Qualifications Package for Avis Budget Group

YOUR PROJECT TEAM

The Cushman &Wakefield Project Team is the most dominant and experienced tenant representation team in the market. The Project Team has completed — or are in the process of finishing — 10 headquarters transactions in the Parsippany area ranging from 102,224 SF to 345,488 SF. The Project Team has completed 70% of all headquarters transactions in the Parsippany market since the end of 2016, and Cushman &Wakefield has represented 75% of all tenant representation transactions 100,000 SF+ in Parsippany since 2016. All office transactions 150,000 SF+ in the Parsippany market have been represented by Cushman &Wakefield (since 2012) .

MARC ROSENBERG Executive Vice Chairman Brokerage Services • Over 34 years of agency and tenant representation work in NJ • Daily point of contact with Ed Duenas for negotiations, proposals & market tours

EDWARD DUENAS Executive Director Brokerage Services • 24 years with Cushman & Wakefield • Daily point of contact with Marc Rosenberg for negotiations, proposals & market tours • Successful Tenant Representation practice coupled with Agency experience, completing millions of SF of transactions • Member of Cushman & Wakefield’s Tenant Advisory Group

ANDREW MERIN Executive Vice Chairman Capital Markets • Over 40 years of NJ Real Estate experience

BRIAN CASS Director Brokerage Services • 22 years of brokerage experience • Over 5,000,000 SF of transactions in both office, flex and warehouse product types • Significant experience in both tenant representation and landlord representation

• Strategic Oversight

• Leverage capital market knowledge to understand capital stack, financing, etc. of potential landlords

• Has completed over 15 MSF of transactions in Morris County

• Has represented AT&T for over 27 years throughout the East Coast

• 2019 NAIOP NJ’s Lifetime Achievement Award recipient

TECHNICAL/ANALYTICAL SUPPORT

RUDDYNA ROLDAN FINANCIAL ANALYSIS

JOHN DATTOLI PROJECT MANAGEMENT

CHRISTA DILALO MARKET RESEARCH

JANE ORLIN INCENTIVES PRACTICE GROUP

RACHEL CASANOVA WORKPLACE INNOVATION

Parsippany Area Market Dominance Completed Tenant Representation Leases within 15-mile radius of Parsippany – 10,000 sf+ (2017-Present)

Parsippany Area Market Dominance Tenant Representation within 15-mile radius of Parsippany, leases 10,000 sf+ (2017-Present)

NJ Capital Markets Team Morris County Stats 49 office transactions 15.9 MSF valued at $1.9 B

1,200,000

C&W

10%

In Process

1,000,000

1%

JLL

2%

406,479

4%

Avison Young

800,000

5%

CBRE

600,000

NKF

6%

53%

774,885

Garibaldi

400,000

7%

Van Houten

200,000

Garden State Realty

12%

166,438

148,739

Other

97,273 93,551 67,099 56,580 31,160 18,798

0

C&W JLL Avison Young

CBRE NKF Garibaldi

Van Houten

Garden State Realty

Other

2 | AVIS BUDGET GROUP