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Southpark Mall Strongsville, (Cleveland) Ohio One of the Most Successful Centers in the Cleveland Area

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Southpark Mall Strongsville, (Cleveland) Ohio One of the Most Successful Centers in the Cleveland Area SouthPark Mall SouthPark Mall Strongsville, (Cleveland) Ohio One of the most successful centers in the Cleveland area Home to Northeast Ohio’s largest collection of retailers CLEVELAND, OH WESTLAKE, OH Epitome of one-stop shopping STRONGSVILLE, OH 15 miles south of downtown OBERLIN, OH Cleveland AKRON, OH 10 MILES SouthPark Mall Strongsville, (Cleveland) Ohio Super-regional center with a seven county draw Regional access offI-71 and I-80 Northeast Ohio’s largest retail destination Exceptional mix of shopping, dining and entertainment Property Description major roads I-71 & Highway 82 center description Enclosed, two-level center anchors Macy’s, JCPenney, Dillard’s, Kohl’s, total sf 1,650,000 Dick’s Sporting Goods, and Cinemark Theater # of stores 175 key tenants Francesca’s Collection, Chico’s, Loft, Soma, H&M, Dry Goods (opening soon), J.Jill, PINK, Sephora, Pandora, Vans, Hollister, # of parking 7,800 Michaels, DSW, Brown-Aveda Institute, and The Rail THE CENTER THE MARKET STARWOOD SouthPark Mall “Blends a bustling business community with small-town charm.” — City of Strongsville THE CENTER THE MARKET STARWOOD SouthPark Mall Six anchor center combines fashion and everyday staples Well-established mall for solid core of homeowners Home to new, in-demand specialty shops Defining Super-Regional Retail 170+ stores, restaurants and The Commons, and surrounding entertainment venues parcels, provide category-dominant retail, services and restaurants Highly visible location with 90,000+ vehicles daily on I-71 THE CENTER THE MARKET STARWOOD SouthPark Mall THE CENTER THE MARKET STARWOOD SouthPark Mall Within three miles: Average household income of $104,600 40% of households earn $100,000+ 54,700 residents and 25,800 daytime employees Where Cleveland Rocks and Rolls World’s leading medical centers, 700+ 28 higher-learning institutions with biotech/biomedical companies 210,000+ students Increase of 700,000 visitors each year, Growing conference location with 70% with more than 19M visitors in 2018 increase in booked room nights THE CENTER THE MARKET STARWOOD SouthPark Mall CLEVELAND Beachwood Place LAKEWOOD Crocker Park Westgate Distance to Competition I-71 NORTH Beachwood Place OLMSTED Driving – 32 mi, 37 min Great Northern Mall CLEVELAND PARMA HOPKINS Crocker Park INT’L AIRPORT Driving – 21 mi, 29 min The Shoppes at Parma I-80 MIDDLEBURG Great Northern Mall HEIGHTS Driving – 15 mi, 21 min Royalton Road/Route 82 Summit Mall 31,800 AADT SouthPark Mall Driving – 23 mi, 30 min 82 NORTH The Shoppes at Parma STRONGSVILLE ROYALTON Driving – 10 mi, 20 min Howe Road Westgate 16,000 AADT Driving – 14 mi, 22 min I-71 90,100 AADT I-271 42 Legend 24,200 AADT Summit Mall Primary Trade Area Secondary Trade Area Competition Access Roads (AADT= annual average daily traffic) 3 MILES THE CENTER THE MARKET STARWOOD SouthPark Mall I-71 Area Attractions NASA Glenn Research Center GM Metal Fabrication Rock and Roll Hall of Fame CLEVELAND HOPKINS PARMA & Museum INT’L AIRPORT Greater Cleveland Aquarium 42 JACK Casino Cleveland Baldwin Wallace University Cuyahoga Community College Playhouse Square Southwest General Strongsville Business & Health Center MIDDLEBURG I-80 Technology Park (largest HEIGHTS I-77 industrial park in NE Ohio) Colleges Baldwin Wallace University Cleveland Clinic – Strongsville Surgery Center Cuyahoga Community 82 STRONGSVILLE NORTH College ROYALTON Combined Enrollment: 31,300 SouthPark Mall Legend 42 Primary Trade Area I-71 Secondary Trade Area Colleges 3 MILES Key Employers THE CENTER THE MARKET STARWOOD SouthPark Mall Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 249,835 171,594 421,429 43% of PTA households 2024 projection 254,258 173,687 427,945 projected to earn $100,000+ % growth 2018–2023 1.8% 1.2% 1.5% 3.6% by 2024 Population White 93% 92% 92% 70% By Race Black 3% 3% 3% 13% Affordable cost of living Asian 3% 3% 3% 6% with 80% home ownership Hispanic Ethnicity 3% 4% 3% 18% 1 in 3 households have Median Age 43 44 44 39 children under 18 % age 15-24 13% 12% 13% 14% % age 25 to 44 23% 23% 23% 26% Consumer expenditures % age 45 to 64 30% 28% 29% 26% trend 10% to 20% above Households 2019 estimate 96,741 70,907 167,648 national average 2024 projection 99,059 71,994 171,053 2019 households with kids under 18 33% 29% 31% 34% Average 2019 estimate $102,888 $87,407 $96,340 89,646 Household % earning $100,000+ 39% 30% 35% 30% Income 2024 projection $112,837 $95,362 $105,482 $98,974 Education % college educated 65% 63% 64% 60% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 751 2,249 5,565 16,992 Employment daytime employment 8,277 25,778 66,108 212,850 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD SouthPark Mall 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 Blue Back Square Michigan Virginia Tony Verostko / Director, Leasing / 440.668.3665 / Florida Fairlane Town Center MacArthur Center [email protected] The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Westland Mall Montana Washington Bill Cikalo / Director, Big Box Leasing & Development / Georgia Rimrock Mall Capital Mall The Collection at Forsyth Kitsap Mall 312.283.5121 / [email protected] Nebraska Gateway Mall Jake Miller / Director, National Restaurant and Entertainment Leasing / 614.256.7385 / [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 SouthPark Mall.
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