Privacy Policy

Last Updated: November 6, 2026

PREP Property Group (“PREP,” “we,” “us,” or “our”) respects your privacy and is committed to responsible handling of personal information.

This Privacy Policy describes how information may be collected, used, disclosed, and protected when you visit www.preppg.com (the “Website”), communicate with us, or interact with our online services.

Our Website provides information about PREP Property Group, our real estate investments, properties, leasing opportunities, development activities, and related business operations.

We use Google Analytics and Microsoft Clarity to understand how visitors use the Website, evaluate its performance, and improve the visitor experience.

1. Information We Collect

We may collect information through three primary methods: information you voluntarily provide, information collected automatically through Website technologies, and information received through business communications.

Information You Provide

When you contact PREP by email, telephone, or through an inquiry form where available, we may collect information such as:

• Your name;
• Your email address;
• Your telephone number;
• Your company or organization;
• Your job title or professional role;
• Information concerning a property, leasing opportunity, acquisition, or investment inquiry;
• The contents of your message; and
• Other information you voluntarily provide.

We use this information to respond to inquiries, communicate about business opportunities, provide requested information, and maintain appropriate business records.

Information Collected Automatically

When you visit the Website, certain information may be collected automatically through our hosting infrastructure, cookies, analytics services, and similar technologies.

This may include:

• Internet Protocol (IP) address;
• Browser type and version;
• Device type and operating system;
• Approximate geographic location derived from technical information;
• Pages visited and navigation paths;
• Referring websites or traffic sources;
• Date, time, and duration of visits;
• Interactions with Website content;
• Browser and device identifiers;
• Information about Website errors and performance; and
• Cookie identifiers and similar online identifiers.

The information collected depends on your browser settings, applicable privacy preferences, and the technologies enabled during your visit.

2. How We Use Information

PREP may use information collected through the Website to:

• Respond to leasing, acquisition, investment, and general business inquiries;
• Communicate with prospective tenants, investors, vendors, and business partners;
• Provide information about properties and services;
• Evaluate Website traffic and visitor engagement;
• Understand how visitors navigate and interact with Website content;
• Improve Website design, accessibility, functionality, and performance;
• Diagnose technical issues;
• Maintain Website security and prevent misuse;
• Maintain appropriate business records;
• Comply with applicable legal obligations; and
• Establish, exercise, or defend legal rights.

We use Website analytics to evaluate and improve our online services, not to make automated decisions concerning visitors’ eligibility for leasing, employment, or investment opportunities.

3. Google Analytics

The Website uses Google Analytics, a website measurement service provided by Google LLC.

Google Analytics helps PREP understand how visitors discover and use the Website, including which pages are visited, how visitors navigate between pages, and how Website content performs.

Google Analytics may collect or process information such as:

• Pages visited and engagement events;
• Session duration and engagement measurements;
• General geographic information;
• Browser and device characteristics;
• Traffic sources and referring websites;
• Interactions with Website elements; and
• Cookies or other online identifiers.

Google Analytics may use first-party cookies, including cookies commonly identified as _ga and _ga_*, to distinguish browser instances and measure Website activity.

Google may process information according to its applicable service terms and privacy practices.

PREP uses Google Analytics to evaluate Website performance and improve our services. The presence of Google Analytics does not, by itself, mean that PREP uses Google Ads, advertising remarketing, or targeted advertising.

For more information about Google’s privacy practices, visit: https://policies.google.com/privacy

4. Microsoft Clarity

The Website uses Microsoft Clarity, a behavioral website analytics service provided by Microsoft.

Microsoft Clarity helps PREP understand how visitors interact with Website pages so that we can identify usability problems, improve navigation, and evaluate the effectiveness of Website content.

Microsoft Clarity may collect information about:

• Page visits and navigation;
• Mouse movements;
• Clicks and selections;
• Scrolling behavior;
• Interactions with Website elements;
• Device and browser characteristics;
• Website performance and usability; and
• Session-related identifiers.

Microsoft Clarity may generate heatmaps and session replays that visually represent how visitors interact with Website pages.

Session replays are reconstructions of Website interactions and are not recordings from a visitor’s camera or microphone.

Microsoft Clarity includes privacy controls designed to suppress or mask certain page content. However, the effectiveness of those controls depends in part on the Website’s configuration.

Visitors should avoid entering sensitive personal information into general Website inquiry fields unless necessary and appropriate.

Microsoft Clarity may use cookies or similar identifiers, including cookies commonly identified as _clck and _clsk, to support its measurement functionality.

Information processed through Microsoft Clarity is subject to Microsoft’s applicable privacy practices.

For additional information, visit: https://privacy.microsoft.com/privacystatement

5. Cookies and Similar Technologies

The Website uses cookies and similar technologies to support Website functionality, security, and analytics.

Cookies are small data files that websites may store on a visitor’s device. Similar technologies may include browser storage, scripts, pixels, and other online identifiers.

Depending on the Website’s configuration, these technologies may fall into the following categories.

Necessary Technologies

Technologies required for basic Website operation, security, and essential functionality.

Functional Technologies

Technologies that support optional Website features or remember visitor preferences.

Analytics Technologies

Technologies used to understand Website traffic, engagement, navigation, and usability.

These include Google Analytics and Microsoft Clarity.

Advertising Technologies

Technologies that may be used to measure advertising campaigns, build advertising audiences, or deliver targeted advertising.

The inclusion of this category does not mean that PREP currently uses advertising tracking technologies.

Managing Cookies

You may be able to manage optional cookies through the Website’s cookie consent or privacy preferences interface, where provided.

You can also configure your browser to block or delete cookies.

Disabling certain technologies may affect Website functionality or limit our ability to understand how the Website is used.

Where applicable law requires consent for nonessential analytics technologies, PREP will seek to obtain the required consent before enabling those technologies.

6. Analytics and Website Improvement

PREP uses information collected through Google Analytics and Microsoft Clarity to evaluate Website effectiveness and improve the visitor experience.

This may include reviewing:

• Popular pages and content;
• How visitors find the Website;
• Navigation and engagement patterns;
• Website usability issues;
• Technical errors and performance;
• Interactions with property information; and
• Opportunities to improve accessibility and conversion paths.

Analytics information may be evaluated in aggregated or statistical form.

However, analytics technologies may also process online identifiers and other information that qualifies as personal information under applicable privacy laws.

We do not assume that analytics information is anonymous merely because it does not directly contain a visitor’s name.

7. Property, Leasing, and Business Inquiries

The Website provides information about PREP’s real estate portfolio, leasing opportunities, acquisitions, development activities, and property management operations.

Visitors may communicate with PREP representatives regarding these matters.

Information provided through business inquiries may be used to:

• Respond to the inquiry;
• Evaluate leasing or acquisition opportunities;
• Connect the inquiry with the appropriate PREP representative;
• Communicate about properties or business opportunities;
• Maintain business correspondence; and
• Support related business operations.

Information provided directly to PREP through email or telephone may be retained as part of normal business records.

8. Investor Portal and External Services

The Website may provide links to external services, including an investor portal operated through AppFolio Investment Management.

When you follow a link to an external investor portal, you may leave the PREP Website and interact with a service operated by a third party.

That service may independently collect or process information, including account credentials, financial information, investor records, or transaction information, according to its own applicable terms and privacy practices.

This Privacy Policy primarily describes information processing associated with the PREP Website and does not replace the privacy policies of independently operated investor platforms.

Visitors should review the applicable privacy policies of external services before providing personal or financial information.

9. External Links and Embedded Content

The Website may contain links to third-party websites, including property websites, service providers, business partners, and other external resources.

Some Website features may also rely on third-party content or technical services.

When third-party content is loaded, the visitor’s browser may communicate directly with the provider’s servers and transmit technical information necessary to deliver the content.

An external link or third-party resource does not necessarily indicate behavioral tracking.

However, independently operated third-party websites and services may collect information or use cookies according to their own practices.

PREP does not control the privacy practices of external websites and encourages visitors to review their privacy policies.

10. How We Share Information

PREP may disclose personal information to service providers and business partners when reasonably necessary for Website operation or legitimate business purposes.

These may include:

• Website hosting and infrastructure providers;
• Website developers and maintenance providers;
• Google, in connection with Google Analytics;
• Microsoft, in connection with Microsoft Clarity;
• Email and communications providers;
• Information technology and security providers;
• Professional advisers;
• Property management and leasing service providers; and
• Other service providers supporting our business operations.

We may also disclose information when reasonably necessary to comply with applicable law, respond to legal process, investigate security incidents, protect rights or property, or establish or defend legal claims.

Information may also be transferred or disclosed in connection with a merger, acquisition, financing, reorganization, sale of assets, or similar business transaction, subject to applicable law.

11. Sale, Sharing, and Targeted Advertising

PREP does not represent its use of Google Analytics or Microsoft Clarity as the sale of personal information for monetary compensation.

However, certain privacy laws define terms such as sale, sharing, and targeted advertising more broadly than ordinary commercial usage.

Depending on how analytics providers process information, the Website’s configuration, and the applicable law, certain disclosures of online identifiers or browsing information may require additional privacy notices, consent, or opt-out mechanisms.

PREP will provide applicable privacy choices where required by law.

We do not use Website analytics to make automated decisions about an individual’s eligibility for employment, leasing, or investment opportunities.

12. Data Retention

We retain personal information for as long as reasonably necessary to fulfill the purposes described in this Privacy Policy.

Retention periods may vary depending on:

• The nature of the information;
• The purpose for which it was collected;
• The duration of business relationships;
• Applicable legal, regulatory, accounting, or reporting requirements;
• Security and fraud prevention needs; and
• The necessity of maintaining records or resolving disputes.

Google Analytics and Microsoft Clarity may maintain analytics information according to their respective service configurations, retention settings, and applicable policies.

PREP may retain business correspondence and inquiry records for periods reasonably necessary to support business operations and legal obligations.

13. Data Security

PREP uses reasonable administrative, technical, and organizational measures designed to protect personal information against unauthorized access, misuse, loss, alteration, or disclosure.

These measures may include Website security controls, access restrictions, maintenance procedures, and security practices implemented by our service providers.

However, no Website, electronic communication, or data storage system can be guaranteed to be completely secure.

We cannot guarantee the absolute security of information transmitted to or maintained by PREP or its service providers.

14. Your Privacy Rights

Depending on your place of residence and applicable law, you may have certain rights concerning personal information.

These may include the right to:

• Request access to personal information;
• Request correction of inaccurate information;
• Request deletion of certain information;
• Request a portable copy of certain information;
• Opt out of certain forms of sale, sharing, or targeted advertising;
• Withdraw consent where processing is based on consent; and
• Exercise other rights provided by applicable privacy laws.

These rights are subject to applicable legal requirements, exceptions, and verification procedures.

We may request information reasonably necessary to verify your identity before processing certain requests.

Where required by law, PREP will not discriminate against individuals for exercising applicable privacy rights.

15. California and Other U.S. State Privacy Rights

Residents of certain U.S. states may have additional rights under comprehensive consumer privacy laws.

Depending on whether PREP is subject to a particular law, these rights may include access, correction, deletion, data portability, and opt-out rights concerning certain forms of personal information processing.

Some laws may classify certain analytics-related disclosures as sales, sharing, or targeted advertising depending on the circumstances.

PREP will provide applicable notices and privacy controls where legally required.

The applicability of particular state privacy laws depends on factors including the organization’s activities, applicable jurisdiction, revenue, and the amount or type of personal information processed.

16. Browser Privacy Signals and Do Not Track

Some browsers and privacy tools provide Do Not Track settings or other privacy preference signals.

Not all browser privacy signals have the same technical or legal effect.

Where applicable law requires recognition of a valid opt-out preference signal, PREP will process that signal as required.

Visitors may also manage available cookie preferences through Website privacy controls, where provided, and through their browser settings.

17. Children’s Privacy

The Website is intended primarily for individuals seeking information about commercial real estate, leasing, investment, development, and related business activities.

It is not directed to children.

PREP does not knowingly solicit personal information from children through the Website in violation of applicable law.

If we learn that personal information has been collected from a child in circumstances requiring parental consent and that consent has not been obtained, we will take reasonable steps to address the information as required by law.

18. International Visitors

The Website is operated in connection with PREP’s business activities in the United States.

If you access the Website from outside the United States, information collected through the Website may be processed or stored in the United States or other locations where our service providers operate.

Privacy and data protection laws may differ between jurisdictions.

Where applicable, we will take measures required by law in connection with international personal information processing.

19. Changes to This Privacy Policy

PREP may update this Privacy Policy periodically to reflect changes in Website functionality, analytics technologies, business practices, service providers, or applicable legal requirements.

When changes are made, we will update the “Last Updated” date at the beginning of this Privacy Policy.

If we introduce materially different tracking or information-processing practices, we will update the policy and implement appropriate privacy controls where required.

We encourage visitors to review this Privacy Policy periodically.

20. Contact Us

If you have questions about this Privacy Policy, our information practices, or your applicable privacy rights, please contact:

PREP Property Group

Cincinnati Office
5905 E. Galbraith Road
Suite 1000
Cincinnati, OH 45236

Park City Office
2750 Rasmussen Road
Suite 202
Park City, UT 84098-5597

General Telephone: (844) 877-4153

Leasing Inquiries: leasing@preppg.com

Net Lease Inquiries: netleaseinquiries@preppg.com

Website: https://www.preppg.com/

For privacy-specific requests, please indicate that your communication concerns a privacy inquiry so it can be directed to the appropriate representative.