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North Shore a Wealth of Opportunity

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North Shore a Wealth of Opportunity BUSINESS CARD DIE AREA 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). PEABODY (BOSTON), MASSACHUSETTS NORTH SHORE A WEALTH OF OPPORTUNITY Northshore Mall serves greater Boston’s growing and affluent North Shore market, as well as Southern New Hampshire’s coastal communities. — Nearby Salem, Massachusetts attracts visitors from all over the world to its historic sites. — With an above-average annual household income and populous area, the market offers a stable community of affluent shoppers. — From 2014 to 2019, the population is set to increase 4.7%. — Local universities and colleges, including Salem State University, which enrolls over 9,000 students, and Endicott College, which enrolls 4,900 students, have significantly expanded degree programs and on-campus housing. WHAT’S NEW AT NORTHSHORE MALL Northshore Mall is embarking on a major redevelopment that will dramatically reinvent its food offerings and exterior landscape. The multimillion-dollar project is slated for completion in April 2018. The first phase of this transformation will include two new delicious dining destinations at Northshore Mall. Bancroft & Co., a modern steakhouse, and Tony C’s Sports Bar & Grill, a unique sports-themed restaurant named to honor Boston Red Sox legend and North Shore native Tony Conigliaro, are both expected to open in Spring 2018. Additional highlights of the redeveloped dining district and significant exterior enhancements will include: — Two additional fast-casual dining concepts and one full-service restaurant with al fresco patio dining. — New outdoor seating to complement the new sophisticated exterior finishes and a fresh array of landscaping elements. — Renovated restrooms within the existing food area. — New way-finding signage throughout the property and a contemporary new entrance to the existing food area. — Outdoor stage for performances and events. A CHIC EXPERIENCE Shoppers at Northshore Mall enjoy an upscale shopping atmosphere with a distinctive selection of retailers. — More than 150 specialty stores and restaurants offer a variety of options, including jewelry, women’s apparel, and sporting goods. — Nearly 7,000 parking spaces provide ample parking year round. — Outlot tenants include Barnes & Noble, The Container Store, Shaw’s Supermarket, Toys “R” Us, and ULTA Beauty. BY THE NUMBERS Anchored by Five Department Stores Nordstrom, Macy’s, Macy’s Men’s, JCPenney, Sears Square Footage Northshore Mall spans 1,591,000 square feet. Two Levels Boasting more than 150 stores. Restaurants Six sit-down restaurants. 17 eatery options to satisfy a variety of tastes and offering a range of price points. IN GOOD COMPANY Upscale. Classic. Chic. Many fine brands have chosen Northshore Mall as their preferred location in greater Boston. — ALDO — Banana Republic — Burtons Grill — Chipotle Mexican Grill — Clarks — DSW — H&M — J.Crew — J.Jill — Legal Sea Foods — The Lego Store — Lush — Michael Kors — Na Hoku — Not Your Average Joe’s — Sephora — Starbucks — Talbots — Victoria’s Secret POSITIONED TO SUCCEED Northshore Mall is just 15 miles north of downtown Boston. 2016 556,567 2021 563,849 — The mall is conveniently located at the intersection of Routes 128 and 114 in Peabody, Massachusetts. — Upscale shoppers from northeast Boston and the New Hampshire Seacoast have access to the mall 2016 218,626 from both I-95 and US 1. 2021 221,654 — MBTA provides daily bus transportation to and from the mall, while Cape Ann Transportation Authority provides transportation to Northshore 2016 $99,227 Mall on Saturdays. 2021 $109,215 2016 234,008 2016 $446,834 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). DESTINATION SHOPPING Northshore Mall’s shopper base includes a large influx of tourists during the summer and fall. — During the summer, hundreds of thousands of tourists, both domestic and international, flock to the coastal towns and beaches, including Marblehead, Salem, Manchester by the Sea, and Gloucester. Beach vacations along the 30 miles of coastline are especially popular with families. — In October, Salem’s annual Haunted Happenings event series attracts hundreds of thousands, mostly domestic tourists. — Nearby Marblehead and Salem feature historic sites where visitors can explore important events from the American Revolution. Haverhill Methuen 7 Nashua 6 Methuen Town Rowley 9 Lawrence Ipswich Gloucester East Pepperell Boxford Andover 95 Rockport Topseld Lowell Essex 93 TRADE AREA BOUNDARY Danvers Wilmington Beverly 495 5 Lynneld 1 Littleton Common Reading Pinehurst Peabody 8 Salem Burlington Wakeeld Marblehead Woburn 2 Lynn Stoneham Swampscott 12Saugus Melrose Winchester Lexington West Concord Arlington Nahant Malden Maynard 95 Medford Revere Everett Chelsea Belmont Somerville Hudson Waltham Cambridge Watertown Town Winthrop Town N 3 0 5 Marlborough 90 11 4 MILES Cochituate Newton 10 Brookline Boston Framingham 1 Northshore Mall 5 Liberty Tree Mall 9 Pheasant Lane Mall TRADE AREA & COMPETITION 2 Burlington Mall 6 The Loop 10 The Shops at Chestnut Hill Simon Centers 3 Cambridgeside Galleria 7 The Mall at Rockingham Park 11 The Shops at Prudential Center Competition 4 Copley Place 8 MarketStreet Lynneld 12 Square One Mall SR 114 / ANDOVER ST. THE CONTAINER CROSS ST. STORE SMOKEY BONES MACY’S BAR & FIRE GRILL SEARS MACY’S FURNITURE LEGAL PROSPECT ST. & MEN’S STORE SEA FOODS NORTHSHORE MALL BARNES & NOBLE SHAW’S SUPERMARKET ULTA JCPENNEY BEAUTY NORDSTROM THE CHEESECAKE FACTORY TOYS “R” US ESSEX CENTER DR. SR 128 N AERIAL OVERVIEW ESSEX CENTER DR. KEY DEPARTMENT STORES ANCHOR STORES TOYS “R” US RESTAURANTS SHAW’S RETAIL ULTA SUPERMARKET GROCERY BEAUTY SR 128 / ESSEX CENTER RD. BARNES & NOBLE NORDSTROM MACY’S FURNITURE ST. PROSPECT & MEN’S STORE JCPENNEY MACY’S THE CHEESECAKE FACTORY SMOKEY BONES LEGAL BAR & FIRE GRILL SEA CHIPOTLE FOODS SEARS MEXICAN GRILL NOT YOUR AVERAGE JOE’S CROSS ST. THE CONTAINER STORE SR 114 / ANDOVER ST. N SITE PLAN SITE PLAN UNPRECEDENTED OPPORTUNITY Northshore Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Rich Lobkowicz (781) 449-0888 x2227 [email protected] 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG)..
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