Plaza West Covina West Covina, (Los Angeles) California Prime location, strong demographics
Exceptional visibility and accessibility off Interstate 10
High-performing retailers combined PASADENA, CA with big box and traditional anchors
Loyal, family-focused community LOS ANGELES, CA CHINO, CA supported by a strong local economy
LONG BEACH, CA
ANAHEIM, CA
10 MILES
PlazaTHE CENTER West CovinaTHE MARKET STARWOOD WestName Covina, (Los Angeles) California Dominant super-regional center
Adjacent complex offers additional dining and services
Centrally positioned between Los Angeles, San Bernardino and Orange Counties
The one-stop shop for the San Gabriel Valley
Property Description
major roads I-10 between Vincent & center description Enclosed, two-level center Sunset Avenues anchors Macy’s, JCPenney, Sears, Best Buy, and Nordstrom Rack total sf 1,200,000 key tenants XXI Forever, H&M, Cotton On, Cotton On Kids, Disney Store, # of stores 175 G by Guess, MAC Cosmetics, PINK, Gen Korean BBQ House, Victoria’s Secret, Gold’s Gym, Lazy Dog Restaurant & Bar, # of parking 6,000 Lucille’s Smokehouse BBQ, DXL, and Red Robin
THE CENTER THE MARKET STARWOOD Plaza West Covina “An active and vibrant city with new and exciting projects”
— City of West Covina
THE CENTER THE MARKET STARWOOD Plaza West Covina Unique collection of big box and traditional retailers
Wide variety of dining and fashion options to serve a diverse market
Fitness and personal services round out the mix
Strong apparel sales, well above US average
Location, Selection On I-10 with visibility to 226,000 Close to I-210, I-605, Highways 60 vehicles daily and 57 20 miles east of Los Angeles on 13M square feet of nearby office space freeway to Palm Springs
THE CENTER THE MARKET STARWOOD Plaza West Covina THE CENTER THE MARKET STARWOOD Plaza West Covina Economy fueled by medical, media, manufacturing, and education
Strong employment and wage growth for professional, construction and health services
High-density population of families and upper-income households
SoCal Quality Trade area of 845,700 people 34% of households earn $100,000+ 1 in 2 households have children 68,700 daytime employees within under 18 3 miles
THE CENTER THE MARKET STARWOOD Plaza West Covina Distance to Competition Eastland Center Driving – 4 mi, 12 min Montclair Plaza ARCADIA Driving – 16 mi, 19 min Puente Hills Mall Westfield Santa Anita I-210 Driving – 9 mi, 18 min
LA/ONTARIO The Shops At Montebello South Vincent Avenue INT’L AIRPORT Driving – 11 mi, 19 min 48,000 AADT Westfield Santa Anita BRACKETT FIELD COVINA AIRPORT Driving – 13 mi, 25 min Plaza West Covina Montclair Plaza Eastland Center I-10 EL MONTE South Glendora Avenue 226,000 AADT West Covina Parkway 29,100 AADT 16,700 AADT POMONA Sunset Avenue 25,200 AADT The Shops At Montebello 60 CITY OF WALNUT 229,000 AADT INDUSTRY Legend
I-605 Primary Trade Area Secondary Trade Area Puente Hills Mall Competition WHITTIER Access Roads
(AADT= annual average daily traffic) 3 MILES
THE CENTER THE MARKET STARWOOD Plaza West Covina Colleges
Pasadena City College I-210 Mt. San Antonio College Pasadena City College Citrus College Azusa Pacific University California State I-605 Polytechnic – Pomona Citrus College Azusa Pacific University
San Gabriel Valley Newspaper Group Whittier College COVINA Concord Battery Corp (HQ) Citrus Valley Combined enrollment: 95,800 Medical Center Plaza West Covina I-10 I-10 EL MONTE West Covina Unified School District
Queen of the Valley Hospital California State Polytechnic – Pomona Mt. San Antonio College
60 CITY OF INDUSTRY WALNUT Legend Primary Trade Area
Secondary Trade Area
Colleges
Whittier College Key Employers 3 MILES
THE CENTER THE MARKET STARWOOD Plaza West Covina Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 361,894 483,764 845,658 Family-oriented with 2024 projection 369,874 495,290 865,164 households averaging 3.6 % growth 2019–2024 2.2% 2.4% 2.3% 3.6% people vs. 2.6 nationally Population White 46% 48% 47% 70% By Race Black 2% 2% 2% 13% 64% home ownership Asian 18% 23% 21% 6% Ethnically diverse Hispanic Ethnicity 71% 56% 63% 18% population Median Age 35 37 36 39 % age 15-24 14% 15% 14% 14% Consumer expenditures % age 25 to 44 29% 28% 28% 26% trend 15% to 25% above US % age 45 to 64 24% 25% 25% 26% average Households 2019 estimate 94,002 138,578 232,580 2024 projection 96,165 142,130 238,295 2019 households with kids under 18 50% 44% 46% 34% Average 2019 estimate $88,496 $97,573 $93,904 $89,646 Household % earning $100,000+ 33% 35% 34% 30% Income 2024 projection $99,366 $109,631 $105,489 $98,974 Education % college educated 45% 54% 50% 60%
1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 1,570 7,106 15,955 55,143 Employment daytime employment 14,865 68,663 170,247 492,824
1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area
THE CENTER THE MARKET STARWOOD Plaza West Covina Starwood Retail Partners 5th largest manager of regional malls in the US
30 malls and lifestyle centers, with locations in 11 of the top 20 DMAs
100 million+ combined annual visits
$95,400 trade area average household income
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 Connecticut Hamburg Pavilion The Shops at Willow Bend Kathy Tobin / Director, Leasing / 773.541.2870 ext.12870 / Blue Back Square Michigan Virginia [email protected] Florida Fairlane Town Center MacArthur Center The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Bill Cikalo / Director, Big Box Leasing & Development / Westland Mall Montana Washington 312.283.5121 / [email protected] Georgia Rimrock Mall Capital Mall The Collection at Forsyth Kitsap Mall Nebraska Brett Madden / Director, National Restaurant Gateway Mall and Entertainment Leasing / 214.448.5011 / [email protected]
Sources: The Nielsen Company (2019), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com
THE CENTER THE MARKET STARWOOD Plaza West Covina