Peninsula Town Center

OFFERING INTRODUCTION

Matthews Real Estate Investment Services^TM, as exclusive broker, is pleased to present the opportunity to acquire, either as a portfolio or separately: Building J and Buildings L & M of Peninsula Town Center – a dynamic, mixed-use development in Coastal Virginia.

PENINSULA TOWN CENTER PROPERTY VIDEO

INVESTMENT HIGHLIGHTS

- BUILDING J -

Centrally located just off I-64, in the heart of Hampton, VA

Part of a Hampton Roads region which is home to Joint Base Langley-Eustis (JBLE) and continues to be one of the fastest growing areas along the Mid-Atlantic Coast

Part of Peninsula Town Center – a 1.5M SF dynamic mixed-use environment

Which is home to a 127-room Element Hotel by Marriott, 405 Class A apartments, 807K SF of regional retail draws, 150K SF of Class A office, and major entertainment venues, including a 710-seat dine-in movie theatre, SkyZone, Latitude Climbing & Fitness, and Kids Empire (coming 2025)

Extremely high-traffic position at the VA-258 exit from Interstate 64

With additional signalized entrances from Coliseum Dr and Cunningham Dr (VA-152) – accessing a combined traffic count of 256,000 VPD.

Home to national tenants Lenscrafters, Cox Communications and Sport Clips - Bldg. J is shadow-anchored between an adjacent Barnes & Noble and Target

Providing stability, insulation and replaceability through any economic climate

Synergistic, nearby outparcel draws count CAVA, Panda Express, First Watch, Mission BBQ and more

Bolstering consumer overlap for tenants in Bldg. J

Dense, growing trade area demographics

Highlighted by 203,912 people within a 5-mile radius of the Property with an avg. household income over $84,000 within 10 miles

Phenomenal Consumer Foot Traffic Data

Ranked the #3 of 26 lifestyle centers in VA and #33 of 489 in the U.S. (Top 93%), with 7.1M annual visitors

INVESTMENT HIGHLIGHTS

- BUILDINGS L+M -

Centrally located just off I-64, in the heart of Hampton, VA

Part of a Hampton Roads region which is home to Joint Base Langley-Eustis (JBLE) and continues to be one of the fastest growing areas along the Mid-Atlantic Coast

Part of Peninsula Town Center – a 1.5M SF dynamic mixed-use environment

Extremely high-traffic position at the VA-258 exit from Interstate 64

With additional signalized entrances from Coliseum Dr and Cunningham Dr (VA-152) – accessing a combined traffic count of 256,000 VPD.

Sharing a parking field with Target at Peninsula Town Center, Bldgs. L & M boast thriving restaurant tenants, including Chipotle and Bar Louie

Which serve an array of consumers – from Element Hotel guests to shoppers to residents of Axis at PTC and The Chapman apartments

Advantageous, e-commerce resistant mix of Bar Louie, fast casual and sit-down restaurants

Making Bldgs. L and M the center of the consumer’s food and beverage experience at Peninsula Town Center

In addition to a 2,804± SF lease-up opportunity, 4 of 5 tenants which comprise Bldgs. L & M have annual rent escalations

Providing intrinsic value creation through built-in NOI growth over the next several years

Phenomenal Consumer Foot Traffic Data

Ranked the #3 of 26 lifestyle centers in VA and #33 of 489 in the U.S. (Top 93%), with 7.1M annual visitors

MARKET OVERVIEW

Peninsula Town Center anchors the Hampton retail nucleus, drawing 7.1M annual visitors, and is surrounded by regional retail and tourist draws like Lowe’s, Bass Pro Shops, BJ’s Wholesale, Walmart, and The Home Depot; along with the Hampton Roads Convention Center.

Located at the mouth of the Chesapeake Bay, just north of Norfolk and Virginia Beach, Hampton is the 7th most populous city in the state of Virginia and one of the oldest cities in America. One of the fastest growing cities in the region, Hampton has been recognized by Money Magazine as one of the “Best Places to Live in the U.S.” The city boasts a thriving local economy, which is home to a wide array of businesses and attractions, including notable industrial installations, major retail draws, healthcare hub, convention center, historical sites, and Langley Air Force Base. A significant U.S. Military holding, Langley was the nation’s first base dedicated solely to air power and is home to the U.S. Air Force’s 633rd Air Base Wing and 1st and 192nd Fighter Wings. A center for military aviation training for almost 100 years, Joint Base Langley-Eustis (JBLE) is home to a population of over 145,000 people, including 15,000 active-duty personnel, 56,000 retirees and 28,000 family members. All told, JBLE has a $3.5 billion economic impact on the Hampton Roads area. Essentially located across the street from Peninsula Town Center, Hampton Coliseum is a versatile event facility which hosts major musical concerts, Monster Jam, Disney on Ice, rodeos, WWE wrestling events, and more throughout the year.

LOCATION ATTRIBUTES

PROPERTY ATTRIBUTES

Dynamic, Mixed-Use Lifestyle Center Environment

Peninsula Town Center provides a busy, 24-hour lifestyle center atmosphere, comprised of a 127-key, on-site national hotel flag, 405 luxury apartment units, major regional shopping draws, 25 restaurants, entertainment venues, including Latitude Climbing and Fitness, SkyZone Trampoline Park, Kids Empire (2025), and a 710-seat, 8-screen dine-in movie theatre, which make it one of the top consumer draws in the state of Virginia.

High-Traffic, Regional Location

Peninsula Town Center is ideally positioned as the anchor of the Hampton market’s retail and tourism nucleus, at the extremely high-traffic interchange of I-64 and US-258. In addition to ample visibility along I-64 (174,000 VPD), the Property boasts signalized entrances from Mercury Blvd (US-258), Coliseum Dr and Cunningham Dr, accessing over 82,000 VPD from its surrounding surface roads. Additionally, the Property sits across from significant regional draws, including BJ’s Wholesale, Lowe’s, Bass Pro Shops, Walmart, The Home Depot, the Hampton Roads Convention Center, and Hampton Coliseum – hosting major concerts, Disney On Ice, Monster Jam, and professional wrestling events throughout the year.