Dayton Market Overview

ICSC 2013 Ohio/West Virginia/Indiana/Western Pennsylvania Idea Exchange - August 2013

Presented By: Paul HoweBroker/Owner, Paul Howe Realty

327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • paul@paulhowerealty.com

Dayton, OH

Greater Dayton AreaMarket Fast FactsDayton Population• The city of Dayton has a population of 142,148, with 537,602

residents in Montgomery County (2011 data)• Dayton MSA is 1,000,000 including Greene, Miami,

Montgomery and Preble Counties

Major Employers – Wright Patterson Air Force Base, Premier Health, Kettering Health Network, Kroger, Montgomery County, LexisNexis, Sinclair Community College, University of Dayton

Regional Draws - Dayton Dragons, University of Dayton, Wright State University, Five Rivers MetroParks, Dayton Performing Arts Alliance, Dayton Art Institute, National Museum of the USAF

Dayton Area – GROWING!

Market Metro Map

Market Development • The Greene Towne Center

• Cornerstone of Centerville

• Water Street Development

• Austin Landing • The Heights

• Dayton Mall

• The Mall at Fairfield Commons

• Springfield Town Center

• Built in 2006 and comprised of 1.1 million SF of gross leasable area and 206 fully leased residential apartment units

• Located in Beavercreek at I-75 & Indian Ripple Rd.

• Opened 15 new stores in the

last two year period

• Welcomes over 8.6 million visitors annually

• New openings in the last six months include Buckle, Hot Mama, Pies and Pints, Tilly’s and Brighton Collectibles

The Greene Town Center

The Greene Town Center

The Greene Town Center

• New 125 acre mixed use development accommodating retail, restaurant, entertainment, hospitality & professional office users

• 400+ residential units

• Located at I-675 and Wilmington Pike

• Located ¼ mile north of Miami Valley South, a new 268,000 SF hospital and medical complex

• First anchor tenant store open by October 2014

Cornerstone of Centerville

Cornerstone of Centerville

• $36M Luxury Riverfront Mixed-Use Project including 161 residential units and 50,000 SF of commercial/office space in Phase I

• 12,000 SF first floor restaurant and retail space on Patterson Boulevard, river views, outdoor seating. Adjacent to Riverscape MetroPark and Fifth Third Field

• Adjacent parking (320 structured parking spaces)

• Major area employers include Caresource, Premier Health, PNC Bank, Stratacache, Tech Town and multiple law firms

Water Street Development

Water Street Development

• 300,000 SF of office space at 96% occupancy, tenants include Merrill Lynch, Eubel Brady & Suttman, ThyssenKrupp Materials and Wells Fargo

• Kohls, Hilton Garden Inn and Kroger will soon be joined by Panera, TJ Maxx/HomeGoods, Jack’s Pets, Great Clips, Five Guys Burgers & Fries and BJ’s Restaurant & Brewhouse, slated to open in early fall

• Regal RPX cinema in Ohio, along with the village area of retail and restaurants will begin on Nov. 1 and be completed by Fall 2014

• On the south side of Austin Boulevard, construction is starting soon on a mid-size box center and two substantial medical related projects

Austin Landing

Austin Landing

Austin Landing

• 142 acre mixed use development featuring entertainment, restaurant, retail, hospitality, office & medical uses

• Construction beginning on a outdoor, fully covered music center and a GoodSports facility with a full service hotel to be complete by fall 2014

The Heights

The Heights• 15 minutes north of Dayton

at I-70 and SR 201 in Huber Heights

The Heights

• 1,417,138 SF of gross leasable area including a 97,000 SF open-air center completed in 2006

• Currently 93% leased

• Located in the South Dayton market at the intersection of SR 741 & SR 725 just east of

I-75

• 30,000 SF of construction for remodels, expansion, and new tenancy for the remainder of 2013 and into 2014

• New tenants include Dick’s Sporting Goods, HH Gregg, Dress Barn, G&G Perfume, The Oil Bar, iLaser Jewelers, Sweet Sensations, T-Shirt Factory, Diamond Plaza, Snob Boutique, and Pinot's Palette

Dayton Mall

Dayton Mall

• 1,138,303 SF of gross leasable area

• Currently 90+% leased

• Located in the Dayton-Springfield metropolitan market on N. Fairfield Rd. just south of I-675

• New tenants include Cinnabon, Nori Japan, Crazy 8, ps from aeropostale, Dolce Mio, Toys R Us Express, XD Max, Jubals

• Renovations and expansions over the past year include Justice, Deluxe Nail Spa, Build-A Bear Workshop, Buckeye Room

Mall at Fairfield Commons

EB For Her

EB Men’s, Kid’s and Home

Mall at Fairfield Commons

• Springfield Town Center Phase II will be an new retail development anchored by Wal-Mart Supercenter and Home Depot located on North Bechtle Avenue, right off Route 68

• Lowes, Kohl’s, Meijer, Target, Best Buy, Michaels, Bed Bath and Beyond, Marshall’s and Ashley Furniture are located in this retail area

• Phase II will build on success of Phase I which includes Buffalo Wild Wings, Glamour Nails, Sport Clips, and Sleep Outfitters

Springfield Town Center

Springfield Town Center

2013/2014 New/Expanding

New/Expanding Retailers and Restaurateurs

For further detail on a specific tenant shown please visit the ICSC website for contact and site expansion information

http://www.icsc.org/

New/Expanding Retailers

New/Expanding Retailers

New/Expanding Retailers

New/Expanding Retailers

New/Expanding Restaurants

New/Expanding Restaurants

New/Expanding Restaurants

ICSC Website

http://www.icsc.org/

Thank you!

For a copy of this presentation or to further explore the Dayton Market, please feel free to contact me.

Paul Howe – 937.475.1963paul@paulhowerealty.com

327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • paul@paulhowerealty.com