EXHIBIT I Initial Yield Parameters Sample Clauses

EXHIBIT I Initial Yield Parameters. The Venture will be subject to minimum projected hurdle levels of return for acquisitions of existing buildings or for development land as follows: The minimum projected initial stabilized unleveraged capitalization rate (“cap rate”) for existing buildings in Northern Virginia will be [*] and in the District of Columbia will be [*], while the minimum unleveraged internal rate of return (“IRR”) for existing buildings in Northern Virginia will be [*] and in the District of Columbia will be [*]. The minimum projected initial stabilized unleveraged cap rate for to-be-developed or to-be-redeveloped buildings in Northern Virginia will be [*] and in the District of Columbia will be [*], while the minimum unleveraged IRR for to-be-developed or to-be-redeveloped buildings in Northern Virginia [*] and in the District of Columbia will be [*]. * The confidential information contained herein has been omitted and has been separately filed with the staff.