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Louis Joliet Mall Joliet (Chicago), Illinois Louis Joliet Mall May Be the Best-Connected

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Louis Joliet Mall Joliet (Chicago), Illinois Louis Joliet Mall May Be the Best-Connected Louis Joliet Mall Louis Joliet Mall Joliet (Chicago), Illinois Louis Joliet Mall may be the best-connected center in the United States, both physically and DOWNERS GROVE, IL AURORA, IL virtually. Located close to one of the country’s NAPERVILLE, IL national transportation hubs, it benefits from ORLAND PARK, IL and expands on Joliet’s explosive growth. JOLIET, IL But the center also interacts with its shoppers in an innovative way, as home to the first “digital 10 MILES tree” in the country. This cutting-edge technology brings social media to the mall and gives our three-county trade area more ways to connect. It’s just another way Louis Joliet Mall is at the center of everything. Louis Joliet Mall Joliet (Chicago), Illinois • Enclosed single-level regional mall • 40 miles southwest of Chicago, with easy access via METRA Rail and freeways • Draws from three-county region • Only enclosed center in 14-mile radius Property Description major roads I-55 and Highway 30 center description Enclosed, one-level center anchors Macy’s, JCPenney, Sears, Carson’s, and a Cinemark total sf 980,000 14-screen theater # of stores 95 key tenants H&M, Pink, Victoria’s Secret, Buckle, Pandora, MC Sports, Francesca’s, Charlotte Russe, Maurices, # of parking 4,600 Rue 21, American Eagle Outfitters, Bath & Body Works, Panera Bread, and Fridays THE CENTER THE MARKET STARWOOD Louis Joliet Mall “A nationally recognized school system, exceptional health care facilities, high quality and affordable housing, and a rich cultural and artistic community” — Joliet Chamber of Commerce THE CENTER THE MARKET STARWOOD Louis Joliet Mall • Strong specialty store mix including the most in-demand tenants • Children’s play space draws families • Unique “digital” ficus tree brings cyberspace to our space • Multiple dining options at 400-plus seat food court featuring cuisine from around the globe A Community Core For All Located at high-trafficked corridor Center-court interactive “DigiTree,” a of Interstate 55 (75,200 vehicles daily), ficus tree adorned with more than 100 and Route 30 (34,400 cars daily) LCD panels and LED pendants, displays shopper selfies, community news, and Located in regional retail hub which mall events, creating a new focal point includes big box stores and open-air for the center. centers Newly-opened retailers and restaurants include Francesca’s and ConEcepts THE CENTER THE MARKET STARWOOD Louis Joliet Mall “For a great time, rain or shine, stop by Louis Joliet Mall to grab a bite, catch a movie, and treat yourself to a first-class shopping experience.” — City of Joliet • Fourth largest city in Illinois • Major Midwest transportation hub • Joliet ranked #3 in total retail sales of Chicagoland suburbs in 2015 (2016 Melaniphy Chicagoland Retail Sales Report) • Strong education and growing tourism market Shipping Giant Seat of Will County, among the Employment dominated by fastest-growing in the US medical facilities, transportation, logistics, and hospitality Largest inland container port in North America Tourism center including The Chicagoland Speedway, minor Des Plaines River Valley Enterprise league baseball, and casinos zone offers abatements and incentives to business Home to multiple colleges and universities THE CENTER THE MARKET STARWOOD Louis Joliet Mall • Population in Primary Trade Area rose Primary Trade Area 50% since 2000 Average Household Expenditures $2,748 on food away from • Nearly 1 in 2 households have children home, 16% above US $717 on home furnishings, under 18 12% above US $968 on sports and • 1 in 3 households earn $100,000+ recreation, 19% above US $1,071 on personal care products and services, 16% • Spending well above US average above US $2,180 on apparel, 19% above US THE CENTER THE MARKET STARWOOD Louis Joliet Mall Chicago Premium Outlets CHICAGO AURORA AURORA Fox Valley Mall MIDWAY MUNICIPAL I-55 AIRPORT Distance to Competition AIRPORT 30 Promenade Bolingbrook Chicago Premium Outlets 34,400 AADT Driving – 19 mi, 39 min Fox Valley Mall BOLINGBROOK Driving – 14 mi, 28 min ORLAND PARK Orland Square Driving – 19 mi, 38 min Orland Square Promenade Bolingbrook Driving – 15 mi, 17 min Louis Joliet Mall Caton Farm Road JOLIET 16,300 AADT North Essington Road 22,800 AADT Legend I-55 Primary Trade Area 75,200 AADT Secondary Trade Area Competition Access Roads (AADT= annual average daily traffic) 3 MILES THE CENTER THE MARKET STARWOOD Louis Joliet Mall ULTA Beauty (HQ) 10 mi. Area Attractions 182,521 The Chicagoland I-55 Speedway Silver Cross Field (minor league baseball) Harrah’s and Hollywood Daytime Employees 5 mi. 15,732 Casinos 71,455 Rialto Square Theater (named to National 3 mi. Businesses Register of Historic Places) 6,931 30 23,847 Colleges 2,542 Joliet Junior College Louis Joliet Mall 70,902 193,967 Residential Population 465,803 University of St. Francis $87,510 Lewis University Rasmussen College $85,221 I-55 Household Income Combined enrollment: 25,100 Silver Cross Hospital Will County Government Presence Medical Center $94,475 Harrah’s Hotel & Casino Legend I-80 Demographics Key Employers Caterpillar Inc 3 MILES Hollywood Casino THE CENTER THE MARKET STARWOOD Louis Joliet Mall Demographics PTA1 STA2 TTA3 US Avg Population 2016 estimate 363,597 108,912 472,509 Growing Market, Rising Sales 2021 projection 369,914 110,781 480,695 Community of empty nesters and new families % growth 2016–2021 1.7% 1.7% 1.7% 3.7% Nearly 200,000 people live within Population White 70% 94% 75% 71% five miles, 60% growth since 2000 By Race Black 13% 2% 11% 13% Large concentration of upper-income Asian 5% 1% 4% 5% families Hispanic Ethnicity 24% 8% 20% 18% Will County recorded the largest growth in retail sales among all Median Age 36 39 36 38 Chicago metro counties, a 20% % age 15-24 15% 14% 15% 14% increase between 2007–2014 (Illinois Department of Revenue) % age 25 to 44 27% 24% 27% 26% Joliet suburban communities % age 45 to 64 25% 29% 26% 26% continued to rank #1 in the metro area Households 2016 estimate 118,122 37,867 155,989 for total General Merchandise sales (ahead of #2 Schaumburg in 2014) 2021 projection 119,816 38,395 158,211 (Illinois Department of Revenue) 2016 households with kids under 18 45% 41% 44% 34% From 2010 to 2013, Joliet was the Average 2016 estimate $86,205 $94,102 $88,122 $77,135 fastest-growing city in the Midwest Household and the 12th-fastest-growing city in the % earning $100,000+ 32% 37% 33% 24% Income United States among cities with more 2021 projection $93,920 $102,584 $96,022 $83,619 than 100,000 people (City of Joliet) Education % college educated 60% 61% 60% 59% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 367 2,542 6,931 15,732 Employment daytime employment 5,343 23,847 71,455 182,521 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD Louis Joliet Mall Predominant Market Lifestyle Segments Accumulated Wealth—34% Young Accumulators—14% • Families & couples age 50+ • Married with large families • Upscale, college-educated • Age 35 to 50 baby boomers • Mix of upscale professional • Sprawling suburban homes and managerial jobs • Disposable cash and • Fashioned comfortable, sophisticated tastes upper-middle class lifestyles • Enjoy top-of-the-line • Favor outdoor activities, electronics, sporting team sports and kid-friendly equipment, cars and technology vacations Conservative Classics—11% Cautious Traditionalists—10% • Upper-middle-class age 55+ • Over 55 year-old mix of • Childless singles and couples singles and couples • College-educated • High rate of home ownership • Enjoy comforts of home, • Fans of reading, home-based gardening, reading, and hobbies and travel entertaining • Enjoy eating out at family • Frequent patrons to restaurants museums, the theater, and • Pursue entertainment outside casual-dining restaurants the home THE CENTER THE MARKET STARWOOD Louis Joliet Mall Starwood Retail Partners: A New Kind Of Owner For A New Generation Of Retail Starwood Retail Partners is not your father’s — or your grandfather’s — landlord. We’re acquiring, redeveloping, managing, leasing and operating the next generation of shopping centers for a new generation of shoppers: active, exciting community cores for an increasingly interconnected consumer. Owned by Starwood Capital Group, we’ve grown our portfolio to 30 centers in 16 states across the United States since our founding in 2012, working with top-tier investment firms to help finance our properties, and employing the talents and skills of the most creative professionals in the business to maximize their value. We build solid relationships and partner with our retailers to ensure that they are in the right property at the right time, with the right deal to support their success now and in the future. We invest in innovative technologies that help our properties become more productive, our stores more exciting and our shoppers more engaged. We understand that ultimately, as an owner, as an employer and as a citizen of our communities, it’s not about property, it’s about people. California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Chicago Ridge Mall Parkway Plaza Louis Joliet Mall Ohio Belden Village Mall Plaza West Covina The Promenade Bolingbrook / Senior Director, Leasing / 312.242.3182 / Solano Town Center Franklin Park Mall Joe Nicchetta Indiana Great Northern Mall [email protected] Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Bryant Siragusa / National Director, Restaurants & Entertainment / Connecticut
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