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The Commons

Martinsburg, West Virginia For leasing information call: John Abernathy or Darlene McKinnon 205.969.1000 [email protected] [email protected] New Development Opening July 2009

The Commons Charlotte, North Carolina

The Commons is a 400,000 SF shopping center located at the intersection of Exit 12 on Interstate 81 and Route 45 in Martinsburg, West Virginia. This intersection serves as the primary retail hub for Martinsburg and Berkeley County with traffic counts exceeding 50,000 on Interstate 81. The Commons will offer retailers ideal access and visibility to a rapidly growing, underserved trade area. Martinsburg is a thriving, vibrant community that has evolved to become West Virginia's fastest growing city. Located 80 miles from Washington DC and 90 miles from Baltimore, MD and the last stop on the commuter train into Washington DC, Martinsburg's residential development is booming, fueling growth rates of 4% annually. While primarily serving as a bedroom community to Washington DC because of its easy Interstate access and commuter stop, a local employment base also fuels Martinsburg's growth with numerous state and federal government employers including the IRS, U.S. Coast Guard, Bureau of Alcohol, Tobacco and Firearms, and the Veteran Administration Center.

The Commons

Martinsburg, West Virginia · Interstate 81 and Route 45

Location

Martinsburg, West Virginia

· 80 miles from Washington DC and 90 miles from Baltimore, MD

The Commons

Martinsburg, West Virginia

Existing Retail Market

The Commons

Martinsburg, West Virginia

Site Vicinity

The Commons

Martinsburg, West Virginia

Site

The Commons

Martinsburg, West Virginia

Conceptual Site Plan

The Commons Demographics

· Dominant Interstate Intersection in the Trade Area at I-81 and Route 45 · Primary retail hub for Martinsburg and Berkeley County · MSA with low unemployment, excellent job growth, and fast growing customer base

Demographics 2007 Population 2007 Average HHI 2012 Population 2012 Average HHI

3 Mile 23,858 $49,045 26,371 $55,639

5 Mile 47,318 $52,741 54,096 $60,081

10 Mile 95,940 $58,171 110,238 $66,238

15 Mile 159,419 $60,085 181,521 $68,256

· 4% Annual Growth Rate for 2000-2007 · 3% Annual Growth Rate Projected for 2007-2012

About AIG Baker

Charlotte, North Carolina

AIG Baker Shopping Center Properties, LLC is a privately held entrepreneurial-driven company, headquartered in Birmingham, Alabama, that specializes in ground-up development, acquisition, leasing and management of retail centers nationwide. Backed by American International Group (AIG), a world leader in insurance, investments, and financial services, AIG Baker has developed more than 20 million square feet in 17 states since 1993. Subsidiaries of AIG Baker include AIG Baker Real Estate L.L.C.; AIG Baker Management L.L.C.; and AIG Baker Development L.L.C. Projects which are currently owned or are under following: The Village at Lee Branch Patton Creek The Wharf Vestavia Hills City Center Jubilee Square Blackwater Fallschase Settler's Market Sparks Crossing Central Texas Marketplace Madison County Crossing Battlefield Centre Banks Crossing The Village at Bay Park Deptford Landing Wildwood Centre Redevelopment The Greens at Millerville High Point Town Center development by AIG Baker include the Birmingham, Alabama Birmingham, Alabama Orange Beach, Alabama Birmingham, Alabama Daphne, Alabama Lillian, Alabama Tallahassee, Florida Williamsburg, Virginia Reno, Nevada Waco, Texas Madison, Mississippi Ft. Oglethorpe, Georgia Atlanta, Georgia Green Bay, Wisconsin Deptford, New Jersey Birmingham, Alabama Baton Rouge, Louisiana Prattville, Alabama

To learn more about AIG Baker Shopping Centers LLC, please visit our website at www.aigbaker.com or call either John Abernathy or Darlene McKinnon at (205) 969-1000.

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