~dr January 8, 2015 Jenny Emami Digital Assurance Certification, LLC 390 North Orange Avenue Suite 1750 Orlando, Florida 32801 RE: Disclosure Representative Certificate DDR Miami Avenue, LLC Special Assessment and Revenue Refunding Bonds, Series 2014A (Parking Garage Project) and Special Assessment Refunding Bonds, Series 2014 B (Infrastructure Project) CUSIP Number:Series 2014A bonds: 59807PAD7, 59807PAE5, 59807PAF2 Series 2014B bonds: 59807PAGO, 59807PAJ4, 59807PAH8 For the Year Ended December 31, 2014 I, Christa Vesy, Executive Vice President & Chief Accounting Officer, certify to the best of my knowledge that the information contained in Exhibits A & Bare true and accurate and fulfills the disclosure requirement to the MSRB under Section 3 of the Continuing Disclosure Agreement. list~nyse. Think Retail. CreateValue. 3300 Enterprise Parkway Beachwood Ohio 44122 p. 216.755.5500 f. 216.755.1500 www.ddr.com
EXHIBIT A Continuing Disclosure Agreement Special Assessment and Revenue Refunding Bonds, Series 2014A (Parking Garage Project) and Special Assessment Refunding Bonds, Series 2014 B (Infrastructure Project) CUSIP Number:Series 2014A bonds: 59807PAD7, 59807PAE5, 59807PAF2 Series 2014B bonds: 59807PAGO, 59807PAJ4, 59807PAHB For the Year Ended December 31, 2014 In accordance with Section 3 of the Continuing Disclosure Agreement, please find the attached rent roll report. Please note that items 3(i), 3(ii) and 3(iv) are included therein. In reference to item 3(iii), please find the following additions: Five Guys Burgers and Fries is being relocated from unit 166 to unit 266. Daily Melt and Lisdaws will be exchanging locations with Daily Melt moving to unit 264 and Lisdaws moving to 164. The lease with Maidenform is being terminated. A letter of intent has been executed for Carter's/Osh Kosh for the space.
1" EXHIBITS RS515002 Bldg ID: 20112 DDR - Custom Rent Roll Lessee 1/2/2015 Page I of 8 Period Run For: 1/2/2015 Leased and Unoccupied Suites 00126 X-SHOES D ST Lea.<e ID: 42031 New Leases 00164 LISDAWS F ST Lease JD: 59801 00230 NORDSTROM RACK F ST Lea.<e ID: 58355 00268 MVCEVICHE F ST Lease ID: 59903 00270 BISTRO CASSIS F ST Lease/D: 59319 00274 MERCADO LATINO F ST Lea.<e ID: 59302 Vacant Suites 00266 1,547 1,076 30,964 2,189 2,462 2,134 2,372 900015 900128 900163 900348 900350 900393 900399 900401
"' R5515002 Bldg ID: 20112 Period Run For: 112/2015 DDR Custom Rent Roll Lessee 1/212015 Page 2of 8 900402 900405 900415 900418 900420 900423 900427 900428 Temporary Tenants 00214 TOYS R US HOLIDAY EXPRESS A AN Lease/D: 49773 900003 EVERYTHING MOBILE 0 AN Lease ID: 40433 900005 100 MONTADITOS (ATA) 0 AN Lease/D: 41032 9000070 TREASURE BOUTIQUE CART 2 0 AN Lease ID: 51929 900023 MIDTOWN IPHONE REPAIR.COM A AN Lea.<e/D: 48183 900028 PARTY CITY 0 AN Lease/D: 56677 900030 ALL STATES WASTE A AN Lease ID: 38171 900032 STARLITE MEDIA 5,200
1/212015 Bldg ID: 20112 DDR - Custom Rent Roll Lessee Page- 3of 8 Period Run For: 11212015 0 AN Lease ID: 38518 900044 PARTY CITY 0 AN Lea.<e ID: 42408 900045 TREASURE BOUTIQUE A AN Lease ID: 43297 900138 THEISEN VENDING CO A AN Lease/D: 38319 900141 MIDTOWN MIAMI MARKET 0 AN Lease ID: 39240 900222 DAILY MELT, THE (BAN) A AN Lea.<e ID: 50100 900224 MIDTOWN LUGGAGE A AN Lease ID: 50136 900335 VECTOR MEDIA (ST) A AN Lea<elD: 51456 900339 GILLY VENDING INC 0 AN Lease/D: 51462 900373 BARUURBANO A AN Lea.<e ID: 56430 900396 EVPTERRABOOST MEDIA A AN Lease ID: 56853 900406 METRO INT SCHOOL OF MIAMI A AN Lease/D: 57105 900419 MBLOCK INVESTORS, LLC A AN Lea. e ID: 58914 900424 TARGET CENTRAL A AN Lease/D: 59620 900425 MBLOCKINVESTORSLLC A AN Lease ID: 59621 Occupied Suites 00105 ROSS DRESS FOR LESS, #106 A ST Lease/D: 6562 00110 VISIONWORKS 35,400 3,737
1/212015 Bldg 10: 20112 DDR Custom Rent Roll Lessee Page 4of 8 Period Run For: 11212015 A ST Lease/D: 49972 oom COMPOSE UNITED GROUP CORP A ST Lease/D: 5I280 00114 MASSAGE ENVY A ST Lease /D: 38420 00116 FEDEX OFFICE A ST Lease/D: 32335 00118 SUPERCUTS, 1#90836 A ST Lease/D: 44158 00120 EUROPEAN WAX CENTER A ST Lease/D: 56052 00122 T MOBILE A ST Lease/D: 30305 00124 SUBWAY#40731 A ST Lease /D: 7301 00128 FOOT LOCKER 1#9386 A ST Lease/D: 9588 00130 SPORTS AUTHORITY 1#340 A ST Lea. e /D: 40558 00150 MARSHALLS, 1#392 A ST Lease/D: 4866 00160 PAYLESS SHOESOURCE 1#0002 A ST Lea.<eiD: 30304 00162 PINKBERRY A ST Lease ID: 40068 00164 DAILY MELT A ST Lease/D: 48549 00166 FIVE GUYS BURGERS AND FRI A ST Lease/D: 1355 00168 SAKAYA KITCHEN A ST Lease ID: 34608 00170 PARTY CITY A ST Lea.ve ID: 38423 00174 CARTER'S 3,!532 1,72!5 1,725 1,!564 1,895 2,730 1,547 2,520 35,580 32,062 2,715 1,244 1,076 2,338 1,786 10,830 4,357
BldgiD: 20112 DDR - Custom Rent Roll Lessee 1/2/2015 Page- 5of 8 Period Run For: 1/2/2015 A ST Lease/D: 43890 00176 MAIDENFORM A ST Lease /D: 40253 00180 HOMEGOODS, #504 A ST Lease/D: 39969 00200 LIME FRESH MEXICAN GRILL A ST Lea.<e/D: 35212 00202 SPRIS A ST Lease/D: 38424 00204 HURRICANE GRILL & WINGS A ST Lea.<e ID: 37835 00206 4D GELATERIA A ST Lease ID: 59255 00208 WINE VAULT A ST Lease/D: 39960 00210 BAR LOUIE A ST Lea.<e /D: 38426 00220 ANTONINI MODERN LIVING A ST Lea.<e ID: 50083 00225 WEST ELM #882 A ST Lease/D: 8622 00240 JOS. A. BANK CLOTHIERS A ST Lea.<e/D: 49943 00242 NOVECENTO A ST Lease/D: 38428 00250 GUESS FACTORY STORE A ST Lease /D: 35546 00252 BEYA A ST Lea. e ID: 43356 00254 100 MONTADITOS A ST Lease ID: 40207 00256 GIRAFFAS A ST Lea.l'e/D: 41514 00258 RICKY'S BAKERY 2,495 25,351 2,355 2,017 2,590 954 948 6,014 7,883 17,881 4,517 4,000 6,000 1,494 2,384 2,384 2,040
1/2/2015 Bldg ID: 20112 DDR - Custom Rent Roll Lessee Page- 6of 8 Period Run For: 1/2/2015 A ST Lease/D: 40269 00260 FABIO & FABRIZIO A ST Lease /D: 40296 00262 WORLD OF BEER A ST Lea.1 e!d: 48164 00264 LISDAWS A ST Lease/D: 52472 00278 MARILYN MONROE SPAS A ST Lease/D: 35553 00280 BARUURBANA A ST Lease/D: 40015 00300 AT&T A ST Lease ID: 38429 00305 MATTRESS FIRM A ST Lease/D: 34889 00310 PETSMART, #1412 A ST Lease/D: 5903 00320 BLEACH SALON A ST Lea.ve /D: 43790 Ground Leases 00100 TARGET 112188 A GR Lea.ve ID: 7545 1,767 2,871 1,301 1,503 3,412 3,552 4,447 19,607 1,260 141,114
Bldg ID: 20112 DDR - Custom Rent Roll Lessee 1/2/2015 Page-?of 8 Period Run For: 112/2015 MIAMI, FL Total for Bldg: 20112 Total Sqft Occupied: Total Sgft New: Total Sqft Vacant: Leased/Unoccupied Sqft: Master Leases: Temp Tenants Feet 420,504 38,825 2,372 1,547 5,200 Total Sqft Occupied w/new: Master Lease w/new & Occupied: Lease/Unoccupied Sqft w/occup/master: 1,076- Total Owned: Total UnOwned: Total Owned/UnOwned: 467,372 467,372
Bldg ID: Period Run For: 11212015 DDR Custom Rent Roll Lessee 1/2/2015 Page- 8of 8 Grand Total: Total Sqft Ol:cupied: Total Sgft New: Total Sqft Vacant: Leased/Unoccupied Sqft: Master Leases: Temp Tenants Squire Feet 420,504 38,825 2,372 1,547 5,200 Total Sqft Ol:cupied w/new: Master Lease w/new & Occupied: Lease/Unoccupied Sqft w/oi:cup/master: 1,076- Total Owned: Total UnOwned: Total Owned/UnOwned: 467,372 467,372