Cincinnati Market OverviewICSC 2013 Ohio/West Virginia Idea Exchange

August 2013

Presented By: John A. Thompson

Sr. Vice President, The Everest Group, Inc

9912 Carver Road, Suite 100, Cincinnati, OH 45242 www.everestrealestate.com

Cincinnati

CincinnatiMarket Fast FactsCincinnati Population• The Greater Cincinnati metro market including northern

Kentucky, SE Indiana and Dayton will have a population of 3.5 million by 2015.

• The Cincinnati MSA is larger than either Columbus or Cleveland and has more $100K households than either.

• Cincinnati is home to nine Fortune 500 companies and over 360 Fortune 500 companies have operation in the Cincinnati MSA.

Major Employers - General Electric, Kroger (now acquiring Harris Teeter for $4.5B and growing fast), Duke Energy, Cincinnati Children’s Hospital, University of Cincinnati, American Financial, Western & Southern Life Insurance.

Regional Draws - New Horsehoe Casino, MLB - Cincinnati Reds, NFL - Bengals, University of Cincinnati, Xavier University, Miami University, Cincinnati Zoo, Newport Aquarium.

Campus Development

Knowledge is Good

The Banks - Downtown• Mixed use urban riverfront development

• Just opened – The Yard House, The Wine Guy Bistro, Ruth’s Chris Steakhouse, Tin Roof Restaurant

• Planned 200,000 SF office at 180 Walnut

• 300 luxury apartment units, with 300 more just announced

Cincinnati Downtown – GROWING!

Hyde Park, OH

Rookwood Exchange• Marriot Courtyard now

open

• Seasons 52, Capital Grille and Jason’s Deli all open

• Possible residential apartments planned

Oakley, OH

Center of Cincinnati - Oakley

• Mixed use movie theater, residential, retail development

• Anchored by Meijer, Target, Sam’s, PetsMart and • LA Fitness

• CineMark 14 screen theatre now open.

• Kroger SuperCenter planned

• 302 residential apartments

Kenwood, OH

Kenwood

The Kenwood Collection

• Retail and office development at Kenwood Towne Center

• Greater Cincinnati’s TOP retail and office market

• Looking for high end luxury retailers and new-to-market retailers to join Crate & Barrel

Liberty Township, OH

Liberty Center• Lifestyle development in the

fast growing West Chester, Ohio market.

• Planned 1.1M SF first phase with Dillard’s, Cobb Theatres 16 screen.

• 85,000 SF office

• 220 apartments

Northgate, OH

Northgate

Northgate Mall

Campus Development

U Square at the Loop

Short Vine• Mixed use – student apartments over 1st floor retail

• Two projects completed- Views on Vine 104 units

- Vine Street Flats – 32 units

• First floor retail available.

University Station - Xavier• Phase 1 to include Campus

Book Store

• 180 student apartments.

• Planned 50,000 SF office

• Seeking retail, restaurants

Norse Pointe - NKU• Front door gateway to the

Campus.

• Seeking hotel, movie theatre, retail and restaurants

• May include some student housing and offices.

• Seeking development partner. For more info - Jeff Strunk NKU 859-572-6448

The End