Mid-City Market 401 North Carrollton Avenue New Orleans, Louisiana

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------OVerview Located along North Carrollton Avenue in New Orleans, Louisiana, Mid-City Market will serve as the retail and restaurant center of the community. Grocery anchored by a new Winn-Dixie Supermarket, the site will feature both small shop retail and restaurant space, as well as the scarce opportunity for Junior Anchors to gain access to Orleans Parish.

The Mid-City area has continued to thrive since Hurricane Katrina with stable demographics and income base. The oak-lined area has long been a local favorite for restaurants, coffee shops, retail, service and recreation. The addition of the BioDistrict to Mid-City will further help to bring additional people and jobs and include a new VA Hospital, Univeristy Medical Center, Lousiana Cancer Research Center, and BioInovations . The over 2 billion dollar campus-style facility is currently under construction and slated to open in 2013 and employ collectively more than 5,500 permanent jobs in the first 5 years it is in service. Over a 10 year period, this project will bring approximately 13,400 total jobs to Mid-City.

New Orleans was recently named one of the 7 Cities that have Caught “Start-Up Fever” by Details Magazine. The area also was named atop of Forbes and New Geography’s list of “Brain Gain Magnets” where recent college graduates are taking their degrees.

------AVAILABILITY ▪ Space Available: 1,000 - 28,000 SF ▪ Total Square Footage Available: 54,216 SF

------SPACE Delivery ▪ August 2012

------Area REtailers ▪ Home Depot ▪ Rouses Supermarket ▪ Nike Factory Outlet Store ▪ Walgreens

The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or Chris Abadie warranties regarding the properties or information herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of [o] 504.523.4481 Ext. 8139 the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms [direct] 504.620.8139 and conditions, prior sale, lease or withdrawal, without notice. 05/11 [e] [email protected] N Groceries & Select National Retailers Orleans Parish Eastbank - Louisiana As of May 2011

Mid-City Market 401 North Carrollton Avenue New Orleans, Louisiana

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Jefferson Parish

Eastbank Retail Map NEW ORLEANS MAP RETAIL MAP

N N

Mid-City Market

Mid-City Market Factory Outlet

THE SHOPS AT CANAL PLACE The Theatres at Canal Place (Newly Remodeled)

THE RIVERWALK Opening MARKETPLACE Fall 2011

Jefferson & Orleans Parishes Westbank Retail Map

The foregoing is solely for information purposes and Breauxis subject Mart to change without notice. Stirling Properties makes no representations or Chris Abadie warranties regarding the properties or information herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of [o] 504.523.4481 Ext. 8139 the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms [direct] 504.620.8139 and conditions, prior sale, lease or withdrawal, without notice. 05/11 Data use subject to license. TN Scale 1 : 68,750 0 ¼ ½ ¾ 1 mi © 2007 DeLorme. Street Atlas USA® 2008 Plus. [e] [email protected] (0.1°W) km 0 1 2 3 www.delorme.com 1" = 1.09 mi Data Zoom 11-5

The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the information herein. © 2011 Stirling Properties, LLC Mid-City Market 401 North Carrollton Avenue New Orleans, Louisiana

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A r c h i t e c t s

320 N. Carrollton Avenue, Suite 100 New Orleans, Louisiana 7 0 1 1 9 t. 504.488.7739 f. 504.488.7743 www.VergesRome.com c c o p y r i g h t 2 0 1 1 PART B INCLUDED O.55 ACRES

NOT A PART SQUARE 540 NOT A PART

NOT A PART NOT A PART

5 GUYS NEW ORLEANS, LOUISIANA INCLUDED PART A O.61 ACRES (EMPLOYEE PARKING) 110' VERIZON

SQUARE 562 53,000 S.F. SHOPS 9,600 S.F. NOT A PART Click image FELIPE'S

80'

to view PINKBERRY interactive pdf MID CITY MARKET

TOTAL

BUILDING AREA WINN DIXIE 53,000 SF RETAIL 44,156 SF RESTAURANT 10,050 SF

TOTAL 107,206 SF NORTH CARROLLTON AVENUE 57,900 S.F. 29,000 S.F. PARKING REQUIRED NOT A PART NOT A PART WINN DIXIE 106 @ 1:500 SF RETAIL 177 @ 1:250 SF D A T E I S S U E D: 28 APRIL 2011 RESTAURANT 67 @ 1:150 SF R E V I S E D: R E V I S E D: TOTAL REQUIRED 350 CARS LOUBAT R E V I S E D: 2.20 ACRES PARKING PROVIDED R E V I S E D: OFF-STREET 358 CARS D R A W N B Y: MJR NOT A PART ON-STREET 23 CARS C H E C K E D B Y: CEV PEI WEI P H A S E : LAND AREA SCHEMATIC 6.493 ACRES DESIGN 11003

SCALE 1" = 60' T I T L E : OVERALL 0 60' 120' 240' SITE PLAN 3 S H E E T :

The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representationsA1 or Chris Abadie warranties regarding the properties or information herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of [o] 504.523.4481 Ext. 8139 the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms [direct] 504.620.8139 and conditions, prior sale, lease or withdrawal, without notice. 05/11 [e] [email protected] Mid-City Market 401 North Carrollton Avenue New Orleans, Louisiana

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Saint Peter Street Peter Saint

Orleans Avenue Orleans Toulouse Street Toulouse N N 

 North Hennessey Street Canal Streetcar Line Streetcar Canal

North Solomon Street

Bienville Street Bienville

Iberville Street Iberville

Conti Street Conti 

La AERIAL RENDERING

tte Greenway tte Canal Street Canal Toulouse Street N David Street

SITE

Canal Streetcar Line

Streetcar North Carrollton Avenue

Stop TowardsQuarter French and Downtown Towards City Park Conti Street

Walgreens Future Bike Future Path Park Linear and

North Pierce Street

Toulouse Street Toulouse

Bienville Street Bienville Conti Street Conti Bienville Street Rouses Home Depot

North Scott Street AERIAL OF EXISTING SITE North Carrollton Avenue

The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or Chris Abadie warranties regarding the properties or information herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of [o] 504.523.4481 Ext. 8139 the foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms [direct] 504.620.8139 and conditions, prior sale, lease or withdrawal, without notice. 05/11 [e] [email protected] nEw oRlEans soUthshoRE Market Report As of May 2011

Parish Population Shifts: Census 2010 vs 2000 PaRish dEmogRaPhics WaShinGton 55  7% Population Orleans Jefferson tanGipahoa  20% 59 2016 Projection 390,601 448,731 110 St. tammany Mid-City Market 12 2011 Estimate 375,964 445,158 Baton rouge  22% 10 Gulfport 2010 Census401 North Carrollton Avenue343,829 New Orleans432,552, Louisiana 10 10 St. John orleanS  o Growth 2011-2016 WWW.3.9%STIRLINGPROPERTIES0.8% .COM 4%  7% 29% New Orleans St. JameS 310 10-Parish Growth 2000-2010 Census -29.1% -5.0% o 47% OVERVIEW 10% MAPS Greater SITE PLAN AERIALS AREA INFO demographics St. CharleS St. Bernard New Orleans Income o 1,358,000 5% o 14% JefferSon 2011 Average Household $56,164 $61,560 TOURISM plaquemineS o 8% ------2011 Households above $75K 21.7% 26.6% Visitors & Events: Source: Claritas, US Census Bureau ▪ 8.3 million visitors in 2010 - 98% of pre-storm levels (8.5 Million) ▪ 2011 French Quarter Fest and Mardi Gras had record breaking attendance - Surpassed previous yeart andoUR pre-Katrinaism crowd levels with 533,000 and over ESTIMATEDEstimat RETAIL SEAdLE SREtail salEs 1 million visitors respectively Orleans Parish Visitors &▪ HostingEvents: Super Bowl 2013 will solidify the city’s reputation as a world-class $6 ▪ 8.3 milliondestination visitors in 2010 - 98% of pre-storm levels (8.5 Million) $5 ▪ 2011 French Quarter Fest and Mardi Gras had record breaking attendance New Orleans International Airport: ▪ Surpassed previous year and pre-Katrina crowd levels with $4 ▪ 8.2 million passengers in 2010, a 5% increase from 2009 533,000 and over 1 million visitors respectively ▪ Hosting Super Bowl 2013 will solidify the city’s reputation as a world-class $3 New Orleans Hotels: Billions $5.09 $5.07 destination $4.57 $4.80 $4.74 ▪ 2010 tax collections were 23% higher than 2009; 92% of pre-Katrina levels $2 $3.90 $4.06 ▪ New Orleans led the top 26 markets with 14.7% RevPAR growth in 2010. New OrleansRevPAR International (revenue per Airport:available room) is the key benchmark used by hotels to $1 ▪ 8.2 millionmeasure passengers profitability. in 2010, a 5% increase from 2009 $0 2004 2005 2006 2007 2008 2009 2010 New OrleansRestaurants: Hotels: Jefferson Parish ▪ 2010 taxThe collections total number were of restaurants 23% higher open around than New2009; Orleans 92% is over of pre-Katrina 1,150, surpassing levels $10 the amount of restaurants open pre-Katrina. ▪ New Orleans led the top 26 markets with 14.7% RevPAR growth in 2010. RevPAR (revenue per available room) is the key benchmark used by hotels to $8 measureSources: profitability. New Orleans Convention & Visitors Bureau, Times Picayune, New Orleans Aviation Board, Hotel News Now, City of New Orleans Finance Dept., Jefferson Parish Accounting Dept., and Greater New $6 Orleans Community Data Center Restaurants: The total number of restaurants open around New Orleans is $9.10 $4 $8.27 $7.94 $7.29 $7.42 over 1,150, surpassing the amount of restaurants open pre-Katrina. Billions The foregoing$6.64 is solely for information$6.65 purposes and is subject to change without notice. Stirling Properties makes no representations or Chris Abadie warranties regarding the properties or information herein including but not limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of [o] 504.523.4481 Ext. 8139 the$2 foregoing information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms Sources: New Orleans Convention & Visitors[direct] Bureau, 504.620.8139 Times Picayune, New Orleans Aviation and conditions, prior sale, lease or withdrawal, without notice. 05/11 Board, Hotel News Now, City of New Orleans[e] [email protected] Finance Dept., Jefferson Parish Accounting Dept., and Greater New Orleans Community Data Center $0 2004 2005 2006 2007 2008 2009 2010

Stirling------Properties - We are the Market Experts!  Over 35 Years of Real Estate Experience in the Gulf South

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Contact an Agent TODAY! Toll Free 888.261.2022 WWW.STIRLINGPROPERTIES.COM The foregoing is solely for information purposes & subject to change without notice. Stirling Properties makes no representations or warranties regarding the information herein. ©2011 Stirling Properties, LLC Mid-City Market 401 North Carrollton Avenue New Orleans, Louisiana

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Area Map Prepared For: Stirling Properties Order #: 969941807 Demographic Map Site: 01 BIENVILLE ST AT N CARROLLTON AVE NEW ORLEANS,LA 70119 N Coord: 29.976122, -90.098913

Prepared on: May 9, 2011 1Page DEMOGRAPHICS - 2011© 2011 The E SNielsenTIM Company.ATE AllS rights reserve 1 MILe 3 MILE 5 MILE ------Nielsen Solution Center 1 800 866 6511 POPULATION 20,450 172,197 358,927 AVG. HOUSEHOLD INCOME $48,579 $54,014 $57,922