The District at 1515

THE DISTRICT AT

15fifteen

a new mixed-use project 1515 Route 10, Parsippany, NJ 07054 (40.839196, -74.454327)

a new downtown retail

residential

dining

office

hotel

The District at 15fifteen is an exciting new mixed-use project strategically located in Morris County, New Jersey. The project has 1,000 linear feet of frontage along Route 10, which carries more than 85,000 vehicles per day past the site. The property is bordered to the east and west by Interstate 287 and Route 202, respectively, giving it exceptional access and visibility within the region. The trade area is devoid of any significant retail or restaurant, and is ideal for a new destination that provides a combination of upscale national and local retailers, restaurants, cafes and specialty services that create a much needed vibrant downtown atmosphere.

206 23

trade

287

area

MONTVILLE 80

Rockaway Townsquare

ROCKAWAY

MOUNTAIN LAKES

DENVILLE

80

46

The Shoppes at Union Hill

46

318,773

46 53

10

287 THE DISTRICT AT

15fifteen

513

HANOVER

206

$158,458

PARSIPPANY

10

MORRIS PLAINS

120,321

MENDHAM

Willowbrook Mall

80 202

RANDOLPH

Population

Households

202

80

EAST HANOVER

MORRISTOWN

280 10

LIVINGSTON

513

24

Livingston Mall

202 5 MILE RADIUSMADISON

Average HHI

24

CHATHAM

43,075 (35.8%)

The Mall at Short Hills

SUMMIT

Annual HHI of $150K+

78

5 Mile Radius

Int

Trade Area 12 Minute Drive

DOWNTOWN WESTFIELD y

Annual HHI of $200K+

78

kw

26,230 (21.8%)

287

exceptional

market

5 12 mile radius

minute drive

Population 145,673 Households 56,246 Average HHI $155,577 Annual HHI of $150K+ 20,361 Annual HHI of $200K+ 12,262

Population 298,803 Households 112,948 Average HHI $157,232 Annual HHI of $150K+ 36,771 Annual HHI of $200K+ 42,202

NEW & COMING SOON TO ROUTE 10 CORRIDOR

202

287

10

New Jersey Route 10 B

A

C

D

A

D

D

A

E

THE DISTRICT AT

15fifteen

The District at 15fifteen Existing Retail New Location as of 2015 Coming Soon

202

287

TRAFFIC FLOW Dry de ay nW

ROUTE 10 EAST

10

ROUTE 10 WEST

New Jersey Route 10

B

A

C

D

A

TO MACK-CALI OFFICE PARK

D

D

A

E

TO/FROM JOHNSON ROAD

Entrances

46

80

Mo

un

t Lit

53

tP

lea

sa

nt

Av e

nu

e 10

let

o

o nR

ad 80

GLAXOSMITHKLINE

287

ZOETIS

GAF ROOFING

PINNACLE FOODS INC.

any Roa

d

PBF ENERGY

Parsipp

202

THE DISTRICT AT

15fifteen

r Av

enu

New Location

le A ven

Major Employers

10

287

eda

ove

The District at 15fifteen

e

Ridg

Han

202

Company HQ

ue

53

10

202

W

hi

p

n pa

y

a Ro

d

SR

world-class

companies The surrounding office market contains over 14 million square feet of corporate office facilities fueling the strong daytime population. Many Fortune 500 companies have their world or US headquarters within close proximity to the site. A number of international pharmaceutical companies including Bayer HealthCare, Novartis

5

mile radius

and Teva Pharmaceuticals house their US headquarters in this office market, in addition to Johnson & Johnson and GlaxoSmithKline, which have major facilities.

fortune 1,000 company headquarters*

daytime workers within 5 miles

11,032

businesses within 5 miles

Pinnacle

zoetis

183,269

PBF Energy

191Corporate HQ’s employing over 51,000 people

16 million+ sf *North American Headquarters

of corporate office facilities

vibrant new

destination The District at 15fifteen is an exciting new mixed-use destination in the heart of Morris County, NJ, located at 1515 Route 10 in Parsippany. The project will integrate a unique high-end retail and restaurant tenant mix and residential options not currently available in the county — the 12th wealthiest in the country.*

The District will be a community gathering place for such things as a weekly farmers market, a summer concert series, and holiday events, along with the site’s convenient location and excellent visibility. It will provide a true and much needed downtown in an area where one does not exist.

Positioned to serve the strongest areas of Morris County, NJ, including Parsippany, Morris Plains, Morristown, Hanover, Madison, Randolph, Mountain Lakes and more, the center will be able to capitalize on the affluent households in the market: $141,770 average HHI in a 7-mile radius.

The market is exceptional by all standard demographic measures. Whether measuring the market by a 5- or 10-mile radius, each boasts an average HHI of over $155,000 annually, with greater than 36% of the HH’s earning over $150,000, a median home value greater than $500,000 and a population in which 59% hold a bachelor degree or better. * By median HHI according to the 2015 American Community Survey prepared by the US Census Bureau

The District at 15fifteen DEMOGRAPHIC COMPARISONS

RANK THE DISTRICT OUT AT 15FIFTEEN

OF 11 PARSIPPANY, NJ

TICE’S CORNER

THE THE GROVE AT PROMENADE SHREWSBURY WOODCLIFF AT SAGEMORE

LAKE, NJ

PRINCETON BROOK 35 TOWN CENTER SOUTHLAKE EASTON TOWN MARKETFAIR PLAZA TOWN SQUARE CENTER

MARLTON, NJ SHREWSBURY, NJ PRINCETON, NJ

SEAGIRT, NJ

KIERLAND DERBY STREET COMMONS SHOPS

LEAWOOD, KS SOUTHLAKE, TX COLUMBUS, OH SCOTTSDALE, AZ

HINGHAM, MA

5 MILE Population

6

145,673

215,785

152,880

136,842

100,509

120,471

214,461

130,791

280,795

207,404

132,529

Number of HH’s

6

56,246

74,182

62,142

54,021

36,356

50,595

93,790

46,029

116,881

92,440

53,080

Per-Capita Income

4

$60,239 $60,846 $53,597 $57,136 $68,711 $52,961 $54,706 $65,337 $30,272 $56,720 $49,623

Average HH Income

4

$155,577 $176,850 $131,641 $144,445 $189,260 $126,011 $124,938 $185,575 $72,589 $127,071 $123,731

Number of HH’s over $150k 4 Education

20,361

30,415

18,456

16,584

15,888

13,964

22,041

20,207

10,286

23,202

13,748

3

59% 56% 53% 48% 74% 46% 62% 58% 34% 54% 43%

% White Collar Employment 5

76% 77% 79% 69% 86% 70% 76% 75% 63% 77% 69%

(College Grad or Higher)

3

164,492

110,092

103,913

83,140

163,419

48,389

185,919

80,587

116,234

168,116

65,039

Population

7

268,691

445,651

301,843

212,359

223,645

209,043

392,109

298,178

528,719

348,319

265,778

Number of HH’s

8

101,671

146,521

124,170

85,700

84,133

87,824

170,578

110,807

218,613

153,223

106,631

Per-Capita Income

1

$59,947 $54,933 $49,470 $56,636 $58,036 $47,105 $48,541 $56,582 $32,222 $54,724 $47,381

Average HH Income

2

$158,082 $166,725 $120,090 $140,116 $153,691 $111,970 $111,430 $152,193 $77,467 $124,266 $117,920

Daytime Population

7 MILE

Number of HH’s over $150k 4 Education

36,297

55,678

31,415

25,967

29,447

20,200

35,310

39,226

24,266

36,774

25,485

2

56% 52% 48% 48% 62% 40% 56% 53% 41% 51% 42%

% White Collar Employment 5

74% 76% 75% 70% 80% 67% 74% 75% 66% 74% 68%

(College Grad or Higher)

Closest “Like-Kind” Center Distance

The Mall at Garden State Short Hills Plaza 9 miles 8 miles

Cherry Hill Brook 35 Bridgewater The Grove at Country Club Mall Commons Shrewsbury Plaza 7.1 miles 13 miles 19 miles 13 miles 9.1 miles

Highland Polaris Park VIllage Fashion Place 9.5 miles 7.2 miles

Scotsdale South Shore Fashion Sq. Plaza 8.1 miles 6.4 miles

Stanbery Development Group, LLC | 2807 Delmar Drive, Suite A, Bexley, Ohio 43209 | 614.824.2900 | www.stanbery.com

The District at 15fifteen REGIONAL MAP Passaic Tice’s Corner Marketplace

S Garden tate Pkwy

17

Sussex

DOWNTOWN RIDGEWOOD 206

Paramus Park

23

ROCKAWAY

Bergen

287 4

MONTVILLE

202

80

MOUNTAIN LAKES

80

Willowbrook Mall

46

53

PARSIPPANY 287

3

202

Livingston Mall

CHATHAM

280

The Mall at Short Hills

Manhattan Hudson

SUMMIT

78

78

Newark Liberty International Airport

Hunterdon

The Mills at Jersey Gardens

Union

DOWNTOWN WESTFIELD

1

95

Pk

w

y

78

ike rnp

95

MADISON 24

287

Ne w Ne Jers e w Yo y rk

LIVINGSTON

24

95

Tu

Essex

10

NJ

MORRISTOWN

280

Ne w Ne Jerse wY y ork

MENDHAM

EAST HANOVER

ke

206

HANOVER

pi

THE DISTRICT AT

15fifteen

95

UPPER MONTCLAIR

rn

MORRIS PLAINS

513

17

80 202

10

y

Morris

Pkw

RANDOLPH

80

tate

10

4

46

46

nS

46

Tu

DENVILLE

The Shoppes at Union Hill

The Outlets at Bergen Town Center Westfield The Shops at Riverside Garden State Plaza

NJ

ROCKAWAY

rde

Rockaway Townsquare

Ga

80

rnp Tu

206

NJ

Garden S

ta

ike

te

Somerset

Bridgewater Commons

202

287

Middlesex

Woodbridge Center

206

Menlo Park Mall 1

0

5 miles

10 miles

Stanbery Development Group, LLC | 2807 Delmar Drive, Suite A, Bexley, Ohio 43209 | 614.824.2900 | www.stanbery.com

Join this

exciting new development! contact Marc Hays, Partner, Leasing 216.577.6851 | mhays@stanbery.com

2807 Delmar Drive, Suite A, Bexley, Ohio 43209 | 614.824.2900 | www.stanbery.com