Market Information

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Market Information Market Information n Located in Birmingham, Alabama, the largest DMA in Alabama, Riverchase Galleria is the #1 tourist attraction in the state attracting an estimated 15 million visitors n annually. The entire project encompasses a 1.7 million-square-foot shopping center, a 330-room The Hyatt Regency Birmingham - The Wynfrey Hotel, and a 300,000-square- n foot Class A office building. Birmingham is ranked as one of the “Top 10 U.S. Cities for Entrepreneurs” (Inc. magazine), #8 in the nation as the best place for future success of a business n (Cognetics) and as a Top 10 Fortune 500 Headquarters city. L o c a t i o n It’s the largest multi-use project in the southeastern n United States. Located at hub of 3 major highways: Interstate 65, Birmingham is home to one of America’s Best Hospitals Interstaten 459 and U.S. Highway 31 in 2009 - 2010 with 8 University of Alabama medical n n Tuscaloosa, Alabama 58 miles programs among the nation’s top 50 and 6 among the top 25. n Montgomery, Alabama 90 miles n The center is surrounded by a highly affluent five-county Huntsville, Alabama 102 miles n area. Atlanta, Georgia 147 miles Birmingham-Hoover is ranked 48th SMSA in the country with a 6% average increase in population growth per year. RIVERCHASE GALLERIA MARKET INFORMATION T h e C e n t e r Trade Area/Demographics Two-level, 1,700,000-square-foot super regional mixed-use DEMOGRAPHICS TRADE AREA 10 MILE center that boasts five anchor stores, more than 200 specialty 2014 Population 537,809 120,238 stores, several full-service restaurants, a 620-seat food 2019 Projected Population 554,156 124,445 court, a 330-room hotel featuring Shula’s Steak House, and a 14-story, 300,000-square-foot Class A office building, the 2014 Avg. Household Income $72,988 $91,840 GalleriaAnchor Office TowerTenants 2014 Households 214,442 49,356 Median Age 37.1 37.3 Contact Information Belk, JCPenney, Macy’s, Sears, Von Maur, The Hyatt Regency BirminghamFeatured - The WynfreyTenants Hotel and Galleria Office Tower SeniorVicePresidentofLeasing Woody Rush Abercrombie & Fitch, American Eagle, Bare Escentuals, 334 260 2524 t Brighton Collectibles, Forever 21, Francesca’s Collection, 334 260 2535 f Godiva, Hollister Co., J. Jill, LEGO, LOFT, Michael Kors, [email protected] SephoraMajor and Victoria’sEmployers Secret n riverchasegalleria.com n n University of Alabama at Birmingham n AT&T n Regions Bank n St. Vincent’s Health System Mercedes-Benz U.S. International Blue Cross Blue Shield RIVERCHASE GALLERIA GENERAL INFORMATION/DEMOGRAPHICS The Plaza at Riverchase Galleria Galleria Boulevard Highway 150 Galleria Office Tower Highway 31 RIVERCHASE GALLERIA AERIAL / RETAILERS SEARS TBA STIX FED EX PEP BOYS CALIFORNIA PIZZA KITCHEN J ALEXANDER’S JARED ON TAP RESTAURANT OLIVE NATIONAL GARDEN TIRE & BATTERY OUTBACK STEAKHOUSE BONEFISH GRILL RIVERCHASE GALLERIA S I T E P L A N ±113 sf RIVERCHASE GALLERIA LOWER LEVEL LEASE PLAN RIVERCHASE GALLERIA UPPER LEVEL LEASE PLAN.
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  • Charlotte, North Carolina
    CHARLOTTE, NORTH CAROLINA PROPERTY OVERVIEW CHARLOTTE PREMIUM OUTLETS® JOINT VENTURE WITH TANGER OUTLETS CHARLOTTE, NC MAJOR METROPOLITAN AREAS SELECT TENANTS Charlotte: 8 miles Charlotte Premium Outlets is a modern, beautiful center with a strong mix Winston Salem: 80 miles of retail brands including Saks Fifth Avenue OFF 5TH, American Eagle Columbia, SC: 88 miles Outfitters, Banana Republic Factory Store, Brooks Brothers Factory Store, Coach Factory Store, kate spade new york, Michael Kors Outlet, Nike Factory Store, Under Armour, and many more. RETAIL GLA (sq. ft.) 399,000; 100 stores TOURISM / TRAFFIC Charlotte is the second-largest banking center in the U.S. behind New OPENING DATES York City. Additionally, 291 of Fortune’s Top 500 Companies have one or more facilities in the region. Top companies including Sprint, Siemen’s, Opened July 31, 2014 SouthEastern Freight, Armstrong, and BASF are within 10 miles of the center. The Charlotte metro area attracts over 18 million visitors annually. Local development in the western section of the Charlotte market near CHARLOTTE PREMIUM OU TLETS PARKING RATIO the center, called the “River District,” is slated to create approximately 4,000 apartments and single-family homes, and eight million square CHARLOTTE, NC 5.5:1 feet of retail space, restaurants, hotels, and parks. Charlotte/Douglas International Airport, just seven miles from the center, is the fifth- RADIUS POPULATION busiest airport in the nation. Charlotte Premium Outlets offers a strong taxi program to transport tourists to and from the airport during layovers 15 miles: 1,108,653 and partners with surrounding visitor bureaus and hotels to offer Shop & 30 miles: 2,181,101 Stay packages.
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  • LARGEST RETAIL Centersranked by Gross Leasable Area
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  • Northwoods Mall N
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  • Edia Ig H Lig H Ts
    GRAND PRAIRIE DEVELOpmENTS CULLINANPROPERTIES.COM Von Maur's Dry Goods to add 12 stores LEE NEWS SERVICE Mar 1, 2018 TS H DAVENPORT, Iowa — Dry Goods, owned by Von Maur, will open a new location in Peoria as part of a 12-store expansion of the brand. "We are excited to continue driving the tremendous success Dry Goods has experienced with the opening of several new locations throughout the year, LIG and we look forward to delivering a distinctive shopping experience to shoppers across the country," Jim von Maur, president of Von Maur, said. H The chain also has a department store in Normal. IG Dry Goods USA, a subsidiary of the Davenport-based Von Maur, first introduced the brand in 2010 with a store in Aurora. Today, a total of 27 Dry Goods stores operate in eight states. H Stores will open in the spring at The Shoppes at Grand Prairie, Peoria; Polaris Fashion Place and Tuttle Crossing, both in Columbus, Ohio; and West Acres, Fargo, N.D. Stores opening in summer will be NorthPark Mall in Davenport, Iowa; Westroads Mall, Omaha; Crossroads Mall, Kalamazoo, Mich.; The Greene, Dayton, Ohio; St. Louis Galleria and West County Center, both in St. Louis, Mo. Fall openings are set for Columbia Mall, Columbia, Mo.; and Summit Mall, Akron, Ohio. EDIA Demographic Summary In a news release, von Maur added "Our merchandise assortment is perfect for young customers wanting to create a look inspired by the latest fashion M trends." Dry Goods caters to young women with its ever-changing selection of apparel, accessories and gifts in an inviting store atmosphere.
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  • Riverchase Galleria\Sp-Lp-Mpp\3974-Sp1. :4/1/2014W,VA
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  • COVID-19 Response – Updated 6/3/20 on June 4Th, Von Maur Will Have 100% of Our Stores Open in the Communities That We Serve
    COVID-19 Response – Updated 6/3/20 On June 4th, Von Maur will have 100% of our stores open in the communities that we serve. I am grateful for the response we have received from customers and appreciate your ongoing support of Von Maur. Together, we are upholding the practices that we know will help to ensure the safety of everyone in our communities. Just as we had to weigh the decision to open, individuals have to weigh their personal decision to visit our stores. Your patience has been instrumental as we adapt to our changed shopping environment. Social distancing, limited occupancy and hours, and altered high touch services like makeovers and lingerie fittings have all contributed to the safety measures taken for both employees and customers. I’m sure in the coming months, more changes will be made to support the new way we must do business. However, our commitment to customer service will remain steadfast. No matter how long before you feel comfortable to shop with Von Maur again, be confident in knowing that we will be right here, in your community, waiting to greet you with a smile. Warm Regards, Jim von Maur Updated List of Store Openings: State City Location Opening Date Returns Accepted Alabama Hoover Riverchase Galleria Friday, 5/1/20 Monday, 6/1/20 Georgia Alpharetta North Point Mall Friday, 5/1/20 Monday, 6/1/20 Atlanta Perimeter Mall Friday, 5/1/20 Monday, 6/1/20 Buford Mall of Georgia Friday, 5/1/20 Monday, 6/1/20 Illinois Forsyth Hickory Point Mall Friday, 5/29/20 Monday, 6/8/20 Glenview The Glen Town Center Friday, 5/29/20 Monday, 6/8/20 Lombard Yorktown Center Friday, 5/29/20 Monday, 6/8/20 Moline SouthPark Mall Friday, 5/29/20 Monday, 6/8/20 Normal The Shoppes at College Hills Friday, 5/29/20 Monday, 6/8/20 Orland Park Orland Square Friday, 5/29/20 Monday, 6/8/20 St.
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  • B E & K Industrial Svc 1306 Amoco Dr Wando SC 29492 County: Berkeley
    B E & K Industrial Svc Ph: 843-820-000 1306 Amoco Dr Wando Paper dyes; spandex fibers; specialty SC 29492 County: chemicals for rubber mfg industry. Berkeley Year Established: 1970 Ph: 843-881-5241 Full time employees: 365 Wholesale trade durable goods Year Established: 2000 BB&T of South Carolina Full time employees: 100-249 Box 935 Charleston SC 29402 BAE Systems County: B, C, D 4355 Bridge View Dr Ph: 843-720-5100 North Charleston SC 29405 www.bbandt.com County: Charleston Ph: 843-529-3800 Banking & financial services Wholesale trade durable goods Year Established: 1995 Year Established: 1995 Full time employees: 110 Full time employees: 100-249 Behr Heat Transfer Systems, Inc. BAE Systems North America 4500 Leeds Ave, Ste 101 5862 North Rhett Ave Ext North Charleston SC Hanahan SC 29406 29405 County: Charleston County: Berkeley Ph: 843-745-1233 Ph: 843-747-1490 www.behrgroup.com www.na.baesystems.com Manufacturer of engine cooling systems Systems design and integration services Year Established: 1988 Full time employees: 200 Full time employees: 400 Baker Motor Co Belk - Citadel Mall 1511 Savannah Hwy 2069 Sam Rittenberg Blvd. Charleston SC 29407 Charleston SC 29407 County: Charleston Ph: County: Charleston Ph: 843-571-5420 843-852-4000 Retail www.belk.com Retail department store Year Established: 2001 Full time employees: 100-249 Year Established: 1981 Full time employees: 130 Bank Of America Belk - Northwoods Mall 2222 200 Meeting St. Northwoods Blvd. North Charleston SC 29401 Charleston SC 29406 County: Charleston County: Charleston Ph: 843-720-4888 Ph: 843-797-2600 www.bankofamerica.com www.belk.com Banking & financial services Retail department store Year Established: 1986 Year Established: 1973 Full time employees: 275 Full time employees: 145 Banks Construction Co.
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  • Total Mall Store GLA(2)
    Mall Store Year of Sales Percentage Year of Most Total per Mall Opening/ Recent Our Total Mall Store Square Store GLA Anchors & Junior Mall / Location Acquisition Expansion Ownership GLA (1) GLA(2) Foot (3) Leased (4) Anchors (5) Post Oak Mall 1982 1985 100% 774,922 287,397 374 92 % Beall's, Dillard's Men & College Station, TX Home, Dillard's Women & Children, Encore, JC Penney, Macy's, Sears Richland Mall 1980/2002 1996 100% 685,730 204,505 355 95 % Beall's, Dillard's for Waco, TX Men, Kids & Home, Dillard's for Women, JC Penney, Sears, XXI Forever South County Center 1963/2007 2001 100% 1,044,247 311,381 352 92 % Dick's Sporting Goods, St. Louis, MO Dillard's, JC Penney, Macy's, Sears Southpark Mall 1989/2003 2007 100% 672,902 229,642 346 95 % Dick's Sporting Goods, Colonial Heights, VA JC Penney, Macy's, Regal Cinema, Sears Turtle Creek Mall 1994 1995 100% 845,946 192,559 320 98 % Belk, Dillard's, Garden Hattiesburg, MS Ridge, JC Penney, Sears, Stein Mart, United Artist Theater Valley View Mall 1985/2003 2007 100% 844,193 285,175 342 100 % Barnes & Noble, Belk, Roanoke, VA JC Penney, Macy's, Macy's for Home & Children, Sears Westmoreland Mall 1977/2002 1994 100% 999,641 303,802 323 96 % Bon-Ton, JC Penney, Greensburg, PA Macy's, Macy's Home Store, Old Navy, Sears, former Steve & Barry's York Galleria 1989/1999 N/A 100% 764,710 227,493 343 94 % Bon-Ton, Boscov's, York, PA JC Penney, Sears Total Tier 2 Malls 26,924,263 9,339,625 $ 339 95% TIER 3 Sales < $300 per square foot Alamance Crossing 2007 2011 100% 875,368 205,428 $ 234 77 %
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  • In the United States District Court for the Middle District of Alabama
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  • Governor Awards $4.1 Million to Install Electric Vehicle Charging Stations
    FOR IMMEDIATE RELEASE Thursday, June 10, 2021 Governor awards $4.1 million to install electric vehicle charging stations MONTGOMERY —Gov. Kay Ivey has awarded 18 grants to help bring Alabama motorists into the electric vehicle age. The grants totaling more than $4.1 million will help finance the installation of electric vehicle charging stations at many fueling stations near interstates and other major highways and corridors in central and north Alabama. Other types of businesses and public entities were also eligible for awards. “We have begun the journey of transforming vehicles operated by fossil fuels into those powered by electricity, and it’s important that motorists be able to charge their vehicles when traveling along the interstate and other major highways in Alabama” Gov. Ivey said. “Many of the vehicles manufactured right here in Alabama plants have already begun this transition, and it is exciting to come onboard with these projects to support these vehicles as they become more readily available and more Alabamians choose to drive them.” The grants will be used to fund up to 80 percent of the cost of the charging stations. Funds for the projects came from the Volkswagen Settlement Plan and the Alabama Legislature. The VW settlement arose from an agreement with the U.S. Environmental Protection Agency regarding VW’s violation of the federal Clean Air Act. Alabama was among states receiving settlement funds. The Interstate-20 corridor from the Alabama-Georgia border to Tuscaloosa was outlined in the Alabama Electric Vehicle Infrastructure Plan as the ideal site for charging stations. The plan, which outlines goals and priorities for establishing charging stations in Alabama, cited I-20 as a priority because of its link to Atlanta and because that area of Alabama, which includes the populous Jefferson County metro area, has the highest concentration of electric vehicles in the state.
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  • Availability Report
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  • Walmart,Von Maur,Target and Heart of America Foundation,Target,Saks
    Walmart Walmart Stores, Sam’s Clubs & Neighborhood Markets Since 1987, Walmart has hired S. M. Wilson & Co. to build new Walmart stores, Sam’s Clubs and Neighborhood Markets across the country. S. M. Wilson has provided construction services for more than 60 stores in Missouri, Illinois, Kansas, Iowa, Indiana, Arkansas, Arizona, Colorado and Tennessee. Von Maur Department Stores In June 2009, S. M. Wilson began construction on the first Missouri Von Maur store located at The Meadows in Lake St. Louis. This was the firm’s first time partnering with Von Maur. Since the completion of The Meadows store, S. M. Wilson has also constructed a 142,950 SF store in Alpharetta, Georgia; a three-story, 234,0000 SF store Dunwoody, Georgia; a three- story, 187,000 SF store in Hoover, Alabama; a 162,000 SF store in Oklahoma City, Oklahoma; a 165,000 SF remodel in Buford, Georgia and a 152,750 SF store in Brookfield, Wisconsin. The firm is currently constructing a new store in Grand Rapids, Michigan and a renovation in Chicago, Illinois. Von Maur is a high-end retailer with a focus on comfort, convenience and customer service. Target and Heart of America Foundation Target School Library Makeover Program S. M. Wilson & Co. have teamed up with Target and the Heart of America Foundation for their Target School Library Makeover Program. The program transforms elementary school libraries by remodeling the library spaces, revitalizing technology, replenishing book shelves and by renewing community support and interest in enriching student lives and helping students regain lost opportunities for learning.
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