OVERVIEW

Dulles Station West is a premier mixed-use, multi-phase planned development on the Washington Dulles Toll Road in Herndon. Dulles Station West is a two-building, 540,000-square-foot office complex distinguished by both the superior visibility it offers tenants and the unique pedestrian-friendly retail environment in which it is embedded. The first phase of this landmark development is now under construction and will be complete in early 2007. This six-story, Class A office building will contain 180,000 square feet and overlook the Washington Dulles Toll Road. Phase II will include a 12-story, 340,000-square-foot trophy office building with structured parking. Other highlights for Dulles Station West include: * The project is adjacent to the future Metrorail exit, providing tenants public transportation access to amenities such as Dulles International Airport, Reston Town Center, Tysons Corner, and Washington, D.C. * Due to the project's commanding position surveying the Washington Dulles Toll Road, future tenants of Dulles Station West will enjoy unparallel corporate visibility and signage. * Dulles Station West, a true lifestyle environment, is housed in a neighborhood of luxury residences, retail shops and signature restaurants. The entire Dulles Station complex is a 63-acre master-planned park, offering over 1.5 million square feet of office space, approximately 1,100 apartment and residential condominium units, and 80,000 square feet of first class ret