LAKEVIEW SUITES. OFFICES FOR LEASE AT LAKEVIEW PLAZA Route 22 Brewster, NY 10509

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1 LAKEVIEW SUITES OFFICES FOR LEASE AT LAKEVIEW PLAZA Route 22 Brewster, NY Professional Second Floor Office Space Unit C-20 8,391 Square Feet Second Floor Unit C-23 8,130 Square Feet including private ground floor entrance with 1,055 SF Great Views of the Bogs Brook Reservoir Common Areas to be Renovated Abundant Onsite Parking Great Visibility, High Traffic Location Offered at $16.00 PSF Tenant Electric $2.75 CONTACT EXCLUSIVE OFFICE BROKER BOB CASCELLA

2 The Property - Lakeview Plaza is a five-building, two-story grocery-anchored retail center located at Route 22 in Brewster, Putnam County, NY. Built in 1978 and renovated in 1999, the 177,029 square feet of improvements are situated on a acre site zoned SR-22 (Special Route 22 Area). There is abundant parking is with approximately 908 spaces servicing the center. The Property is currently anchored by ACME Market. Junior anchors include Rite-Aid, Creative Kids Childcare and Wings over Water. Lakeview currently has a diverse mixture of local, regional and national tenants including, Mezzaluna Restaurant, Empire Bagel, Wandering Dave s Café, Peachwave Frozen Yogurt, Supercuts, M&T Bank, KeyBank and Burger King. The 20+ retail tenants, all within walking distance of the office space, serve as great amenities to any prospective office tenant. The Space The Lakeview Suites are located on the second floor in the center of this busy plaza. There is a common lobby that can be accessed from the front or rear of the building, providing for ample employee parking. The center core consists of two stair towers and an elevator leading to a bright, welcoming second floor common area. Many of the offices have great views of the Bogs Brook Reservoir and the surrounding foothills. Current floor plans are attached, the owner is willing to provide improvements or modifications for qualified tenants.

3 The Location - Putnam County features commuter rail service to New York City via two Metro-North lines, the Hudson Line and the Harlem Line. The county is also served by major highways including the Taconic State Parkway, Route 9, Route 6, Interstate 684, Interstate 84, and Route 301. Access to the property is also excellent, with two signalized points of ingress/egress along Route 22. The location benefits greatly from the traffic traveling north and south on Route 22, which has an average daily traffic count of 30,500. The property is just over 3.5 miles from the Metro North Train Station located on Main Street in Brewster, New York. Nearly half of the county s households earn at least $100,000 annually, compared to 20% of national households. Ownership - Urstadt Biddle Properties Inc. acquired Lakeview Plaza Shopping Center, located in the Village of Brewster within the Town of Southeast in Putnam County, New York in December of Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust ( REIT ) founded in They provide investors with a means of participating in the ownership of income-producing properties with ready liquidity. They are a proven leader in the ownership, operation, and redevelopment of high-quality retail shopping centers predominantly located in the suburban, high demographic, high barrier to entry communities surrounding New York City. They take a disciplined, conservative approach to every aspect of commercial retail real estate. This has led many real estate experts to consider our property portfolio to be one of the highest quality portfolios of assets in our industry.

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