TANNERSVILLE, PENNSYLVANIA

Transcription

1 TANNERSVILLE, PENNSYLVANIA

2

3 PROPERTY OVERVIEW THE CROSSINGS PREMIUM OUTLETS TANNERSVILLE, PA MAJOR METROPOLITAN AREAS SELECT TENANTS New York City Metro: Philadelphia Metro: RETAIL GLA (sq. ft.) 412,000; 100 stores OPENING DATE 70 miles 70 miles Opened July 1991 Expanded 1993, 1995, 1999, 2004 PARKING RATIO 4.75:1 RADIUS POPULATION 15 miles: 198, miles: 809, miles: 2,280,132 AVERAGE HH INCOME American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Brooks Brothers Factory Store, Calvin Klein, Coach Outlet, Converse, Finish Line, Gap Factory, J.Crew Factory, kate spade new york, Michael Kors, Movado Company Store, Nautica Factory, Nike Factory Store, The North Face, Polo Ralph Lauren Factory Store, Tommy Hilfiger Company Store, Toys R Us Outlet, Under Armour, White House Black Market TOURISM / TRAFFIC The Crossings Premium Outlets is located in the heart of the Pocono Mountains of Northeastern Pennsylvania and is a year-round vacation destination. The Pocono Mountains encompass 2,400 square miles covering four counties of wooded peaks and valleys offering over 72,000 acres of state forests, rivers, lakes, and some of the most scenic waterfalls on the East Coast. The center is situated among an abundance of local area attractions and accommodations including four indoor water park resorts, conference centers, five ski resorts and lodges, and vacation communities. Visitors to the area typically pass the center on the way to their hotel, resort, or other accommodations making the center an easy stopping point on their trip. The area is a favorite for outdoor enthusiasts providing a variety of activities including skiing, golfing, gaming, antiquing, horseback riding, fishing, canoeing, hiking, and camping. This region includes over 80% of the state s resorts, earning $1.5 billion in gross revenues and employing over 18,000 workers. The Crossings Premium Outlets is the largest outlet center in Northeastern Pennsylvania and offers tax-free savings on shoes and clothing year round Exit Tannersville THE CROSSINGS PREMIUM OUTLETS TANNERSVILLE, PA 209 PA Delaware Water Gap NJ miles: $76,721 LOCATION / DIRECTIONS The Crossings Premium Outlets is located directly off I-80, Exit 299 with an average daily vehicle count of 58,600. The center is within a one-hour drive from New York City, northern New Jersery, Philadelphia, and Connecticut. Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

4 MASTER PLAN AMERICAN EAGLE OUTFITTERS SR 611 THE NORTH FACE SULLIVAN TR. POLO RALPH LAUREN FACTORY STORE LEVEL II NIKE FACTORY STORE GAP FACTORY BANANA REPUBLIC FACTORY STORE NORTH I-80 REEBOK CLASSIC

5 AERIAL OVERVIEW SR 715 SR 611 I-80 SULLIVAN TR. NORTH

6 SURROUNDING AREA CENTERS Simon Centers Competition 1 The Crossings Premium Outlets 2 Laurel Mall 3 Lehigh Valley Mall 4 Liberty Village Outlet Marketplace 5 The Mall at Steamtown 6 Palmer Park Mall 7 Phillipsburg Mall 8 Promenade Shops at Saucon Valley 9 Rockaway Townsquare 10 The Outlets at Sands Bethlehem 11 The Shoppes at Flemington 12 The Shoppes at Montage 13 The Shoppes at Union Hill 14 South Mall 15 The Streets of Chester 16 Stroud Mall 17 Viewmont Mall 18 Wyoming Valley Mall Le Raysville Montrose Liberty Accord Kerhonkson Callicoon owanda Hortonville Napanoch South Fallsburg roe Union Dale Hop Bottom Woodridge Ellenville Ga Wyalusing Monticello Cragsmoor Smallwood Laceyville Forest City Watchtower Nicholson Vandling Meshoppen Bethany Rock Hill Pine Bush Narrowsburg Wal w Albany Simpson Prompton Carbondale Honesdale Wurtsboro Tunkhannock Factoryville Bloomingburg Walde Waverly 45 MILES White Mills Dushore Lake Winola Dalton Jermyn Fawn Lake Forest Montgomery Clarks Green Blakely Maybrook Clarks Summit Dickson City Jessup Hawley OtisvilleWashington Heights West Falls 17 Beav Mechanicstown Throop The Hideout Washin te Noxen Taylor 5 Mount Cobb Wallenpaupack Lake Upper Exeter Estates 30 MILES Goshen Mountai Old Forge Port Jervis Harveys Lake Matamoras Pittston Avoca Moosic 12 Moscow Pocono Woodland Lakes Kiryas Pikes Creek Florida Shavertown Browntown Sunrise Lake Unionville Ha Jamison City Courtdale Walton Park Chase Yatesville Eagle Lake Pocono Springs Silkworth Conashaugh Lakes Hudson Warwick Plymouth Wilkes-Barre Big Bass Lake Birchwood Lakes Waller 18 Gouldsboro Vernon Valley Greenwood Lake West NanticokeGeorgetown 15 MILES Sussex Benton Vernon Center Sheatown Tuxedo Pa Glen Lyon Bear Creek Village Pocono Ranch Lands Mountainhome Stillwater Highland Lake Branchville Hamburg Sloatsbu Shickshinny Nuangola Mountain Top Rohrsburg Hillburn Jonestown Mocanaqua Pocono Pines Pine Ridge Ross Corner Penn Lake Park Mount Pocono Crandon Lakes Ringwood Saw Creek Franklin Foundryville Emerald Lakes Ramsey Orangeville East Side Ogdensburg Nescopeck Newton Lightstreet Hickory Hills White Haven Holiday Pocono 1Penn Estates Oakland Al orn Pardeesville Freeland Espy Almedia Albrightsville Lake Mohawk Sierra View Arlington Heights Marksboro Andover Bloomingdale Conyngham Lattimer Jeddo Midla ert Mainville 2 Indian Mountain Lake Stroudsburg 16 Johnsonburg Hopatcong Kinnelon Riverdale West Hazleton awissa Weatherly Delaware Water Gap Hainesburg Nuremberg Byram Center Lake Telemark Beaver Meadows Prospec Oneida Brodheadsville Columbia Hope Allamuchy Mount Arlington Slabtown Delaware Netcong Rockaway Boonton Elm Sheppton Kelayres 9 East Bangor Numidia Brandonville Roseto Mountain Lake Victory Gardens Singac Clifton Nesquehoning Jim Thorpe Ringtown Delano Wind Gap Bangor Hackettstown 13 mber Two Shenandoah Heights Bridgeville Succasunna Morris Plains Caldwell Weissport Brookd Grier City Lansford burton Number One Ackermanville Beattystown Essex Fells Hometown Tamaqua Bowmanstown Belfast Hutchinson Morristown ng Ashland Port Murray Englewood Chester Brainards Port Colden 15 Florham Park Silver La Tuscarora Walnutport Long Valley Mendham Gordon Chapman Tatamy Lavelle Cherryville Slatedale East N Harmony Broadway Chatham Heckscherville Cumbola Bath Califon Harrison Peapack and Gladstone rys Lake Mechanicsville Laurys Station Seltzer Upper Stewartsville Asbury West Easton Far Hills New Providence Kenilworth McKeansburg Cementon 6 Branchdale Mount Carbon New Tripoli 7 Phillipsburg High Bridge North Catasauqua Watchung Roselle Park Schnecksville Alpha Bloomsbury Lebanon Fanwood Eliz Donaldson Landingville Cressona Freemansburg Garwood Tremont Deer Lake Kempton Fullerton 3 Finesville Clinton White House Station Friedensburg Fountain Hill Rahway Cetronia 10 Green Knoll Carter Ravine Lake Wynonah Port Clinton Riegelsville Middlesex Iselin Avenel Lenhartsville Dorneyville Milford Raritan New Pine Grove Summit Station Edenburg Trexlertown South Bound Brook Fords 8 Sewaren Kutztown DeSales University Frenchtown Weston Schubert Shoemakersville Virginville Flemington Middlebush Perth Amboy Topton Alburtis Coopersburg 4 Millstone Strausstown 11 Centerport Lyons Mertztown East Franklin Belle Mead South Amboy Richlandtown 11 Rehrersburg Madison Park Leesport Walnuttown Dryville Hereford Harlingen Franklin Park Milltown Bernville Nort urg Mount Aetna Temple Milford Square East Greenville Skillman Ten Mile Run Matawan Trumbauersville Key South Temple Bally Stockton Blawenburg Pennsburg Plumsteadville Dayton Brownville Oley d Hill Stouchsburg Perkasie Myerstown Hyde Park Bechtelsville Red Hill Dublin Lambertville Hopewell Kingston Helmetta Morganville Womelsdorf Princeton Jamesburg Hebron Colony Park Silverdale ona New Hope Green Lane Robertsville Springmont Jacksonwald Boyertown Telford Pennington Plainsboro Center Whittingham Montrose Manor Woxhall Lawrenceville Cranbury New Britain Englishtown

7 OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Stroud Mall Stroudsburg, PA Palmer Park Mall Easton, PA 424,000 sf Bon-Ton, JCPenney, Sears 10 miles / 15 minutes 454,000 sf Bon-Ton, Boscov s 35 miles / 35 minutes The Mall at Steamtown Scranton, PA 564,000 sf Boscov s 40 miles / 50 minutes Viewmont Mall Scranton, PA 743,000 sf JCPenney, Macy s, Sears 40 miles / 50 minutes Wyoming Valley Mall Wilkes-Barre, PA 911,000 sf Bon-Ton, JCPenney, Macy s, Sears 40 miles / 50 minutes Lehigh Valley Mall Whitehall, PA Rockaway Townsquare Rockaway, NJ 1,181,000 sf Boscov s, Macy s, JCPenney 45 miles / 55 minutes 1,246,000 sf Lord & Taylor, Macy s, JCPenney, Sears 50 miles / 55 minutes OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Liberty Village Outlet Marketplace Flemington, NJ 162,000 sf Coach, Michael Kors 68 miles / 1 hour 18 minutes Philadelphia Premium Outlets Limerick Township, PA 549,000 sf Neiman Marcus Last Call, Nike, Restoration Hardware 81 miles / 1 hour 41 minutes

8 60 Columbia Road Building B 3rd Floor Morristown, NJ (973) premiumoutlets.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).