2010 Recap Market turned the corner earlier than

expected

Flight to quality left space in short supply inthe most desirable locations

Significant increase in downtown street-level openings

RETAIL

RetailRobin Hilliard

Weingarten Realty

2011 Triangle NC-CCIM Commercial Real Estate Market Forecast

Networking. Education. Technology.

3

“I think we’re in good enough shape to start making the same mistakes again.”

Retail Trends

At YourService

4Q1025%

41 Deals

The  basic needs category such as Dry Cleaning, Tutoring, Tax Preparation, Insurance and Financial Services showed a big jump in the third quarter.  These types of services find that supermarket anchored centers are most advantageous for convenient errands.

The beauty and small pleasures category continues to explode in importance. We saw activity in during 2010 more than double with a focus on Fitness Studios and Hair Salons.

BeautyFirst

4Q1010%

16 Deals

4

Retail Trends

Our leasing team signed 91 deals in 2010 with quick serve and low priced eateries.  Strong trends include yogurt, pizza and burgers.  We are seeing repetitive business with cupcake concepts, Edible Arrangements, Freebirds, Chipotle, Subway and Dunkin Donuts.

FastBites

4Q1017%

28 Deals

Year-to-Date we have signed 55 deals with value oriented full service and buffet style restaurants that satisfy the budget conscience lunch, dinner and “family night out” experience.  Mexican and Italian restaurants and Chinese Buffets were competitive trends here.

FamilyDining

4Q104%

6Deals

5

Retail Trends

We saw a 50% increase in transactions during 2010, indicating more interest in discretionary spending from the female and family shopper.

FrugalFashion

4Q1014%

22 Deals

These “stay connected” retailers continue to provide the latest in electronic communication to our shoppers.

StayConnected

4Q104%

6 Deals

6

Retail Trends

Supermarkets, stores and services that offer wellness for the mind, body and soul continue to be attracted to our product type due to the ease of access and convenient parking.

HealthyLiving

4Q109%

14 Deals

7

Home Comfort

4Q106%

6 Deals