I don't say this enough. I couldn't be more proud of our team. Over the last 60 days, the team behind the @TenantExpReport put up some impressive numbers I have to share: - 15 new retailers added per day - 58 new decision-maker contacts added per day - 75+ updates to the board every single day - 87.13% of our contacts verified in the last 90 days In this business, a stale contact is a dead deal. When a broker, tenant rep, landlord, or developer opens TER, they reach the person actually making the decision, right now. The results in July are a product of the hard work - we had our largest subscriber signup in the past 24 months! So excited in what we're building.

45 brands hit the @TenantExpReport platform today. That's just one day. What that looked like: - 11 expanding retailers new to the board - 25 real estate or csuite contacts added - 6 store-count corrections, 6 status changes (from "Flat" to "Expanding") - 12 new state-level targets identified across 8 chains - 40 new comments added to retailers, each tied to the article behind it Three that stood out: - Spencer Spirit is buying Hot Topic — six concepts, 3,000+ stores, one counterparty - Culver's confirmed 50–55 openings a year for the next 3–5 years, with PA, NY and OK named as new markets - Ruby Tuesday's is down to 174 restaurants — 770+ closures since 2007 Same day, opposite directions. That's the Tenant Expansion Brief — our daily digest of everything moving on the board, now going to all subscribers in their inbox. Reply "DEMO" to get a link!

On any given day, we add 25 to 50 unique pieces of intelligence to the @TenantExpReport platform. We scrape articles, press releases and social media. We scour quarterly and annual reports. We track new store openings. We take updates straight from the retailers themselves. There is an unlimited amount of information pushed to the market every single day, and most of it never reaches the people who need it. Using language models, we identify that data and evaluate it for accuracy. But the models are only half of it. Our data team vets every intake, checks sources and confirms details before anything reaches the platform. No garbage in, no garbage out. What you see is verified intel, pushed in on a daily basis. Real time is coming next. That is what makes this data actionable for developers, landlords and brokers. A few examples: - A national retailer announces expansion into a new state. - A chain moves from selective growth to aggressive, signaling a real estate push. - A new real estate director takes over at a growing concept, so you know exactly who to call. Fresh intel at your fingertips. A game changer.

Spent part of yesterday on a lengthy call with a product development firm helping us take @TenantExpReport to the next level. And honestly – I am fired up! What we have built to this point has already changed how a lot of you approach tenant intelligence. What is coming next is going to be a whole different conversation. The roadmap is real, our team is locked in, and the pieces are falling into place faster than I expected. Giddy up!