COMPANY OVERVIEW

Cornerstone Development Corporation (CDC) is the preeminent real estate development company specializing in developing customer and community-friendly self storage facilities and build-to-suit projects throughout the United States. CDC has been one of the fastest growing privately-held self storage development companies in the country.

The founder, Fred Gans, began his career in Dallas, Texas by establishing a commercial real estate company and for nearly 30 years has participated in real estate brokerage, acquisitions, management, consulting and the development of income producing properties throughout the United States.

The self storage industry has been the cornerstone of the company's history. Mr. Gans became closely involved with the self storage industry in 1982, representing development sites to the largest developers in the United States and brokering sales of 75 self storage facilities. Since then, his company has participated in site selection, demographic and location analysis, economic feasibility and the development of more than 3.4 million square feet of rentable space, or 30,000, units of self storage across the US. Over the last 15 years CDC has developed, owned and managed more than 65 self storage facilities and is involved in the ownership and development of a variety of office, industrial and retail build-to-suit properties.

Being flexible to market demands and changes has allowed the CDC team of talented specialists to prosper and grow. Cornerstone Development Corporation's success is the direct dividend of providing quality developments in superior locations coupled with the knowledge that it strives to exceed expectations and bring the most value for investment dollars.