PROPERTY OVERVIEW. Contents. Horizon Corporate Center. Bucks County, PA SECTION 4. TRANSPORTATION & AMENITIES

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1 PROPERTY OVERVIEW Contents SECTION 1. SECTION 2. INTRODUCTION DESCRIPTION Horizon Corporate Center Bucks County, PA SECTION 3. FLOOR PLANS SECTION 4. TRANSPORTATION & AMENITIES SECTION 5. DEVELOPMENT TEAM

2 Introduction Horizon Corporate Center is located in the center of the most diverse and densely populated labor market in the Northeast Corridor. This is due to Horizon s s unique position between major educational, commercial and residential powerhouses, such as Princeton, Philadelphia and Central Bucks and Montgomery counties. Property Description Horizon Corporate Center is designed to be a leading edge suburban campus consisting of 101 acres located at the intersection of U.S. Route 1 and the Pennsylvania Turnpike in Trevose, Bucks County, Pennsylvania. The site boundaries are U.S. Route 1 to the east, the Pennsylvania Turnpike Interchange #25 to the south, Rock Hill Road to the north and Old Lincoln Highway to the west. Horizon Corporate Center, Phase I, is fully approved. Development will commence in the Fall, 2002 with March, 2003 targeted as the official date of completion. Horizon Corporate Center offers dual power availability, Planned Commerce Park zoning (which allows for office or retail R&D), and superb landmark visibility and building signage. Horizon is also directly accessible by Philadelphia s public transportation system and is situated minutes from 3 of the airports in the region. The site has its own dedicated slip ramp to the PA Turnpike as well as immediate access to U.S. Route 1 and is minutes from I-95, Route 276 and the New Jersey Turnpike. The Horizon Center not only provides a state-of-the-art facility for businesses operating in a technologically advanced environment, it also caters to the varied work and lifestyle needs of people. O Neill Properties is committed to providing a Class A state-of-the-art office environment to you, your employees and your company.

3 Introduction Specializing in the construction and leasing of high quality, high-tech, cost- effective, state-of of-the-art commercial office space, O Neill O Properties has offices in Philadelphia, Pennsylvania, Boston, Massachusetts and Washington, D.C. Ownership Hampton Buck County 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 office buildings. Currently, O Neill is developing over four million square feet of office space in the Greater Philadelphia area and has developed and sold over a million square feet of office space in Greater Boston market to the Harvard Business School. The O Neill strategy is to identify and acquire property situated 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 Pharmaceuticals, Telecommunications, Health Services, 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 Front Entranceway Phase I of the Horizon Corporate Center consists of a 127,000 square foot Class A building situated on one of the site s premier locations. At 150 feet above sea level, the Phase I structures allow for excellent signage and visibility from US Route 1 and the Pennsylvania Turnpike..

5 Introduction Access Horizon Corporate Center provides exceptional access to highways and public transportation. PA Turnpike (Route 276) is ¼- mile away Direct connection to US Route 1 and Street Road Interstate 95 within minutes SEPTA Bus Lines stop at site SEPTA R-3 Rail Line is one mile away Amtrak is within minutes Location Horizon Corporate Center is located adjacent to the intersection of the Pennsylvania Turnpike and U.S. Route 1 in Bensalem Township, Bucks County, Pennsylvania and is easily accessible from Princeton, Central Bucks, Montgomery and Burlington counties. Three major roadways provide exceptional regional and local access to the Horizon Corporate Center. The Pennsylvania Turnpike connects Horizon to King of Prussia to the west and to Trenton, New Jersey via the New Jersey Turnpike to the east. U.S. Route 1 connects Horizon to Princeton, I-95 and New York City to the north and Philadelphia to the south. Street Road (Rt. 132) connects the site to I-95 South and Philadelphia and Washington, D.C. The site also has a dedicated slip ramp onto the Pennsylvania Turnpike.

6 Introduction Program Description Horizon Corporate Center is a 101-acre tract of land located at the intersection of U.S. Route 1 and exit 28 of the Pennsylvania Turnpike in Bucks County. The boundaries are U.S. Route 1 to the east, Rock Hill Road to the north, Old Lincoln Highway to the west, and the Pennsylvania Turnpike to the south. Zoning for this site has been fully approved to allow up to 3,000,000 square feet of building under the Planned Commerce District. The zoning ordinance provides that up to 35% of the site may be developed for retail/hospitality use; the remaining 65% may be used for a broad spectrum of office and/or research purposes or the site can be developed for 100% office use. The zoning provides for a maximum building height of 15 stories, impervious coverage of 75% and 4.5:1,000 parking ratio. This zoning envelope allows for the only high-rise office development along the Pennsylvania Turnpike. The site is development-ready. Zoning has been fully approved for up to 3,000,000 square feet of building as a Planned Commerce Park District. All utilities are available to the site, including Bell Atlantic fiber-optic, dual electric feed, sewer, water and gas provided by PECO. The site lends itself well to a combination of on-grade and structure parking, as a result of the gentle sloping topography from U.S. Route 1 to Old Lincoln Highway. Phase One of the development is approximately 44 acres, which includes a 127,000 rentable square foot, four story office building, a 140,000 rentable square foot office building and three national restaurant chain pad sites.

7

8 Description Neshaminy Mall Northbrook Corporate Center Rockhill Road Old Lincoln Highway Horizon Corporate Center US Route 1 PA Turnpike Exit 28 Interchange PATurnpike Horizon Corporate Center is a 101-acre tract of land located at the intersection of U.S. Route 1 and exit 28 of the Pennsylvania Turnpike in Bucks County. The site is bordered by U.S. Route 1 to the east, Rock Hill Road to the north, Old Lincoln Highway to the west, and the Pennsylvania Turnpike to the south. Site Horizon Corporate Center occupies a prominent position within the Lower Bucks County office market. Proximity to the area's major road systems, public transportation system, regional malls and associated amenities, along with its prominent elevation, make Horizon Corporate Center a landmark location.

9 Description The lobby of the building will feature wood paneled walls, sculptured drywall ceilings, granite flooring, and hi-tech lighting fixtures. Architecture The legendary Philadelphia architectural firm Vincent Kling, Associates, designed the original building of approximately 127,000 SF. The four-story building features a reinforced concrete frame trimmed with pre cast concrete detailing accented with brick and vertical windows. Our new design concept for the renovation of this building will include removing the brick panels down to the pre cast grid and installing new 1 insulated blue-green tinted windows floor to ceiling in all of the window bays. We also are providing for a two-story glass entrance lobby at the front and rear of the building. The interior of the building features an expansive lobby taking advantage of breathtaking views over the Bucks County countryside. This lobby will feature wood paneled walls, sculptured drywall ceilings, granite flooring, and hi-tech lighting fixtures and detailing throughout. The building will feature three high-speed elevators carrying users from the garden level to the fourth floor as well as three fire-rated exit stairways. The building will be 100% sprinklered according to NFPA designs, as well as contain state of the art HVAC heat pump system throughout. The floor plates lay out perfectly for single or multi-tenant use with centralized restrooms and building core services.

10 Summary Fact Information Horizon Corporate Center Leasing Information Construction Features Engineering and Technological Features Amenities Project Name Structure HVAC System Restaurants Horizon Corporate Center Reinforced Concrete Structure Water Source Heat Pump Hotel On-Site 3740 Lincoln Highway Exclusive Day Care to Horizon Tenants Trevose, Pennsylvania Column Spacing Electric System Full Fitness Center 22 x 25 & 22 x /480 volt, 3 phase power Room Service Building Size GBA: 127,641 Ceiling Height Fiber Optics RSF: 123, Available to site through multiple suppliers Retail 14 private/public golf courses nearby Number of Floors Curtain Wall Elevators 4 Floors Kawneer 1600 Series FPM 4500 lbs Capacity Site Window System Hydraulic 101 Acres Kawneer 451T Thermal Sprinklers Zoning Mullion Spacing Full sprinkler system Planned Commerce Park 25 bays & 5 22 bays Roof System Floor Plates General Contractor EPDM Fully Adhered Approx. 30,977 Square Feet TBD MEP Engineer Parking Schedule GSA Consulting Engineers 4.5 per 1000 To Begin Summer, 2001 Architects Thomas E. Hall & Associates, Inc. Available for Tenant Fit-out Winter, 2002

11 Floor Plans Garden Level First Level

12 Second and Third Level Floor Plans

13 Transportation & Amenities Horizon Corporate Center provides exceptional convenience for automobiles. Transportation Auto Access Located near the intersection of U.S. Route 1, Pennsylvania Turnpike Interstate 276 and Route 132, Horizon Corporate Center provide exceptional convenience for automobile access. It is also one-quarter mile from exit 28 of the PA Turnpike and Street Road (PA Route 132). Neshaminy Mall Northbrook Corporate Center Old Lincoln Highway Rockhill Road Horizon Corporate Center US Route 1 PA Turnpike Exit 28 Interchange PATurnpike

14 Mass Transit Connections Transportation & Amenities SEPTA R-3 (Neshaminy Falls & Trevose stations located within one mile) connects from Center City, Philadelphia to Trenton, New Jersey. The Amtrak Northeast Corridor Rail Line connects Boston, New York City, Princeton, Philadelphia, Baltimore and Washington, D.C. Trevose Station R3 to Trevose Station

15 Transportation & Amenities Bus Transportation Local bus transportation for commuters is available through SEPTA bus lines #14 and #130, making connections between Philadelphia and Northeast Philadelphia directly to Horizon Corporate Center.

16 Transportation & Amenities Local Amenities: On-Site Amenities: 40,000 SF Full Service Fitness Center Child Care Restaurants (Sit Down/ Fast Food) Hotel and Conference Facilities Bank

17 Development Team O Neill Properties has assembled a highly- qualified project team to ensure that exceptional quality standards are delivered. Owner: Chairman: Hampton Bucks County Associates, L.P. J. Brian O Neill Chief Operating Officer: Patrick J. McCormick Project Principle : Stephen Corridan Project Manager: Leonard S. Poncia Project Coordinator: Kimberly E. Mahan Land Planner: Michael T. Trio Architect: Thomas E. Hall & Associates

18 Development Team J. Brian O Neill has been developing properties for more than 20 years. In 2000 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 or 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. Led by Chairman J. Brian O Neill, O Neill Properties constructs new, technology-driven 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. 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. O Neill works in partnership with the local community to ensure that the development meets the economic, social, and environmental needs of all parties involved. The commitment to a project s success and to each tenant s satisfaction is total and long-term. 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. O Neill s projects are home to Fortune 500 companies and the most exciting and successful new economy enterprises.

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