CHERRY HILL MALL Cherry Hill, NJ
Transcription
CHERRY HILL MALL Cherry Hill, NJ
CHERRY HILL MALL Cherry Hill, NJ THE FACTS CHERRY HILL MALL $220 million redevelopment com pleted in 2009 successfully trans formed the property into the region’s fashion and dining destination. • 60% sales increase since redevelop ment (as of February 2016). • Cherry Hill Towers Retailers often select the mall as their entry into the market: Grand Lux Cafe, Seasons 52, The North Face, Henri Bendel and adidas. • Loews Cherry Hill Well-established trade area from surrounding counties and Center City Philadelphia; nearly 180,000 households earn $100,000+. • • • One Cherry Hill CHERRY HILL MALL Major employers in area reflect a stable and diverse economy; Cooper Health System, Virtua Health, Lockheed Martin, TD Bank and Campbell’s Soup, contribute to a daytime population exceeding 2.2 million. Parking Deck Unsurpassed visibility and accessibility at Haddonfield Road and Route 38, South Jersey’s busiest intersection; nearly 70,000 vehicles per day. AWARDS • 2010 Gold Medal (Building of America) • 2010 SADI Award (Retail Traffic) • 2010 MAXI Silver (ICSC) 2009 Best Commercial Project over $15 Million (GBCA) • • 2014 MAXI Gold & Silver (ICSC) • 2014 MAXI Silver (ICSC) MALL HIGHLIGHTS Center Size Inline GLA Year Opened Year Redeveloped Food Court 1,306,000 sf 689,000 sf 1961 2009 11 Units ANCHORS & JUNIOR ANCHORS Nordstrom Macy’s JCPenney The Container Store Crate and Barrel 138,000 sf 305,000 sf 174,000 sf 24,200 sf 34,300 sf RESTAURANTS & OUTPARCELS Bobby’s Burger Palace California Pizza Kitchen Grand Lux Cafe Seasons 52 Maggiano’s Little Italy The Capital Grille Bahama Breeze 3,500 sf 5,500 sf 8,600 sf 9,100 sf 16,500 sf 8,900 sf 9,800 sf FEATURED RETAILERS adidas Apple A|X Armani Exchange Banana Republic BCBG Forever 21 Garage H&M Henri Bendel HUGO BOSS J.Crew lululemon LUSH MAC Marciano Michael Kors The North Face PANDORA Pottery Barn Sephora Swarovski Teavana The LEGO Store Tumi True Religion Urban Outfitters Victoria’s Secret/Pink Williams-Sonoma CHERRY HILL MALL Located on Rte 38 and Haddonfield Rd 2000 Rte 38 Cherry Hill, NJ 08002 Latitude39.941059 Longitude-75.024932 TRADE AREA DEMOGRAPHICS Population 2,041,814 Households 777,114 Average Household Income $72,102 % of Households with incomes > $75K 35% Average Home Value $220,729 Median Age 36.4 Total Businesses 46,403 Daytime Population 2,258,185 Source: Sitewise 2015 200 South Broad Street Philadelphia, Pennsylvania 19102 215.875.0700 preit.com TRADE AREA CHERRY HILL MALL Cherry Hill, NJ April 5, 2016 CHERRY HILL MALL Cherry Hill, NJ April 5, 2016 CHERRY HILL MALL Cherry Hill, NJ April 5, 2016
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