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INTRODUCTION TO NASON TEAM AND PREVIOUS EXPERIENCE EXCELLENCE IN CONSTRUCTION HONORING OUR HERITAGE BY BUILDING YOUR FUTURE

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INTRODUCTION TO NASON TEAM AND PREVIOUS EXPERIENCE

EXCELLENCE IN CONSTRUCTION

HONORING OUR HERITAGE BY BUILDING YOUR FUTURE

KEY COMPANY CONTACTS

NASON CONSTRUCITON, INC.

Thomas W. Nason, II

Chief Executive Officer 3411 Silverside Rd Tatnall Building, Suite 400 Wilmington, DE 19810 M: (610) 636-9500 [email protected]

Bob Batley

Director of Business Development and Marketing 3411 Silverside Rd Tatnall Building, Suite 400 Wilmington, DE 19810 M: (610) 639-1024 [email protected]

Erik Fay, PE

Regional Director, Philadelphia The Navy Yard, Quarters M-3 4605 S Broad St Philadelphia, PA 19112 P: (215) 599-0882 M: (610) 896-4901 [email protected]

Bob Coppins

Project Executive 3411 Silverside Rd Tatnall Building, Suite 400 Wilmington, DE 19810 M: (610) 220-1447 [email protected]

Matt Thrower, CHC

Project Executive The Navy Yard, Quarters M-3 4605 S Broad St Philadelphia, PA 19112 M: (302) 236-6287 [email protected]

Jason Nix

Lead Preconstruction Manager The Navy Yard, Quarters M-3 4605 S Broad St Philadelphia, PA 19112 P: (215) 599-0621 M: (215) 776-9706 [email protected]

Nason Construction, Inc. | www.nasonconstruction.com | [email protected] | 610-639-1024

"FROM THE START, WE KNEW CONSTRUCTION MAY BE

DIFFICULT IN AN OCCUPIED FACILITY, AND YOU WORKED

HARD TO KEEP THE PROJECT ON TRACK WHILE KEEPING

MY STAFF AND ESPECIALLY OUR CUSTOMERS SAFE.”

- Jeffery Welsh

Owner, Welsh Subaru of Limerick

Preconstruction Services Nason provides comprehensive preconstruction services that help our clients

address their unique construction programs. Our firm has developed a

proven partnering approach and open book policy that involves all project

team members to establish a unified delivery throughout the project.

Our project team approaches the preconstruction phase with the intent of

providing the most value and quality within budget. Nason develops various

purchasing and construction scenarios to efficiently allocate the available

funding.

Construction Management Nason Construction's approach to construction management is centered on

an open book policy and partnering effort involving the client, design team

and all necessary stakeholders.

Our professionals will immediately assume overall accountability for

managing the project and budget. Nason has experience operating as the

CM at Risk and within a CM Agency program format. On an annual basis,

Nason completes approximately 65% of our workload using this delivery

method.

Design / Build Extensive experience with all facets of design-build projects, including fast-

track schedules, lump sum, or guaranteed maximum price (GMP) has

afforded Nason the ability to develop a comprehensive process. Our team

will work closely with the design team through a collaborative effort to

ensure that project goals are achieved.

General Contracting Nason has had considerable success delivering projects as a general

contractor and the firm is capable of obtaining a competitive price in all

practicing regions.

LEED / Sustainable Solutions Nason is committed to promoting sustainable and environmentally

responsible construction methods. Our goal is to help our clients gain a

competitive advantage by operating more energy efficient and cost effective

facilities that are healthier places to live and work.

NASON SERVICES

COMPANY HISTORY

Our time-honored tradition

of providing construction

services began when

Walton H. Nason founded

the firm in 1922. His son,

“Toppy”, led the company

to its current regional

status, and stewardship of

this legacy is now embraced

by Nason CEO, Tom Nason,

II. Our many years of

experience include the

construction management

of a wide variety of facilities

with a proven track record

of delivering projects on

time and on budget. We

are committed to providing

the highest level of service,

professionalism, and quality

on every project for every

client. Our goal is to carry

on the legacy begun by

Walton H. Nason:

Excellence in Construction.

Nason Construction, Inc. | www.nasonconstruction.com | [email protected] | 610-639-1024

NASON CONSTRUCTION, INC. provides construction management,

design-build, and general contracting solutions for clients in a variety of

market sectors throughout Delaware, Pennsylvania, Maryland, Virginia, and

New Jersey. More than half of Nason’s annual revenues are accomplished

as a Construction Manager, and we perform our work in a completely “open

book” fashion to best serve your interests.

PRINCIPAL THOMAS W. NASON, II

CHIEF EXECUTIVE OFFICER & PRESIDENT

Our CEO and President, Tom Nason, the third

generation owner of Nason Construction, continues

building the company that his grandfather and father

built. Tom is actively involved in the

day-to-day business of the firm and he, along with his

management team, are accessible to our clients and

our project team 24 hours a day, 7 days a week. We

believe that the personal involvement of our principals

guarantees our clients the best possible service and a

successful project, delivered on time and on budget.

CAPACITY Nason Construction is headquartered in Wilmington, DE, and has fully

operational regional offices conveniently located in The Navy Yard in

Philadelphia, PA, and in

Salisbury, MD, that

support five Mid-Atlantic

States. We employ our

own in-house resources

throughout our three

offices as well as various

field offices, including

but not limited to:

COMPANY PROFILE

NASON CONSTRUCTION, INC.

SERVICES AND MARKETS Nason manages a broad spectrum of

projects in the following markets:

Corporate

Healthcare

Education

Government

Parking Garages

Pharmaceutical

Research & Development

Religious Facilities

Senior Care

Warehouse and

Distribution Centers

Retail

Mixed-Use

Sustainable / LEED solutions

These projects are delivered through Construction Management, General Contracting, or Design-Build services.

REPEAT CLIENTELE Consistently successfully delivering projects has resulted in significant repeat business. Over 85% of our

current projects directly originated from a client, architect, or engineer, or from their referral, and 60% of this

work is negotiated construction management contracts.

EXCELLENCE IN SAFETY AND CONSTRUCTION Our firm has an outstanding reputation with clients and subcontractors; we have a valued list of clients that

award us multiple projects, and we have excellent regular bidder participation. Our commitment to quality and

safety is also represented by the fact that we

have received over 30 industry awards honoring

our excellence in safety and construction over the

last decade from both local and national

construction organizations, including Associated

Builders and Contractors (ABC) and the Delaware

Contractors Association (DCA).

COMPANY PROFILE

NASON CONSTRUCTION, INC.

Nason Construction, Inc. | www.nasonconstruction.com | [email protected] | 610-639-1024

& vision

values

Our vision: to be the best

The Nason Construction vision is to stand above our competitors in the Mid-Atlantic construction

market by being known for the quality of our work, the exceptional service we provide, and the

integrity with which we treat all of our employees and business relationships, Clients, consultants,

and subcontractors will be enthusiastic to work with us on any project and our employees will be

proud to say that they are a part of the Nason Construction Team.

Our values: integrity, quality, service, commitment

Integrity We are committed to conducting all of our business relationships in a manner that is

honest, fair and ethical and that emphasizes open, direct communication.

Quality We are committed to excellence in all aspects of our work; our construction, our service,

our people, our work environment and our dedication to safety. We strive for continuous

improvements in everything we do.

Service We focus on anticipating and exceeding the expectations of all of our business partners,

finding the best solutions for their needs and responding in a timely manner. We will do this by

adhering to a standard of professionalism that represents our knowledge, experience and respect

for others.

Commitment to our employees We will achieve our vision by attracting and retaining the best

employees. We encourage our employees to strive for success in both their personal and business

relationships by upholding our values. As part of our pledge to our employees, we will:

strive to provide interesting and challenging opportunities to make a difference

communicate openly and honestly

utilize, value and acknowledge individual skills, talents and contributions

make safety a priority

encourage and support professional development

have fun together while striving for excellence

Integrity, quality, service, commitment; Each of us will demonstrate

our commitment to and passion for the Nason Construction Team

by incorporating these values into all our pursuits

THREE OFFICES SERVING FIVE STATES

REGIONAL SUCCESS IN ALL MARKETS

Nason Construction, Inc. | www.nasonconstruction.com | [email protected] | 610-639-1024

"I WOULD ENTHUSIASTICALLY RECOMMEND NASON

CONSTRUCTION FOR FUTURE PROJECTS. NASON'S ABILITY

TO LEAD, LISTEN, AND WORK COLLABORATIVELY WAS A

TESTAMENT TO NASON'S CORE VALUE."

- Dennis Groom, Director

Division of Facilities Management, The State of Delaware

Sample Retail Project Experience

Nason Construction, Inc. previously provided

preconstruction services for a new BMW and a

new Cadillac dealership. Value engineering

alternatives identified by the NASON Team

reduced construction costs by over $1 million.

The two dealerships are be co-located on a 24-

acre parcel in Mount Laurel, New Jersey.

Extensive site development was required,

including extension of all utilities as well as

grading with cuts and fills.

The BMW dealership showroom boasts high-

end finishes throughout, including imported

tile from Germany in the 40-bay service center.

The building facade consisting of a glass

curtain wall is accented with flat metal panels

that are consistent with BMW’s image.

The Cadillac dealership features a limestone

veneer facade and also boasts a high-end

interior and accommodates 40 bays in the

service center.

Nason Construction was awarded general

contracting services for an addition and

renovation of Welsh Subaru of Limerick.

This project included demolition of the

existing parts department, construction of new

maintenance bays, new parts department, and

expanded sales area. The renovations

consisted of upgrades to electrical, HVAC and

plumbing systems, exterior walls, and

landscaping.

Nason Construction provided construction

management services for a $6.7 million, 65,000

square foot renovation project completed in

four phases in an occupied building.

The project consisted of major facade

renovations, installation of a glass curtain wall

entrance, and complete window replacement.

Interior renovations included fit-out of typical

office space, conference rooms, and a full

service fitness and exercise facility with men’s

and women’s locker rooms.

The new Operations Center for Subaru of

America was completed with no disruption to

the staff.

Nason Construction completed four branch

locations throughout the region for

Commerce Bank. Below are highlights of

those projects.

Chadds Ford, PA

Completed in December 2001, Nason

provided New Construction of this branch

bank, which was unique in that the stone

facade was reminiscent of the many historic

structures in the community. The project was

completed on time and on budget.

Churchman’s Corner, New Castle, DE

Nason Construction provided general

contracting services for this prototype branch

in 2000. The building was completed within a

14-week schedule, and included construction

of the building as well as the site work. The

bank features four-lane side drive through

tellers, vault, interior tellers, and customer

service area

Marsh & Naamans Road, Wilmington, DE

Nason built the first Commerce Branch Bank

in Delaware in a record forty-seven days in

1999. Demolition of an existing building and

site work had to be completed before

construction could begin. Several challenges

were overcome during the construction

process, including weather conditions,

unsuitable soil, and the discovery of

Wilmington “blue rock.” These challenges

were successfully met, and the project was

completed on schedule.

Point Pleasant, NJ

Nason Construction provided general

contracting services for this prototype branch

in 1998. The building was completed within a

14-week schedule, and included construction

of the building as well as the site work. The

bank features four-lane side drive through

tellers, vault, interior tellers, and customer

service area

Nason Construction was selected to provide

general construction services for a $1.4

million addition and renovation to the

existing Boeing Helicopters Credit Union

facility.

The addition will entail construction of a

high-tech facade to complement the style of

the larger Boeing facility. Upgrades to the

existing building and entryway facade will be

performed to match the addition.

Due to its proximity to the Delaware River,

the complex foundation for the addition

consists of 45-foot-deep wood piles, with

concrete grade beams and a structural

concrete floor slab.

Thoughtful scheduling and phasing

coordination by the Nason team will ensure

this bank facility remains operational six days

a week throughout construction.

Philadelphia

Wilmington

Salisbury

Commerce Bank (currently TD Bank)Regional Office

Location: Wilmington, DE

Completed:August 2004

Value: $4,500,000

Square Feet:16,500

Project Type: New Construction

Architect: Interarch

Nason Construction provided general contracting services for the new 16,500 square foot regional office for Commerce Bank. This $4.5 million regional headquarters facility contains open area cubicles as well as a full service bank opened seven days a week. The two-story building features a large atrium lobby with two skylights, a marble fountain, architectural ceilings, and a glass curtain wall.

The structure’s exterior is made up of metal panels, granite, and glass. Interior finishes including tiling, wall panels, and millwork were all custom-designed.

The construction of the regional office was completed on an extremely aggressive schedule with only 180 days from permit to final construction. On-going design changes throughout the construction process brought additional challenges to the fast-track schedule.

This project involved the construction of a

25,000 square foot TJ Maxx and the

rehabilitation of 55,000 square feet in the

connected retail center (now adjacent to the

Brandywine Town Center) and a new

furniture store.

Current tenants include Panera Bread, Trader

Joe’s, Citibank, and T.J. Maxx.

Acadia Realty Trust acquired the Market

Square Shopping Center in 2003.

Sample Signature Projects

Nason Construction is currently working on

our fifth project with Campbell Soup

Company at their World Headquarters in

Camden, NJ. Our relationship spans a

program of multiple projects. Highlighted

below are some of those projects.

World Headquarters Renovation,

Phases 1 & 2

Nason Construction originally provided

general contracting services for the first two

phases of the World Headquarters renovation.

Completed in February 2011, the first phase

included the installation of all IT equipment.

The second phase, completed in June 2012,

involved the complete renovation of 68,000 sf

of administrative space at the Headquarters’

main building.

The retrofit included selective demolition and

interior fit-out with high-end corporate office

finishes and extensive mechanical and

electrical upgrades. The building remained

fully occupied during the renovation.

World Headquarters, Building 70

Renovations

Nason provided general contracting services

for Campbell Soup’s Building 70 interior

renovations, which was the first venture

between Campbell’s and Nason. The scope of

the project included demolition of a portion of

the existing Day Care and build-out of new

space and meeting rooms, as well as a new

HVAC system and skylight installations. Work

was completed during the night shift hours to

allow the Day Care and office operations to

continue without interruption.

The Nason construction team successfully

coordinated construction activities within the

occupied building and with the furniture

assembly crews to allow on-time move-in to

the renovated space.

Excellence in

Construction,

ABC Delaware

Construction

Excellence,

Delaware

Contractors

Association

Nason Construction has been working with

Sallie Mae since 2008 on a series of multiple

projects, such as:

Corporate Headquarters Fit-Out, Phases 1-7

In January 2011, Nason began a $10 million, 17

month fit-out of 150,000 sf; completed in seven

phases, in an occupied building.

Exterior Façade Renovation

In 2011, the award winning, $7.3 million

Exterior Façade renovation commenced. The

new, large windows not only make the

building look inviting, but add an increase in

natural light for guests and employees.

Landscaping & Pond Renovations

In Spring 2013, Nason began the renovation of

Sallie Mae’s employee common space, creating

a new outdoor seating and dining area

adjacent to their new cafeteria, and a serene

pond with surrounding boardwalk for

employees to enjoy.

Other projects include:

Executive Office Suite renovations

Reconfigure Open Floor Work Spaces

Lobby renovations

Cafeteria renovation & expansion

Fitness Center renovation

Elevator modernization

Board Room & Conference Rooms

Stair Tower renovations

Parking Lot expansions

Bathroom upgrades

Mailroom renovations

Credit Operations Center Office fit-out

and renovation

“We are extremely happy with our totally

renovated space and it has made a huge

difference in our service to our customers.”

- Paul Smith, Director of Facilities

Philadelphia

Wilmington

Salisbury

State of DelawareKent County Courthouse Complex

Nason Construction provided CM-At-Risk services for the construction of a new, three story, 150,000 square foot courthouse annex and a 50,000 square foot renovation to the existing 1874 historic Kent County Courthouse. The project was the first CM-At-Risk project undertaken by the state. Work included historic preservation of the existing courthouse as well as the complete demolition of the neighboring Robert O’Brien Building.

The new, three-story, 150,000 square-foot facility features seven courtrooms, including hearing rooms, and an arraignment courtroom. The facility houses the Superior Court, Court of Common Pleas, Department of Corrections, Capitol Police, and probation officers.

Location: Dover, DE

Completed:June 2013

(Renovation)June 2011 (Addition)

Value:$67,000,000

Square Feet:50,000 Renovation

150,000 Addition

Project Type:New Construction

& Historic Renovation

Architect: Moeckel Carbonell

& Ricci Greene Architects

Awards: 2011 Excellence in Construction from

Associated Builders & Contractors

Delaware Chapter and

Delaware Contractors Association

Nason Construction worked with the State to prequalify contractors with sufficient expertise and size to complete such a complex project. Unique features of the new building include significant architectural millwork finishes in the courtrooms, detention and holding cells with isolated elevators for prisoner transport, and high-tech security systems including closed circuit television, access controls, and comprehensive data and telecommunications systems.

The newly renovated historic building houses two courtrooms, the Chancery Court, the Attorney General’s Office, administrative offices, a Grand Jury room, and the Law Library.

Philadelphia

Wilmington

Salisbury

Widener UniversityWellness Center

Nason Construction provided design-build services for this $8.6 million addition and renovation to the Schwartz Physical Education Center at Widener University. The Wellness Center addition totals 26,000 square feet and features a:

• new athletic training area, • viewing room for football team, • 24-foot rock climbing wall, • two aerobic rooms,• gymnasium, • natatorium, and • field houses.

Location: Chester, PA

Completed:March 2006

Value:$8,600,000

Square Feet: 26,000

Project Type: Addition &

Renovation

Architect: The Collaborative

Awards:

Mid-Atlantic Construction’s

Best of 2006 Award Winner, Higher

Education

The multi-level addition has a balcony overlooking the ground level with a two-story dramatic curved and sloping glass curtain wall which serves as the grand feature of the building.

Major site improvements were completed to accommodate a variety of attractions and on-site activities surrounding the athletic program. A new roadway with attractive streetscape and signage was constructed to lead the way to the Wellness Center and to increase usage of the northeast corner of the campus.

This project was completed on a fast-track schedule with only three months for design and six months for construction.

Philadelphia

Wilmington

Salisbury

Villanova UniversityDavis Center for Athletics & Fitness

Nason Construction was the construction manager for Villanova University’s new Davis Center for Athletics and Fitness. This new 53,000 square foot recreational facility houses two fully separated varsity basketball courts with locker rooms, training spaces, cinema, sports medicine area and coaches’ offices. Additionally, the building houses 12,000 square feet of student recreational and fitness space.

The project also includes the complete development of a parking area east of the Villanova Pavilion and included a new underground water detention system. In order to maintain emergency and pedestrian access through the construction site to the Pavilion for

Location: Villanova, PA

Completed:October 2007

Value:$14,800,000

Square Feet: 53,000

Project Type: New Construction

Architect: Mark B. Thompson

Associates, LLC

Awards: Project Management

Institute, Delaware Valley Chapter

Project of the Year 2008

numerous events, Nason worked with Villanova to create and maintain a logistics plan. The tight site constraints and close proximity to the Pavilion are two challenges that the Nason team faced during construction.

The Davis Center provides a training facility dedicated to the men’s and women’s basketball teams. The training facilities include hydrotherapy pools that were constructed above an underground pond with groundwater and rock.

The new facility includes environmentally friendly energy-saving motion sensor lights. Additionally, over 250 trees were planted around the new building.

Philadelphia

Wilmington

Salisbury

SEI InvestmentsCorporate Headquarters Campus

Buildings designed around a team concept is the core philosophy behind this 92-acre, campus-style corporate headquarters complex for SEI Investments, an asset management and computer-based technology company in Oaks, Pennsylvania. The relatively simple architectural design is formulated to provide a flexible and open work environment for SEI’s 800 employees. The $20 million project is comprised of five, two-story buildings totaling 215,000 square feet, and is interconnected by enclosed walk-ways.

Location: Oaks, PA

Completed:December 1996

Value:$20,000,000

Square Feet: 215,000

Project Type: New Construction

Architect: Meyer, Scherer &

Rockcastle, Ltd.

The open plan interior space contains a recycled rubber floor and exposed girders above. All furniture is on casters and overhead cables (dubbed “pythons” by employees) supply power and data hookups for individual work stations, so that staff members can form and reform teams as they respond to client issues.

Nason Construction provided construction management services for this headquarters complex.

Awards

Excellence in Construction Award, Associated Builders and Contractors, Delaware Chapter, 1997

Excellence in Construction Award, Associated Builders and Contractors, Southeast PA Chapter, 1997

Nason Construction was hired by SAP

America, a subsidiary of SAP AG --the

multinational software corporation, to

renovate the existing NSQ auditorium facility

at their headquarters in Newtown Square, PA.

The 3,500 sf auditorium is used for large

employee meetings, quarterly reviews, new

hire training sessions, and customer

presentations.

Renovations include new custom millwork,

state-of-the-art audio visual and media

systems, acoustics, fire suppression system

modifications, and electrical and mechanical

system upgrades.

This project is being completed in two phases.

Phase one consisted of all audiovisual

upgrades. The Nason project team oversaw

installation of all AV systems and closely

coordinated with the SAP Data and Security

vendors, as well as the AV design consultant,

FutureSys.

Phase two consisted of replacing the front

screen and completing all architectural and

general construction renovations.

Wilmington

3411 Silverside Rd

Tatnall Building, Suite 200

Wilmington, DE 19810

302-529-2800 T

302-397-2387 F

Salisbury

224 Phillip Morris Dr

Suite 400

Salisbury, MD 21801

410-749-5300 T

410-630-7221 F

Philadelphia

The Navy Yard, Quarters M-3

4605 S Broad St

Philadelphia, PA 19112

215-334-9400 T

215-689-0839 F