Contents. Corsair Series At Renaissance. Property Overview. King of Prussia, PA SECTION 1. INTRODUCTION SECTION 2. DESCRIPTION

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1 Overview Contents SECTION 1. INTRODUCTION SECTION 2. DESCRIPTION Corsair Series At Renaissance King of Prussia, PA SECTION 3. TRANSPORTATION & AMENITIES SECTION 4. DEVELOPMENT TEAM SECTION 5. FACT SHEET Exclusive Leasing Agent:

2 Introduction The Corsair Series at Renaissance Corporate Center Three Class A office buildings offering 360,000 square feet of space embody the spirit of luxury and technical innovation set forth by J.P. Morgan over a century ago. Each is lavished with exquisite details, signature design elements and elegant extras that create an environment where your employees can flourish. A private collection of authentic scaled models of Morgan s three yachts grace the main lobby, creating an unparallel sense of arrival. Plus, you ll find a sophisticated technological infrastructure that will support even your most advanced business and communications needs. PROPERTY DESCRIPTION: Renaissance Corporate Center is one of the area s most prominent and desirable corporate addresses. Located at the intersection of Route 320 and Renaissance Boulevard in Gulph Mills, this 40 acre complex neighbors King of Prussia, Radnor, Devon, Conshohocken and Bryn Mawr. Yet even with such convenient access to the Main Line, your employees won t have to fight traffic and congestion to get here. A gently winding, tree-line road leads into the office park, where fountains, monuments and beautifully landscaped common areas create a welcoming, relaxing environment. Office spaces are equally state-of-the art with views overlooking the Gulph Mills Golf Course. Wide core-to window ratios allow for superior office design and workstation configuration as well as plenty of open space. By car, Renaissance Corporate Center is just minutes from the Schuylkill Expressway (I-76), Blue Route (I-476) and the Pennsylvania Turnpike (I-276). Public transportation is available through and immediately adjacent to the park via the SEPTA P&W II rail line or SEPTA commuter buses. C#####

3 Introduction Specializing in the construction and leasing of high quality, hi-tech, cost-effective, state-ofthe-art commercial office space, O Neill Properties has offices in Philadelphia, Pennsylvania, Boston, Massachusetts and Washington, D.C. OWNERSHIP: O Neill Renaissance I Associates, L.P. is an affiliate of O Neill Properties Group, L.P., the largest privately-owned, Pennsylvania based, real estate development company in the Northeast corridor, from Boston to Washington, D.C. O Neill has established itself through a two-pronged approach to development: the redevelopment and repositioning of industrial, warehouse and historic buildings into Class A commercial office space, and the construction of new, Class A hi-tech office buildings. Currently, O Neill is developing and leasing over three million square feet in the Greater Philadelphia area and one million square feet in the Greater Boston market. The O Neill strategy is to identify and acquire former industrial buildings or land at superior locations and develop these properties to meet anticipated user requirements, specifically targeting the needs of the regional economy s rapidly expanding industries and high growth businesses. O Neill s target sectors are Health Services, Telecommunications, Pharmaceutical Companies, Biotechnology, Investment and Financial Services. The corresponding benefits to the local communities in which O Neill projects are located include increased and stabilized real estate taxes, the expansion of employment opportunities for local citizens, and the addition of amenities such as child care facilities, office services and restaurants.

4 Introduction Millennium IV & V, 230, 408 SF Each Apartments 500 Units Millennium II & III, 63,483 SF Each Millennium I, 53,000 SF Corsair II Corsair I Gulph Mills Country Club Corsair III SEPTA P&W 100 (40 foot walk to site) Figure 1. Aerial Perspective Figure 2. Main Lobby A two-story grand entrance opens to a 40 foot high glass atrium. Flamed cherry wood paneling, granite and teak flooring, and brass hardware instantly convey quality, elegance and gradeur.

5 Introduction WORKFORCE DEMOGRAPHICS: The number of household in this area increased by 1.7% between 1990 and the current year, from 74,640 to 75,908, compared to 11.0% for increase by 0.8%, from 75,908 to 76,521, compared to 5.1% for United States as a whole. Average income levels in this area grew by 51.7% between 1990 and current year; from $62,900 to $95,450. The current-year per capita income for this area is $38,401 compared to $21,350 for United States as a whole. 73.5% of the workers in this area have White Collar occupations, 15.3% have Blue Collar occupations, and 11.2% have other types of occupations as of % of the population in this area were in the Executive & Managerial Occupational category. 15.5% of the population in this area had earned a Graduate Degree and 21.1% earned a Bachelors Degree Only as of Most of the dwellings in this area 66.5% were Owner Occupied as of The highest percentage of the dwellings in this area 42.4% were Single Unit Detached in Most of the dwellings in this area 29.6% were built 1939 or earlier. Figure 3. Workforce Demographics

6 Introduction Map for location Figure 4. Access From RT. 76 East DRIVING DIRECTIONS: Gulph Mills Exit Straight through at light onto Trinity Road; Trinity turns into 320 N as you drive under the overpass. Follow Rt. 320 N (approximately ¼ mile) to fork in road and bear to your right onto Holstein Road Follow Holstein Road to the next light, continue straight onto Swedeland Road (Holstein turns into Swedeland) At next light, turn left onto Renaissance Blvd and into the Renaissance Park development. Proceed into the park and follow Renaissance Blvd straight for 1 mile; proceed through stop sign and our location is at the dead end of Renaissance Blvd. On your left. From RT. 76 West Gulph Mills Exit Follow Holstein Road to the next light, continue straight onto Swedeland Road (Holstein turns into Swedeland) At this stop sign, turn right onto Trinity Lane or 320 N and proceed to the fork in road and bear to your right onto Holstein Road. At next light, turn left onto Renaissance Blvd and into the Renaissance Park development. Proceed into the park and follow Renaissance Blvd straight for ¼ mile and our location is at the dead end of Renaissance Blvd. At the stop sign at the Gulph Mills Exit, turn left onto Baladamingo Blvd, drive 50ft. to a second stop sign

7 Description Description Figure 5. Site Map SITE: From the gated entrance to the cobblestone walkways to the striking monuments that line the driveway, Corsair at Renaissance has the look and feel of an exclusive club. Nestled among oak, maple, birch and sycamore trees, the campus style park overlooks the 15 th and 17 th holes of the Gulph Mills Golf Course a setting that also offers spectacular views of both open spaces and greenways. The buildings themselves are by all accounts stately. Each is four stories high, built from pre-cast concrete with a masonry accent. Impressive columns frame the main entrance while an abundance of windows complements the unique architecture awash every inch of the interior with natural light. Inside, employees and visitors are greeted by a two-story grand entrance that opens to a 40 foot high glass atrium. Flamed cherry wood paneling, granite and teak flooring, and brass hardware instantly convey quality, elegance and grandeur. In addition to the yacht replicas in the main lobby, noted yacht club burgees are on display to enhance the nautical theme.

8 Description Front Shot Architecture The building s envelope is comprised of pre-cast with masonry accents and green-glass 10 foot high windows with a Portico entrance and a hand made rod iron & marble clock above the revolving glass doors. Configuration Though each project is unique, O Neill Properties hallmarks include attention to historical and modern detail; large, high-ceiling spaces which invites innovative interior design; and robust technological infrastructure.

9 Description AVAILABLE AREA Building Floors Square Feet Corsair at Renaissance 1 st 11,860 2 nd 31,606 3 rd 26,514 4 th 0 Penthouse 0 Figure 6. Square Footage 3,967 rsf 7,893 rsf Figure 7. 1 ST Floor Plan

10 Description Available 31,606 RSF Figure 8. 2nd Floor Plan

11 Description 5,185 rsf Available 26,514 RSF Figure 9. 3rd Floor Plan

12 Transportation Amenities Transportation & Amenities Figure 10. TRANSPORTATION: The Schuylkill Expressway (I76) runs East-West to Philadelphia. The Blue Route (I-476) runs North- South providing access to New York City or Wilmington, Delaware. The Pennsylvania Turnpike (I-276) runs East-West for travel to New Jersey or Pittsburgh.

13 Transportation Amenities SEPTA Bus Route 100 SEPTA Rail 100 SEPTA Bus Route 95 Figure 11. Mass Transit Connections Schuylkill Expressway (I-76) Blue Route (I-476) Pennsylvania Turnpike (I-276) SEPTA Rail 100 SEPTA Bus Routes 95 & 100

14 Transportation Amenities Parking shot Figure 12. Ample Parking 4 per Thousand

15 Transportation Amenities AMENITIES: The largest mall on the east coast The Plaza and The Court at King of Prussia is within minutes of Millennium and features more than 36 eateries and 365 specialty shops including Bloomingdale s, Neiman Marcus, Nordstrom, Macy s, Lord & Taylor, JC Penny, Sears and Strawbridge s. Historic Philadelphia. Conshohocken is only a 20-minute ride from some of our nation s richest history such as the Liberty Bell, Independence Hall and the cobblestone alleys where Benjamin Franklin, Betsy Ross and our Founding Fathers once worked and lived. Modern Philadelphia. A thriving cosmopolitan city with more top French chefs and excellent restaurants than any East Coast city. Farmers markets, art galleries, museums and cultural attractions that rival the finest in the world. Chester County. Longwood Gardens, the former DuPont estate is one of the richest botanical gardens in the country. Just minutes from the world-renown Winterthur Museum, which displays antique treasures from around the world.

16 Development Team Development Team Architects: RHJ Associates Construction Mgmt: Shoemaker Construction Management Land Planner: Trio & Associates Civil Engineer: Momenee & Associates MEP & Structural: Bala Consulting Engineers Environmental: Oxford Engineers Landscape Architect: Orsatti & Associates Traffic Engineers: McMahon & Associates Leasing Agent: Scott Gabrielsen

17 Development Team J. Brian O Neill has been developing properties for more than 20 years. In 1999 alone, O Neill Properties was responsible for creating 1.7 million square feet of office space in the Philadelphia area as the predominant regional developer. About the Developer O Neill Properties Group, L.P. is a privately-owned suburban Philadelphia, Pennsylvania-based real estate development company specializing in the construction and leasing of high-quality, costeffective, state-of-the-art commercial office space in the Northeast corridor from Washington, DC to Boston, Massachusetts. O Neill has developed / redeveloped almost 10 million square feet of office space and is currently developing and leasing over one million square feet in the Greater Philadelphia market. These words describe the man, the company, and the vision. Led by J. Brian O Neill, O Neill Properties constructs new, technologydriven environments, utilizing first-class materials, quality construction, and a partnership network dedicated to creating userfriendly, aesthetically pleasing environments-at a lower cost than the competition. Where other developers have overlooked or mishandled a property. O Neill will see a great economic future. O Neill Properties has the experience, resources, and commitment to turn it into reality. O Neill is a value accelerator, typically taking properties with the lowest tax value, the fewest number of jobs, and the lowest paying jobs and creating new environments that represent the highest and best use of Class A space. Unlike some developers, O Neill works in partnership with the local community to ensure that the development meets the economic, social, and environmental needs to everyone. The commitment to a project s success and to each tenant s satisfaction is total and longterm. Though each project is unique, O Neill Properties hallmarks include attention to historical and modern detail; large, high ceilinged spaces whose atypicality invites innovative interior design; and a robust technological infrastructure. The best space; O Neill environments are home to Fortune 500 companies and the most exciting and successful new economy enterprises.

18 Corsair Series at Renaissance Corporate Center Leasing Agent: Scott Gabrielsen BINSWANGER 2002 Renaissance Blvd. King of Prussia, PA Development of: O Neill Properties 700 S. Henderson Road, Suite 225 King of Prussia, PA Property Address Total Project Renaissance Corporate Center The Corsair Series 2701 Renaissance Blvd. King of Prussia, PA Montgomery County Upper Merion Township 370,527 Total SF - Three Class A Office Buildings Scope Corsair I 123,509 SF Class A Office Building Corsair II 123,509 SF Class A Office Building Corsair III 123,509 SF Class A Office Building Phase 1 Phase 2 and Phase 3 Corsair I Lobby Materials Amenities Corsair I Start Date: January 2001 Completion Date: November 2001 Delivery Timeframe 11 Months Corsair II and Corsair III Start Date: TBD Completion Date: TBD Number of Floors: Four story building with penthouse Floor Plate Size: 1 st FL 23,785 SF 2 nd FL 31,571 SF 3 rd FL 31,711 SF 4 th FL 32,834 SF (leased) Penthouse 3,607 (leased) Composite stone floor, cherry veneer panels with applied cherry trim and base, lobby hoist way walls are veneered with composite stone, and vinyl wall covering. Ceiling shall be gypsum board and grid with acoustical tiles. Full Service Deli and a 1,100 Sq. Ft. Tenant Only Fitness Center On- Site. Well-appointed Formal Campus setting overlooking Gulph Mills Golf Club; Formal Gardens; Jogging trail; Superior Location in the heart of the Main-Line ; Numerous fine Eateries and restaurants, Childcare facilities and Hotels within minutes, Public Transportation; A Country-Club entranceway with gated-posts and superior design with a sweeping staircase and two eloquent entrances.

19 Public Transportation SEPTA bus service (Route 95) to / from Gulph Mills (Route 100 light rail) and Conshohocken (R6) train stations. Parking per 1000 RSF 4/1000 Type of Structure Column Spacing Ceiling Height Type of Curtain Wall Type of Window System Mullion Spacing Type of HVAC System Steel frame with composite designed steel beams and concrete floors. Foundation systems to be poured in place concrete spread footings. 30 X 30 (Typical bay) Floor to floor height (slab to slab) is 13 3, which will accommodate a clear ceiling height of 9. GFRC (glass fiber reinforced concrete) panels. Front entrance will contain stone veneer accents. By PPG, 1 insulated, solex green, low E, tinted. 5 on center Rooftop packaged variable air volume (vav) air handling units equipped with economizers for outside fresh air intake. # of Tons of HVAC 340 tons plus a 10-ton constant volume air-handling unit to service the atrium. # of HVAC Zones/Floor 12 per floor/1 st 3 rd floors Electric Service Elevators Capacity/Speed of Elevator Fiber Optics Acreage 3000-amp service feed by electric company utility feeds. Two passenger, one freight, Type of System: Schindler-Hydraulic lbs. / 5000 lbs. For freight. Speed: 150 FPM Yes - Verizon 26 acre complex Zoning SM/ Suburban Metropolitan General Contractor Architects R.M. Shoemaker Co. RHJ and Associates, Inc.

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