BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A...

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MILPITAS (SAN JOSE), CALIFORNIA

Transcript of BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A...

Page 1: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

BUSINESS CARD DIE AREA

Information as of 5/1/16

5425 Wisconsin Avenue, Suite 300 Chevy Chase, MD 20815 (301) 968-6000 simon.com

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). MILPITAS (SAN JOSE), CALIFORNIA

Page 2: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

MILPITAS HIGH-TECH CENTRALGreat Mall® serves the affluent East Bay area between the San Jose and San Francisco markets. Combined, these two markets serve a population of 6.3 million people with the most affluent population for any market of this size.

— A $2.3 billion South Bay BART and Light Rail Extension is being constructed adjacent to the property, opening mid-2017.

— In addition, 6,000+ new residential units are already occupied and another 5,200+ residential units are under construction within one mile of Great Mall.

— The population of Milpitas is expected to increase 30% or more over the next 30 years. The unemployment rate is just 3.3% as of February, 2017.

— Located three miles from Levis Stadium, home to Super Bowl 50, and five miles from the new Avaya Stadium, home to the 2016 MLS All-Star Game and to the San Jose Earthquakes. The center is just eight miles from SAP Center, home to the San Jose Sharks.

— Milpitas is part of the Silicon Valley with Cisco Systems, SanDisk, LifeScan, Inc., JDS Uniphase, and Adaptec all headquartered there. The new Apple campus is slated to be four miles from Great Mall.

Page 3: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

GOOD VALUE GREAT STYLE

Great Mall, the largest outlet and value-retail shopping, dining, and entertainment destination in Northern California, provides the ultimate shopping experience with more than 200 outlet and value-retail stores.

Page 4: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

Anchored by Seven Major RetailersNeiman Marcus Last Call, Saks Fifth Avenue OFF 5TH, Marshalls, Burlington, Kohl’s, Bed Bath & Beyond, UNIQLO

Square FootageGreat Mall spans 1,366,000 square feet.

Single LevelBoasting more than 200 specialty stores.

EntertainmentFeatures a 20-screen Century Theatres and Dave & Buster’s, the number one location in the U.S.

BY THENUMBERS

Page 5: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

IN GOODCOMPANY

Distinctive. Classic. Chic.

Many fine brands have chosen Great Mall as their preferred location in the East Bay market.

— Banana Republic — Coach — Columbia Sportswear

— Gap Outlet — J.Crew — Levi’s Outlet Store — Steve Madden — Tommy Hilfiger

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POSITIONEDTO SUCCEED

The Great Mall property is irreplaceable real estate located in Milpitas, California, just north of San Jose.

— Strategically located a half mile between I-680 and I-880 at the Great Mall Parkway and Route 237.

— Great Mall is located about seven miles north of San Jose and 46 miles southeast of San Francisco.

— VTA Light Rail and bus terminal adjacent to the property.

— The mall is located five miles from San Jose International Airport.

— Both a Courtyard Marriott and TownePlace Suites are adjacent to the property.

— BART and BART/VTA Montague Expressway transfer station will open mid-2017.

20162021

1,605,0551,629,225

20162021

521,974

533,268

2021 $121,9672016

2016

$114,376

921,084

2016 $890,026

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

Page 7: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

Buena Vista

Seven Trees

Fruitdale

West Menlo Park

Cambrian Park

Alum Rock

North Fair Oaks

Cherryland

Emerald Lake Hills

Monte Sereno

Loyola

Highlands-Baywood Park

Ashland

Colma

East Foothills

East Palo Alto

Fairview

Millbrae

Boulder Creek

Lexington Hills

Atherton

San Bruno

San Carlos

Campbell

Burlingame

Hillsborough

Los Altos

f Moon Bay

Portola Valley

Cupertino

Woodside

Morgan Hill

Saratoga

Mountain View

Dublin

Milpitas

Newark

Castro Valley

San Leandro

San Mateo

Union City

Foster City

Brisbane

Tracy

Pleasanton

Sunnyvale

Livermore

Palo Alto

South San Francisco

Sunol

Redwood City

Hayward

Fremont

San Jose

2

10

3

6

9

1

4

7

125

11

8

280t

880

680

580

TRADE AREA BOUNDARY

N0 5

MILES

1 Great Mall 2 Eastridge 3 Hillsdale Shopping Center 4 Newpark Mall

5 Santana Row 6 San Francisco Premium Outlets 7 The Shops at Tanforan 8 Southland Mall

9 Stanford Shopping Center10 Stoneridge Mall11 West�eld Oakridge12 West�eld Valley Fair

TRADE AREA & COMPETITION

Simon CentersCompetition

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AERIAL OVERVIEW

GREAT MALL

OLD NAVY

CENTURY THEATRES

OFF BROADWAY SHOE WAREHOUSE

GREAT MALL PKWY.

SAKS FIFTH AVENUE OFF 5TH

I-680 / SINCLAIR FRWY.

MONTAGUE EXPY.

BURLINGTON

KOHL’S

SEARSAPPLIANCE

OUTLET

MARSHALLS

GROUP USACLOTHING CO. BEVMO!

H&M

NEIMAN MARCUS LAST CALL

BED BATH & BEYOND

FOREVER 21DAVE & BUSTER’S

S. MAIN ST

OLIVE GARDEN

NIKE FACTORY STORE

CUR

TIS

AVE.

GR

EAT M

ALL DR.

UNIQLO

SOUTHWEST AERIAL VIEW

N

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FAIRLANE DR.

MUSTANG DR.

GREAT MALL PKWY.

FALCON DR.

COMET DR.

ESC

ORT

DR.

GREAT MALL DR.

GRE

AT M

ALL

DR. DAVE & BUSTER’S

KOHL’S

CENTURYTHEATRES

FOREVER 21

BED BATH& BEYOND

SEARSAPPLIANCE

OUTET BURLINGTON

NIKEFACTORY

STORE MARSHALLS

OLIVE GARDEN

SAKS FIFTH AVENUEOFF 5TH

H&M

BEVMO!

GROUPUSA

CLOTHINGCO.

OLD NAVY

NEIMAN MARCUSLAST CALL

UNIQLO

KEYDEPARTMENT STOREANCHOR STORESRESTAURANTSRETAILTHEATERN

SITE PLAN

Page 10: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

UNIQUE OPPORTUNITY

Great Mall presents a unique opportunity for your brand.

Please contact the following leasing professional for more information.

Scott Sarti (708) 403-7870 [email protected]

Page 11: BUSINESS CARD DIE AREA - Simon Property Group · PDF fileBUSINESS CARD DIE AREA ... — A $2.3 billion South Bay BART and Light Rail Extension ... SEARS APPLIANCE OUTET BURLINGTON

5425 Wisconsin Avenue, Suite 300 Chevy Chase, MD 20815 (301) 968-6000 simon.com

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).