do business with simon property group - lighthouse place … · simon premium outlets ......
TRANSCRIPT
LIGHTHOUSE PLACE PREMIUM OUTLETS®
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).
LIGHTHOUSE PLACE PREMIUM OUTLETS®
MICHIGAN CITY, IN
MAJOR METROPOLITAN AREAS
South Bend: 50 milesChicago, IL: 60 milesGrand Rapids, MI: 120 miles
RETAIL
GLA (sq. ft.) 455,000; 120 stores
OPENING DATES
Opened 1987Expanded 1988, 1991, 1994, 1995, 1997
RADIUS POPULATION
15 mile population: 133,885 30 mile population: 573,776 45 mile population: 4,080,430
AVERAGE HH INCOME
30 mile average: $63,974
SELECT TENANTS
adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, BCBGMAXAZRIA, Calvin Klein Company Store, Coach, DKNY Company Store, Eddie Bauer Outlet, Gap Factory Store, GUESS Factory Store, Gymboree Outlet, Hollister Co. Outlet, J.Crew Factory, Kenneth Cole Company Store, LOFT Outlet, Michael Kors Outlet, Movado Company Store, NikeFactoryStore, The North Face, Polo Ralph Lauren Factory Store, Puma, Tommy Hilfiger Company Store, Under Armour Factory House, Vera Bradley
TOURISM / MAJOR ATTRACTIONS
Local and nearby attractions include the Blue Chip Casino, Hotel & Spa; Lake Michigan beaches and marinas; the Indiana Dunes National Lakeshore; zoo and museums; orchards; antique shops; and more. Nearly seven million people reside within a 60-mile radius of the center. Over five million tourists visit the Michigan City area each year.
MARKET OVERVIEW
Lighthouse Place Premium Outlets is perfectly situated to capture the high volume of traffic flowing from Chicago en route to Lake Michigan resorts. The center is a popular destination for day trips from Chicago, Grand Rapids, and South Bend.
LOCATION / DIRECTIONS
Intersection of 6th & Wabash Streets, Michigan City, Indiana
— From Chicago: Take I-94 to Exit 34B
— From Michigan: Take I-94 to Exit 40B
— From South Bend: Take I-80/90 to Exit 39
294
90
94
65
9080
Illin
ois
Indi
ana
Chicago
94
Michigan Blvd.6th Street
Fran
klen
St.
Wab
ash
Michigan City
MichiganMichiganIndianaIndiana
421
LAKE MICHIGAN
94
9080
12
35
20
421
L A K E M I C H I G A N
LIGHTHOUSE PLACE PREMIUM OUTLETSMICHIGAN CITY, IN
W. 8
th S
T.
WABASH ST.
LIGHTHOUSE PREMIUM OUTLETS
NORTH W. 6
th S
T.
W. 4th ST.
SITE AND PLAN
W.
8T
H S
TR
EET
WABASH STREET
Northlake
ong Grove Northbrook
Woodridge
Crete
Willow Springs
Irwin
Palos Park
Matteson
Elmhurst
merton
Oak Brook
University Park
urg
Bensenville
Papineau
Indian Creek
Mtit
ok
Merrionette Park
Phoenix
Golf
Hometown
Chebanse
e
Orland Park
Sun River Terrace
eights
Kenilworth
Knollwood
Highwood
Lemont
East Hazel Crest
St Anne
Harwood Heights
Clifton
Third Lake
Heights
HinsdaleIndian Head Park
Park Forest
ark
Orland HillsPosen
Forest View
Park City
rmont
North Riverside
Momence
Broadview
Rosemont
Norridge
er
Clarendon Hills
Sammons Point
sville
Peotone
Ford Heights
Elmwood Park
Burnham
Stickney
Aroma Park
ke Park
Limestone
Summit
River Grove
Lincolnwood
Hodgkins
Olympia Fields
Beecher
Glenwood
Evergreen Park
Willowbrook
Grant Park
Hopkins Park
Riverdale
Winnetka
Riverwoods
Burbank
Prospect Heights
Monee
ildeer
illa Park
ndenhurst
Winthrop Harbor
Wood Dale
Manteno
asca
Morton GroveWilmette
Mettawa
Heights
ng Meadows
Oak Forest
anhattan
s
Ellyn
Lansing
e
Beach Park
Bradley
Calumet City
North Chicago
Oak Lawn
Antioch
bertyville
Bourbonnais
Wadsworth
Elk Grove Village
Lockport
Gurnee
e
Kankakee
Frankfort
New Lenox
Lake Forest
lle
Chicago
Burket
Indian Village
Sidney
Macy
San Pierre
Mount Ayr
Monterey
Fulton
Claypool
Koontz Lake
Leesburg
Francesville
Nappanee
Michiana Shores
La Paz
Salt Creek Commons
Akron
Medaryville
Etna Green
La Crosse
Kewanna
MilleKingsbury Lakeville
Silver Lake
Mentone
New Chicago
SchneiderCulver
Kingsford Heights
Hamlet
Hanna
Bourbon
North Liberty
Star City
Rolling Prairie
ArgosNorth Judson
Morocco
Milford
Kouts
Laketon
Michigan City
South Haven
Aberdeen
Shelby
New Paris
Lakes of the Four SeasonsWanatah
Osceola
Winamac
Lake Dalecarlia
Ogden Dunes
Fish Lake
Hebron
Roselawn
Walkerton
New Carlisle
Syracuse
Wakarusa
Hudson Lake
Bremen
Westville
Whiting
Winona Lake
North Manchest
De Motte
Bristol
Middlebury
Rensselaer
Knox
Lake Village
Simonton Lake
Dunlap
Lowell
Rochester
Beverly Shores
Dyer
Porter
Plymouth
Chesterton
Cedar Lake
Bass Lake
St John
La Porte
Warsaw
Valparaiso
East Chicago
Goshen
Mishawaka
Crown Point
Elkhart
Granger
Hobart
Portage
Merrillville
South Bend
Gary
Galien
Shoreham
Marcellus
Niles
Breedsville
Baroda
Eau Claire
Coloma
Three Oaks
Vandalia
Berrien Springs
Gobles
Stevensville
Edwardsburg
Bloomingdale
Watervliet
New Troy
Hartford
Decatur
C
Lawrence
Bangor
Otsego
Cassopolis
Lawton
Buchanan
Paw Paw
Benton Heights
MattawaLake Michigan Beach
Fair Plain
Dowagiac
St Joseph
13
2
34
5
6
7
8
10
12
9
1114
9
34
613
712
10
5
2
1114
8
1
15 MILES
30 MILES
45 MILES
SURROUNDING AREA CENTERS
1 Lighthouse Place Premium Outlets®2 Clybourn Galleria3 Concord Mall4 Erskine Village5 Ford City Mall6 Heritage Square7 Lincoln Mall8 Marquette Mall9 The Orchards Mall10 River Oaks Center11 The Shops at North Bridge12 Southlake Mall13 University Park Mall14 Water Tower Place
Simon CentersCompetition
SURROUNDING AREA CENTERS
OTHER RETAIL
SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME
Marquette Mall Michigan City, IN 515,000 sf Carson’s, Sears 3 miles / 10 minutes
Village Shopping CenterGary, IN 450,000 sf JCPenney 24 miles / 35 minutes
Southlake Mall Merrillville, IN 1,121,000 sf Carson’s, JCPenney, Macy’s, Sears 30 miles / 45 minutes
The Orchards Mall Benton Harbor, MI 625,000 sf Carson’s, JCPenney 35 miles / 50 minutes
River Oaks Center Calumet City, IL 1,193,000 sf Macy’s, JCPenney 35 miles / 50 minutes
University Park Mall Mischawaka, IN 921,000 sf Macy’s, JCPenney, Sears 38 miles / 50 minutes
Concord Mall Elkhart, IN 600,000 sf Carson’s, JCPenney 45 miles / 1 hour
Chicago Ridge Mall Chicago Ridge, IL 854,000 sf Carson’s, Sears 47 miles / 1 hour
Orland Square Orland Park, IL 1,232,000 sf Carson’s, Macy’s, JCPenney, Sears 50 miles / 1 hour 10 minutes
OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME
Chicago Premium Outlets® Phase 2 Opening August 2015 Aurora, IL
437,000 sf 250,000 sf
Saks Fifth Avenue OFF 5TH 95 miles / 2 hours
60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.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).