T H E P L A Z A A T B U R R C O R N E R S

M A N C H E S T E R , C O N N E C T I C U T

150 Baker Avenue Ext., Suite 303 Concord | MA 02474

Tel. (978) 287-5000 Fax (978) 287-5050 www.winent.com

WINSTANLEY ENTERPRISES LLC

Commercial Development & Asset Management

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REDEVELOPMENT OVERVIEW

The Plaza at Burr Corners (the “Property”) is a 283,127 square foot, multi-tenanted retail center located in the Central Connecticut town of Manchester. This well-established shopping center was built in 1965, renovated in 1990, and is located on a 26.3 acre parcel on the Tolland Turnpike, with immediate access to, and visibility from Interstate 84. Manchester, located in Hartford County, is located just 9 miles east of Hartford with outstanding regional access via Interstate 84 (North-South) and Routes 291, 384 and 44 (East-West). The center is located in one of Central Connecticut’s premier retail areas, headlined by the nearby Buckland Hills Mall, with excellent visibility along Interstate 84, which sees over 133,000 vehicles per day.

The Plaza at Burr Corners 1131 Tolland Turnpike Manchester, Connecticut

The Property consists of the main center, which totals approximately 193,000 square feet, eight out parcel buildings, and a 1.5+/- acre corner lot development parcel. The center is currently anchored by Pilgrim Furniture, which occupies 72,600 square feet, and also includes Planet Fitness, Subway, The UPS Store, and H&R Block. The outparcels include a McDonald’s, Dunkin Donuts, and Firestone service station. The asset is currently 78% leased to a strong mix of national and regional tenants. The shopping center presents an attractive repositioning and leasing opportunity of the existing 61,000 square feet of vacant space, as well as the potential relocation of Pilgrim Furniture that would free up a significant block of space to attract a grocery store to the center. The addition of a grocery store to anchor the center, coupled with the center’s location within a premier retail market will help drive leasing activity for the remaining vacancy in the center. In addition, Winstanley believes that enhancing the center’s access by creating a cut-through in the main center and improving visibility with better signage will further enhance leasing velocity and improve each tenant’s business.

AERIAL

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The Plaza at Burr Corners 1131 Tolland Turnpike Manchester, Connecticut

DEMOGRAPHICS1 mile 3 miles 5 miles

2015 Estimated Population 4,382 68,481 134,672

2015 Estimated Households 1,947 28,803 54,503

2015 Est. Average Household Income 79,893$ 76,964$ 85,713$

LOCATION OVERVIEW

The Plaza at Burr Corners 1131 Tolland Turnpike Manchester, Connecticut

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3 miles

5 miles

THE PLAZA AT BURR CORNERS

The Plaza at Burr Corners is located just 9 miles east of Hartford with outstanding regional access via Interstate 84 (North-South) and Routes 291, 384 and 44 (East-West). The property features excellent access and visibility with an average traffic volume of over 133,000 vehicles per day on I-84, 23,000 vehicles per day on Buckland Street, and 18,000 vehicles per day on Tolland Turnpike. The Plaza at Burr Corners is situated in a densely populated trade area; approximately 133,600 residents with a median household income of $66,900 are within a five-mile radius of the property. Due in part to its strong demographics and the dynamics in the densely populated Route 291 & 384 corridors, Manchester is considered a top-tier market in Connecticut for retailers.

Property Anchor(s ) Size (SF) Dis tance1. Save-A-Lot Shopping Center425 Broad StreetManchester, CT

Save-A-Lot Supermarket 66,968 2.6 mi les S

2. Stop & Shop1739 El l ington RdSouth Windsor, CT Stop & Shop 57,536 2.3 mi les N3. Vernon Circle Shopping Center295 Hartford TpkeVernon Rockvi l le, CT

Stop & Shop, Kmart, Curta in & Bath Outlet 240,916 4.2 mi les NE

4. Charter Oak Mall940 Si lver LaneEast Hartford, CT

Stop & Shop, Big Lots , Burl ington Coat

Factory 225,439 4.0 mi les SW5. ShopRite Shopping Center210-240 Spencer StManchester, CT ShopRite 83,648 3.0 mi les S6. Tri-City Plaza35 Ta lcottvi l le RoadVernon Rockvi l le, CT

Price Chopper, T.J. Maxx, HomeGoods ,

Dol lar Tree 259,276 4.3 mi les NE7. Big Y Plaza232-238 Tol land TpkeManchester, CT Big Y 105,330 2.5 mi les E8. Manchester Parkade364-412 Middle Tpke WManchester, CT

Super Stop & Shop, Dol lar Tree, Cinema 344,700 1.7 mi les S

The Plaza at Burr Corners 1131 Tolland Turnpike Manchester, Connecticut MARKET OVERVIEW

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CURRENT SITE PLAN

The Plaza at Burr Corners 1131 Tolland Turnpike Manchester, Connecticut

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PROPOSED SITE PLAN

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The Plaza at Burr Corners 1131 Tolland Turnpike Manchester, Connecticut

CONTACT: Adam Winstanley Winstanley Enterprises, LLC 150 Baker Avenue Extension Concord, MA 01742 www.winent.com T: 978-287-5000 F: 978-287-5050

The Plaza at Burr Corners 1131 Tolland Turnpike

Manchester, Connecticut