Springfield Town Center Eric Christensen, CSM

Retail Apocalypse is a Myth Retail sales grew by $121.5 Billion in the 1st 7 months of 20171*. 29% of the growth came from online sales1*. Amazon accounted for 13.9% of the total growth1*. Retail sales in the first quarter of 2017 increased 4.1% over the first quarter of 20161*. 1* :IHL Group

The Retail Apocalypse is a Myth Sectors Growing Convenience Store/Gas +8.4% DIY & Home Goods +6.8% Furniture +3.8% Cosmetics and Vitamins +4% Restaurants +3% Sectors in Decline Sporting Goods -8.1% Department Stores -4.3% Electronics -1.3% Clothing -1% 1* :IHL Group

Who are we now?

Who are we now? Springfield Town Center The Mall Dining Entertainment More than 150 Tenants STC opened 10/17/14 at about 55% Occupancy By the end of 2018 we will be 95% occupied Dave & Busters Regal Cinemas 6 full Serve Restaurants 2 (3 in 2018) Fast Casual 9 Food Court Tenants Reported sales have increased 31% (Nov’ 2014 vs Nov’ 2016)

What will we be?

Future of Springfield Town Center

What will we be? Residential Hospitality Office ENTERTAINMENT DINING SHOPPING Entitled for 4M+ additional GFA Town Center Amenities will include swimming pools, park space, and a day care.