The Mall at Partridge Creek

The Mall at Partridge Creek Clinton Township, (Detroit) An industry’s world headquarters deserves a world- class retail district. Fortunately for Macomb County, Michigan, it is the home of the US auto industry, and it has The Mall at Partridge Creek - the open-air

TROY, MI

center that has become the de facto downtown for STERLING HEIGHTS, MI

one of the most affluent areas in the state. US

CANADA Beautifully designed, family and dog-friendly, and 10 MILES DEARBORN, MI DETROIT, MI boasting amenities including heated walkways in winter, The Mall at Partridge Creek is home to first-in- state specialty stores, fine dining and entertainment. All serve an affluent market that continues to grow with the resurgence of Detroit, just 23 miles south.

It all rebounds here.

The Mall at Partridge Creek Clinton Township, (Detroit) Michigan • Open-air upscale regional center 23 miles northeast of Detroit

• Located on State Route 59, most-trafficked road in

• 9 in 10 retail tenants are unique to trade area

• Affluent Macomb County’s “downtown”

• Cooper’s Hawk Winery & Restaurant opening in 2018

Property Description

major roads State Route 59 (Hall Road) center description Open-air, one-level lifestyle center and Garfield Road anchors Nordstrom, Carson’s, and MJR Digital Cinema 14 total sf 600,000 key tenants L.L.Bean, J. Jill, Apple, Sur La Table, Vera Bradley, Cellar 59 Wine Bar, White House I Black Market, # of stores 90 Sephora, Brighton Collectibles, Swarovski, Lush, L’Occitane en Provence, Alex and Ani, Pandora, # of parking 3,200 P.F. Chang’s China Bistro, and Brio Tuscan

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek “We love the outdoors — even The Mall at Partridge Creek is an open-air affair and it’s dog-friendly, too.”

— VisitDetroit.com

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek • Family-oriented and dog-friendly upscale environment

• Dominant better fashion, dining and entertainment destination for northeast

• Amenities including Children’s Play Park, a TV Court and a 30-foot fireplace

• Home to high profile, first-in-state retailers and brands

Location, Location, Location Visible to 86,700 vehicles on State Route Closest upscale shopping center to 59, accessible to 116,900 cars on Interstate Canadian border entry at Port Huron 94, and 61,700 on Route 53 Boasts heated walkways for shopper 11.5 million visits annually comfort and safety in winter Nino Salvaggio International Draws from affluent communities includ- Marketplace adjacent to center ing and Rochester Hills

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek “A thriving cultural hub”

— MakeMacombYourHome.com • One of the fastest growing and most affluent regions in Michigan

• Diversified economy boosted by resurging US auto industry, national defense, engineering, research & development, advanced manufacturing and transportation

• Award-winning schools

Rebounding Region Primary trade area population increase More than 600 Macomb County of 22% since 2000 businesses awarded more than $1 billion in defense contracts Macomb County is the top Detroit market for single-housing permits with More than $6 billion in investments home prices ranging from $500,000 planned for 2016-2017 by auto to $2 million manufacturers 13 Fortune 500 companies are headquar- Nearly 150,000 students attend 27 tered in the region, including Ford, General colleges within 20 miles of the center Motors, TRW and Lear Corporation

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek • Growing trade area population of 907,000 residents Primary Trade Area Average Household Expenditures On Par • 30% of trade area households earn $100,000+ With US $2,663 on food away from • 43,300 daytime employees within 3 miles and home $1,999 on apparel 107,500 within 5 miles $1,064 on personal care products and services $875 on sports and • 80% home ownership recreation $649 on home furnishings

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Distance to Competition Driving – 3 mi, 7 min Driving – 12 mi, 16 min Driving – 17 mi, 24 min

Romeo Plank Road I-94 53 Village of Rochester Hills 25,600 AADT 116,900 AADT Driving – 16 mi, 19 min Village of Rochester Hills 61,700 AADT

ROCHESTER HILLS Route 59 86,700 AADT Lakeside Mall

TROY The Mall at Partridge Creek 19 Mile Road 17,000 AADT CHARTER TOWNSHIP STERLING HEIGHTS OF CLINTON

Somerset Collection Garfield Road 31,400 AADT Macomb Mall Legend Primary Trade Area WARREN Secondary Trade Area

USA Competition SOUTHFIELD

CANADA Access Roads (AADT= annual average daily traffic)

3 MILES COLEMAN A. YOUNG INT’L AIRPORT

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Area Attractions Lake St. Clair Edsel & Eleanor Ford House

53 Westview Orchards Winery & Adventure Farm 3 Freedom Hill Amphitheatre Macomb Center for the Performing Arts Wayne State University Crocker House Museum 59 The Mall at Partridge Creek Macomb Community College Oakland University Jimmy John’s Utica Ballpark

DTE Energy Colleges I-94 Macomb Community Ford Motor College Wayne State University CHARTER TOWNSHIP OF CLINTON Visteon Corp Oakland University STERLING HEIGHTS Baker College Combined Enrollment: 86,300

MASCO Baker College Legend TRW Automotive Primary Trade Area

Secondary Trade Area

Colleges

Key Employers 3 MILES

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Demographics PTA1 STA2 TTA3 US Avg Population 2017 estimate 410,148 496,807 906,955 The Mall at Partridge Creek is 2022 projection 425,256 503,518 928,774 the #1 thing to do in Clinton % growth 2017–2022 3.7% 1.4% 2.4% 3.8% Township Population White 84% 84% 84% 70% – TripAdvisor.com By Race Black 10% 7% 8% 13% Asian 3% 6% 5% 6% From upscale cosmopolitan Hispanic Ethnicity 3% 3% 3% 18% centers to quintessential Median Age 41 43 42 38 small towns and villages, % age 15-24 13% 13% 13% 14% Macomb County offers lifestyle choices for every % age 25 to 44 25% 23% 24% 26% taste and preference. % age 45 to 64 29% 30% 29% 26% –Macomb County Chamber of Commerce Households 2017 estimate 160,228 195,662 355,890 2022 projection 165,952 198,871 364,823 2017 households with kids under 18 33% 31% 32% 34% Average 2017 estimate $81,200 $90,652 $86,397 $80,853 Household % earning $75,000+ 43% 45% 44% 38% Income 2022 projection $88,829 $99,437 $94,612 $87,464 Education % college educated 62% 66% 64% 59%

1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 531 4,000 10,009 27,741 Employment daytime employment 6,281 43,278 107,512 331,043

1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Predominant Market Lifestyle Segments

Affluent Empty Nests—17% Cautious Traditionalists—16% • Upscale couples age 45+ • Over 55 year-old mix of with children singles and couples • College-educated holding • High rate of home ownership executive and professional • Fans of reading, home-based positions hobbies and travel • Disposable cash with active • Enjoy eating out at family lifestyles restaurants • Involved in the community • Pursue entertainment outside • Indulge in travel, cultural the home events, and exercise equipment

Accumulated Wealth—16% Conservative Classics—16% • Families & couples age 50+ • Upper-middle-class age 55+ • Upscale, college-educated • Childless singles and couples baby boomers • College-educated • Sprawling suburban homes • Enjoy comforts of home, • Disposable cash and gardening, reading, and sophisticated tastes entertaining • Enjoy top-of-the-line • Frequent patrons to electronics, sporting museums, the theater, and equipment, cars and casual-dining restaurants vacations

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Starwood Retail Partners: A New Kind Of Owner For A New Generation Of Retail

Starwood Retail Partners is not your father’s — or your grandfather’s — landlord. We’re acquiring, redeveloping, managing, leasing and operating the next generation of shopping centers for a new generation of shoppers: active, exciting community cores for an increasingly interconnected consumer.

Owned by Starwood Capital Group, we’ve grown our portfolio to 30 centers in 16 states across the United States since our founding in 2012, working with top-tier investment firms to help finance our properties, and employing the talents and skills of the most creative professionals in the business to maximize their value.

We build solid relationships and partner with our retailers to ensure that they are in the right property at the right time, with the right deal to support their success now and in the future. We invest in innovative technologies that help our properties become more productive, our stores more exciting and our shoppers more engaged.

We understand that ultimately, as an owner, as an employer and as a citizen of our communities, it’s not about property, it’s about people.

California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Chicago Ridge Mall Parkway Plaza Louis Joliet Mall Ohio Belden Village Mall Plaza West Covina The Promenade Bolingbrook / Senior Director, Leasing / 312.373.3586 / Solano Town Center Franklin Park Mall Hope Mathews Indiana Great Northern Mall [email protected] Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Bill Cikalo / Director, Big Box Leasing & Development / 312.283.5121 / Connecticut Hamburg Pavilion The Shops at Willow Bend [email protected] Blue Back Square Michigan Virginia Florida MacArthur Center Tim Martin / Director, National Restaurant and Entertainment Leasing – The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park East / 813.455.0651 / [email protected] Westland Mall Montana Washington Georgia Rimrock Mall Capital Mall Bryant Siragusa / Vice President, National Restaurant and Entertainment The Collection at Forsyth Kitsap Mall Leasing / 214.771.2003 / [email protected] Nebraska Gateway Mall Joe Nicchetta / Vice President, Leasing - East / 312.242.3182 / [email protected]

Sources: The Nielsen Company; State Department of Transportation; State and Local Economic Development Resources 02/12/18 Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com

THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek