6-72 SHOPPING CENTER DEVELOPMENT—DETROIT URBAN AREA

<table><thead><tr><th>CENTER</th><th>YEAR OPENED</th><th>BUILDING AREA (SQ. FT.)</th><th>ANCHOR TENANTS WHEN OPENED</th><th>LOCATION</th><th>CHANGES</th></tr></thead><tbody><tr><td colspan="6"><strong>FIRST GENERATION</strong></td></tr><tr><td>Northland</td><td>1954</td><td>1,725,000</td><td>1</td><td>Southfield</td><td>Enclosure<br>Second department store</td></tr><tr><td>Southland</td><td>1970</td><td>547,000</td><td>1</td><td>Taylor</td><td>Enclosure<br>Second department store</td></tr><tr><td>Eastland</td><td>1957</td><td>1,330,000</td><td>2</td><td>Harper Woods</td><td>Enclosure</td></tr><tr><td>Westland</td><td>1965</td><td>642,000</td><td>1</td><td>Wayne</td><td>Enclosure<br>Second department store</td></tr><tr><td colspan="6"><strong>SECOND GENERATION</strong></td></tr><tr><td>Livonia Mall</td><td>1964</td><td>770,000</td><td>2</td><td>Livonia</td><td>None</td></tr><tr><td>Oakland Mall</td><td>1968</td><td>1,100,000</td><td>2</td><td>Troy</td><td>None</td></tr><tr><td>Macomb Mall Center</td><td>1964</td><td>750,000</td><td>2</td><td>Roseville</td><td>None</td></tr><tr><td colspan="6"><strong>THIRD GENERATION</strong></td></tr><tr><td>Fairlane Town Center</td><td>1976</td><td>1,496,000</td><td>3</td><td>Dearborn</td><td>Additional department store under construction</td></tr><tr><td>Lakeside</td><td>1976</td><td>1,558,000</td><td>4</td><td>Sterling Heights</td><td>Additional department store under construction</td></tr><tr><td>Twelve Oaks</td><td>1977</td><td>1,020,000</td><td>2</td><td>Novi</td><td>Under construction in 1977</td></tr></tbody></table>

Source: Shopping Center Directory, 17th edition (National Research Bureau, Inc.).

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<table><thead><tr><th>CENTER</th><th>YEAR OPENED</th><th>BUILDING AREA (SQ. FT.)</th><th>ANCHOR TENANTS WHEN OPENED</th><th>LOCATION</th><th>CHANGES</th></tr></thead><tbody><tr><td colspan="6"><strong>FIRST GENERATION</strong></td></tr><tr><td>Northland</td><td>1954</td><td>1,725,000</td><td>1</td><td>Southfield</td><td>Enclosure</td></tr><tr><td>Southland</td><td>1970</td><td>547,000</td><td>1</td><td>Taylor</td><td>Second department store</td></tr><tr><td>Eastland</td><td>1957</td><td>1,330,000</td><td>2</td><td>Harper Woods</td><td>Enclosure</td></tr><tr><td>Westland</td><td>1965</td><td>642,000</td><td>1</td><td>Wayne</td><td>Second department store</td></tr><tr><td colspan="6"><strong>SECOND GENERATION</strong></td></tr><tr><td>Livonia Mall</td><td>1964</td><td>770,000</td><td>2</td><td>Livonia</td><td>None</td></tr><tr><td>Oakland Mall</td><td>1968</td><td>1,100,000</td><td>2</td><td>Troy</td><td>None</td></tr><tr><td>Macomb Mall Center</td><td>1964</td><td>750,000</td><td>2</td><td>Roseville</td><td>None</td></tr><tr><td colspan="6"><strong>THIRD GENERATION</strong></td></tr><tr><td>Fairlane Town Center</td><td>1976</td><td>1,496,000</td><td>3</td><td>Dearborn</td><td>Additional department store under construction</td></tr><tr><td>Lakeside</td><td>1976</td><td>1,558,000</td><td>4</td><td>Sterling Heights</td><td>Additional department store under construction</td></tr><tr><td>Twelve Oaks</td><td>1977</td><td>1,020,000</td><td>2</td><td>Novi</td><td>Under construction in 1977</td></tr></tbody></table>