On June 15, 2006, Penguin Lincoln, L.P. purchased 420 Lincoln Highway, Falls Township, PA.

The property is strategically located in Lower Bucks County, Pennsylvania. The Lower Bucks County office market is one of the healthiest office markets in the Philadelphia suburbs. The property consists of one two-story Class A office building comprising 51,384 square feet. Lincoln Corporate Center was built in 1990, improved as a corporate headquarters facility in 1997 and converted to a multi-tenant office building in 2000. The site is 6.72 acres. There are 323 parking spaces available for the Office building tenants. The building is in excellent condition. Designed as multi-tenant occupancy, the property features are corporate headquarters quality.

This property is within 3 miles of our 2050 & 2080 Cabot Boulevard property. The property occupies an outstanding, highly visible location with frontage on Lincoln Highway. I-95 and Route 1 access ramps are within 3 miles of this property. We have five tenants occupying 100% of the available office space.

Penguin Real Estate Investors, LP