A new season has dawned at Rosedale Center, where a multimillion-dollar renovation and expansion is nearly completed.

Transcription

1

2 A new season has dawned at Rosedale Center, where a multimillion-dollar renovation and expansion is nearly completed.

3 ENVISION Glass, steel, wood and stone come together in a dramatic architectural expression to create an inspiring environment, resulting in a first-class shopping and dining experience.

4 A New Design Aesthetic Contemporary finishes and upgraded amenities Modern storefronts with sleek, natural materials Key retailer façade updates and remodeled restrooms Column reductions to improve sight lines Contemporary lighting and updated seating areas First in market Food Hall, merging dining and retail into one unique marketplace New specialty retailers will be added with the Von Maur expansion New parking deck

5 The Property Over 1 million square feet of retail spanning two levels including Macy s, JCPenney, Herberger s, Von Maur (coming soon!) and AMC Theatres, plus 160 specialty shops, fast-casual and full-service restaurants.

6 Key Retailers Aldo Apple Athleta Banana Republic Brighton Buckle Build-A-Bear Dry Goods DSW Shoes Francesca s Collections J.Crew Lush Sephora Soma Victoria s Secret White Barn White House Black Market Williams-Sonoma

7 A New Fashion Anchor A 141,000 SF location of Von Maur will bring sought-after brands including Eileen Fisher, Tory Burch, Vince Camuto and Kate Spade to evolve Rosedale's fashion category. Construction of the new fashion wing and anchor space is underway with an expected fall 2018 opening.

8 Leasable Area Total GLA ,281,861 sf* 160 Specialty Stores ,200 sf Anchors (Total) ,339 sf Macy s ,453 sf JCPenney ,772 sf Herberger s ,923 sf AMC Theatres ,191 sf Von Maur (2018) ,000 sf *Total GLA upon completion of expansion

9 ENJOY A First-in-Market Food Hall Craveable Markets is a new concept in shopping center dining, providing a multifaceted, chef-inspired dining marketplace that showcases a variety of cuisines. Several fine-casual restaurants, combined with artisanal grab-and-go dishes will surround a communal dining area that promotes gathering. Each restaurant will offer a premium menu in a sophisticated yet approachable atmosphere. Rendering is representative of the concept not the actual plans.

10 Craveable Markets Restaurant Concepts East Asian fare focused on ramen & noodle bowls Italian-style thin crust pizza Texas-style BBQ & southern comfort food A modern-day pub catered to whiskey aficionados Sushi, poke and rolls Premium dry-aged beef burgers The perfect cup of fair-trade coffee, perfected by coffee sommeliers Trendy desserts like unicorn cake from Pastry Chef Zac Young Gourmet sandwiches served on artisanal bread Mexican street fare featuring a tequila-mezcal bar

11 Perfectly positioned between the Twin Cities of Minneapolis and Saint Paul, ROSEDALE CENTER draws over 14 million visitors each year. The center generates $300+ million in sales annually, in excess of $600 per square foot.

12 The Market 35E Trade Area ( 15-mile radius ) Population ,888,974 35W Total Households ,981 Average HH Income $79, Median Age years COUNTY ROAD B2 W Fortune 500 Companies 36 Minneapolis-St. Paul is home to 19 Fortune 500 Companies, the most in the U.S., including: General Mills U.S. Bancorp Target 3M United Healthcare Best Buy Downtown Minneapolis 5 MILES SNELLING AVE. Downtown St. Paul 61 Education Rosedale Center shoppers are educated: 12 universities and 120,000 students within a 10-mile radius Traffic Counts 35W 119,000 cpd 35W 10 MILES 51 35E Over 40% of people within a 10-mile radius have earned a college degree, a figure that is 10% higher than the national average. SNELLING AVE. 45,000 cpd COUNTY ROAD B2 W 36,000 cpd 15 MILES 5 ESRI 35E 36 86,000 cpd

13 The Shopper is well-employed; 55% work within the professional sector. The Shopper : Is physically active, participating in a variety of sports including: yoga, Pilates, backpacking, football and basketball 75% have a wide range of international foods on their shopping lists 53% prefer fresh and healthy foods Is digitally engaged and up on the latest technology Actively supports the arts, theater, concerts and museums The majority own their home and they are likely to purchase kids products ESRI & Facebook Insights

14 The Shoppers Emerald City In Style Bright Young Professionals College Town Median Age: 36.6 Average Household Size: 2.05 Median Household Income: $52,000 Favorite Brands: Kate Spade, Athleta, Banana Republic Into: Food, Culture Median Age: 41.1 Average Household Size: 2.33 Median Household Income: $66,000 Favorite Brands: Pottery Barn, Coach, Ann Taylor Into: Arts Median Age: 32.2 Average Household Size: 2.40 Median Household Income: $50,000 Favorite Brands: Apple, J.Crew, Warby Parker Into: Fitness Median Age: 24.3 Average Household Size: 2.12 Median Household Income: $28,000 Favorite Brands: Victoria s Secret PINK, Express, Forever 21 Into: Technology

15 Development Plan: Level One

16 Development Plan: Level Two

17 Meet the Team Management JLL RETAIL JLL partners with retailers, investors and owner/operators through its extensive team of dedicated experts around the world. They understand the inherent complexities and variability associated with both the retail industry and increasingly complex capital markets. Its specialists are recognized for their independent and expert advice to clients, backed by industry-leading research that delivers maximum value. With leading in-depth knowledge of local, regional and global market dynamics, JLL aims to truly partner with its clients for the entire lifecycle of an asset or lease. Its experts deliver maximum value to clients that supports and shapes their investments, site selection and brand strategies. ROSEDALE CENTER 10 Rosedale Center Roseville, MN (651) myrosedale.com Scott Michaelis Vice President General Manager, JLL +1 (651) Chad Macy, CRX, CLS Vice President Leasing Representative, JLL +1 (651) Lane Walsh, CLS Vice President Leasing Representative, JLL +1 (610)