Bill Hutchinson and Dunhill Partners Acquire Bradford Plaza Retail Center in Stillwater, Oklahoma

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmkDEC@?8m$E:==H2E6C[ ~<=29@>2 \ k^DEC@?8msF?9:== !2CE?6CD =65 3J rt~ k2 C6=lQ?@7@==@HQ 9C67lQ9EEADi^^3:==9FE49:?D@?]@C8^Qmq:== wFE49:?D@?k^2m[ 92D 4@>A=6E65 E96 24BF:D:E:@? @7 qC257@C5 !=2K2[ 2 hb[fdd\DBF2C6\7@@E C6E2:= D9@AA:?8 46?E6C D:EF2E65 @? 2AAC@I:>2E6=J g]gf 24C6D :? $E:==H2E6C[ ~<=29@>2] %96 AC@A6CEJ :D =@42E65 H:E9:? @?6 @7 E96 4:EJ’D AC:>2CJ C6E2:= 4@CC:5@CD 2?5 :D A@D:E:@?65 ?62C E96 :?E6CD64E:@? @7 }@CE9 |2:? $EC66E 2?5 w2== @7 u2>6 pG6?F6]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmqC257@C5 !=2K2 :D 4FCC6?E=J `__T =62D65 2?5 36?67:ED 7C@> :ED AC@I:>:EJ E@ ~<=29@>2 $E2E6 &?:G6CD:EJ[ =@42E65 2AAC@I:>2E6=J 92=7 2 >:=6 2H2J] %96 F?:G6CD:EJ D6CG6D 2D @?6 @7 E96 =2C86DE 64@?@>:4 2?5 6>A=@J>6?E 2?49@CD :? E96 C68:@?[ 4@?EC:3FE:?8 D:8?:7:42?E=J E@ 4@?D:DE6?E 4@?DF>6C 56>2?5 :? E96 DFCC@F?5:?8 C6E2:= >2C<6E]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQm%96 D9@AA:?8 46?E6C :D 2446DD:3=6 E9C@F89 >F=E:A=6 :?8C6DD 2?5 68C6DD A@:?ED 2?5 6IA6C:6?46D 52:=J EC277:4 4@F?ED 6I4665:?8 ca[___ G69:4=6D] xED =@42E:@? 2?5 2446DD:3:=:EJ 92G6 DFAA@CE65 =@?8\E6C> E6?2?E @44FA2?4J 2?5 DFDE2:?65 C6E2:= 24E:G:EJ H:E9:? E96 46?E6C]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmqC257@C5 !=2K2 762EFC6D 2 4@>3:?2E:@? @7 ?2E:@?2=[ C68:@?2=[ 2?5 =@42==J @A6C2E65 E6?2?ED E92E D6CG6 3@E9 6G6CJ52J 2?5 =:76DEJ=6 4@?DF>6C ?665D :? $E:==H2E6C 2?5 E96 3C@256C !2J?6 r@F?EJ 2C62] }2E:@?2= C6E2:=6CD 2E E96 AC@A6CEJ :?4=F56 %]y] |2II[ ~=5 }2GJ[ &=E2 q62FEJ[ }@E9:?8 qF?5E r2<6D[ ~C2?86%96@CJ u:E?6DD[ 2?5 $2==J q62FEJ] q2C?6D U2>Aj }@3=6 :D 6IA64E65 E@ @A6? :ED 7:CDE $E:==H2E6C =@42E:@? 2E E96 46?E6C[ 7FCE96C 6IA2?5:?8 :ED E6?2?E >:I]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmx? 255:E:@? E@ ?2E:@?2= 3C2?5D[ E96 46?E6C :?4=F56D =@42==J C@@E65 2?5 C68:@?2= 3FD:?6DD6D DF49 2D yFDE (277=:?’[ {@D pKE642D[ 2?5 @E96C D6CG:46\32D65 @A6C2E@CD] %96D6 E6?2?ED 4@?EC:3FE6 E@ E96 AC@A6CEJ’D 4@>>F?:EJ\@C:6?E65 C6E2:= 6?G:C@?>6?E 2?5 DFAA@CE 2 >:I @7 52:=J 4@?G6?:6?46[ 5:?:?8[ 2?5 D6CG:46 @776C:?8D]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmk2 C6=lQ?@7@==@HQ 9C67lQ9EEADi^^3:==9FE49:?D@?]4@^Qmq:== wFE49:?D@?k^2m[ rt~ @7 k2 C6=lQ?@7@==@HQ 9C67lQ9EEADi^^HHH]5F?9:==A2CE?6CD]4@>^QmsF?9:== !2CE?6CDk^2m[ 4@>>6?E65 @? E96 24BF:D:E:@? 2?5 :ED A@D:E:@?:?8 H:E9:? E96 4@>A2?J’D 3C@256C A@CE7@=:@ DEC2E68J] “qC257@C5 !=2K2 :D 2 7F==J =62D65 C6E2:= 46?E6C =@42E65 :? 2 >2C<6E DFAA@CE65 3J DEC@?8 :?DE:EFE:@?2= 2?49@CD 2?5 4@?D:DE6?E 4@?DF>6C 24E:G:EJ] %96 AC@A6CEJ 7:ED H:E9:? @FC 2AAC@249 @7 24BF:C:?8 DE23:=:K65 C6E2:= 2DD6ED :? 6DE23=:D965 2?5 8C@H:?8 >2C<6ED[” wFE49:?D@? D2:5]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmw6 25565 E92E E96 4@>A2?J 4@?E:?F6D E@ 6G2=F2E6 C6E2:= AC@A6CE:6D :? C68:@?D 56>@?DEC2E:?8 =@?8\E6C> 56>@8C2A9:4 2?5 64@?@>:4 DE23:=:EJ[ A2CE:4F=2C=J E9@D6 DFAA@CE65 3J F?:G6CD:E:6D[ 962=E942C6 DJDE6>D[ 2?5 5:G6CD:7:65 6>A=@J>6?E 32D6D]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmz2C: |@@C6[ s:C64E@C @7 t4@?@>:4 s6G6=@A>6?E 7@C E96 $E:==H2E6C r92>36C @7 r@>>6C46[ ?@E65 E96 :>A@CE2?46 @7 E96 C6E2:= 46?E6C E@ E96 =@42= 64@?@>J] “qC257@C5 !=2K2 A=2JD 2 >62?:?87F= C@=6 :? $E:==H2E6C’D C6E2:= =2?5D42A6] %96 E6?2?E >:I C67=64ED 3@E9 ?2E:@?2= :?G6DE>6?E 2?5 =@42==J @A6C2E65 3FD:?6DD6D E92E D6CG6 E96 4@>>F?:EJ @? 2 52:=J 32D:D[” |@@C6 D2:5]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQmsF?9:== !2CE?6CD :D 2 s2==2D\32D65 C62= 6DE2E6 :?G6DE>6?E 2?5 @A6C2E:?8 4@>A2?J 7@4FD65 @? E96 24BF:D:E:@?[ 56G6=@A>6?E[ =62D:?8[ 2?5 >2?286>6?E @7 C6E2:= AC@A6CE:6D E9C@F89@FE %6I2D 2?5 DFCC@F?5:?8 DE2E6D] %96 7:C> DA64:2=:K6D :? C6E2:= 46?E6CD =@42E65 :? 9:89\8C@HE9 2?5 9:89\EC277:4 >2C<6ED[ H:E9 2 A@CE7@=:@ E92E :?4=F56D 2 C2?86 @7 ?6:893@C9@@5 2?5 4@>>F?:EJ D9@AA:?8 46?E6CD]k^Am

kA DEJ=6lQE6IE\2=:8?i ;FDE:7JjQm%96 4@>A2?J 4@?E:?F6D E@ 6IA2?5 :ED AC6D6?46 :? D6=64E >2C<6ED H96C6 C6E2:= 7F?52>6?E2=D C6>2:? DE23=6 2?5 =@?8\E6C> 56>2?5 5C:G6CD 2C6 AC6D6?E]k^Am

kAmkDA2? DEJ=6lQ7@?E\D:K6i`gAI P:>A@CE2?EjQm|65:2 r@?E24Ek^DA2?mk^Am

kAmkDEC@?8mr@>A2?J }2>6ik^DEC@?8m sF?9:== !2CE?6CD[ x?4]k^Am

kAmkDEC@?8mr@?E24E !6CD@?ik^DEC@?8m q:== wFE49:?D@?k^Am

kAmkDEC@?8mt>2:=ik^DEC@?8mk^Am

k2 9C67lQ9EEAi^^HHH]F?:G6CD2=AC6DDC6=62D6]4@>^nACl3:==\9FE49:?D@?\2?5\5F?9:==\A2CE?6CD\24BF:C6\3C257@C5\A=2K2\C6E2:=\46?E6C\:?\DE:==H2E6C\@<=29@>2Qm$6?5 t>2:=k^2m

kAmk^Am

kAmkDEC@?8mr:EJik^DEC@?8m $E:==H2E6Ck^Am

kAmkDEC@?8m$E2E6ik^DEC@?8m ~<=29@>2k^Am

kAmkDEC@?8mr@F?ECJik^DEC@?8m &?:E65 $E2E6Dk^Am

kAmkDEC@?8m(63D:E6ik^DEC@?8mk^Am

k2 9C67lQ9EEAi^^HHH]5F?9:==A2CE?6CD]4@>^Q E2C86ElQ03=2?<Q C6=lQ?@7@==@HQm9EEAi^^HHH]5F?9:==A2CE?6CD]4@>^k^2m

kAmk^Am

kAmk:>8 DC4lQ9EEADi^^HHH]86E?6HD]:?7@^AC6DD0DE2E]A9AnACl3:==\9FE49:?D@?\2?5\5F?9:==\A2CE?6CD\24BF:C6\3C257@C5\A=2K2\C6E2:=\46?E6C\:?\DE:==H2E6C\@<=29@>2Q 2=ElQQ H:5E9lQ`AIQ 96:89ElQ`AIQ ^mk^Am