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OVERVIEW September 30, 2019
OVERVIEW September 30, 2019 Scottsdale Fashion Square, Arizona LEGAL DISCLAIMER This document contains information constituting forward-looking statements and includes expectations regarding the Company’s future operational results as well as development, redevelopment and expansion activities. Stockholders are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company or the industry to differ materially from the Company's future results, performance or achievements, or those of the industry, expressed or implied in such forward-looking statements. Such factors include, among others, general industry, as well as national, regional and local economic and business conditions, which will, among other things, affect demand for retail space or retail goods, availability and creditworthiness of current and prospective tenants, anchor or tenant bankruptcies, closures, mergers or consolidations, lease rates, terms and payments, interest rate fluctuations, availability, terms and cost of financing and operating expenses; adverse changes in the real estate markets including, among other things, competition from other companies, retail formats and technology, risks of real estate development and redevelopment, acquisitions and dispositions; the liquidity of real estate investments, governmental actions and initiatives (including legislative and regulatory changes); environmental and safety requirements; and terrorist activities or other acts of violence which could adversely affect all of the above factors. Furthermore, occupancy rates and rents at a newly completed property may not be sufficient to make the property profitable. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended December 31, 2018, for a discussion of such risks and uncertainties, which discussion is incorporated herein by reference. -
CHRISTOWN SPECTRUM MALL Bethany Home Rd & 19Th Ave - Southeast Corner Phoenix, Arizona
CHRISTOWN SPECTRUM MALL Bethany Home Rd & 19th Ave - Southeast Corner Phoenix, Arizona PROPERTY HIGHLIGHTS SITE PLAN / AVAILABILITY AERIAL CONTACT DEMOGRAPHICS Brian Gast Brian Harpel Brad Ranly A 602.682.8155 602.682.8150 602.682.8120 [email protected] [email protected] [email protected] Project CHRISTOWN SPECTRUM MALL Bethany Home Rd & 19th Ave - Southeast Corner Phoenix, Arizona ANCHOR SPACE & SHOPS AVAILABLE Property Highlights Traffic Counts Bethany Home Rd 35,980 CPD • Dominant Central Phoenix Shopping Center 19th Ave 21,350 CPD Total 57,330 CPD • Total GLA: 844,955 SF on 71.73 Acres Demographics 1 mi 3 mi 5 mi Estimated Population 24,764 214,436 494,474 • Over 57,000 Cars per Day drive by the site Med Household Income $48,058 $52,725 $53,409 Estimated Households 9,964 83,088 190,534 • Shops Space Available Daytime Population 6,907 68,846 242,995 Source: SitesUSA • Rental Rate: Call to Discuss Nearby Tenants PROPERTY HIGHLIGHTS SITE PLAN / AVAILABILITY AERIAL CONTACT DEMOGRAPHICS Brian Gast Brian Harpel Brad Ranly A 602.682.8155 602.682.8150 602.682.8120 [email protected] [email protected] [email protected] Project CHRISTOWN SPECTRUM MALL Bethany Home Rd & 19th Ave - Southeast Corner Phoenix, Arizona K5 Available 55,332 33 Harkins Theatres 62,322 K58 Olive Garden 7,700 34 Costco 154,809 1 Ulta 8,992 35 Bath & Body Works 2,532 2 Carter’s 4,020 36 Modluxx 1,230 3 America’s Best 3,500 37 GameStop 1,140 4 Bright Now! Dental 3,337 38 GNC 1,040 5 Dollar Tree 10,740 -
Macerich Shopping Centers & Fashion Outlets
MACERICH SHOPPING CENTERS & FASHION OUTLETS Tourism Fact Sheet OVERVIEW MACERICH RETAIL BRANDS INCLUDE: Experience the top two activities when traveling in the US – shopping and dining – at our premier shopping destinations located in major cities across the country. A dynamic AMERICAN GIRL blend of stores, restaurants, and entertainment – many of which are exclusives – as well as APPLE unparalleled guest services create the ultimate experience for visitors. Tourism programs BLOOMINGDALE’S benefit travel trade professionals and welcome both individuals and groups including: BURBERRY commissionable, experiential shopping packages; visitor savings; motorcoach meet-and- COACH greet plus driver and guide incentives; resort and hotel partnerships; group programs, and DISNEY dedicated marketing campaigns. GAP SHOPPING CENTERS & FASHION OUTLETS GUCCI Shopping in major destinations include Santa Monica Place in Santa Monica, California; H&M Scottsdale Fashion Square in Scottsdale, Arizona; The Shops at North Bridge and Fashion LOUIS VUITTON Outlets of Chicago in Chicago, Illinois; Fashion Outlets of Niagara Falls in Niagara Falls, New York; Tysons Corner Center in the Washington DC area; and the newly opened KATE SPADE NEW YORK Fashion District Philadelphia. MACY’S MICHAEL KORS MICROSOFT STORE ARIZONA 1 Scottsdale Fashion Square* Scottsdale NEIMAN MARCUS 2 Biltmore Fashion Park Phoenix 3 Chandler Fashion Center Chandler NIKE 4 Kierland Commons Scottsdale NORDSTROM 5 La Encantada Tucson OMEGA CALIFORNIA 6 Santa Monica Place* Santa Monica 7 La Cumbre -
Orangewood Apartments
Orangewood Apartments 2020 WEST ORANGEWOOD AVENUE // PHOENIX, AZ OFFERING SUMMARY PROPERTY NAME Orangewood Apartments ADDRESS 2020 West Orangewood Avenue CITY, STATE Phoenix, Arizona 85021 PARCEL NUMBER 157–19–141 ZONING R–4, Phoenix Orangewood TOTAL UNITS 27 YEAR BUILT 1986 Apartments TOTAL SQUARE FEET 13,758 PARCEL SIZE 0.94 AC DENSITY 27.72 Units per Acre Orangewood Apartments Marcus & Millichap is pleased to announce the opportunity to acquire PRICE $2,400,000 Orangewood Apartments, a 27–unit multifamily community located in Phoenix, Arizona. Situated a block west of 19th Avenue and a half mile south UNITS 27 of Northern Avenue in the Christown submarket, where multifamily renovation and development is burgeoning. Anchoring the neighborhood is PRICE PER UNIT $88,889 the 1 million square foot Christown Spectrum Mall with its 50+ stores including Costco, Walmart, Target and many others. Within walking distance TOTAL SQUARE FEET 13,758 is Albertsons as well as Fry’s grocers. PRICE PER SQUARE FOOT $174.44 Listed at $2,400,000 Orangewood offers an investor the ability to pay a below–market price in an up–and–coming submarket. Built in 1986, the unit mix is comprised of (24) studios, (2) one bedroom–one bath units and (1) Phoenix metro will experience faster job growth than the two bedroom–one bath townhome style unit. The tenants enjoy large mature national rate during the next five years. shade trees, grass–covered open spaces as well as a gated pool and lounge area. Deliveries pick up in 2019 as Phoenix receives 10,600 new Within walking distance to the property is the Northern/19th Avenue Phoenix units. -
Christown Spectrum Pud 1
CHRISTOWN SPECTRUM PUD 1 PRINCIPALS AND DEVELOPMENT TEAM Property Owner: Christown 1755, LLC A Delaware Limited Liability Company Managed by Kimco Realty Corporation. Developer: Kimco Realty Corporation 2429 Park Avenue Tustin, CA 92782-2705 Contact: Mark Wendel Director of Development | Western Region Phone: (949) 252-3870 E-mail: [email protected] Architect: Streetsense / TBD 3 Bethesda Metro, #140 Bethesda, MD 20814 Contacts: Stephen Miller, Project Designer John Huntzinger, Senior Director of Planning Phone: (240) 479-7201 E-mail: [email protected] E-mail: [email protected] Attorney: Earl & Curley, PC 3101 North Central Avenue, Suite #1000 Phoenix, AZ 85012 Attorney: Taylor Earl Principal Planner: Ricardo Toris Phone: (602) 265-0094 E-mail: [email protected] E-mail: [email protected] Civil Engineering and Landscape Architecture: Kimley-Horn and Associates, Inc 1001 West Southern Ave, Suite 131 Mesa, AZ 85210 Contact: Heather Roberts, PE Phone: (623) 552-3171 Contact: Chuck Wright, PE Phone: (602) 944-5500 Contact: Anne DeBoard, PLA Phone: (602) 906-1106 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] 2 PLANNED UNIT DEVELOPMENT DISCLAIMER Regulatory Provisions This PUD has been prepared pursuant to Section 671 of the Zoning Ordinance of City of Phoenix, Arizona (Planned Unit Development) to establish the regulatory framework for the Christown Spectrum PUD development by utilizing the City of Phoenix Zoning Ordinance Chapter 13, Walkable Urban Code (“WU”), Transect District: T5:5 development standards to fit future development(s) within the context of the area. This PUD is a stand-alone document comprised of project specific zoning regulations, including permitted uses, conditions/limitations, development standards, building heights, landscaping, outdoor storage, parking (e.g., bicycle and automobile) standards, and signage. -
Fac# Location
Fac# Location 14239 Surprise City Hall 15641 Dobson Palm Plaza 15645 Scottsdale Plaza 15656 Bell Canyon Pavilions 15660 Southern Plaza 10042 THUNDERBIRD ADVENTIST ACADEMY 10215 Scottsdale Worship Center 10371 RADIANT CHURCH SUN CITY 10378 Glendale Community College Main 10403 FOWLER SCHOOL 10647 CHURCH AT LITCHFIELD PARK 10689 TOLLESON SENIOR CENTER 10830 MOUNTAIN VIEW REC CENTER 10897 First New Life Mission Baptist Church 11322 Wickenburg Community Center 11380 David Crockett School 12082 Mesa Baptist Church - no pay 12154 HAPPY TRAILS RESORT 12226 CAVE CREEK TOWN HALL 12268 ST NIKOLAS SERBIAN ORTHODOX CHURCH 12350 El Mirage City Hall 12771 SHADOW ROCK CONGREGATIONAL CHURCH 12938 Sun Lakes United Methodist church 13694 CARTWRIGHT ANNEX 13787 Arrowhead Mall 13877 Horizon Presbyterian Church 13905 Chandler-Gilbert Community College 14044 Buckeye City Hall 14187 PHOENIX UNION HIGH SCHOOL DIST OFF 14218 Estrella Mountain Community College 14227 Florence Ely Nelson 14864 GATEWAY FELLOWSHIP CHR/SBC 15105 ASU WEST CAMPUS 15164 Paradise Valley Mall 15359 Knights Of Pythias Lodge 15521 El Tianguis/Guadalupe 15566 ASU - Maroon Gym 15570 PENDERGAST COMMUNITY CENTER 15607 OUTLETS AT ANTHEM 15612 TEMPE HISTORY MUSEUM 15632 Pendergast Learning Center no pay 15633 Phoenix Convention Center 15634 Mesa Convention Center 15642 ASU Poly Campus 15646 Plaza Fountainside 15647 Signal Butte Marketplace 15649 Village Square 15650 Camelback Center 15658 Glendale Market Square 15659 McDowell Square 15661 Peoria Power Center 15663 Chandler Fashion Center 15664 -
Northeast Scottsdale Road & Loop 101 in Scottsdale, Arizona
Northeast Scottsdale Road & Loop 101 in Scottsdale, Arizona Metro Phoenix NEW Site Location Map RIVER ANTHEM CAVE CREEK DESERT CAREFREE HILLS TONTO NATIONAL 17 FOREST NORTH SCOTTSDALE MCDOWELL REGIONAL 87 PARK TO PAYSON 101 MCDOWELL FORT SONORAN MCDOWELL PRESERVE YAVAPAI NATION TONTO NATIONAL SCOTTSDALE FOREST 51 AIRPORT FOUNTAIN SCOTTSDALE HILLS PARADISE VALLEY 101 SALT RIVER PIMA-MARICOPA INDIAN COMMUNITY 202 MESA 143 TEMPE 60 10 The entire mixed-use One Scottsdale project (Phase I and Phase II) will be comprised of approximately 2.8 million square feet of gross leasable area. One Scottsdale has the ability to pull from a much greater trade area with the Loop 101 Freeway. 575,000 square feet of office is planned on site in Phase I and approximately 58,300 employees already work within an eight-minute drive time from the entrance to One Scottsdale. Parking will be surface, with opportunity for garage parking in the evening. 750 luxury apartments units on site (The Jefferson at One Scottsdale and The Jefferson at Legacy). Adjacent to Phase II Mixed-Use One Scottsdale Project (zoned for up to 400 hotel rooms). 42,197 residents within 3 miles; 150,165 within 5 miles; 477,186 within 10 miles. Median household income of $86,334 within 3 miles; $81,702 within 5 miles; $67,589 within 10 miles. Regional Dining and Shopping Opportunity, North Scottsdale The Scottsdale Road and the Loop 101 Freeway intersection falls within the premier shopping destination for all of metro Phoenix. With the existing, high-end shopping centers of Kierland Commons, Scottsdale Quarter, The Promenade, and Scottsdale 101, local residents and tourists alike travel to this area to spend on retail, automobiles, restaurants, entertainment, and hospitality. -
The Care Card Effect
The Care Card Effect Join the community, excitement and power of Care Card as we raise funds for Phoenix Children's Hospital! Attract new customers and welcome the thousands of loyal Care Card shoppers, both local and international, who support Care Card retailers each year. Here’s what retailers are saying about the benefits they are receiving from Care Card participation: CRATE & BARREL (Kierland Commons and Scottsdale Fashion Square) “The morale in our stores during care card was the best it's been in years. Our sales skyrocketed above budget during the entire event. Our customers commented daily how happy they were to have us participate. As a business leader, I'm so grateful to have this opportunity to work with my teams and learn how to manage a fundraising project in a way that is mutually beneficial. It has been a great exercise in planning, merchandising, and tapping into our creativity. This is a new opportunity for our company in this market. We are proud to have participated in an event that matters to our local customers. We are hoping our Care Card success in Phoenix will start a new trend for our region and our whole company.” District Manager RESTORATION HARDWARE (Scottsdale Quarter) “Phoenix shoppers and the Care Card have a deep and strong relationship, which makes for a successful partnership with the participating retailers. Our clients look and plan their merchandise purchases, especially the high ticket items, to happen during the Care Card season. The benefits to the card-selling retailers speak for themselves.” Store Manager BUNGALOW FURNITURE AND ACCESSORIES (North Scottsdale) “Care Card is a great event for us. -
Macerich Shopping Centers & Fashion Outlets
Macerich Shopping Centers & Fashion Outlets Tourism Fact Sheet Overview Experience the top two activities when traveling in the US – shopping and dining – at our premier shopping destinations located in major cities across the country. A unique blend of MACERICH RETAIL BRANDS INCLUDE: stores, restaurants, and entertainment – many of which are exclusives – as well as unparalleled guest services create the ultimate experience for visitors. Tourism programs benefit travel trade AMERICAN GIRL professionals and welcome both individuals and groups including: commissionable, experiential APPLE shopping packages; visitor savings; motorcoach meet-and-greet plus driver and guide incentives; resort and hotel partnerships; group programs, and dedicated marketing campaigns. BARNEYS NEW YORK Shopping Centers & Fashion Outlets BLOOMINGDALE’S Shopping in major destinations include Santa Monica Place in Santa Monica, California; Scottsdale BURBERRY Fashion Square in Scottsdale, Arizona; The Shops at North Bridge and Fashion Outlets Chicago in COACH Chicago, Illinois; Fashion Outlets Niagara Falls in Niagara Falls, New York; Tysons Corner Center in the Washington DC area; and the soon-to-open Fashion District Philadelphia in Pennsylvania. DISNEY ARIZONA 1 Scottsdale Fashion Square* Scottsdale GAP 2 Biltmore Fashion Park Phoenix GUCCI 3 Chandler Fashion Center Chandler 4 Kierland Commons Scottsdale H&M 5 La Encantada Tucson LOUIS VUITTON CALIFORNIA 6 Santa Monica Place* Santa Monica 7 La Cumbre Plaza Santa Barbara KATE SPADE NEW YORK 8 Broadway Plaza Walnut -
Phoenix, PHOENIX Obviously, Is Blessed in the Sunshine Department
SEASONS Mother Nature smiles on some cities more than others. Phoenix, PHOENIX obviously, is blessed in the sunshine department. Phoenix basks in sunshine more than any other major metropolitan area in the U.S. — during 85 percent of its daylight hours. And the cliché ARIZONA that “it’s a dry heat” rings true, too: Humidity levels are pleasantly low, even in summer. The bottom line: Any time is a good time to visit the Sonoran Desert. WINTER During the winter months Greater Phoenix enjoys blue skies and highs in the 60s and 70s. Winter nights in the desert can get chilly, though the temperature rarely dips below freezing. SPRING Phoenix’s weather is consistently perfect during springtime. Daytime temperatures loll around 80 degrees, while evenings are comfortably cool. Spring is when hikers hit the trails to see blooming cactuses and wildflowers, and baseball fans flock to stadiums across the metro area for Cactus League Spring Training. SUMMER Summertime temps routinely reach triple digits in summer, but a 100-degree day in the desert actually feels much more pleasant than Average Temperatures in Phoenix an 85-degree day in a locale with heavy humidity. The best thing about summer in Phoenix: It’s value season. Prices at resorts, hotels and golf courses plunge as much as 30 percent. HIGH LOW (° F/ °C) (° F/ °C) FALL January 67/19 44/7 Autumn days in Phoenix are warm, sunny and exceedingly pleasant. It’s a great time for recreational pursuits, off-season sunbathing and serious February 71/22 48/9 shopping. Nights can get cool, but patio dining and outdoor events are March 76/24 52/11 still comfortable. -
SYSTEM MAP Scale Is Approximate
Happy Valley Rd Happy Valley 0 1 2 3 4 5 R I- LEGEND Miles SYSTEM MAP Scale is approximate. MAPA DEL SISTEMA Pinnacle Peak Rd 17 Transit Center Valley Metro Rail Local Buses Light Rail, Local, Express Phoenix-Deer Valley Municipal Airport Frequent and reliable all-day rail Main bus route 29th Ave Park-and-Ride Regular service Deer Valley Dr E Marriott Dr and RAPID Bus Routes 19th Ave 27th Ave 27th Ave 23rd service operating 365 days a year Select trips only Barry Point of Interest linking Phoenix, Tempe and Mesa Limited service Deer Valley Rd Eective/Validez 10.28.2019 Goldwater Direction of Travel with connections to Sky Harbor High School R SR Central Avenue Honeywell Airport and many bus routes. Rose Garden Ln Rose Garden Ln Desert Ridge Marketplace St 73rd 602.253.5000 | valleymetro.org Pima Fwy Scottsdale Healthcare Dr Washington Agua Fria Fwy 7th Ave 101 Rail line is on 101 E Mayo Blvd Thompson Peak Pkwy this street Train stops only at Van Buren HonorHealth Scottsdale Beardsley Rd Beardsley Rd 51 RAPID Bus light rail stations Glendale Thompson Peak 7th Street Foothills Library Fast and frequent bus service from Apache Blvd Behrend Dr Yorkshire Dr park-and-rides to downtown Phoenix 7th Avenue Utopia Rd Blvd Tatum Abrazo Arrowhead Hospital E on weekdays 5–8 a.m. and 3–6 p.m. Union Hills Dr Rd Creek Cave Light rail line Roosevelt Union Hills Dr E 56th St Mayo Clinic See light rail map on reverse for details. Phoenix Campus E Foothills Paradise Valley 101 R I-E 12th Street Aquatics Center Ave 27th 17 Community College RAPID stops only at these RAPID route(s) Buckeye Road 59th Ave 59th Arrowhead Ave 57th points and at transit centers. -
THE MACERICH COMPANY (Exact Name of Registrant As Specified in Its Charter) MARYLAND 95-4448705 (State Or Other Jurisdiction (I.R.S
Macerich Wrap 09 Proof 7 | 03.24.10 Page MacerichMacerich Wrap Wrap09 09Proof Proof 7 | 03.24.10 7 | 03.24.10 Page Page MacerichMacerich Wrap Wrap 09 09 CoverProof Art 7 || 03.24.1003.24.10 BackPage MacerichMacerich Wrap Wrap 09 09 ProofCover 7 Art| 03.24.10 | 03.24.10 Page Page This will be the inside back cover. ThisThis is is the the back back cover cover >> Spine is set at 0.375” wide. CoverThis Pageis the front cover. b 1 5 PBCover a PB Macerich 2009 Annual Report Financial Highlights Corporate Information (all amounts in thousands, except per share and per square foot amounts) 2009 2008 2007 2006 2005 Principal Outside Counsel Macerich Website Stock Exchange Listing Operating Data O’Melveny & Myers LLP For an electronic version of this New York Stock Exchange Los Angeles, California annual report, our SEC filings Symbol: MAC Total revenues $ 805,654 $ 880,871 $ 800,842 $ 737,311 $ 648,636 and documents relating to The common stock of the Company is listed Shopping center and operating expenses $ 258,174 $ 281,613 $ 253,258 $ 230,463 $ 200,305 Independent Auditor corporate governance, please and traded on the New York Stock Exchange Management companies’ operating expenses $ 79,305 $ 77,072 $ 73,761 $ 56,673 $ 52,840 visit www.macerich.com. Deloitte & Touche LLP under the symbol “MAC.” The common stock REIT general and administrative expenses $ 25,933 $ 16,520 $ 16,600 $ 13,532 $ 12,106 Los Angeles, California Corporate Headquarters began trading on March 10, 1994, at a price of Net income (loss) available to common stockholders $ 120,742 $ 161,925 $ 64,131 $ 217,404 $ (93,614) $19 per share.