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FOR IMMEDIATE RELEASE

                         BURGERFI SIGNS RETAIL LEASE
                           AT VILLAGE AT LEESBURG
LEESBURG, Va. (June 7, 2012) – Village at Leesburg announced today that BurgerFi, an all-
natural and made-to-order hamburger restaurant, has signed a lease for retail space within the 1.2
million square foot mixed-use project at VA Route 7 and Crosstrail Blvd. BurgerFi will occupy
2,474 square feet of retail space in Suite 130 of the 1608 block of Village Market Boulevard.

Village at Leesburg was represented in the transaction by KLNB Retail.

BurgerFi is a chain of restaurants specializing in all-natural Angus beef hamburgers using fresh
and never frozen ingredients. To be certified as natural Angus, cattle are grass-fed, raised
naturally and humanely, delivering premium beef with unbeatable tenderness and flavor. Along
with tantalizing hamburgers, BurgerFi offers specialty hotdogs, fresh cut Idaho Premium Fries
cooked to order in 100% peanut oil and seasoned with a variety of toppings, craft beer and wine,
as well as the ultimate in frozen desserts made with premium custard.

“We’re incredibly excited to have BurgerFi join the Village at Leesburg community,” said
Michael Wheat, executive vice president and director of leasing for Cypress Equities. “BurgerFi
ideally complements the other restaurants and retailers in the center and their commitment to
quality, taste and community is unparalleled.”

Village at Leesburg is a vertically-integrated, four-story village which encompasses 57 acres and
features approximately 520,000 square feet of retail space, combined with 150,000 square feet of
office product and 335 luxury multi-family residences. A Cypress Equities company* is
developing the commercial components of the project and Kettler is developing the residential
component. The Carlyle Group is the lead equity partner in the development and KLNB Retail is
handling the leasing of the retail sections.

The center includes a roster of 39 retailers now open including Wegmans Food Markets, LA
Fitness, Altar’d State, AT&T, Charming Charlie, Coldwater Creek, Crystal Brite Cleaners,
Eggspectation, Faang Sushi & Thai Restaurant, Finnegan’s Sports Bar & Grill, Firebirds Wood
Fired Grill, Flame Kabob, Frilly Frocks, Hamilton’s Sofa & Leather Gallery, Hour Eyes, Katie’s
Nails & Spa, King Pinz, Leisure Fitness, Massage Envy, Neibauer Dental Care, Noodles &
Company, Plow & Hearth, Potomac River Running, Salon Montage, Sleepy’s, Sprint, Swim U,
The Dandelion Patch, Tiny Toes Dance Academy, Travinia Italian Kitchen, Verizon Wireless,
Pinkberry, Cobb Village 12 Cinemas and Wells Fargo Bank.

About BurgerFi
BurgerFi International, LLC is the fastest growing all-natural burger franchise in the country
today. As an innovator in the “better burger” movement, BurgerFi picks up where others have
left off, featuring a made-to-order menu of all-natural, farm-raised beef, specialty hot dogs,
fresh-cut french fries, desserts and craft beer & wine. Beyond just a delicious menu, BurgerFi
cares deeply about the environment, incorporating eco-friendly and sustainable practices into
each store’s construction, and using recycled furniture such as chairs made from recycled Coca-
Cola bottles. In just two short years, this Florida-based company has grown from two locations
to being poised to open 150 stores nationwide, adding more each month, in what is being
heralded as “The BurgerFication of the Nation”!

For more information about BurgerFi, please visit www.BurgerFi.com.

For Press/Media inquiries, please contact Zlata Faerman (zlata@csnmedia.com)

About Cypress Equities

Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco, New
York, Chicago and Fort Lauderdale and specialize in real estate asset, development, and fund
management. Today, Cypress Equities companies are developing and/or managing approximately 10
million square feet in projects throughout the U.S., consisting of community and power centers, as
well as vertically integrated mixed-use villages that incorporate retail, residential and offices. Visit
www.cypressequities.com for more information.

*The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent
operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of
the specific entity that incurs such obligation or supplies such service or product.

                                                       ###

For additional information:

Randa McMinn                       Zlata Faerman
Cypress Equities                   CSN Media, BurgerFi
214-561-6007                       561-622-4511

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BurgerFi Signs Retail Lease at Village at Leesburg

  • 1. FOR IMMEDIATE RELEASE BURGERFI SIGNS RETAIL LEASE AT VILLAGE AT LEESBURG LEESBURG, Va. (June 7, 2012) – Village at Leesburg announced today that BurgerFi, an all- natural and made-to-order hamburger restaurant, has signed a lease for retail space within the 1.2 million square foot mixed-use project at VA Route 7 and Crosstrail Blvd. BurgerFi will occupy 2,474 square feet of retail space in Suite 130 of the 1608 block of Village Market Boulevard. Village at Leesburg was represented in the transaction by KLNB Retail. BurgerFi is a chain of restaurants specializing in all-natural Angus beef hamburgers using fresh and never frozen ingredients. To be certified as natural Angus, cattle are grass-fed, raised naturally and humanely, delivering premium beef with unbeatable tenderness and flavor. Along with tantalizing hamburgers, BurgerFi offers specialty hotdogs, fresh cut Idaho Premium Fries cooked to order in 100% peanut oil and seasoned with a variety of toppings, craft beer and wine, as well as the ultimate in frozen desserts made with premium custard. “We’re incredibly excited to have BurgerFi join the Village at Leesburg community,” said Michael Wheat, executive vice president and director of leasing for Cypress Equities. “BurgerFi ideally complements the other restaurants and retailers in the center and their commitment to quality, taste and community is unparalleled.” Village at Leesburg is a vertically-integrated, four-story village which encompasses 57 acres and features approximately 520,000 square feet of retail space, combined with 150,000 square feet of office product and 335 luxury multi-family residences. A Cypress Equities company* is developing the commercial components of the project and Kettler is developing the residential component. The Carlyle Group is the lead equity partner in the development and KLNB Retail is handling the leasing of the retail sections. The center includes a roster of 39 retailers now open including Wegmans Food Markets, LA Fitness, Altar’d State, AT&T, Charming Charlie, Coldwater Creek, Crystal Brite Cleaners, Eggspectation, Faang Sushi & Thai Restaurant, Finnegan’s Sports Bar & Grill, Firebirds Wood Fired Grill, Flame Kabob, Frilly Frocks, Hamilton’s Sofa & Leather Gallery, Hour Eyes, Katie’s Nails & Spa, King Pinz, Leisure Fitness, Massage Envy, Neibauer Dental Care, Noodles & Company, Plow & Hearth, Potomac River Running, Salon Montage, Sleepy’s, Sprint, Swim U, The Dandelion Patch, Tiny Toes Dance Academy, Travinia Italian Kitchen, Verizon Wireless, Pinkberry, Cobb Village 12 Cinemas and Wells Fargo Bank. About BurgerFi BurgerFi International, LLC is the fastest growing all-natural burger franchise in the country today. As an innovator in the “better burger” movement, BurgerFi picks up where others have left off, featuring a made-to-order menu of all-natural, farm-raised beef, specialty hot dogs, fresh-cut french fries, desserts and craft beer & wine. Beyond just a delicious menu, BurgerFi
  • 2. cares deeply about the environment, incorporating eco-friendly and sustainable practices into each store’s construction, and using recycled furniture such as chairs made from recycled Coca- Cola bottles. In just two short years, this Florida-based company has grown from two locations to being poised to open 150 stores nationwide, adding more each month, in what is being heralded as “The BurgerFication of the Nation”! For more information about BurgerFi, please visit www.BurgerFi.com. For Press/Media inquiries, please contact Zlata Faerman (zlata@csnmedia.com) About Cypress Equities Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco, New York, Chicago and Fort Lauderdale and specialize in real estate asset, development, and fund management. Today, Cypress Equities companies are developing and/or managing approximately 10 million square feet in projects throughout the U.S., consisting of community and power centers, as well as vertically integrated mixed-use villages that incorporate retail, residential and offices. Visit www.cypressequities.com for more information. *The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of the specific entity that incurs such obligation or supplies such service or product. ### For additional information: Randa McMinn Zlata Faerman Cypress Equities CSN Media, BurgerFi 214-561-6007 561-622-4511