Leasing Brochure
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Albany, NY Located in the heart of New York’s Capital Region, Colonie Center a 1.3 million square-foot enclosed, regional shopping center with over 100 specialty stores. Anchored by Boscov’s and Macy’s, Colonie Center is home to many stores that are unique to the market—from the first L.L. Bean retail store in New York State to the only P.F. Chang’s China Bistro in the Capital Region. The center is just five minutes from the Albany International Airport and major hotel chains, and is accessible from Interstates 87 and 90. Positioned in New York’s Tech Valley, Albany is the fastest growing high tech community in the country. Colonie Center completed a $9.1 million center-wide renovation. New lower level restrooms have been added along with a state-of-the-art family lounge facility to provide nursing rooms, changing stations, and a television lounge for shoppers with young children. Colonie Center’s center court, food court, and seating areas have also received modern updates including an updated center court fountain and iPad stations for shopper use. The new upgrades bring an unparalleled shopping experience to the region, helping Colonie Center rank as the Capital Region’s ‘Best Of’ Shopping Center for 12 years in a row, based on a Times Union readers’ poll. TOTAL SQAURE FEET CENTER GLA TOTAL RETAILERS 1,334,405 100+ ANNUAL SALES SALES PER SQUARE FOOT $300+MM $450 PARKING SPACES LEVELS 5,273 3 AERIAL OVERVIEW SCHOOLs AND CRITICAL SITES staybridge suites the towers at colonie I-90 112 Guest Suites 601 Units 75,800 vehicles per day pass the exits surrounding Colonie Center 4 90 2 SCHOOL ENROLLMENT INFORMATION Sorted by Enrollment Count and Distace From Center 3 1. Colonie Central High School 1,557 | 1.1 miles 2. University at Albany 17,280 | 2.3 miles 1 MILE 3 MILES 1 3. SUNY Polytechnic Institute 3,023 | 2.1 miles 4. Siena College 3,174 | 4.7 miles WOLF ROAD Schools & Universities 87 Critical Sites albany international airport WOLF ROAD I-87 - The Northway 3.1 miles away from Approximately 67,626 Approximately 98,438 vehicles Colonie Center vehicles per day per day pass Colonie Center ALBANY LIFESTYLE LIVE PLAY Albany is ranked as one of the top ten safest places to With museums, Thompson Lake State live in the country and is New York State’s most affluent Park, historical landmarks, distilleries and metro area outside the New York City metropolitan breweries, Howe Caverns, and more, the region. The average household income is over $93,439 trade area is prime for locals and visitors with a total population of 721,491 within a 20-mile alike. Home to the arena football team radius. 30.72% have an average household income in Albany Empire, and the minor league excess of $100,000 or more. From the Helderbergs to baseball team the Tri-City ValleyCats, Albany the shores of the mighty Hudson, Albany County is a is known for its family fun activities. From unique blend of urban excitement and rural relaxation. a tulip festival showcasing over 200,000 variations of tulips to outdoor concerts along the Hudson River, Albany continues to thrive. Each summer Saratoga Race Track draws an estimated attendance of 1.1 SCHOOL million people running six days a week for 22 Colleges and Universities within 50 miles with an 6.5 weeks. Families, horse enthusiasts, and economic impact of over $200 million. The student trainers come from all over the United States population of over 75,000 graduate from well- to enjoy a summer at the track. known universities such as Union College, Rensselaer Polytechnic Institute, Skidmore College, Siena College, and the State University at Albany. VISIT Ideally positioned, Albany is easily accessible via road, rail, and air, and is a popular day trip locale for residents of the Adirondacks and Saratoga to the north, the WORK Catskills and Hudson Valley to the south, As the capital of New York, Albany is the hub of the the Berkshires and Vermont to the east, Northeast and home to over 490,000 office workers. With and the Finger Lakes region to the west. It 80,545 state, local, and federal employees, a network of is a three hour drive from New York City service industries, especially restaurants and food stores, and Boston and a four hour drive from law firms, and related businesses, has grown in Albany Montreal. Plus, Rivers Casino & Resort at to serve the needs of government. Plus, the region has Mohawk Harbor, which opened in 2017 emerged on the international stage as the “Tech Valley” just 16 miles west of Colonie Center, draws region encompassing 21,000 businesses, schools, and an estimated 2.8 million visitors annually to organizations that employ more than 531,000 workers. the area. lower level lease plan FUTURE DEVELOPMENT Key Tenants upper level lease plan FUTURE DEVELOPMENT Key Tenants site plan RH42"DR RH42"DR RH42"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH42"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR RH36"DR Elev Mach. Rm #4 RH36"DR Elev.#4 RH36 " D R - HS S H RH36"DR- EL RM RH36"DR RH36"DR Elev.#7 Machine Rm. Elev.#1 ROOM ELECTRICAL RH36"DR RH36"DR RH36"DR RH36"DR Planter Planter Observation Water Spillway Bridge Water Spillway Elevator Planter Planter Planter CHILDREN'S PLAY AREA Planter Planter FUTURE DEVELOPMENT Mach. Rm. Freight Elevator Elec. Closet Elev.#3 Mach. Rm. Elev. #2 Equipment Room Office Storage Parking: 5,273 Spaces N SITE PLANSmall Shops Anchor/Mini-Anchor Pads September, 2019 Demographics TRADE AREA POPULATION 511,919 HOUSEHOLDS 56% $89,333 $214,180 19 YEARS PEOPLE OWN AVERAGE MARKET VALUE AVERAGE TIME THEIR OWN HOME HOUSEHOLD INCOME OF OWNED HOME IN PRESENT HOME PEOPLE 35.6% 68.1% BACHELORS EMPLOYED WITH DEGREE OR HIGHER WHITE COLLAR JOBS 38.4 48% MEDIAN ARE AGE MARRIED at a glance distinction 77K EMAIL SUBSCRIBERS 50K+ MONTHLY WEBSITE VIEWS 39K social media followers 65+ ACTIVATIONS PER YEAR Santa Arrival Egg Hunt Colonie Creepy CraZE Noon Year’s Eve Evening of Giving Trunk or Treat START WITH A CART LEASING INFORMATION Contact Us STEPHEN CASSELLA 201.694.3210 Clifton Realty Management [email protected] WILLIAM CAPPELLETTI 315.396.1555 Clifton Realty Management [email protected] 131 Colonie Center Albany, NY 12205 | 518.459.9020 #231 | [email protected] | shopatcoloniecenter.com @ColonieCenter A PACIFIC RETAIL PROPERTY.