1375 Kings Highway

Address: 1375 Kings Highway Fairfield, CT 06824

Date Acquired: January 2008

Location Description:

Located at the intersection of I-95 and Black Rock Turnpike, the property is directly adjacent to the future site of Fairfield County’s newest Metro North rail station, Fairfield Metro Center. The site features superb vehicular access, impressive local demographics and a strong level of tenant demand flowing north from southern Fairfield County.

Building Description:

Constructed in 1983, 1375 Kings Highway is a recently refurbished, 29,454 square foot, free-standing office building.

Major Tenants:

Wicks Business Information
Holahan, Grumpper & Dowling
GEICO

Investment Rationale:

Continue to sustain the property’s historically high level of occupancy by actively maintaining the quality of the building and property management services while simultaneously capitalizing on the growth of market rent due to the northerly flow of tenant demand and the building’s direct proximity to the southbound side of future Metro North train station, which is expected to deliver in January of 2010.