814 Justison Street

Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been retained on an exclusive basis to

arrange the sale of the 814 Justison Street (the “Site”), a 0.72-acre site located within the emerging Riverfront East

neighborhood of Wilmington, Delaware.

The Site is currently zoned 26W4 – Waterfront Res/Comm, which allows for the by-right development of multi-family

and presents an investor with the opportunity to immediately focus on repositioning the Site upon closing. Current

ownership has preliminary plans for the construction of 124 luxury units, a 1,120 square foot lobby, and 3,055 square

feet of community amenity space. The proposed building spans 7 floors and includes plans for a community pool along

the east end of the parcel, situated between the property and the scenic Riverwalk trail. As the area along Riverfront

East is slated to receive an estimated $2.5B of funding to further the revitalization initiative, the development of luxury

apartments at 814 Justison is poised to benefit from significant long-term appreciation and a growing desirability

among renters.