Washington Square - Redevelopment by macerich1

BIG CITY EXCITEMENT, SMALL TOWN CHARM The largest city in Oregon, Portland is a highly educated, socially diverse, and well-rounded region with more to offer than ever before. From a culturally rich downtown and a high-tech employment hub, to an expansive wilderness for the nature-minded, it’s a community with modern ideas and expectations.

And it’s growing by all measures.

OREGON Ranked 10th Best Place to Live in the U.S. (US News)

4th top-producing state for wine, with 676 wineries in the renowned Willamette region

Silicon Forest, where technology companies from across the globe call home 2

PORTLAND Ranked #5 Best Place for Businesses and Careers (Forbes)

#16 Best City for Young Professionals in America (Niche) 36 Universities with 150,000 students within 50 miles Nike World Headquarters, Portland

Home to:

World Headquarters employs 12,000 on sprawling 400-acre campus

6,000 employees and ranks within the Top 50 of America’s Best Employers (Forbes)

U.S. Headquarters has a growing workforce of 1,700 (nearly doubled in the past 4 years)

70,000 S.F. Global Performance Innovation Center

Google expanded its Portland office by 40%

Global center for the largest and most advanced operations, with 20,000 employees

OUR VISION FOR THE FUTURE Imagine what we could do with an additional 16 acres - a place to bring together emerging brands, curated dining with an activated community plaza, 24/7 energy from hotel guests and residences, and unique entertainment including a first-class cinema. Our vision will further solidify Washington Square’s position as the premier shopping center for Oregon and Southwest Washington. Today, the center’s retail mix draws more than 10 million visitors annually, yet there is still demand for more.

Our opportunities are immense.

GORMARTIN LANE

Mall Address:

WASHING TO

P05

N SQUA RE ROAD

SITE PLAN GR

US BANK 7,990 SF

PALMBLAD ROAD

20,397 SF

WASHINGTON SQUARE 9585 S.W. Washington Square Portland, OR 97223 Phone: (503) 639-8860 Fax: (503) 620-5612

RETAIL BUILDING

29,379 SF

25,416 SF

P03

THIRSTY LION 7,125 SF

ING

RETAIL BUILDING 33,722 SF

BLUM ROAD

S.W. HALL BLVD.

Q01

210,585 SF

For Leasing Information Contact: Zack Gaskell Macerich 401 Wilshire Blvd., Ste 700 Santa Monica, CA 90401 Phone: (424)229-3506 Fax: (424)229-3244 For Restaurant Leasing Contact: Dannon Shiff Macerich Phone: (424) 229-3536

P01A JAGUAR LAND ROVER PORTLAND 62,000 SF

P04

BANK OF AMERICA BANK OF 5,378 SF AMERICA

JAGUAR LAND ROVER

RED ROBIN

P01 EXISTING PARKING FIELD

90,000 SF COURTYARD

COURTYARD

ELIANDE

R LANE

PARKING BELOW

CINEMA

FOOD AND BEVERAGE

1-101 GLA=1015 SF

1 LEVEL PARKING 5 LEVELS RESIDENTIAL

FOOD AND BEVERAGE 5-101 GLA=985 SF

1-102 GLA=5298 SF

(10 STALLS)

FOOD AND BEVERAGE

O01

4-101 GLA=3730 SF

PLAZA

242,505 SF

ENTERTAINMENT 1 2-101 GLA=31767 SF

228'-0"

FOOD AND BEVERAGE 3-101 GLA=2927 SF

FOOD AND BEVERAGE FOOD AND BEVERAGE 3-102 GLA=6091 SF

N01 BLUM ROAD

WELLS FARGO 6,548 SF

3-103 GLA=4515 SF

LAST UPDATED: 11.27.19 BY: G2

NEW PARKING FIELD AREA Q2 (90 STALLS) DN

S01

Note: This is a schematic plan only intended to show the general layout of the shopping center or part thereof. This plan is not to be scaled.

180,000 SF LEVEL 1 OF EXISTING 4 STORY PARKING STRUCTURE

12 8

SITE PLAN

NORTH

Residential Residential

COURTYARD

Cinema CINEMA

1 Level Restaurants FOOD AND BEVERAGE

FOOD AND BEVERAGE

1-101 GLA=1015 SF

1 LEVEL PARKING 5 LEVELS RESIDENTIAL

FOOD AND BEVERAGE 5-101 GLA=985 SF

1-102 GLA=5298 SF

PARKING BELOW

(10 STALLS)

FOOD AND BEVERAGE 4-101 GLA=3730 SF

PLAZA

ENTERTAINMENT 1

Entertainment Level 1 2-101 GLA=31767 SF

228'-0"

FOOD AND BEVERAGE 3-101 GLA=2927 SF

FOOD AND BEVERAGE FOOD AND BEVERAGE

3-103 GLA=4515 SF

3-102 GLA=6091 SF

NEW PARKING FIELD AREA Q2 (90 STALLS) DN

LEVEL 1 OF EXISTING 4 STORY PARKING STRUCTURE

Parking Garage 12

Entertainment Level 2

Cinema Entertainment F&B/Retail Hotel Residential Parking Available

EXISTING ARKING FIELD

COURTYARD

PARKING BELOW

CINEMA

FOOD AND BEVERAGE

1-101 GLA=1015 SF

1 LEVEL PARKING 5 LEVELS RESIDENTIAL

FOOD AND BEVERAGE 5-101 GLA=985 SF

1-102 GLA=5298 SF

(10 STALLS)

FOOD AND BEVERAGE 4-101 GLA=3730 SF

PLAZA

ENTERTAINMENT 1 2-101 GLA=31767 SF

228'-0"

FOOD AND BEVERAGE 3-101 GLA=2927 SF

FOOD AND BEVERAGE FOOD AND BEVERAGE

3-103 GLA=4515 SF

3-102 GLA=6091 SF

NEW PARKING FIELD AREA Q2 (90 STALLS) DN

Looking north into the existing mall. Hotel to the west and multi-family to the east. LEVEL 1 OF

EXISTING 4 STORY PARKING STRUCTURE

Entertainment Level 2

EXISTING ARKING FIELD

COURTYARD

PARKING BELOW

CINEMA

FOOD AND BEVERAGE

1-101 GLA=1015 SF

1 LEVEL PARKING 5 LEVELS RESIDENTIAL

FOOD AND BEVERAGE 5-101 GLA=985 SF

1-102 GLA=5298 SF

(10 STALLS)

FOOD AND BEVERAGE 4-101 GLA=3730 SF

PLAZA

ENTERTAINMENT 1 2-101 GLA=31767 SF

228'-0"

FOOD AND BEVERAGE 3-101 GLA=2927 SF

FOOD AND BEVERAGE FOOD AND BEVERAGE

Pedestrian level view looking south toward both multi-family projects. NEW PARKING FIELD AREA Q2 (90 STALLS)

LEVEL 1 OF EXISTING 4 STORY PARKING STRUCTURE

3-103 GLA=4515 SF

3-102 GLA=6091 SF

EXISTING ARKING FIELD

COURTYARD

PARKING BELOW

CINEMA

FOOD AND BEVERAGE

1-101 GLA=1015 SF

1 LEVEL PARKING 5 LEVELS RESIDENTIAL

FOOD AND BEVERAGE 5-101 GLA=985 SF

1-102 GLA=5298 SF

(10 STALLS)

FOOD AND BEVERAGE 4-101 GLA=3730 SF

PLAZA

ENTERTAINMENT 1 2-101 GLA=31767 SF

228'-0"

FOOD AND BEVERAGE 3-101 GLA=2927 SF

FOOD AND BEVERAGE FOOD AND BEVERAGE

Pedestrian level view looking south toward both multi-family projects. NEW PARKING FIELD AREA Q2 (90 STALLS)

LEVEL 1 OF EXISTING 4 STORY PARKING STRUCTURE

3-103 GLA=4515 SF

3-102 GLA=6091 SF

Largest in state

Oregon’s only location

Flagship location

First-to-market

CLICK-TO-BRICKS Washington Square draws major e-tailers looking to grow their business with physical stores.

1st indoor mall location & 3rd overall

1st west coast store and 4th in the country

1st Oregon store

First-to-market

THE BEST NAMES EXPERIENCES

At this popular destination for locals and tourists, shoppers already enjoy over 160 specialty and department store brands and delectable dining options.

And it’s sales tax free. Homegrown boutiques. Iconic national brands. New and emerging concepts. Renowned foodie favorites. It all reflects the laid back, yet experience-forward attitude of world-famous Portland.

Are you next?

AN INTERNATIONAL MUST SEE, MUST DO More people than ever are coming to Oregon and hail from all over the world, with a majority from the top three visitor markets of Japan, China and the United Kingdom. Set against the backdrop of majestic Mount Hood, Portland’s sophisticated cosmopolitan atmosphere yet small-town warmth make it a natural stop for sophisticated global travelers.

29.7 million domestic and international visitors generated $12.8 billion in revenue in 2019

94% increase in international passengers at Portland International Airport, PDX, with added direct flights to China and Japan (2018) PDX is Travel & Leisure’s #1 Domestic Airport for 6 consecutive years Oregon is on track to be the 6th Fastest-growing State for International Tourism (Travel Oregon) Shopping is the #1 activity for visitors (Travel Oregon)

AND IN OUR OWN BACKYARD Much of the evolution of the market has been driven by a population that is primarily young, well-educated, kid-centric, and eclectic. A strong daytime population and homes with higher than national average income – added to an international traveler base – are the perfect ingredients for the 10.5 million annual shoppers who visit Washington Square. Of course, Washington Square has direct access to major highways and exceptional visibility. Within a 7-mile radius:

555,000 residents 6.1% five-year population growth (nearly double the U.S. avg of 3.6%) $121,000 U.S. avg household income (31% above U.S. avg of $92,000) 44% households with income $100K+ (12% above U.S. avg of 32%) 39.2 median age (U.S. avg is 38.8) 636,000 daytime population

INNOVATE ELEVATE

Macerich has a long and distinguished track record of successfully redeveloping and repositioning trophy properties in outstanding markets to deliver even more value. We continually look for opportunities to elevate the merchandise mix and to densify the ground, each way highly specific to the property. Take Washington Square in Portland, Oregon.

In a community known for boundless adventure – Macerich is taking a “no limits” approach to redefining the iconic center’s footprint.

METRO SAN FRANCISCO Walnut Creek Broadway Plaza Corte Madera The Village at Corte Madera

Niagara Falls, NY Fashion Outlets of Niagara Falls Portland Washington Square Eugene Valley River Center

Saratoga Springs, NY Wilton Mall

Rosemont Fashion Outlets of Chicago

Danbury, CT Danbury Fair Mall

Davenport NorthPark Mall Sacramento Arden Fair* Fair Modesto Vintage Faire Mall Fresno Fresno Fashion Fair

Boulder Twenty Ninth Street

Des Moines Southridge Broomfield FlatIron Crossing

Moline SouthPark Mall

Kansas City Country Club Plaza

Ventura Pacific View

Cerritos Los Cerritos Center Downey Stonewood Center Lakewood Lakewood Center Los Angeles Los Angeles Premium Outlets Santa Monica Santa Monica Place San Bernardino Inland Center Thousand Oaks The Oaks Victorville The Mall of Victor Valley

Evansville Eastland Mall Elizabethtown Towne Mall Harrisonburg Valley Mall

Santa Barbara La Cumbre Plaza

METRO LOS ANGELES

Chicago The Shops at North Bridge

Lubbock South Plains Mall

METRO PHOENIX Chandler Chandler Fashion Center, The Boulevard Shops Gilbert SanTan Village Glendale Arrowhead Towne Center Mesa Supers on Springs Center Phoenix Biltmore Fashion Park, Desert Sky Mall Sco sdale Kierland Commons, Sco sdale Fashion Square

Tysons Corner Tysons Corner Center

THE GREATER NEW YORK METRO Valley Stream, NY Green Acres Mall Elmhurst, NY Queens Center Brooklyn, NY Kings Plaza Glendale, NY The Shops at Atlas Park Freehold, NJ Freehold Raceway Mall

PHILADELPHIA METRO Philadelphia, PA Fashion District Philadelphia Dep ord, NJ Dep ord Mall

*Third Party Managed

MACERICH (NYSE: MAC) ONE OF THE NATION’S LEADING OWNERS, OPERATORS & DEVELOPERS OF MAJOR RETAIL PROPERTIES IN ATTRACTIVE U.S. MARKETS. INCLUDING CALIFORNIA, THE PACIFIC NORTHWEST, ARIZONA, AND THE METRO NEW YORK TO WASHINGTON, D.C. CORRIDOR.