NEW HEADQUARTER DEVELOPMENT: THE KEY TO SUCCESS THE CAMPUS FOR YOUR CULTURE

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1 NEW HEADQUARTER DEVELOPMENT: THE KEY TO SUCCESS THE CAMPUS FOR YOUR CULTURE

2 TABLE OF CONTENTS CORPORATE HEADQUARTERS REDEVELOPMENT OPPORTUNITY AMENITY-RICH ENVIRONMENT IDEAL LOCATION DEDICATED OWNERSHIP CASE STUDIES

3 1 CORPORATE HEADQUARTERS REDEVELOPMENT OPPORTUNITY

4 KEY FACTORS FOR A SUCCESSFUL NEW HEADQUARTERS DEVELOPMENT Experienced development team Construction Management Regulatory & permitting experience Clear path to occupancy Critical site infrastructure in place Site flexibility Zoning approved for by-right use Growth & expansion capabilities Create corporate campus image On-campus amenities } } Design and construction capabilities to meet your company culture

5 EXISTING INFRASTRUCTURE SITE CAPABILITIES Water for injection &clean steam The facility has the capability of producing 3,000 gallons per hour of distillate, or 72,000 gallons per day. The entire Mueller MES system utilizes 316L stainless steel piping and components throughout the associated distribution system. Potable water The campus has two water supply lines from the town, one of which exclusively services the property s fire protection and life safety system. Plant steam and condensate The campus utilizes a central high pressure steam plant for building heat, humidification and process related heating requirements for WFI still and clean steam generation. Total capacity of the steam plant is approximately 69,000 lbs of steam per hour operating at 120 PSI. Plant chilled water system Chilled water is supplied throughout the site utilizing a centralized chilled water plant. This system is automated using a tour Andover controls BMS. Major components are 3 centrifugal chillers, 3 cooling tower cells and 2 plate and frame heat exchangers for free cooling operations for temperatures <45º F. The total capacity of the system is 4,150 tons. Nitrogen Liquid nitrogen is supplied by a 6,000 gallon storage tank (leased). The liquid nitrogen is fed to a dual tower evaporator prior to being diverted to multiple distribution branches. Compressed air The capacity of the system is 1,380 CFM with an average load of CFM. The two compressed air units have integrated MD dryers on the discharge air stream. Utility electrical system The campus has one main electrical feeder from national grid supplying 13,800 volt, 400 amps to a centralized switch yard, which is then distributed to building specific electrical rooms. Emergency back-up systems Life safety electrical system kw diesel fuel generator. Simplex fire monitoring &alarm system Simplex 4100U Multi Node fully addressable system. DATA Dual data feeds to the site 100 MB primary and 42 MB secondary Sonnet Ring OC3, with DSL line as back-up. Process waste water neutralization There are 2 ph waste treatment facilities on site. Building 3 The system consisted of a 975 gallon primary holding tank and 945 gallon neutralization tank (currently decommissioned). Building 12 - ph treatment facility consisting of an 800 gallon holding tank which cascades into a 400 gallon treatment tank. The system is designed for 18 GPM of flow.

6 POTENTIAL DEVELOPMENT & EXPANSION OPPORTUNITY 66.4 Acre corporate campus Clear pathway to occupancy Robust existing infrastructure Opportunity Expedited for expansion permitting Up to 750,000 SF of development opportunity Office Lab Bio-tech Manufacturing Distribution

7 2 AMENITY-RICH ENVIRONMENT

8 DESIGNED TO ENGAGE YOUR EMPLOYEES Fitness Center Cafe On-site Daycare Running Trails Community Courtyard Tennis Courts Fire Pits Dog Park Kayak Launch

9 A THRIVING COMMUNITY Northborough Crossing 9 20 I-4: 4.5 miles Commuter Rail: 2 min. shuttle 1 hour train ride from South Station Close proximity to: I-90, I-4 & I- 20 Golf Course 12 MIN. WALK TO COMMUTER RAIL 9

10 3 IDEAL LOCATION

11 Bev Billerica Ayer Wilmington Littleton TALENT FROM EVERY DIRECTION Harvard Bedford Boxborough Lancaster Acton Stow 4 Berlin Maynard Reverse commute Hudson 190 Sudbury Waltham from Boston Marlborough 35 miles Wayland Framingham Northborough 9 Natick 9 Shrewsbury Westborough 290 Commuter Ashland Rail 90 Hopkinton Grafton Millbury Upton minute shuttle 4 Milford Sutton Holliston Commuter Rail Weston Wellesley 9 I-4, I & I- Needham 4 minute bike ride 12 minute Medway walk Everett Nahant Revere Chelsea Charlestown E. Boston Winthrop BOSTON Jamaica Plain Dorchester Mattapan Hyde Park Hull 93 3 Dedham Dover 1 Malden Roxbury Roslindale West Roxbury Commuter Sherborn Rail Melrose Swampscot Brighton 90 Newton Close proximity to 90 Southborough frommedford South 2 Arlington Station Som erv ille Cam Belmont brid ge Watertown Allston Lynn Saugus Winchester 1 HR 93 train ride 128 Lincoln 290 Boylston Salem Marbl Concord Lexington Bolton Wakefield 128 Woburn 2 Sterling W.Boylston Burlington Ston eha m 190 Peabody Carlisle 2 Bro okl ine Leominster Lynnfield Reading Quincy Milton Westwood Hingham 1 Medfield 93 Norwood Millis Braintree Weymouth Randolph Canton 3 Holbrook le eda Hop Walpole Stoughton Avon Rockland Abington H

12 4 IN GOOD COMPANY (100,000+ SF COMPANIES) Westborough 290 BOSTON

13 WHY WESTBOROUGH Westborough highlights Vibrant town center currently boasts 21 restaurants and more than 50 retail shops 14th Best Place to Live in the U.S. by Money Magazine in in every 10 jobs in MA are located in the 4/MetroWest region Access to commercial rail for industrial land More than 90% of the town is served by public water and sewer Cost advantage: The town of Westborough has a single tax rate; businesses do not pay a higher rate than residential properties. This offers a significant savings in the cost of doing business in Westborough. Westborough has the fifth largest commercial tax base percentage in MA. Location: Westborough is positioned between Boston, Worcester and Providence and able to draw clients, workers and collaborators from throughout eastern and central MA, RI and southern NH. The community has attracted high technology manufacturing and corporate headquarters as well as a wide mix of other commercial enterprises. Topsfield 3 4 Groton Tewksbury Hamilton Essex Westford Middleton Gloucester Wenham Lunenburg Chelmsford North Reading Danvers Manchester-by-the-S Shirley Ayer Beverly 4 Billerica Wilmington Peabody 93 3 Lynnfield ster Littleton Carlisle Reading 2 Marblehead Harvard Burlington Wakefield Salem Bedford Lancaster Boxborough 2 Acton Woburn Lynn 4 Stoneham ng Concord Saugus Melrose Swampscott 3 93 Lexington Winchester 2 Bolton Stow Maynard Lincoln Medford Malden Arlington 2 Revere Nahant Clinton Everett Chelsea Berlin Somerville Hudson Sudbury Waltham Belmont Chicago st ston Wayland Weston Winthrop Watertown Boylston Marlborough Newton Northborough Framingham Boston Brookline 90 Southborough Wellesley 93 Shrewsbury Natick Hull Needham Westborough Ashland Dedham Quincy Milton Cohasset Sherborn Dover 90 Hopkinton Westwood Hingham Grafton 4 Weymouth 93 Holliston Braintree Scituate 3 Medfield Norwood Randolph Upton Millis Canton 24 Norwell Milford Medway This Holbrook map compares the Chicago Metropolitan Area to the Boston Metropolitan Area and shows Chicago Metropolitan area that the distance from Boston to Westborough is Approx. 10,856 Square Miles not vast compared to larger metropolitan areas. Westborough is 30 miles from Boston. Boston Metropolitan area Approx. 4,674 Square Miles Transportation: As the only town in MetroWest where three major cross-state highways intersect at different points, Westborough s location is at the center of it all. In addition to the Worcester Turnpike (Route 9), the Massachusetts Turnpike (I-90) and I-4, the region is well connected by rail and highway to the ports, airports, and intermodal facilities of Boston and Providence. The Town offers shuttle service to and from the Westborough MBTA station and local office parks. Additionally the Worcester Regional Transit Authority provides service to key areas around town including the various business districts. Data courtesy of the Town of Westborough

14 BUSINESS AND ECONOMIC DEVELOPMENT Westborough Economic Development Committee The Westborough Economic Development Committee aims to strengthen the community by retaining, expanding, and attracting businesses to Westborough through the coordination of resources, financing, and incentives. Their goal is to provide technical and community relations assistance for companies seeking to invest or grow in the area. Some of their services include: Providing community data Facilitating dialogue between business representatives and municipal/state agencies Navigating through the permitting process Negotiating tax incentive agreements Coordination of public announcements (grand openings, press releases, etc). Business Outreach program The Westborough Economic Development Committee offers a Business Outreach program where members from the business community can meet with the Town Planner, Town Manager, Economic Development Coordinator, and others to discuss their business needs, growth and relocation plans, hurdles they need to resolve, or even just to check-in on what services the town may provide to help their business grow and thrive. Tax Incentive program Westborough is focused on retaining and expanding its commercial tax base, increasing job opportunities, and improving the quality of life in their neighborhoods. In collaboration with the Massachusetts Office of Business Development, the State and Town may offer incentive programs to encourage business growth through tax relief on the incremental value of property investments and improvements as well as job creation. The Economic Development Committee will guide you through the Commonwealth s Economic Development Incentive Program. Strong workforce With an unemployment rate of 3.4% as of August 2015 (4.7% in MA), it is no surprise that Westborough has such a strong, well-educated workforce. Over 64.3% of residents hold a bachelor s degree or higher (53.2% for region). Westborough s outstanding workforce has helped to diversify the local economy and grow jobs. Companies engaged with the Economic Development Committee report growth of 2,192 jobs from January to October The following industries increased employment by: Life Science Jobs 33% Technology 28% Manufacturing 18% Data courtesy of the Town of Westborough

15 4 DEDICATED OWNERSHIP

16 DEDICATED OWNERSHIP Formed in 1972, Atlantic Management Corporation (AMC) has a long history and proven track record of successful projects. AMC sets out to find sites where there has been missed opportunity, whether through mismanagement, underutilization, or visualization of new and creative ways to solve problems. A large part of AMC s success is due to the long-lasting relationships forged over the years through numerous successful projects with tenants, contractors, brokers, and financial institutions. In addition to the aforementioned connections made over the years, AMC endeavors to create meaningful relationships with the Cities and Towns where they own and develop. Atlantic Management thrives on building relationships to achieve common goals and draw on its flexibility and creativity to produce successful projects. 6+ Million Square Feet Owned & Managed in Suburban Massachusetts

17 5 CASE STUDIES Successful Headquarters Redevelopment and Expansion Projects

18 MARLBOROUGH HILLS THE CAMPUS AT MARLBOROUGH SIMARANO DRIVE 2 RESULTS WAY AVALON RETAIL 200 FOREST STREET Mixed-use redevelopment project - Marlborough, MA Purchased former 109-acre former Hewlett Packard campus. FOREST STREET Transformed campus into a mixed-use development project, benefiting the community and creating a landmark corporate destination. Home to GE Healthcare s Life Science US Headquarters. Quest Diagnostics Lab of the Future Regional Headquarters. Whole Foods Market Northeast Regional Headquarters. BBJ names Marlborough s economic turnaround among its top five real estate stories of the year in Through a shared sense of vision and collaboration between Atlantic Management Corporation and the City of Marlborough, the Marlborough Hills mixed-use Live-Work-Play-Stay development has brought about numerous civic, economic, and lifestyle benefits to visitors and residents.

19 LEXINGTON TECHNOLOGY PARK 1.1M SF redevelopment and expansion - Lexington, MA Purchased former 96.5 acre Raytheon Global Headquarters Drastically transformed campus into a leading regional destination for world-class biotechnology and technology companies. Town of Lexington endorsed a plan to expand Lexington Technology Park by 380,000-square-feet. } } The Park is now home to Shire s Human Genetic Therapies Division and soon to be home to the new Shire US Headquarters, currently relocating from Pennsylvania.

20 NEW HEADQUARTER DEVELOPMENT: THE KEY TO SUCCESS CONTACT US Tony Coskren Ed Jarosz Don Domoretsky Andrew Sherman