MIDTOWN ROW Broad Street Realty, LLC l 1

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1 MIDTOWN ROW 2017 Broad Street Realty, LLC l 1

2 BACKGROUND 2017 Broad Street Realty, LLC l 2

3 BACKGROUND BROAD STREET REALTY OVERVIEW Michael Jacoby (based in Bethesda) and Tom Yockey (based in Denver) founded Broad Street in Mike over 28 years of commercial real estate experience; Tom over 33 years. Combined, they have executed on transactions totaling over 30 million square feet of real estate, including over $500 million of total capitalization. Broad Street raises equity through syndications that include a deep pool of long standing investors and creates joint ventures with both high net worth individuals and institutional investors. Based in Bethesda, Maryland, with offices in Northern Virginia, Denver, Colorado and Washington, DC Full-service real estate company: acquisitions, development, finance, property management, and commercial real estate brokerage (leasing & investment sales) Number of employees at founding in 2002: 4 Number of employees today: Broad Street Realty, LLC l 3

4 PORTFOLIO GROWTH BY SQUARE FOOTAGE Total SF 2,500,000 Retail Asset Growth by SF 2,119,902 2,000,000 1,500,000 [CELLREF] 1,425,592 Third Party Managed 1,000, ,000 Owned Broad Street Realty, LLC l 4

5 Development by:

6 Midtown Row The Gateway to Williamsburg Project Summary Welcome to Midtown Row, a new and unique experienced-based retail, entertainment and residential district in the heart of Williamsburg, which has been meticulously designed to be a pedestrian and cycling friendly community. Located at Main and Main, Midtown Row is at the gateway to Williamsburg s growing population and tourism market. Midtown Row is located adjacent to the historic campus of the College of William & Mary, 1 mile from Colonial Williamsburg and less than 5 miles from major tourist destinations such as Jamestown, Yorktown and Busch Gardens, which collectively receive more than 6-million plus visitors per year. Demographics 3 Mile 5 Miles Population* 40,492 74,791 Daytime Employment Population** 37,362 58,645 Population Growth % 10.15% Median Household Income $63,202 $71,785 * Does not include 6,463 students living on campus ** Does not include 9,617 total students enrolled Property Highlights: Includes 205,525 SF of retail, including 58,000 SF of new retail and 147,525 SF of highly improved retail New student and young professional housing with accommodations for up to room select service hotel Partnership with the City of Williamsburg to establish Midtown Row as hub of Williamsburg 2017 Broad Street Realty, LLC l 6

7 Midtown Row Site Plan Monticello Ave Development Program Residential +/- 350,000 SF +/- 240 Units 4 Stories above 1 story retail Retail +/- 58,000 SF of new retail, 205,525 SF total Hotel Select service hotel 135 keys, 5 stories Building 1- residential, amenities Building 9- available retail 21K SF** 5 CONTACT INFORMATION Michael Spector Vice President of Retail Leasing O: C: mspector@broadstreetllc.net Richmond Road (27,300 VPD) 6 Building 2- residential, 13K SF of retail Building 3- residential*, 20K SF of retail Building 4- residential, 24K SF of retail Building SF vacant pad site w/drive thru Building key hotel Building 7- existing retail 16K SF ABC Store, Sal s by Victor Building 8- existing retail 36K Food Lion Building 10-former Monticello Shopping Center 70K SF 11- Reserved Parking for Tenants 12- Public Plaza 13- Outdoor Dining 24K SF+ * young professional housing **potential food hall 2017 Broad Street Realty, LLC l 7

8 Midtown Row Located at Main and Main Aerial View 27,300 VPD Midtown Row (Monticello Shopping Center) Midtown Row (Williamsburg Shopping Center) Student population is 9,617 75% live on campus < I mi away 2017 Broad Street Realty, LLC l 8

9 Midtown Row Renderings Midtown Row Where the community, College of William & Mary, and tourists come to eat, shop, live and play Broad Street Realty, LLC l 9

10 Midtown Row The Gateway to the Williamsburg Market Building 10 Renderings A B C D E F G H J K L M N Unit Size (SF) Tenant Unit A/B 19,000 Available Unit C 2,509 Available Unit D/E 4,070 Soaps & Suds Unit F 2,055 Available Unit G 15,000 Available Unit H 24,000 Available Unit J 3,150 Nawab Cuisine Unit K 1,080 Ladda's Tailor Unit L 1,350 Available Unit M 2,610 Available Unit N 2,610 Available 2017 Broad Street Realty, LLC l 10

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