LEASING opportunitiesCOLONIE CENTER | ALBANY, NEW YORK

COLONIECENTER AT A GLANCE

Colonie Center generates in excess of $280 million in sales annually with top producers Macy’s, Boscov’s, L.L. Bean, Sephora, Bose, P.F. Chang’s, The Cheesecake Factory, and a state-of-the-art all digital Regal Cinema.

DAILY TRAFFICThe daily road traffic of Wolf and Central combined is 74,501 vehicles daily. An additional 111,371 vehicles pass by on I87. Total daily traffic count: 187,191.

VOTED “THE BEST SHOPPING CENTER” IN THE CAPITAL REGION for the past seven years in a Times

Union readers poll. The Center is in the midst of a multi-million dollar renovation to

which will continue to upgrade and ambiance that is unparalleled in the Capital Region. The renovations will include new contemporary restrooms, makeovers to the food court and center court experiences, and comfortable soft seating areas throughout the center slated to be completed by Fall of 2015

There are 22 Colleges and Universities within 50 miles with an economic impact of over $200 million. The

student population of over 108,500 graduate from well-known universities such as Union College, Rensselaer Polytechnic Institute, Skidmore College, Siena College, and the State University at Albany whose College of

Nanoscale Science and Engineering houses one of the most advanced 200mm/300mm wafer facilities in the academic world.

ONE-OF-A-KIND RETAILColonie Center is home to several unique retailers and eateries found locally only at Colonie Center. Some are the only locations in the Capital Region. The list includes: L.L. Bean, Whole Foods, Sephora, Bose, Charming Charlie, The Body Shop, The Christmas Tree Shops, The Cheesecake Factory, P.F. Chang’s, and opening in Fall of 2015, Nordstrom Rack.

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overachievers

L.L. BEAN is the second highest grossing store in the retail chain. It is bested only by the chain’s flagship store in Freeport Maine.

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MACY’S is a top producer in the region. Its success has earned it the nickname “Mini Herald Square” by Macy’s Management.

BARNES & NOBLE doubled their sales upon relocation. They are the second highest grossing location in the northeast region.

SEPHORA doubled their initial projected sales volume and is one of the most successful stores in the region.

CHARMING CHARLIE is a top 20 store in the national chain; and a top three regionally, often occupying the number one spot for monthly sales.

THE CHEESECAKE FACTORY is a top 20 store in the national chain; sales trending 21% above national average.

WHOLE FOODS MARKET had the seventh best opening in company history. The store is currently trending to be a top performer regionally.

BY THE NUMBERS

15 30mile trade area

TRADE AREA DEMOGRAPHICS

mile trade area

Total Population ................................................ 639,224

Total Households ............................................... 262,921

Average Household Income ..........................$77,997

Average Household Income $75,000+ ........ 38.6%

Associates Degree or Higher ...........................46.6%

Median Age ................................................................... 39

Total Population ................................................909,955

Total Households .................................................371,951

Average Household Income ..........................$77,709

Average Household Income $75,000+ ........ 38.6%

Associates Degree or Higher ...........................45.0%

Median Age ............................................................... 40.3SOURCE: © 2013 Experian, Inc. All Rights Reserved, Alteryx, Inc.

SHOPPERprofileLEISURE SPENDING

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COLONIECENTER

Average Household Income .................. $82,179

Median Age ..................................................... 45.79

Own their own home .................................71.30%

Average time in present home ......................10.65 yrs

Market Value of Owned Home ..........$228,487

4-Year College Degree or Higher ......... 40.10%

Race/White ................................................. 88.20%

Men ................................................................. 45.20%

Women .......................................................... 54.80%

Married .......................................................... 53.90%

Employed Full or Part Time ...................72.60%

Employed in White Collar Jobs ............52.70%

18.9% Eat at a sit-down restaurant at least 6 times a month.

30.1% Have been to the movie theater between 1 and 3 times in the last 30 days.

SOURCE: ©Scarborough 2015 All County of Residence: Albany, Schenectady, Rensselaer, Saratoga. Projected: 672,290 Respondents: 1,444

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What DOES THE COLONIE CENTER SHOPPER MEAN TO YOU?

Based on the most recent Scarborough data, the Colonie Center shopper is more likely to spend substantially more money in key categories than the average Capital Region resident.

The Colonie Center Shopper is...

35% more likely to spend $500 or more on cosmetics, perfumes, or skin care items

34% more likely to spend

$500 or more on women’s

shoes

80% more likelyto spend

$500 or more on costume

jewelry

30% more likely to spend

$500 or more on women’s business clothing

39% more likely to spend $500 or more on men’s business clothing

33% more likely to

spend $500 or more

on men’s casual clothing

SOURCE: ©Scarborough 2015 All County of Residence: Albany, Schenectady, Rensselaer, Saratoga. Projected: 672,290 Respondents: 1,444

Page 6

SOURCE: © 2013 Experian, Inc. All Rights Reserved, Alteryx, Inc.

shopatcoloniecenter.com Clifton Realty Management

RENOVATIONSunderwayColonie Center is currently undergoing a multi-million dollar center-wide renovation. These upgrades are designed with our patrons in mind and will work to enhance and modernize their overall shopping experience. The attention to detail and personal touches seen throughout the upgrades will tranform the look and feel of Colonie Center as a modern, family-friendly shopping destination.

Earlier this year, lower level restrooms and a state-of-the art family lounge were completed. Facilities were added to accommodate the increased shopper base and provide necessary ammenities for shoppers with young children including nursing rooms and a television lounge.

By Fall of 2015, Colonie Center’s center court, food court, soft seating areas and upper level restroom renovations will be complete. The new designs will help to offer patrons an unparalleled shopping destination in the region.

Food Court

Center CourtSoft Seating

LEASE PLAN

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COLONIECENTER

LEVEL ONE

LEVEL TWO

Mach. Rm.

Freight

Elevator

Equipment RoomOffice Storage

Mach. Rm. Elev. #2

Planter

Planter

Pla

nterBridge

Up

Up

Up

Elev.#7

Ele

v.#4

UpDown ObservationElevator

Planter

Planter

Water Spillway Water Spillway

Planter

Planter

Up

Ele

v.#3

Elec.Closet

Up

Machine Rm.

Ele

v.#1

Jani

tor's

Clo

set

Time Clock Area& Entrance to C.P.

BathroomC.P. Office

305,000 SF

91'-8"

Sunglass Hut180 sf(rr)

Piercing Pagoda180 sf(rr)

ELE

CTR

ICA

LR

OO

M

366

38'-0"

25'-7

"

34'-9"

50'-7

"

9'-2"

24'-0

"42

'-6"

14'-9"

81'-4"

75'-1

0"

38'-6"

15'-0

"

105'

-9"

334321

322

326

331

360

54'-1

0"

155'-9"

133'-2"

223'

-10"

138'

-3"

54'-0

"

160'-0"

20'-0

"

20'-0

"

18'-1

0"

25'-1

0"

19'-1

0"

19'-1

0"

14'-0

"

32'-6

"

20'-10"

25'-6"

31'-6

"

8'-6

"

56'-10"

43'-0

"

21'-3

"

39'-9

"

64'-10"

77'-0

"

328

140

342

26'-4"

21'-8

"

29'-3

"

330

Cheesecake Factory10761 sf(rr)

61'-4

"

26'-0"

41'-0

"

320

ELRM

225,000 SF

Pay

less

Sho

esou

rce

4369

sf

Car

lton

Car

ds30

90 s

f

MA

CY

S

BOSCOVS

38'-2"

50'-0"

28'-0

"

38'-0"

43'-0

"

14'-0"

42'-1"

30'-4

"

12'-0

"

24'-0"

14'-0"

14'-0"

36'-3

"

28'-1

0" 14'-1

0"

82'-1

"

103'

-0"

103'

-0"

103'

-0"

29'-8" 31'-0 "

97'-8

"

116'

-3"

80'-0

"

41'-3"

41'-3"

76'-5

"

86'-0

"

66'-0

"

91'-6

"

111'

-6"

111'

-6"

44'-5

"

14'-0"

28'-0"

24'-3

"

30'-11"

141'

-2"

126'

-2"

126'

-2"

93'-8"

126'

-2"

114'

-6"

114'

-6"

108'

-3"

108'

-3"

108'

-3"

54'-1"30'-0"60'-0"

14'-2"

62'-6"

15'-0:

6'-9"

14'-0"

26'-0"

13'-3"

42'-0"15'-0"

13'-0"

22'-0

"

21'-3"

19'-0

"19

'-7"

120'-0"

95'-1

0"

52'-4"

56'-5"

CHILDREN'S PLAY AREA

Berkshire Bank ATM15 sf(rr)

97'-8

"

Mot

herh

ood

Mat

erni

ty29

99 s

f

Gle

npet

er J

ewel

ers

2745

sf

Nail Studio825 sf

305P.F. Changs7767 sf(rr)

118'-6"

73'-0

"

31'-3"

Joli

2039

sf

29'-8"

Lim

ited

Exp

ress

8901

sf

NY

& C

o.91

76 s

f

Bod

y S

hop

841

sf

Can

dles

& M

ore

1806

sf

44'-5

"

15'-0"

14'-0"

MallOffice

SecurityOffice

Sep

hora

5855

sf

FYE

6684

sf

2489

2 sf

275,

000

SF

SE

AR

S

93'-6

"

Bos

e26

41 s

f

Cof

fee

Bea

nery

783

sf

Auntie Annes904 sf

GNC1590 sf

2269

sf

7014

sf

29'-11"

Elev Mach.Rm #4

Owners Room

323 327

337345

353

142

152

314310

164 162

102 104 110 122114

144

K1K2K3

K5

K6

K3K1 K2

K5K6

130

K7

K7

K4

165

ATM1

ATM1

353A

Time & Time Again144 sf(rr)

144 sf(rr)

0 sf(rr)

K9

Storage

Storage

Storage

Storage

K9 150 sf(rr)

154

Cra

zy 8

2075

sf54

'-6"

14'-0"

51'-0"

Hot Cuts771 sf

1600 sf

Verizon1785 sf

Bar

nes

& N

oble

3444

0 sf

K4

164 sf(rr)

Wireless Accessories144 sf(rr)

ESCALATOR &ELEVATOR TO CINEMA

194

L.L.

Bea

n

2929

7 sf

319AT&T679 sf

2468

sf

301A

301

302

Cha

rmin

g C

harli

e83

19 s

f

Five GuysBurgers & Fries2918 sf

126

Kay Jewelers1197 sf

Sho

e D

ept

5287

sf

Just

ice

for G

irls

4020

sf

27'-1

"

41'-0

"

326A

MoesSouthwest Grill

2450 sf

Menchies1349 sf

709

4 sf

Bro

okst

ones

3262

sf

410

sf

Liberty Travel1,273 sf 324

311

317

Spr

int

1383

sf

1118

sf

WH

OLE

FOO

DS

NordstromRackEntrance3,132 sf

FutureDevelopment2,763 SF

105'

-6"

35''-3"

13''-2"

21'

19'-6

"

56'-1

1"

41'-3"

92'-9

"

12'-5

"

49'-1"

49'-1"

48'-10"

40'-9

"

12'-8"

12'-2

"

6'-1

0"

6'

32' 44'-10"

50'-2

"

10'-9

"

18'-7"

75-3"

47'-9

"

42'-1"

75'-1

0"

13'

17'-1"

83'-9"55'-5"

32'

26'-3"

63'-9

"

14'-0"

7'-3"

14'-0

"

8'-0

"

31'-3"

44'-0

"

48'-5"

14'-0

"

13'-0

"

14'-0"

14'-0"

81'-0

"

20'-2

"

13'-9

"

39'-6"

89'-3

"

25'-1

0"

9'-1"

33'-8" 30'-0" 30'-0"

3785

sf

3785

sf

2055

sf

106 112

2437

sf

CV

S68

25 s

f

60'-0"23'-9"160 156

2042 sf

15'

324A

301

1074

9 sf

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SITE PLAN

LEASABLE areaTotal Center GLA.....................1,340,731 s.f.

Small Shops ...............................330,481 s.f.

Anchors (Total) .......................1,010,250 s.f.

Macy’s ....................................299,436 s.f.

Sears ......................................275,811 s.f.

Boscov’s .................................225,000 s.f.

Christmas Tree Shops ..............56,300 s.f.

Regal Cinemas ........................55,268 s.f.

Nordstrom Rack .......................34,698 s.f.

Barnes & Noble........................34,440 s.f.

L.L. Bean ...................................29,297 s.f.

shopatcoloniecenter.com Clifton Realty Management

COLONIECENTER

Site Plan

Colonie Center131 Colonie Center

Albany, New York 12205

N

Revision Date

05/04/15

AUTOMOTIVE

CENT

RAL

AVEN

UE

(THIRD LEVEL)

(SECOND LEVEL)

RING ROAD SHED

HEALTH CLUB

SAND

CRE

EK R

OAD

WOLF ROAD

RETENTIONPOND

RETENTIONPOND CONVENIENCE

STORERETENTION

POND(FIRST LEVEL)

(FIRST LEVEL) (SECOND LEVEL)

FUTUREPAD SITE

RETENTIONPOND

AERIAL VIEW

Opening Date......................................1966

Renovation Date ..................................2008

Site ..................................................96 Acres

Parking ...................................5,297 spaces

Levels ..........................................................2

Total Stores ...........................................100+

PROPERTY DATA

NEW YORK

87

NEW YORK

87

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COLONIECENTER

T H E REGION

COLONIECENTER

Being the Capital, Albany is

the hub of the Northeast and

home to over 110,000 state,

local, and federal employees.

A network of service industries,

restaurants, entertainment

venues, and related businesses,

have grown up in Albany to

serve the needs of government.

To accommodate local

businesses, there are 30 hotels

within a two mile radius of Wolf

Road totalling 3,581 rooms

which are near capacity every

weekday. Annually there are an

estimated 2,239,199 overnight

visitors to the area.

Planes Trains Automobiles

Albany is easily accessible via road, rail, air and waterways.

It is a three (3) hour drive from New York City and Boston and a four (4) hour drive from Montreal.

The Albany International Airport handles an average of 110 daily commercial arrivals and departures.

The Albany–Rensselaer Rail Station has become the ninth-busiest in the country, as well as the

busiest to serve a metro area with a population smaller than 2 million.

Albany is a popular day trip locale for residents of the Adirondacks and Saratoga to the north, the

Catskills and Hudson Valley to the south, the Berkshires and Vermont to the east, and the Finger

Lakes region to the west.

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COLONIECENTER

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$450 MILLION CASINO, RESORT & MIXED-USE DEVELOPMENTIn December 2014, New York State granted Rush Street Gaming approval to develop and operate a $300 million Rivers Casino & Resort at Mohawk Harbor in Schenectady, just west of Albany. The facility will include 1,150 slot machines, 66 table games, a 150-room hotel, steakhouse, entertainment lounge, banquet facility, day spa and outdoor patio areas.

Alongside the casino, an additional $150 million mixed-use development will provide residential and commercial spaces, a 124-room Marriott hotel and 50-slip harbor on the Mohawk River and Erie Canal.

The casino is slated to open by early 2017 and will bring approximately 1,200 jobs to the region and approximately 1,400 construction jobs.

THE HEART OF UNIVERSAL INNOVATION IN OUR BACKYARD The ‘high-tech ecosystem’ of New York’s Tech Valley has put the Capital Region on the world stage over the last two decades. Billion dollar investments in industry, technology, and education, all within the Colonie Center trade area, have proved time and again to be an investment worth making.

THE COLLEGE OF NANSCALE SCIENCE AND ENGINEERING (CNSE)Over the last year CNSE has partnered with companies such as the M+W Group, Mitsubishi Chemical, Hitachi Chemical, Akrion Solar and IBM Research to bring billions in funding, jobs and innovation to the region.

GENERAL ELECTRIC (GE) With roughly 7,000 employees in the Capital Region, GE has had a foothold in tech valley for over a century. Recently GE has invested more than $400 million to expand its Albany-area footprint with its health care, battery and renewable energy businesses.

GLOBALFOUNDRIES / FAB 8Recently acquiring IBM’s chip factories in Vermont and New York, GlobalFoundries is now the largest semiconductor manufacturer in the northeastern United States. The Malta, NY plant employees 2,200 people and is expanding as part of a $10 billion project which includes a partnership with Samsung.

BET ON USthe capital region is a winning destination

STEPHEN A. CASSELLAPermanent LeasingClifton Realty Management17 Woodcliff DriveMadison, NJ 07940C 201.694.3210scassella@cliftonrm.com

WILLIAM L. CAPPELLETTIPermanent LeasingClifton Realty Management333 West Washington Street - Suite 600Syracuse, NY 13202C 315.200.1874 | F 315.471.1154wcappelletti@cliftonrm.com

CYNTHIA CZECH Vice PresidentSpecialty Leasing and Business Development100 North Sepulveda Boulevard Suite 1925El Segundo, CA 90245C 630.956.4451cczech@pacificretail.comwww.pacificretail.com

MARIE BELLINO Specialty LeasingColonie Center131 Colonie CenterAlbany, NY 12205O 518.459.9020 ext. 227C 518.466.9590mbellino@coloniemanagement.comwww.shopatcoloniecenter.com

COLONIE CENTERVIRTUAL TOURClick on the button above to be taken on a virtual tour of Colonie Center. The tour includes both the first and second levels as well as exterior views and 360° access.

JASON OLSENPermanent LeasingClifton Realty Management358 B North BroadwayHicksville, NY 11801C 917.226.9307jolsen@cliftonrm.com