On December 13, 2007, Downingtown Quarry Associates, LP purchased approximately 14 acres of raw land at the Downingtown Exit of Route 30, East Caln Township, PA located in Chester County.

The property is an approximate 14-acre parcel located at the Downingtown interchange of the Route 30 Bypass and Business Route 30 and Quarry Road in East Caln Township, Chester County, Pennsylvania. The actual exit ramp off of the Route 30 Bypass borders three sides of the property. The fourth side of the site has frontage on Quarry Road. The site is relatively flat with the Exit ramp being elevated and gently wrapping around three fourths of the site. The site is located directly across the street form Brandywine Square. Brandywine Square is home to many retail stores some of which include: Dick’s Sporting Goods; Wegman’s; AC Moore; Pet Smart; BJ’s Wholesale Club; Linens-N-Things; Regal Cinemas; Talbots; Old Country Buffet; Chili’s and many other retail stores. Restaurants and shopping Centers are plentiful in the area with many national chains (Home Depot; Lowes; Staples; Cracker Barrel; Ruby Tuesday’s, Max and Erma’s & Applebee’s to name a few) within a mile of the site. Exton, Pennsylvania is the next exit down Route 30 (approximately 4 miles to the east, which is considered one of the major shopping areas with a Regional Mall; a Life Center and many major retail chains.

The site is also very close to several corporate parks that are home to companies such as Ingersoll Rand, QVC, Synthes, CTDI and Cephalon. West Chester is approximately 6 miles from the property. On the site plan we show two restaurant pad sites each of approximately 7,500 square feet, a bank pad site of approximately 5,500 square feet, a coffee shop pad site of approximately 1,500 square feet and a box store pad site of approximately 45,000 square feet.box

Penguin Real Estate Investors, LP