Oakland County, Michigan. Ronald Goldstone, Senior Vice President

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1 PROPOSED Unique 500,000 s.f. Stacked Retail Development Oakland County, Michigan Located in the center of Oakland County Dense population, strong incomes, and high traffic volume 18.7 total acres Zoned R-C - Regional Center 560 feet of Northwestern / M-10 Highway frontage Great freeway access Ronald Goldstone, Senior Vice President goldston@farbman.com NAI Farbman Northwestern Hwy. 4th Floor Southfield, Michigan

2 SITE SUMMARY LOCATION 18.7 acres of vacant land on the east side of Northwestern Highway, north of Civic Center Drive Southfield, Oakland County, Michigan SITE SIZE 18.7 Acres ACCESS Ingress/egress to the Property is available from Northwestern Highway. Access to all major highways is provided by the Lodge Freeway, which fronts the site. UTILITIES Electric: Detroit Edison Telephone: AT&T Natural Gas: Consumers Power Sewer System: Oakland County Sanitary Sewer District Water System: Southeastern Oakland County Water Authority ZONING RC, Regional Center OVERVIEW OF AREA Southfield, Michigan Southfield is home to 9,000 businesses and 83 Fortune 500 companies. Office is Southfield s industry, with more than 26.6 million square feet of office space, and four million each of retail and industrial/r&d. That s more office space than the downtowns of Cleveland, Indianapolis, Kansas City, Cincinnati and Detroit. More than 175,000 area residents work in Southfield, the geographic and population center of southeastern Michigan. Southfield s four-million square feet of retail space includes Northland Center, the nation s first regional shopping center (1954) and other major venues: Tel-12 shopping center, Southfield Plaza, Applegate Square, Northwestern Highway/12 Mile Road corridor. Southfield has 25% of Oakland County s office space, 25% of Oakland County s foreign firms and half its Japanese firms. 25% of the County s leading automotive suppliers are in Southfield. Southfield s central location and numerous expressways/highways make it easily accessible and 20 minutes away from most metro-area destinations. Source:

3 OVERVIEW OF OAKLAND COUNTY The estimated per capita income of Oakland County residents in 2003 was $49,048. Oakland ranked fourth in per capita income in 2003 for counties with populations greater than one million. Oakland County s 2004 population was estimated to be 1,213,339. Fifty-one percent of Oakland County residents are female and 49% are male. Oakland County had 11.5 million square feet of floor space either completed or under construction in 2004, accounting for one-third of Southeast Michigan s total nonresidential development. There were 6,434 new residential units developed in Oakland County in Oakland County is Michigan s leading center for international commercial activity with 653 companies representing countries doing business in the county. Between , the Southeast Michigan region will grow by more than half a million people, or 11.7% In 2004, over 35% of the Fortune Global 500 companies had business locations in Oakland County. The Oakland County unemployment rate fell from 5.7% in January 2003 to 4.7% in April Source: demographics_infoandpubs.html Demographics 3 mile 5 mile 7 mile 10 mile Population 63,558 7, ,756 1,076,576 Average HH Income $93,043 $86,548 $91,001 $83,400 *Figures shown represent estimates A 3 Mile radius median age: 43 Source: SiteRight Daily Traffic Counts Evergreen Rd. NB 11,729 Evergreen Rd. SB 15,662 Northwestern Highway NB 67,700 Northwestern Highway SB 60,300 Northwestern (M-10 Service Drive) NB 13,259 Northwestern (M-10 Service Drive) SB 5,026 Source: Semcog.org

4 REGIONAL MAP Flint Burton 15 LAPEER ST. CLAIR GENESEE MACOMB 23 LIVINGSTON 59 OAKLAND West Bloomfield Waterford 59 Auburn Hills Rochester Hills Oakland Commons 53 Sterling Heights WASHTENAW Madison Warren Farmington Hills Heights Southfield Royal Oak 696 WAYNE 5 Livonia 96 Garden City Westland Romulus 275 Redford Oak Ferndale Dearborn 94 Heights Detroit 153 Dearborn 12 Allen Lincoln Taylor 10 Southgate Wyandotte Hamtramck Amherstburg Tecumseh Windsor ONTARIO St. Clair Shores Lake St. Cla i Essex MONROE Michigan Canada LENAWEE 125 Monroe 75 Lake Erie 223

5 Inkster Rd Beec h R d n d AREA MAP Bloomfield Hills Somerset Collection Knollwood Country Club Oakland Hills Country Club Linden Birmingham Oakland/Troy Airport Glen Oaks Country Golf Course Farmington Hills Middlebelt Rd Franklin Hills Country Club Franklin Exit 8 Interchange Bingham Farms Rouge River Exit 10 Lincoln Hills Golf Course Southfield Birmingham Country Club Beveryly Hills Village Beverly Hills Oakland Commons Civic Dr Lawrence Technological University Exit 11 Exit 12 Civic Center Evergreen Hills Golf Club 10 Southf i e ld Rd Lathrup Village 696 W 10 Mile Rd Royal Oak W 13 Mile RdGolf Club Beaumont Hospital- Royal Oak Berkley Elks Huntington Woods Oak Worden Rackham Golf Course Botsford General Hospital 5 Beech Woods 102 Plum Hollow Golf Club O Hair Providence Hospital Northland Mall Greenfield Rd W 12 Mile Rd W 11 Mile Rd Lahser Rd Evergree R W 9 Mile Rd Coolidge Hwy W 8 Mile Rd WyomingAve Livonia Mall W 7 Mile Rd University of Detroit Mercy Outer Drive Campus Outer DrW Sinai Grace Hospital Bell Creek County Glenhurst Golf Course Redford Western Golf & Country Club Eliza Howell 39 Detroit 5 96 Outer Drive Fullerton Detroit Diesel

6 Lane Dr Par Town Center Dr LOCAL MAP Lincolnshire Dr 11 Mile Rd Exit Exit 11 Walter P Reuther Fwy Oakland Commons 696 Middlesex Ave W 11 Mile Rd Coral GablestS Exit 12 Corporate Dr Oldham Rd Knob Woods Dr C entral d Civic Center John C Lodge Fwy k Blv 10 ½ Mile Rd Lahser Rd Everg reen R d Northwestern Hwy 10 Civic CenterDr Filmore St Evergreen Hills Golf Club Lois Lawrence Technological University Goldwin St Jeanette St Hilton Dr 10 Mile Rd

7 NORTH CIVIC CENTER DR. SITE 18.7 ACRES AERIAL VIEW i-696 NORTHWESTERN HWY.

8 CONCEPTUAL CONCEPT Junior Anchor Major Anchor Junior Anchor Traditional Suburban Power Center Proposed Development 500,000 s.f. Tenant Type # of Tenants Square Footage Anchor , ,000 Junior Anchor ,000-50,000 Small Shop/Outparcel Multiple 1,000-10,000

9 CONCEPTUAL DRAWINGS

10 PROPOSED DEVELOPMENT

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