Edmond, OK 2018 Year-End Retail Market Summary

Edmond, OK 2018 Year-End Retail Market Summary Special thanks to the Edmond Economic Development Authority for helping put together this survey

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Edmond, OK 2018 Year-End Retail Market Summary THE METRO RETAIL MARKET The overall market occupancy for the Oklahoma City metropolitan area equaled 92 percent at year-end 2018, unchanged from a year ago. This confirms that there has been little overall movement in the aggregate market but belies all the activity behind the numbers. The underlying fact is that retail continues to grow, both nationally and locally. We added 650,000 square feet of space in centers over 25,000 square feet this past year, maintained occupancy, and, for the most part, rents. Much of the pain of the last few years is over store closings have declined, downsizing is still taking place but at a reasonable rate, and retail layoffs have leveled off. Retailers have been focusing on the strategies that have always made retailers successful the customer (both what they want and how they want it), getting their marketing and distribution right, and figuring out the optimal mix of stores and digital. As a result, for the first time in a while, retailers are seeing growth in sales and profits; the market is seeing a wave of new tenants, many of which were birthed over the internet; and, this past Holiday season saw a 5.1% increase in sales, the most in six years. Concerns remain however. The most worrisome concern is the chance of a national recession within the next few years. A downturn is inevitable regardless of the time frame and could stall the retail recovery and the ongoing transformation of the industry. Trade wars could also hurt retailers given how many use overseas suppliers. The retail industry has always been characterized by creative volatility and today is no different. These changes include a focus on smaller spaces, more flexible spaces, internet sales and marketing, alternative non-retail uses, like entertainment, and health and fitness tenants as well as the continued growth of discounters. There is a certain natural pace to these changes which the current market appears to be comfortable with; but, a national disruption such as a recession or escalating trade war would end up putting significant stress on retailers. 1

Oklahoma City Quick Hits This month, economists surveyed by The Wall Street Journal put a 22% chance of a recession occurring over the next 12 months, compared with 14% a year earlier. Farewell to 2018 Third-quarter revenue growth, year over year. 35% Amazon (U.S.) Costco 7.2% Target 5.6% Home Depot 4.9% Walmart (U.S.) 4.0% Best Buy 3.7% Retail Retreat Department-store sales as a percentage of toal retail sales 6% 5 4 Source: FactSet, The Wall Street Journal 3 2 1 A recent report by IHL Group indicates store openings are outnumbering clsures in 2018, with an estimated positive net gain of 3,835 stores nationally. Source: Marketbeat, U.S. Shopping Center Q3 2018 0 Note: Excludes food, motor vehicles and parts and gas; 2018 is through October Source: U.S. Census Bureau Source: The Wall Street Journal Amazon wants to patent mobile warehouses to cut down on delivery times during the last mile of destination. filed with the U.S. Paten and Trademark Office,the patent application is a continuation of an Amazon patent file in 2014. The transient warehouses would be parked in and around cities or towns to supplement Amazon s growing network of brick-and-mortar warehouses across the world. According the the filing, The transient warehouse can be established in a parking lot or on the side of the road, so that other transport vehicles can access the transient warehouse quickly and deliver items to item requesters more efficiently from a centralized location. The transport vehicles can also pick up items from item providers to replenish items for the transient warehouse. Source: Retail News & Views September 5, 2018

Edmond occupancy improved to 89.9 percent from 88.9 percent at mid-year. The improvement appears to be market-wide as several centers improved occupancy modestly. The market is still down from the 90.2 percent at year-end 2017 due to the closure of the Homeland at Edmond Crossing along with some smaller store closures across the market. ShowBiz Cinemas is now open at Covell & Interstate 35. Downtown continues to see a resurgence and includes a number of smaller retail projects. Springcreek Plaza is planning an expansion to the east. Edmond continues to be one of the most desired retail submarkets; virtually all multi-store retailers want to be in the market given Edmond s demographics, particularly incomes and disposable spending. 12% VACANCY 50 ABSORPTION 10% 40 8% 6% 4% 2% (thousands of square feet) 30 20 10 0-10 0% 2014 2015 2016 2017 2018-20 2014 2015 2016 2017 2018 EDMOND 4

Edmond Built/Updated Leasing Agent Total Space Available Space Vacant Rate 1 Rate 2 Anchor Tenants 33rd & Boulevard 1982 Lee Segal 49,400 0 0% $10.00 $0.00 Mardel's E 33rd St & S Boulevard St Lee Segal Family Dollar Alta Mesa 2008 JAH Realty 30,798 1,240 4.03% $26.00 $0.00 Qdoba, Edward Jones 301 S Bryant Ave Ethan Slavin Panda Express Berkshire Plaza 2002 Price Edwards & Company 35,612 1,600 4.49% $14.00 $0.00 Office Depot W 15th St & S Broadway Ev Ernst//Girma Moaning Nhinja Sushi & Wok Boulevard Village 1985 NAI Sullivan Group 36,173 9,415 26.03% $12.00 $12.00 Mardel 3404-3456 S Boulevard St Amir Shams/Nathan Wilson Family Dollar Broadway South 1977 Cushman & Wakefield 61,524 1,300 2.11% $18.00 $22.00 Edmond Music 3320 S Broadway Phillip Farha Broadway Square 1968/2006 Land Run Commercial 93,488 6,102 6.53% $9.00 $15.00 City Bites 3601 S Broadway Troy Humphrey/Anna Russell Wells Fargo Bryant Square 1973/1992 JAH Realty 310,000 20,559 6.63% $0.00 $0.00 Bed Bath & Beyond E 2nd St& N Bryant Ave Elise Lopez Famous Footwear Danforth Plaza 2004 Price Edwards & Company 29,962 2,400 8.01% $10.00 $12.00 State Farm 2000 W Danforth Rd H&R Block Danforth Square 1999 Herndon & Kelly Commercial Real Estate 108,000 1,200 1.11% $14.00 $12.00 Hobby Lobby W Danforth Rd & S Kelly Ave Todd Herndon Edmond Crossing 1995 Price Edwards & Company 151,664 59,000 38.90% $12.00 $16.00 Tuesday Morning 24 E 33rd St Ev Ernst/ TJ Maxx Edmond Exchange 2003 JAH Realty 71,218 1,250 1.76% $0.00 $0.00 On the Border 3233 S Broadway Elisa Lopez U Build It Edmond Market Place 1980/2014 Levy Strange Beffort 99,148 51,467 51.91% $11.00 $21.00 Natural Grocers 3301 S Boulevard Michael Rapella/Jay Cohlmia/Danny Ojeda Traditions Edmond Plaza 1964/2005 Price Edwards & Company 158,373 11,378 7.18% $9.00 $14.00 Westlake Hardware E 15th St & Broadway Ext. Ev Ernst//Girma Moaning Big Lots, Staples Edmond Trails 2007 Sooner Investment 25,215 0 0% $14.00 $15.00 The Bridge Billards 289 S Santa Fe Ave Brad Goodwin Spinal Wellness Center Hampton Village 2010 The Palmer Company 22,958 5,944 25.89% $20.00 $18.00 Chipotle, Mattress Firm 1529-1601 S Broadway Chris Palmer Starbucks, Verizon Homestead Center 2003 Creek Commercial Realty, 39,000 4,026 10.32% $15.00 $0.00 Anytime Fitness, Kobe Sushi Danforth Rd & N Santa Fe Ethan Slavin Buffalo Wild Wings Kelly Centre Shopping Center 2003 Equity Commercial Realty 43,763 7,350 16.80% $10.50 $10.50 Dance Makers 610 S Kelly Ave David Lide State Farm Kelly Plaza 1984 87,583 10,151 11.59% $9.00 $15.00 10 Gym, Family Dollar W Edmond Rd & S Kelly Ave Michael Rapella/DannyOjeda/ JayCohlmia Elephant's Trunk Kickingbird Square 1983/1988 110,000 9,850 8.95% $14.00 $10.00 Pet Supply Plus 1323 W Danforth Rd Jim Rose Kickingbird Cinema Market Depot 1965/2004 Moriah Real Estate Company 82,325 8,500 10.32% $12.00 $20.00 Charleston's 3409 S. Broadway Brock Lytton Traditions Fine Furniture North Oaks 1983/1989 Hayes Brokerage 70,672 10,000 14.15% $10.00 $12.00 Westlake Hardware 821 W Danforth Rd Don Hayes Dollar General, My Dentist Oak Brook Shopping Center 2016 Wiggin Properties 86,711 18,313 21.12% $12.50 $0.00 Planet Fitness 2113 W Edmond Rd Grant Stewart/Don Faulkner The Salvation Army Oxford Pointe Shops 1986 26,600 0 0% $12.00 $14.00 The Archives E 2nd St & S Bryant Ave John Cohlmia The Vision Center Pebble Creek 2001 Key Investments 107,944 0 0% $18.00 $0.00 Kohl's, LA Fitness Danforth Rd & N Santa Fe Shoppes at Edmond University E 2nd St & S Bryant Ave 2000 Price Edwards & Company 77,543 1,400 1.81% $20.00 $20.00 /Phillip Mazaheri Dollar Tree Wal Mart Neighborhood Market Pei Wei, Half Price Books Shoppes at Fox Lake 2016 Price Edwards & Company 27,300 2,000 7.33% $24.00 $22.00 Ortho Plus 941 W. I-35 Frontage Great Clips Shoppes On Broadway 2008 Price Edwards & Company 160,000 24,048 15.03% $18.00 $22.00 Hobby Lobby E 33rd St & S Broadway Everest Ernst// Jacob Simon Bella Strada Spa & Salon Signal Ridge Shopping 1986 Price Edwards & Company 35,000 2,516 7.19% $14.00 $16.00 Physician's PM 1700 S Kelly Ave Daylight Donuts Spring Creek Plaza 2001 Ward Construction 63,000 3,060 4.86% $32.00 $31.00 Panera Bread E 15th St & S Bryant Ave Amanda Ward, Kent Ward Fuzzy's Taco Shop Spring Creek Village of Edmond 2007 Price Edwards & Company 72,273 15,702 21.73% $22.00 $28.00 Legacy Bank, Starbucks E 15th St & S Bryant Ave Everest Ernst// Girma Moaning Louie's, Lucca, Rustic Cuff University Plaza 2000 CRE 400,000 0 0% $14.00 $16.00 Target Super Center E 2nd St & S Bryant Ave Randy Vaillancourt/Mason Ghaniabadi Lowe's Uptown Grocery Center 2011 Esperanza Real Estate Investments 73,350 1,543 2.10% $21.00 $28.00 Uptown Grocery 1230 W. Covell Susan Binkoski Willow Creek 1985 Owner Managed 31,200 0 0% $9.50 $0.00 Edward Jones E 2nd St & N Santa Fe Ave Edmond Totals 2,877,797 291,314 10.12% Family Dentistry EDMOND 5

2018 Edmond Retail Building Permits Date Permit Permit Address Permit Type Square Footage Permit Price January Edmond Retail Shops 2436 E. 2nd St. Retail 15,600 $4,000,000 February Braum's Ice Cream and Burger Restaurant 1001 E. Danforth Rd. Restaurant 6,076 $1,300,000 March Bradbury Station 3641 E. 2nd St. Retail 6,500 $64,500 March AAA Club Alliance 1701 S. Broadway Retail 11,193 $1,735,000 May ShowBiz Cinemas Bowling, Movies and More! 3001 Market St. Retail 64,238 $10,725,000 May Market Square 1A at Covell Village 1048 W. Covell Rd. Retail 22,938 $3,300,000 July The Wash Factory 3521 S. Broadway Retail 4,601 $1,750,000 August Coulter Express Car Wash 3900 E. 15th Street Retail 5,537 $2,000,000 September Edmond Storage Locker 5625 N. Broadway #B1- #B11 Retail 59,013 $2,500,000 November Edmond Town Center 1270 W. Danforth Rd. Retail 14,000 $1,000,000 TOTAL 209,696 $28,374,500 6

2018 Retail Alteration Permits Edmond, OK Date Permit Permit Address Permit Price Permit Type January Wich Pho - Oxford Pointe 1822 E. 2nd St. $150,000 Restaurant January 2nd Street Cigar Co. - Bradbury Station 3681 E. 2nd St. $30,000 Retail January Title Boxing Club - Spring Creek Village 1389 E. 15th St. #144 $50,000 Retail January Edmond Retail Shops 2400 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2404 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2408 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2412 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2416 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2420 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2424 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2428 E. 2nd St. $40,000 Retail January Edmond Retail Shops 2452 E. 2nd St. $40,000 Retail January Salata - Bryant Square 410 S. Bryant Ave. #100 $350,000 Restaurant January Wal-Mart Supercenter 2200 W. Danforth Rd. $20,000 Retail February Tropical Smoothie Café - Danforth Village 2015 W. Danforth Rd. $90,000 Restaurant February Bulgogi Korean Bistro - University Plaza 1102 E. 2nd St. $30,000 Restaurant February Dry Cleaners 801 S. Kelly Ave. $80,000 Retail February Wal-Mart Supercenter 2200 W. Danforth Rd. $61,059 Retail March Starbucks - Shoppes at East Covell 2664 Exchange Dr. $589,430 Restaurant March Bradbury Station - White Box 3601 E. 2nd St. $1,000 Retail March Bradbury Station - White Box 3609 E. 2nd St. $1,000 Retail March Bradbury Station - White Box 3617 E. 2nd St. $1,000 Retail March Bradbury Station - White Box 3625 E. 2nd St. $1,000 Retail March Bradbury Station - White Box 3633 E. 2nd St. $1,000 Retail March Hello Love Salon & Boutique - Campbell Corner 130 N. Broadway #264 $130,000 Retail March Sports Clips - Danforth Plaza 2000 W. Danforth Rd. #102 $65,000 Retail March Kyoto Sushi Bar & Bistro - Spring Creek Village 1389 E. 15th St. #112 $120,000 Restaurant April Bath & Body Works - Bryant Square 516 S. Bryant Ave. $175,000 Retail April Bed Bath & Beyond - Bryant Square 412 S. Bryant Ave. $450,000 Retail April Kelly Plaza Shopping Center 822 W. Edmond Rd. #C $9,000 Retail May Urban Agrarian 1 E. Main St. $50,000 Retail May J.Jill - Spring Creek Plaza 1448 S. Bryant Ave. $245,000 Retail May Aspen Coffee - Bradbury Station 3649 E. 2nd St. $75,000 Retail May Safe Ship - Kelly Plaza 822 W. Edmond Rd. #A $4,000 Retail May Bryant Square 1516 E. 2nd St. $85,000 Retail May Market Square 1A at Covell Village - White Box 1048 W. Covell Rd. #100 $2,000 Retail May Market Square 1A at Covell Village - White Box 1048 W. Covell Rd. #150 $2,000 Retail May Market Square 1A at Covell Village - White Box 1048 W. Covell Rd. #250 $2,000 Retail May The Nail Bar - Shoppes at East Covell 2624 Exchange Dr. $100,000 Retail June Sherry's Drug 220 S. Littler Ave. $94,000 Retail June Tamashii Ramen House 132 E. 5th St. $100,000 Restaurant 7

2018 Retail Alteration Permits Edmond, OK Date Permit Permit Address Permit Price Permit Type June Home Care Assistance of Oklahoma - Universtiy Plaza III 323 S. Blackwelder Ave. $68,000 Retail July Target - University Plaza 1200 E. 2nd St. $2,400,000 Retail July CBD Plus USA - Bradbury Station 3673 E. 2nd St. $50,000 Retail July Edmond Wine Shop 1520 S. Boulevard $15,000 Retail July Boulevard Plaza 3214 S. Boulevard $28,000 Retail July 7-Eleven 325 E. Ayers $5,000 Retail July 7-Eleven 1251 N. Santa Fe Ave. $60,000 Retail July Chris Cox Farmers Insurance 981 N. Santa Fe Ave. $10,000 Retail August Old Navy - Bryant Square 518 S. Bryant Ave. $82,000 Retail August Uptown Cheapskate - Bryant Square 504 S. Bryant Ave. $80,000 Retail August Kendra Scott - Spring Creek Plaza 1452 S. Bryant Ave. $285,000 Retail August Wal-Mart Supercenter - Fox Lake 1225 W. I-35 Frontage Rd. #110 $100,000 Retail August Lemonade House Grille - The Piazza Shoppes 1444 N. Kelly Ave. $125,000 Restaurant August Triangle DJ Contractors - Timberland Crossing 3608 E. I-35 Frontage Rd. $3,400 Retail August Trinity Plaza 2701 N. Broadway $100,000 Retail August Thunder Pools and Spas 1310 S. Broadway $50,000 Retail September JoJo's Tap House - Alta Mesa 309 S. Bryant Ave. #230 $500 Restaurant September Schlotsky's - Broadway Center 3314 S. Broadway $300,000 Restaurant October Kirkpatrick Bank 1400 S. Broadway $500,000 Retail October 777 Food Mart 700 S. Broadway $15,000 Retail October North Oaks Wine and Spirits 1283 W. Danforth Rd. $10,000 Retail October Craft Cannabis Company - Elwood Heights 151 E. 33rd St. #102 $3,500 Retail October Homestead Center North - White Box 1501 N. Santa Fe Ave. #116 $50,000 Retail October Fantastic Sam's - Shoppes at Edmond University 1181 E. 2nd St. $87,900 Retail October K Great Cut - Oak Brook Shopping Center 212 S. Santa Fe Ave. $39,000 Retail November Edmond Town Center - White Box 1200-1244 W. Danforth Rd. $99,996 Retail November Qdoba - Alta Mesa 301 S. Bryant Ave. #140 $180,000 Restaurant November Qdoba - Shoppes at East Covell 2600 Exchange Dr. $250,000 Restaurant November Upstage Theatre - Danforth Square 844 W. Danforth Rd. $40,000 Retail November Don Pepe Café - North Oaks Shopping Center 733 W. Danforth Rd. $800 Restaurant December Results - Signal Ridge 801 Signal Ridge Dr. $350,000 Retail December Market Square 2 1260 W. Covell Rd. #156 $30,000 Retail December Eddie's Liquor - Danforth West 2300 W. Danforth Rd. #110 $20,000 Retail December Tee for the Soul - Chapelridge Commerce Park 1361 Fretz Dr. #110 $4,500 Retail $8,966,085 Total Retail Alterations 8

2018 Retail Addition Permits Edmond, OK Date Permit Permit Address Permit Price Permit Type Date Permit Permit Address Permit Price Permit Type January The Patriarch Craft Beer & Lawn 9 E. Edwards $12,000 Retail August Boulevard Plaza 3236 S. Boulevard $500,000 Retail October Sunnyside Diner 7 E. 2nd St. $100,000 Restaurant December Big O's Pork & Dreams - Edmond Trails 285 S. Santa Fe Ave. $12,000 Restaurant $624,000 Total Retail Additions 9

2018 Edmond-Area Retail Transactions MONTH BUYER ADDRESS BUILT SIZE UNITS SELLER PRICE PRICE PER SF USE January January January February Bellweather GRA Properties Lonetree Properties Village at Coffee Creek February Lauw Management March March March March Regional University System of Oklahoma Marketplace HLSS1 Wash RE OKC Metro Broadway 16321 N. Pennsylvania 13220 N. Pennsylvania 2013 3,824 SF 2004 10,846 SF St. George Holdings Affinity Group $968,000 $253 $1,800,000 $166 165 E. 33rd Street 1980 7,488 SF Parolee Pugh $1,100,000 $147 775 W. Covell #100 775 W. Covell #110 24 NW 144th Circle #A 101 N. University Drive 2300 W. Memorial 14000 N. Interstate 35 Frontage 3521 Broadway Extension 2003 28,387 SF 2007 2003 8,602 SF 1964 12,105 SF BKDL Investments Sabre Properties Leona A. Thompson Trust $5,724,999 $202 $720,000 $84 $700,000 $58 1998 35,201 SF NP I & G $43,499,996 $1,236 1998 2000 2001 2014 110,368 SF 1995 5,490 SF March Scotty 727 S. Broadway 1960 3,250 SF March March April TPP Bryant Masters Quail Blue Water Properties SE Corner of S. Bryant & E. 2nd Street 2025 NW 142nd Street 2100 E. Edmond 1980 171,077 SF 1980 81,650 SF 1978 3,546 SF 2017 8,750 SF 2017 7,350 SF 2017 3,378 SF 2018 4,800 SF 2006 8,049 SF April Agree Edmond OK 24 E. 2nd Street 1964 31,100 SF USTORAGEOK COM Apple Properties Kelly Moore Paint Company Inc. IA Edmond Bryant Super Centers Inc. $8,499,999 $77 $1,075,000 $196 $610,000 $188 $37,999,996 $135.45 $3,200,000 $398 1999 4,082 SF EDM E 2 RE $912,500 $224 Reserve Partners $7,654,999 $246 May University Retail 1340 E. 2nd Street 2004 13,120 SF AC Realty $2,790,000 $213 May June June July 13060 N Penn Rockwell Edmond and Truong Edmond NNS Edmond Crossing River JJ 13060 N. Pennsylvania 17850 N. Pennsylvania 2017 2,028 SF Westgate CC LP $2,115,000 $1,043 2014 13,582 SF Edmond ZCF Pharmacy DST Penn Pointe Car Wash China King Buffet and Grill restaurant Elwood Heights shopping center Village Center II at Coffee Creek shopping center Waterfront at Oakmond Radcliff's Textbook Marketplace US Storage Centers Former Applebee's restaurant Kelly-Moore Paints Bryant Square shopping center Fast Lanes Car Wash and Oil Change Former Henry Hudson's restaurant Sprouts Farmers Market University Plaza Starbucks $3,352,000 $247 CVS 128 E. 33rd Street 1995 6,500 SF TYL Energy LTD $1,025,000 $158 Aaron's 2001 NW 142nd Street 2015 14,000 SF ZLW Inc. $2,500,000 $179 Fuze Buffett & Bar restaurant 10

2018 Edmond-Area Retail Transactions MONTH BUYER ADDRESS BUILT SIZE UNITS SELLER PRICE PRICE PER SF USE July Guthrie GW Lease 231 S. Coltrane 1984 12,900 SF Sunny Hotels $1,609,000 $70 Station at Smithcot and Smithcot Square s 2822 E. 2nd Street 1980 10,000 SF August Rader Building Company Inc. 981 S. Santa Fe 1997 2,552 SF Water N Woods Land and Leason Family Trust $421,500 $165 State Farm September 16425 NG 16425 N. Western 2014 15,956 SF National Retail Properties LP $5,599,999 $351 Natural Grocers September JLM Properties 1000 S. Broadway 1955 2,760 SF Egghead Flats $550,000 $199 Earth Cuckoo October Hassapis Family Trust 2404 W. Memorial 2016 3,025 SF HGA Quail Springs $1,950,000 $645 Sleep Number Studio October Donald E. Daye and Lidan Daye 1310 S. Broadway 1960 1,082 SF JLM Properties $450,000 $416 Former Sonic October Cardinal Education Real Estate Holdings 17440 N. Western 2003 8,330 SF Gregel School Property II $2,471,500 $297 The Goddard School daycare October Cardinal Education Real Estate Holdings 17460 N. Western 2010 12,380 SF Gregel Edmond Annex $2,471,500 $200 The Goddard School daycare October Joseph Ngo and Tracy Lu Ngo 2929 E. Memorial 2007 1,844 SF LA Property Holdings $1,220,000 $662 Starbucks October Dollar Storage 14333 N. Santa Fe 2006 69,663 SF JM Assets LP $3,335,000 $48 Dollar Storage October G & D Properties 1135 E. 9th Street 1930 1,140 SF Eeny Meeny Miny Moe $387,000 $339 The Kid's Place of Edmond daycare November 3 Strands Property Management 801 Signal Ridge Drive 2001 8,401 SF Kelly Re Development $1,100,000 $131 Former Lottinvilles restaurant December Abadan Properties 2402 W. Memorial 2018 6,545 SF JF QS OKC $2,381,000 $364 Outback restaurant December MDC Coast 12 1401 S. Santa Fe 1999 2,619 SF Raving Fan Investments $1,212,500 $463 Arby's restaurant December National Retail Properties LP 13300 N. Pennsylvania 2003 3,065 SF JWD Properties $986,500 $322 Arby's restaurant Average 18,557 SF $4,482,147 $242 Total 760,835 SF $152,392,988 11

2018 Edmond-Area Retail Lease Transactions MONTH TENANT SIZE TYPE ADDRESS CENTER January Metro Diner 4,000 Retail 3000 W. Memorial, Suite 109 January Starbucks 2,200 Retail 2664 Exchange Drive January Diamond Vapors 1,350 Retail 74 E. 15th Street, Suite 74 January Hear Again Hearing Aid Lab 1,471 Retail 3000 W. Memorial, Suite 130 April City National Bank 3,156 Retail 3801 N. May Shoppes at Shoppes at East Covell LEASING AGENT LEASING COMPANY Edmond Plaza Everest Ernst Shoppes at North Pointe Shoppes at April Agape Chiropractic 900 Retail 3709 E. 2nd Street Bradbury Station April Binswanger Enterprises 3,000 Retail 601 E. Memorial Danny Ojeda, Michael Rapella & Jay Cohlmia Alaina McGlothin & KC Thompson Rod Baker; Corry Mazza Susan Brinkley CBRE Baker First Commercial Real Estate; Carr Healthcare Realty April Digimedia.com LP 2,000 Retail 102 S. Broadway Allison Bailey April April May Bear Track holdings, dba Black Bear Diner Moxie Pest Control Mercy-GoHealth Urgent Care/Acess Clinical Partners 7,287 Retail 3015 W. Memorial 4,000 Retail 2600 Linda Lane, Suites 4 & 5 2,442 Retail 1380 W. Covell May The Property Center 4,447 Retail 2905 NW 156th Street May Sports Clips 2,849 Retail 2000 W. Danforth May Kyoto Sushi Bar and Bistro 2,278 Retail 1389 E. 15th Street, Suite 112 May Vapor World 1,575 Retail 1425 S. Santa Fe, Suite A May The Vault Comics & Collectibles Centennial Industrial Park Market Square @ Covell Village Michael Almaraz and Louis Almaraz Zac McQueen and Amir Shams Alaina McGlothin & KC Thompson NAI Sullivan Group CBRE Prestige Plaza Danforth Plaza Spring Creek Village Santa Fe Pointe 1,197 Retail 800 S. Kelly Kelly Plaza Rosha Wood May V Nails 2,560 Retail 3325 S. Boulevard, Suite 153 June Ziggy's 2,895 Retail 1720-E S. Broadway June Hummus Café 2,816 Retail 3000 W. Memorial, Suite 101 June June June Saint JoJo Enterprises, dba CBD Plus Johnson Concepts, dba Aspen Coffee CBD Health Clinic, dba CBD Health Edmond Marketplace Danny Ojeda & Michael Rappella; Stuart Graham ; CBRE Edmond Plaza Shoppes at 1,800 Retail 3673 E. 2nd Street Bradbury Station 1,500 Retail 3649 E. 2nd Street Bradbury Station 1,200 Retail 2128 NW 164th Street Penn Pointe Shopping Center Rod Baker, CCIM Rod Baker, CCIM Danny Ojeda, Michael Rapella & Jay Cohlmia; Jerry Bertholdi Baker First Commercial Real Estate Baket First Commercial Real Estate ; JB&A Real Estate and Development 12

2018 Edmond-Area Retail Lease Transactions MONTH TENANT SIZE TYPE ADDRESS CENTER June Cork and Bottle Liquor Store 4,150 Retail 2200 NW 164th Street June Hockings Consulting 1,400 Retail 2528 W. Memorial July The Body Barre 2,026 Retail 1333 N. Santa Fe July The Nail Bar 1,795 Retail 2664 Exchange Drive, Suite 104 July Peaceful Portions 625 Retail 3248 S. Broadway, Suite 190 July Bombshell Beauty Bar 2,300 Retail 15011 Bristol Park Boulevard August August Balance Women's Health Ellis Island Coffee and Wine Lounge 1,350 Retail 1429 S. Bryant 1,216 Retail SE Corner of E. 33rd Street and S. Bryant September Party City Corp. 14,017 Retail 13730 N. Pennsylvania, Suite 5 September September September Club Pilates Edmond N Penn, dba Club Pilates Kendall & Amy Slabaugh, dba Cann Help Wellness JK Hair Co., dba JK Salon 1,421 Retail 15124 Lleytons Court, Suite 105 1,400 Retail 628 W. Edmond 1,200 Retail 3325 S. Boulevard, Suite 153 Penn Pointe Shopping Center Shoppes at Homestead Center Shoppes at East Covell Shoppes on Broadway Bristol Park Spring Creek Village Shoppes at Cheyenne Ridge Memorial Square Shopping Center Shops at North Penn Edmond Business Park Edmond Marketplace LEASING AGENT Danny Ojeda, Michael Rapella & Jay Cohlmia Jim Rose Susan Brinkley & Phillip Mazaheri Susan Brinkley David Hartnack, Sam Swanson & Nathan Wilson Everest Ernst Mark Inman, Stuart Graham, Ryan Storer & Kendra Roberts Stuart Graham, Mark Inman, Ryan Storer & Kendra Roberts Jim Rose Danny Ojeda, Michael Rapella & Jay Cohlmia LEASING COMPANY NAI Sullivan Group CBRE CBRE October Pinot's Palette 2,816 Retail 3000 W. Memorial Shoppes at October Platinum Edge Barber Shop 1,380 Retail 3705 W. Memorial Chase Plaza October Qdoba Mexican Eats 2,700 Retail 2664 Exchange Drive Shops at East Covell & Phillip Mazaheri December Thomas Wickliff 1,750 Retail 640 W. Edmond Jim Rose December Jumptronics 1,221 Retail 1001 W. Memorial, Suite 3B Ten-01 West Danny Ojeda, Michael Rapella & Jay Cohlmia December Merle Norman 625 Retail 3248 S. Broadway, Suite 190 Shoppes on Broadway Everest Ernst 13

5.1 MILLION square feet of office and industrial space 3.9 MILLION square feet of retail space 4,000 multifamily units $5 BILLION in closed transactions OKLAHOMA S LEADING COMMERCIAL REAL ESTATE FIRM Price Edwards & Company 210 Park, Suite 700, Oklahoma City, OK 73102 Phone (405) 843-7474 Fax (405) 236-1849 www.priceedwards.com