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UCO6 ROSEVILLE LLC c/o Gladstone Commercial Corporation November 29, 2010 Members of Roseville City Counc RE: Bituminous Roadway Proposed Asphalt Plant Dear Sirs and Madams: We are the owners of the 360,000 square foot building (the Minnesota Technology Exchange) located at 2501 Walnut Street (also 2470 Highcrest Drive) located at the corner of Walnut and Terminal. We have been following with great interest the City of Roseville's consideration of a land use request that would allow Bituminous Roadways to operate an asphalt plant with outside storage directly across the corner of Walnut and Terminal. The outdoor storage alone, and the outdoor storage with the asphalt plant, if allowed, would have a significant negative impact on our ability to attract quality tenants with similar requirements to the current (and historic) use of the property, and as such will dramatically lower the building's value. Currently, the facility is fully leased to the Unisys Corporation through 2012. Unisys, who has occupied the building in a substantively similar fashion for their entire 40+ year occupancy period since the mid 1960's„ has announced they require only a portion of the building beyond the current lease expiration. Therefore, we are working diligently to attract users to backfill the space either upon expiration or sooner if feasible. Based on the property's current and historic use, infrastructure, and original design, we have focused on similar types of users, including technology, research and development, data center and office tenants. The presence of the outdoor storage with the piles of rubble alone, as well as the outdoor storage in combination with an asphalt plant across the street, would directly and materially impede our ability to attract new users to the property. The negative physical characteristics of the piles of rubble alone, and the negative characteristics of entire operation with the asphalt plant and the particulate matter, odor and traffic associated with the use will directly and indirectly impair the use and marketing of our facility. Our ability to attract new users will be impaired, as will the amount users will pay to locate at our building: tenants will necessarily pay less rent where the views are of piles of rubble, and where there are particulate, odor and other adverse effects from a nearby use. The value of our building will be greatly reduced if the city allows the outdoor storage and will be reduced even more so with the outdoor storage plus the asphalt plant. Thank you for your time and attention on this matter. We ask that you consider these significant and long -term impacts on the property at 2501 Walnut Street as you make your decisions. Very rPQiPctfully, Chris Massey Vice President 1521 WESTBRANCH DRIVE SUITE 200 McLEAN, VA 22102 TELEPHONE•703.287.5800 FAX•703.287.5801 www.GladstoneCommercial.com