Gunter - Project Zephyr Proposal from Merritt

PROPOSAL FOR: GÜNTER - PROJECT ZEPHYR 5521 Research Park Drive Catonsville, MD 21228

4 LETTER FROM MERRITT 5 ABOUT MERRITT 9 BUILDING & CAMPUS AMENITIES 10 MERGE BY MERRITT 11 CAMPUS MAP

Corporate/Maryland Office 2066 Lord Baltimore Drive

Baltimore, MD 21244 Office 410.298.2600

Virginia Office 20116 Ashbrook Place, Suite 160

Ashburn, VA 20147 Office 703.858.2725

North Carolina Office 1 TW Alexander Drive, Suite 115

Durham, NC 27703 Office 919.526.0070

Florida Office 1301 Riverplace Boulevard, Suite 105

Jacksonville, FL 32207 Office 904.515.2030

LETTER FROM MERRITT

Mr. Philip Marschall Mr. Christopher Huppertz TerraLogis 1055 Howell Mill Rd, Suite 800 Atlanta, GA 30318

Re: Project Zephyr at 5521 Research Park Drive

Dear Philip and Christopher,

On behalf of Merritt Properties, we would like to express our appreciation for Günter considering 5521 Research Park at bwtech@UMBC as a potential location for their company’s future home. We are delighted by their interest and excited at the possibility of welcoming Günter to our vibrant and forward-thinking community. bwtech@UMBC is a hub where research, innovation, and technology thrive. Home to a dynamic network of industry leaders, startups, and academic partners, the park fosters an environment designed to support groundbreaking work and meaningful collaboration. Whether you’re advancing cutting-edge technologies or expanding your team’s capabilities, this is a place where bold ideas can flourish. As the landlord, we are personally committed to helping Günter find the right space and ensuring a smooth, tailored experience as they explore leasing opportunities here in Maryland. Through design, permitting, construction and occupancy, we are here to assist and provide resources. We are confident that Günter will discover not only a strong business ecosystem, but also a community and partner with a passion for progress and excellence. We look forward to learning more about Günter’s goals and working closely with the team to see how Merritt Properties, bwtech@UMBC, and other resources available through the state of Maryland can support their continued success. Please don’t hesitate to reach out with any questions or to schedule another visit – we are here to help.

Warm regards,

Elizabeth Allison Leasing Merritt Properties

Delfina Kelly

3

About Merritt CREATING HOMES FOR BUSINESSES

THE MERRITT DIFFERENCE We believe if you do the right thing, your business will prosper. Leroy Merritt, who founded our company more than 50 years ago, often completed deals on a handshake and that level of trust and respect continues at our company today. offer one of the area’s largest privately held portfolio of office, industrial warehouse and retail space. As a fully integrated developer, our in-house capabilities are expansive including site development, new construction, redevelopment, interior build-outs, leasing, property maintenance, interior design, among others. Few firms can offer such significant internal capabilities, or the streamlining and efficiencies that come with them. Since 1967, we have remained true to our mission: creating homes for businesses. Unwavering in our approach, Merritt Properties has grown to become one of the region’s leading commercial real estate development companies. Offering over 19 million square feet throughout Maryland, Florida, North Carolina and Northern Virginia, we

We build for the long-term and we manage all of our own properties. Therefore, we’ve always valued lasting relationships over short-term gain – committed to honest and fair business dealings that grow our customer relationships into long term partnerships. Most importantly, along with all of these significant capabilities, you’ll find we have the personality of a small company. In other words, we offer the sophistication and financial stability of a large company with the responsiveness and personal service you’d expect from a small one. It’s the ideal combination: outstanding expertise and a unique ability to see things from the customer’s perspective. “We were looking for a space to foster a creative and collaborative environment needed to be an iterative technology company. From leasing to design to property maintenance, the folks at Merritt have listened and accommodated our requests.”

TRACI MIGLIORSI president & ceo lotame

4

Leasing & Asset Management DIVERSE PORTFOLIO TO ACCOMMODATE ANY BUSINESS

After more than 50 years of commercial real estate development and property management, our privately held portfolio has grown to be the largest and most diverse in the Baltimore Washington region and beyond. With more than 1,300 customers and over 90 locations, the diversity of our portfolio allows us to serve virtually every type of business. But that’s only part of the story. We also bring to the table innovative thinking and a broad range of experience. Combined, they allow us to be with you every step of the way in creating your initial space, as well as throughout the growth and development of your business. From entrepreneurs to established companies, Merritt Properties has the expertise and portfolio to assure that your business will find a home in which it will thrive. Plus, we have the flexibility to accommodate your expanding needs as you grow. Our portfolio has the diversity to find a home for every business and organization, from full-scale manufacturing and distribution centers to high-tech data centers, SCIF spaces and contemporary corporate headquarters. And we’re always poised to meet your next location requirement. Collectively, our portfolio, our financial strength and our commitment to customer service assure that our customers find the right place for their businesses to call “home.”

Our Capabilities

Development

Leasing & Asset Management

Property Management

Construction Services

Green Building

Commercial Interiors

Land Entitlement And Rezoning

Site Development

New Construction

Redevelopment

Interior Build-Outs

Leasing

Property Maintenance

Financing

Accounting

Marketing

5

Customer Service A CULTURE OF CUSTOMER FIRST

MORE THAN STANDARD PROPERTY MANAGEMENT At Merritt, we consider your business our busi ness. With us, you get more than a space for your company. You also get a team of experienced professionals dedicated to providing personal ized and flexible service. Our business philosophy — one that always puts the customer first — is the foundation on which Merritt has been built, and our unconventional, people-oriented style has led to our long-term success. Unlike most developers today, we don’t use third-party management firms. Instead, our dedicated Customer Service team manages all of our properties and is available 24 hours a day. This way, we can guarantee that your business will always receive the high level of service that you deserve. Understanding that maintenance issues can be disruptive, we’ve invested in training and technol ogy that allow us to respond quickly, keeping you focused on your business. While many compa nies promise a response within 24-48 hours, our average on-site response time is just 3 hours — with 70% of all issues resolved within the same day. And, with a field team experienced in construction, roofing and HVAC, we are often able to resolve customer concerns directly.

»

Skilled team of 45 field and six office personnel handling all aspects of customer service

» Customer Service team’s average tenure with Merritt is more than 11 years

»

24-hour on-call service

» Computer tracking of all customer requests to ensure timely response and resolution

» Non-emergency online Customer Service Request System

»

In-house HVAC and roofing teams

»

Investment in continuing education programs for Customer Service employees, ensuring that we are able to assist customers in navigating complex issues

6

Interior Build-Outs MASTERING THE INSIDE JOB

In our view, an interior space is more than a place where you do business, it’s a reflection of your business, culture and values. It’s our job to best capture

Build-out Experience

Corporate Offices | Headquarters

the essence of your business in developing your interior space.

Corporate Cafeterias

Corporate Fitness Centers

Merritt has a dedicated team focused specifically to design and construct these projects. We understand that both quick turn-arounds and working in occupied spaces call for a group of professionals that is in constant communication with its customers. It’s our job to keep projects moving at a brisk pace while complying with the highest standards of cleanliness and professionalism. Our interior construction portfolio includes office, warehouse, restaurant and retail, along with highly technical space such as SCIF, data centers, network operations centers (NOCs), tactical gun ranges and robotic manufacturing facilities. Companies focused on environmental stewardship will find that our green building capabilities are truly exceptional, having guided several customers through interior designs based upon LEED for Commercial Interiors standards. From new, contemporary interior construction to historical warehouses converted to office and retail spaces, our expertise will transform your space to reflect your vision.

Dining | Restaurants

Commercial Kitchens

Fitness Clubs

Swimming Pools

Common Areas

Classrooms | Gymnasiums | Playgrounds

SCIFs

EMSEC | Tempest Rooms

State-of-the-Art Conference Rooms

Data Centers and NOCs

Training Rooms

Surgical Suites

Food Processing

Shooting and Tactical Gun Range

7

BUILDING & CAMPUS AMENITIES WATCH bwtech@UMBC RESEARCH & TECHNOLOGY PARK VIDEO OVERVIEW COMMUNITY LOUNGE Enjoy a shared community lounge open to all employees with collaborative seating, shuffleboard table and kitchenette, utilize this space for work meetings and gatherings. Along with the shared space, there is a micromarket in the lounge. Take a tour. MICROMARKET With dozens of food and beverage options, the micromarket offers customers quick access to snacking options. The market’s self-checkout technology allows customers to purchase items 24/7, perfect for a late night at the office or snacks throughout the day. Purchasing is as easy as finding the item(s) you want and swiping a debit or credit card. View here. BWTECH@UMBC BENEFITS As a resident company of bwtech@UMBC, your company will benefit from a host of high-tech resources and your employees will have access to abundant amenities within walking distance on the UMBC campus including: Discounted membership to the newly renovated campus Fitness Center which includes use of the indoor & outdoor pools, cardio & weightlifting areas, fitness & spin classes (for fee), per sonal training (for fee), and basketball, pickleball & badminton courts. View website.

On- campus dining facilities ( more details here ), library privileges ( more details here ) and conference facilities for rent ( more details here ).

Cultural offerings include: the Maryland Stage Company, Phoenix Repertory Dance Co., UMBC Symphony Orchestra, UMBC Fine Arts Gallery, The Albin O. Kuhn Library Gallery and frequent lectures on a variety of topics. View event calendar here.

Career services center for employers to seek talent for internships, research opportunities, etc. More details here.

Walking paths surrounding campus with direct connection from the office park.

Childcare at the Y Preschool at UMBC. View website.

Customized professional, scientific and technical training programs. Areas include: Cyber Security, Information Technology, Project Management, Engineering, Business and Leadership Development. The Government Contracting Institute, held in the Cyber Incubator at bwtech@ UMBC North, provides attendees with the knowledge and skills necessary to be successful in federal contracting. bwtech@UMBC companies receive a 20% discount on most open enrollment courses. View Cybersecurity website. View Training website.

Learn more about everything bwtech@UMBC Research & Technology Park offers here: merritt-bwtech.com

8

MERGE BY MERRITT

DELIVERING A BETTER WORKDAY Merge by Merritt is a suite of offerings provided by Merritt Properties to enhance your work experience through on-site events, on-line experiences, building amenities and personal services – all delivered through our exclusive, complimentary Merge by Merritt mobile app. At Merritt, we’ve always believed in doing the right thing and that means providing the best workplace for our customers and their employees. That’s why Merge by Merritt includes a wide variety of events and offerings designed to engage employees, build community, and increase productivity.

With this programming, we’re helping companies attract, retain, and reward talented employees who will enrich their brands and grow their businesses.

FEATURING: • community lounge and micromarket in 5521 Research Park Drive • on-site events designed with employees in mind • scheduled food truck visits • connection to various concierge services through mobile app • virtual wellness and professional development programming through mobile app

9

BWTECH@UMBC RESEARCH & TECHNOLOGY PARK

CAMPUS MAP

10

PARK PHOTOS

The Whole Family Under One Roof

In 1967, Leroy Merritt built his first company. Little did he know he was actually building a family - three distinct businesses focused on creating lifelong relationships. Today, Leroy’s philosophy is still at the core of the Merritt Companies. We come to work every day intently focused on being the kind of people Leroy would be proud of – the kind of people that put you first.