Epstein Secrets

wash. signed) New lease Spread (cash. signed) Renewal Spread Nash. signed) $S NOI growth Mr (cash. <seeder} Note consensus estimates are based on Thomson compiled data as of 10114/16 3016 Aatial 51 36 51 36 ASS 560.883 189.047 371 837 95.50% )2013p -alba 14 0% 19 0% 23 0% 2 0% 2016 Aat

% 40bo -1200p 120% 230% 7 0% 29% 3016 DM $144 SI 44 Actual Caw SI 42 DB* PONY 9465% 15bp -85bo 15.0% commenced 2016 Pre 30 aide Post 30 Guide Dee Cam 1562 -15 88 5565 15 63 5566 Pro 30 Guido Pint 30 Gold, Del 9490% 60bp 13.8% commenced ..3% and redev • Update on potential acq

wash. signed) New lease Spread (cash. signed) Renewal Spread Nash. signed) $S NOI growth Mr (cash. <seeder} Note consensus estimates are based on Thomson compiled data as of 10114/16 3016 Aatial 51 36 51 36 ASS 560.883 189.047 371 837 95.50% )2013p -alba 14 0% 19 0% 23 0% 2 0% 2016 SI

50% 40bo -1200p 120% 230% 7 0% 29% 3016 DM $144 SI 44 Amd Caw SI 42 DB* PONY 9465% 15bp -85bo 15.0% commenced 2016 Pre 30 aide Post 30 Guide Dee Cam 1562 -15 88 5565 15 63 5566 Pro 30 Guido Pint 30 Gold, Del 9490% 60bp 13.8% commenced ..3% and redev • Update on potential acq

y/y di his initially reported) Average SS Rental Rite las initially reported) WY ch las initially reported) Note: consensus estimates are based on Thomson compiled data as of 10/14/16 • Updates on Houston and DC: Houston SS ev growth projected to be flat to slightly negative in 2016; DC revenue growt

31.598 4.8% 31.499 4.3% 3016 Actual 0Be Cons $1 11 $1 10 Actual DEle 3.7% total 3.7% total 3.7% total 95.5% -50bp 2016 Pm 30 Chide Post 30 Guide ORe Cons $4 50. $4 60 $4 56 $1.55 Pre 30 Guide Post 30 Made DBe +4.00% to 4.50% 4.3% total +3.85% to 4.35% 4 1% total +3.50% to 4.00% 3