Leasing Package - Trademark Property Company

market street
THE WOODLANDS, TX
Market Street – The Woodlands is the premier
leisure and shopping destination for the affluent
and growing northern suburbs of Houston.
The Woodlands is one of the nation’s largest and
fastest growing master - planned communities.
Market Street’s unique ambiance and collection
of upscale and premier retailers is an intimate
oasis nestled amongst 2 million square feet of
shops, businesses and dining.
tenant mix
North Houston’s finest collection
ALEX & ANI
ALLEN EDMONDS
BROOKS BROTHERS
CALYPSO ST. BARTH
CLUB MONACO
COSBAR*
J. CREW
J. CREW MEN’S
JOHNNY WAS*
KATE SPADE
L’OCCITANE
LULULEMON
MADEWELL
MICHAEL KORS
SUR LA TABLE
THOMAS MARKLE FINE JEWELER
(AUTHORIZED ROLEX DEALER)
TIFFANY & CO.
TOMMY BAHAMA*
TRINA TURK*
TUMI
VINEYARD VINES*
*INDICATES FIRST TO HOUSTON MARKET STORE
houston market map
MARKET STREET - THE WOODLANDS
F
A
E
B
C
D
DRIVING DISTANCE FROM
MARKET STREET TO:
MILES
DRIVE TIME
(MIN)
A
HOUSTON PREMIUM OUTLETS
22
55
B
HOUSTON GALLERIA
30
45
C
HIGHLAND VILLAGE
35
40
D
RIVER OAKS DISTRICT
33
38
E
IAH AIRPORT
19
28
F
EXXON MOBIL CAMPUS
4.4
6
Houston trade area income map
MARKET STREET THE WOODLANDS
EXXON
MOBIL CAMPUS
IAH AIRPORT
HOUSTON
GALLERIA
TRADE AREA
INFORMATION
(2016)
MARKET
STREET
TRADE
AREA
HOUSTON
MSA
Average HH Income
$104,247
$88,221
HH Inc $75K+
%
140,875
51.2%
1,003,394
41.9%
HH Inc $100K+
%
103,277
37.5%
721,872
30.2%
HH Inc $150K+
%
57,902
21.0%
381,603
16.0%
Population
756,830
6,707,795
houston market
DEMOGRAPHIC COMPARISON
HOUSTON
DALLAS/FT
WORTH
MIAMI
ATLANTA
PHOENIX
6,707,795
7,147,216
6,060,896
5,730,707
4,583,008
12.8%
9.7%
7.2%
7.7%
8.6%
Average HH Income
$88,211
$85,565
$75,803
$81,406
$75,364
HH Inc $100K+
721,872
759,184
509,680
569,252
410,619
30.2%
29.1%
22.4%
26.6%
23.8%
381,603
372,069
241,975
277,212
181,413
16.0%
14.3%
10.6%
13.0%
10.5%
221,201
200,903
136,355
150,818
95,931
HH Inc $200K+ %
9.2%
7.7%
6.0%
7.0%
5.6%
Education(Bach+)%
31.1%
32.6%
29.2%
35.9%
29.1%
MSA COMPARISON
Population (2016)
Projected Pop Growth Rate (2020)
HH Inc $100K+%
HH Inc $150K+
HH Inc $150K+ %
HH Inc $200K+
(source: AGS)
Houston lands the No. 1 spot on Forbes’ annual list of America’s Fastest-Growing Cities.
—Forbes’ January 2015
the market street
trade area
• Forbes’ names Houston “#2 Fastest Growing Cities” - 2016
• In 2014, Houston issued more residential building permits than the state of California - The Economist, March 2015
• Since the 2010 census, Houston has grown 6.9%, which is the 3rd largest
increase in the nation’s metros of 1+ million people – faster than any
other top 10 metro area
• By 2017, Houston is forecasted to have a 15% increase in population
• Only 2 anchored centers within 20 minutes compared to an average
of 10 for other luxury centers
• 2nd lowest cost of living among U.S.’s 20 largest metro areas
AN AGGRESSIVELY GROWING EMPLOYMENT BASE
• Home to eight of Houston’s 25 Fortune 500 companies including
Anadarko, Exxon Mobil, Chevron Phillips, Baker Hughes, Huntsman,
Maersk Line, FMC Technologies, and Halliburton
• The Woodlands currently has 4.9M SF of Class A office inventory
with 590,000 SF under construction
• The Woodlands is home to more than 1,700 companies, 100 of which
are large corporations with more than 40,000 employees, all located
within three miles of Market Street
Houston added 120,000 jobs between October 2013 and October 2014
—Houston Business Journal, Dec 15, 2014
energy capital
EXXON’S $1 BILLION INVESTMENT
• Beginning in 2014, more than 16,000 corporate Exxon
employees moved to the 385-acre office complex just
three miles from Market Street –The Woodlands
• The arrival of Exxon will create the need for an additional 40,000+ jobs in the retail, housing, restaurant, building
trade and service industries
• Exxon is ranked second in Fortune 500
• Energy Capital of the world-40 of the nation’s top 145
publicly traded oil and gas companies are based here,
including 11 of the largest 25 that call Houston home
• Houston is the leading city in the U.S. for corporate
relocations
• The Woodland’s market supports 85,000 high-paying energy
engineering jobs
who is our shopper?
• The average Market Street shopper visits the center
48 times a year. Shopping visits dramatically increase
to 68 times a year for customers with household
incomes greater than $200,000
• The Woodlands average household income is
$95,463 per year
• 62 percent of shoppers are female, 56 percent of
whom have children at home
• More than 36 percent of The Woodlands shoppers
visit the Houston Galleria, but only visit four times a
year, largely due to distance – 74% never go
• 77% of the Woodlands Mall shoppers cross–shopped
at Market Street, but shoppers make 38% more trips
to Market Street than to the Woodlands Mall
• Market Street–The Woodlands was the obvious choice
for any quality Westheimer-area store looking to
open a second location
(source: Gentleman McCarty Shopper Intercept Research)
international gateway
MEXICAN NATIONALS
• Most earn more than $150K per year with a significant group
earning more than $300K per year
• Most Mexican nationals are making a 50–60% down payment
on the purchase of a new home, as expendable cash is the
norm with this consumer group
• They travel in groups and spend, on average, between $7,000–$10,000 per visit
• 3 million Mexican national visitors a year, 80% of whom come
to shop
• Many Mexican nationals have second homes in The Woodlands
• 39% of Houston realtors have international clients, mostly
Mexican nationals
HOUSTON AIRPORTS
• The Woodlands is 21.5 miles from the George Bush
Intercontinental Airport (IAH)
• Houston airport system served over 53 million passengers
(2015)
• 9.8 million international passengers annually - a 9.2% increase from 2013
• IAH is the 4th largest international passenger gateway in the
U.S.
• IAH had 31 million passengers fly domestically in 2014
(source: Viva Magazine, Gentleman McCarty research, Houston Chronicle)
the market street
trade area
LUXURY CARS & AN AFFINITY FOR UPSCALE LIFESTYLE
• There are 12 luxury dealerships within 10 miles of Market Street–The
Woodlands, including Porsche, BMW, Ferrari, Lamborghini,
Mercedes and Jaguar
• The greater Woodlands area registered 11,889 luxury vehicles
• Luxury vehicle registrations represent over 14% of total
vehicle registrations
• The year-over-year luxury car sales growth was more than 15.6%
and exceeded the Houston market growth of 11.3% by a significant
margin
the woodlands
town center
1 Market Street - The Woodlands
2 Hyatt Market Street-The Woodlands
16
3 The Woodlands Mall
4a Cinemark At Market Street
14
45
4b Cinemark Tinseltown 17
5 The Woodlands Waterway Marriott
Hotel & Convention Center
• The 70,000 sf convention center hosts
a variety of events – 90% being oil
and gas conventions – with approximately
225,000 annual attendees.
6 The Woodlands Waterway
7 Cynthia Woods Mitchell Pavilion
• Holds 16,040 people
• 55-85 performances each year
• Featured performers include Dave
3
Matthews Band, Kelly Clarkson, Elton John,
1
Lady Antebellum and Taylor Swift, as well
4a
2
as serving as the summer home for
both the Houston Symphony and the
Houston Ballet
• 1 million visitors annually
4b
8 Anadarko HQ (4,800 employees)
8
7
12
9 Waterway Square
5
10 Waterway Lofts Condominiums
9
6
11 Waterway Village Town homes
13
12 Boardwalk at Towncenter (345 units)
10
13 The Westin at The Woodlands
11
14 Hilton Garden Inn
15 Exxon Mobil Campus (4.4 miles South)
15
16 Hughes Landing (1.5 miles North)
market street — the woodlands
9595 Six Pines Drive | The Woodlands, Texas 77380
Kara Rafferty | [email protected]
Trademark Property Co.
1701 River Run, Suite 500, Ft. Worth, TX 76107
MAY2016
O: 214.365.9523