Meet the Mall Managers – Shopping Center Secrets from the Sources! Presenters: Maureen Hooley Bausch – Triple Five Group, Jodi Settersten Coyer – CBL & Associates Properties, Nancy Litwin – Cypress Equities, Chad Macy – JLL, Paula Mueller – Glimcher Properties, Northtown Mall Joan Suko – General Growth Properties, Jennie Zafft – UCR Asset Services, The Shoppes at

Moderator: Mike Sims, Mid-America Real Estate – , LLC MOA PHASE IC SIGNAGE CONCEPT

Burnsville Center

• Anchor tenants include Dick's Sporting Goods, Gordman's, JCPenney, Macy's, Sears, Paragon Odyssey 15 • 137 specialty retailers including Aéropostale, American Eagle Outfitters, Best Buy Mobile, Charlotte Russe, Crazy 8, dELiA*s, dressbarn, Gymboree, Hollister Co., Teavana, Victoria’s Secret and Zumiez • 11 quick-serve restaurants and five family sitdown restaurants Burnsville Center • Opening Date: 1977 • Total Center GLA 1,045,242 sf • Site: 98 acres • Parking: 5,994 spaces • Total Stores: 137 • Trade Area Population:828,405 Burnsville Center Fun Fact Reality TV premier Season 1, episode 5 of Food Court Wars Hosted by Tyler Florence Winner of one year free rent - Pimento Jamaican Kitchen Eden Prairie Center Eden Prairie Center • Favorite shopping, family entertainment and dining destination for residents in the affluent and fast-growing southwest suburbs of -St. Paul • Conveniently close to I-494 and Highway 212 • Anchored by , Target, Kohl’s, Sears and JCPenney • Entertainment wing features 18-screen AMC Theatre, Barnes & Noble, Wildfire Steaks, Chops & Seafood, Biaggi’s Ristorante Italiano, The Prairie Tap House, Panera Bread and an impressive food court with eight quick-serve restaurants and a towering 3-story stone fireplace • Popular amenities include: • family first parking spaces • indoor children’s play area • family restrooms with private nursing suites • soft seating areas • free Wi-Fi Eden Prairie Center

• Annual visits – nearly 12 million •3rd Largest Shopping Center in • over 1.3 million sq. ft. • over 87 acres • 120 shops and restaurants • TA Average HH Income - $109,964 • Average HH Income within 3 miles of the center is $121,842, significantly higher than the Minneapolis metro average of $85,224 and the U.S. average of $71,317 • TA Population is projected to increase by 7% over next five years • Southwest LRT (METRO Green Line Extension) – Eden Prairie Town Center Station is proposed to open 2019 Rosedale Center Center at a Glance

• Centrally located between Minneapolis & St. Paul • Situated on Interstate 35W and Hwy 36 • Anchor tenants include Macy’s, JCPenney, Herberger’s and AMC Theatres • Key retailers such as: Apple, Buckle, Coach, Sephora, Williams-Sonoma, Bose, Pandora, Forever 21 and Hot Mama • Seven full-service restaurants and three fast casual concepts Rosedale Center Stats & Demographics • Opening Date: 1969 • Expansion Date: 2006 • Total Center GLA 1,147,636 sf • Site: 72.2 acres • Parking: 5,759 spaces • Total Stores: 164 • Levels: 2

Trade Area 15 miles • Population: 1,836,047 • Total Households: 746,469 • Avg. Household $: $77,312 • Median Age: 35.2 yrs

*Source: ESRI 2013 Rosedale Center Fun Facts

• There are more than ten colleges within 10 miles of Rosedale Center representing more than 120,000 students • 14 million visitors annually Mall In A Minute – NORTHTOWN MALL ‰ Owned and Managed by Glimcher Realty Trust ‰ Built by the Robert Muir Companies in 1972 ‰ Home to 80+ Retailers, and growing ‰ Anchored by Herberger’s, Best Buy, Burlington, Becker Furniture, LA Fitness, Home Depot, and coming soon, Hobby Lobby ‰ Serves a demo of 286K consumers with an average HH income of $84K ‰ 5.5 million annual customer visits Mall In A Minute – NORTHTOWN MALL Change Has Been Our Only Constant

‰ All of our anchor stores are under ten years old ‰ 85% of our retailers are new or have been remodeled in the last five years ‰ Glimcher is actively marketing our outparcels for sale or lease and are looking for great partners! Mall In A Minute – NORTHTOWN MALL FUN FACT: Robert Muir grand-opened Northtown Mall with Hollywood pals Ernest Borgnine and singer Peggy Lee (Dudes - they were seriously cool at the time)

The Ridgedale Shopper

Average Age 37.7 Population 774,706 Households 311,229 % HH Earning $100K+ 32% Avg. HH Income $93,619 % Pop 25+ with Bachelor’s 43% Degree or Higher New Store Openings Ridgedale Drive Improvements

• Size: 372,000 sf

• Location: I-94/I-694 & Hemlock Lane in Maple Grove • Located in the Arbor Lakes retail area which offers approximately 2M sf of retail space

• Recent Leasing Activity: • Whole Foods opened July 2013 • Patrick’s Restaurant & Bakery opened January 2014 • Glitz Gowns opened January 2014 • Cost Plus World Market opening June 2014 • Punch Pizza opening Summer 2014 • F21 Red (Forever 21) concept opening Summer 2014 • VOM FASS opening Summer 2014 • Victoria’s Secret/Pink relocation/expansion opening Summer 2014 Fun Fact: Construction is underway in the Trader Joe’s/Whole Foods/Cost Plus World Market parking lot to increase capacity by 15% and improve the layout to reduce congestion. Meet the Mall Managers – Shopping Center Secrets from the Sources! Presenters: Maureen Hooley Bausch – Triple Five Group, Mall of America Jodi Settersten Coyer – CBL & Associates Properties, Burnsville Center Nancy Litwin – Cypress Equities, Eden Prairie Center Chad Macy – JLL, Rosedale Center Paula Mueller – Glimcher Properties, Northtown Mall Joan Suko – General Growth Properties, Ridgedale Center Jennie Zafft – UCR Asset Services, The Shoppes at Arbor Lakes

Moderator: Mike Sims, Mid-America Real Estate – Minnesota, LLC