Southlake Mall Merrillville, Dominant powerhouse in a market , IL that offers urban, suburban and rural living

MICHIGAN CITY, IN ’s gathering GARY, IN place for shopping, dining and entertainment

VALPARAISO, IN A community full of families, CROWN POINT, IN Chicago commuters and educators INDIANA Strong performing stores and

restaurants 10 MILES

Southlake Mall Merrillville, Indiana Enclosed two-level super-regional mall

Four anchors and adjacent theater

More than 150 stores

The region’s retail hub with closest center 40 miles away

Property Description

major roads I-65 and US Highway 30 center description Enclosed, two-level center anchors Macy’s, JCPenney, Dick’s Sporting Goods, Kohl’s, , and AMC total sf 1,360,000 Showplace 12 # of stores 155 key tenants Build-A-Bear Workshop, Buckle, Bath & Body Works, Victoria’s Secret, H&M, Forever 21, Pink, Disney, Vans, Skechers, La Senza, # of parking 7,550 Buffalo Wild Wings, and Cooper’s Hawk Winery & Restaurant

THE CENTER THE MARKET STARWOOD Southlake Mall “Northwest Indiana’s best shopping, dining and entertainment destination for the whole family.”

— Crossroads Regional Chamber of Commerce

THE CENTER THE MARKET STARWOOD Southlake Mall Located 35 miles southeast of Chicago, along Indiana’s I-65 corridor

Home to some of the most successful stores and restaurants in their chains

Diverse mix of fast-casual and sit- down dining

A Captive and Captivated Market Accessible to 140,000+ vehicles daily Large trade area of 700,000 people on adjacent roads Lower sales tax than metro Chicago The only enclosed center in the second largest county in Indiana

THE CENTER THE MARKET STARWOOD Southlake Mall THE CENTER THE MARKET STARWOOD Southlake Mall Lake County is a leading job growth engine in the Midwest

Economy dominated by scientific, professional, oil, healthcare, and higher education

Pro-business community

Strong housing growth

City Opportunities, Small Town Lifestyle 24% PTA household growth since 30,700 daytime employees within three 2000 vs. 11% Indiana miles 77% PTA home owner­­ship with 17,000+ college students in the market low cost of living

THE CENTER THE MARKET STARWOOD Southlake Mall Orland Square (Orland Park) Distance to Competing GARY I-90 HAMMOND Regional Malls I-94 PORTAGE Orland Square Driving – 41 mi, 45 min ILLINOIS INDIANA

HOBART Merrillville Plaza Driving – 0.8 mi, 4 min Mississippi Street 16,200 AADT River Oaks Center CHICAGO HEIGHTS Driving – 22 mi, 30 min MERRILLVILLE Merrillville Plaza VALPARAISO

Southlake Mall Hwy 30/East Lincoln Hwy 65,400 AADT

CROWN POINT

I-65 75,200 AADT

Legend Primary Trade Area

Secondary Trade Area ILLINOIS INDIANA Competition

44.5 MILES Access Roads (AADT= annual average 3 MILES daily traffic)

THE CENTER THE MARKET STARWOOD Southlake Mall US Steel Corp

GARY I-90 HAMMOND Area Attractions Purdue University – PORTAGE Albanese Candy Factory Calumet Campus I-94 Deep River Waterpark Indiana University – Indiana University – Northwest US Steel Yard stadium Northwest (Admin) (minor league baseball)

53 HOBART Predominant Colleges

St. Mary Medical Center Purdue University – Calumet Campus Valparaiso University Indiana University – MERRILLVILLE 30 Northwest VALPARAISO 30 Combined enrollment: 17,600 NiSource (HQ) Valparaiso University Methodist Hospitals Southlake Mall

I-65 CROWN POINT

St. Anthony Medical Center Legend Primary Trade Area

Secondary Trade Area

Colleges

Key Employers 3 MILES

THE CENTER THE MARKET STARWOOD Southlake Mall Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 330,563 362,676 693,239 Exceptionally large trade 2024 projection 337,523 359,018 696,541 area of urban, suburban % growth 2019–2024 2.1% -1.0% 0.5% 3.6% and rural residents Population White 83% 63% 73% 70% By Race Black 9% 26% 18% 13% 1 in 3 households have Asian 1% 2% 2% 6% children under 18 Hispanic Ethnicity 12% 17% 14% 18% 1 in 3 PTA households earn Median Age 40 40 40 39 $100,000+ % age 15-24 14% 13% 13% 14% % age 25 to 44 25% 24% 24% 26% % age 45 to 64 27% 26% 27% 26% Households 2019 estimate 124,502 140,696 265,198 2024 projection 127,372 139,791 267,163 2019 households with kids under 18 34% 33% 34% 34% Average 2019 estimate $87,213 $71,185 $78,709 $89,646 Household % earning $75,000+ 47% 34% 40% 42% Income 2024 projection $95,605 $78,120 $86,457 $98,974 Education % college educated 57% 52% 55% 60%

1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 581 2,788 5,356 13,616 Employment daytime employment 10,205 30,737 52,594 134,329

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

THE CENTER THE MARKET STARWOOD Southlake 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 Parkway Plaza 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 Scott Wides / Director, Leasing / 406.860.5585 / 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 Southlake Mall