MAJOR REDEVELOPMENT UNDERWAY Chesapeake Square Portsmouth Boulevard Chesapeake, VA

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1 OFFIE, RETAIL, RESTAURANTS & PAD SITES AVAILABLE

2 The Vision of is located in the heart of the Hampton Roads region and is strategically situated at the intersection of I-664 and Portsmouth Boulevard, just 11 miles west of Norfolk. Under new Ownership, is undergoing a major redevelopment offering everything a retailer is looking for high traffic counts, superb demographics, high-density residential and a regional draw. ± 68 ARES Proposed Specifications Total Size Property Uses ± 68 Acres Timing Fall 2018 Zoning Residential, office, retail, restaurant and entertainment MX Mixed-Use District 631,000 SF OF RETAIL, OFFIE, ENTERTAINMENT OPPORTUNITY 1.7 MILLION POPULATION HAMPTON ROADS MSA Features Entertainment, dining and groceryanchored retail High visit-frequency High-density Excellent signage opportunities Outparcels available Easy accessibility

3 Partial Site Plan Approximate Planned Available Space ± ,000 SF 180,000 SF 70,000 SF

4 Primary Trade Area Demographics & Traffic ounts Demographics 1 Mile 3 Miles 5 Miles Trade Area $103,282 Est. Avg. Household Income (1 Mile) 214, 373 Est. Population (Trade Area) 194,885 Est. Daytime Population (10 Miles) Est. Population 6,256 60, , ,373 Est. Avg. Household Income $103,282 $83,319 $82,968 $80,094 Est. Daytime Population 4,039 16,315 47, ,348 Traffic ounts Portsmouth Boulevard Taylor Road 33,000 VPD 20,000 VPD

5 JOIN EXISTING RETAILERS

6 JOIN NEARBY RETAILERS

7 NEARBY RETAILERS & RESTAURANTS Nearby Retail 1 BJ s 7 Plato s loset 13 Pet s Mart 2 Best Buy 8 Game Stop 14 Home Depot 3 Old Navy 9 T Mobile 15 Food Lion 4 Ross 10 Auto Zone 16 Toy s-r-us 5 Aldi 11 Gabe s 17 Pier 1 6 Tuesday Morning 12 Big Lots 18 Office Max Nearby Restaurant 1 McDonald s 7 Tropical Smoothie 13 Wendy s 2 Taco Bell 8 Red Lobster 14 Outback 3 Dairy Queen 9 Olive Garden 15 Red Robin 4 Ihop 10 hipotle 5 Starbuck s 11 Applebee s 6 Five Guys 12 hic-fil-a

8 NEARBY RESIDENTIAL DEVELOPMENT 300 Apartment Homes 200 Townhomes 377 Single Family Homes 136 Residential ondos Planned

9 HAMPTON ROADS AREA AOLADES TOP 50 BEST RUN ITIES IN AMERIA TOP 100 BEST ITIES FOR FAMILIES TOP 100 OMMUNITIES FOR YOUNG PEOPLE

10 Location Overview Hampton Roads Peninsula Region Hampton Roads, Virginia Hampton Roads is strategically located in the center of the U.S. Eastern Seaboard and is the fifth largest metro area in the Southeastern U.S. with a population of more than 1.7 million. The area is comprised of ten cities hesapeake, Franklin, Hampton, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Virginia Beach, and Williamsburg as well as five counties and is largely divided into two regions The Virginia Peninsula and Southside Hampton Roads. Hampton Roads Population Growth Hampton Roads is home to the Port of Virginia as well as the world s largest naval base, Norfolk Naval Station, and is serviced by two of the nation s largest rail providers Norfolk Southern and SX. Due to the large military presence, Hampton Roads enjoys a highly skilled workforce, fitting to the area s exceptional amount of specialty trades. The region boasts a businessfriendly environment and an attractive quality of life and is steeped in over 400 years of American history, drawing tourists from all over the world. Historic sites and landmarks as well as over 2,000 miles of total coastline fuel the Hampton Roads burgeoning tourism industry, generating over $152 million annually in tax revenue for the local economy. Hampton Roads is strategically located in the heart of the Mid-Atlantic, which lends the region significant logistical advantages. Its convenient and accessible transportation infrastructure provides multiple options for moving goods between national and international markets and the region is within a day s drive of 128 million people. Hampton Roads is linked to the U.S. and the world by air services, roads, ports and rails connecting the interior of the U.S. to the global economy. Hampton Roads hosts 155 international firms representing 26 countries. A Regional Gem Located in southeastern Virginia at the confluence of the hesapeake Bay and Atlantic Ocean, Hampton Roads is home to the Port of Virginia, the fastest growing port on the East oast which boasts the largest natural deep-water harbor on Earth. All major shipping lines call on the Port of Virginia, providing direct access to over 80 ports worldwide. The two lass I railroads serving Hampton Roads have extensive infrastructure with doublestacked container capabilities for distribution throughout the East oast and Mid-West. A continually growing international community, its international profile is strong and continues to grow, hosting 164 international firms representing 28 countries. Hampton Roads enjoys a mild, temperate climate which not only provides an array of recreational opportunities to its residents and bolsters tourism, but also allows its commercial waterways to remain ice-free year-round. ost of Doing Business Virginia is an employer-friendly state with its Right to Work and Employment at Will labor structure. Factors included in low business costs include a workers compensation rate 42% below the national average and unemployment insurance rates among the lowest in the nation. Norfolk International Airport Norfolk International Airport is the major airport serving Southeast Virginia and Northeast North arolina. American, Delta, Southwest, United and U.S. Airways offer convenient daily access to hundreds of cities worldwide. Norfolk International Airport is centrally located within the Hampton Roads region and offers flights to hundreds of cities daily.

11 Hampton Roads Major Employers onsistent Employment Helps to Draw Down Unemployment Rate Employers ity No. of Employees Huntington Ingalls Industries Newport News 24,000 Sentara Healthcare Norfolk 22,000 Norfolk Naval Shipyard Portsmouth 8,500 Riverside Health System Newport News 8,000 Naval Medical enter Portsmouth 5,400 NASA Langley Research enter Hampton 4,000 Old Dominion University Norfolk 4,000 The olonial Williamsburg Foundation Williamsburg 3,100 Bank of America Norfolk 3,025 Gold Key / PHR Hotels & Resorts Virginia Beach 2,400 hesapeake Regional Medical enter hesapeake 2,400 Geico Direct Virginia Beach 2,300 TE onnectivity Hampton 2,200 Measurement Specialties Hampton 2,184 Smithfield Packing ompany Smithfield 2,100 STIHL Virginia Beach 2,067 BAE Systems Norfolk Ship Repair Norfolk 2,000 hildren's Health System Norfolk 1,905 Navy Exchange Service ommand Virginia Beach 1,888

12 The Port of Virginia The Port of Virginia is a major economic driver for the ommonwealth of Virginia as well as the Hampton Roads region. Approximately 9.4% of the state s resident workforce has port-related jobs. The port features the best natural deep water harbor on the East oast, with its unobstructed, ice-free harbor, 50-feet-deep channels, and a location 18 miles from the open ocean. In addition, the Port features nearly 30 shipping lines offering weekly service to Europe and Asia and has the lowest pilferage rate on the East oast. Over 103,000 students attend Hampton Roads eight universities and four community colleges. With four marine terminals, the Port of Virginia is the third-largest volume port on the East oast in terms of general cargo (breakbulk and containerized cargo).the Port is also home to the largest and fastest container cranes in the world. With a 26 container outreach, the cranes can handle any ship in existence today in addition to those on the drawing board for the future olleges and Universities ollege/university Enrollment Military Presence in Hampton Roads Installations Active Duty ivilian Total Naval Station Norfolk 45,051 12,328 57,379 Joint Base Langley-Eustis 16,988 6,102 23,090 Joint Base Little reek-fort Story 16,174 3,667 19,841 Naval Support Activity 5,997 3,728 9,725 Norfolk Naval Shipyard 1,609 10,877 12,486 Oceana Naval Air Station 13,155 2,392 15,547 US oast Guard Yorktown Yorktown Naval Weapons Station 1, ,157 US oast Guard Base Portsmouth 1, ,700 TOTAL 100,516 51, ,823 Tidewater ommunity ollege 25,927 Old Dominion University 24,932 Thomas Nelson ommunity ollege 9,316 ollege of William & Mary 8,437 Norfolk State University 5,100 Hampton University 4,269 hristopher Newport University 4,990 Regent University 2,995 Rappahannock ommunity ollege 3,566 Paul D. amp ommunity ollege 1,473 Virginia Wesleyan ollege 1,441 Eastern Virginia Medical School 1,242