PRINCE GEORGE University of

Northern British Columbia

College HeightsSecondary School

HIGHWAY 16

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Subject Site

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Land Ownership & Leasing Opportunities

Brand New Commercial Development in Prince George

Curtis Leonhardt*604 638 1999cleonhardt@form.ca

Jackson Safrata604 398 3658jsafarata@form.ca

*Personal Real Estate Corporation

ContactJoe Genest*604 398 4341jgenest@form.ca

Location6500 Southridge AvenuePrince GeorgeBritish Columbia

Opportunity

The subject site presents an excellent opportunity for retailers, hoteliers, and residential developers to secure land through ownership or leasing positions in the desirable College Heights neighbourhood of Prince George. With up to 16 acres of developable land, the site will ultimately be zoned, serviced and subdivided catering to specific user requirements.

Offering Process

Prospective purchasers and tenants are invited to submit formal offers or non-binding letters of intent to Southborough Investments Ltd. c/o Form Real Estate Advisors. All offers will be subject to vendor’s conditions to be provided.

Salient Details

Land Ownership & Leasing Opportunities6500 Southridge Avenue

Prince George BC

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Municipal Address:6500 Southridge Avenue, Prince George, BC

Site Size: Up to 16 acres

Future Land Use: Neighbourhood Centres, Corridor

Future Zoning: C2, C3, C5 and C6

Project Completion: Q4 2020

Highlights

Centrally located and highly accessible site with ample opportunity for various retailers, businesses and amenities in the College Heights neighbourhood.

Multiple commercial zones accommodate major shopping centres, hotels and complementary residential development, providing a wide variety of permitted uses.

Strategically positioned to benefit from immediate area anchors of Walmart, Save-on-Foods, Canadian Tire, The Home Depot along with a strong roster of national, regional and local tenants within Smart Centres Prince George and College Heights Plaza.

Targeted uses / businesses include: Grocery, hospitality, health & wellness, restaurants, convenience, medical, general retail, automotive and many more.

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College Heights Plaza

O’Grady HeightsResidential Development

Subject Site

Future ResidentialDevelopment

New CondoDevelopment

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Location Overview

The subject site is located approximately seven kilometres southwest of downtown Prince George in the College Heights neighbourhood. Located in the western end of Prince George, College Heights is home to many large box stores, banks, restaurants, parks, trails and residential areas. This neighbourhood features some of the newest developments in the city, boasts higher than average disposal income and is in close proximity to the University of Northern BC. The subject site occupies a major and central position in the region, sharing boundaries with Walmart to the west, and the balance of SmartCentres Prince George to the north which includes numerous national retailers such as Canadian Tire, The Home Depot, and Mark’s. This to-be-developed commercial centre is strategically located with exposure to Southridge Avenue, a primary thoroughfare connecting College Heights to Yellowhead Highway and ultimately downtown Prince George, experiencing over 20,000 vehicles per day. The highly accessible site features two points of ingress/egress from Southridge Avenue and O’Grady Road.

Land Ownership & Leasing Opportunities6500 Southridge Avenue

Prince George BC

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Prince George Highlights

Named the city with the strongest economic outlook among mid-sized Canadian cities by the Conference Board of Canada in 2016

In close proximity to major operating mines including Mt. Milligan, Endako and Gibraltar, and home to approximately 20% of northern BC's mining sector employees

Growth of the economy is due to its diversification across all sectors: Construction, forestry and pulp & paper, mining, energy & bioenergy, transportation & logistics, manufacturing and wholesale & retail trade

Prince George International Airport (YXS) has the fourth longest runway in Canada servicing over 460,000 passengers annually

PopulationCity - 86,000Trade Area - 320,000

Young Population73% under 5536% under 24

Average Household IncomeCity - $101,117Trade Area - $116,436

Employment RatePrince George - 65.3%British Columbia - 60.5%

Building Permit Values (2011-2016)Total - $659.53 millionNon Residential - $362.53 million (55% of total)

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Subject Site

University ofNorthern BC

Fast Facts

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Land Ownership & Leasing Opportunities6500 Southridge Avenue

Prince George BC

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1. Subject Site2. New Condo Development3. O’Grady Heights:

153 Residential Units Under Construction

4. Tyner Ridge Estates

5. Visions Electronics, EB Games, Domino’s

6. Walmart Supercentre7. Dollarama, Old Navy,

Reitman’s, La Senza, RBC8. Michael’s, Petland

9. Tim Horton’s10. Mark’s11. The Home Depot12. Canadian Tire13. Dairy Queen14. Scotiabank, McDonald’s

College Heights Aerial

15. KFC16. Chevron17. ESSO18. College Heights Plaza:

Save-On-Foods, Shoppers Drug Mart,

BC Liquor Store, TD Bank, Starbucks, Original Joe’s

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SITE PLANSCALE : 1:500

SOUTHBOROUGHNORTH

--PRINCE GEORGE

Lot B4.16 AC

Lot A2.75 AC

Lot C2.37 AC

Lot E1.0 AC

Lot D3.00 AC

Lot F2.1 AC

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Land Ownership & Leasing Opportunities6500 Southridge Avenue

Prince George BC

USA

Prince GeorgeEdmonton

Vancouver

Puerto Vallarta, Mexico

Terrace-Kitimat

SmithersFort St John

Fort Nelson

Victoria

Kamloops

Kelowna

Vernon

Calgary

82 rail hoursfrom Chicago

YXS passengers (2016)

Connected to domestic& international markets

12-40

462,007

hours closer to Asia than any other west coast ports

12-26 truck hours access to North American markets

17 rail hoursfrom Prince Rupert

Flight Times

Vancouver (YVR) 1 hr 20 mins

Kelowna (YLW) 1 hr 10 mins

Terrace-Kitimat (YXT) 1 hr 10 mins

Edmonton (YEG) 1 hr 15 mins

Prince George (YXS)

All communications and inquiries related to this opportunity, or requests for additional information or requests regarding procedures, must be made to the Form Retail Advisors Inc. agents named on the first page. No personnel of the Vendor or any of its affiliates should be contacted directly under any circumstance.

Disclaimer: None of the Vendor, its affiliates, Form Real Estate Advisors Inc. or any of their respective representatives makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document, and interested parties should conduct their own independent analysis of the information contained or referred to herein. Nothing contained in this document is, or should be relied on as, a promise or representation, whether as to the past or the future. The Vendor, its affiliates, Form Real Estate Advisors Inc. and their respective representatives are under no obligation to accept any offer made by any person or entity regarding this opportunity.

Form Real Estate Advisors1280-333 Seymour StreetVancouver, BC V6B 5A6

T 604 638 2121 F 604 638 2122