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MISSION VALLEY...NEW YORK AREA Westfield Garden State Plaza Westfield South Shore Westfield...
Transcript of MISSION VALLEY...NEW YORK AREA Westfield Garden State Plaza Westfield South Shore Westfield...
MISSION VALLEY
CONNECTICUTWestfield MeridenWestfield Trumbull
NEW YORK AREAWestfield Garden State PlazaWestfield South ShoreWestfield SunriseWestfield World Trade CenterJFK InternationalNewark Liberty International
WASHINGTON D.C. AREAWestfield AnnapolisWestfield MontgomeryWestfield Wheaton
AUSTRIAVienna
Donau Zentrum Shopping City Süd
GERMANYCentrO - OberhausenGera Arcaden - GeraGropius Passagen - BerlinHöfe am Brühl - LeipzigMinto - MönchengladbachPalais Vest - RecklinghausenPasing Arcaden - MunichPaunsdorf Center - LeipzigRing-Center - BerlinRuhr Park - BochumWestfield Hamburg-
Überseequartier - Hamburg
CZECH REPUBLICPrague
Westfield ChodovBubnyCentrum Černý MostMetropole Zličín
FRANCEWestfield Carré Sénart - Greater ParisWestfield Euralille - LilleWestfield Forum des Halles - ParisWestfield Les 4 Temps - Greater Paris Westfield Parly 2 - Greater ParisWestfield Rosny 2 - Greater ParisWestfield Vélizy 2 - Greater Paris3 Pays - HésingueAéroville - Greater ParisBobigny 2 - Greater ParisCarrousel du Louvre - ParisCNIT - Greater ParisConfluence - LyonGalerie Gaîté - ParisLa Part-Dieu - LyonLa Valentine - MarseilleLes Boutiques du Palais - ParisL’Usine Mode et Maison - Greater ParisPolygone Riviera - Cagnes-sur-merRennes Alma - RennesSo Ouest - Greater ParisToison d’Or - DijonUlis 2 - Greater ParisVal Tolosa - ToulouseVilleneuve 2 - Villeneuve-d’AscqVitam - Neydens
29 Rue du Port - Greater Paris 7 Adenauer - ParisCNIT - Greater ParisGaîté Montparnasse - ParisLe Blériot - Greater ParisLe Sextant - ParisLes Villages de l’Arche - Greater ParisMichelet-Galilée - Greater ParisShift - Greater ParisSisters - Greater ParisTour Rosny - Greater ParisTriangle - ParisTrinity - Greater Paris
Carrousel du Louvre - ParisCNIT (C&E) - Greater ParisEspace Champerret - ParisEspace Grande Arche - Greater ParisHôtel Salomon de Rothschild - ParisPalais des Congrès
d’Issy-les-Moulineaux - Greater ParisPalais des Congrès de Paris - ParisPalais des Congrès de Versailles - Greater ParisParis Expo Porte de Versailles - ParisParis Le Bourget - Greater ParisParis Nord Villepinte - Greater Paris
DENMARKCopenhagen
Fisketorvet
BELGIUMBrussels
Mall of Europe
ITALYMilan
Westfield Milano
POLANDWarsaw
Westfield ArkadiaCentrum Ursynów Galeria MokotówGaleria WileńskaZłote Tarasy
WrocławWroclavia
SLOVAKIABratislava
Aupark
SPAINBenidorm - Benidorm Bonaire - ValenciaEquinoccio - MadridGarbera - San SebastiánGlòries - BarcelonaLa Maquinista - BarcelonaLa Vaguada - MadridParquesur - MadridSplau - Barcelona
SWEDENGreater Stockholm
Westfield Mall of ScandinaviaNacka ForumSolna CentrumTäby Centrum
THE NETHERLANDSCitymall Almere - Almere Westfield Mall of the Netherlands - LeidschendamStadshart Amstelveen - AmstelveenStadshart Zoetermeer - Zoetermeer
UNITED KINGDOMLondon
Westfield Stratford CityCroydonWestfield London
FLORIDAWestfield Brandon Westfield Broward Westfield Citrus Park Westfield Countryside Westfield Sarasota Square Westfield Siesta Key Miami International Orlando International
CHICAGOWestfield Old Orchard
Chicago O’Hare International
SEATTLEWestfield Southcenter
SAN FRANCISCO AREAWestfield Galleria at RosevilleWestfield Oakridge Westfield San Francisco CentreWestfield Valley Fair
LOS ANGELES AREAWestfield Century CityWestfield Culver CityWestfield Fashion SquareWestfield Palm DesertWestfield Promenade 2035Westfield Santa AnitaWestfield Topanga & The Village Westfield ValenciaLos Angeles International
Retail Offices
Retail: Development projectsOffices: Development projectsConvention & Exhibition
Airports
SAN DIEGO AREA Westfield Mission ValleyWestfield North CountyWestfield Plaza BonitaWestfield UTC
UNITED STATES
OUR PORTFOLIO
ICONIC DESTINATIONS IN MAJOR CITIES
$72BASSETS
UNDER MANAGEMENT
1.2 BANNUAL GLOBAL
VISITORS
MALLS ACROSS THE GLOBE
92
2 12CONTINENTS COUNTRIES
IN THE BEST CATCHMENT AREAS
BEST FOOTPRINT IN WESTERN WORLD FOR CATCHMENT AREA SPENDING POWER(1)
Source: UBS Evidence Lab.(1) Spending power within a 30-minute drive time catchment area defined by UBS Evidence Lab as population density x per capita income
INDUSTRYAVERAGE
SPENDING POWER($Bn, PPP)
65
55
45
35
25
15
PARIS | LONDON | MADRID | NEW YORK | LOS ANGELES | SAN FRANCISCO
PRIMARILY LOCATED ON THE EAST AND WEST COASTS
SEATTLE
SACRAMENTO
SAN FRANCISCOSILICON VALLEY
LOS ANGELES
SAN DIEGO
CHICAGO
NEW YORK
WASHINGTON, DC
URW U.S. STATES
FLAGSHIP ASSETS
WESTFIELD-MANAGED AIRPORTS
A UNIQUE PORTFOLIO OF ASSETS IN THE WEALTHIEST METROPOLITAN AREAS
AREA % U.S. GMW # ASSETS AVG. SPEND AS % OF NATIONAL AVG.(1)
LA AREA(2) 28% 6 114SF / SILICON VALLEY 21% 4 135NEW YORK AREA(3) 20% 3 116
SAN DIEGO(4) 13% 5 136
WASHINGTON AREA 8% 3 136FLORIDA 3% 4 83(5)
SEATTLE 4% 1 143CHICAGO 3% 1 103CONNECTICUT 1% 2 109
(1) Source: U.S. Bureau of Labor Statistics, 2017(2) Westfield Topanga and The Village are counted as 1 asset(3) Westfield WTC and Westfield Fulton Center are counted as 1 asset(4) Westfield Palm Desert is included in San Diego Area(5) Tampa metropolitan area only
OUR SIGNATURE
FEATURES
OUR SIGNATURE FEATURES
6
MEMORABLE EXPERIENCES
SPECTACULARARCHITECTURE
ICONIC SHOPFRONTS
DIGITAL NETWORK
EXCEPTIONAL DESIGN
BRANDPARTNERS
MONTHLY TRAFFIC10M
SPENDING POWER$82B
EXCLUSIVE BRAND ADVERTISING DISCOUNTS TO OUR RETAILERS
URW OFFERS
INFLUENCING THE URW CUSTOMER THROUGH OUR MEDIA:
*Sources: URW 2018 Traffic; Nielsen Scarborough 2018 Release 2 (Dec 17 – Nov 18). Target: A18+ who have shopped at any of URW’s regional centers in the past 3 mos: Meriden, Trumbull, Palm Desert, Broward, South Shore, Sunrise, Mission Valley, Plaza Bonita, Brandon, Citrus Park, Countryside, Sarasota Square, Siesta Key, Wheaton
For more information on the URW Network, please contact: usbvcenterleads@urw
UNIBAIL-RODAMCO-WESTFIELD
BRAND ADVERTISEMENTS
CURRENT
CENTER SNAPSHOT
SQ FT OF RETAIL SPACE1MIL
TOTAL CENTER SALES
ANNUAL TRAFFIC
448M+
15 MIL
SPECIALTY GLA
RETAILERS AND RESTAURANTS
229,625 SF
89 CAM
INO
DE L
A RE
INA
INTERSTATE 8
CAMINO DEL ESTE
MISSION CENTER ROAD
N
*Assumes 150 SF of office space for every employee.Source: Esri 2018
THE MARKET
OPPORTUNITYPOPULATION HOUSEHOLDS
29,526
1,432,051 544,693
$93,585AVERAGE HOUSEHOLD
INCOME (2018)
$111,267AVERAGE HOUSEHOLD
INCOME (2023)
18.9%HOUSEHOLD INCOME GROWTH (2018-2023)
44.9%HOUSEHOLD INCOME
>$75K
39.8%COLLEGE GRADUATE
(4 YEAR DEGREE+)
32.2%HOUSEHOLD INCOME
>$100K
406,622TOTAL DAYTIME
EMPLOYMENT (5 MILES)TOTAL BUSINESS
ESTABLISHMENTS (5 MILES)
LOCATED NEAR HIGHLY TRAVELED ROUTES OF
SAN DIEGO
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PASS THROUGH WESTFIELD MISSION VALLEY: I-8, I-805, I-15, I-5, AND CA-163
VEHICLES PASS WESTFIELD MISSION VALLEY ANNUALLY
5 FREEWAYS
100+ MILLION
ROUTE A ADT ANNUAL TRAFFIC
16,938
27,400
237,000
11,000
292,338
6,182,370
10,001,000
86,505,000
4,015,000
106,703,370
CAMINO DE LA REINA1,432,051
93,585MISSION CENTER RD
18.9%INTERSTATE 8
39.8%CAMINO DEL ESTE
406,622TOTAL
8
8
805
163 FRIARS RDS RDFRIARS RDFRIARS RD
FRIARS R
D
RIAS
FRIARS R
D
FRIAIARS R
D
FRIARS RDFRIARS RDAA RFRIARS RDFRIARS RD
CAMINO DE LA REINA
CAMI DCCAMINO DE LA REINA
CAMINO DE LA REINANO
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WM
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QU
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CAMINO DEL RO DEL R
CAMINOCAMINO
EL RRRIO NIO NIO NL RRIO
CAMINO DEL RIO N
CAMINO DEL RIO
CAO D
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CAMINO DEL RIO N
CAMINO DEL RIO S
CAMINO DEL RIO S
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ULRIC STULLRULRIC STULRIC ST
14,700 AADT
12,200 RIDERSHIP
26,600 AADT
219,000 AADT
25,100
AA
DT
26,70
0 A
AD
T
MILES
0 0.25 0.5
Source: Esri, Kalibrate TechnologiesAADT is the annual average daily traffic
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WESTFIELD MISSION VALLEY AIRSAGE HOME LOCATION BY TAPESTRY LIFE MODE GROUPn=92,235 (February-October 2017)
1 DOT=10 Visits
Service Layer Credits: Esri, HERE, Garmin, © OpenStreet Map Contributors and the GIS User Community
UPSCALE AVENUES (12.3%)AFFLUENT ESTATES (10.3%)
MIDDLE GROUND (14.5%)UPTOWN INDIVIDUALS (23.3%)
MIDTOWN SINGLES (9.6%)COMPETITORSMISSION VALLEY MAIN TRADE AREA
LOCATED IN THE HEART OF
SAN DIEGO
CUSTOMER SEGMENTATION
TAPESTRY LIFESTYLE
Source: Esri, Zillow
TAPESTRY LIFEMODE: UPTOWN INDIVIDUALS MIDDLE GROUND UPSCALE AVENUES AFFLUENT ESTATES MIDTOWN SINGLES
LIFEMODE #: 3 8 2 1 11
YOUNG, SUCCESSFUL SINGLES IN THE CITY
LIFESTYLES OFTHIRTYSOMETHINGS/
MILLENNIALS IN THE MIDDLE
PROSPEROUS MARRIEDCOUPLES LIVING IN OLDER
SUBURBAN ENCLAVES
ESTABLISHED WEALTH—EDUCATED, WELL-TRAVELED
MARRIED COUPLES
MILLENNIALS ON THE MOVE—SINGLE, DIVERSE, URBAN
DESCRIPTION:% OF SHOPPERS: 23.3% 14.5% 12.3% 10.3% 9.6%
% OF TRADE AREA RESIDENTS: 18.6% 15.8% 7.8% 10.4% 10.3%
MEDIAN AGE 35.4 38.0 36.0 44.6 32.9HHS W/ KIDS <18 10.6% 24.2% 25.8% 40.1% 24.5%
COLLEGE DEGREE + 58.3% 41.0% 36.0% 59.0% 35.6%INCOME:
TA RESIDENT HH INCOME $92,482 $79,131 $77,415 $164,328 $53,250SHOPPER HH INCOME $94,289 $83,869 $86,636 $164,860 $54,424
$100,000+ 32.4% 28.4% 30.8% 62.2% 12.1%RACE:WHITE 71.0% 67.4% 49.7% 75.7% 52.1%BLACK 5.7% 6.7% 34.7% 2.4% 12.9%ASIAN 10.3% 9.8% 3.7% 13.5% 8.6%
OTHER 13.0% 16.1% 11.9% 8.3% 26.5%HISPANIC 19.2% 24.2% 16.4% 12.5% 36.9%
HOUSING / NET WORTH:% OWNER OCCUPIED 25.4% 44.2% 41.4% 81.4% 16.1%
AVERAGE HOME VALUE $559,351 $470,951 $293,429 $757,124 $396,133NET WORTH $241,403 $290,206 $313,550 $1,920,897 $63,461
WELCOME TO THE NEIGHBORHOOD
MISSION VALLEY TRADE AREA COMMUNITY
MEDIANHOME VALUE
CURRENT AVERAGEHOUSEHOLD INCOME
POINT LOMA - 92106 $136,586 $1,118,300
OCEAN BEACH - 92107 $100,121 $973,800
PACIFIC BEACH - 92109 $100,407 $971,600
HILLCREST - 92103 $104,724 $755,500
UNIVERSITY CITY - 92122 $110,920 $726,100
TIERRASANTA - 92124 $112,872 $685,100
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A GROWING
Source: Mission Valley News, San Diego Union-Tribune
DEVELOPMENT MARKET
2 0 1 7-2 02 2 H H I N C O M E G R O W T H
15,000+ RESIDENTIAL UNITS PLANNED FOR MISSION VALLEY
SDCCU Stadium
SDSU West:-95,000 s.f. retail-1.6 million s.f. office space-4,500 residential units-50 acre parkland-35,000 seat stadium
10 MILE WESTFIELDMISSION VALLEY GROSSMONT CENTER FASHION VALLEY MALL WESTFIELD UTC
2019 TOTAL POPULATION 1,301,791 1,256,235 1,226,759 797,416
2024 TOTAL POPULATION 1,346,135 1,299,452 1,269,267 827,727
POPULATION GROWTH (2019-2024) 3.4% 3.4% 3.5% 3.8%
COLLEGE GRADUATES 40.9% 32.6% 41.5% 58.6%
2019 TOTAL HOUSEHOLDS 490,361 448,752 463,716 324,297
TOTAL BUSINESSES 67,193 50,460 64,998 50,031
TOTAL EMPLOYEES 808,932 563,827 793,969 607,025
2019 HH INCOME $100,000+ 167,612 144,148 157,914 152,536
2019 HH INCOME $150,000+ 82,279 66,742 77,850 87,394
2019 HH INCOME $100,000+ (%) 34.2% 32.1% 34.1% 47.0%
2019 HH INCOME $150,000+ (%) 16.8% 14.9% 16.8% 27.0%
2019 AVERAGE HH INCOME $97,370 $90,695 $97,351 $127,209
2019 AVERAGE NET WORTH $694,034 $647,219 $679,243 $1,128,201
2019 AVERAGE HOME VALUE $695,937 $578,796 $705,468 $863,438
WHITE COLLAR OCC 64.1% 60.6% 64.3% 75.4%
DEMOGRAPHIC COMPARISON
Source: ESRI and infogroup, U.S. Census (2017)
RANK 1st 2nd 3rd
IN GOOD COMPANY OVER 90 RETAILERS
PLATFORM
STRATEGY
ICONIC GLOBAL BRANDS WITH STRONG PRESENCE AT WESTFIELD’S FLAGSHIP PROPERTIES IN KEY MARKETS, INCLUDING LOS ANGELES, SILICON VALLEY, NEW YORK, AND LONDON
LUXURY DININGBRINGING FOOD TO THE FOREFRONT WITH A UNIQUE, CHEF-LED CULINARY COLLECTION
EMERGING AND ESTABLISHED PREMIUM BRANDS WITH STRONG CONSUMER ENGAGEMENT BOTH ONLINE AND OFFLINE
SHOWCASING LARGE SCALE PRODUCTIONS FROM LEADING ENTERTAINERS, ARTISTS, AND BRANDS TO CREATE LIMITED TIME EXPERIENCES THAT WILL LEAVE LASTING MEMORIES
ENTERTAINMENT
OFFERING A SENSE OF COMMUNITY AND HELPING CONSUMERS LOOK AND FEEL THEIR BEST WITH HEALTH, WELLNESS, ATHLEISURE, AND BOUTIQUE FITNESS BRANDS
HEALTH & WELLNESS
OFFERING AWE-INSPIRING CULTURAL EXPERIENCES THAT IGNITE A SENSE OF DISCOVERY IN OUR GUESTS AND THAT FOSTER INVESTMENT IN OUR CREATIVE COMMUNITIES, ALL WHILE EMOTIONALLY AND TANGIBLY REDEFINING THE RETAIL EXPERIENCE
ARTS &CULTURE
DIGITAL NATIVE
VERTICAL BRANDS
UNIBAIL-RODAMCO-WESTFIELD’S A luxury sensibility touches every aspect of these properties, from our CLIENT ENGAGEMENT
EFFORTS, to white glove service and personalization, and to the aesthetics, art & design elements that define
the physical spaces.
Unibail-Rodamco-Westfield CONTINUES TO BUILD RELATIONSHIPS
with luxury retailers and their customers with data mining, targeting, partnerships and influencer events.
As we redefine the retail landscape across the Unibail-Rodamco-Westfield portfolio, we are paying close attention to the LUXURY EXPERIENCE in our FLAGSHIP CENTERS.
LUXURY VISION
DIGITAL NATIVE VERTICAL BRANDS
• URW HAS 14 DNB’S IN THE US PORTFOLIO WITH 42 LOCATIONS• DNB CONTINUES TO BE A GROWING CATEGORY FOR
URW ASSETS
• DNVB RETAILERS ALSO HAVE A UNIQUE OPPORTUNITY TO DRIVE ENGAGEMENT THROUGH DELIVERING A UNIQUE
EXPERIENCE BASED MOMENT
FOOD AND BEVERAGE CONTINUES TO BE A GROWING CATEGORY FOR URW ASSETS AND IS A MAJOR DRIVER OF FREQUENCY OF VISITATION AND LONGER DWELL TIMES
FOOD AND BEVERAGE RETAILERS ALSO HAVE A UNIQUE OPPORTUNITY TO DRIVE ENGAGEMENT THROUGH DELIVERING A UNIQUE EXPERIENCE BASED MOMENT
FOOD AND BEVERAGE IS A CORE CATEGORY OF URW AND ACCOUNTS FOR OVER 25% OF TRAFFIC TO OUR CENTERS
OUR FOOD APPROACH
$3.2B GLOBAL DINING
SALES
$90M + DINING AT MISSION VALLEY
SALES
HEALTH & WELLNESSAPPROACH
HEALTH, FITNESS, AND BEAUTY IS TOP OF MIND AT UNIBAIL-RODAMCO-WESTFIELD. OFFERING A SENSE OF COMMUNITY BY CREATING AN ECOSYSTEM OF HEALTH AND WELLNESS, OUR CENTERS ARE HELPING CONSUMERS LOOK AND FEEL THEIR BEST THROUGH FITNESS STUDIOS AND TOP BEAUTY BRANDS. THE RISING DEMAND FOR FITNESS CLASSES, HEALTHY RESTAURANTS, WELLNESS OFFERINGS AND ATHLEISURE AS EVERYDAY WEAR PROVES CONSUMERS CONTINUE TO SHOP FOR EXPERIENCES AS WELL AS PRODUCTS.
• BEAUTY & HEALTH SPECIALTY SALES AT URW HAVE GROWN ALMOST 40% SINCE 2010
• 78% OF URW SHOPPERS ARE ALWAYS LOOKING FOR NEW WAYS TO LIVE A HEALTHIER LIFE;
85% TRY TO EAT HEALTHY AND PAY ATTENTION TO THEIR NUTRITION
Source: TM1
UNIBAIL-RODAMCO-WESTFIELD LAUNCHED
ART+ INTO ITS PROPERTIES TO PRESENT
AWE-INSPIRING CULTURAL EXPERIENCES THAT
IGNITE A SENSE OF DISCOVERY IN OUR GUESTS
AND THAT FOSTER INVESTMENT IN OUR CREATIVE
COMMUNITIES, ALL WHILE EMOTIONALLY AND
TANGIBLY REDEFINING THE RETAIL EXPERIENCE.
ART &CULTURE
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LEADING THE CREATION, MANAGEMENT AND OVERALL DELIVERY OF LARGE SCALE AND TOURING UNIBAIL-RODAMCO-WESTFIELD EVENT PROJECTS.
ENTERTAINMENT
EVENTS
NICKI MINAJ,WESTFIELD WORLD TRADE CENTER VMA AWARDS
LADY GAGA, WESTFIELD LONDON
NICK JONAS, WESTFIELD WORLD TRADE CENTER HOLIDAY
MAZE RUNNER, WESTFIELD CENTURY CITY
AMENITIES& SERVICES
VALETWESTFIELD HAS INVESTED IN PROVIDING THE ULTIMATE IN SERVICE AND CONVENIENCE WITH VALET PARKING.
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ENGAGING CUSTOMERS AT EVERY TOUCHPOINT360°CUSTOMER ENGAGEMENT
7Mn LOYALTY MEMBERS
7.7 Mn FACEBOOK & INSTAGRAM FANS
53 Mn WEBSITE VISITORS
5 Mn VISITORS REACHABLE
21 Mn APP VISITORS
ENGAGING CUSTOMERS AT EVERY TOUCHPOINT
115K Social
Followers
50K Loyalty
Members
2MM Email
Subscribers
43 MM WebsiteVisitors
CURRENT CENTER
FOR INQUIRIES, PLEASE CONTACT
JASON WOODSVICE PRESIDENT, [email protected] C.408.786.0028 EF.310.481.9493
ANDRES RIPASHOPPING CENTER [email protected]
LEASE PLAN