Prepared by:

Colliers International Toronto

October 29, 2012

WELCOME TO TORONTOWelcome to Toronto - one of North America’s most dynamic, diverse and fastest growing cities! With some 6 million plus residents in the Greater Toronto Area and an average of some 85,000 new immigrants arriving annually (Source: Citizenship and Immigration Canada), Toronto is a city that knows no limits with opportunities plenty abundant!

A large and key component that makes this buzzing metropolis so attractive to businesses seeking their fortune is the Information and Communications Technology (ICT) sector. With more than 175,000 workers and more than 11,500 firms, this youthful sector continues to expand and innovate itself to some $52 billion in revenues annually! (Source: Toronto Region Research Alliance, 2011)

It includes all the major industry players such as IBM, Microsoft, Google and Dell to name just a few, however some 28% of firms have 19 or fewer employees and some 49% of firms have fewer than 99 employees, making Toronto a hotbed for start-ups! (Source: Toronto Region Research Alliance, 2011) In addition, according to ITbusiness.ca, Toronto is ranked number two in North America (after Houston) for easiest city to find an IT job! What does this all mean to you? It simply means that the Greater Toronto Area is a great place to do business from and within that area we think that there’s no better place to do business from than right here in the center of it all, namely downtown!

WELCOME TO TORONTO

Like many cities, we are witnessing a migration back to the core with many companies opting for locations near or close to the heart of the city. As Coca-Cola has recently done, as Apple has recently done and as Google has recently done, all these firms are going to where the talent is and more and more they’re discovering that that’s in the heart of the city.

With this top of mind and knowing your business is the business of incubation, we’ve put together a list of our top five picks for your firm. We picked one from each of the following five perspectives: Brick & Beam, Branding, Cost Effectiveness, Floor Plate Size and Planned Develop-ments. There’s one of each so depending from which perspective you’d like to tackle this, we’ve got it covered. Naturally a more extensive survey can be assembled, however we feel that these options provide an excellent jumping point from which to spring into the amazing city that Toronto is!

In addition we’ve inserted a quick market snapshot along with a map showing the picks and the various tenancies in and around them.

Welcome to Toronto from Your Colliers Toronto Brokerage Team!

Al Bolter, Vice President, Broker

Chris Fyvie, Associate Vice President, Sales Representative

Q3 2012MARKET SNAPSHOT

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Downtown East 24 Month Trend

Greater Toronto Area Q3 2012Office Inventory 185,718,642Vacancy Rate 6.3%Average Asking Gross Rent $34.48

Downtown East Q3 2012Office Inventory 4,625,442Vacancy Rate 4.3%Average Asking Gross Rent $33.08

Downtown West Q3 2012Office Inventory 13,826,395Vacancy Rate 5.8%Average Asking Gross Rent $34.03

$27.99

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Financial Core 24 Month Trend

Financial Core Q3 2012Office Inventory 34,511,984Vacancy Rate 5.7%Average Asking Gross Rent $55.81

This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2011. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls (Ontario) Inc., Brokerage

# Addresss Recommendation1 171 East Liberty Brick and Beam Downtown 2 111 Richmond Street W. Branding 3 555 Richmond Street W. Cost Effective 4 901 King Street W. Large Floor Plate 5 134 Peter Street Planned Development

PicksTOP 5

BRICK & BEAM DOWNTOWN WEST171 EAST LIBERTY

BRANDING 111 RICHMOND STREET WEST

COST EFFECTIVE 555 RICHMOND STREET WEST

LARGE FLOOR PLATE 901 KING STREET WEST

PLANNED DEVELOPMENT134 PETER STREET

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171 EAST LIBERTY STREETBrick & Beam Downtown West

This renovated mixed-use campus is located in the heart of Liberty Village, a prime location in Toronto’s premier brick and beam district of Downtown West. The site features attractive office space and on-site parking with many excellent amenities nearby. The complex is upgraded with all new services and the units feature 13’ to 22’ ceiling heights with great natural light.

Building Size 150,000 SFFloor Plate 49,000 SFAvailable 18,970 SF (2nd floor)Rental Rate $25.00Additional Rent $9.13 + hydro (2012)

111 RICHMOND STREET WESTBranding

Building Size 216,000 SFFloor Plate 15,320 SFAvailable 75,000 SF (9th & 10th floor)Rental Rate $24.00Additional Rent $22.00 (2012)

Google just took occupancy in this recently retrofitted building in the heart of downtown Toronto and is subleasing two additional floors for up to a five year term. Space will be built out in an open concept format with some partitions, however tenant may adapt to their specific needs. It’s an excellent opportunity to piggy-back on one of the internet’s strongest brands.

Cost Effective Solution555 RICHMOND STREET WEST

Building Size 305,856 SFFloor Plate 25,500 SFAvailable 50,976 SF (2nd & 3rd floors)Rental Rate $18.50Additional Rent $12.25 (2012)

At a significant cost savings to buildings in Toronto’s downtown financial core, this site delivers a cost effective solution to being in a quality and professional building in the midst of the Toronto Downtown West trendy neighborhood. It features 24/7 security and underground parking as well as professional lobby finishes and a restaurant and convenience store on site.

901 KING STREET WESTLarge Floor Plate

With floor plates up to almost 38,000 sq. ft. in size, this building provides a unique alternative to planning an efficient floor catering to your exact business needs. 901 King is a modern building within walking distance of GO Transit (Toronto’s com-muter trains) as well as a short cab ride to City Centre Airport. The building has underground parking and depending upon the size of the requirement offers non-exclusive building-top signage.

Building Size 260,296 SFFloor Plate 37,500 SFAvailable 75,000 SF (3rd & 4th floors)Rental Rate $21.50Additional Rent $16.25 (2012)

134 PETER STREETPlanned Development

Integrating the old with the new, this planned development coined QRC West or Queen Richmond Centre West is scheduled for completion late 2014/early 2015 and will most certainly become one of Toronto’s landmark locations. It will feature the adap-tive reuse of an existing historic building while offering forward-looking companies character space with impact. The development is planned to attain LEED Gold des-ignation incorporating many of the latest advances in building technology design.

Building Size 299,178 SFFloor Plate 23,600 SF

Rental Rate $ TBDAdditional Rent $18.74 (2014)

Available 284,460

Colliers Tenant Services> Lease negotiations and renewals> Disposition and sublease strategies> Consolidation and redundant space solutions> Sustainability/ LEED initiatives> Workplace design and test fit analysis> Base building analysis/ Building audit

> In-depth analysis of alternative locations> Lease and operating cost audits> Employee surveys> In-depth Location analysis; supplier/employee mapping> Build-to-suits> Multi Market Occupier Services

As a Colliers Toronto client, you’ll have the advantage of tapping into the following services as required:

We look forward to serving you!

Your Colliers Toronto TeamAlbert Bolter, Vice President, BrokerTel +1 416 643 3480Albert.Bolter@colliers.com Chris Fyvie, Associate Vice President, Sales RepresentativeTel +1 416 643 3713Chris.Fyvie@colliers.com

This document has been prepared by Colliers International for advertising and general information only. Colliers Interna-tional makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information in-cluding, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2012. All rights reserved.