OAKBROOK CENTER Oak Brook, Illinois TABLE OF CONTENTS
PROPERTY OVERVIEW 03
CHICAGO RETAIL LANDSCAPE 04
CENTER OF CHOICE 05
PROPERTY AERIAL 06
DEMOGRAPHIC INFORMATION 07
COMMERCIAL HUB 08
NOTABLE RETAILERS 09
OAKBROOK CENTER THROUGH THE YEARS 11
OAKBROOK CENTER TODAY 13
ABOUT / CONTACT 14 3 PROPERTY OVERVIEW OAKBROOK CENTER
Chicagoland’s finest
$800M+ IN ANNUAL SALES
$100+ IN FOOD & BEVERAGE VOLUME
$65M+ IN HOME FURNISHING SALES 20M ANNUAL VISITORS
1.3M TRADE AREA RESIDENTS
160+ UPSCALE RETAILERS
30+ DINING OPTIONS
Sources: 2019 Brookfield Properties, 2018 ESRI 4 CHICAGO RETAIL LANDSCAPE OAKBROOK CENTER
CHICAGO RETAIL LANDSCAPE
NORTHBROOK COURT Neiman Marcus, Lord & Taylor, AMC Theatres NORTHBROOK
WILMETTE
294 OLD ORCHARD WOODFIELD MALL Nordstrom, Bloomingdale’s, Nordstrom, JCPenney, Macy’s Macy’s, Sears, Lord + Taylor EVANSTON 94 SCHAUMBURG
FASHION OUTLETS OF CHICAGO BENSENVILLE Nordstrom Rack, Neiman Marcus Last Call, Bloomingdale’s The Outlet Store
90
DOWNTOWN CHICAGO
OAK BROOK CHICAGO 290 OAKBROOK CENTER YORKTOWN CENTER Nordstrom, Neiman Marcus, Von Maur, AMC Theatres, Macy’s, Crate & Barrel, Target AMC Theatres
55 MILES FROM OAKBROOK CENTER Downtown Chicago - 18 miles Yorktown Center - 4.5 miles Fashion Outlets Chicago - 13 miles Woodfield Mall - 13 miles Northbrook Court - 30 miles Old Orchard - 24 miles 5 CENTER OF CHOICE OAKBROOK CENTER
The center of choice for expanding brands
AMAZON 4-STAR KIDZANIA
B8TA L.L.BEAN
BEATRIX LOUIS VUITTON
BONOBOS MADEWELL
BURBERRY PELOTON
CASPER ROLEX
DAVID YURMAN SHINOLA
EQ3 TABLE AT CRATE (1st ever)
INDOCHINO TED BAKER
JENI’S SPLENDID ICE CREAM TIFFANY & CO.
KENDRA SCOTT TRUE FOOD KITCHEN
WARBY PARKER
L.L.BEAN 6 PROPERTY AERIAL OAKBROOK CENTER
38 ILLINOIS 38 Traffic Count: 55,000+ AADT 83 ILLINOIS 83 Traffic Count: 56,600+ AADT
294 INTERSTATE 294 Traffic Count: 202,000+ AADT
NORDSTROM
LE MÉRIDIEN
MACY’S NEIMAN MARCUS
OAKBROOK CENTER 22ND STREET Traffic Count: 35,000+ AADT
88 INTERSTATE 88 Traffic Count: 196,000+ AADT 7 DEMOGRAPHIC INFORMATION OAKBROOK CENTER
Serving an affluent community
BASE COUNTS
POPULATION 1,359,264
HOUSEHOLDS 499,315
AFFLUENCE + EDUCATION
AFFLUENT HOUSEHOLD (HHI $100,000+) 499,221 (40%)
AVERAGE HOUSEHOLD INCOME $109,255
HIGH NET WORTH HOUSEHOLDS (HH NET WORTH $500,000+) 159,980 (32%)
AVERAGE HOUSEHOLD NET WORTH $1,120,338
RESIDENTS 25+ WITH A BACHELOR’S DEGREE OR HIGHER 423,700 (45%)
AGE BREAKDOWN
AGE. UNDER 20 20-34 35-49 50-69 70+
POP. 343,958 258,088 262,595 353,381 141,243
% 25% 19% 19% 26% 10% Oakbrook Lawn 2019
Source: 2018 ESRI 8 COMMERCIAL HUB OAKBROOK CENTER
At the center of a commercial hub
Oakbrook Center is surrounded by a thriving business community from growth industries. DAYTIME TRADE AREA STATS
3 MILES HEALTHCARE Advocate Medical Group TOTAL EMPLOYEES 118,428 DuPage Medical Group
FOOD PROCESSING & DISTRIBUTION % WHITE COLLAR 68.2% TreeHouse Foods, Inc. Ferrara Candy Co. % EXECUTIVE & PROFESSIONAL 42.2% Bay Valley Foods LLC Tyson Foods Portillo’s HOTELS 25+
MANUFACTURING Elkay Manufacturing Navistar International Corporation 5 MILES Dover Corporation Federal Service Corporation TOTAL EMPLOYEES 292,131
RETAIL % WHITE COLLAR 64.1% Ace Hardware Corporation Blistex, Inc. % EXECUTIVE & PROFESSIONAL 39.8% TECHNOLOGY Microsoft HOTELS 50+
Sources: Choose DuPage, 2018 ESRI 9 OAKBROOK CENTER
Oakbrook Center continues to evolve with a dedication to modernized retail offerings
THE TABLE AT CRATE 10 NOTABLE RETAILERS OAKBROOK CENTER
LUXURY EMERGING BRANDS FOOD & BEVERAGE HOME FURNISHINGS
PERSONAL CARE ENTERTAINMENT ELECTRONICS HEALTH & WELLNESS 11 OAKBROOK CENTER THROUGH THE YEARS OAKBROOK CENTER
Peloton at Oakbrook Center, 2019
Extraordinary then, extraordinary now
At the time of its grand opening in March 1962, Oakbrook Center was the Midwest’s largest mall and one of the first 50+ open-air centers in the United States. Built as the centerpiece STORES IN 1962 of and a one-stop shop destination within a growth-focused community, Oakbrook Center remains a community pillar nearly 60 years later.
As consumers’ interests and shopping habits have evolved over the years, so has Oakbrook Center. Present-day Oakbrook Oakbrook Center, 1962 180+ is still anchored by strong tenants, such as one of the brand’s STORES IN 2019, RANGING FROM RETAIL top performing Nordstrom’s and Macy’s, but now also features TO RESTAURANT AND new use types that keep customers coming back, such as ENTERTAINMENT entertainment, dining, coworking, and fitness. 12 OAKBROOK CENTER THROUGH THE YEARS OAKBROOK CENTER
CELEBRATING OVER 60 YEARS
March 1962 1981 2012 – 2014 2016 – Today GRAND OPENING INTRODUCING LUXURY TRANSFORMATIVE YEARS EXPANDING RETAIL
Key Tenants: Marshall Field’s, Sears, Bonwit A 400,000-square-foot expansion elevates the Looking to bring in a diverse mix of tenants, As an industry leader in incubating digital Teller, and Jewel Tea Co. tenant lineup to include more luxury brands, the eastern corridor of Oakbrook saw the and emerging brands, Oakbrook has Total Square Footage: 1.2 million like Neiman Marcus and Saks Fifth Avenue. emergence of Restaurant Row, which now brought to market Warby Parker, Shinola includes Maggiano’s Little Italy and Wildfire. Detroit, Casper, Peloton and many more.
1973 1991 2016 Future LORD & TAYLOR FIRST-TO-MARKET ELEVATED DINING & EVER-EVOLVING ENTERTAINMENT Oakbrook Center welcomes its third Oakbrook Center welcomes Oakbrook continues its differentiation major anchor tenant, Lord & Taylor, Nordstrom, which marks the brand’s A major redevelopment brings The with proactive merchandise planning located adjacent to Marshall Field’s. first Midwest location, as well as space District Food Hall, featuring 11 fast- and community programming. for an additional 60 stores. casual dining options as well as a 12-screen luxury AMC Theatre. 13 OAKBROOK CENTER TODAY
Leading the retail revolution
Oakbrook’s proactive approach to retail merchandising solidifies the property as one of the most productive and consumer-forward centers in our portfolio. The center’s adaptability and sense of innovation is amplified by the tenants it draws. Oakbrook Center is at the forefront of the retail revolution, and will continue to set the standard for years to come. We Mean Retail
We operate best-in-class properties that provide an engaging environment and experience for our communities, retailers, employees, consumers, and stakeholders. Using strategic thinking, innovation, and community partnerships, we have transformed our retail centers into lifestyle destinations—creating a new era of retail.
Our expansive portfolio comprises more than 170 locations across 43 states and represents over 146 million square feet of retail space—ranking us among the largest retail real estate companies in the United States. Our gathering places are paradigms of modern luxury and accessibility—10,000 nationally renowned tenants allow us to unite high-profile retailers with eclectic culinary and cultural concepts in inspiring contemporary settings. Brookfield Properties’ retail group is headquartered in Chicago and owned by affiliates of Brookfield Asset Management.
RETAIL LEASING KEEP IN TOUCH Laura Phillips | Director of Leasing Facebook [email protected] @BrookfieldPropertiesRetail 312.960.5532 Twitter RESTAURANT LEASING @Brkfldproprtl Keith Isselhardt | Vice President of Leasing [email protected] LinkedIn 312.960.2731 Brookfield Properties
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OAKBROOK CENTER, 1962