5.0. 6.0. 7.0. 8.0. EDSR 05-10-1999

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CLIENT PROFILES Super Valu Super Valu, a publicly held company, is one of the largest grocery product distributors in the country. In 1998/99 Super Valu constructed a 550,000 sf warehouse/distribution center near its corporate headquarters in Hopkins, MN. Super Valu retained Pelstring Capital to negotiate local tax increment assistance for this project, as well as future phases of a potential $40M to 50M redevelopment project. Future phases are anticipated to include additional office space, dry storage and cold storage distribution space. Excelsior Henderson Originally founded in 1876, Excelsior Henderson was one of the "Big Three" American motorcycle manufacturers and a fierce competitor until 1931. In • 1993, brothers David and Daniel Hanlon bought the rights to this company and established a new motorcycle company that will produce an American made, premium valued, high quality motorcycle. Excelsior Henderson forecasts 4.5% marketshare and revenues of$250 million within the next five years. Excelsior Henderson retained the services of Pelstring Capital in order to secure a site location and financing package. Pelstring Capital conducted a 12 state site search and secured financing totaling $10 million with the City of Belle Plaine and the State of Minnesota. The company will create approximately 500 jobs over the next five years. HOM Furniture HOM Furniture sought Pelstring Capital's assistance in site location and structuring a $8.5M consolidation of the company's warehouse and distribution center into a new 220,000 sf facility in Coon Rapids, MN. The new facility includes the company's corporate office, a 45,000 sf retail store. Overall, over • 200 people work out of this location.