Palm Desert — California The Gardens on El Paseo 73-545 El Paseo, Palm Desert, California 92260

upscale Select lifestyle center Tenants — — Anchored by Saks Fifth Avenue – the only upscale department store within 90 miles – the Gardens on El Paseo is the upscale lifestyle center in the Coachella Valley. ’s affluent shopper base includes local and seasonal residents, and tourists.

UNIQUE-TO- MARKET retailers — Ann Taylor, Anthropologie, Brooks Brothers, Eileen Fisher, J. Jill, Johnny Was, Louis Vuitton, Pottery Barn, Sephora, Tiffany & Co., Tommy Bahama Restaurant and Shop and Williams Sonoma. LOCATION luxurious Living — — Located six miles south of I-10, and one block from The trade area extends 20 miles north to Desert Hwy. 111, the Gardens on El Paseo is easily accessible Hot Springs, 15 miles west to Mount San Jacinto, and from all areas of the market. It is situated next to roughly 24 miles southeast to the Salton Sea. the popular Hotel Paseo with 150 rooms, pool and spa, and the C3 Restaurant and Bar. The hotel’s The city of Palm Desert is home to some of the nation’s 3,200 FT² ballroom and 2,000 FT² event lawn draw most luxurious golf and resort communities, including significant crowds. Coachella Valley’s most upscale Big Horn, Indian Ridge and Iron Wood. cities – Indian Wells, La Quinta, Palm Desert and Rancho Mirage – surround the center. 2019 Trade Area Demographics (Sources: Claritas, Tetrad, Environics, ESRI) TOURISM Population ______449,405 Households ______167,758

Population Growth Rate 2019-2024_____ 5.70% RI and its licensors are

— S Daytime Population ______455,449 Between November and May, Coachella Valley’s

—— RI and its licensors. A ll rights reserved. population grows more than 37% due to the influx Anchors S of seasonal residents. The population growth of Saks Fifth Avenue, Apple, the surrounding affluent communities is even Louis Vuitton, Tiffany & Co. more substantial. —— MALL TENANT SPACE Domestic visitors stay an average of 4.8 nights 186,000 FT² at the many lavish resorts. —— GROSS LEASABLE AREA 236,000 FT² Coachella Valley welcomes more than 13.6 million —— visitors annually that have an economic impact of WEBSITE $5.5 billion. Biggest draws include cultural, dining and www.thegardensonelpaseo.com wellness in a mountainous scenery. Portions of this document include intellectual property E Portions 2019. E used under license. C opyright © February

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