The Mayfair Collection
Transcription
The Mayfair Collection
The Mayfair Collection Wauwatosa, Wisconsin Mayfair Mall’s stylish, new neighbor Presented by HSA COMMERCIAL REAL ESTATE The Mayfair Collection Wauwatosa, Wisconsin SECTION 1 PROJECT INFORMATION Wauwatosa, Wisconsin Overview The Mayfair Collection OVERVIEW The Mayfair Collection is an exciting, new mixed-use retail, residential and office development in Wauwatosa, Wisconsin. Located approximately four miles west of downtown Milwaukee, The Mayfair Collection is centrally located within Metro Milwaukee and highly-accessible with direct access to US Highway 45 and close proximity to Interstate 94. LOCATION »» Intersection of Highway 45 (Zoo Freeway) and Burleigh Street »» Wauwatosa, Wisconsin (Milwaukee County) »» Near the prestigious Blue Mound Country Club, host to previous PGA© events »» 2 miles from the 175-acre Milwaukee County Medical Research Park QUICK FACTS »» Phase I - approximately 266,000 square feet of retail space »» 250,000+ households with an average income of $75,000+ within a 45-minute drive »» Centrally located within Metro Milwaukee’s 7-county area »» Direct visibility from Highway 45’s 141,000 vehicles per day »» Within a 5 minute drive of world HQ for Briggs-Stratton and Harley Davidson »» Located 2 blocks north of Mayfair Mall, Wisconsin’s premier regional mall PROJECT DEVELOPER Development and leasing: HSA Commercial Real Estate 233 S Wacker Drive, Suite 350 Chicago, IL 60606 p. 312.332.3555 The mayfair collection 3 The mayfair collection i S gh 000 141, d oun ub M Blue ntry Cl Cou VPD t rS nte Ce Hwy o 4 Zo 5- ay w e e Fr The Mayfair Collection t ark P e i e Curr f Cours Gol Rd le ur air Mayf th Nor Wauwatosa, Wisconsin The Mayfair Collection 45 Macy’s Boston Store Crate + Barrel Cheesecake Factory Nor th PD 00 V 139,0 Mayfair Mall Ave AERIAL 4 B The Mayfair Collection BURLEIGH ST Wauwatosa, Wisconsin N Retail I 42,900 SF Retail H 30,600 SF Retail E Retail G 46,000 SF 24,200 SF HWY 45 141,000 VPD MERCHANDISE PLAN (PROPOSED) Retail D 18,200 SF Retail C Retail B Retail A 15,100 SF 11,000 SF 10,500 SF Wauwatosa, Wisconsin N Site Plan The Mayfair Collection Highway 45 141,000 VPD Burleigh Street The mayfair collection 6 The mayfair collection I Wauwatosa, Wisconsin The Mayfair Collection PARTIAL PLAN & ELEVATION: RETAIL SPACES H+I 7 The mayfair collection Wauwatosa, Wisconsin The Mayfair Collection PARTIAL PLAN & ELEVATION: RETAIL SPACES F+G 8 The mayfair collection Wauwatosa, Wisconsin The Mayfair Collection PARTIAL PLAN & ELEVATION: RETAIL SPACES D+E 9 The mayfair collection Wauwatosa, Wisconsin The Mayfair Collection PARTIAL PLAN & ELEVATION: RETAIL SPACES A-C 10 The Mayfair Collection Wauwatosa, Wisconsin SECTION 2 PRODUCTIVITY Wauwatosa, Wisconsin MAYFAIR MALL Located just two blocks south of The Mayfair Collection, Mayfair Mall is one of America’s most productive shopping centers, with average sales of $536 PSF. Its success comes as a result of its regional location, making it a central shopping destination for Metro Milwaukee’s affluent communities. With easy access to both Highway 45 and I-94, Mayfair Mall is a short drive from anywhere in and around Milwaukee. Its overwhelming success attracted a new and vibrant tenant list that necessitated a massive expansion in 2001. Now, at over 1.1M square feet, Mayfair Mall is the largest mixed-use shopping center in the state and a strong fixture on America’s retail landscape. Productivity The Mayfair Collection PARTIAL TENANT LIST Abercrombie + Fitch Ann Taylor Apple Store Banana Republic Barnes and Noble Boston Store (anchor) The Cheesecake Factory Coach Crate + Barrel Forever 21 Gap Hollister J. Crew Macy’s (anchor) Maggiano’s McCormick & Schmick’s P.F. Chang’s Pottery Barn Restoration Hardware Swarovski’s Williams-Sonoma (180+ tenants total) PRODUCTIVITY SHOPPING CENTER National Average Regional Average (North Central) Mayfair Mall SALES PER SQURE FOOT 363 315 536 Data provided by Directory of Major Malls. The mayfair collection 12 The Mayfair Collection Wauwatosa, Wisconsin SECTION 3 REGIONALITY Wauwatosa, Wisconsin METRO MILWAUKEE MALLS AND LIFESTYLE CENTERS Unlike other local shopping centers, The Mayfair Collection’s easy access to highways and central geographic location allows it to attract visitors from the entire Metro Milwaukee area and beyond. Regionality The Mayfair Collection 43 45 Bayshore Town Center Glendale, WI LAKE MICHIGAN Mayfair Collection 94 Brookfield Square Brookfield, WI Wauwatosa, WI Mayfair Mall Wauwatosa, WI 18 894 Southridge Mall Greenfield, WI 43 94 Base map provided by Regis. Locations are approximate. The mayfair collection 14 The Mayfair Collection Wauwatosa Map 1 Wauwatosa, Wisconsin Harley Davidson HQ 2 Capitol Dr 3 North SITE 5 Burleigh St Mayfair Rd 124th St 4 141,0 00 VP D Briggs & Stratton HQ Golf Course Golf Course 7 6 8 10 11 13 9 12 Mayfair Mall North Ave 14 45 Milwaukee County Grounds Watertown Plank Rd Milwaukee County Research Park Milwaukee Regional Medical Center Bluemound Rd 94 Legend About Mayfair Mall 1. REI 8. Barnes & Noble 2. Home Depot 9. Best Buy 3. Target 10.Crate + Barrel 4. Lowe’s 11.Boston Store 5. JC Penney Furniture Outlet 12.The Cheesecake Factory 6. Macy’s 13.Kohl’s 7. McCormick & Schmick’s 14.DSW Shoe Outlet »» 1.1M sf mixed-use shopping center »» Averages sales of $536 PSF »» Anchored by Macy’s and Boston Store About Milwaukee County Research Park »» 175 acres of county property »» Home to over 70 high-tech companies »» Major tenants include United Healthcare, Alterra, and GE Healthcare Locations are approximate. Milwaukee County Zoo The Mayfair Collection Wauwatosa, Wisconsin SECTION 4 EXCLUSIVITY Wauwatosa, Wisconsin REGIONAL AFFLUENCE Since Milwaukee’s affluent suburbs are not relegated to any particular side of the city, choosing a central location like Mayfair is the only way with which to service all of them. Exclusivity The Mayfair Collection 45 45 minute drive time 41 43 30 minute drive time Mequon Bayside River Hills Merton White Fish Bay Chenequa 94 LAKE MICHIGAN Brookfield 94 Wind Point North Bay 43 45 Map and demographic data provided by Regis Sites USA. The mayfair collection 17 Wauwatosa, Wisconsin AFFLUENT AREAS The Mayfair trade area is comprised of the wealthiest communities in Metro Milwaukee. Community Brookfield White Fish Bay Mequon River Hills Bayside Chenequa Merton Wind Point North Bay Drive Time (mins) Median HH Income 13 $76,225 24 $95,062 25 $90,733 25 $161,292 30 $88,982 31 $163,428 33 $78,937 40 $88,521 42 $97,943 Exclusivity The Mayfair Collection Source: Income data provided by Census.gov; Brookfield & White Fish Bay data from Milwaukee Economic Development Council. DRIVE TIME DEMOS Demographic (Drive Time) 2009 Population 2009 Est. Households 2009 Est. HH earning $75,000 or More 2009 Est. Average HH Income 30-Minute 45-minute 1,563,701 587,954 220,350 $68,811 1,958,084 744,914 280,637 $68,274 Source: Regis Sites USA. The mayfair collection 18 The Mayfair Collection Wauwatosa, Wisconsin SECTION 5 CONTACT Wauwatosa, Wisconsin Project Information contacts: Contact The Mayfair Collection TIM BLUM Executive Vice President, Retail HSA Commercial Real Estate p 312.683.7256 tblum@hsacommercial.com DAVE KEADY Senior Vice President, Retail HSA Commercial Real Estate p 312.683.7241 dkeady@hsacommercial.com 233 S Wacker Dr, Suite 350 Chicago, IL 60606 The information included is subject to verification and no liability for errors or omissions is assumed. The mayfair collection 20