New Jersey s Premier Office Redevelopment 340 MOUNT KEMBLE AVENUE MORRISTOWN, NJ

FOR TODAY S WORKFORCE 440,398 RSF of completely renovated work space, just 5 minutes from downtown Morristown

FOR TODAY S WORKFORCE OVERVIEW Ownership is breathing new life into a 440,398 RSF property to create a contemporary workplace for today s workforce. New amenities, new finishes, new common areas, and a new setting fuse to create a new paradigm for office all within five minutes of amenity-rich downtown Morristown.

FOR TODAY S WORKFORCE CAPITAL IMPROVEMENTS The transformation underway at 340 MK is bringing forth a new type of office building with Millennial-friendly features: New façade featuring full-height glass curtain walls New, striking common area finishes Above-average finished ceiling heights State-of-the-art mechanical systems and controls New circular entrance and extensive site work to improve traffic flow Abundant power feed

FOR TODAY S WORKFORCE AMENITY SCHEME

FOR TODAY S WORKFORCE AMENITIES Amenities designed to enhance daily interactions, spur creativity, and promote productivity.

LIVING SHOPPING DISTRICT

LIVING DOWNTOWN MORRISTOWN A LIVE, WORK, GROW COMMUNITY. 25,000 RSF

LIVING TWENTY OF NJ S TOP RANKED SCHOOL DISTRICTS (590 Districts Total) WITHIN +/- 30 MINUTE DRIVE TOP SCHOOL DISTRICTS 2 Millburn 4 Livingston 5 Summit 6 Chatham 7 Basking Ridge 8 Skillman 10 North Caldwell 14 Montclair 15 Ridgewood 30 MINUTE DRIVE TIME 17 Chester 22 Mountain Lakes 23 Bernardsville 24 Demarest 26 Westfield 28 Morristown 30 Annandale 36 Parsippany 39 Pompton Lakes 41 Martinsville 46 Denville

RECRUITING REPRESENTATIVE TALENT Morristown

RECRUITING 2016 GROUNDBREAKING Relocation & expansion (from Bergen County) Facility dedicated to R&D 200,000 rsf This new facility will provide a collaborative setting for the creative team developing the UPS technology of tomorrow. - UPS Chief Information Officer MORRIS COUNTY TALENT BASE CASE STUDY TALENT SETS: Software Development Customer Interface Development Logistics Systems Engineering Packaging Innovation INNOVATION CENTER Morristown UPS INNOVATION CENTER

GETTING CONVENIENT REGIONAL ACCESS I-287 3 minutes (1.4 miles) via Exit 33 Downtown Morristown 5 minutes (2 miles) via US-N Morristown Municipal Airport 14 minutes (8.7 miles) via I-287N Newark Liberty International Airport 30 minutes (25.8 miles) via NJ-24E and I-78E New York Penn Station 60 minutes via N.J. Transit / Morristown Station

GETTING Scranton 476 DRIVE TIME ANALYSIS 84 Goshen 6 BY CAR 81 84 Danbury 84 84 6 6 684 9 6 New York 6-TRUCK 6 84 84 380 6 84 6 84 84 Milford 87 6 6 Summit 8:00 AM ARRIVE @ TOTAL ONE-WAY 340 MK TRAVEL TIME Pennsylvania 8:25 AM 25 minutes Randolph 8:00 AM 8:25 AM 25 minutes Bedminster 8:00 AM 8:30 AM 30 Minutes ORIGIN 80 DEPART Westfield 8:00 AM Montclair 8:00 AM 8:36 AM 380 80 8:00 AM 8:45 AM Princeton 8:00 AM 9:00 AM 684 209 9 9W New Castle 206 Ossining New City Monroe 40 minutes New Jersey Pearl River 287 45 minutes 1 hour Wayne 287 Greenwich Port Chester Chester 10 West Orange Livingston Nutley Bloomfield Belleville 24 Mendham Madison Washington Township South Orange Village, Tow Millburn Irvington Maplewood Summit Union Hillside 78 287 Scotch Plains Clinton Roselle Westfield Cranford Plainfield North Plainfield 78 22 78 Brooklyn 278 Bayonne 678 Jamaica Elmont Garden City Floral Park 24 Franklin Square West Hempstead Piscataway 287 222 1 Edison Hamilton 27 9 206 1 95 Ringoes North Massapequa Massapequa Massapequa Park Seaford Long Beach Perth Amboy KEY: International States and Provinces Sayreville North Brunswick 27 Levittown Carteret New Brunswick Voorhees East Meadow Fords Somerset Hillsborough 24 Hempstead Uniondale North Bellmore Wantagh Roosevelt Bellmore Freeport Merrick Rockville Centre Baldwin Lynbrook Oceanside Valley Stream Deer Park Bethpage Woodbridge 287 South River East Brunswick Old Bridge New York 295 New York 78 Mineola 495 Plainview 278 Avenel Iselin Colonia 222 Flemington 278 Linden South Plainfield Somerville 495 Hicksville Woodmere Rahway 22 Bridgewater Syosset 495 27 Branchburg Huntington Station Port Washington 295 Union City Jersey City 1-9 Elizabeth 278 95 Warren 22 Secaucus 1 78 78 East Northport Glen Cove Bronx North Bergen West New York Hoboken Berkeley Heights Bedminster 78 95 87 95 9 78 New Rochelle 95 Newark 78 Bernardsville 22 1 Yonkers Cliffside Park 3 Kearny Orange East Orange Rutherford Lyndhurst North Arlington 280 24 31 57 Pennsylvania 21 Montclair Morristown 206 Allentown Fort Lee Palisades Park 3 46 Harrison Mamaroneck 95 Clifton Passaic 80 Mount Olive Hackettstown 46 80 46 9W Teaneck Englewood Hackensack Lodi 80 Garfield 46 Franklin 10 Dumont New Milford Bergenfield Mount Vernon Elmwood Park 80 46 Dover 46 Whitehall Eastchester Paramus Paterson 80 209 Belvidere Montville 80 Jim Thorpe 476 White Plains Ridgewood Hawthorne Fair Lawn Hopatcong 80 Hope Bethlehem 1 Scarsdale 87 Blairstown 209 22 Stamford 287 9W 209 476 Darien 684 Orangetown Wyckoff 15 22 9 15 Sparta State 9 Hazlet Middletown 1 130 State Highways 123 US Highways 123 Interstate Highways 123 Princeton Pennington Toll Roads 206 Doylestown 9 Tinton Falls Long Branch 95 -BR 422 Manalapan 1 Lansdale 422 Mercerville 130 Trenton 95 Freehold New Jersey 95 295 -BR Drive Time Radius: 60 Minute DriveTime Ewing 476 Pottstown 95 87 Nanuet 206 Stroudsburg 209-BR Phillipsburg Easton 287 Mahwah Newton Westport Norwalk Spring Valley 287 87 15 7 New Canaan 1 87 476 209 9W West Milford 209 209-BR 7 Connecticut 87 36 minutes 8:40 AM Hackettstown Peekskill 30 Minute DriveTime Asbury Park 9 Hamilton 195 1 195 10 Minute DriveTime West Babylon North Babylon West Islip Lindenhurst Copiague

SHUTTLE SERVICE

PARKING PARKING RATIO: 4.5 / 1,000

WORKING AERIAL SITE PLAN

WORKING SPECS

GROWING STACKING PLAN UP TO 440,398 RSF AVAILABLE 76,874 SF THIRD FLOOR SECOND FLOOR 71,004 SF STACKING PLAN UP TO 440,398 RSF AVAILABLE CONFERENCE CENTER CAFETERIA FITNESS CENTER ATRIUM COFFEE BAR CIRCULATION RESTROOMS CONFERENCE CENTER CAFETERIA FITNESS CENTER ATRIUM COFFEE BAR CIRCULATION RESTROOMS FIRST FLOOR 71,859 SF 77,868 SF 72,454 SF AMENITIES GROUND FLOOR 44,936 SF

GROWING GROUND FLOOR MULTI TENANT 44,936 RSF AMENITIES Tenant 44,936 RSF

GROWING FIRST FLOOR MULTI TENANT SOLUTION #1 COFFEE BAR Tenant 2 71,859 RSF Tenant 1 72,454 RSF

GROWING FIRST FLOOR MULTI TENANT SOLUTION #2 COFFEE BAR Tenant 2 48,136 RSF Tenant 1 72,454 RSF Tenant 3 28,724 RSF

GROWING FIRST FLOOR MULTI TENANT SOLUTION #3 COFFEE BAR Tenant 2 39,178 RSF Tenant 1 72,454 RSF Tenant 3 32,681 RSF

GROWING SECOND FLOOR MULTI TENANT SOLUTION Tenant 2 40,004 RSF Tenant 1 77,868 RSF Tenant 3 31,000 RSF

GROWING THIRD FLOOR MULTI TENANT SOLUTION #1 Tenant 1 76,874 RSF

GROWING THIRD FLOOR MULTI TENANT SOLUTION #2 Tenant 1 53,661 RSF Tenant 1 23,213 RSF

GROWING THIRD FLOOR MULTI TENANT SOLUTION #3 Tenant 1 42,403 RSF Tenant 1 34,471 RSF

GROWING SECOND FLOOR TESTFIT 146,710 RSF

INCENTIVES ECONOMIC INCENTIVES Potential incentives for a company occupying 200,000 square feet and employing 800 workers in an industry with salaries higher than the county average: