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Page 1: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10
Page 2: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

Whiteland Town Center is a 359,673 SF community shopping center located within one of the most affluent submarkets and counties in the Philadelphia MSA, Exton - Chester County.

Ӿ Strategically located at the intersection of Route 100 and Route 30, carrying over 61,000 cars per day.

Ӿ Shadow-Anchored by Hobby Lobby and one of the best performing Kohl’s in the region ($21M in sales).

Ӿ Newly constructed CVS scheduled to open this fall, sharing a traffic signal with a new 55,000 SF Whole Foods Market delivered recently as a pad to the 1.1 Million SF Exton Square Mall.

Ӿ New facade enhancements, pylon signs, landscaping and placemaking planned for 2018.

Page 3: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

WHITELAND TOWN CENTER

PHILADELPHIA

KING OF PRUSSIA

WEST CHESTER

REGIONAL OVERVIEWWhiteland Town Center is located in Exton, one of the most affluent submarkets in the entire Philadelphia MSA. With Average household incomes exceeding $120,000, Chester County is the most affluent county in Pennsylvania and ranks 24th nationally. Chester County is easily accessible from the PA turnpike and other major thoroughfares, and is home to 8.5% of the Philadelphia MSA population and encompasses more than 760 square miles.

Exton lies in Philadelphia’s western suburbs and is home to large retail and office inventories situated along Route 30 and Route 202, the region’s “high-tech corridor.” Route 100 runs north to south through Exton, expanding the market into strong residential pockets such as Lionville and Chester Springs to the North and West Chester to the South. With the next closest regional retail submarket located 17 miles North in King of Prussia, the Exton trade area provides approximately 3 million square feet of retail space to support the dense employment hubs of Chester County.

17 MILES

32 MILES

5 MILES

Page 4: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

EXTON, PAExton is a suburban community in the heart of Chester County. New township plans, a strong transportation mix and increasing redevelopment around the Exton crossroads of Route 30 and Route 100 have led to important township and community projects underway and on the horizon.

More than 1,200 housing units are currently under construction, or slated for construction within the next 6 months, more than any other township in Chester County by a long shot. Exton is both a rapidly growing residential community and one of the largest office markets in the region with a daytime population of over 28,000.

At a time when online and mobile retailing threatens traditionsal store chains, West Whiteland Township is staying ahead of the curve by encouraging smart development and investing in community projects citing a strong tax base that is expected to grow signinficantly.

Page 5: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

KEVA FLATS240 Units

HANOVER300 Units

RO

UTE

100

ROUTE 30

ROUTE 30

RO

UTE

100

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28 29303132 33 34

35363738

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SITE PLAN Ӿ Whiteland Towne Center is shadow-anchored by Hobby Lobby

and one of the best performing Kohl’s in the region ($21 million in sales).

Ӿ Newly constructed CVS scheduled to open this Fall, sharing a traffic signal with a new 55,000 SF Whole Foods Market opening this Winter.

Ӿ New restaurants, retail and fitness coming soon!

# TENANT

1 Kohl’s2 Kohl’s - Storage3 Hollywood Tans4 Famous Footwear5 Vacant (Suite 5)6 Sterling Optical7 Sally Beauty8 Hand & Stone9 Party City10 Big Lots Stores, Inc.11 Vacant (Suite 11)12 Vacant (Suite 12)13 Vacant (Suite 13)14 Definetly Dance15 Impact Chiropractic16 Plato’s Closet17 Style Encore18 Style - Storage19 Rally House20 Quest Diagnostics21 Music & Arts Center22 Payless23 Gabe’s25 Pizza Hut26 Vacant (Suite 26)27 Wharwick Jeweler’s28 Zwei Restaurant29 Vacant (Suite 29)30 Kreative Nail Salon31 Towne Cleaners32 Vacant (Suite 32)33 Devi Indian Restaurant34 Skinny Pizza35 Vacant (Suite 35)36 Giorgio’s Pizza37 Vacant (Suite 37)38 Jack’s Camera39 Gamestop40 Sprinkler Room41 Pure Hockey42 Petco43 Careers USA44 Entenmann’s Outlet45 Hair Cuttery46 Pop in Kids47 Hobby LobbyPAD CVS

SF

80,6302,5202,3109,1245,8702,2002,0002,473

15,00026,954

5,200 2,4482,0601,6132,1646,6203,5003,7767,8001,5003,5002,800

28,5601,9802,1122,1124,1861,3871,1251,1251,5002,2501,6501,6371,0001,0001,2871,200

748,634

15,2351,7252,5801,7253,496

60,95712,900

Page 6: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

DEVELOPMENT PLAN

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2

3

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Whiteland Towne Center will undergo a $3-5 million capital improvement plan that will include exterior facade enhancements, more contemporary LED light fixtures, raised parapets for signage, new larger pylon signs enhanced with digital readers, place making areas with better hardscaping, and a tree replacement plan that will open up new sight lines to the center and tenant storefronts.

Page 7: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

FUTURE RESTAURANT COMING SOON

Page 8: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

FUTURE RESTAURANT COMING SOON

Page 9: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

Gabe’s will be filling an empty 28,000 SF space in the center. Opening Spring 2018.

Page 10: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

Skinny Pizza is scheduled to open Spring 2018.

Page 11: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

ROUTE 100

ROUTE 100

ROUTE 30B

ROUTE 30B

ROUTE 30

ROUTE 202

WHITELANDTOWN CENTER

WATERLOO GARDENS86 Single Family Homes

KEVA FLATS240 Units

HANOVER300 Units

THE RESERVEAT MAIN STREET

410 Units

THE RESERVEAT GLEN LOCH

86 Carriage Homes

PARKVIEWAPARTMENTS

291 Units

The addition of 1,200 new apartments and many more townhouse and carriage house developments to the Exton area will certainly result in the need for more services to support this growing population.

RESIDENTIALDEVELOPMENTS

Page 12: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

*Refer to map on previous page*

410 units planned for Main Street

291 units planned for Parkview at Exton

240 units planned for Keva Flats

300 units planned for Hanover Apartments

108 carriage homes at the Reserve at Glen Loch

86 homes planned for Waterloo Gardens

RESIDENTIALDEVELOPMENTS

Page 13: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

WHITELANDTOWN CENTER

EXTONSQUARE

MAIN STREETAT EXTON

FUTUREKEVA FLATS240 Units

FUTURERESERVE ATMAINSTREET

240 Units

POTTSTOWN PIKE (45,0

39 VPD)

LINCOLN HIGHWAY (16,309 VPD)

EXTON BYPASS (40,490 VPD)

ON/OFF RAMP EXTON/WEST CHESTER EXITS

Whiteland Towne Center boasts average household incomes of over $123,000 within a five mile radius, and over 70% of the residents within a three mile radius have a college degree. This makes Whiteland Towne Center an ideal location for tenants forcused on education and income demographics. This is further evidenced by Whole Foods Markets choosing to house a new flagship 55,000 square foot grocery store in Exton that shares the signaled intersection with Whiteland Towne Center along with CVS Pharmacy. These provide attractive anchors in the redevelopment of Whiteland Towne Center.

Page 14: KING OF - Abrams Realty & Development€¦ · 8/12/2017  · 3 Hollywood Tans 4 Famous Footwear 5 Vacant (Suite 5) 6 Sterling Optical 7 Sally Beauty 8 Hand & Stone 9 Party City 10

FOR LEASING INFORMATION PLEASE CONTACT:

Matt Gorman 215 - 287 - 3838

Jason Abrams 267 - 567 - 5006

The information contained herein has been obtained from sources deemed reliable. We cannot verify it and make no gaurantee, warranty or representation about its accuracy. Any projections,

assumptions or estimates provided herein are for discussion purposes only and do not represent the current or future performance of a property, location, or market.