VALLEY STREAM, NY MARKET PROFILE. FOR INFORMATION: Macerich.com

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1 VALLEY STREAM, NY MARKET PROFILE 2016 PROPERTY TYPE: Regional TOTAL SQUARE FEET: 1,799,000 MAJOR RETAILERS: American Eagle, Best Buy, BJ s Wholesale Club, Century 21, Express, Forever 21, H&M, JCPenney, Kohl s, Macy s, Macy s Men s & Furniture, Modell s, Old Navy, Pink, Sears, Victoria s Secret, Walmart RESTAURANTS & ENTERTAINMENT: Applebee s, Bronx BBQ, Chipotle, Olive Garden, Panera Bread, Red Lobster, TGI Friday s FOOD COURT: 12 units BUILT / RENOVATED: 1956 / 2007 FOR INFORMATION: Macerich.com

2 DEMOGRAPHIC SUMMARY POPULATION PRIMARY TRADE AREA TOTAL TRADE AREA 2015 Total Population 429,234 1,181,938 19,986, Total Population 441,844 1,216,873 20,524, Population Growth 2.9% 3.0% 2.7% NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA [MSA] HOUSEHOLDS 2015 Total Households 131, ,779 7,321, Total Households 135, ,262 7,529, Household Growth 2.9% 3.0% 2.8% INCOME Average Household Income $85,858 $85,117 $96,321 Median Household Income $71,948 $62,164 $65,897 Per Capita Income $26,434 $27,762 $35,577 HOUSEHOLD INCOME RANGES $50, , % 230, % 4,447, % $75, , % 163, % 3,341, % $100, , % 114, % 2,462, % $150, , % 50, % 1,334, % AGE Median Age EDUCATION/OCCUPATION LEVELS Bachelor s Degree Plus 77, % 226, % 5,193, % White Collar 120, % 319, % 6,222, % RACE/ETHNICITY White 62, % 361, % 11,578, % Black 257, % 486, % 3,486, % American Indian 3, % 8, % 98, % Asian 44, % 131, % 2,137, % Pacific Islander % 1, % 9, % Other Race 60, % 192, % 2,676, % Hispanic or Latino 63, % 259, % 4,855, % Not Hispanic or Latino 365, % 922, % 15,131, % DAYTIME EMPLOYMENT Total Businesses 10,052 33, ,418 Total Employees 85, ,263 10,107,397 Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2015 and 2020

3 TRADE AREA MAP LEGEND GREEN ACRES MALL PRIMARY TRADE AREA SECONDARY TRADE AREA COMPETITIVE CENTERS OTHER CENTERS N Green Acres 10% PCW

4 HYUNDAI SITE PLAN MICHAELS CLASSIQUE HOMES Green Acres Mall is conveniently located on Sunrise Highway, which is traveled by 60,000+ vehicles daily. As one of the top 30 largest malls in the United States, Green Acres campus receives approximately 20 million annual visits and generates $1 billion in annual sales. Century 21 Department Store, an approximately 70,000-square-foot, two-level store, is now open. The addition of Century 21 further expands the center s appeal for this affluent trade area. Half a million people reside within a five-mile radius of Green Acres Mall, with an average household income in excess of $85,000. The trade area includes The Five Towns, one of the wealthiest communities in New York State, which includes luxury homes and exclusive private communities. Green Acres Commons, a new 350,000-square-foot shopping destination adjacent to the well-located Green Acres Mall, is set to deliver big-box retailers including Ashley Furniture HomeStore, BJ s Restaurant & Brewhouse, Burlington, Buffalo Wild Wings, DICK S Sporting Goods, 24 Hour Fitness and Five Below, to name a few. The grand opening for Green Acres Commons is set for fall 2016.

5 MARKET INFORMATION MAJOR EMPLOYERS EMPLOYEE COUNT 1 HAUPPAUGE INDUSTRIAL PARK 55,000 2 NORTH SHORE LONG ISLAND JEWISH HEALTH SYSTEM 44,000 3 NATIONAL GRID 25, CABLEVISION SYSTEMS 14,471 5 PSEG 10, WINTHROP SOUTH NASSAU UNIVERSITY HEALTH SYSTEM 8,025 7 LONG ISLAND UNIVERSITY 4,000 YEARLY SALES MONTH SALES % JAN 6.3% FEB 7.5% MAR 8.4% APR 7.9% MAY 8.4% JUN 9.2% JUL 7.6% AUG 7.8% SEP 8.4% OCT 7.5% NOV 8.3% DEC 12.7% VEHICLE TRAFFIC COUNTS MAJOR HIGHWAYS NEAR CENTER 2014 AVG DAILY ROADS NEAR CENTER ENTRANCES 2014 AVG DAILY SUNRISE HWY/ROUTE 27 61,226 GREEN ACRES RD 8,812 MILL RD 22,690 SCHOOLS NUMBER OF SCHOOLS NUMBER OF STUDENTS VALLEY STREAM 14 9,379 ELMONT 7 3,918 HEWLETT/WOODMERE 5 3,013 LYNBROOK 7 3,140 ROSEDALE 4 2,417 MALVERNE 4 1,671 FRANKLIN SQUARE 3 1,927 COLLEGE/UNIVERSITY LOCATION STUDENT POPULATION ADELPHI UNIVERSITY GARDEN CITY 8,077 LONG ISLAND UNIVERSITY/CW POST BROOKVILLE 14,357 NASSAU COMMUNITY COLLEGE GARDEN CITY 23,550 ST. JOHNS UNIVERSITY JAMAICA 20,448 CUNY QUEENS BOROUGH COMMUNITY COLLEGE BAYSIDE 16,000 HOFSTRA UNIVERSITY HEMPSTEAD 11,032 CUNY QUEENS COLLEGE FLUSHING 19,000 SUNY OLD WESTBURY WESTBURY 4,422 TOURISM MAJOR HOTELS NUMBER OF ROOMS DOUBLE TREE 385 HAMPTON INN 212 HILTON GARDEN INN 191 SHERATON 150 COURTYARD BY MARRIOTT 131 HOLIDAY INN EXPRESS 129 FAIRFIELD INN MARRIOTT 110 BEST WESTERN 87 DAYS INN 75 COMFORT INN HOTELS LOCATED WITHIN 1 MILE OF THE CENTER HAVE A TOTAL OF 1,529 ROOMS UPDATED 3/16

6 SUNRISE SUNRISE HIGHWAY HIGHWAY OWNED OTHER FUTURE DEVELOPMENT GA COMMONS BRONX BBQ DICK S SPORTING GOODS BEST BUY RAYMOUR & FLANIGAN PETSMART MENS WAREHOUSE WALMART HOME DEPOT BJ S WHOLESALE CLUB MICHAELS MACY S OLIVE GARDEN RED LOBSTER TARGET CENTURY 21 SEARS JCPENNEY SLEEPY S KOHL S SEARS AUTO MACY S MEN S & FURNITURE ADVANTAGE TOYOTA N HYUNDAI CAPITAL ONE