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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia Area 2,442 square feet 1,700 square feet Status For Lease Available Immediately Address 3865 Wilson Boulevard Arlington, VA 22203 Description Ballston Gateway is centrally located in the Ballston corridor, sourrounded by dense office and residential populations and a metro station. Ballston Gateway offers fantastic retail space, superb street frontage on Wilson Boulevard. Combine these elements with exciting neighboring retail and this location has an enviable pedigree. More Info Contact Jeff Handler 202.333.9066 jeff@asaretail.com

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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia Area Two Liberty Center: 3,400 SF 8,500 SF The Residences: 2,000 SF 900 SF 2,100 SF 5,000 SF Status For Lease Available Spring 2007 Type First Floor Retail Address Two Liberty Center Arlington, VA 22203 Description Liberty Center is a one million square foot mixed-use redevelopment two blocks from Ballston Metro. Once completed the development will have two Class A office buildings and a 469 unit luxury residential building. One Liberty Center is fully leased to the GSA. Two Liberty Center sits on Wilson Boulevard, directly across the street from Ballston Common Mall. The Residences at Liberty Center will consist of two 21-story luxury residential buildings with frontage on Quincy Street. More Info Contact John A. Asadoorian 202.333.9066 john@asaretail.com

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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia Area 5,600 sf;restaurant space. 2 1,500 sf in-line spaces (can be combined). 3 spaces of 1,500 sf, 1,299 sf and 3,673 sf each in office building (can be combined). Status For Lease Available Immediate Type Shopping Center Address Intersection of Routes 15 and 29 Gainesville, VA 20155 Description The Marketplace at Madison Crescent is 124,000 square foot shopping center, anchored by a 53,000 square foot Harris Teeter grocery store. Strategically located at the intersection of James Madison Highway (Route 15) and Lee Highway (Route 29), The Marketplace is the cornerstone to a larger development: Madison Crescent. When complete, Madison Crescent will contain: • 242,000 square feet of office space • 160,000 square foot hotel and conference center • 144 town homes • 60 single family homes • 12 live/work residential units More Info Contact Jeff Handler 202.333.9066 jeff@asaretail.com

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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia/ Alexandria/Old Town Area 5,642 square feet (divisble to 4,500 sf). All retail uses considered, including restaurant. Status For Lease Available May 1, 2009 Type Office Building, First Floor Retail Address 333 John Carlyle Street Alexandria, VA 22314 Description 333 John Carlyle Street is a class A office building with first floor retail. Located on John Carlyle Square, the building is just off of Duke Street, visible to heavy traffic. The heavy daytime density of Carlyle is complimented by the density of King Street Station on Duke Street and the residential buildings of Carlyle. The available area offers tenants exposure to a captive population that is underserved by retail and restaurant/cafe uses. More Info Contact Jeff Handler 202.333.9066 jeff@asaretail.com

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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia/ Alexandria/Old Town Area 1,000 sf to 70,000 sf 2 floors of retail; please inquire about details. Status For Lease Available September 2006. Type First Floor Retail Address 1900 Jamieson Avenue Alexandria, VA 22314 Description Carlyle Center is a 5 story mixed-use building with 3 floors of office (100,000 sf) above 2 floors of retail space. Spectacular space with 20 foot ceilings and flexible floorplans to accomadate a variety of uses; anchor, speciality, cafe, restaurant, etc. Retail parking at the rate of 3:1000 included. Located in the heart of Downtown Carlyle, at Carlyle Square, visible from Duke Street. Surrounded by residential towers and office buildings, including the Federal Courthouse that serves the Northern Virginia District north of Richmond and the US Patent & Tradmark Campus (7,000 employees). More Info Contact John A. Asadoorian 202.333.9066 john@asaretail.com

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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia/ Alexandria/Old Town Status For Lease Available Please inquire about availability. Address 418 Cameron Street Alexandria, VA 22314 Description Tavern Square is centrally located in Old Town, Alexandria, VA. No other neighborhood in Northern Virginia can boast such a pedigree: storied history, excellent demographics, exciting retailers and pedestrian-friendly streets. Old Town continues to draw residents and tourists alike as a popular year-round destination for shopping and dining. Tavern Square is an ideal location for banks, home furnishings, men's and women's fashions, among others. The available space has large storefront windows on highly trafficked King and Pitt Streets. More Info Contact Jeff Handler 202.333.9066 jeff@asaretail.com

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AVAILABLE PROPERTY

Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia/ Clarendon Area 1,350 SF facing Washington Blvd 2,925 SF 1st Floor 2,940 SF Basement 840 SF Mezzanine all facing Washington Blvd and 10th Rd 1,985 SF on Highland Street 3,858 SF facing Highland Street and 10th Street 5,268 SF facing 10th Street and Hudson Street Status For Lease Available Early 2007 Address Corner of Washington Blvd, Highland and 10th Streets Arlington, VA 22201 Description The Phoenix at Clarendon will be a mixed-use development consisting of an 11-story residential building and over 50,000 SF of office space on top of the newly expanded, historic Post Office. The available retail space will have an expansive window line with frontage on Washington Boulevard, Highland Street and 10th Street. Clarendon Metro is within walking distance, residential building is booming and an additional one million square feet of new office space is under construction. Join other Clarendon retailers like: Cheesesteak Factory Orvis Harry's Tap Room Whole Foods Barnes & Noble Crate and Barrel Container Store Apple Ann Taylor to name a few. The next "IT" restaurant, clothing or furniture retailer should consider this location. More Info Contact John A. Asadoorian 202.333.9066 john@asaretail.com

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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia/ Reston Status For Lease Available We currently have a variety of spaces available, from a minimum size of 943 square feet to a maximum size of 8,000 square feet. We can easily accommodate sizes in the range of 1,100 to 2,000 square feet and 3,500 to 4,500 square feet. Type First Floor Retail Address Reston Town Center Market Street Reston, VA Description South of Market (SoMa) is a 4 building complex, located in the heart of Reston Town Center. With 800,000 square feet of office space and 81,000 square feet of retail space, SoMa is the dynamic completion of the Reston Town Center core. Available spaces have abundant visibility with significant store frontage and offer the ability for inspiring design with ceiling heights approaching 20 feet. Current retail and restaurant commitments include: Anthropologie J Crew The Paper Source Mon Ami Gabi The Counter Pitango Gelato Jackson's (new restaurant from Great American Restaurants) Yet to be named restaurant from Passion Food Hospitality The Bike Lane Fidelity Investments Chevy Chase Bank More Info Contact John A. Asadoorian 202.333.9066 john@asaretail.com

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Virginia Ballston Gateway Liberty Center The Marketplace at Madison Crescent Carlyle - 333 John Carlyle Street Carlyle - Carlyle Center Tavern Square The Phoenix at Clarendon Metro South of Market at Reston Town Center Towers Crescent Washington, DC Park Place Rhode Island Place Rhode Island Station The Metropole National Place Region Virginia/ Tysons Corner Area 9,200 square feet (divisible) 16,000 square feet (divisible) 4,000 square feet 2,200 square feet Status For Lease Available Immediate. Type Office Building, First Floor Retail Website www.towerscrescent.com Address 8010 and 8020 Towers Crescent Drive Vienna, VA 22182 Description Towers Crescent is located in the heart of Tysons Corner at the Capital Beltway and Route 7. Adjacent to Tysons Corner Center, Towers Crescent commands the Tysons skyline with landmark visibility. Towers Crescent is a location that enjoys a super-regional draw. Accessible from any direction, the project enjoys a co-tenancy with Tysons Corner Center (Tysons I). When complete Towers Crescent will be a five building complex with over 1.3 million square feet of office space. Today three buildings offer close to 700,000 sqaure feet of office space in a trade area that contains close to 18 million square feet. Towers Crescent is a retail destination that offers high-quality restaurant and retail users an opportunity to take advantage of the region's lucrative demographics. More Info Contact John A. Asadoorian 202.333.9066 john@asaretail.com

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