This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

MULTI TENANT & PAD OPPORTUNITY AVAILABLESEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

SRS Real Estate Partners | 2850 W Horizon Ridge Parkway, Suite 200 | Henderson, NV 89052 | 303.572.1800

SRSRE.COM

AVAILABLE Space 2 - 51,900 SF Space 3 - 10,200 SFSpace 4 - 49,700 SF Space 5 - 11,000 SF

DEMOGRAPHICS 3 Mile 5 Mile 7 MileTotal Population 71,428 166,775 283,9482017-2022 Growth 1.29% 1.26% 1.17%Avg. HH Income $61,806 $68,264 $67,614Total Households 28,839 70,047 114,265Year: 2017 | Source: ESRI

TRAFFIC COUNTSS McCarran Blvd 24,000 VPDS Virginia St 23,000 VPDMeadowood Mall Cir 7,700 VPDYear: 2016 | Source: Nevada DOT

DESCRIPTION• Meadowood Mall is the only enclosed mall in northern Nevada• Centrally located and anchored with 4 department stores• Join new to market entertainment user• Freestanding pad available

CONTACTTami Lord | tami.lord@srsre.com DL: 303.390.5244 | C: 702.232.8869

RATE Call for Rates

MULTI TENANT & PAD OPPORTUNITY AVAILABLESEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

SRS Real Estate Partners | 2850 W Horizon Ridge Parkway, Suite 200 | Henderson, NV 89052 | 303.572.1800

SRSRE.COM

MULTI TENANT & PAD OPPORTUNITY AVAILABLESEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

ANCHOR TENANT LEASE OPPPORTUNITY& MULTI TENANT AUTO CENTER REDEVELOPMENTSEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

SRS Real Estate Partners | 12850 W Horizon Ridge Parkway, Suite 200 | Henderson, NV 89052 | 303.572.1800This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partnersmakes no guarantees, warranties or representations as to the completeness or accuracy thereof.

SRSRE.COM

RENO

National ForestToiyabe

395

80

MEADOWOODMALL

South Virginia US395

Mall CircleMeadowood

Neil Lane

Way

Crummer Lane

Mall WayMeadowood

Neil R

oad

South McCarran Blvd.

Neil

PLANTER

BUS

SHEL

TER

BUS

SHEL

TER

BUS

SHEL

TER

BUS

SHEL

TER

BUS

SHEL

TER

BUS

SHEL

TER

BUS

SHEL

TER

PLANTER

PLANTER

PLANTER

PLANTER

PLANTER

PLANTER

I-580

2.38 ac.

SHOPSSHOPS

SHOPS

SHOPS

SHOPS

SHOPS

SHOPSSHOPS

SHOPS

SHOPS

SHOPS

CORP #Modified:

Meadowood Mall5000 Meadowood Mall Circle

Reno, NV 895025255October 08, 2014

Current Web Site Plan

Vicinity Map

This exhibit is provided for illustrative purposes only, and shall not be deemed to be a warranty,representation or agreement by Landlord that the Center, Common Areas, buildings and/orstores will be as illustrated on this exhibit, or that any tenants which may be referenced on thisexhibit will at any time be occupants of the Center. Landlord reserves the right to modify size,configuration and occupants of the Center at any time.

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

SRS Real Estate Partners | 2850 W Horizon Ridge Parkway, Suite 200 | Henderson, NV 89052 | 303.572.1800

SRSRE.COM

MULTI TENANT & PAD OPPORTUNITY AVAILABLESEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

NEI

L R

OAD

ROUND 1 41,300 SF

AVAILABLE 51,900 SF

AVAILABLE 10,200 SF

01

02

0 150 300

GRAPHIC SCALE IN FEET

N

03

04 AVAILABLE 49,700 SF

AVAILABLE 11,000 SF

AAA 7,050 SF

GROUND LEVEL

UPPER LEVEL

05

04

06

78-SPACES04HC

RENO, NV - 171,150 SF

01

02

05

06

04

0302

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

SRS Real Estate Partners | 2850 W Horizon Ridge Parkway, Suite 200 | Henderson, NV 89052 | 303.572.1800

SRSRE.COM

MULTI TENANT & PAD OPPORTUNITY AVAILABLESEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

ANCHOR TENANT LEASE OPPPORTUNITY& MULTI TENANT AUTO CENTER REDEVELOPMENTSEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

SRS Real Estate Partners | 2850 W Horizon Ridge Parkway, Suite 200 | Henderson, NV 89052 | 303.572.1800

SRSRE.COM

Demographic Summary ReportSears - Meadowood Mall Prepared by Esri5400 Meadowood Mall Cir, Reno, Nevada, 89502 Latitude: 39.47440Rings: 3, 5, 7 mile radii Longitude: -119.77955

3 miles 5 miles 7 milesPopulation

2000 Population 63,345 138,631 235,3202010 Population 66,150 152,566 263,1492017 Population 71,428 166,775 283,9482022 Population 76,163 177,515 300,9542000-2010 Annual Rate 0.43% 0.96% 1.12%2010-2017 Annual Rate 1.06% 1.24% 1.05%2017-2022 Annual Rate 1.29% 1.26% 1.17%2017 Male Population 50.2% 51.0% 50.5%2017 Female Population 49.8% 49.0% 49.5%2017 Median Age 36.7 39.2 37.5

Households2000 Households 26,616 59,173 95,4762010 Households 27,071 64,905 107,2052017 Total Households 28,839 70,047 114,2652022 Total Households 30,631 74,291 120,6512000-2010 Annual Rate 0.17% 0.93% 1.17%2010-2017 Annual Rate 0.88% 1.06% 0.88%2017-2022 Annual Rate 1.21% 1.18% 1.09%2017 Average Household Size 2.46 2.33 2.45

Housing Units2017 Total Housing Units 32,217 78,368 126,678

2017 Owner Occupied Housing Units 11,034 28,688 51,9242017 Renter Occupied Housing Units 17,805 41,359 62,3412017 Vacant Housing Units 3,378 8,321 12,413

Race and Ethnicity2017 White Alone 68.1% 71.8% 71.8%2017 Black Alone 2.6% 2.7% 2.8%2017 American Indian/Alaska Native Alone 1.3% 1.5% 1.4%2017 Asian Alone 6.0% 6.1% 6.6%2017 Pacific Islander Alone 0.7% 0.7% 0.7%2017 Hispanic Origin (Any Race) 37.3% 28.9% 27.6%

Income2017 Median Household Income $41,206 $42,309 $44,9922017 Average Household Income $61,806 $68,264 $67,614Per Capita Income $25,658 $29,474 $27,890

2017 Population 25+ by Educational AttainmentTotal 48,157 115,057 193,138

High School Graduate 18.7% 17.7% 19.4%GED/Alternative Credential 3.1% 3.5% 3.4%Some College, No Degree 24.6% 24.2% 24.7%Associate Degree 6.8% 7.2% 7.8%Bachelor's Degree 17.4% 19.1% 19.0%Graduate/Professional Degree 9.8% 12.5% 11.5%

Daytime Population2017 Total Daytime Population 106,803 249,036 336,143

Workers 69,866 162,350 190,583Residents 36,937 86,686 145,560

Source: Esri, U.S. Census

October 16, 2017

Page 1 of 1

MULTI TENANT & PAD OPPORTUNITY AVAILABLESEARS AT MEADOWOOD MALL5400 Meadowood Mall Circle, Reno, NV 89502

Seritage Growth Properties is a publicly traded, self-administered, self-managed REIT primarily engaged in the real property business throughits investment in its operating partnership, Seritage Growth Properties,L.P. Our portfolio contains 235 wholly-owned properties and 31 jointventure properties, consisting of approximately 42 million square feet ofbuilding space, which is broadly diversified by location across 49 statesand Puerto Rico. Pursuant to a master lease, 224 of our wholly-ownedproperties are leased to Sears Holdings and are operated under eitherthe Sears or K-Mart brand. Third parties under direct leases also occupya portion of the overall leasable space alongside Sears and Kmart.Additionally, 11 of our wholly-owned properties are leased entirely tothird parties. The master lease provides Seritage with rights to recapturecertain space from Sears Holdings at each property. In addition, Seritagehas 50% interests in 31 additional properties through our joint ventureinvestments with General Growth Properties (12 properties), SimonProperty Group (10 properties), and Macerich (nine properties) that arealso master leased to Sears Holdings.