INVESTMENT SUMMARY T H E OPPORTUNITY 5060 Spectrum Way, Mississauga, Ontario (the “Property”) represents an exceptional opportunity for an investor to acquire a premier suburban office complex situated on a 9.8-acre corner site at the intersection of Eglinton Avenue West and Spectrum Way. Built in 2002, this market-leading asset comprises 114,505 square feet (“sf”) of class ‘A’ office space distributed over five storeys, with excess development land totaling 4.5 acres. The institutionally-owned and managed building features an attractive modern design, efficient floor plates with ravine views, abundant natural light, as well as ample surface and underground parking. The Property is currently 100% leased to a diversified rent roll of high-quality tenants with a weighted average remaining lease term (“W.A.L.T.”) of 6.1 years. The Property is located in the heart of Mississauga’s Airport Corporate Centre (“ACC”) node, one of Canada’s premier suburban office parks - boasting restaurants, retail and hospitality accommodation that is well-connected via Highway 401 and the “MiWay” Bus Rapid Transit System, allowing tenants easy access to Mississauga’s downtown hub, neighbouring communities, Lester B. Pearson International Airport and Downtown Toronto. 2002 114,505 SF 5 ~24,400 SF 100% YEAR BUILT TOTAL GLA STOREYS AVG. FLOORPLATE LEASED 6.1 YRS 8 $17.41 PSF 521 4.5/1,000 SF W.A.L.T. TENANTS OFFICE BASE RENT PARKING STALLS PARKING RATIO C O M M E R C E B LV S D H U T T L E O D R R B IT 5060 SPECTRUM WAY REPRESENTS A RARE D R N OPPORTUNITY TO ACQUIRE A PREMIER S SUBURBAN OFFICE PROPERTY LOCATED IN O L A R 401 D R THE HEART OF THE AIRPORT CORPORATE I V E CENTRE SUB-MARKET E E C D E X V N P L T B E LO N R N N E O IA R S L E D P H A R T R A K M B CENT ENN IAL PARK L V D E R V D URN 427 S A THB P K RA R E A C PUBLIC TRANSIT M T Y R K R Mississauga Transitway U S E M W N Miway AY F SPECTRUM BRT O THE EATERY R STATION T PUBLIC TRANSIT H D R CR Mississauga Transitway EE KB AN Miway D K I X R W IE D E R V D A N O T IN L G 25 KM E DOWNTOWN 8 KM TORONTO PEARSON INT’L 0.3 KM AIRPORT SPECTRUM STATION 3 KM FUTURE DEVELOPMENT POTENTIAL The Property offers significant intensification through the development on 4.5 acres of excess land situated at the southern portion of the site. Existing site plan approval with the City of Mississauga permitsBURNHAMTHORPE a additional RD ‘twin’ office building totaling approximately 114,500 sf, offering investors a condensed development timeline. Additional plans exist to support density of up to 135,000 sf of gross floor area based on as-of-right zoning, while the zoning designation also allows for a variety of office, commercial and hospitality uses. Developable land within the area STRATEGIC LOCATION remains highly desirable, as land supply dwindles. Located in the resurgent ACC, one of Canada’s premier commercial hubs and home to various Fortune 500 company headquarters, the Property is proximate to a wide STRONG OFFICE MARKET CONDITIONS array of amenities including hotels, restaurants and service retail. The Property’s Fundamentals remain robust in the ACC, with strong leasing activity, substantial rental growth location permits easy access to major transit lines, including a three-minute walk and declining availability as demand continues to grow alongside supply constraints and a lack from Spectrum Station West, which is serviced by Mississauga’s MiWay Bus Rapid of meaningful development in the suburban pipeline. This acceleration in the market has been Transit, as well as being an 11-minute drive to Lester B. Pearson International driven by tightening conditions in Downtown Toronto, making the ACC a viable and competitive Airport and a 20-minute drive to Downtown Toronto. option for tenants seeking high-quality alternatives to the more expensive Toronto CBD. DIVERSIFIED TENANT ROSTER The Property is 100% leased to a diversified rent roll of high-quality national and global tenancies, with an exceptional W.A.L.T. of 6.1 years, which benefited from the robust recent leasing activity at the Property, with the Vendor securing three large tenancies totaling over 55% of the total gross leaseable area on long-term leases. The largest tenants include Trapeze Software (39,593 sf), Lycopodium Minerals Canada (15,043 sf), Volaris Group (14,625 sf) and Ipsen Biopharmaceuticals (13,693 sf). The quality of the tenant covenants and exceptional W.A.L.T speak to the asset’s physical quality, institutional management,Tenants and by GLA superior GTA West location. 16% TENANT MIX - GLA 35% TrapezeTrapeze Software Software Lycopodium Minerals Canada 11% Lycopodium Minerals Volaris Group Inc. IpsenVolaris Biopharmaceuticals Group CInc LoanIpsen Away Inc.Biopharmaceuticals Other Occupied 12% Loan Away Inc. Other Leased 13% 13% FREE AND CLEAR Free and clear of existing financing, providing an opportunity to secure new first mortgage financing at attractive interest rates. OFFERING PROCESS Jones Lang LaSalle Real Estate Services, Inc. (the “Advisor”) has been exclusively retained by the Vendor to seek proposals to acquire the Property. Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property. Additionally, interested parties will be invited to submit a Letter of Intent on a specific date that will be communicated by the Advisor at least fourteen (14) days in advance. JONES LANG LASALLE REAL ESTATE SERVICES, INC. Bay Adelaide East, 22 Adelaide St. W., Suite 2600 Toronto, ON M5H 4E3 tel +1 416 304 6000 fax +1 416 304 6001 www.joneslanglasalle.ca All inquiries regarding the Property should be directed to: Matt Picken * Bryce Gibson * Managing Director Executive Vice President Capital Markets Capital Markets + 1 416 304 6020 + 1 416 238 9785 [email protected] [email protected] Stratton Townley* Associate Capital Markets + 1 416 238 9802 [email protected] www.jll.ca.