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ELIZABETH (METRO NEW YORK), NEW JERSEY

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Page 1: )0->%&)8, 1)8632);=36/ 2);.)67)= - Simon Property Group · erhxsyvmwxwjvsq2i[=svo'mx]owqixvstspmxerevie q)pm^efixl[ewxlijmvwxgetmxepsj2i[.ivwi] -xw tvsyhlmwxsv]gerfiwiirmrryqivsywqiqsvmepw

ELIZABETH (METRO NEW YORK), NEW JERSEY

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A FASHIONCAPITAL

In Elizabeth, New Jersey, The Mills at Jersey Gardensattracts shoppers from the local area, as well as residentsand tourists from New York City’s metropolitan area.

®

Elizabeth was the first capital of New Jersey. Itsproud history can be seen in numerous memorials,historic sites, and statues around the city.

Located in one of the most populated areas in thenation, The Mills at Jersey Gardens serves a tradearea of more than 2.9 million shoppers.

Top employers in nearby Newark include the NewarkLiberty International Airport, Verizon Wireless,Prudential, PSE&G, and Horizon Blue Cross BlueShield.

Within 15 miles of the property are seven collegeswith approximately 148,000 full- and part-timestudents.

Clothing and footwear are tax-free commodities inNew Jersey.

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INTERNATIONALACCLAIM

Being neighbors with Newark Liberty InternationalAirport has major benefits.

— Annually, over 30 million shoppers from over 150countries shop and dine at The Mills at JerseyGardens

— On average, shoppers spend an astounding sevenhours on property

— EWR flies over 40 million passengers annually

— Direct flights from China and Europe arrive multipletimes daily

— The center is a tourist and shopping destination forpassengers traveling to/leaving from the airport, aswell as passengers with multi-hour layovers

— Direct airport shuttle provides access to the center inless than 10 minutes

30MCustomers from over

150 countries shop and dine at The Mills at Jersey Gardens annually.

5+China, Brazil, Argentina, Israel,

and the United Kingdom are in thetop 10 countries of origin for

international shoppers

70%Of tourists to The Mills at JerseyGardens are international visitors

70KPassengers arrive monthlyfrom Midtown Manhattan

Port Authority transit

12MInternational

passengers arrive annually into Newark International Airport

30Airport shuttle arrives

every 30 minutes

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ALL TAX FREEALL THE TIME

A shopper’s paradise, The Mills at Jersey Gardens featuresover 200 stores and restaurants with an added bonus—allsales on clothing and shoes are tax free, all the time. Thetax-free incentive not only draws international shoppers,but also wealthy shoppers from neighboring New York. Thecenter is just 14 miles from the number one most populouscity in the US, providing an unparalleled and affluentcustomer base with easy access to the center by car, ride-hailing apps, and through major public transportation hubs.

20MNYC metro area is hometo more than 20 million people

$200KOver one million of its residents earn anincome of $200K or more

38Median age of a New Yorker

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THE PLACETO BE

New Jersey’s affluent bedroom communities haveexperienced spectacular growth as New Yorkers move in,put down roots, and grow their families. As a uniqueshopping experience with outdoor dining and family-friendly entertainment experiences,The Mills at JerseyGardens is perfectly positioned to be the upscale retaildestination of these communities.

— Two of the top 20 wealthiest US counties are withinThe Mills at Jersey Gardens’ trade area—Somersetand Morris counties

— The Mills at Jersey Gardens is within five miles of EssexCounty, Union County, Hudson County, and MiddlesexCounty in New Jersey and Richmond County (StatenIsland) in New York; together, they have a populationof 3.3 million people within a short drive of this center

— Home to neighboring universities: St. Peter’s, Rutgers,Seton Hall, and Princeton

— Numerous nationally recognized cultural centers arewithin the trade area including NJPAC, PapermillPlayhouse, South Orange Performing Center, andBergen Performing Arts Center, to name a few

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WHERE STYLEMEETS VALUE

The Mills at Jersey Gardens features popularbrands at stunning values along with dining andentertainment options.

As New Jersey’s largest value outletdestination, the mall has 200 stores all underone roof.

Shoppers can choose among popular eateriesand relax in the 1,200-seat Food Emporium.

The mall offers modern amenities, includingvalet parking and Wi-Fi.

Visitors enjoy the 20-screen AMC Theatrewith IMAX.

With five hotels on the property, nearly 1,000rooms are adjacent to the center.

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Anchored by Nine Major Retailers Saks Fifth Avenue OFF 5TH, Neiman Marcus Last Call,

Century 21, Burlington, Cohoes, Marshalls, Forever 21, BedBath & Beyond, VF Outlet

Square FootageThe Mills at Jersey Gardens spans 1,303,000 square feet.

Two LevelsBoasting more than 200 stores.

Restaurants16 quick-service eateries. Three sit-down restaurants.

BY THENUMBERS

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Many fine brands have chosen The Mills at JerseyGardens as their preferred location in Elizabeth, NewJersey, and the greater New York City area.

IN GOODCOMPANY

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POSITIONEDTO SUCCEED

Information as of 5/1/19. Source: SPG Research; trade area demographic information per STI: PopStats (2018).

The Mills at Jersey Gardens is irreplaceable real estatelocated in the New York City metropolitan area.

The area is served by eight railway lines and manybusy highways.

Newark Liberty International Airport is minutesaway.

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DESTINATIONSHOPPING

The Mills at Jersey Gardens is a top destination forboth international and domestic tourists.

Tourists are 60% of the mall’s customer base.‐Shoppers come from all around the world andall 50 states.

The center offers daily transportation from boththe Port Authority Bus Terminal and NewarkLiberty International Airport.

From New York City, the mall is an easy day trip,only 30 minutes by train.

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UNIQUEOPPORTUNITY

The Mills at Jersey Gardens presents aunique opportunity for your brand.

Please contact the following leasingprofessional for more information.

Stacey Lewis

(609) 365-8292 [email protected]

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5425 Wisconsin Avenue, Suite 300 Chevy Chase, MD 20815 (301) 968-6000 simon.com

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).