schuylkillyards.com

BY BRANDYWINE REALTY TRUST The Vision

Schuylkill Yards transforms 14 acres adjacent to Philadelphia’s 30th Street Station, replacing parking lots with a vibrant 6.9 million SF neighborhood of parks, lifestyle experiences, and workspaces intentionally designed for productivity and wellbeing. Building upon our country’s historic values of invention, equity, entrepreneurship and courage, Schuylkill Yards introduces the next chapter for Philadelphia. Here, we are connecting people and communities, uniting bold brands with driven, entrepreneurial minded talent. Our vision is executed by the world’s best architects, engineers, planners and designers, and guided by an intentional, inclusive approach. Now, a new place is rising between Center City and University City—inspiring us to continue building the powerful legacy of Philadelphia.

SF of4.8M Work Spaces SF of1.9M Living Spaces SF of Retail132K Experiences 6.5of Greenspace Acres The NEW HEART of America’s First Great City Your New Neighbors

Our Neighborhood is Brilliant

This is where talent flocks to and people set down roots after graduation. Anchored by several of the nation’s most acclaimed educational and medical institutions, University City continues to thrive as the center for innovation and opportunities. largest 4thpopulation of students in the U.S. with 440,000 students

College54% Students Stay in Area after Talent Thrives Here Graduation It just got way easier to recruit the nation's top talent. Here, you are surrounded by Increase115% in College- the risk-takers, boundary-pushers, and educated 25-34 forward-thinkers. These people are driven by Year-olds, 2000-2017 passion and purpose, and they’re seeking like-minded companies and leaders who will push for advances in life sciences, technology and business.

Institutions1,650 Participating with Drexel Co-op Program Fall in Love with Our City

There is nowhere else in the world like Philly. It is home to some of the country’s most acclaimed arts and culture destinations. James Beard award-winning restaurants dot every corner. Music for all tastes fills concert halls and underground venues every night of the week. The largest urban park system in the world—at 9,200 acres—connects bike trails, walking paths, and pocket parks. Distinct and vibrant neighborhoods can be explored by foot, day and night. It’s the city where people want to live and talent wants to work.

Schuylkill Yards sits on the lower banks of the Schuylkill River, which flows for 135 miles through 27 vibrant neighborhoods, and houses 5 trails with 1 million unique visitors each year. A Top “Knowledge Capital” in the USA & Europe One of America’s “Most Fun” Cities Brookings Institution Thrillist

One of “20 Best Places 2018 City to Go” in 2018 of the Year TIME Magazine GQ Magazine

One of America’s Greatest Eating Cities #2 Best Bon Appétit Place to Visit in the U.S. U.S. News & World Report

Philly is an Under-Appreciated Cultural Hotspot Vogue One of America’s Most Diverse Restaurant Cities Forbes University City

TRANSIT96 90BIKE WALK92 Score Score Score

Commuting is Seamless

Schuylkill Yards bridges Center City’s traditional business district and University City’s renowned academic core, serving as the connection point for people, ideas, and business. The site is situated mere steps from Amtrak’s 30th Street Station, which connects the powerful Northeast corridor to the world.

Direct Connections to: ƒƒAmtrak ƒƒTrolley Lines ƒƒRegional Rail ƒƒNew Jersey Transit ƒƒSubway

Busiest Amtrak3rd Station

Hours1.5 to D.C. Hour1 to NYC Passengers11M Rail13 Lines Bus12 Lines Subway6 & Light Annually Rail Lines The New Heart The New 2 2

3 of UCity69% Residents Walk, Bike or Ride Public Transit to Work ARCH ST 1 JFK BLVD 31st ST 31st 6 4 Parking4,769 Spaces Available in the MARKET ST

Schuylkill Yards Area

6th ST 6th 4th ST 4th 10th ST 10th 16th ST 16th 12th ST 12th

30th ST 30th

36th ST 36th ST 34th

20th ST 20th ST 18th

33rd ST 33rd BROAD ST BROAD CHESTNUT ST CHESTNUT ST

of Cira85% Centre Tenants WALNUT ST WALNUT ST Choose Mass Transit

to Commute to Work ST 22nd LOCUST ST 8th ST 8th 5 SPRUCE ST

3

Stay on the Move with Transit Options PA Suburbs to Schuylkill Yards 1.1 SEPTA Regional Rail to 30th Street Station

Flexibility with 2 FREE Rail Line 2.2 Drive via I-676 Brandywine Shuttles 3.3 Drive via I-76 Rail Lines

3001 Shuttle Bus Ride7 frommin PATCO 2Walk min from 2to I-676min and Rail Lines NJ to Schuylkill Yards 8th & Market Stop 30th St. Station's Direct Access 1.4 PATCO Rail Line to 8th & Market, transfer FMC Shuttle Bus to 3001 JFK Regional Rail to to I-76 Market-Frankford Line to Market-Frankford Line 3001 JFK Trolley Lines 2.5 PATCO Rail Line to 16th & Locust, walk 3,200 Brandywine Shuttle one block to Brandywine's FREE Shuttles Riders Per Month Broad Street Line 3.6 NJ Transit to 30th Street Station CHESTNUT ST MARKET ST

Wharton Business School The Sheraton

Your New Home University Drexel FMC Tower at University Cira Centre South Bulletin Bldg. University of Pennsylvania WALNUT ST City Offers: The Study Cira Centre

AKA Outdoor5,181 Seats Highline Park

Cira Green 30th St Station Penn Park Retailers131 World Cafe Live Drexel Sq.

MARKET ST 76 WALNUT ST 76 Aramark Restaurants270 & Bars Fitler Club Schuylkill River Trail over Hotel1,000 Rooms 7 minute walk to Center City

over Events 2,500Each Year

CHESTNUT ST

Restaurants60+ within a 10 Min. Walk from Schuylkill Yards Bulletin Building at

Schuylkill3001 Market Street, Yards Philadelphia

Bulletin Building at Schuylkill Yards

ƒƒOver 32,000 sq. ft. of new retail and restaurant space ƒƒOver 17 foot high ceilings ƒƒAbundant outdoor possibilities including outdoor seating and covered loggia ƒƒFronting on Drexel Square ƒƒDelivery – 1st Quarter 2020

LOW CEILING MARKET ST LOADING

Bulletin Building LOWER 30 TH ST. LOADING Floor Plan VIA SERVICE ELEVATOR

Retail Space

Outdoor Seating Area

Office Tenant TENANT LOBBY Loading Access

Potential Retail Entry (ADA)

Exhaust Shaft to Roof HOLD FOR FUTURE OFFICE TENANT

MARKET ST ELEVATOR JFK BLVD JFK

21,459 SF F 9,263 SF S MAIN FLOOR MAIN FLOOR PUBLIC 17’-7” TO UNDERSIDE 17’-7” TO UNDERSIDE 778 LOBBY OF SLAB OF SLAB RETAIL SPACE

OUTDOOR SEATING AREA

OFFICE TENANT

LOADING ACCESS 1,915 SF

POTENTIAL RETAIL ENTRY (ADA) 8’-0” CLEAR

EXHAUST SHAFT TO ROOF 700 SF 1,717 SF

8’-0” CLEAR INTERIOR SCOPE PROPOSED LEVEL 1 PLAN W MAXIMUM RETAIL @ NORTH BULLETIN BUILDING N BROAD ST

PHILADELPHIA MUSEUM OF ART

WEST PHILADELPHIA

1 HOUR TO NYC VIA AMTRAK 676

LOGAN CENTER CITY FRANKLIN SQUARE 76 SQUARE

MARKET ST MARKET ST CITY MARKET ST HALL

UNIVERSITY LIBERTY BELL CITY WASHINGTON 95 SQUARE DELAWARE RIVER

R E RITTENHOUSE 611 INTERSTATE 309 276 1 V INTERSTATE I East Norriton 476 SQUARE 73 WILLOW GROVE R West Norriton L 63 L Norristown I Abington 422 132 S BROAD ST

K INTERSTATE L 23 276 Bensalem CHOP Y U KING OF PRUSSIA 63 H INTERSTATE Conshohocken C 76 Elkins Park INTERSTATE S 202 95 1 PA 73 NJ 30

23 611

Radnor INTERSTATE 76 Delran INTERSTATE 476 18 MIN TO PHL AIRPORT MAIN LINE 1 130 Ardmore BALA CYNWYD Cinnaminson

INTERSTATE Newtown Square 3 13 95 Havertown 30 PHILADELPHIA 90 1

Broomall Pennsauken 73 Moorestown

Drexel Hill Center City 38 Camden 130 Lansdowne INTERSTATE CHERRY HILL INTERSTATE

76 INTERSTATE 295 676 SPRINGFIELD Darby 1.5 HOURS TO DC VIA AMTRAK Media 1 Collingswood

INTERSTATE 476

13 INTERSTATE 70 95 30 Haddonfield PA Gloucester City Philadelphia Springdale Woodlyn Int’l Airport NJ Bellmawr

INTERSTATE 41 295 Echelon TO PHL AIRPORT 322 Chester Voorhees Woodbury

INTERSTATE 95 DEPTFORD 44 47 Lindenwold 322 42 55 30 45 N Retail Offerings in the neighborhood today

A thoughtful, curated retail strategy, driven by Brandywine, complements existing retail and adds to the fabric of the neighborhood with an intentional mix of the best food, beverage, entertainment and lifestyle brands. CIRA CENTRE JOSE GARCES’ JG DOMESTIC

FUTURE HIGH SPEED Area Amenities RAIL CONCOURSE HIGHLINE

SEPTA / DIRECT AIRPORT CONNECTION HIGHLINE PARK Brandywine currently controls 100K 3001 JFK SF of existing retail in University City. 3025 JFK Retail: 6,600 SF JF K

3051 JFK 1 30 0 JF K

Retail: 5 2

0 With Schuylkill Yards, we plan to add an 9,600 SF 3 JFK SHARED STREET 30TH STREET STATION additional 100K SF, beginning with the

JFK BOULEVARD ground-level of the Bulletin Building.

ARMORY 3101 MARKET PAVILION Committed Brandywine-Controlled THE GROVE BULLETIN DREXEL SQUARE Retail Amenities BUILDING 3151 3101 Retail: 30,000 SF Retail: 35,000 SF MARKET MARKET Planned Brandywine-Controlled PLAA THE PORCH Retail Amenities CIVIC BOULEVARD FOOD HALL 31ST STREET 32ND STREET NEW STREET 30TH STREET MARKET STREET Neighborhood Amenities

OLD NELSON THE MARKET TAVERN MARKET 3000 MARKET HIGHLINE OPEN SPACES 3020 MARKET Retail: Retail: 14,000 SF 7,000 SF WOODLAND WALK DREXEL UNIVERSITY LUDLOW STREET IRS BUILDING

SCHUYLKILL AVE

SCHUYLKILL RIVER

CHESTNUT STREET

EVO

CIRA GREEN

SUNSET SOCIAL

THE POST UNIVERSITY OF PENNSYLVANIA CIRA GREEN & CIRA OLD NELSON SOUTH GARAGE MARKET

AKA FMC WALNUT STREET CAFE Our Retail Commitment

EXISTING ƒƒ46,700 SF of food & beverage, convenience, health services, and entertainment

IN PROCESS ƒƒEast Tower: 6,600 SF ƒƒWest Tower: 9,600 SF ƒƒBulletin Building: 29,500 SF

PLANNED ƒƒ3000 Market: 21,000 SF are yourYour Greatest People Assets, and this ƒƒ3001 Chestnut: Neighborhood is Designed to 27,000 SF Bring out the Best in Them ƒƒ30th Street Station Renovation

Expanding Upon 100K SF of Brandywine- Controlled Retail These Streets are Alive

Our retail and merchandising strategy is designed to create a destination neighborhood merging Center City with University City. In the Bulletin Building, we are planning a food hall that will cater to diverse palettes—serving up options from chef-driven concepts to beloved fast casual grabs, and an entertainment destination featuring exceptional cuisine, Experiential drinks, and year-round activity. Offerings Bring Joy to Neighborhood Residents & Tenants Ever Expanding Experiences

Our design concepts demonstrate an emphasis on vibrant, experiential retail and amenities— places for people to come together and make genuine connections. JFK Blvd Shared Street & Civic Blvd Market Street

These streets will become the district’s center, creating a true sense of arrival when entering Schuylkill Yards. With generous sidewalks, lush landscaping, and a two-way, protected bicycle lane, these corridors will rival other iconic urban boulevards around the world. Because Open, Activated Streets can be the Catalysts for Creating Healthier, more Resilient Communities Green Spaces Grow Good Feelings

Influenced by the theory of BIOPHELIA—that people possess an evolutionary affinity for nature that is vital to human health and well- being—Schuylkill Yards is intrinsically linked The Highline Park to the natural environment.

Drexel Square The Bulletin Building

Cira Green of Greenspace6.5 acres Planned Amtrak 30th Penn Park Street within Schuylkill Yards Station 76

Penn Park

Cira Centre South 76 of University15% City Covered in Trees (Surpassing most Schuylkill River Trail PHL neighborhoods)

15% increase of100 Public acres Space in in Employee Well-being when University City Exposed to Natural Elements such as Greenery & Sunlight Drexel Square

Drexel Square Park opened to the public in June 2019. Conceived as an intimate space for the community to gather, the 1.3 acre park completely transformed a parking lot outside Amtrak's 30th Street Station. Its pathways are a projection of the earth's meridian lines, with 23 Dawn Redwood trees flanking the perimeter. With this space—the first among a network of parks within the master Schuylkill Yards vision—Drexel Square shows the power of public spaces in facilitating deeper connections between people and their community. The Highline Park Between East & West Towers

With a raised deck, seat-steps, and striking views of the park and railyard, the Highline Park is brought to life through outdoor dining, art installations, water features, a rain garden and dynamic lighting. A strategic selection of mixed materials generates effortless synergy with the towers and creates a welcoming, publicly- accessible destination for relaxation, collaboration and community enjoyment.

mins. 20in a Park has Been Found to Help People Concentrate Better 3001 3025 JFK JFK

The Highline Park, designed by SWA/ Balsey, a leading New York based landscape, architecture planning and urban design firm design, will seamlessly connect the Towers. Why Brandywine: Our University City Story

Two decades ago, Brandywine invested in University City’s untapped potential, capitalizing on its unmatched access to transit, universities, research and medical facilities, and top talent. Beginning with the development of Cira Centre, Brandywine expanded Philadelphia’s skyline west of the Schuylkill River, linking the central business district with an emerging economic and innovation hub.

Through thoughtful placemaking and strategic partnerships, Brandywine is creating a neighborhood that will attract and retain new businesses and world-class talent, and position Philadelphia as a leading global city, rich with diverse cultural and lifestyle experiences. Approaching $2 Billion Invested in University City to Date Our University City Story Continues…

Cira Green Drexel Square Cira Centre 1.25 Acre 1.3 Acre Vibrant 730K SF | $212M Elevated Park Community Park 29 Floors and Direct with Green-Blue featuring Signature Access to Amtrak's Roof Technology Elliptical Lawn 3001 JFK & 30th Street Station $13M $14.5M 3025 JFK open

'05 '10 '15 '19 '22

'06 Historic '14 '16 '18 '20 Cira Square renovation 862K SF | $250M Bulletin Building Cira Garage 283K SF | $83M (est.) 553K SF | $78M renovation completed

Schuylkill River evo at FMC Tower at Cira Trail opens Cira Centre South Centre South $642K Invested 460K SF | $158M 900K SF | $400M to Date Luxury Student Vertical “Neighborhood” Housing Tower with Office, Hotel, Residential, and 2016–2019: $160M invested in Neighborhood Hotel, Food Amenity Space & Beverage, Lifestyle, and Entertainment Venues to date “What also gives Schuylkill Yards a unique edge is the social responsibility

vision that SweeneyForbes is driving.”

Building Bridges by Generating Far-reaching, Positive Social Change that Enriches Lives and Creates Opportunities for Tomorrow

Understanding that our developments can shape a community for generations to come, we embrace a long-term perspective for creating value and sustainable economic growth. Through direct engagement with a wide range of stakeholders, we introduced an unprecedented Neighborhood Engagement Initiative (NEI) as part of the Schuylkill Yards development, totaling a $16+ million commitment to the community.

Programs include: ƒƒGrow Philadelphia Capital Fund ƒƒConstruction Apprenticeship Preparatory Program ƒƒLocal Sourcing Initiative ƒƒCDC Co-Development Fund ƒƒCommunity Fund for affordable housing, small and minority businesses, education and capacity building. 25 Years of Experience Built on Unwavering Commitment to Quality, Innovation, Integrity, and Community

Spark Therapeutics FreedomPay City of Philadelphia “We are proud our roots are firmly-planted in “Since we had been a client of Brandywine’s “It's the difference between a good developer West Philadelphia through our relationship with for many years, we were fully confident in the and a great developer that makes a difference. Brandywine. Their team’s close collaboration, quality of product and services they would A great developer goes above and beyond expertise and commitment to the community deliver at FMC Tower. As a rapidly growing to truly engage residents and ensure that further catalyzes our aim to establish company, we wanted to welcome our clients their project and vision includes the needs Philadelphia as a hotbed of gene and cell in a cutting-edge, spacious new environment, of the community. Through its Neighborhood therapy innovation.” and become a leader in the city’s expanding Engagement Initiative, Brandywine will do just — Joseph La Barge, Chief Legal Officer technology scene.” that by creating job opportunities, engaging — Tom Durovsik, Founder and CEO local community groups, and supporting small The Philadelphia Inquirer minority owned businesses.” “And yet Brandywine should be applauded for Spring EQ — Mayor Jim Kenney kicking off its massive Schuylkill Yards project “For over 21 years, Brandywine has been a with a park, quite an expensive one at that. partner for all of my business needs. Over the 1315 Capital Developers usually wait until the rent checks course of three different start-ups, they’ve “Brandywine is the leader in commercial real start flowing before they subsidize amenities.” grown with me from 3,000 sf to well over estate around Philadelphia’s 30th Street — Inga Saffron, Pulitzer Prize-winning 150,000. Time and again, they have provided Station, which is exactly where we wanted our Architecture Critic creative solutions to customize our experience, company to be. Their dominant presence was and created high-quality workspaces that important because as a start-up, we needed a BigCommerce help us recruit and retain top talent. With landlord that could support our firm’s growth. “In working with Brandywine as a landlord, we Brandywine it's a true business partnership We started out in 1,500 sf in the Bulletin feel like we are equals at the table. I’ve found predicated on respect and collaboration.” Building, and then expanded into FMC Tower. them to be very straightforward, honest, and — Jerry Schiano, Chief Executive Officer We love the space, and we have always found really focused on trying to get to a resolution the team at Brandywine to be thoughtful, that works for both parties.” responsive, and flexible.” — Jason Schultz, Director Global — Adele C. Oliva, Founding Partner Real Estate & Facilities

Keystone Opportunity Zones Keystone Opportunity Zones (KOZ) offer office tenants of designated properties certain state and local tax abatements. Portions of Schuylkill Yards are designated as KOZ.

Abated Philadelphia Taxes:

ƒƒBusiness Income & Receipts Tax ƒƒNet Profits Tax ƒƒReal Estate Tax ƒƒSales Tax ƒƒUse and Occupancy Tax

Abated Pennsylvania State Taxes

ƒƒPA Corporate Net Income Tax ƒƒPA Personal Income Tax (Partnerships and Sole Proprietors) ƒƒPA Insurance Premiums Tax ƒƒPA Bank and trust Company Share Tax ƒƒPA Mutual Thrift Institutions Tax ƒƒPA Sales & Use Tax QualifiedOpportunity Zones Qualified Opportunity Zones are a federal tax program enacted with the 2017 tax law change.

All of Schuylkill Yards is a Qualified Opportunity Zone. This incentive allows an equity investor to defer current gains in two main ways:

ƒƒUp to 15% of deferred gains are permanently eliminated after a 7-year investment period. ƒƒ100% of capital gains earned from appreciation on the investment are eliminated if held for 10 years.

With unmatched access to transit, amenities and a rich quality of life, Schuylkill Yards is the best Qualified Opportunity Zone- designated site in the country. www.brandywinerealty.com Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly-traded, full-service, integrated real estate companies in the United States, with a core focus in the Philadelphia, PA, Washington, D.C., and Austin, TX markets. Organized as a real estate investment trust (REIT), we own, FMC Tower at Cira Centre South develop, lease and manage an urban, town center and transit-oriented portfolio. 2929 Walnut Street, Suite 1700 Philadelphia, PA 19104 Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. Our deep commitment to our communities was recognized by NAIOP when we were presented with the Developer of the Year Award—the highest honor in the commercial real estate industry.

FOR LEASING INFORMATION CONTACT: STEVEN GARTNER JEFF COHEN LISA STODDARD TONI BONITZ Executive Vice President Executive Vice President Executive Vice President Associate (215)-570-0050 (610)-834-8000 (202)-585-5519 (215)-566-8799 [email protected] [email protected] [email protected] [email protected]