X -- Notice of Intent to Negotiate U.S. Government Succeeding Lease for 5,410 Rentable Square Feet yielding 4,509 ANSI/BOMA office area square feet of contiguous space in Poughkeepsie, NY

General Services Administration (GSA) Lease No. LNY22920 provides 5,410 rentable square feet of office and related space in a modern Class A office building in Poughkeepsie, New York. GSA is interested in considering alternative space if relocation is economically advantageous to the Government. In making such a determination, GSA will consider cost factors including, but not limited to, the total cost of the physical move (including telecommunications and computer cabling costs); tenant improvement costs (whether included in the rent or compensated separately from the rent); and anticipated rent for the space. Other factors impacting the Government's rights under a prospective lease, such as, the length of any firm term that may be required at an alternative location, length of time necessary to deliver occupancy-ready space, and the right to terminate any space vacated during the term, will also bear. Space must be situated in Poughkeepsie CBD within the following boundaries. North: Mill Street eastward to intersection with South Clinton Street; East: South Clinton southward to Cannon Street, westward to intersection with Hamilton, southward along Hamilton to Church Street (Route 44); South: Church Street westward to intersection with Market Street, northward along Civic Center Plaza, westward to Union Street; and West: Intersection of Mill & North Bridge Streets, southward to intersection of Union & South Bridge Streets. Space must meet the Federal Government's standards for fire safety, be capable of being fully accessible to the physically challenged, and be located outside a 100-year floodplain. Space must be ready for occupancy on or before March 19, 2006. A lease term of 10 years with a firm term of 5 years is sought. Brokers or agents may represent the prospective landlord, but any properties or proposals submitted by brokers/agents must be accompanied by written evidence that they are authorized to represent the building's ownership. If you desire to submit a location for inspection, please forward information by 5:00 PM EDT, July 25, 2005. Expressions of interest should include building name and address, location of space in the building, rentable square feet offered and rentable rate per square foot (specifying services and utilities included), ANSI/BOMA defined usable square feet, percentage of common area factor used to deetermine the rentable square feet, and contact information for owner or authorized agent. Address all replies to Authorized Representative of the General Services Administration (GSA) at: The Staubach Company - Northeast, Inc. Attention: Blanche Horst 8484 Westpark Drive, Suite 150 McLean, VA 22102