California Dreams

California Dreams

MANHATTAN BEACH, CALIFORNIA WHAT CALIFORNIA DREAMS ARE MADE OF THE NEW NOW UNDERWAY - $180 MILLION RENOVATION AND MANHATTAN VILLAGE EXPANSION TO RECREATE THE SHOPPING EXPERIENCE COMPLETED 2021 The new Manhattan Village will embrace and celebrate the local indoor-outdoor lifestyle, showcasing the sophisticated casual charm of Manhattan Beach. We are creating a place where neighbors and friends gather, socialize and celebrate life, expressing coastal living at its best. MANHATTAN VILLAGE PLAZA - COMPLETED 2020 MODERN LUXURY SPACE RECREATED ELEVATING THE EXPERIENCE OF DINING AND RETAIL IN MANHATTAN BEACH Situated in one of the nation’s wealthiest beach communities, Manhattan Village is a 44-acre, 573,000-square-foot mixed use center serving Los Angeles County’s affluent South Bay and Silicon Beach tech startup areas. At the heart of the redevelopment is a 53,300-square-foot expansion of curated open-air dining and retail space, adjacent to a fully renovated enclosed shopping center with an already strong tenant mix. A newly remodeled & expanded upscale Macy’s Women’s, Men & Home store opened 2019. When complete, the new Manhattan Village will be a 648,000-square-foot indoor-outdoor shopping experience introducing a coastal-chic, sophisticated atmosphere, embracing the allure and hometown feel of West Coast lifestyle. COASTAL LIVING AT ITS BEST A CURATED MIX APPLE WILLIAMS-SONOMA MAC COSMETICS MACY’S - NEW STORE CALIFORNIA PIZZA KITCHEN SEPHORA VICTORIA’S SECRET KIEHL’S TOMMY BAHAMA POTTERY BARN POTTERY BARN | KIDS ORIGINS GODIVA CHOCOLATIER HOLLY & HUDSON INDOOR / OUTDOOR REVIVAL A NEW CENTER LANDSCAPE WITH RETAIL AND DINING COMPLETED 2021 GRAND RE-ENTRY CENTER COURT ENTRANCE - COMPLETED 2019 CHEF-INSPIRED DINING COMING 2019 MANHATTAN VILLAGE REIMAGINED WE ARE PLEASED TO ANNOUNCE THE FOLLOWING RESTAURANTS JOINING MANHATTAN VILLAGE: The new Manhattan Village and its future open-air Plaza will feature ideal locations for chef-inspired restaurants, setting the tone for the laid back, but sophisticated vibe of this popular beach town. Dining sales exceeded $825 billion* nationally in 2018, bringing Manhattan Village to curate ideal locations for best-in-class culinary artists who not only create palate-pleasing menus but dining spaces that transport their guests. *Source: Restaurant Industry Outlook, 2018 AN ELEVATED DINING EXPERIENCE AN AFFLUENT TRADE AREA Population Average Household Income PRIMARY TRADE AREA PRIMARY TRADE AREA 151,041 $170,826 Total Households Median Age PRIMARY TRADE AREA PRIMARY TRADE AREA 64,519 41.4 Daytime Population PRIMARY TRADE AREA SECONDARY TRADE AREA TOTAL 91,180 242,370 333,550 Source: Esri Business Analyst, 2018 SILICON BEACH TECH CORRIDOR EMPLOYERS RECREATING THE SHOPPING EXPERIENCE Over 50,000 square feet of restaurants, specialty boutiques, entertainment and health/wellness completed 2020. The new Manhattan Village is situated in one of Los Angeles County’s wealthiest zip codes at the high-traffic intersection of Rosecrans Avenue and Sepulveda Boulevard. Just minutes from LAX, the nation’s second busiest airport overall. An estimated 125,000 cars pass by the shopping center daily. The quality of life achieved in this beach town setting has ranked it as the #2 Best Place to Raise a Family* in the Los Angeles area. Its highly–rated school district and outdoor healthy lifestyle continue to attract families with 27.6% of trade area households having children under the age of 18. As home to ‘urban chic’ professionals, major employers as well as national sports organizations have established a presence in this primary trade area. - Los Angeles Lakers new $80M training complex located in El Segundo - Toyota Sports Center, home to the LA Kings practice rink located in El Segundo TRADE AREA - Richard Branson’s VOX Space Headquarters located in El Segundo ATTRIBUTES - Skecher’s Corporate Headquarters located in Manhattan Beach - Tesla Design Center, Space X and AT&T Headquarters located in El Segundo - Other notable companies include Raytheon Company, Boeing Satellite System, Northrop Grumman, Chevron and WeWork. The new Manhattan Village is minutes away from “Silicon Beach,” the west side region of the Los Angeles Metropolitan area which is home to over 500 tech start-up companies and major technology companies such as: Google, Yahoo, YouTube, BuzzFeed, Facebook and AOL, just to name a few. *Comprehensive assessment of 15,711 U.S cities – re: local schools, safety, amenities, US Census data Niche.com Kristin Grove, Esq. Vice President JLL, National Retail Leasing +1 424 281 8349 [email protected] CA BRE License #02037096 jllretail.com Devin Klein Associate, Retail Brokerage Jones Lang Lasalle, Brokerage, Inc. T +1 310 595 3641 M +1 310 387 0303 [email protected] CA DRE License #01471525 ShopManhattanVillage.com © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof..

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