Inventure Properties History

February 9

Looking Forward

Inventure Properties, LLC already has two to three projects in our pipeline.

February 10

First Historical Rehabilitation Project

Developed the First National Bank of Saint Cloud as first historical rehabilitation project with State Historic Preservation Office and National Park Service and secured tenancy for entire building.

February 9

Continued Growth

Our team continued to grow adding Heather Helmbrecht-Bever as our Executive
Administrator and Sarah Hansen as our Marketing Coordinator.

February 9

First Land Only Development

Vantage Point Campus Rendering

Established Vantage Point Campus as our first land only speculate project, consisting of 8.44 acres in Sartell to be developed for retail office spaces.

February 9

Quinlivan & Hughes Law Firm

Quinlivan & Hughes Exterior

Redeveloped former Granite Bowl site for Quinlivan & Hughes Law Firm.

February 9

Lee Stevens Joins the Team

Lee Stevens Joins the Team

Lee Stevens joined the team as our first full-time Director of Facility Management.

February 9

Ryan Cross Joined the Team

Ryan Cross

Ryan Cross joined the team as Development Associate.

February 9

Secured DEED TIF financing in MN

Worked with partner to secure DEED TIF financing for the first time in Central MN for a design-
build lease back office complex.

February 9

CentraCare Becomes Sole Tenant

CentraCare Home Healthcare and Dialysis Center moved into CentraCare Square utilizing the entire building.

CentraCare Clinic

January 9

Inventure is Born

Inventure is Born

Construction Land Development, LLC changed its name to Inventure Properties, LLC.

February 9

2035 Building Gets New Tenant

Douglas J. Boser procured a deal with CentraCare as a tenant for the 2035 Building and
renamed it “CentraCare Square”.

CentraCare Wound Center moved into approximately 4,158 square feet of CentraCare Square.

February 9

Jim Schleper joined as COO

Jim Schleper joined as COO

Jim Schleper joined as COO with real estate development, commercial financing,
property management and maintenance management experience.

March 28

Completed Building Left Empty

As a result of the market crash, the only tenant of the 2035 Building defaulted on their lease and departed, leaving the building empty for approximately one (1) year. Through the strength of our network and perseverance for success, we were later able to procure a long-lasting, strong tenant allowing us to overcome this difficult time in the economy.

February 9

2035 Building Opens

In February, SJA Architects moved into 2035 Building as main tenant with redevelopment and construction of the site complete.

February 9

Re-construction of 2035 Building

Re-construction of 2035 Building

In August, Boser Construction began destruction of current SJA Architects offices and started
re-construction of the 2035 Building.
The 2035 Building would consist of 24,698 square feet and would be a modern, state of the art
redevelopment building.

February 9

Proposed redevelopment of 2035 Building

In May, SJA Architects approached Douglas J. Boser with intentions to redevelop an existing
bank building located in St. Cloud, MN referred to as the “2035 Building.”

February 9

Sartell Land Sold

Construction Land Development, LLC sold the 6 ½ acre industrial property in Sartell, MN.

February 9

Quad Properties, Inc Sold

Douglas J. Boser sold the holdings of Quad Properties, Inc.

February 9

Sartell Land Purchase

Construction Land Development purchased a 6 ½ acre industrial property in Sartell, MN for
speculative development projects.

February 9

Construction Land Development, LLC

Construction Land Development, LLC

Douglas J. Boser formed Construction Land Development, LLC to purchase raw property and
hold short-term development projects.

February 9

Quad Properties, Inc

Quad Properties Inc

Douglas J. Boser purchased his first four (4) student housing properties and named the
endeavor “Quad Properties, Inc.”