brookwood village birmingham, al 35209

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1 Project Leasing Broker: 780 brookwood village birmingham, al Managed by:

2 Brookwood Village, is one of Birmingham s most popular shopping destinations. income is $107,000, Brookwood Village features a 603,857-square-foot, two-level enclosed mall, a 41,900-square-foot grocery-anchored retail component, plus a nine-story 170,270-square-foot Class DSW Designer Shoe Warehouse and Books-A-Million, and also features such top brand names as Brookwood Village is currently undergoing a $25 million renovation that includes the addition of new tenants, an interior renovation and reimagined food hall. Location 780 Brookwood Village Birmingham, AL Property Type Mixed-Use Center Year Opened 1973 (Renovated in 2001) Currently Under Renovation (Completion 2017) Nearest Metro Center Birmingham Interstate Access Direct Access to US Highway 280 with 91,480 VPD (ALDOT 2014) Convenient to I-459, I-20, I-65 Morgan, Merrill Lynch and PWC. Demographics Comparison by Drive Time ~ 10 Minutes 10 Min. Drive Time Brookwood Village The Summit Riverchase Galleria Residential Population 69,924 47,071 55,132 Average Household Income $102,783 $108,420 $79,540 Daytime Population 123,010 69,588 50,510 Demographics 1-Mile Radius 3-Mile Radius 5-Mile Radius Population 4,155 71, ,768 Daytime Population 19,375 76, ,078 Average Household Income $140,112 $105,475 $86,868 White 96.2% 81.8% 66.8% Black or African-American 2.0% 12.1% 26.9% Asian 0.7% 2.3% 2.4% Source Esri, 2016 Gross Leasable Area 816,027 square feet Parking 3,064 spaces Angie Kory angie.kory@cypressequities.com Martin Smith martin.smith@srsre.com Hamilton Huber hamilton.huber@srsre.com 3131 East Camelback Road, Suite Amelia Hearin amelia.hearin@srsre.com th Street South Birmingham, AL

3 Brookwood Village is located in the affluent areas of mountain brook & homewood Brookwood Village is located at the intersection of Highway 280 and Shades Creek Parkway. The surrounding areas of Mountain Brook, Homewood and Vestavia Hills offer a highdensity setting for the property with the highest incomes in the state. Brookwood Village is located less than two miles from Samford University, a top nationally ranked private university with enrollment topping 5,200 undergraduate and graduate students. The university has a $335 million annual economic impact on the region. Adjacent to Brookwood Medical Center, the Brookwood Village immediate trade area enjoys more than 150,000 daytime workers and VICTORIA S SECRET

5 The new Brookwood Village envisions a space not unlike Birmingham itself. The property is comprised of multiple uses including an enclosed mall, a three- by Macy s, Target, Fresh Market, and DSW and includes approximately 50 specialty shops and restaurants. Specialty shops include Z Gallerie, Victoria s Secret, LOFT and Bath & Body Works. including Kinder Morgan, Merrill Lynch, and PricewaterhouseCoopers.

The property was originally constructed in 1974 and has undergone several renovations spanning from 1998 to 2007, which

6 Brookwood Village is an 816,027-square-foot property located in the cities of Mountain Brook and Homewood, immediately outside the Birmingham city limits. The property was originally constructed in 1974 and has undergone several renovations spanning from 1998 to 2007, which included the addition of approximately 82,000 square feet of retail GLA and a currently undergoing a renovation which will include new local, regional, and national fashion tenants, restaurants and entertainment.

2 3 INTERIOR RENOVATION Inside, Brookwood Village is underway with a total remodel, including upgraded access from the parking structures. New will be displayed throughout the mall.

7 1 NEW MERCHANDISING MIX A new merchandising mix makes Brookwood Village a unique shopping and dining destination in Birmingham. New national fashion tenants and local boutiques, including an entertainment hotspot, are the centerpiece of the new Brookwood Village. 2 3 INTERIOR RENOVATION Inside, Brookwood Village is underway with a total remodel, including upgraded access from the parking structures. New will be displayed throughout the mall. As the primary gathering place in the area, the warmth and comfort of home. REIMAGINED FOOD HALL Inspired by the best marketplaces and food halls throughout the nation and will bring together a variety of quickserve concepts. Presented with a Southern twist in an upscale setting, the Food Hall will showcase casual food and beverage concepts, all created by the most innovative culinary artists.

More than one-third of Brookwood Village shoppers those who shop for no other reason than that they want to and for the emotional payoff from a purchase.

8 More than one-third of Brookwood Village shoppers those who shop for no other reason than that they want to and for the emotional payoff from a purchase. These consumers tend to be impulse buyers, are not brand loyal and will pay extra for image-enhancing products. Almost 20% of Brookwood Village customers are once they ve found a brand, they stop looking. Site Plan : Lower Level 6,748 sf 6,000 sf 2,500 sf ,800 sf 6,500 sf 104 6,000 sf 101 8,000 sf 102-A 5,000 sf 102-B 2,546 sf LOI/LEASE EXISTING AVAILABLE or warranty as to the opening or continued operation of any store named or depicted on this site plan. The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent

9 Site Plan : Upper Level LOI/LEASE EXISTING AVAILABLE or warranty as to the opening or continued operation of any store named or depicted on this site plan. The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent

Tenant (SF) 101 8,000 207 AVAILABLE 2,492 227 LOI 4,005 102-A Cocina Superior 5,000 208 AT LEASE 11,829 228 AVAILABLE 3,537 102-B 2,546 211 1,630 229 AVAILABLE 4,496 103 5,000 212 AVAILABLE 1,919 230

10 Tenant Directory No. Tenant (SF) No. Tenant (SF) No. Tenant (SF) 101 8, AVAILABLE 2, LOI 4, A Cocina Superior 5, AT LEASE 11, AVAILABLE 3, B 2, , AVAILABLE 4, , AVAILABLE 1, AVAILABLE 3, Hickory Tavern 6, B AVAILABLE 1, Harper Lane 6, , , A Victoria s Secret 6, Earthbound Trading Co. 3, Manchu Wok B 2, , AT LEASE 1, AT LEASE 10, A Moon s Day Spa Teriyaki Express Books-A-Million 10, Things Remembered 1, AVAILABLE 1, AVAILABLE 3, , LOI 1, AVAILABLE 17, AVAILABLE 2, LOI 20, , , Indigo 2, , , B Regis Salon 1, , AVAILABLE 4, AVAILABLE 1, AVAILABLE 5, A 1 st 1, Perry Computer 3, , B AVAILABLE 1, LensCrafters 4, A Charlotte Russe 6, A Perfume Point 1, AVAILABLE 3, Hibbett Sports 6, B AVAILABLE 3, LOI 4, AVAILABLE 3, Claire s 1, LOI 2, AVAILABLE 3,430 UPPER LEVEL 41,410 SF CINEMA 8,950 SF JR ANCHOR 7,640 SF RESTAURANT ADDITIONAL OPPORTUNITIES CREATED: LOWER LEVEL RESTAURANT/RETAIL/ENTERTAINMENT

AROUND BROOKWOOD VILLAGE 229,134 population

20% household income growth expected over the

11 AROUND BROOKWOOD VILLAGE 229,134 population $100,584 average household income BROOKWOOD VILLAGE TRADE AREA 139,740 daytime population $453,495 average home value 94,294 households 20% household income growth expected over the next 10 years Source: Esri

12 Shopper Profile Annual Total Spending Apparel and Accessories $2, Home Furnishings $6, Food and Restaurants $7, average number of restaurant visits per month $13 billion spent on retail and food services in the Birmingham-Hoover MSA each year

13 Brookwood Village : Aerial

14 Overview : Major Competitors & Distance

15 Comparison by Drive Time ~ 15 Minutes

16 Project Leasing Broker: 780 brookwood village birmingham, al Managed by:

NET LEASE INVESTMENT OFFERING. ATI Physical Therapy 4765 Jackson Road Ann Arbor, MI 48103

NET LEASE INVESTMENT OFFERING. ATI Physical Therapy 4765 Jackson Road Ann Arbor, MI 48103 ATI Physical Therapy 4765 Jackson Road Ann Arbor, MI 48103 TABLE OF CONTENTS TABLE OF CONTENTS I. Executive Profile Executive Summary Investment Highlights Property Overview II. Location Overview Photographs