1. I n t e g r i t y - S e r v i c e - E x c e l l e n c e Air Force Real Property Agency Air Force BRAC Program Mr. Thomas B. Kempster Special Assistant

2. I n t e g r i t y - S e r v i c e - E x c e l l e n c e 2 AFRPA BRAC Portfolio Legacy BRAC BRAC 2005 87,380 acres - 81% done Dispose of property Associated environmental programs 5 minor closures/numerous lease terminations Dispose of property Associated environmental programs

3. I n t e g r i t y - S e r v i c e - E x c e l l e n c e 3 Legacy BRAC Major Program Elements Real EstateEnvironmental Dispose of property Manage property until disposal Interface with stakeholders Satisfy environmental requirements for disposal (i.e. NEPA and environmental condition of property) Environmental restoration Closure-related compliance

4. I n t e g r i t y - S e r v i c e - E x c e l l e n c e 4 Legacy BRAC Real Estate 70,633 – 81% 1,896 – 2% Not in reuse 1,137 – 1% Interim Lease 13,714 – 16% Deed/Transfer Long Term Lease 87,380 total acresDisposal Methods Public Benefit Conveyance Federal Transfer Economic Development Conveyance Negotiated Sale Public Sale Reversion Special Legislation Termination of Lease Conservation 31% 21% 29% 2% 5% 3% 6% New* 81% Complete 54,000 jobs created

5. I n t e g r i t y - S e r v i c e - E x c e l l e n c e 5 Where We Are Headed Transform to focus on unlocking value to the Air Force Centralized management with decentralized execution Regional execution centers with integrated project teams organized by major transaction type Management focused on administration, new business lines and special actions Supplement with external asset management expertise

6. I n t e g r i t y - S e r v i c e - E x c e l l e n c e 6 BRAC 2005 Properties AFRL Mesa, AZ 8 acres, 4 buildings, 98,000 SF Buckley Annex, CO 72 acres, 3 buildings, 630,000 SF Four Lakes Communications Site, WA 63 acres, 11 buildings, 68,000 SF General Mitchell ARS, WI 102 acres, 85 buildings, 295,000 SF Onizuka AFS, CA 20 acres, 27 buildings, 628,000 SF Total – 265 acres

7. I n t e g r i t y - S e r v i c e - E x c e l l e n c e 7 Questions?