s a n m a r c o s, c a l i f o r n i a FOR LEASE: URBAN MIXED USE RETAIL DISTRICT

s a n m a r c o s, c a l i f o r n i a FOR LEASE: URBAN MIXED USE RETAIL DISTRICT

EXPERIENCE NORTH CITY VIBRANT, PEDESTRIAN-ORIENTED, URBAN MIXED-USE DISTRICT NORTH CITY embraces its rural heritage while defining itself as an outdoor marketplace destination for locals and students to enjoy a variety of food, entertainment and shopping. A hub of mixed-use residential, office and retail space it is the heart of the community where people gather; the epicenter of North County, San Diego. The site will include up to 3 million SF of retail, entertainment and office space plus several hotels and over 3,000 residential units on 200 acres. NORTH CITY is a destination, unlike any other-- giving people a place to discover and enjoy a new North County lifestyle. 2

KEY FEATURES Located immediately adjacent to California State University San Marcos (CSUSM) campus with over 12,000 undergraduate students and a planned enrollment of over 25,000 students CSUSM has been approved to transition into Division II of the NCAA and will begin construction on a 1,400-seat multi-purpose arena to open in fall of 2016 Close proximity to Palomar Community College with approximately 30,000 students Nearby employers include Palomar Pomerado Health, Kaiser Permanente, CSUSM, San Marcos Unified School District, Palomar College and City of San Marcos Located on the SPRINTER light rail commuter line 3

NORTH CITY MASTER PLAN Residential Integrated Office Campus Main Street Project R-2 2,600 residential units Up to 500,000 SF of office +/- 250,000 SF retail Adaptive re-use T W I N O A K S V A L L E Y E. BARHAM DRIVE NORTH CITY DRIVE CAMPUS WAY CARMEL STREET SPRINTER RAIL LINE Residential Park Hotel CSUSM New Arena Student Housing 16.3 acres of park 450 hotel rooms 1,400 seat arena 800 student units 4

RESTAURANT / RETAIL LEASING OPPORTUNITIES Block C CARMEL STREET NORTH CITY DRIVE Completion September 2016 Stella Public House & Halcyon Coffee House For Lease Now 7,386 SF of Retail/Restaurant Space Available 196 Apartments CAMPUS WAY NORTH CITY DRIVE URGE Common House & Brewery 20,840 SF Restaurant/ Brewery/Bowling/ Bocce experience with exterior patio Adaptive Re-use Project BARHAM DRIVE California State University San Marcos 12,000 FTE undergradute students - 2016 25,000 students in 10-15 years time The QUAD Retail Construction Complete Available Now For Lease 24,000 SF of Retail/ Restaurant Space 900 Student Beds/174 Units 5

THE QUAD STUDENT HOUSING/RETAIL #2 3,406 SF #3 1,436 SF #4 1,580 SF #5 1,436 SF #6 1,580 SF #7 1,436 SF #8 1,580 SF #1 1,017 SF Retail construction complete Available now for lease 24,000 SF of retail/restaurant space 900 student beds/174 units CAMPUS WAY AVAILABLE Suite 106 +/- 702 SF AVAILABLE Suite 105 +/- 956 SF REDEL ROAD AVAILABLE Suite 103 +/- 1,043 SF AVAILABLE Suite 102 +/- 1,002 SF AVAILABLE Suite 101 +/- 1,860 SF E. BARHAM DRIVE 6

BLOCK C APARTMENTS/RETAIL Completion September 2016 Stella Public House & Halycon Coffee House Up to 7,386 SF of retail/restaurant space available for lease 196 residential units and 509 parking spaces (including multiple charging stations) CAMPUS WAY REDEL ROAD #1 LOBBY #3 #6 Deal Pending #7 1,366 SF #8 797 SF #9 1,022 SF #10 797 SF PATIO SEATING Visit us at www.blockc.com Huge outdoor patio seating opportunities 7

PROJECT R-2 URGE COMMON HOUSE URGE Common House 20,840 SF building Over 13,000 SF of patio/exterior space available Adaptive re-use project Craft Restaurant/Brewery Adapting existing industrial buildings into locations anchored by great food purveyors while surrounded by great public meeting areas Located on the NORTH CITY Main Street 214-1 1/4 97-5 1/4 14-0 INTERIOR LEASE AREA 20,840 SF 14-0 14-0 14-0 14-0 14-0 156-11 1/2 59-5 EXTERIOR LEASE AREA 13,313 SF 8 174-9 9/16

N ORTH CITY EAST VIEW Future Location 40,000 SF STUDENT APARTMENT BLOCK C APARTMENT/RETAIL QUAD STUDENT/RETAIL OFFICE OFFICE APARTMENT CAMPUS WAY OFFICE APARTMENT/RETAIL CARMEL ST EXISTING COUNTY OFFICE HOTEL APARTMENT APARTMENT E BARHAM DR EXISTING HOTEL APARTMENT/RETAIL OFFICE DRUG STORE FITNESS PARKING STRUCTURE TWIN OAKS VALLEY RD MARKET NORTH CITY DR OFFICE LEGEND HOUSING OFFICE PARKING STUDENT HOUSING RETAIL HOTEL EXISTING 9

10 BLOCK 1 MARKET/DRUG STORE

DEMOGRAPHICS 10-MILE DEMOGRAPHIC COMPARISON FOR UPSCALE RETAIL PROJECTS Westfield Plaza Camino Real Westfield Plaza North County Fair Carlsbad Forum Population 2019 Projection 695,424 551,990 552,978 550,843 Lilac Rd 2014 Population 657,923 523,431 494,203 519,395 10 Miles 2000 Census 535,340 442,297 316,691 335,906 ") 1 Oceanside El lvd B College Camino Real Carlsbad Vista Ä@ 78 15 San Marcos ) North City Escondido Va lley Center Rd Households 2019 Projection 251,165 190,821 175,459 200,906 2014 Estimate 239,394 180,797 166,159 189,744 2000 Census 188,781 153,364 137,088 151,696 2014 Est. Average Household Income 2014 Est. Median Household Income $96,967 $89,121 $107,604 $109,453 $70,329 $64,771 $80,094 $79,921 2014 Est. Per Capita Income $33,684 $31,353 $36,403 $40,163 5 ") 3 Encinitas ") 2 2014 Est. Pop. Age 25+ by Educational Attainment* 436,192 338,186 324,147 352,435 Associate Degree 11.4% 11.2% 10.7% 10.8% Bachelor s Degree 22.9% 21.3% 25.6% 26.5% Pacific Ocean Solana Beach Graduate/Professional Degree 13.3% 11.9% 15.4% 18.0% Executive and Professional 285,772 222,295 220,362 232,923 Poway Management/Business/Financial 16.7% 16.1% 18.0% 19.3% Regional Malls " 1 Westfield Plaza Camino Real Ä@ 56 do Rd Poway Rd Professional 23.2 % 21.4% 26.6% 26.4% Sales 12.4% 12.6% 11.7% 12.7% 2 Westfield North County 3 Carlsbad Forum Pomer a Office Support 11.7% 12.3% 11.6% 10.8% UTC Miramar North City 10 Mile Radius 0 1.5 3 6 Miles The information contained herein was obtained from sources believed reliable; however, Cassidy Turley makes no guarantees, warranties or representation to the completeness or accuracy thereof the presentation of this map is submitted subject to errors and changes without notice. Document Path: C:\GIS\Broker Projects\AHull\North City\North City 10mi Radius Map.mxd Santee Services 19.0% 20.2% 17.2% 17.0% Total Daytime Employment (10 mile) 280,582 220,231 191,470 265,622 11

DEMOGRAPHICS NORTH CITY 1 MILE 3 MILES AVERAGE HOUSEHOLD INCOME $84,205 $70,428 42,088 37,824 7,396 Total number of students in the area Total number of employees Total number of business in the area $98,824 Projected average household income in 5 years 34.2 Median age of current resident RESIDENTIAL POPULATION 83,844 TRAFFIC COUNTS 16,079 89,317 Source:ESRI Business Analyst Projected population in 5 years VOLUME (ADT) Highway 78 Twin Oaks Valley Barham 13,654 39,455 163,400 12 ALL ABOUT CRAFT BEER North County San Diego Craft Breweries generate $272.3 Million Annually Vista has more breweries per capita than any other city in the nation North County has nearly 40 breweries and brewpubs employing about 850 people The industry keeps $37.2 million in the local economy because employees buy local foods and services Source:The Coast News, Vol. 28, No. 32 Source: SANDAG...THE PEOPLE OF SAN MARCOS IMAGINE A VIBRANT COMMUNITY... TO BUILD A CENTER FOR COMMERCE, ECONOMIC DEVELOPMENT AND JOB GROWTH BUILT UPON A BROAD FOUNDATION OF HIGH-QUALITY EDUCATIONAL INSTITUTIONS... Source: City of San Marcos - Vision Statement

AERIAL Dos Desperados Brewery Rip Current Brewing Co. Palomar College 30,000 Students W San Marcos Blvd W Mission Rd N Twin Oaks Valley Rd University of Saint Augustine 1,478 Students San Marcos City Hall E Mission Rd Port Brewing & The Lost Abbey Ä@ 78 San Marcos Brewery S Bent Ave Sprinter Rail Line E Barham Dr Cal State Transit Center CSUSM New Arena Capacity 1,400 Craven Rd Kaiser Permanente Medical Center Palomar Pomerado Health S Twin Oaks Valley Rd California State University San Marcos 12,000 Students Stumblefoot Brewing Co. 13

North City promises to be a hip, happening hub of mixed-use residential, retail and commercial office space, attracting people of all ages and stages, who want to live where they work, and stay where they play. s a n m a r c o s, c a l i f o r n i a Bruce Schiff, CCIM +1 760 431 4207 bruce.schiff@cushwake.com LIC #01232733 Phil Lyons, CCIM +1 760 431 4210 phil.lyons@cushwake.com LIC #01237235 Michael Burton +1 619 237 1404 michael.burton@cushwake.com LIC #01763327 1000 Aviara Parkway, Suite 100, Carlsbad, CA 92011 T: +1 760 431 4200 F: +1 760 454 3869 cushmanwakefield.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question..