ACQUISITIONS & DEVELOPMENT

Vornado/Charles E. Smith's Acquisition and Development Team has extensive experience in developing and redeveloping some of Washington’s most distinctive office buildings resulting in over 20 million square feet. Vornado/Charles E. Smith’s experience includes a wide range of redevelopment projects ranging from a building renovation to a full scale redevelopment involving complex historic preservation.

We are actively seeking acquisition and development opportunities in the Washington metropolitan region, including:

1. Aquisitions of properties 200,000+ square feet
2. Property portfolios
3. Ground-up development of sites 150,000 square feet or greater
4. Acquisition of properties or sites with expansion, renovation or other value-creation potential

And we offer several advantages to owners, including:

1. Flexible structures-- cash, unit swaps or joint ventures 
2. Prompt review and quick response 
3. Focus on long-term ownership and value creation

Acquisitions Track Record
Within the past four years, the Vornado/Charles E. Smith Team has acquired over 1.4 million square feet of high quality space in key submarkets, including:
   1)  Tysons Dulles Plaza (475,000 square feet)
   2)  Commerce Executive Plaza (412,000 square feet)
   3)  Reston Executive Plaza (487,200 square feet)
   4)  Fairfax Square (543,000 square feet)

Development Track Record (Case Studies)
Potomac Yard Case Study
Build-to-Suit Case Study
Redevelopment Case Study

CONTACT:
Ernie Wittich
Vice President, Acquisitions
Ernest.Wittich@cescr.com