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Pearlridge Center Hawaii PEARLRIDGE CENTER HAWAII 98-1005 Moanalua Rd., Aiea, HI 96701 TABLE OF CONTENTS Market Snapshot Location By the Numbers Local Landscape Property Highlights Portfolio Events and Activations MARKET SNAPSHOT In early 2019, Located in Aiea, a census-designated place in the city and county of Honolulu, Hawaii, Pearlridge the $30 million Center draws residents from central and west Oahu and is not dependent on the fluctuating travel industry. The property’s location provides proximity renovation of to employment centers as well as a strong residential base. West Oahu is one of the fastest-growing regions in the state and has become one of the most sought- Pearlridge Makai after places in which to live and work. Honolulu is the capital, largest city, and main airport and seaport of the Hawaiian Islands. was completed. Honolulu and the surrounding area’s steady population and job growth is driven primarily by The renovation tourism and government (military) sectors. The region is also working to attract more high technology companies, providing a truly diverse employment enhanced foundation. Nearby is Joint Base Pearl Harbor / Hickam, which has 12,597 civilians employed on base and which contributes significantly to the mall’s Pearlridge Center customer base. Pali Momi Medical Center is a major employer located right outside the shopping center, bringing additional customers into the mall. customers’ The University of Hawaii - West Oahu, with enrollment of 3,400 students (and anticipating 20,000 students shopping and by 2020), is located 10 miles west of the property. Waikiki Beach is a major tourist destination on the island, as is the Pearl Harbor Visitors Center, dining experience. comprised of the USS Arizona Memorial, Battleship Missouri Memorial, USS Bowfin Submarine Museum, and Pacific Aviation Museum. LOCATION Oahu, the Hawaiian cultural “Gathering Place” and an area with both cosmopolitan luxury and breathtaking scenery. Pearlridge Center, on the northeast quadrant of Kamehameha Highway and Kaonohi Street, offers outstanding visibility and access to both Kamehameha Highway (Route 99), one of Oahu’s major commercial thoroughfares, and Interstate 1, the busiest interstate in Hawaii. Approximately 87,000 vehicles pass Pearlridge Center each day. The town center is divided into district components that are easily accessible by foot or by the property’s monorail, which offers expansive views of Hawaii’s iconic Sumida Watercress Farm and historic Pearl Harbor. The property’s location also provides proximity to major employers and a robust residential base. Pearlridge Center is 10 miles north of Honolulu, the state capital, largest city, and main airport and seaport of the Hawaiian Islands. Tourism and governmental/military work are driving the city and surrounding area’s steady population and job growth. West Oahu is one of the most sought-after places in which to live and work. As the region works to attract more high technology companies, it will provide a truly diverse employment foundation. TRADE AREA CENTER INFORMATION BY THE NUMBERS KAHUKU TRADE AREA = 80% of customers RADIUS DEMOS PACIFIC OCEAN Population Pearlridge Center | 3 Mile 106,097 Aiea, HI HAUULA 5 Mile 200,606 10 Mile 687,505 MOKULEIA X COMPETITION Households WAIALUA 3 Mile 33,881 1. Waikele Premium Outlets KAAAWA 5 Mile 62,546 O 5th WAIANAE Barney’s 10 Mile 234,466 RANGE Armani Exchange KAALA Michael Kors Avg. Household Income 2. Ka Makana Ali’I 3 Mile $123,281 10 MI KANEOHE Macy’s BAY H&M 5 Mile $119,624 Gap 10 Mile $118,568 Banana Republic 750 H2 KAHALUU MAKAHA 3. Ward Centers Median Age OAHU Nordstrom Rack 3 Mile 37.1 5 MI Ross 5 Mile 36.9 Sports Authority MALI 3 MI 10 Mile 38.7 4. Ala Moana H3 KANEOHE Neiman Marcus H1 Nordstrom Total Annual Macy’s Consumer Expenditures 5. Windward Mall 10 Mile $21.5B Macy’s AIEA WAIMANALO Sears Sports Authority Experian, 2023 Projection MOUNT OLYMPUS 6. Royal Hawaiian Center Apple Forever 21 Hermes Fendi 7. Kahala Mall Macy’s MAMALA HONOLULU Barnes & Noble BAY Whole Foods WAIKIKI Apple LOCAL LANDSCAPE EAT H1 1. Kabuki Restaurant & 3 Delicatessen 2. Teddy’s Bigger Burgers 3. Gyotaku 8 Japanese Steakhouse* 1 PLAY 4. Pearl Harbor* 7 2 SHOP 1 5. Pearl Kai Shopping Center 6 6. West Ridge Shopping Center 7. Ashley Furniture HomeStore 8. Best Buy OTHER 9. Sumida Family 9 Watercress Farm 6 10. Kapliolani Medical Center RD MOANALUA KAMEHAMEHA HWY 10 *Not Shown PROPERTY HIGHLIGHTS GLA 1,302,760 ANCHORS Makua - Macy’s, Ross Dress for Less, TJ Maxx, Makai Wai - Sears, Pearlridge Mall Theaters, Longs Drug Store, DSI Renal KEY RETAILERS Makua - Over 75 small shop retailers including Ann Taylor, Bath & Body Works, Express, Forever 21, Sephora, Torrid, and Victoria’s Secret Makai Wai - Over 55 small shop retailers including Champs Sports, Hot Topic, Inspiration Furniture and Zumiez DINING/RESTAURANTS California Pizza Kitchen, Chili’s, Anna Miller’s Restaurant, Applebee’s Grill + Bar, Big City Diner, Uncle’s Fish Market and Grill, Gen Korean BBQ WHAT’S NEW Recent openings include TonyMoly, F45 Training, Ben & Jerry’s, Uncle’s Fish Market and Grill, Gen Korean BBQ House, Dunkin’ Donuts, and Inspiration Furniture. EVENTS, ACTIVATIONS & BRAND PARTNERSHIPS We are focused on the unique experience we create at each of our town centers. By providing a mix of things to do and things to buy, our properties deliver the right combination of tenants, activities and events to keep shoppers engaged and returning often. Our centers serve as incubators for new and growing brands that want to test in new markets. Our exclusive eCommerce platform, Tangible, illustrates that retail is no longer defined by four walls. In addition to traditional bricks and mortar, we allow tenants access to our entire portfolio via targeted digital media strategies, unique sponsorhsip opportunities and pop-up shops. We support local and curate accordingly. Between concert series, well-being initiatives, common area activations and dynamic programming, our portfolio-wide event cadence creates and drives traffic to our properties. We engage our shoppers in person and online. In addition to property activations, we have broad national reach via our digital and social platforms. BY THE NUMBERS: 300M 3000 Annual Guests Unique Events 700K 21M+ Email Subscribers Emails Sent 160+ 85M Social Media Accounts Social Impressions 41K Average 72K Monthly Property Reach Reviews 13.6M Property Page Views 80% 46% Mobile Users 5 Star Reviews Note: 2018 Portfolio-Wide Data CONTACT LEASING DEVELOPMENT Sean McMahon Dan Scott 480.270.8127 614.887.5953 [email protected] [email protected] SPECIALTY LEASING BRAND PARTNERSHIPS Nikkirae Padilla Brian Ciccone 808.203.2355 614.887.5760 [email protected] [email protected] WASHINGTONPRIME.COM.
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