ANew Level of Lifestyle

Eighteen lifestyle centers, eighteen communities, hundreds of leasing opportunities. On the following pages,

Some of the centers are highlighted with a computer-mouse icon; be sure to check them out online at www.chainstoreage.com/realestate , where you’ll find additional information, including leasing details.

Located in the middle of a recently designated Regional Activity Center, Promenade at Coconut Creek, Stanbery’s first full mixed-use project, will feature retail and office space in Phase 1. Future residential development is planned. This dynamic town center will feature several intersecting streets, creating a downtown core for a trade area ripe for the upscale combination of better national retailers, restaurants, cafes and specialty services.

The center is located just one-quarter mile south of the Florida Turnpike and Sawgrass Expressway interchange, which expands the convenient reach beyond the densely populated immediate trade area of more than 500,000 people.

Originally developed as the 430,000-sq.-ft. Hammond Square Mall, the new Hammond Square will be twice the original size, situated on about 100 acres, and is designed as a combination power center and open-air lifestyle center. The development site is located on U.S. 51 Business (S.W. Railroad Avenue) and has unparalleled access and visibility to Interstate 12. It is conveniently located near Southeastern Louisiana University, with more than 15,000 students, and North Oaks Medical Center, the largest hospital in the region, with more than 2,500 employees.

State and local officials estimate that since Hurricane Katrina in August 2005, the population of Tangipahoa Parish has increased by more than 15,000 new residents from the affected areas near New Orleans, a permanent shift of population.

A reinvention is taking shape, as the former site of Coliseum Mall in Hampton, Va., is revitalized and the modern, energetic Peninsula Town Center takes its place. The 75-acre project will incorporate 1.1 million sq. ft. of retail, dining, entertainment, office and residential space into the Virginia Peninsula community. At the intersection of Interstates 64 and 664, the Peninsula is part of a city-sponsored master plan of $1.5 billion in public and private investments, which includes upscale residential developments, a state-of-the-art convention center, and a nature park with walking, biking and kayak trails.

The Peninsula Town Center is being jointly developed by Mall Properties, Inc. and Steiner + Associates and is scheduled to open in spring 2009.

The Shops at Wiregrass will be a true gathering place for the community, with retail and entertainment components, tree-lined streets and lush landscaping. Situated on 66 acres, the project is developed by Cleveland-based Forest City Commercial Group and West Palm Beach, Fla.-based The Goodman Co., and will feature an enticing mix of major retailers including three major department stores, 100 specialty retail stores and boutiques, and an array of cafes, casual and signature restaurants. J.C. Penney, the first major department store anchor, opened its doors in fall 2005.

The Shops at Wiregrass is part of Wire-grass Ranch, a 5,000-acre, master-planned community that, when fully built, will consist of 12,000 homes, 4.4 million sq. ft. of commercial space, 3.9 million sq. ft. of office space, an educational campus, a 100-bed hospital/medical center and schools.

Upscale shopping, a night at the movies, and fine dining—all in a pedestrian-friendly, open-air environment. Legacy Place will be the ultimate destination to work, shop and play—with style.

New and unique anchors will offer a compelling mix of fashion, food and fun—right in the heart of a dense primary trade area consisting of more than 300,000 people with an average household income of over $100,000. The spectacular 700,000-sq.-ft. complex will be Boston’s first lifestyle center within Route 128. All major area roads converge at the site offering unparalleled access. Located at the intersection of Interstate 95 and Route 1, Legacy Place will also be home to the new world headquarters for National Amusements.

Legacy Place is a joint partnership between National Amusements and W/S Development.

Guilford Commons is positioned to become the dominant retail destination in the market with terrific access and visibility from Interstate 95. The closest shopping centers or shopping districts with a similar tenant mix (upscale lifestyle retailers) and comparable size are located more than 30 miles away in Westport and Hartford, Conn., and Providence, R.I. The immediate trade area is underserved, with nearby community centers featuring a tenant mix of discount stores and big-box retail.

In addition to filling a void in the retail landscape, Guilford Commons is surrounded by remarkable trade-area demographics. Within a five-mile radius of the site, the demographics include an average household income exceeding $115,000.

Combining quality at every turn, this lifestyle/entertainment center has a Tudor design set in a Main Street layout. Occupying a former tree nursery, The Arboretum of South Barrington will be heavily landscaped (more than 2,700 new trees), pedestrian-friendly, and will sit at a major four-way interstate highway interchange.

With a superb mix of dining and upscale merchants coupled with its proximity to Cabela’s (with its more than 4 million visitors) and the 11,000-seat Sears Centre Arena, The Arboretum draws both nearby residents and visitors from outside the immediate area. The primary trade area is more than 400,000 people with an average income of $97,000 per household. Secondary trade area is over 1 million. Within a 15-minute drive are more than 60,000 office workers from Motorola, Allstate, Sears, AT&T, Alexian Medical Center and other employers.

The Summit is Bayer Properties’ flag s h i p brand unveiled in Birmingham (1997) by company executives Jeffrey Bayer and David Silverstein. Since that time this center has dominated the regional landscape serving as its premiere shopping destination. The convenient location is a leisure-time shopping favorite with unique shops, restaurants and entertainment along with beautiful landscaping, fountains and bronze statues.

“Our strategy is simple,” says Bayer Properties LLC principal and CEO Jeffrey Bayer. “Offer shoppers unique stores that they can’t find anywhere else and put them in a relaxing environment where they can enjoy themselves.”

In addition to a vibrant lifestyle tenant mix, The Fountains has been designed with unique architectural flair and as an oasis for shoppers, who will be surrounded by terrific amenities. The Fountains is true to its name, with several marquee water fountains including a show fountain that dances to music and lights every half hour. The center also features an interactive fountain designed for all ages to enjoy, and features two other beautifully decorative fountains that spray water 30 feet in the air.

The outside eating area of McCormick & Schmick overlooks a pond with a waterfall and live fish. The Fountains also offers an abundance of open space including a Main Street central walk housing a fire pit, life-sized bronze animals, serene resting spots and interesting activities. Other amenities include a performance stage and children’s playground.

Randhurst Mall is an existing 100-acre shopping center which was the first regional mall in the Chicagoland area when it was built in 1962. The mall will be redeveloped by demolishing the core two-level structure, leaving the surrounding anchor stores and converting the existing basement into convenient parking for non-retail uses.

The current retail anchor tenants and outparcel restaurants and banks will remain