4600 JONESTOWN RD, HARRISBURG, PA 17109

Transcription

1 4600 JONESTOWN RD, HARRISBURG, PA 17109

2 PROPERTY OVERVIEW COLONIAL PARK MALL HARRISBURG, PENNSYLVANIA PROPERTY TYPE Enclosed Center GLA (IN SQ. FT.) 739,066 LOCATION Located in the Pennsylvania state capital of Harrisburg, 105 miles west of Philadelphia and 80 miles north of Baltimore, Colonial Park Mall has served the area since The single-level mall is situated just four miles from downtown on Route 22, the most densely developed retail corridor on Harrisburg s East Shore. ANCHORS Bon-Ton, Boscov s and Sears KEY RETAILERS Over 60 small shop retailers including Bath & Body Works, Hollister Co., Kay Jewelers, Shoe Carnival, Victoria s Secret, Yankee Candle, Hibbett Sports DINING/RESTAURANTS Buffalo Wild Wings WHAT S NEW Shoe Carnival opened at the end of Additionally, Hibbetts Sporting Goods opened in December of 2016

3 PROPERTY AERIAL MAP COLONIAL PARK MALL HARRISBURG, PENNSYLVANIA I-83 84,000 VEHICLES / DAY I-81 74,000 VEHICLES / DAY COLONIAL ROAD 15,000 VEHICLES / DAY COLONIAL PARK CINEMA BOSCOV S EASTSHORE LIBRARY BON-TON SEARS LONGHORN STEAKHOUSE ROUTE 22 40,000 VEHICLES / DAY

4 TRADE AREA OVERVIEW COLONIAL PARK MALL HARRISBURG, PENNSYLVANIA COMPETITION 1. Colonial Commons 2. Paxton Towne Center 3. Shoppes at Susquehanna Marketplace 4. Capital City Mall 5. Harrisburg Mall RADIUS DEMOS Population 15 MI 10 MI 5 MI 5 Mile 163, Mile 345, Mile 479,844 4 Households 5 Mile 71, Mile 151, Mile 207,419 Avg. Household income 5 Mile $79, Mile $91, Mile $93,075

5 MARKET OVERVIEW COLONIAL PARK MALL HARRISBURG, PENNSYLVANIA Colonial Park Mall serves a trade area to the east of the Susquehanna River in Harrisburg, Pennsylvania in Dauphin County. Situated near the busy I-83 and Route 22 interchange, the mall benefits from great visibility along Route 22 (over 28,000 vehicles per day) and Colonial Road (13,000 vehicles per day) As the capital of Pennsylvania, Harrisburg s major employers include the state and federal government as well as the corporate headquarters for Rite Aid, Hershey Foods and Harsco Corporation. High-tech companies are expected to continue to drive this region s future economic growth and have helped this area transition from a manufacturing-based economy into the service sector. Marketwatch.com has named Harrisburg to its Best U.S. Cities to do Business list. Hershey Entertainment & Resorts, a local draw for tourism, is located less than 14 miles southeast of Colonial Park Mall. There are twenty hotels within five miles of the mall, including Best Western Premier The Central Hotel & Conference Center, Residence Inn Harrisburg Hershey and Hampton Inn Harrisburg, catering to the nearby tourism. The mall is in close proximity to local schools including Central Dauphin Middle School and Northside Elementary School

6 NATIONAL FOOTPRINT WITH LOCAL FLAVOR With 110 retail venues throughout the United States, Washington Prime Group is as American as apple pie. As a matter of fact, we are also as American as deep dish pizza in Chicago, vegan spring rolls in Malibu, El Paso Tex-Mex, Maryland crab cakes, Memphis barbecue and a Kansas City porterhouse. WHO WE ARE Washington Prime Group Inc. (NYSE: WPG) is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties. The Company combines a national real estate portfolio with an investment grade balance sheet, leveraging its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S. Our assets reach a wide range of consumers from Hawaii to Connecticut, to Minnesota to Florida and many places in between. A national platform and experienced team allow our retail partners to benefit from best-in-class operations, while local property management possess expert knowledge of the market.

7 REACHING THE CONSUMER Washington Prime Group is a leader in multiple retail shopping center categories with a nationwide portfolio. The company features some of the best retail properties in the country, attracting premium brands and first-to- market concepts with a focus on building the right mix of shopping and services, exclusive dining and unique entertainment at each center. The company s property-based leasing structure means each center is carefully designed and managed to attract and offer the best combination of tenants with a beautiful, well-maintained backdrop. In today s digital era, it is the things you can do at the mall but can t do online that bring shoppers back to our centers.

8 WASHINGTONPRIME.COM