Capital Mall Olympia, Eclectic market of outdoor enthusiasts, fashionistas, legislators, military and students TACOMA, WA

Combines regional mall with SHELTON, WA

Promenade lifestyle center LAKEWOOD, WA

Community core for the southern OLYMPIA, WA Puget Sound region

60 miles southwest of Seattle

CENTRALIA, WA 10 MILES

Capital Mall Olympia, Washington More than 5M annual visitors

Close to state capitol and Olympia’s commercial core

REI, 24-hour Fitness, Total Wine, Dick’s Sporting Goods, TJ Maxx and Century Theatres round out the tenant mix

Property Description

major roads I-5 and Highway 101 center description Enclosed, one-level with lifestyle center outparcel anchors Macy’s, JCPenney, Best Buy, Century 14-screen theater, and total sf 800,000 Dick’s Sporting Goods

# of stores 120 key tenants REI, T.J. Maxx, Bed Bath & Beyond, Chico’s, Loft, 24 Hour Fitness, Total Wine & More, Chipotle, Cost Plus World Market, # of parking 3,500 BoxLunch, Mac Cosmetics, Vans, Red Robin, Old Navy, Victoria’s Secret, Stack 571 , and Starbucks

THE CENTER THE MARKET STARWOOD Capital Mall “The cornerstone of the community.”

— VisitOlympia.com

THE CENTER THE MARKET STARWOOD Capital Mall Only regional mall for 30 miles

A new Dick’s Sporting Goods

100+ specialty shops, restaurants, fitness and big box anchors create the ultimate one-stop destination

Crossroads of the West Near I-5 and Highway 101 No personal income tax + low cost of living = high quality of life Visible to 155,000 vehicles daily on nearby roads Large, affluent shopper base

THE CENTER THE MARKET STARWOOD Capital Mall THE CENTER THE MARKET STARWOOD Capital Mall Educated, diverse workforce

Government, military, technology and logistics fuel local economy

Gateway to the Olympic Peninsula and Washington Coast

Trade area population growing 50% faster than the US average

Urban Meets Rural Meets Tourism Nearly 1 in 3 households earn $100,000+ 11,000 area college students 67% of PTA employed residents hold white 3M+ annual visitors to Olympic collar positions National Park

THE CENTER THE MARKET STARWOOD Capital Mall TACOMA

Tacoma Mall Distance to Competition Centralia Outlets LAKEWOOD Driving – 25 mi, 30 min The Outlets at Lacey Driving – 13 mi, 20 min Cooper Point Road 21,700 AADT Lakewood Towne Center Driving – 26 mi, 34 min I-101 DUPONT 95,000 AADT Harrison Avenue 19,200 AADT I-5 Driving – 7 mi, 12 min 118,000 AADT Capital Mall Driving – 30 mi, 36 min OLYMPIA South Sound Center Capital Mall Blvd LACEY 8,000 AADT

Black Lake Blvd 39,500 AADT

EAST OLYMPIA

OLYMPIA REGIONAL I-5 AIRPORT 139,000 AADT Legend Primary Trade Area

Secondary Trade Area

Competition

Access Roads Centralia Outlets (AADT= annual average (Centralia) 44 MILES 3 MILES daily traffic)

THE CENTER THE MARKET STARWOOD Capital Mall Area Attractions Olympic National Park Nisqually National Wildlife Refuge Amazon (Dupont) Capital State Forest Nisqually Red Wind Casino

Xerox Little Creek Casino I-101 Evergreen State College Colleges Capital Mall Providence Health Community College General Electric/CT Corporation Capital Medical St. Martin’s University Evergreen State College State of Washington (Capitol) OLYMPIA LACEY St. Martin’s University

South Puget Sound Combined enrollment: 10,400 Community College

TUMWATER

I-5

Legend OLYMPIA REGIONAL AIRPORT EAST OLYMPIA Primary Trade Area Computer Consultants Secondary Trade Area International Colleges

3 MILES Key Employers

THE CENTER THE MARKET STARWOOD Capital Mall Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 204,957 201,517 406,474 Within 3 miles, 80% of adults 2024 projection 217,319 210,797 428,116 are college educated % growth 2019–2024 6.0% 4.6% 5.3% 3.6% Population White 80% 80% 80% 70% 82,830 daytime employees By Race Black 3% 3% 3% 13% within 5 miles Asian 6% 4% 5% 6% Within 3 miles, population Hispanic Ethnicity 9% 12% 10% 18% growth rate between 2019- Median Age 41 40 41 39 2024 almost double US % age 15-24 12% 12% 12% 14% average % age 25 to 44 27% 25% 26% 26% % age 45 to 64 26% 25% 26% 26% Households 2019 estimate 83,816 78,732 162,546 2024 projection 89,285 82,753 172,038 2019 households with kids under 18 30% 32% 31% 34% Average 2019 estimate $90,619 $78,485 $84,742 $89,646 Household % earning $75,000+ 47% 41% 44% 42% Income 2024 projection $102,548 $89,769 $96,401 $98,974 Education % college educated 72% 62% 67% 60%

1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 1,384 4,553 7,781 10,843 Employment daytime employment 11,781 51,594 82,830 109,763

1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area

THE CENTER THE MARKET STARWOOD Capital Mall Starwood Retail Partners 5th largest manager of regional malls in the US

30 malls and lifestyle centers, with locations in 11 of the top 20 DMAs

100 million+ combined annual visits

$95,400 trade area average household income

California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Parkway Plaza Ohio Plaza West Covina The Promenade Bolingbrook Belden Village Mall Solano Town Center Franklin Park Mall Great Northern Mall Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Connecticut Hamburg Pavilion The Shops at Willow Bend Rene Daniels / Director, Leasing / 818.254.5722 / Blue Back Square Michigan Virginia [email protected] Florida Fairlane Town Center MacArthur Center The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Bill Cikalo / Director, Big Box Leasing & Development / Westland Mall Montana Washington 312.283.5121 / [email protected] Georgia Rimrock Mall Capital Mall The Collection at Forsyth Nebraska Brett Madden / Director, National Restaurant Gateway Mall and Entertainment Leasing / 214.448.5011 / [email protected]

Sources: The Nielsen Company (2019), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com

THE CENTER THE MARKET STARWOOD Capital Mall