Solano Town Center Fairfield, California When you live in one of the great tourist areas in the DAVIS, CA world, it’s tempting to keep looking for something
different. Unless of course you have everything you VACAVILLE, CA
need in your own backyard. NAPA, CA
FAIRFIELD, CA That’s Solano Town Center, the core of a community midway between San Francisco and Sacramento. The only enclosed regional mall within 30 miles, CONCORD, CA 10 MILES serving a growing market and its visitors, it provides BERKELEY, CA the best in shopping, entertainment and dining in one of the state’s greatest locations.
It’s everything Solano County and more needs and wants—right at home.
Solano Town Center Fairfield, California • Two-level super-regional mall
• Midway between San Francisco and Sacramento
• Close to Travis Air Force Base
• Only enclosed center in 30-mile radius
• A new Dick’s Sporting Goods in 2017
Property Description
major roads I-80 and Travis Boulevard center description Enclosed, two-level center anchors Macy’s, JCPenney, Sears, Best Buy, and total sf 1,050,000 Edwards Stadium 16-screen & IMAX Theater key tenants H&M, Forever 21, G by Guess, Pink, Aldo, # of stores 135 Disney Store, Charlotte Russe, Shoe Palace, Ulta, Finish Line, Men’s Wearhouse, Old Navy, # of parking 4,800 24 Hour Fitness, Buffalo Wild Wings, and Red Robin
THE CENTER THE MARKET STARWOOD Solano Town Center “A special place, with its inviting mix of rural and suburban lifestyles and easy access to all of the urban amenities associated with two of the nation’s most dynamic metropolitan regions.”
— SolanoCounty.com
THE CENTER THE MARKET STARWOOD Solano Town Center • Adjacent to Interstate 80
• Accessible to three-county trade area
• Major cinema complex, retail, food and services
• Diverse anchors offer fashion, electronics and entertainment
One-Stop Shop Serves a trade area of 618,500 people, Outparcels include major in-demand with growth projected to outpace other tenants US markets Extremely successful theater is regional draw Accessible to more than 190,000 Unusually wide variety of shops feature vehicles on Interstate 80 fashion, electronics, sporting goods, Growing market near state capital department stores and more Sacramento
THE CENTER THE MARKET STARWOOD Solano Town Center “Features more than 1 million square feet of retail space including a variety of popular restaurants and clothing boutiques.”
— The Reporter Visitor’s Guide • Seat of Solano County
• Employment base: pharmaceutical, manufacturing, military and agriculture
• Benefits from San Francisco, Sacramento and California wine country tourism
• Educated, affluent trade area
Strategically Situated Within five miles—124,800 residents 1 in 3 trade area households earn $100,000+ Within five miles—average household income of $87,300 Fairfield is a key location for the region’s wine industry, home to bottlers, Within five miles—42,000 daytime manufacturers and others. employees Paradise Valley and Rancho Solano golf 2 in 3 trade area residents are college courses have been honored by Golf educated Digest and greenskeeper.org
THE CENTER THE MARKET STARWOOD Solano Town Center • Blends urban, suburban and rural lifestyles Primary Trade Area Average Household • Thriving agriculture and corporate business economy Expenditures Above US $2,859 on food away from home • County sponsors family education and development $2,357 on apparel $1,096 on personal care programs products and services $1,020 on sports and • Solano County named to 100 Best Communities for recreation Young People by America’s Promise Alliance $702 on home furnishings
THE CENTER THE MARKET STARWOOD Solano Town Center Nut Tree Plaza Vacaville Premium Outlets VACAVILLE
Distance to Competition
113 Napa Premium Outlets NAPA Driving – 21 mi, 26 min Air Base Parkway Napa Premium Outlets 46,200 AADT TRAVIS Nut Tree Plaza AIR FORCE Driving – 12 mi, 15 min BASE Solano Town Center Travis Blvd Sunvalley Shopping Center FAIRFIELD 29,000 AADT Driving – 27 mi, 29 min Vacaville Premium Pennsylvania Avenue Outlets 16,300 AADT 12 Driving – 12 mi, 15 min
I-80 190,000 AADT
I-680
VALLEJO
Legend Primary Trade Area 43 MILES Secondary Trade Area
Competition
Access Roads
(AADT= annual average CONCORD 3 MILES daily traffic) Sunvalley Shopping Center
THE CENTER THE MARKET STARWOOD Solano Town Center I-505 VACAVILLE University of California, Davis Area Attractions (Davis) I-80 Napa and Suisun Valley wine country Six Flags Discovery Kingdom Cache Creek Casino Anheuser-Busch Brewery Jelly Belly Factory Vallejo Naval & Historical Museum The Clorox Company Travis Air Museum Travis Air Force Base Colleges Solano Town Center University of California, Davis
FAIRFIELD San Francisco State Solano Community Budweiser Brewing Co Jelly Belly (HQ) College Solano Community College 12 Combined enrollment: 62,300 I-80
Legend
San Francisco State University Primary Trade Area (San Francisco) Secondary Trade Area
Colleges
Key Employers
3 MILES
THE CENTER THE MARKET STARWOOD Solano Town Center Demographics PTA1 STA2 TTA3 US Avg Population 2017 estimate 430,240 188,234 618,474 “With its strategic location, 2022 projection 451,513 196,088 647,601 affordable housing, natural and % growth 2017–2022 4.9% 4.2% 4.7% 3.8% human resources, history of Population White 47% 75% 55% 70% responsible land use planning By Race Black 14% 1% 10% 13% and attractive quality of life, Solano County is entering the Asian 17% 3% 13% 6% 21st Century with a promising Hispanic Ethnicity 26% 35% 29% 18% future as a place to live, learn, Median Age 38 42 39 38 work and play.” % age 15-24 14% 12% 13% 14% — SolanoCounty.com % age 25 to 44 27% 24% 26% 26% % age 45 to 64 27% 27% 27% 26% Population density in Fairfield is Households 2017 estimate 147,899 71,028 218,927 1,046% higher than California 2022 projection 156,020 74,205 230,225 — AreaVibes.com 2017 households with kids under 18 39% 32% 37% 34% Average 2017 estimate $93,352 $104,034 $96,818 $80,853 Household % earning $100,000+ 34% 36% 35% 26% Rated as “extremely livable” Income 2022 projection $102,581 $116,487 $107,063 $87,464 — AreaVibes.com Education % college educated 65% 63% 64% 59% Nearby Rio Vista was the eighth 1-MILE 3-MILE 5-MILE 10-MILE fastest-growing city in California Business & business establishments 1,771 4,065 4,492 8,621 Employment in 2013 daytime employment 15,246 36,878 41,950 79,811 — California Department of Finance
1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area
THE CENTER THE MARKET STARWOOD Solano Town Center Predominant Market Lifestyle Segments
Conservative Classics—17% Accumulated Wealth—16% • Upper-middle-class age 55+ • Families & couples age 50+ • Childless singles and couples • Upscale, college-educated • College-educated baby boomers • Enjoy comforts of home, • Sprawling suburban homes gardening, reading, and • Disposable cash and entertaining sophisticated tastes • Frequent patrons to • Enjoy top-of-the-line museums, the theater, and electronics, sporting casual-dining restaurants equipment, cars and vacations
Affluent Empty Nesters—16% Cautious Traditionalists—14% • 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
THE CENTER THE MARKET STARWOOD Solano Town Center 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 Plaza West Covina The Promenade Bolingbrook Belden Village Mall Solano Town Center Franklin Park Mall Indiana Great Northern Mall Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Patrick Kellner / Director, Leasing / 412.315.9328 / Connecticut Hamburg Pavilion The Shops at Willow Bend [email protected] Blue Back Square Michigan Virginia Florida Fairlane Town Center MacArthur Center Bill Cikalo / Director, Big Box Leasing & Development / 312.283.5121 / The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park [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 Naumann Idrees / Vice President, Leasing – West / 312.265.7046 / [email protected]
Sources: The Nielsen Company; State Department of Transportation; State and Local Economic Development Resources 02/13/18 Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com
THE CENTER THE MARKET STARWOOD Solano Town Center