Michael J. Lessel

Mr. Lessel has 37 years of experience in development, construction, brokerage and asset management. He was a managing director and senior official of Cushman Investment and
Development Corporation which provided the master planning and predevelopment and development services for many projects, including NBC Plaza in Burbank, CA, the Bausch & Lomb world headquarters in Rochester, NY and other projects. He currently is the operational director for all Serra Real Estate Capital development projects, with close to $100 million under current
development. He has represented The Walt Disney Company and PepsiCo and others in over 350 commercial transactions, including many confidential assignments. Mike was the primary and lead developer of the Taiwan High Speed Rail Corporation in reviewing development plans and financing considerations for all station area developments, excluding Taipei, for the THSRC. He also has provided significant consulting services to Fortune 100 companies and others with respect to real
estate strategies and operations in warehousing/distribution, office, retail, telecommunications and infrastructure development and repositioning. He served as a commissioned officer in the U.S. Army Corps of Engineers and spent three years in the White House as the senior military social aide to President and Mrs. Ronald Reagan. Mr. Lessel received a BS with dual concentration in engineering and economics from the U.S. Military Academy at West Point and an MBA from the Stanford University Graduate School of Business.