Christiana Executivecampus

Christiana ExecutiveCampus

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240 LOCAL MARKET EXPERT: Neal Dangello, MCR Senior Managing Director 302-655-2082 [email protected] fin

Executive Summary02

CONTENTS Property Overviews08

Area Overview30 Christiana ExecutiveCampus Executive Summary • The Churchman’s Crossing SEPTA Regional Rail Station is less than one mile from the Properties, providing direct and convenient 2 access into the Philadelphia CBD, as well as the entirety of the Mid-Atlantic region.

CHURCHMAN’S CROSSING STATION

CAMPUS 4

CENTER POINT PLAZA

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131 111 EXIT 4 240

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• 2 Marketing Overview • Executive Summary 3 • 4 Marketing Overview Green Initiatives at Christiana • All the roofs are white-reflective and energy conserving • Light fixtures are energy efficient deep cell parabolic fixtures with T8 lamps and T8 ballasts. Occupancy sensor technology where appropriate in the offices and restroom areas. • Cleaning products are Green seal certified • Entire landscaping program has been converted to a fully organic landscape • The roof of 121 Continental Drive features 456 solar panels, which were installed in 2011

• Executive Summary 5 PROPERTY UPGRADES - COMING SOON

Lobby Improvements

WALL COVERING

SOFFIT PAINT COLOR

WALL PAINT COLOR

WALL SCONCE

CORRIDOR CARPET

LOBBY CARPET

• 6 Marketing Overview Restroom Improvements

NEED TO REPLACE WITH NEW RENDERING AND OTHER IMAGES IF WE HAVE

• Executive Summary 7 Christiana ExecutiveCampus Property Overview SITE PLAN

240 Continental Drive

220 Continental Drive

E IV R D L TA 200 EN Continental Drive N TI 131 N O Continental Drive C 121 Continental Drive Continental

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Continental Drive ROUTE 7 ROUTE

CHURCHMANS ROAD

• 10 Marketing Overview Property Descriptions

111 Continental Drive ADDRESS: 111 Continental Drive Newark, Delaware 19713

YEAR COMPLETED: 1990

ARCHITECT: Donald N. Coupard Associates

RENTABLE AREA: 85,404

NUMBER OF FLOORS: 4 TYPICAL FLOOR SIZES: 22,330 SF 111 ZONING CODE: C-3 General Business New zoning code: OR - Office Regional (higher density/scale office development)

PARKING: 305 parking spaces 3.64/1,000 SF parking ratio

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• Property Overviews 11 Property Description (continued)

121 Continental Drive ADDRESS: 121 Continental Drive Newark, Delaware 19713

YEAR COMPLETED: 2000

ARCHITECT: Highland Associates

RENTABLE AREA: 64,191 121 NUMBER OF FLOORS: 3

TYPICAL FLOOR SIZES: 19,044 SF

CORE FACTOR: 13.5%

ZONING CODE: OR - Office Regional

PARKING: 321 spaces - 4.93/1,000 SF parking ratio

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• 12 Marketing Overview Property Description (continued)

131 Continental Drive ADDRESS: 131 Continental Drive Newark, Delaware 19713

YEAR COMPLETED: 1998

ARCHITECT: Highland Associates

RENTABLE AREA: 85,177

NUMBER OF FLOORS: 4

TYPICAL FLOOR SIZES: 19,439 SF

CORE FACTOR: 13.5%

ZONING CODE: OR - Office Regional

PARKING: 348 spaces - 4.17/1,000 SF parking ratio 131

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• Property Overviews 13 Property Description (continued)

200 Continental Drive ADDRESS: 200 Continental Drive Newark, Delaware 19713

YEAR COMPLETED: 1986

ARCHITECT: The Kling Partnership

RENTABLE AREA: 86,430

NUMBER OF FLOORS: 4

TYPICAL FLOOR SIZES: 19,624 SF

CORE FACTOR: 12% 200 ZONING CODE: C-3 General Business New zoning code: OR - Office Regional

PARKING: 312 parking spaces 3.63/1,000 SF parking ratio

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• 14 Marketing Overview Property Description (continued)

220 Continental Drive ADDRESS: 220 Continental Drive Newark, Delaware 19713

YEAR COMPLETED: 1988

ARCHITECT: The Kling Partnership

RENTABLE AREA: 86,756

NUMBER OF FLOORS: 4

TYPICAL FLOOR SIZES: 19,772 SF

CORE FACTOR: 12%

ZONING CODE: C-3 General Business New zoning code: OR - Office Regional

PARKING: 309 parking spaces 220 3.59/1,000 SF parking ratio

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• Property Overviews 15 Property Description (continued)

240 Continental Drive ADDRESS: 240 Continental Drive Newark, Delaware 19713

YEAR COMPLETED: 1989

ARCHITECT: Donald N. Coupard Associates

RENTABLE AREA: 40,754

NUMBER OF FLOORS: 2

TYPICAL FLOOR SIZES: 19,431 SF

CORE FACTOR: 12.6%

ZONING CODE: C-3 General Business New zoning code: OR - Office Regional

PARKING: 150 parking spaces 3.68/1,000 SF parking ratio

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• 16 Marketing Overview 1

CHRISTIANA MALL

EXIT 164

EXIT 95 95 4

EXIT 165

7 220 240 200

131 58 121 111

• Property Overviews 17 111 CONTINENTAL DRIVE

4th floor

3rd floor

2nd floor

1st floor

• 18 Confidential Offering Memorandum 111 CONTINENTAL DRIVE

Floor Plans

1st 2nd floor floor

3rd 4th floor floor

Availabilities Summary Suite Status Area (SF) Contiguous Space Available Occupied 1 211 Vacant 2,860 Becoming Available Contiguous Space 2 309 Vacant 2,291 Total Vacant SF 5,151

• Property Overviews 19 121 CONTINENTAL DRIVE

3rd floor

2nd floor

1st floor

• 20 Marketing Overview 121 CONTINENTAL DRIVE - FULLY LEASED

Floor Plans

1st 2nd floor floor

3rd floor

• Property Overviews 21 131 CONTINENTAL DRIVE

5 4th floor

3rd floor

4 2nd floor 3 2 1

1st floor

• 22 Marketing Overview 131 CONTINENTAL DRIVE

Floor Plans

4 1st 2nd floor floor 3

1 2

3rd 4th floor floor

Availabilities Summary Suite Status Area (SF) Contiguous Available Occupied 1 110 VACANT 511 Becoming Available Contiguous Space 2 202 Becoming Available (12/1/19) 4,987 6,852 SF (Suites 202 + 203) 3 203 Becoming Available (8/1/19) 1,865 6,852 SF (Suites 202 + 203) 4 207 VACANT 1,342 5 406 VACANT 1,276 Total Vacant SF 9,981

• Property Overviews 23 200 CONTINENTAL DRIVE

4th floor

3rd floor

2nd floor 2

1st floor 1

• 24 Marketing Overview 200 CONTINENTAL DRIVE

Floor Plans

1 2 1st 2nd floor floor

3rd 4th floor floor

Availabilities Summary Suite Status Area (SF) Available Occupied 1 109 VACANT 1,628 Becoming Available Contiguous Space 2 203 VACANT 870 Total Vacant SF 2,798

• Property Overviews 25 220 CONTINENTAL DRIVE

4th floor

3rd floor

2nd floor

1st 1 floor

• 26 Marketing Overview 220 CONTINENTAL DRIVE

Floor Plans

1 2 1st 2nd floor floor

3rd 4th floor floor

Availabilities Summary Suite Status Area (SF) Available Occupied 1 101 VACANT 5,093 Becoming Available Contiguous Space 2 213 VACANT 838 2 402 VACANT 2,769 Total Vacant SF 8,700

• Property Overviews 27 240 CONTINENTAL DRIVE

2nd floor

1st floor 1 2

• 28 Marketing Overview 29

• Property OverviewsProperty

S Contiguous Space Contiguous Occupied 2nd floor Available Becoming Available Expiration 3,697 15,249 18,946 Area (SF) 1 2

S VACANT VACANT Total Vacant SF Status 100 106 Suite

2 1 1st floor Availabilities SummaryAvailabilities

Floor Plans 240 CONTINENTAL DRIVE CONTINENTAL 240 Christiana ExecutiveCampus Area Overview Greater Philadelphia Area Overview Greater Philadelphia, the nation’s fifth largest metropolitan area, is situated in the MARKET AT A GLANCE heart of the Northeast Corridor and is the keystone of major north-south, east-west • Lower cost of living than the other major northeast metros including New York, Boston, highway and rail networks. More than 100 Washington D.C. and Baltimore million people are within a one day drive of • Population – 6.4 million (5th among large U.S. metros) Philadelphia. The Greater Philadelphia market • Employment – 3.0 million (6th among large U.S. metros) area spans thirteen counties in Southeastern Pennsylvania, Southern New Jersey and • Personal Income - $337 billion ( 5th among large U.S. metros) Northern Delaware. • Philadelphia’s Amtrak station is the 3rd busiest in the country • Three major shipping ports served by one of the few regions with Class 1 railroads Philadelphia boasts strong economic • Average of 125 cultural events take place every day fundamentals. The Philadelphia Region • 13 companies on the Fortune 500 list with their headquarters (HQs) in the region; 30 on the ranks seventh in terms of gross metropolitan Fortune 1000 list have their HQs here product, fifth in terms of personal income and is the nation’s fourth largest media market. The strength and desirability of Greater Philadelphia is characterized by its economic diversity and population density. Its location, high concentration of educational, medical and government facilities, and a strong transportation network underscore these strengths. Residents of the Philadelphia area have always enjoyed a quality of life ranked among the highest in the country. In addition to the numerous and growing number of high quality urban housing opportunities, there are abundant desirable suburban communities that are easily accessible by one of the country’s best highway and mass transit systems.

• 32 Marketing Overview 81 MERCER LEBANON 222 322 476 202 95 Harrisburg 76 MONTGOMERY BUCKS PENNA BERKS 422 TURN- PENNA 76 PIKE TURN- PIKE Trenton 81 PENNA 276 83 TURN- PIKE

CUMBERLAND 15 322 95 30 76 30 1 30 476 PHILADELPHIA ADAMS LANCASTER 30 CHESTER DELAWARE Philadelphia 295 BURLINGTON 30 322 YORK 206 83 95 202 222 295 1 30 Wilmington CAMDEN

Christiana 322 ExecutiveCampus HARFORD GLOUCESTER 15 95 CARROLL 1 SALEM 30 40 83 CECIL NEW 1 1 CASTLE FREDERICK BALTIMORE ATLANTIC

795 695 95 13 40 CUMBERLAND • Area Overview 33 70 KENT Baltimore

270 HOWARD 301 695 1 CAPE MAY MONTGOMERY Dover ANNE 9 95 KENT ARUNDEL QUEEN ANNE'S 1 97 301 495 29 50 PRINCE 50 Annapolis 50 FAIRFAX GEORGE'S CAROLINE Washington D.C. 50 66 1 495 FALLS 301 CHURCH ALEXANDRIA MANASSAS 95 TALBOT 9 PARK SUSSEX 13 PRINCE WILLIAM 301

95 CALVERT CHARLES 50 TRANSPORTATION INFRASTRUCTURE & ACCESS

• 100 million people are within a one-day drive • Served by 29 airlines with 621 nonstop flights to 123 cities, including more than 59 nonstop flights to 37 international destinations • New York City and Washington D.C. are within a 2.5 hour drive; high-speed Amtrak Acela and Metroliner service to both • Philadelphia is the 3rd busiest Amtrak station in the U.S. • 3 Class 1 railroads — Canadian Pacific, CSX, and Norfolk Southern provide direct service to the Port of Philadelphia • The Delaware River Port Complex comprised of active, full-service marine terminals in Delaware, New Jersey and LABOR POOL Pennsylvania, is an active conduit for international trade and With a labor force of approximately 3 million people, there is comprises three major ports with full-service docking facilities an abundant supply of skilled workers available in virtually all • Fortune 1000 list have their HQs here occupations. • Highest award rate for 1st professional degrees • 35% of the population 25 years and older have a bachelor’s degree or higher; compared to the U.S. average of 28% • 13% of the population 25 years and older have advanced degrees, well above the U.S. average of 10% • Greater Philadelphia is the 7th largest labor force among the nation’s largest metro areas as of November 2014 • Over 1.15 million workers worked in Knowledge Occupations as defined by the Economic Development Administration (EDA), comprising 40.6% of total employment • $127,000 Gross Regional Product per worker demonstrated Greater Philadelphia’s high level of productivity versus the $117,000 national average in 2013

• 34 Marketing Overview Christiana(Newark, DE) Executive Campus DEMOGRAPHICS Population 1 Mile 3 Mile 5 Mile 2015 Total Population 2,575 75,494 217,890 Households 2015 Total Households 1,066 29,055 80,070 2015 Avg Household Income $69,771 $72,109 $74,981 Total Businesses 1,477 4,429 10,268 Total Employees 34,572 68,374 136,145 Total Specified Average Household Spending $23,955 $26,150 $27,177

NEW CASTLE COUNTY Overview New Castle County, Delaware is bordered by Pennsylvania to the north, the Delaware River to the east, Kent County to the south, and Maryland to the west. While part of the Philadelphia, Pennsylvania combined metropolitan statistical area (MSA), New Castle County is a major employment center with a diverse economy all of its own. With its strategic location in the Mid-Atlantic, New Castle County offers easy access to the region’s major metropolitan centers, including New York, Philadelphia, Wilmington, Baltimore, and Washington, DC. The Wilmington/New Castle area is located at the center of the most prosperous, densely populated megalopolis in America. More than 25% of the US population lives within a 300 mile radius. As of the 2010 Census, the population of the county was up 7.6% at 538,779 and it continues to grow.

• Area Overview 35 ECONOMY The Wilmington region has one of the most diverse economies in the nation. Sectors such as Education and Health Services, Professional and Business Services, Financial Activities and Information require highly educated and skilled workers.

Company Sector # of DE Employees State of Delaware Government 17,000 DowDuPont Agriculture/Specialty Products 13,500 Christiana Care Health System* Health Care 10,500 Dover Air Force Base Government 6,400 Mountaire Farms Agriculture 4,600 AstraZeneca Pharmaceuticals LP Science/Health Care 3,550 Bayhealth System Health Care 3,200 Nemours (Alfred I DuPont Hospital) Health Care 3,000 Perdue Farms Inc. Agriculture 2,900 M&T Bank Finance 2,672 Beebe Healthcare Health Care 2,000 New Castle County Government Government 1,500 Red Clay Consolidated School District Education 1,500 Delmarva Power Utility 1,400 University of Delaware Education 1,304 Indian River School District Education 1,244 CAI Technology 1,200 Saint Francis Healthcare Health Care 1,000

*located next to Christiana Executive Campus Source: 2015 Book of Lists

• 36 Marketing Overview Economy (continued) Delaware has arguably the most comprehensive incorporation services of any state. More than half a million business entities have their legal name in Delaware, including more than 50% of all Fortune 500 companies. Businesses choose Delaware because of the progressive services the state makes available to businesses, including modern and flexible corporate laws, the highly respected Court of Chancery, business-friendly State Government, and the customer service-oriented staff of the Delaware Division of Corporations.

Thousands of businesses have offices in the county, ranging from single person firms to some of the largest companies in their respective industry. New Castle County’s employers include an array of banks and financial service companies, plus chemical, pharmaceutical and technology firms. Some of the largest employers include: Bank of America, Christiana Care Health, AstraZeneca, University of Delaware, J.P. Morgan Chase & Co., Citicorp, Wilmington Trust Education and Health Services Company, Verizon of Delaware, Inc., PNC Bank, New Castle County provides proximity to executive homes and a highly educated employee Household International, and Valero. population base. As of the 2010 Census, 32.1% of the county population age 25+ had achieved a Bachelor’s Degree or higher. Companies have taken advantage of this highly The abundance of white collar jobs has boosted skilled workforce by brining jobs to the county. After peaking at 9.4% near the beginning of median household income in the area, projected to 2010, the unemployment rate in New Castle County has declined to 4.3%. This decrease in increase from $63,890 in 2015 to $73,034 in 2017. unemployment has partially been due to the consistent growth of the Education and Health Average household income is even higher, expected to Services sectors of the local economy. This industry in particular has enjoyed a consistent rise from $83,756 in 2015 to $90,349 in 2017. annual growth rate of 3.25% over the last decade in Delaware, as the number of jobs has increased from 42,400 in 2003 to 70,600 currently. Jobs in health care currently represent 14% of the total job market and the industry shows little sign of slowing growth.

• Area Overview 37 Age/Racial Demographics In New Castle County the age of the population was spread out with 26.4% under the age of 19, 7.1% from 20 to 24, 27% from 25 to 44, 27.3% from 45 to 64, and 12.2% who were 65 years or older. The median age was 37 years. The racial makeup of the county was 59.5% white, 24.9% black, 9.4% Hispanic or Latino, 5.2% Asian, and 1% other. Transportation 1 New Castle County’s strategic location along the eastern seaboard helps 273 to drive economic activity in the region.

• HIGHWAYS: Interstates 95, 295, and 495 all pass through New Castle County, connecting the state and county to major metropolises

such as New York, Washington, D.C., Philadelphia, Baltimore, and EXIT 164 Wilmington.

• PUBLIC TRANSPORTATION: The Delaware Transit Corporation provides bus transportation, while SEPTA and Amtrak handle 95 passenger rail service. EXIT 4 The Churchman’s Crossing SEPTA Regional Rail Station is less than one mile from the Properties, providing direct and convenient access into the Philadelphia CBD, as well as the entirety of the Mid-Atlantic region.

• NEARBY AIRPORTS: New Castle County Airport (10 miles), Philadelphia 95 International Airport (34 miles), Baltimore-Washington International Airport (67 miles), Atlantic City International Airport (86 miles), Ronald EXIT Reagan Washington National Airport (100 miles). 165

• FREIGHT RAIL: CSXT, NS

Port of Wilmington is a full-service deep-water port and marine terminal 7 that handles about five million tons of imports/exports each year. It has been ranked as the top North American port for fruit

• 38 Marketing Overview 1 273

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• Area Overview 39 Carousel Farm Park Pke U T p S h 72 Creek p kyline Dr Boxwood Rd Hopkins Rd o e m r p Fo ae P x D i s k o en ill Rd C n d Rd H e Powell Ford S Maryland Ave S den r ta R in S 7 e l L C t Limestone Rd e ti il Park 141 White Clay k o w r Ja e e l Banning R n M m d Louviers r N e Kirkwoodr Hwy Creek Milltown Rd e k T Park p e a l Country Club P R s 4 State Park All Saints o d t C i h 4 W Newport Pike od Cemetery p u o a rc w Pike Cree C h e d k Rd Upp Old R g R e d Old h r Newr d Co ac Pleasant e W W Hills 202 h Glenville it e Park Park Polly Drummond Hill Rd C vd l l a 72 k B N y Possum Park Rd ar ew C P r e e r L e a o k aw Delaware n 2 el d D Park o n 896 Kirkwood Hwy Christina River Coverdale White Clay Creek Park Paper Mill Rd Harmony Brook Country Club Park University of Harmony Rd C hu Mar Windy Mill Park rc Delaware Newark Delaware-Laird hm Park an Technical College 5 Country Club Ruthar Dr s Rd 202 Christiana d Basin Rd velan Ave Rd 340 273 W Main St E Cle Hospital 37 E Main St 273 58 N Dupont Hwy E Delaware Ave 4 Cavaliers Barksdale Rd Newark Country Club New Castle Casho Mill Rd Wilmington Christiana County Airport New Churchmans Rd University Mall Christiana 37 Elkton Rd 72 896 ExecutiveCampus Marrows Rd 40 Phillips 141 Park Ch 7 2 ris 301 University of Christina Pkwy ti S College Ave Ch Rd a apman n 1 Airport Rd Delaware Brke a Frenchtown Rd E Chrysler R d Lewden Greene 273 Industrial Center Park Christiana Rd New 273 4 S Chapel St Cae Appleby Rd S Dupont Hwy 5 Llangollen Park

W Chestnut Hill Rd Salem Church Rd Pulaski Hwy E Main St

5 Old Baltimore Pike 7 Walther Rd River Rd Welsh Tract Rd Iron Hill Park

Salem Church Rd 13 72 Reybold Rd Delaware Federal School Ln Bay S 1 u Old Baltimore Pike n 40 P s e le 301 S College Ave t a L s a a k S Dupont Hwy n 896 e t Church Rd R V Bear d a • Hamburg Rd l Pulaski Hwy l 40 Marketing Overview e Gaw Bear Corbitt Rd y

Carousel Farm Park Pke U T p S h 72 Creek p kyline Dr Boxwood Rd Hopkins Rd o e m r p Fo ae P x D i s k o en ill Rd C n d Rd H e Powell Ford S Maryland Ave S den r ta R in S 7 e l L C t Limestone Rd e ti il Park 141 White Clay k o w r Ja e e l Banning R n M m d Louviers r N e Kirkwoodr Hwy Creek Milltown Rd e k T Park p e a l Country Club P R s 4 State Park All Saints o d t C i h 4 W Newport Pike od Cemetery p u o a rc w Pike Cree C h e d k Rd Upp Old R g R e d Old h r Newr d Co ac Pleasant NEWARK e W W Hills 202 h Glenville it Park Superior Area Amenities e Park Newark has a total area of 8.9 square miles. It is located directly east of the Maryland state Polly Drummond Hill Rd C vd l l a 72 k B N y Possum Park Rd ar line, adjacent to the unincorporated community of Fair Hill, and is less than a mile south of ew C P r e Delaware is ranked among the country’s leaders e r L e a o k law Delaware the tri-point where Delaware, Maryland, and Pennsylvania meet, known as the Twelve-Mile n 2 e in a number of key quality-of-life indicators. d D Park o n Circle. Situated in northern Delaware just 14 miles from Wilmington, Newark’s population 896 Kirkwood Hwy Christina River The state is known for its focus on world-class Coverdale White Clay Creek of 31,454 increases by 18,000 when the University of Delaware opens its doors for another Park Paper Mill Rd Harmony Brook Country Club education and job creation, tax-free shopping, academic year. The university offers programs in a broad range of subjects, though it is best Park and a variety of leisure-time options. Easy access University of Harmony Rd C hu Mar known for its business, science, and engineering programs. These programs draw strength Windy Mill Park rc Delaware to New York City, Philadelphia, Baltimore, and Newark Delaware-Laird hm Park an Technical College 5 Country Club Ruthar Dr s Rd 202 from the presence of some of the nation’s premier chemical and pharmaceutical companies Christiana Washington, D.C. provide local residents with a d Basin Rd n Rd 340 levela Ave located in the state of Delaware. The university is also a cultural, educational, and economic 273 W Main St E C Hospital 37 variety of options for cultural tourism, though asset that infuses vitality into the community through renowned educators, brilliant students, E Main St 273 58 Delaware has its own pristine and protected state 4 N Dupont Hwy E Delaware Ave retail revenue, and first-rate performing arts venues. Newark has managed to balance Cavaliers parks, attracting thousands of visitors each year. Barksdale Rd Newark Country Club New Castle its residential, educational, commercial, and industrial sectors, adding major distribution Casho Mill Rd Wilmington New Castle County is also home to the Delaware Christiana County Airport New Churchmans Rd University centers and corporate headquarters to its tax base. Even the colorful Main Street corridor is Mall Technology Park, a leading East Cost non-profit 37 Elkton Rd 72 undergoing a flurry of new construction and revitalization. 896 research park that provides development-stage Marrows Rd 40 141 Phillips life science, information technology, advanced Park Ch 7 2 ri st 301 University of Christina Pkwy i materials, and renewable energy companies with S College Ave Ch Rd a apman n 1 Airport Rd Delaware Brke a Frenchtown Rd E Chrysler R investment and resources in order to accelerate d Lewden Greene 273 Industrial Center Park Christiana Rd New their growth and success. 273 4 S Chapel St Cae Appleby Rd The southern quadrant of Newark has grown S Dupont Hwy 5 rapidly in recent years, spawning new areas like Llangollen Churchman’s Crossing with its mix of shopping, Park healthcare, dining, entertainment, and business W Chestnut Hill Rd Salem Church Rd Pulaski Hwy E Main St centers. Older neighborhoods are popular for their charm and ambiance, blending bungalows 5 Old Baltimore Pike 7 Walther Rd River Rd and ranches with colonials and Tudors. Among Welsh Tract Rd Iron Hill the new developments are homesites along gently Park rolling hills, communities that feature superb Salem Church Rd 13 recreational amenities, or those with spacious lots 72 Reybold Rd Delaware Federal School Ln Bay that border White Clay State Park. S 1 u Old Baltimore Pike n 40 P s e le 301 S College Ave t a L s a a k S Dupont Hwy n 896 e t Church Rd R V Bear d a Hamburg Rd • l Pulaski Hwy l Area Overview 41 e Gaw Bear Corbitt Rd y

AMENITIES AND TRANSPORTATION/INFRASTRUCTURE

The Properties are located less than one mile from I-95 North, allowing for immediate access to the following critical locations: Local Amenities Tenants have a multitude of restaurants within 1 mile of Christiana Executive Campus, including: Drivetimes Philadelphia International Airport 27 minutes • Applebee’s • Red Lobster • Potstickers Asian • Brasserie Grille • Jimmy John’s Grill Center City Philadelphia 40 minutes • Michael’s • Quiznos • Firebirds Wood Wilmington 13 minutes Fired Grill Restaurant • Olive Garden New York City < 2 hours

Access to Amtrak rail transportation is located 7.6 Christiana Mall is 1.5 miles away (just a 3 minute drive) and is considered miles away at the Amtrak Station in Wilmington. the finest mall in Delaware. Retailers at Christiana Mall include: Major northeast cities (Boston, New York, Baltimore, • Macy’s • Urban Outfitters • Chic-Fil-A Washington, D.C.) can be easily accessed by train from • Nordstrom • The Cheesecake • Chipotle Factory the station as well as cities to the west of Delaware • Target • McDonald’s • Apple • California Pizza • Saladworks (Cincinnati, Indianapolis, Chicago) and to the south Kitchen • Cinemark Christiana • Sbarro (Raleigh, Charlotte, Atlanta, Orlando, Miami). SEPTA also and XD • J.B. Dawson’s Restaurant and Bar • Noodles & Company offers public transportation to and from Philadelphia at • H&M • Panera • JC Penney the nearby Churchman’s Crossing Regional Rail station, under a mile from the Properties, via the Wilmington/ Newark Line. Hotels in the nearby area: • Hilton Wilmington • This hotel is conveniently located on the Christiana Executive Campus. The hotel offers 266 guest rooms, 9,000 SF of meeting space, and a DART Service restaurant. Amenities include: The Hunt Club Bar and Patio, elegant DART service is available to the Christiana Executive courtyard, complimentary Wi-Fi, business center, 24 hour fitness center, outdoor pool and Jacuzzi, and room service. Campus. DART Route 33 bus stop at Continental Drive • Hampton Inn (.1 miles) and the Hilton Wilmington-Christiana has 6 stops/day: • Days Inn (.2 miles) 7.:41 A.M. 8:02 A.M. 8:47 A.M. • Courtyard Wilmington (.4 miles) 4:47 P.M. 5:04 P.M. 5:47 P.M. • Holiday Inn Express (2 miles) • Sheraton Wilmington (3.3 miles) DART service includes inbound/outbound service to • Extended Stay America (in the park) SEPTA Regional Rail @ Fairplay Station.

• 42 Marketing Overview Christiana Hospital Campus Located only 1 mile away from its administrative offices at Christiana Executive Campus is Christiana Hospital. A 913-bed, 1.3-million-square-foot, modern facility in Newark, Delaware, Christiana Hospital provides a level of care only available in large-scale teaching hospitals. Christiana Hospital includes Delaware’s only Level I trauma center, which is prepared to handle the most extreme medical emergencies. In fact, it is the only Level I trauma center on the East Coast corridor between Baltimore and Philadelphia.

Christiana Hospital is also the only high risk delivering hospital in Delaware offering Level III neonatal intensive care. More than 7,200 babies are born at Christiana Hospital each year.

More than 1,400 physicians and surgeons are active members of Christiana Care’s Medical-Dental staff, and more than one in 10 of them have located at least part of their practices on the Christiana Hospital campus in two Medical Arts Pavilions adjoining the main hospital.

The Christiana Hospital campus also includes the Helen F. Graham Cancer Center. This National Cancer Institute selected Community Cancer Center features advanced medical, surgical and radiation procedures and diagnostic services. The cancer research program includes the Center for Translational Research, a collaborative program with the University of Delaware. The Helen F. Graham Cancer Center also includes the Christiana Care Breast Center, an outpatient facility that features the state’s only dedicated breast MRI.

The Center for Heart & Vascular Health in the Bank of America Pavilion at Christiana Hospital offers the latest advances in cardiology and cardiovascular surgery, cardiac rehabilitation and preventive medicine.

Adjacent to the Center for Heart & Vascular Health is the John H. Ammon Medical Education Center, which houses 13 classrooms, a 240-seat auditorium equipped with audio-visual and video-conferencing technology, a 7,000-square-foot medical library and a high-tech physician simulation lab that allows doctors and residents to train in a realistic, simulated hospital setting.

• Area Overview 43 Hilton Wilmington-Christiana The 266-room Hilton Wilmington-Christiana, which is just steps away from the Christiana Executive Campus, has just completed a $7 million renovation and “re-imagination” on guest rooms, a new dining area, bar and reception desk. It has also renovated and rebranded the fourth floor as “The Club on 4.” It includes experience based elements that focus on culinary demonstrations, craft cocktails and acoustical music.

The new catering space positions the hotel to offer the market’s best atmosphere, culinary expertise and hospitality available. The emphasis will be on fresh and creative cuisine. Fresh herbs will be grown and harvested on the hotel property, with the goal of the hotel becoming a dining destination.

The newly renovated Hilton is an environment that appeals to the most discriminating travelers and is the most sophisticated experience available in the market.

• 44 Marketing Overview • Area Overview 45 FOR FURTHER INFORMATION, PLEASE CONTACT:

LOCAL MARKET EXPERT: Neal Dangello, MCR Senior Managing Director 302-655-2082 [email protected]

800 Delaware Avenue, Suite 802 Wilmington, DE 19801 302.655.0600 ngkf.com

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.