kiterealty.com888 577 5600

PARKSIDE TOWN COMMONSCARY, NC

Charlie CoyneSenior Vice President/Regional Directorcharlie.coyne@cbre-raleigh.com919.831.8233 Matt LarsonVice Presidentmatt.larson@cbre-raleigh.com919.831.8268 Tiffany Barrier, CCIMSenior Associatetiffany.barrier@cbre-raleigh.com919.831.8257

317-577-5600 1kiterealty.com02/22/16

ABOUT US• Publicly traded on the NYSE since 2004, Kite Realty

Group has a successful history in the real estate industry dating back to the 1960’s.

• Over $3.7 billion in assets including 118 properties comprising over 23.6 million square feet and 0.6 million square feet in 3 development projects currently under construction.

• Kite Realty Group is a full-service, vertically integrated real estate investment trust engaged in the ownership, operation, management, leasing, acquisition, construction, redevelopment and development of neighborhood and community shopping centers in selected markets in the United States.

• Kite Realty Group owns and operates properties in 20 states including Alabama, Arizona, Connecticut, Florida, Georgia, Illinois, Indiana, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, Virginia, and Wisconsin.

Information accurate as of December 31, 2015

KITE REALTY GROUP 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204

317-577-5600 2kiterealty.com02/22/16

Stoney Creek CommonsNoblesville

Geist PavilionFishersFishers Station

FishersCastleton Crossing

Bridgewater MarketplaceWestfield

Cool Creek CommonsGreyhound CommonsWestfield

Hamilton Crossing CentreCarmel

Rangeline CrossingThe CornerCarmel

Traders PointRivers Edge

Glendale Town Center

Pan Am Plaza

Indianapolis Properties

Colonial SquareShops at Village WalkFt. Myers

Riverchase PlazaTarpon Bay PlazaPine Ridge CrossingCourthouse ShadowsKings Lake SquareShops at Eagle CreekTamiami CrossingNaples

Estero Town CommonsEstero

Burnt Store PromenadePunta Gorda

Naples Properties

Wheatland Towne CrossingDallas

Westside MarketFrisco / Dallas

Waxahachie CrossingWaxahachie / Dallas

University Town CenterNorman / Oklahoma City

Silver Springs PointeBelle Isle StationOklahoma City

Shops at MooreMoore / Oklahoma City

Market Street VillagePipeline PointHurst / Dallas

Colleyville DownsColleyville / Dallas

Plaza at Cedar HillCedar Hill / Dallas

Chapel Hill Shopping CenterFort Worth

Plaza VolenteAustin

Kingwood CommonsKingwood / Houston

Portofino Shopping CenterThe Woodlands / Houston

Burlington Coat FactorySan Antonio

Sunland Towne CentreEl Paso

See Inset Map

Cobblestone PlazaPembroke Pines

Delray MarketplaceDelray Beach

12th Street PlazaIndian River SquareVero Beach

Hunter’s Creek PromenadeOrlando

Cove CenterStuart

Gainesville PlazaGainesville

Bolton PlazaJacksonville

Bayport CommonsTampa / Oldsmar

Northdale PromenadeTampa

Lake City CommonsLake City

Lakewood PromenadeShops at Julington CreekJacksonville

Palm Coast LandingPalm Coast

Saxon CrossingOrange City

International Speedway SquareDaytona Beach

Pleasant Hill CommonsOrlando / Kissimmee

Waterford Lakes VillageShoppes of EastwoodOrlando

Lake Mary PlazaLake Mary / Orlando

Publix at St. CloudSt. Cloud / Orlando

The Landing at TraditionTradition Village SquarePort St. Lucie

Miramar SquareMiramar

Temple TerraceTemple Terrace / Tampa

Center Point CommonsBradentonKite Realty Group Locations

City / MSA

Lithia CrossingValrico / Tampa

Merrimack Village CenterMerrimack

Crossing at Killingly CommonsDayville

City CenterWhite Plains

Bayonne CrossingBayonneLivingston Shopping CenterLivingston

Landstown CommonsVirginia BeachSee Inset Map

Boulevard CrossingKokomo

Eddy Street Commonsat Notre DameSouth Bend

Beacon HillCrown Point

Fox Lake CrossingFox Lake / Chicago

Naperville MarketplaceNaperville / Chicago

Village at Bay ParkAshwaubenon / Green Bay

South Elgin CommonsElgin / Chicago

Lima MarketplaceFort Wayne

Eastgate PavilionCincinnati

Bell Oaks CenterNewburgh / Evansville

Shops at OttyClackamas / Portland

Draper CrossingDraper PeaksDraper / Salt Lake City

Centennial CenterCentennial GatewayLowe’s PlazaLas Vegas

EastgateHenderson

Eastern BeltwayLas Vegas

Rampart CommonsLas Vegas

Cannery CornerNorth Las Vegas

The CornerTucson Centre at Panola

Lithonia / Atlanta

Beechwood PromenadeAthens

Publix at AcworthAcworth / Atlanta

Clay MarketplaceTrussville Promenade I & IIBirmingham

Oleander PlaceWilmington

Holly Springs Towne Center, Phase IPhase IIHolly Springs

Memorial CommonsGoldsboro

Broadstone Station Apex / Raleigh

Publix at WoodruffShops at Plaza GreenGreenville

Cool Springs MarketFranklin / Nashville

Parkside Town Commons, Phase ICary

Mullins CrossingEvans / Augusta

Hitchcock PlazaAiken / Augusta

Northcrest Shopping CenterPerimeter WoodsToringdon MarketCharlotteHamilton Crossing

Alcoa / Knoxville

PORTFOLIO

KITE REALTY GROUP 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204

317-577-5600 3kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

Parkside Town Commons West of 55 Trade Area 5 Mile 7 Mile 15 Minute

Drivetime

Population Estimate 2015 26,495 102,317 198,202 173,613

Transient Population Estimate (Hotel / Motel) 0 4,052 4,584 4,470

Projected Population 2020 37,124 129,672 236,697 210,089

Projected Annual Growth 2015 - 2020 6.98% 4.85% 3.61% 3.89%

2010 Census Population 18,027 80,330 167,309 144,765

Historical Annual Growth 2010 to 2015 7.61% 4.72% 3.28% 3.52%

Households Estimate 2015 9,971 40,199 80,874 69,915

Households With Children 45% 40.03% 35.49% 37%

Projected Households 2020 14,006 50,945 96,268 84,425

Median Age 36 36 36 36

Average Household Income $128,296 $112,937 $102,139 $104,516

Median Household Income $108,069 $93,389 $83,298 $85,509

HHs with Income Over $75,000 6,461 24,512 44,532 39,450

HHs with Income Over $75,000 (%) 64.80% 60.98% 55.06% 56.43%

Bachelors Degree or Higher 72.16% 69.27% 65.46% 66.94%

Workplace Employees 1,645 73,556 134,507 119,254

Population: White 65.80% 60.10% 62.39% 60.31%

Population: Black 9.86% 14.63% 16.79% 18.32%

Population: Hispanic 4.55% 5.06% 6.24% 5.90%

Population: Asian 19.82% 20.42% 15.32% 15.98%

Population: Other Races 4.52% 4.86% 5.49% 5.40%

© 2014, Trade Area Systems / Demographic Source: Synergos Technologies, Inc. (PopStats)

317-577-5600 4kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

Anchors: Frank Theatres, Target, Harris Teeter, Petco, Field & Stream, Golf Galaxy

• Parkside Town Commons is a mixed-use center anchored by Frank Theatre, Target, Harris Teeter, Petco, Field & Stream, and Golf Galaxy.

• Parkside Town Commons is adjacent to the Research Triangle Park (RTP), the largest research park in the U.S. RTP is home to over 140 companies employing more than 46,000.

• The Raleigh-Cary metro is ranked #2 on Forbes 2014 list of “Fastest Growing Cities.” Cary was the fourth-fastest growing city among those with a population greater than 100,000 between 2010-2013. Cary saw 11.7% growth during the three-year period, from 135,234 to 151,088, according to the U.S. Census Bureau. It was the only city east of the Mississippi in the top 10.

• Raleigh-Cary ranks No. 5 among large metros with the highest percentage of adults with bachelor’s degrees or higher, according to data from the U.S. Census Bureau’s American Community Survey. In Raleigh-Cary, 43.4% of adults have at least a bachelors degree. The average nationawide is 30.1%.

• Awards/Accolades for Cary in 2015

• #7 Small American Cities of the Future for Economic Potential, Financial Times

• #1 City in North Carolina to Get a Job, Zippia

• #2 Cities Creating the Most Technology Jobs, Forbes

• #3 Best Metro Areas for STEM Professionals, WalletHub

• #2 Best cities to Work for a Small Business, WalletHub

317-577-5600 5kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

Population GrowthWest of 55 Trade Area

5 Mile Radius 7 Mile Radius15 Minute

Drive Time

Population 2Q15 26,495 100,262 198,253 173,613

Population 2Q14 24,029 95,456 191,520 166,744

2010 Census Population 18,027 78,735 167,440 144,765

% Absolute Growth 2010 to 2015 46.98% 27.34% 18.40% 19.93%

• Current population estimates indicate an increase of 21,527 people within a 5 mile radius, from Census 2010 Counts to second quarter 2015. From the second quarter of 2014 to the second quarter of 2015 there was an increase of 16,721 people. The portion west of NC 55 has experienced an unheard of 419% growth between 2000 - 2010. Within this area the average household incomes exceed $128,000.

• Within a 3 - 4 Mile radius there are 4,730 future homes already approved. From the first Quarter of 2014 to the first Quarter of 2015 there were 1,076 annual closings, which was an increase of 98 from the previous year. Momentum continues with 185 closings and 165 starts in the first quarter of 2015.

• From the first quarter of 2014 through the first quarter of 2015 there were 19 subdivisions in the

trade area that reached build-out.

• The best-selling single-family subdivision in the trade area is Kitts Creek. It had 119 single family annual closings. Home prices range from $269k - $550k. Currently 522 lots are occupied, with only 107 remaining.

• There are a couple of high-end apartment complexes under construction nearby. Davis Drive Apartments will have 330 units, while Vue 360 will add 309.

• Nationwide, there is an undersupply of new housing, and Raleigh is one of the top “ Cities Doing the

Most to Address the U.S. Housing Shortage,” reports Forbes. Raleigh is No. 2 behind only Austin,

Texas, in the ranking, which was created by looking at the number of building permits for single and multifamily units in the 53 largest U.S. metros from 2011 through 2014 as compared to those metros’ existing housing bases. If you look at only single-family construction as a percentage of the

existing housing base, Raleigh is No. 1, reports Forbes.

317-577-5600 6kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

Schools

• Wake County Public School System (WCPSS) is the 16th largest school district in the United States and the largest school system in North Carolina. The student population has almost tripled since 1980 and as many as 20,000 additional children are expected in classrooms by 2020.

• Forbes ranked the Raleigh metro #1 in their “Where U.S. Families are Flocking” list for 2014.

• Panther Creek High School opened in 2006 and is now one of the largest high schools in North Carolina. It’s located just south of Parkside Town Commons.

• Green Hope High and Panther Creek High are both included in Newsweek’s 2013 list of “America’s Best High Schools”.

• Within the last 10 years, 10 new schools have opened in the Parkside Town Commons trade area, with two of those opening in

the last 3 years - Alston Ridge Elementary and Mills Park Middle.

• Five new school sites within the trade area have already been acquired by WCPSS. Three of those are in the West Cary trade area -

they include one high school and two new elementary schools.

• Enrollment counts in Cary, Morrisville, and Apex have continued to climb. Middle school enrollment within the trade area increased

by 8% from last year, adding 484 new students. Many schools are over capacity and using modular units as temporary classrooms. The high schools all have modular units with Panther Creek High currently using 22, Green Hope has 17, and Apex High with 35.

• Four west Cary schools - Mills Park Elementary, Mills Park Middle, Davis Drive Middle, and Panther Creek High, have added enrollment caps for the 2015-2016 school year due to over crowding.

2013-2014 Enrollment

2012-2013 Enrollment

2011-2012 Enrollment

2010-2011 Enrollment

2009-2010 Enrollment

BldgCapactiy

Elementary Schools 12,842 2% 12,574 1% 12,409 1% 12,313 2% 12,016 6% 10,328

Middle Schools 6,277 8% 5,793 1% 5,728 5% 5,467 17% 4,690 2% 5,677

High Schools 7,395 3% 7,147 5% 6,797 3% 6,620 3% 6,419 1% 4,941

Total Current Enrollment 26,514 4% 25,514 2% 24,934 2% 24,400 6% 23,125 4% 20,946

Source: Wake County Public School System

317-577-5600 7kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

• The zip codes within the Parkside Town Commons trade area have some of the highest average household incomes in the entire market. Average household income in the town of Cary is $112,314 and Morrisville, which is home to the south-

ern part of RTP, has average household incomes of $94,447.

• Cary and Morrisville residents are diverse, well-educated, and sophisticated. The population in Cary has doubled every 10

years since 1960, with a current population estimate nearing 126,000. Morrisville’s population in 1980 was 251. By the 2000 census, Morrisville had grown to 5,208 people. Morrisville continues to have unprecedented business and residen-

tial growth with the 2014 estimated population numbers at just under 14,000.

• Cary had a population growth rate from 2000-2010 of nearly 35% and Morrisville’s population growth rate was a stag-

gering 245%.

• 94% of Cary’s citizens have access to the Internet at home or at work — about twice the national average. The town’s top employer is SAS Institute, Inc., the largest privately held software developer in the world.

• Both towns have a highly educated adult population: 58% in Cary hold Bachelor’s Degrees or higher and in Morris-

ville the number is even greater at 62%.

• Of the 52 ZIP codes in Wake, Durham and Orange counties, the Cary-Morrisville 27519 ZIP code is the most popular

among people who are moving into the Triangle, averaging 405 new residents each month.

• The Cary-Morrisville area is seeing the largest amount of people moving into the Triangle. Data from WelcomeMat

Services shows that in May 2014, Cary Zip code 27519 had 419 families move in, placing it 36th among the top 50

fastest growing ZIP codes.

• According to Esri, Cary-Morrisville zip code 27519 is also ranked as the 3rd wealthiest in the entire triangle region

with Average Disposable Incomes of $93,297 and a Net Worth of $911,836. The median home price is just under

$400,000. Esri categorizes this zip code as being “Boomburbs”. Some “Boomburbs” characteristics include, communities of young affluent families with a median age of 36, a high concentration of two-income households with a median household income of $108,633 - twice the national average and more than 50% holding a Bachelor’s Degree or higher. Boomburbs is the top segment for buying household furnishings, toys and games, men’s business and casual clothes, big-screen TVs, cars, and trees. This is also the top market to own DVD players, digital camcorders, video game systems, and scanners as well as owning or leasing full-size SUVs.

• More than 500 jobs were added to the local economy in 2015, and several companies, including Align Technologies, Deutsche Bank, Biologics, CBC Groups and Proto Labs, announced even more job additions.

317-577-5600 8kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

317-577-5600 9kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

The Research Triangle Park’s creation in 1959remains one of the most transformational public-private partnerships in the history of north Carolina – and one well before its time, due to the visionary ambitions of government, business and academic leaders to create a more competitive economic base that would carry the state into the 21st century.

Today, RTp is recognized around the world for its critical mass of pioneering research, university-industry partnerships, multi-national businesses and a globally competitive talent pool. it is among the largest research parks in the U.s., currently home to more than 200 companies that have created a culture of scientific advancement and collaboration.

Key RTP Factswww.rtp.org/about-us

7,000 acres (2,833 hectares)200+ research companies, including more than 60 start-ups46,000+ high-tech workers22.5 million sq. ft. of built spaceFounded in 1959Managed by the nonprofit Research Triangle Foundation of NC

Biotech & Life Sciences

Information Technology

Scientific Associations

Business & Prof. Services

Instruments & Materials

Service Providers

Clean & Green Tech

Financial Activities

46%20%10%9%6%4%3%2%

Industry Profile of RTPIncubators and Accelerators

Alexander Business Suites

Alexandria Innovation Center

First Flight Venture Center

The Frontier at RTP

The Hamner Accelerator for Translational BioSciences

The Lab at RTP

1 - 9 Employees

10 - 24 Employees

25 - 49 Employees

50 - 99 Employees

100 - 249 Employees

250 - 999 Employees

1,000 - 4,999 Employees

5,000+ Employees

RTP Companies By Size53%17%6%7%4%7%5%1%

a B o U T R T pC o m pa n i e s i n R T p

Jordan Lake

Raleigh-DurhamInternational Airport

DUKE

UNC

Falls LakeDURHAM

THERESEARCHTRIANGLE PARK

RALEIGH

CHAPEL HILL

NCSU

70

70

15

15

64

64

1

1

401

501

40

40

40

40

85 85

540

540440

5454

50

55

147

540

44 mokobio Biotechnology Group ● S

44 monsanto Corporation ■ M

34 motor & equipment manufacturers association ● S

34 mustard Tree instruments® ● S

50 national Computing Center ● S

10 national Humanities Center ● S

37 national inclusion project ● S

51 national institute of environmental Health sciences ● L

10 national institute of statistical sciences ● S

51 national Toxicology program ● S

10 nC Biotechnology Center ● M

24 nC Families accessing services Through Technology ● M

3 nC GlaxosmithKline Foundation ● S

47 nC Healthcare information and Communications alliance ● S

25 nC new schools ● S

5 nC state education assistance authority ● M

37 nC state University mBa@RTp ● S

61 netapp, inc. ● L

29 network Development Group ● S

25 neuroRepair Therapeutics, inc. ● S

29 niRvana sciences, inc. ♦ S

62 novartis Vaccines ♦ S

29 novaTarg, inc. ♦ S

29 novocor medical systems ▼ S

44 novozymes ■ M

25 oncotide pharmaceuticals inc. ♦ S

16 optricity Corporation ● S

29 ossCube ● S

29 palmetto Biomedical ▼ S

44 park Living Cell ● S

25 pharm-olam international ● S

44 pine Labs ♦ S

25 precisionHawk ● S

37 ReaCH nC ● S

37 Retro m ● S

27 Research Triangle Foundation of north Carolina ● S

37 Research Triangle High school ● S

29 Ridge Diagnostics ♦ S

28 RTi international ● L

29 RTp Capital associates, inc. ● S

37 RTp Federal Credit Union ● S

34 schulman iRB ● S

29 sciKon innovation, inc. ● S

29 sciome, LLC ● S

62 sequenom, inc. ▼ S

47 sigma Xi, The scientific Research society ● M

29 sirga advanced Biopharma, inc. ♦ S

30 society of Biomolecular imaging and informatics ● S

29 sonoVol ● S

44 southcot, inc. ♦ S

10 spyryx Biosciences ● S

10 statistical & applied mathematical sciences institute ● S

9 stiefel, a GsK Company ♦ M

29 strensor systems ● S

17 sumitomo electric Lightwave Corporation ● L

44 symmetry Biosciences ♦ S

33 syngenta Biotechnology, inc. ■ L

44 synnovator, inc. ● S

29 synsei medical ▼ S

16 T3D Therapeutics inc. ● S

16 Telemanagement Resources international inc. ● S

37 Tetra Tech, inc. ● S

12 Toshiba Global Commerce solutions ● L

29 TransCirrus ● S

37 Triangle artWorks ● S

30 Triangle Research Laboratories, LLC ♦ S

25 Triumfant, inc. ● S

14 Troxler electronic Laboratories, inc. ● S

16 Uai Technology, inc. ● S

35 UL LLC ● L

50 United states environmental protection agency ● L

19 United states postal service ● M

18A United Therapeutics Corporation ♦ L

4 The University of north Carolina Center for public Television ● M

11 UsDa Forest service southern Research station ● S

7 Vacon, inc. ● S

3 ViiV Healthcare ♦ S

44 Vijaya pharmaceuticals LLC ♦ S

29 Virasource ● S

29 ViraTree ● S

25 Webonise Lab ● S

37 Wells Fargo ● S

29 Whitespace Health, inc. ● S

18 Wolfspeed ● L

62 XinRay systems inc. ● S

62 Xintek, inc. ● S

47 Zen-Bio, inc. ♦ S

29 ZumaTek, inc. ▼ S

317-577-5600 10kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

Cary / Raleigh Recent Job Announcements

• Cisco Systems has announced plans in June 2014 to expand its campus in Research Triangle Park and create 550 new jobs by the end of 2017. The California-based tech giant, which already employs about 5,000 workers and contractors in RTP, will be investing in building a new data center on campus. The new jobs in RTP will be a mix of finance, operations and advanced network services positions that will pay an average $72,700 a year, plus benefits.

• Data storage giant NetApp, is located adjacent to Parkside Town Commmons and is embarking on another major expansion at its RTP campus that is expected to add 460 high-paying jobs over the next three years. The Fortune 500 company is investing more than $75 million to expand its RTP research-and-development operations, where it now employs 1,450 workers. NetApp expects the new jobs to pay an average annual salary of $103,043, well above the Wake County average of $45,396, according to the Commerce Department. NetApp’s current campus is adjacent to Parkside Town Commons and the expansion is under construction just north of the center.

• MetLife announced in March 2014 it would be bringing 1,200 new jobs to Cary that would pay an average $112,000 annual wage. The new MetLife Global Technology hub is more than 40 acres and two new seven-story buildings (427,000 s.f.) with land availvale for a possible future expansion of a third building. The first MetLife building in Cary opened in the first half of 2015.

• Advance Auto Parts Inc. will locate a corporate support center in Wake County, bringing 600 jobs to Raleigh by 2017 and investing more than $5 million. Average total compensation for the new positions will be $110,000. In January 2014, Advance Auto Parts completed its $2 billion acquisition of General Parts International, Inc. which had its corporate headquarters in Raleigh. The acquisition created the largest automotive aftermarket parts provider in North America, with annual sales of more than $9.3 billion.

• Fidelity Investments will add 600 jobs during three years and invest a minimum of $8 million across its Triangle facilities, including its Durham County campus. Salaries for the new jobs at Fidelity, which vary by position, will have a minimum average of at least $100,000 per year. Annual salaries for Durham County workers now average $66,599. New positions will include software developers, design engineers, systems support specialists and quality assurance professionals. In addition to technology jobs, a number of the positions will be in operations and client and customer facing roles across a number of Fidelity’s business units.

• CBC AMERICAS Corporation will locate its U.S. headquarters in Wake County and open a distribution center in Alamance County. The move will create 67 new jobs in Wake County and 29 new jobs in Alamance County over the next five years. CBC AMERICAS Corporation is a wholly owned subsidiary of the Japan-based CBC Co. Ltd., and part of a global network of import, export, trading, and distribution companies, strategically located throughout the world The company plans to invest at least $3.5 million. Salaries will vary by job but will include executive, technical and manufacturing positions. The average annual salary for the

Wake County positions will be $85,962 and the Alamance County positions will average $36,128. In both cases, wages are above the county annual average salary; $50,702 in Wake County and $36,019 in Alamance County.

• Biologics, an oncology services company, hired 175 employees in 2015 with an additional 175 new hires planned for 2016. The expansion would bring the company’s total employee count to more than 700 people. Biologics has already grown its employee base 400 percent in the past five years from 68 people with the Cary-based company in 2010 to 350 full-time employees to date.

• Swiss finance giant Credit Suisse confirms it will occupy 70,000 square feet of space in one of Lenovo’s buildings on Paramount Parkway in Morrisville. The move is to accommodate an already-announced 25 percent headcount expansion in the Triangle, where the company employs 1,700 in Research Triangle Park.

• The creator of the Invisalign teeth straightening device, Align Technology Inc. has chosen Cary for the location of its new U.S. East Coast operation. The expansion project is expected to create more than 100 new jobs in Wake County over the next five years, plus a $4 million investment by the San Jose, California-based company. The company’s international headquarters are in The Netherlands.

• HCL Technologies, an Indian IT firm announced a big expansion in Sept 2014 – that it would be bringing 1,237 jobs to the Triangle. The company was at 40 percent of its jobs pledge by the end of 2015. The company now has around 600 employees and is adding about 50 to 60 people every month.

• Proto Labs The Minnesota 3-D printing company announced in June 2015 a plan to bring 170 new jobs to Cary over the next five years, a $25 million investment. The firm is on track to consolidate its leased facilities into the newly-purchased 77,000-square-foot facility in early 2016. Currently, Proto Labs is in 21,000 square feet of manufacturing space.

• Eighty-four percent of technology and energy companies in the Research Triangle Region of North Carolina expect to hire within the next five years, adding between 1,500 and 3,300 employees, according to a new report released by the Research Triangle Cleantech Cluster. Small companies are driving a significant part of this growth, most expecting to hire up to nine new employees, some doubling in size. The survey of the region’s energy and technology sector sheds light on the talent needs and job opportunities in the cleantech sector, one of the region’s fastest-growing industries. The top areas cited for business growth among the companies are software/programming, data analytics, consulting, energy services, information technology and renewable energy. Nearly all of the businesses expect to integrate new capabilities into their business models, particularly data analytics, energy services and software/programming.

317-577-5600 11kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

• Parkside Town Commons is adjacent to the

Research Triangle Park. The Park has an esti-

mated 46,000+ workers.

• Suburban Office workers spend an average of

$266.80 per week on all goods and services at

nearby shopping / dining establishments.

• Among the expenditures, grocery stores capture the largest share at 18.3% followed by discount stores with 9.6%. Expenditures at eating estab-lishments account for 12.7% of weekly spend-ing.

• Spending varies by employment level with

senior management spending the most

at $290.19 per week, followed by Mid Level Management $143.89, Mid Level Professionals $79.38, and clerk / administrative $65.99.

• The more ample the retail, restaurant and ser-vices offerings in the vicinity the higher the spending by office workers.

Typical Weekly Habits Office Workers

% Shopping Before / During / After Work

67%

Worker Shopping by Time of Day

Shop After Work 54%

Shop During Lunch Hour 31%

Shopped Other Times During the Day 9%Source: 2004 / 2011 International Council of Shopping Centers (ICSC) Office Worker Spending Survey

Top 15 Employers in the RTP: IBM, GlaxoSmithKline, Cisco Systems, RTI Inter-

national, U.S. Environmental Protection Agency,

National Institute of Environmental Health Sciences,

NetApp, Credit Suisse, BASF Corporation Crop

Protection, Biogen Idec, Fidelity Investments, Bayer

CropScience, Merck BioManufacturing Network

317-577-5600 12kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

Suburban Office Worker Weekly Expenditures

Mean Weekly Expenditures - Suburban Workers by Income

U.S. Dollars Per Worker, As of October 2011

Type of SpendingTotal

NationalUnder

$15,000$15,000-$24,999

$35,000-$34,999

$35,000-$49,999

$50,000-$74,999

$75,000-$99,999

$100,000-$149,999

$150,000 and Over

TOTAL $206.31 $125.51 $155.98 $127.96 $162.99 $240.57 $197.62 $188.27 $358.24

TOTAL less Transportation and Online Purchases $170.88 $115.69 $144.80 $117.40 $138.01 $204.14 $139.53 $152.29 $312.53

Transportation and Online Purchases $73.99 $30.94 $52.46 $37.53 $60.31 $80.52 $89.58 $66.69 $107.49

Transportation $40.82 $28.02 $34.59 $29.71 $32.00 $38.26 $37.40 $42.22 $68.90

Online Purchases Made at the Office (personal) $185.04 $15.56 $86.44 $55.28 $142.54 $270.17 $269.59 $134.94 $170.09

Full-Service Restaurants and Fast Food $43.02 $29.16 $31.75 $25.55 $29.48 $40.22 $37.84 $43.32 $92.69

Full-Service Restaurants $43.22 $24.88 $32.21 $23.64 $31.25 $43.23 $38.30 $42.28 $78.32

Fast Food/Deli/Lunch Eateries $24.99 $19.46 $17.49 $16.03 $17.74 $24.02 $20.79 $23.40 $57.61

Goods and Services $191.89 $127.50 $147.21 $127.58 $152.43 $242.12 $151.71 $175.50 $345.05

Department Stores $74.86 $25.83 $49.33 $33.66 $42.63 $89.78 $56.53 $64.05 $185.30

Discount Stores $52.11 $30.12 $47.95 $39.77 $44.60 $65.56 $46.44 $55.44 $63.09

Drug Stores $26.90 $21.50 $21.95 $17.87 $20.33 $36.41 $23.49 $25.85 $35.21

Grocery Stores $61.19 $37.24 $53.39 $45.43 $55.14 $65.49 $59.12 $68.02 $77.68

Clothing Stores $56.94 $42.38 $36.22 $28.82 $37.03 $90.29 $46.70 $50.64 $113.71

Shoe Stores $51.98 $34.29 $32.13 $27.14 $26.71 $88.13 $32.61 $42.79 $127.00

Sporting Goods Stores $47.54 $16.90 $24.89 $26.20 $19.74 $125.66 $33.52 $31.19 $70.67

Electronics/Phone/Computer Stores $118.69 $14.88 $75.33 $70.00 $34.03 $258.23 $56.73 $130.92 $224.24

Jewelry Stores $88.39 $15.86 $41.33 $61.21 $24.00 $135.71 $34.37 $50.67 $201.13

Office Supplies/Stationery/Novelty Gifts and Cards $59.49 $12.90 $147.71 $40.81 $39.49 $64.05 $46.35 $38.05 $152.10

Warehouse Clubs $94.08 $35.80 $44.89 $44.73 $85.44 $124.47 $80.34 $84.34 $154.44

Other Goods (florist, non-food vendors, etc.) $59.01 $14.33 $10.38 $57.69 $87.49 $119.16 $27.43 $23.62 $90.23

Personal Care Shops $66.65 $17.75 $23.80 $54.37 $58.65 $105.59 $38.45 $40.46 $129.45

Personal Services $37.26 $20.42 $20.11 $25.22 $18.86 $73.12 $24.65 $29.28 $44.51

Other Services (not elsewhere classified) $59.50 $24.27 $103.40 $20.25 $50.56 $124.83 $28.68 $34.51 $81.08 Entertainment (sporting events, live theater,

concerts, movies) $51.35 $18.36 $26.00 $22.80 $22.93 $90.18 $39.96 $44.62 $109.32

Source: Office-Worker Retail Spending in a Digital Age, 2012, ICSC Research

Mean Weekly Expenditures - Suburban Workers

U.S. Dollars Per Worker, As of October 2011

Type of Spending Suburban

TOTAL $239.07

TOTAL less Transportation and Online Purchases $194.73

Transportation and Online Purchases $88.99

Transportation $42.34

Online Purchases Made at the Office (personal) $260.35

Full-Service Restaurants and Fast Food $47.45

Full-Service Restaurants $44.83

Fast Food/Deli/Lunch Eateries $28.86

Goods and Services $219.35

Department Stores $90.30

Discount Stores $53.06

Drug Stores $30.40

Grocery Stores $64.79

Clothing Stores $65.24

Shoe Stores $66.72

Sporting Goods Stores $63.60

Electronics/Phone/Computer Stores $147.24

Jewelry Stores $98.94

Office Supplies/Stationery/Novelty Gifts and Cards $63.58

Warehouse Clubs $106.20

Other Goods (florist, non-food vendors, etc.) $66.08

Personal Care Shops $67.03

Personal Services $47.14

Other Services (not elsewhere classified) $77.01 Entertainment (sporting events, live theater,

concerts, movies) $58.66

Source: Office-Worker Retail Spending in a Digital Age, 2012, ICSC Research

317-577-5600 13kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519

317-577-5600 14kiterealty.com02/22/16

PARKSIDE TOWN COMMONS I-540 and NC 55, Cary, NC 27519