RETAIL SALES COMPS REPORT

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1 RETIL SLES OMPS REPORT LSS SUMRKET SLE DTE SLE PRIE YR. UILT OUPNY SELLER/UYER Serenity Ridge Marketplace East Smoky Hill urora, O Southeast 09/01/2016 $10,255,611 23,801 $ % Evergreen Devco, Inc. Village Northwest reekside Shopping W. olfax ve West 03/24/2016 $13,000,000 32,068 $ % olumbus Pacific Properties rown & ssociates South Lowry Square 7150 Leetsdale Drive Denver, O entral 01/14/2016 $12,450, ,916 $ % Regency s Legacy apital Partners owles rossing 8055 W owles venue + Southwest 12/23/2015 $76,150, ,834 $ % LaSalle Investment Management (LIM) Vestar Development o. Woodmen ommons E. Woodmen olorado Springs, O Northeast 12/15/2015 $35,000, ,010 $ % Rosenbaum & Dean Standley Shores Wadsworth Pky Westminster, O 12/02/2015 $10,343, ,022 $ % F Property Management, Inc. Parkridge LL Village at spen Park onifer Rd spen Park, O West 11/12/2015 $17,900, ,663 $ % Epic Investments

2 RETIL SLES OMPS REPORT LSS SUMRKET SLE DTE SLE PRIE YR. UILT OUPNY SELLER/UYER Seven Hills Plaza E Hampden ve. urora, O urora 08/19/2015 $19,400, ,770 $ % Summit apital dvisors, LL rciterra Group, LL roadlands Marketplace Portfolio (uildings 1-5) 3600, 3700, 3800, 3950, 4100 W 144th ve roomfield, O Meadows on the Parkway Portfolio (uildings 1-3) 4760, 4770, 4800 aseline Rd oulder, O Roxborough Marketplace Rampart Range Rd University Square 2716 S. 11th ve Greeley, O oulder Southwest Outlying Northern olorado 07/16/2015 $15,400,000 07/16/2015 $48,000,000 07/10/2015 $15,618,000 06/15/2015 $20,750, ,833 $ ,987 $ ,191 $ ,759 $ % Walton Street apital 90% lberta Development Partners 88% Land Security Investors/Sunset Mgmt Slate Properties 95% Waterbury Properties Walton Street apital The Shops t Walnut reek Portfolio (uildings 1-10) Westminster, O + 04/15/2015 $57,100, ,325 $ % Pine Tree ommercial Realty, LL InvenTrust

3 RETIL SLES OMPS REPORT LSS SUMRKET SLE DTE SLE PRIE YR. UILT OUPNY SELLER/UYER Summer Valley Shopping E. Quincy ve. urora, O + urora 03/12/2015 $10,600,000 99,334 $ % Etkin/Johnson Group, Inc. Leon apital Group Marston Park Plaza 5066 S Wadsworth lvd. Southwest 02/25/2015 $17,485, ,976 $ % Jim Perry ompany Miller Real Estate Investments lbertsons at Nor'wood ustin luffs Pkwy olorado Springs, O olorado Springs 01/12/2015 $12,975,000 73,082 $ % Vest apital Quebec Square at Stapleton E 36th venue Denver, O + entral 01/09/2015 $52,250, ,561 $ % Mariash orp. InvenTrust The astle Pines Happy anyon astle Rock, O South 01/07/2015 $19,250, ,961 $ % Sidford apital JDI Realty Lincoln ommons ommons Lone Tree, O Southeast 12/18/2014 $24,000,000 54,750 $ % oventry Development orp

4 RETIL SLES OMPS REPORT LSS SUMRKET SLE DTE SLE PRIE YR. UILT OUPNY SELLER/UYER Hampden Villa Shopping E. Hampden venue urora, O Denver West Plaza Denver West lvd Southeast Outlying West 12/10/2014 $13,000,000 11/20/2014 $13,800,000 96,192 $ ,249 $ % Miller Family Limited Partnership HV Investments 91% VEREIT Developers Diversified Markets on roadway S roadway Englewood, O entral 10/24/2014 $17,200,000 35,500 $ % adence apital Investments Zurich Investments Westminster Plaza N. Federal lvd. Westminster, O 10/23/2014 $12,700,000 97,042 $ % Weingarten Realty Investors Slate Properties Gardens on Havana 1350 S Ironton St urora, O Southeast 10/14/2014 $86,305, ,840 $ % Fortress map Incorporated Whole Foods S ollege ve. Fort ollins, O Northern olorado 10/03/2014 $22,900,000 68,334 $ % row Holdings apital VEREIT Kipling Marketplace 5025 S. Kipling Street. Southwest 08/07/2014 $12,450,000 89,000 $ % TR

5 RETIL SLES OMPS REPORT LSS SUMRKET SLE DTE SLE PRIE YR. UILT OUPNY SELLER/UYER rapahoe Marketplace E rapahoe Rd. Englewood, O South 07/03/2014 $46,234, ,837 $ % GD ompanies Loja Real Estate LL Louisville Plaza S oulder Louisville, O 05/01/2014 $16,700, ,750 $ % Somerset Limited The Shoppes at astle Rock 5650 llen St astle Rock, O Southeast 01/08/2014 $24,270, ,528 $ % Revesco Properties

RETAIL SALES COMPS REPORT

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