328 DeSiard Street

• Classification: Sprinklered Class A Corporate HQ Office
• Building Size: 24,464 SF
• Levels: Three (3) stories — 1st: 9,000 SF | 2nd: 8,000 SF | 3rd: 8,000 SF
• Parking: 32 spaces (11,491 SF paved & secured rear lot)
• Elevators: One (1) passenger
• Infrastructure: 3-phase electrical, backup generator
• Year Built: 1930
• Renovations: 2004 and 2014
• Flood / Zoning: Flood Zone X (No Flood) | CBD

Central Bank Building: 300 DeSiard Street

• Classification: Sprinklered Class A Office with Large Courtyard Building
• Size: 23,266 SF
• Levels: Two (2) levels plus Basement
• Parking: 36 spaces (12,022 SF paved & secured rear lot)
• Elevators: One (1) Otis passenger @ 4,500 LB
• Infrastructure: 3-phase electrical, whole-building generator; utilities on & separately metered
• HVAC: 65-ton chiller (12 years old)
• Year Built: 1925 (former Delta Air Lines headquarters)
• Flood / Zoning: Flood Zone X (No Flood) | CBD

Additional Parking: Adjacent ±2.0-acre city parking lot located across DeSiard Street (free, 24-hour access)

Larger Portfolio (Separate Offering)

In addition to this offering, prospective purchasers should be aware of the larger 7-building Vantage Property Portfolio, currently available for sale.

The portfolio consists of approximately 290,000 rentable square feet of office and retail space in the core of downtown Monroe, Louisiana, supported by 409 dedicated parking spaces across a structured garage, surface lots, and street-adjacent locations. All properties are well maintained, sprinklered where applicable, and located in Flood Zone X (no flood insurance required).

The portfolio is anchored by two multi-story assets:

• State Building: 108,683 SF | six (6) levels
• Vantage Tower: 120,643 SF | eleven (11) levels + connected 149-space parking garage

These anchor assets have benefited from over $29 million in combined capital investment, including:

• $24 million renovation — State Building (2014–2015)
• $5 million in improvements — Vantage Tower

Both properties feature 3-phase electrical service, whole-building generators, multiple elevators, and institutional-grade infrastructure.

MARKET CONTEXT — NORTH LOUISIANA AI CORRIDOR

North Louisiana has attracted over $50 billion in announced data center investment, creating an unprecedented demand surge across the region.

Meta broke ground in January 2025 on one of the largest AI data centers in the country in Richland Parish, approximately 30 miles east of Monroe. Originally announced at $10 billion, the project has grown to an estimated $27–30 billion investment with approximately 4,000 construction workers currently on site. Monroe, as the region's largest city, is the primary beneficiary of the resulting demand for housing, hospitality, dining, and professional services.

In February 2026, Amazon announced a $12 billion investment in data centers in northwest Louisiana, expected to create 540 direct jobs and over 1,700 indirect jobs. A third major project — a $10 billion data center in West Feliciana Parish — is also underway.

The impact on Monroe's downtown is already visible: sales tax collections are up 10% year over year, new hotel developments are accelerating, American Airlines has added flights to Monroe Regional Airport, and out-of-state developers are pursuing adaptive reuse projects in the CBD for the first time in decades.

Investment Highlights

• 289,959 square feet across seven Class A buildings in Monroe's Central Business District, featuring 409 parking spaces, and all Flood Zone X.
• $29M+ in combined capital improvements — 3-phase electrical, whole-building generators, and multiple elevators.
• Monroe sales tax up 10% YOY; new hotel developments, added airline service, and out-of-state developers entering the CBD.
• Anchored by the State Building (108,683 square feet, $24M renovation) and Vantage Tower (120,643 square feet, 149-space parking garage).
• $50B+ in announced data center investment in the North Louisiana AI Corridor — Meta ($27–$30 billion), Amazon ($12 billion), and more.
• Available as a whole ($23 million) or in sub-packages — flexible acquisition structure for experienced developers.