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<br /> <br /> <br /> <br />11O00 N. IH 35 <br />Austin, TX 78753-3195 <br />curt. voung@golfsmith.com <br />512-821-4036 direct <br />512-837-1019 fax <br /> <br />March 20, 2007 <br /> <br />Loren Hohman <br />Kimco Realty Corporation <br />1 0600 West Higgins <br />Suite 408 <br />Rosemont, IL 60018 <br /> <br />RE: Roseville Co-tenancy <br /> <br />Dear Loren; <br /> <br />Golfsmith understands that it is the Landlord's intention to add a Starbuck's to the tenant <br />mix at the center where Golfsmith is establishing a new store (at 1800 Hwy 36 W, in <br />Roseville, MN 55113). <br /> <br />Loren, I just wanted to drop you a quick note to express Golfsnlith's elation at this choice <br />of cotenants. I would expect Starbuck's focus on local clientele will divert a steady <br />stream of patrons from the existing traffic at our cross-roads to the center, which will <br />only enhance Golfsmith's visibility. The only drawback is that they are not a strong <br />regional draw, so they will not bring Golfsmith any customers from outside our <br />immediate traffic pattern. <br /> <br />Additionally, many of the guests who visit Golfsmith will be pleased that there is such a <br />high quality refreshment stop itnmediately adjacent to the Golfsmith facility. This should <br />be a very good symbiotic relationship that will help each merchant, and will drive tax <br />dollars into the Roseville treasury. Thanks for cOlnmitting to such a high-quality <br />national co-tenant. <br /> <br />Sincerely, <br /> <br /> <br />~' ~{J <br /> <br />Director of Real Estate, Legal & Risk Management <br /> <br />""~ <br /> <br />'~\ <br />