Press Releases

EQUUS ANNOUNCES A 147,051 SF LEASE IN GAITHERSBURG, MARYLAND’S “DNA ALLEY”

<html xmlns="http://www.w3.org/1999/xhtml"> <head></head> <body> <p><img src="/media/a0fdedb9-d758-48af-8788-333c0bfec844/Press Releases/2016_5-23_1201 Clopper Road Lease_5-23-2016/1201 Clopper Road_jpg" /></p> <p><strong>Gaithersburg, MD (May, 2016)</strong> Equus Capital Partners, Ltd. (“Equus”), one of the nation’s leading private equity fund managers, is pleased to announce the full-building, 147,051 square-foot long term lease executed by Novavax, Inc., (Nasdaq: NVAX) a clinical-stage vaccine company committed to delivering novel products to prevent a broad range of infectious diseases, at 1201 Clopper Road in Gaithersburg, Maryland. Gaithersburg is an internationally recognized biotech and life science hub.</p> <p>Brian Fitzgerald, Director of the Washington D.C. Region for Equus, stated, “We are delighted that Novavax has selected 1201 Clopper Road as the optimal location for their expanded laboratory and manufacturing facility.&#160; The building is proximate to NIH, FDA and an outstanding scientific labor pool within the submarket known as “DNA Alley”.&#160; The building’s extraordinary infrastructure and expansion capabilities made this the perfect solution to Novavax’s real estate needs.”&#160; Equus can develop an additional 100,000 square-feet at 2 West Watkins Mill Road, directly adjacent to 1201 Clopper Road.</p> <p>Bernie McCarthy of Jones Lang LaSalle represented the landlord and Pete Briskman and Joe Judge of Jones Lang LaSalle represented the tenant in the lease negotiations.</p> <p>1201 Clopper Road was originally part of a four-building office and lab portfolio acquired in 2013 by an affiliate of BPG Investment Partnership IX, L.P., a discretionary fund managed by Equus. The building was developed in 2000 as a build-to-suit for Digene, prior to its merger with Qiagen in 2007. A high percentage of the building was designed with a high-quality lab infrastructure which, in turn, continues to be very attractive to the needs of today’s life science tenants. The property provides 377 parking spaces and is approximately 200 yards from the Metropolitan Grove MARC commuter rail station. Local bus service is provided by Montgomery County Department of Transportation (MCDOT) with the nearest stop located at the corner of Clopper and Watkins Mill Roads.</p> <p><strong>About Equus Capital Partners, Ltd. <br /> </strong> Equus Capital Partners, Ltd. (“Equus”), is one of the nation’s leading private equity real estate fund managers. Equus’ portfolio consists of approximately 18 million square-feet of office, retail, and industrial properties and nearly 11,000 apartment units across 48 multi-family communities located throughout the United States. The firm is headquartered in the Philadelphia area, with a principal office in Yardley, PA, and with offices in Philadelphia, Chicago, Los Angeles, Washington D.C., Boston, Atlanta, and Raleigh-Durham. For additional information, please visit the company’s website at <a href="http://www.equuspartners.com/">www.equuspartners.com</a>.</p> <p><strong>For additional information about the company, please contact: <br /> </strong> Joseph G. Nahas, Jr., CRE, Senior Vice President<br /> (215) 575-2363 or visit <a href="http://www.equuspartners.com/">www.equuspartners.com</a></p> <p><strong>For additional information on the transaction, please contact: <br /> </strong> Brian J. Fitzgerald, Senior Vice President, Director, Washington D.C. Region<br /> (703) 391-1482 or <a href="mailto:bfitzgerald@equuspartners.com">bfitzgerald@equuspartners.com</a></p> </body> </html>