Experience retail at Civita.

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LIFE + STYLE Shopping, Dining & Entertainment All part of the mix Prime retail in the heart of Mission Valley. It s where life finds a new and evolving style. It s a vision for living, a community in the making. Experience retail at Civita. Civita is a master-planned community that s perfectly walkable and inherently green - with parks and open spaces, nearby transit and car-sharing, buildings that exceed energy standards, and smart technology. All this, surrounding stylish new home and apartments - with shops and restaurants. This is life at its San Diego best. It s stylish, playful, fresh & fun. This is the Civita life.

North Side of Friars Road between Mission Center Road & Qualcomm Way San Diego, CA Civita blends equal parts urban vibe and village charm with surprising touches everywhere. The proposed ±235 acre mixed use development is currently envisioned to include ±4,800 residential units, ±150 hotel rooms and ±900,000 SF of retail and office Prominent nearby retailers include Nordstrom, Neiman Marcus, Macy s, Bloomingdales, JCPenney, Target, Costco, IKEA, Lowe s, AMC Theatres (38 screens), Bed Bath & Beyond, Barnes & Noble, Marshalls, TJMaxx, Homegoods, Ross, Old Navy, DSW Shoe Warehouse, Trader Joe s, among others gather + connect Mission Valley Trade Area ±7 million SF of office space ±5,600 hotel rooms ±1.3 million people within a 10-mile radius Approx. 35 million San Diego tourists in 2016 (up 2.65% over 2015) spending an estimated $10.4 billion (up 5.05% over 2015) 6165 Greenwich Drive, Suite 110 San Diego, CA, 92122 www.flockeavoyer.com *Disclaimers

work + play PROPERTY ADDRESS North Side of Friars Road between Mission Center Road and Qualcomm Way San Diego, California 92108 PROPERTY DESCRIPTION TRAFFIC COUNTS Cars Per Day Friars Road: ±48,042 State Route 163: ±280,569 Interstate 805: ±232,010 Interstate 8: ±203,393 AVERAGE HHI* 1 Mile: $86,040 3 Miles: $76,862 5 Miles: $77,676 POPULATION 2.5 Miles 5 Miles 10 Miles 161,707 528,836 1,315,187 DAYTIME POPULATION 1 Mile 3 Miles 5 Miles 33,471 209,711 563,015 DRIVE TIME 10 Min 15 Min 20 Min 763,496 1,358,056 2,033,589 Mission Valley is located and bisected by four (4) freeways along with the San Diego Trolley Mission Valley is home to two (2) regionals malls, including San Diego s largest, Fashion Valley Mall (±1.7 million SF) Prominent nearby retailers include Nordstrom, Neiman Marcus, Macy s, Bloomingdales, JCPenney, Target, Costco, Ikea, Lowe s, AMC Theatres (38 screens), Bed Bath & Beyond, Barnes & Noble, Marshalls, TJMaxx, Homegoods, Ross, Old Navy, among others. Mission Valley includes ±7 million Sf of office space and is home to Qualcomm Stadium Mission Valley includes ±5,600 hotel rooms ±1.3M people within a 10-mile radius ±2M people within a 20-minute drive time Approx. 35 million San Diego tourists in 2016 spending an estimated $10.4 billion (San Diego Tourism Authority) *Demographics produced using private and government sources deemed to be reliable. The information herein is provided without representation or warranty. Additional information available upon request.

SITE PLAN Civita Park (Now Open) Lot 5 343'- 11 Am Spac 26'-6 26'-6 rtal Pedes 42'-0 n Po 15'-0 0 57'-0 24'-8 tail 55'-0 3141 A2 917 SQ SQ. FT.. FT. Pa tio 3875 A1 910 SQ SQ. FT.. FT. Pa tio tail Utility tail 27'-6 18'-0 LEASING tail Tra A1 sh 27'-6 27'-6 20'-0 15'-0 27'-6 rtal 42'-0 34'-0 54'-0 tria Park (Fitn ing En ess & try sid entia l) 20'-0 55'-0 20'-0 0 32'-1 32'-1 28'-4 8'-0 Up 28'-4 wn Do la bo ve 57'-0 ta ta Lob A3 by en tia 2596 il A3 631 SQ SQ. FT.. FT. Pa tio 26'-2 26'-6 il Pa 73 Pa 24 rking rkin Total Sp g Sto aces rag e sid 20'-0 ta 4340 il A4 363 SQ SQ. FT.. FT. Pa tio 23'-6 tail Tra A2 sh 80'-5 29'-0, 56'-0 t Pr Lot oject No 5.3 29'-0 tmen Vehic Entry/ ular Exit 73'-6 247'- 24'-4 te 53'-6 57'-0 24'-8 Apar le Ga tail 43'-8 Vehic 29'-8 3707 A5 901 SQ SQ. FT.. FT. Pa tio s Lob A2 by ays 49'-8 20'-0 20'-0 aw Abo ve Vehic UP le Ga Are Bic ycl Rm e 24 A2 sid Tra ential sh Utility BA Utility /2 BA Bic ycle Ro om 43 A1 BA iden tial ys wa Ar ea /1 te BA P1-3 1 BD P3-1 3 BD /2 Spac e P2-1 2 BD e 20 41'-5 BA Ut ilit y /1 rag e4 P1-1 1 BD Sto rag Bic ycl Rm e 19 A3 /1 Fan Sto BA 63'-8 /1 enity tria P1-3 1 BD P1-1 1 BD Am Lob A1 by Ga r. Shaft Pedes wa Ar ea sid Utility ent ial 14'-0 e n Po 43'-0 enity 7'-3 ys 0 Entry Fitn ess ±72 Park Spac ing es Fitn e ss Lot 4 HOME

LEASING SITE PLAN LOT 4 Parking Entry (Fitness & sidential) Entry Up Down sidential Above Fitness LA Fitness Parking ±72 Spaces Subterranean Level 1 Up Down LA Fitness Parking ±182 Spaces Pool Above Subterranean Level 1

SITE PLAN LOT 5 sidential

SITE PLAN EAST SIDE FIRST FLOOR & P1, P2 & P3 GARAGE LEVEL SITE PLAN P1 GARAGE ABOVE Employee Parking P1 GARAGE BELOW Commercial Parking A D D sidential AA Above sidential DD Above B P2 GARAGE BELOW sidential Parking C C Ground level parking dedicated to building C P3 GARAGE BELOW sidential Parking Commercial Building Summary SUITE TENANT SF A Grocery 40,000 B tail/food 6,200 C tail (2 Stories possible, up to 50,000 sf total) 25,000 D tail / Food 34,200 Total 106,700 sidential Building Summary SUITE TENANT Units AA Above A ±285 DD Above D TBD

COMPETITION AERIAL 1 2 Friars Mission Center Ralphs, CVS Pharmacy, BevMo Rio Vista Shopping Center Living Spaces, TJ Maxx, Homegoods, Ross, Office Depot, Party City 3 4 Fashion Valley gional Mall Nordstrom, Macy s, Bloomingdales, Neiman Marcus, JCPenney, AMC Theatre Mission Valley Center West Old Navy, Marshalls, Golfsmith, DSW Shoes, Ulta Beauty, Trader Joes 5 6 Hazard Center Ultra Star Theater, Barnes & Noble Food For Less 7 8 Park in the Valley Best Buy, Pier 1 Imports, Staples, Saks Off 5th, Petsmart Mission Valley Center East Target, Macy s, Macy s Home, AMC Theatre, Bed Bath & Beyond, Nordstrom Rack, Bloomingdales Outlet 9 Fenton Marketplace Ikea, Costco, Lowe s

LOW ALTITUDE AERIAL

PHASING SCHEDULE (PROPOSED) Friars Road Map No. Location Unit Count Units Comm SF Start Finish Occupied 1 Ridgetop West 58 Sold Out Complete 2 Foothills North 140 Sold Out Complete 3 Foothills North 66 65 Under Const. 4 Foothills North 45 Sold Out Complete 5 Foothills North 59 59 Complete 6 Foothills South - East 200 2018 2020 7 Foothills South - West 200 Sold Out Complete 8 Creekside Central 250 Under Const. 9 Creekside Central (Affordable) 150 100% Complete 10 Creekside West 306 98% Complete 11 Creekside West 612 98% Complete 12 Ridgetop East 133 Under Const. 13 Terrace North 3 250 2019 2021 14 Terrace North 1 74 Under Const. 15 Terrace North 2 250 2018 2020 16a Terrace North 1a 24 Under Const. 16b Terrace North 1b 50 2019 2021 17 Terrace North 2 62 Under Const. 18 Terrace South 350 2019 2021 19 Terrace South 450 2019 2021 20 Quarry 0 400,000 Office 2022 2024 21a Village Walk - East 567 448,500 tail 2019 2021 21b Village Walk - West 2020 2022 22 Creekside East 184 18,300 tail Under Const. 23 Creekside East (Affordable) 300 LA Fitness Under Const. 24 School Site 0 2018 2020 TOTAL 4,780 900,000 SF

dine + shop

Income $76,000 - $100,000 10% $100,000 - $125,000 16% BUYER PROFILE January 2016 Education $125,000 - $150,000 $150,000-300,000 18% 41% $300,000 + 15% Married Household Size Employment Age 21-30 22% 1 person 2 people 3 or more sidences 31-40 41-50 18% 30% 50 + 30%