SETTING MORROCROFT PHILLIPS PLACE

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2 OVERVIEW Inviting shops and cafes, upscale apartments and offices, this is Sharon Square, a compelling new mixed-use community anchored by Whole Foods Market and the regional headquarters of SunTrust Bank. A truly connected and walkable community, Sharon Square will allow residents and visitors alike the ability to enjoy impeccable dining, shopping and commerce all in a setting that is easily accessible and utterly alluring. A setting made rich by its mix of offerings all connected by sidewalks and plazas richly landscaped and illuminated by decorative lampposts.

3 SETTING MORROCROFT SOUTHPARK MALL Fairview Rd PHILLIPS PLACE Sharon Rd SHARON SQUARE Sharon Square boasts an unrivaled location in the heart of SouthPark, the premier shopping district of the Carolinas and the region s second largest business district. It is a setting in which lifestyle and location are interwoven and one in which incredible shopping, fresh produce and delicacies are only a few steps away. The Sharon Square site is arguably the finest location within the SouthPark commercial and mixed-use landscape by virtue of its connections to Phillips Place and the multitude of fine amenities offered there and at Whole Foods Market. Finally, Sharon Square benefits from its visibility on two major thoroughfares, Sharon and Fairview roads. It is easily accessible to a vast number of affluent neighborhoods surrounding the site, Uptown and Charlotte Douglas International Airport. Renowned retailers, restaurants, and businesses are a part of the SouthPark business district and include Dean & Deluca, Neiman Marcus, Nordstrom, The Palm, Cafe Monte and Wolfgang Puck.

4 OFFERINGS WHOLE FOODS MARKET Sharon Square offers the first Whole Foods Market in the Charlotte region. Whole Foods opened here in August 2012 and includes the Salud! Cooking School and Queens Corner Bar Tasting Loft. SUNTRUST BUILDING The SunTrust Building will house the bank s regional headquarters as well as a full-service branch to serve area businesses and residents. Two floors of office space are available totaling approximately 39,000 square feet. Parking is provided by a seven story parking deck at the back of the building. Approximately 7,250 sq. ft. of retail space is offered on the building s first level. The shell of the SunTrust Building will be completed and ready for office and retail upfits by the end of December. RESIDENCES AND RETAIL Sharon Square s C1 and C2 buildings are under construction and are comprised of restaurants and boutiques on the first level and 239 apartment residences being constructed on levels 2-6. Parking includes decks on both sides of Ashley Park Lane in addition to on-street parking, all of which is offered at no charge. BUILDING D (to be constructed) Building D at the Sharon Road entrance is planned for 6,000 square feet of retail on the first level and 7,200 square feet of office on its second floor.

5 RESTAURANT & RETAIL SUITES RESTAURANT & RETAIL SUITES R E TA I L & R E S TA U R A N T O P T I O N S A B C D G Restaurant and restail options are pedestrian focused and include visibility on the distinctive streetscape that will be a part of Sharon Square. Sidewalk cafes, intriguing restaurant choices and distinctive boutiques will be blended into the Georgetown style streetscape and complimented by Whole Foods Market and numerous other amenities within a short walk. H SUITE A - 1,856 SF SUITE B - 1,631 SF SUITE C - 1,502 SF SUITE D - 2,331 SF I F FAIRVIEW ROAD RESTAURANT & RETAIL SUITES E 46 SPACES SUITE G - 4,000 SF SUITE H - 1,720 SF SUITE I - 1,740 SF EXPRESS RAMP TO WHOLE FOODS LOWER LEVEL 144 SPACES 6 ON STREET SPACES 58 SPACES 17 SPACES 19 ONSTREET SPACES 65 SPACES 43 SPACES EXPRESS RAMP TO WHOLE FOODS LOWER LEVEL 144 SPACES 16 SPACES PROPOSAL PENDING PROPOSAL PENDING SUITE E - 6,105 SF SUITE F - 1,719 SF SHARON ROAD SUNTRUST BUILDING Approximately 7,250 sq. ft. of restaurants and retail is offered on the building s first level near the entrance to Sharon Square and visible from Sharon Road. BUILDING C1 15,085 sq. ft. of Ground Level Retail BUILDING C2 7,460 sq. ft. of ground level retail BUILDING D 6,000 sq. ft. on ground level (and an option to add 7,200 sq. ft. on the bulding s second level). Access to Sharon Square is made easy by its traffic signal on Sharon Road and the development s second entrance on Fairview. Parking for shoppers and restaurant patrons totals more than 5 spaces/1000 sq. ft. and includes both on-grade and second level deck parking as well as on-street options. There are additional parking facilities for Whole Foods and the SunTrust building. Valet parking will be provided once restaurants are open.

6 DEMOGRAPHICS (2013 ESTIMATES) 1 MILE 3 MILES 5 MILES Population 8,869 82, ,111 Average Household Income $133,605 $120,258 $96,058 Total Households 4,095 36,102 97,071 Median Owner-Occupied Value $494,894 $403,031 $325,777 Average Household Size Average Net Worth $783,984 $681,640 $591,761

7 DEVELOPMENT TEAM The development team for Sharon Square is an accomplished one that has been a part of nationally recognized communities including Phillips Place, Birkdale Village and Metropolitan. Peter Pappas and Allen Tate have been leaders in the Charlotte and SouthPark communities throughout their careers and bring relationships with national retailers and restaurants to their work at Sharon Square. The apartments at Sharon Square will be the first community created by Terwilliger Pappas, a multi-family firm led by Ron Terwilliger, Peter A. Pappas, and Alan Dean. CONTACT For additional information on retail and restaurant options at Sharon Square, contact: Brian Roth Pappas Properties broth@pappasproperties.com