WELCOME TO THE BEACON LA COSTA

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2 Located in the heart of La Costa, The Beacon serves a very affluent trade area with the nearby communities of Carlsbad, Encinitas, La Costa, Rancho Santa Fe, Del Mar and Solana Beach. The area has a median household income of $111,000 within a five mile radius of the property. The Beacon will be undergoing a full renovation with construction beginning in Fall of It will become an upscale community gathering place with fresh buildings and a coastal vibe that our neighbors are accustomed to. WELCOME TO THE BEACON LA COSTA Equinox has chosen The Beacon for its first San Diego location, and will proudly anchor the center.

3 WESTFIELD RESEARCH CENTER 78 PREMIUM OUTLETS Carlsbad RESEARCH CENTER PALOMAR AIRPORT DEMOGRAPHICS THE BEACON LA COSTA North County Coastal Demographics Est. Total Retail Area (SF); ±120,000 Population (2016 Projected;) 175,400 Households (2016 Projected;) 68,573 Income (2016 Est) Avg. HH: $159,974 Income (2016 Est) Med. HH: $117, Years College 33.7% Daytime Population: 95,739 Average Daily Traffic: 33,552 Carlsbad PREMIUM OUTLETS PALOMAR AIRPORT THE BEACON LA COSTA 5 Mile Radius Demographics FOUR SEASONS RESIDENCE CLUB / PARK HYATT AVIARA La Costa OMNI LA COSTA RESORT ESCONDIDO PROMENADE FOUR SEASONS RESIDENCE CLUB / PARK HYATT AVIARA La Costa Est. Total Retail Area (SF); ±120,000 Population (2016 Projected;) 159,949 Households (2016 Projected;) 1,978 Income (2016 Est) Avg. HH: $159,939 Income (2016 Est) Med. HH: $111, Years College 32.8% Daytime Population: 84,319 Average Daily Traffic: 33,552 LA COSTA RESORT THE FORUM WESTFIELD NORTH COUNTY FAIR THE BEACON FEATURES Located in one of Southern California s most affluent communities. Encinitas Rancho Santa Fe Encinitas THE FORUM Carlsbad Research Center (4.5 million square feet) is within close proximity to the Property (5.3 miles). Annual events of LPGA KIA Classic at Hyatt Aviara and WTA Tennis at La Costa Resort bring additional customers to the trade area. Solana Beach Del Mar IN THE HEART OF SOUTHERN CALIFORNIA S MOST AFFLUENT COMMUNITIES FLOWER HILL Due to the lack of specialty retail centers, the area has a pent up demand for upscale retail and restaurant users. DEL MAR RACETRACK

4 SAN DIEGO S FIRST IT S NOT FITNESS... IT S LIFE The Beacon is proud to introduce San Diego to the Equinox fitness experience. Located throughout Southern California and the country, Equinox is dedicated to the cutting edge of all things health and fitness. Equinox isn t just a fitness club, it s a temple of well-being, with world-class personal trainers, group fitness experience and a luxurious spa.

5 REDEVELOPMENT The Beacon has been fully reimagined and will begin its redevelopment in the Fall of Creating a new community destination with fresh buildings and a casual coastal shopping experience, The Beacon will combine exciting and unique retail opportunities together with gourmet and casual restaurants.

6 EL CAMINO REAL ENTRANCE 7720 BUILDING

7 La Costa Ave El Camino Real BANK ,784 daily cars on La Costa Avenue, East of El Camino Real 31,946 daily cars on La Costa Avenue, West of El Camino Real 33,552 daily cars on El Camino Real, South of La Costa Avenue 43,074 daily cars on El Camino Real, North of La Costa Avenue

8 N d u ca ia 5 FOUR SEASONS RESORT CLUB/ PARK HYATT AVIARA Le ENCINITAS RANCH Real El Camino THE FORUM OMNI LA COSTA RESORT LEASING DON MOSER Olive nhain Rd Lic.# dmoser@retailinsite.net Ca lle Ba r cel on a La Co sta A ve MATT MOSER Lic.# mmoser@retailinsite.net RETAIL INSITE Commercial Real Estate EL CAMINO REAL STE. 202 SAN DIEGO, CA LIC # F: RETAILINSITE.NET Rancho San ta Fe Rd The information above has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.