clinton crossing premium outlets - simon
TRANSCRIPT
More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets.
From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be.
We deliver:
SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®
QUALITY Iconic, irreplaceable properties in great locations
INVESTMENTActive portfolio management increases productivity and returns
GROWTH Core business and strategic acquisitions drive performance
EXPERIENCE Decades of expertise in development, ownership, and management
That’s the advantage of leasing with Simon.
THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER
More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets.
From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be.
We deliver:
SCALELargest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®
QUALITY Iconic, irreplaceable properties in great locations
INVESTMENTActive portfolio management increases productivity and returns
GROWTH Core business and strategic acquisitions drive performance
EXPERIENCE Decades of expertise in development, ownership, and management
That’s the advantage of leasing with Simon.
THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER
PROPERTY OVERVIEW
Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).
CLINTON CROSSING PREMIUM OUTLETS®
CLINTON, CT
MAJOR METROPOLITAN AREAS
New Haven: 20 miles west Hartford: 34 miles north
RETAIL
GLA (sq. ft.) 276,900; 70 stores
OPENING DATE
Opened 1996
PARKING RATIO
6.1:1
RADIUS POPULATION
15 mile population: 149,740 30 mile population: 1,412,815 45 mile population: 3,525,197
AVERAGE HH INCOME
30 mile average: $88,395
SELECT TENANTS
Saks Fifth Avenue OFF 5TH, Ann Taylor Factory Store, Banana Republic Factory Store, BCBGMAXAZRIA, Brooks Brothers Factory Store, Calvin Klein Company Store, Coach Factory Store, Cole Haan Outlet, DKNY Company Store, Dooney & Bourke, Elie Tahari Outlet, Gap Factory Store, J.Crew Factory, kate spade new york outlet, Kenneth Cole Company Store, Levi’s Outlet Store, Michael Kors Outlet, Movado Company Store, Nautica, NikeFactoryStore, Polo Ralph Lauren Factory Store, Talbots Outlet, Tommy Hilfiger Company Store
TOURISM / TRAFFIC
Drive-by visibility for thousands of commuters and vacationers who travel I-95 from New York to New England. Average daily traffic count at the site is 125,000.
The Connecticut shoreline offers more than 96 miles of coastline with beautiful beaches on Long Island Sound. The area plays host to Hammonassett Beach State Park, the historic Mystic Village and Seaport, the world famous Mohegan Sun Casino and Foxwoods Resort & Casino,Yale University, Connecticut Convention Center, and the newly opened Connecticut Science Center. The center is only two miles from Chamard Vineyards, an award-winning Estate Reserve winery and bistro on Connecticut’s Wine Trail. Outdoor activities include: fishing, boating, beach-going, hiking, camping, antiquing, bicycling, golfing and more.
LOCATION / DIRECTIONS
I-95 (Exit 63) along the Connecticut shoreline 20 miles north of New Haven and within one hour of Fairfield County.
— Connecticut Turnpike I-95 to Exit 63, Clinton
New Haven
New York City
Hartford
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Long Island Sound
CLINTON CROSSING PREMIUM OUTLETSCLINTON, CT
Newington
Old Mystic
Oxoboxo River
East Haven
Wilton CenterCannondale
Groton Long Point
PemberwickGlenville
Jewett City
Byram
Norfolk
Wauregan
Southport
Woodmont
Bantam
Thomaston
BrooklynBlue Hills Danielson
TerramuggusBaltic
Falls Village
Canaan
Rockville
Canton Valley
East Brooklyn
Heritage Village
Waterford
Woodbury Center
Watertown
Chester Center
Madison Center
Somers
Branford Center
Cos Cob
Noank
North Grosvenor Dale
Newtown
Thompsonville
Moosup
Mashantucket
East Hampton
Clinton
Deep River Center
Terryville
Old Saybrook Center
Georgetown
Moodus
Sharon
Salmon Brook
Weatogue
South Windham
Sherwood Manor
Riverside
South Coventry
Oakville
Putnam
Hazardville
Cheshire Village
New Hartford Center
New Milford
Old Greenwich
Pawcatuck
Coventry Lake
Niantic
Collinsville
Lakeville
Mystic
Lake Pocotopaug
Bethel
Southwood Acres
West Simsbury
Colchester
Simsbury Center
Willimantic
Quinebaug
Essex Village
Glastonbury Center
Winsted
Higganum
Kensington
South Woodstock
Derby
Park
Storrs
Broad Brook
Portland
Durham
Ansonia
Manchester
Wallingford Center
New Preston
Crystal Lake
Bethlehem Village
North Granby
Northwest Harwinton
Windsor Locks
West Haven
New Britain
Naugatuck
Orange
HartfordEast Hartford
BridgeportStratford
New Haven
North Haven
West Hartford
Darien
Trumbull
Meriden
Milford city (balance)
Bristol
WaterburyNorwich
Shelton
Westport
Norwalk
Torrington
Middletown
Danbury
Stamford
Watch Hill
Harrisville
Wyoming
Weekapaug
Centr
Quonochontaug
Kingston
Clayville
Bradford
Foster Center
Ashaway
Carolina
Harmony
Cumberland Hi
Hope Valley
Valley
Narragansett Pie
Pascoag
ChepachetGreenville
Greene
Woonsocket
Paw
Westerly
EasProviden
Cranston
Warwick
WebsterHollandEast Douglas
Bellingham
LongmeadowSouthbridge TownAgawam Town
Franklin
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15 MILES
30 MILES
45 MILES
SURROUNDING AREA CENTERS
1 Clinton Crossing Premium Outlets®2 Blue Back Square3 Brass Mill Center4 Crystal Mall5 Danbury Fair Mall6 Milford Marketplace7 The Promenade Shops
at Evergreen Walk8 The Shoppes at Buckland Hills9 The Shoppes at Farmington Valley10 The Shops at Somerset Square11 Westfarms12 Westfield Connecticut Post13 Westfield Meriden14 Westfield Trumbull
Simon CentersCompetition
SURROUNDING AREA CENTERS
OTHER RETAIL
SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME
Crystal Mall Waterford, CT 783,000 sf Macy’s, JCPenney, Sears,
Bed, Bath & Beyond 25 miles / 35 minutes
Westfield Connecticut Post Milford, CT 1,336,000 sf JCPenney, Macy’s, Sears, Target, Dick’s
Sporting Goods 30 miles / 40 minutes
Westfield Meriden Meriden, CT 892,000 sf JCPenney, Macy’s, Sears, Best Buy, Dick’s
Sporting Goods 35 miles / 45 minutes
Brass Mill Center Waterbury, CT 975,000 sf JCPenney, Macy’s, Sears, Burlington 37 miles / 50 minutes
The Shoppes at Buckland Hills Manchester, CT 1,019,000 sf JCPenney, Macy’s, Sears, Dick’s Sporting
Goods 40 miles / 50 minutes
Westfield Trumbull Trumbull, CT 1,125,000 sf Lord & Taylor, Macy’s, Target 45 miles / 50 minutes
Westfarms Mall Farmington, CT 1,300,000 sf JCPenney, Lord & Taylor, Macy’s,
Nordstrom 45 miles / 1 hour
The Promenade Shops at Evergreen Walk South Windsor, CT 375,000 sf L.L.Bean, Old Navy, J.Crew 47 miles / 50 minutes
Danbury Fair Mall Danbury, CT 1,272,000 sf JCPenney, Lord & Taylor, Macy’s, Sears,
Dick’s Sporting Goods, XXI Forever 57 miles / 1 hour 20 minutes
Stamford Town Center Stamford, CT 875,000 sf Macy’s 61 miles / 1 hour 15 minutes
OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME
Tanger Outlet Center Westbrook, CT 256,000 sf 7 miles / 7 minutes
Lee Premium Outlets® Lee, MA 225,000 sf 105 miles / 2 hours