SITE FACTS PROJECT LOCATION

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1 ASHLEY PARK

2 PROJECT Ashley Park is a premier 716,000-square-foot, regional open-air center serving southern Metro Atlanta s rapidly expanding I-85 South corridor and the burgeoning communities of Newnan and Peachtree City. Built in phases between 2004 and 2008, the center is anchored by Dillard s, Belk, Best Buy, Dick s Sporting Goods, Barnes & Noble and Regal Cinemas. Ashley Park s diverse national and regional tenant base of retailers, restaurants, services and entertainment consistently position it as the region s leading open-air shopping center. SITE FACTS ESTIMATED POPULATION , ,249 5-year growth 7.1% LOCATION The center is located in Newnan, 45 minutes southwest of Atlanta near the intersection of I-85 and Highway 34, which sees 111,400 vehicles passing by daily. I-85 is a major north-south thoroughfare for Atlanta s southwestern suburbs, providing convenient access from surrounding communities. Highway 34 is the principal east-west artery connecting affluent Peachtree City to I-85 and Newnan. Ashley Park benefits from a highly visible location in the heart of a 3.2-million-square-foot retail cluster, providing a critical mass of both necessity and specialty retailers. As the corridor s only significant collection of fashion, entertainment and restaurant tenants, it is the retail destination of choice for residents of Atlanta s southwestern suburbs, western Georgia and eastern Alabama. ESTIMATED HOUSEHOLDS , ,058 5-year growth 6.1% AVERAGE HOUSEHOLD INCOME , $96,825 5-year growth 14.9% TRADE AREA Ashley Park s primary trade area extends over a 20-mile radius, though the center attracts consumers from more than 50 miles away a direct benefit of the convenient I-85 access. The trade area has experienced significant population growth of 49% since 2000 and now has more than 360,000 residents. These residents are highly educated and well employed 61% have attended or graduated from college and 63% hold white-collar positions. Separately, the center sees a daytime population of more than 110,000. The area also boasts an average HHI of more than $82,000 with projected income growth over the next five years at 14.9%. Newnan falls within the Atlanta MSA, the nation s ninth largest MSA and long ranked as one of the top performing metropolitan economies in the country, vastly outperforming national averages for population and job growth. Atlanta is a corporate relocation magnet and leading hub for healthcare, logistics and transportation firms. The city is home to 13 Fortune 500 companies, including The Coca-Cola Company, The Home Depot, UPS, Delta Air Lines, Southern Company, SunTrust Banks and Newell Rubbermaid, ranking it third in the nation (behind New York City and Houston) among cities with the most Fortune 500 headquarters. Source: U.S. Census Bureau and Applied Geographic Solutions, October 2016; 20-mile radius ATLANTA, GA

3 ASHLEY PARK ASHLEY PARK Map data 2016 Google

4 AERIAL VIEW

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7 ASHLEY PARK Total Size: 716,000 sq. ft. ANCHORS: Barnes & Noble Belk Best Buy Dick s Sporting Goods Dillard s Regal Cinemas RESTAURANTS: Chicken Salad Chick La Parrilla Mexican Restaurant Tin Drum Asian Kitchen Cold Stone Creamery Mama Lucia s Uncle Maddio s Pizza Firehouse Subs Newk s Eatery Five Guys Burgers & Fries Pita by The Beirut Great American Cookies POPPED! Gourmet Popcorn HoneyBaked Ham SPECIALT Y RETAILERS: American Eagle Outfitters Jared the Galleria of Jewelry Lush Nail Salon Ulta Beauty Aveda Salon Kay Jewelers Massage Envy Venetian Nails Bath & Body Works Kinnucan s Mattress Firm Vitamin Shoppe Charming Charlie Lane Bryant Men s Wearhouse Yankee Candle Claire s DSW Shoes GameStop Lizard Thicket LOFT Motherhood Maternity Portrait Innovations Rue 21

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9 OUR MANAGEMENT PHILOSOPHY Our commitment is to creating community environments that are crafted for long-term growth. We recognize that the consumer is choice-driven with a desire for quality shopping, dining and entertainment all in one convenient location. Therefore, we specialize in managing multiuse destinations so that retail, recreation and business flow together, maximizing the synergies between lifestyle components to create an enjoyable atmosphere where customers can shop, dine, live, work and play. Central to our philosophy is the desire to shape a destination of substance that s responsive to the needs of both the market and the community. We create true gathering places by crafting an ideal mix of shopping, social and professional venues in a beautifully landscaped, architecturally pleasing and well-maintained environment. The combination of high-demand retail, restaurants and entertainment, which might also include Class A office space, a residential component and service providers, delivers the ideal opportunity for customers and businesses to positively experience all that we have to offer. This is a proven formula for success for the consumer and businesses, helping to fulfill our mission of improving the quality of life in the communities we serve.

10 ARLINGTON AVENUE BIRMINGHAM, AL PHONE BAYER Newnan & Metro Atlanta: Shannon Shuman Martin Retail Leasing Advisors, LLC