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3067 Jacklin Road, Langford, BC CONTACT Dan Clark 604.628.2577 dan@sitings.ca Nick Fisher 604.628.2581 nick@sitings.ca

Belmont market Langford, BC SUMMARY Belmont Market will be Langford s premier grocery anchored shopping centre. Anchored by a 53,000 sf Thrifty Foods store, the project will feature approximately 160,000 square feet of commercial space and 156 rental residential units at buildout. Over 284 residential condominiums are planned for the southern edge of the site. The shopping centre serves a vibrant and rapidly growing trade area. Located less than 30 minutes from Downtown Victoria, Langford has been one of the fastest growing municipalities in BC. The trade area is characterized by larger than average households, high percentage of single family homes, and higher than average household incomes. Combined with relatively affordable housing prices, local consumers have healthy disposable incomes. Featuring a Main Street shopping experience, and contemporary West Coast architecture and design, Belmont Market will be one of the most attractive retail destination in the region. DETAILS + 160,000 square feet of shops, services & office + Phase 1-96% leased + Phase 1 Opening: Fall/Winter 2018 + Anchored by a 53,000 square foot Thrifty Foods + Spaces available between 1,000 to 7,500 square feet + Contact Dan Clark (dan@sitings.ca/604.628.2577) or Nick Fisher (nick@sitings.ca/604.628.2581) for rental details CONFIRMED TENANTS DEMOGRAPHICS 2018 Population 2018 AVG HH Income 2018 Daytime Population 2018 Median Age 3 KM 39,117 $101,766 30,891 5 KM 57,766 $108,614 43,401 Trade Area 93,325 $108,537 68,682 38.5 39.0 41.2 Victoria CMA 378,899 $99,824 371,667 43.9 (Environics, 2018) Eye Etiquette AREA TENANTS Click for Aerial Video CALI NAILS MORE TENANTS TO BE ANNOUNCED SHORTLY

Belmont Market also benefits from traffic drawn by the adjacent retail centres, and area tenants such as Cineplex, Winners, Sport Chek, Real Canadian Superstore. At completion, this retail node will comprise over 1,000,000 square feet of retail GLA, creating a strong regional draw to the area.

Lowest Unemployment Rate in Canada 3.3% in Greater Victoria 4.2% in Vancouver 8.3% in Calgary 5.9% in Canada Tremendous Population Growth in Langford Ranked #1 in BC from 2006-2011 Ranked #3 in BC from 2011-2016 For Census Subdivisions in BC greater than 5,000 people Young Population Langford s Average Age: 38.6 Victoria s Average Age: 44.5 BC s Average Age: 42.3 Strong Household Incomes in Trade Area $103,787 in Langford Trade Area $97,472 in British Columbia Larger Households 2.49 Persons per Household in Langford 2.27 Persons per Household in Vancouver 2.21 Persons per Household in Victoria Substantial Number of Single Family Dwellings 39.8% in Langford 29.3% in Vancouver 14.2% in Victoria Stats Canada, 2016 & Environics 2017

MERCHANT WAY 1,313 SF BELMONT MARKET Langford, BC Belmont Market is committed to building a lifestyle community, not CONFIRMED DEAL UNDER NEGOTIATION AVAILABLE PHASE 1: Q3/Q4 2018 PHASE 2: Q2 2019 PHASE 3: Q3 2019 A just renting space. We re working hard to curate a mix of high-quality local, regional and CONVENIENCE DISTRICT RETAIL & PERSONAL SERVICE VILLAGE FUTURE PHASE national shops and services that meet the needs of Langford. With a focus on providing a variety of food options, shopping, JACKIN RD C CALI NAILS B convenient services, and health & wellness, Belmont Market is a LANGFORD SUSHI PATIO thriving community for retailers and residents alike. 00 SF 9,595 SF TERLANE AVE D 1,281 SF 1,607 SF 1,270 SF D2 FUTURE PHASE 6,000 SF PATIO M JENKINS AVE 2,565 SF 1,400 SF 1,400 SF Q TERLANE PLACE E L Right-In Right-Out 2,948 SF 1,400 SF 1,300 SF 1,700 SF K Right-In Right-Out Right-In Right-Out FUTURE F 2,960 SF 1,260 SF 1,280 SF 1,250 SF 1,280 SF 1,298 SF 1,373 SF 1,212 SF EYE ETIQUETTE J 53,000 SF FUTURE RESIDENTIAL G 1,027 SF RMT 1,045 SF RESIDENTIAL AMENITY 4,484 SF DIVISION AVE H FUTURE RESIDENTIAL FUTURE RESIDENTIAL FUTURE RESIDENTIAL GALLOPING GOOSE REGIONAL TRAIL

MERCHANT WAY 1,313 SF BELMONT MARKET Langford, BC RETAIL & PERSONAL SERVICE VILLAGE The retail and personal service village is the heart of Belmont Market. This pedestrian friendly village includes retailers and services that make the community a great place to live, shop and play. Find your space today. Target businesses include: Pet food / Supplies Environmentally Friendly Garment Cleaning Clothing Repairs and Alterations Local Sit- Down Restaurant Vitamins and Supplements Bakery Children s Clothing Women s Fashion & Accessories Home Furniture and Décor Stationary and Gifts Salon and Spa Specialty fitness 2,551 SFD2 1,618 SF FUTURE PHASE TERLANE PLACE 2,555 SF L E 2,948 SF 1,400 SF 1,300 SF 1,700 SF K F 2,960 SF 1,260 SF 1,280 SF 1,250 SF 1,280 SF 1,298 SF 1,373 SF 1,212 SF Eye Etiquette J G 1,027 SF RMT 1,045 SF RESIDENTIAL AMENITY 4,484 SF DIVISION AVE H CONFIRMED DEAL PHASE 1: Q3/Q4 2018 CONVENIENCE DISTRICT UNDER NEGOTIATION PHASE 2: Q2 2019 RETAIL & PERSONAL SERVICE VILLAGE AVAILABLE PHASE 3: Q3 2019 E. & O. E.: All information contained herein is from sources we deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. *All measurements quoted herein are approximate.

Construction as of December 2018

WHO IS CROMBIE? Established in 2006, Crombie REIT is one of Canada s leading real estate investment trusts. We believe in building high-quality, sustainable real estate that enhances local communities for the long term. We invest in and support welcoming, convenient properties where people want to live, work, shop and play. Integrity, Excellence & Quality, Relationships, Commitment, Collaboration, and Innovation guide the day-to-day and strategic decisions of every member of the Crombie team. With more than 280 properties and 338 employees nation-wide, we re proud of how we re helping shape Canada. Crombie Leasing Contact: Elyse Tomie 587-955-6828 ext 6217# deem reliable, and we have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. *All measurements