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Serving the second largest MSA in the United States
L O S A N G E L E S
OU T L E T S
L O S A N G E L E S O U T L E T S | 21 | L O S A N G E L E S O U T L E T S
O P P O R T U N I T Y O V E R V I E W
S E R V I N G T H E S E C O N D L A R G E S T M S A I N T H E U N I T E D S TAT E S , L O S A N G E L E S O U T L E T S I S A P L A N N E D
4 0 0 , 0 0 0 S Q U A R E F O O T O U T L E T C E N T E R P R O J E C T S L AT E D T O O P E N I N 2 0 1 7. U P O N I T S C O M P L E T I O N ,
L O S A N G E L E S O U T L E T S W I L L F E AT U R E A P P R O X I M AT E LY 9 0 D E S I G N E R A N D B R A N D N A M E S T H AT W I L L
C AT E R T O A D E N S E A N D A F F L U E N T P E R M A N E N T P O P U L AT I O N B A S E A L O N G W I T H N E A R LY 7 0 M I L L I O N
P E O P L E W H O V I S I T T H E L O S A N G E L E S A N D A N A H E I M R E G I O N S O N A N A N N U A L B A S I S .
The Los Angeles marketplace is driven by economic business sectors including international trade, entertainment, aerospace,
technology, petroleum, fashion, apparel and tourism. Regionally, the San Gabriel Valley boasts an ethnically diverse population
of more than two million and includes such communities as City of Industry, Pasadena, Arcadia, Walnut, Diamond Bar, West
Covina and San Marino. Specifically, City of Industry businesses enjoy no business tax. It is the headquarters for companies
including Williams Sonoma, Yum! Brands, Fed Ex, Tropicana, Hot Topic, Alta Dena, CSC Enterprise Corp., Newegg.com and
Metro United Bank, among many more. City of Industry is also a popular investment area for Chinese businessmen and has
emerged as a high-tech import/export center.
L O S A N G E L E S
OU T L E T S
L O S A N G E L E S O U T L E T S | 4
Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway
and State Route 71 - which link the residents of Los Angeles, Orange and San Bernardino Counties
The outlet center will sit on Pomona Freeway (60) and Grand Avenue, one of the five most travelled road
segments in the U.S.
The Pomona Freeway (60) sees 349,000 cars per day while Grand Avenue sees 38,000 cars per day
Excellent visibility from Pomona Freeway (60)
Less than 30 miles away from Anaheim ( 13), Irvine (23), Los Angeles (24) and Long Beach (27)
Approximately 19 miles from Los Angeles International Airport (LAX)
A G R O U N D - U P, 4 0 0 , 0 0 0 S Q U A R E F O O T
P R O J E C T, L O S A N G E L E S O U T L E T S W I L L
S E R V E A P E R M A N E N T P O P U L A T I O N
O F 1 7 M I L L I O N E A R N I N G A N A V E R A G E
H O U S E H O L D I N C O M E O F M O R E T H A N
$ 8 2 , 0 0 0 W I T H I N A 6 0 - M I L E R A D I U S .
F A C T S & F U N D A M E N T A L S
More than 17 million reside less than 60 miles from the property
Average annual household income equates to more than $82,000 within a 60-mile radius
Los Angeles and Anaheim host nearly 70 million tourists annually
Major employers within 30 miles of the site include Kaiser Permanente, Bank of America, Cedars-Sinai
Medical Center, Boeing Co. and Walt Disney, among many more
Nearly 566,000 students attend 16 colleges and universities, including UCLA, the University of Southern
California and Cal State Fullerton, all located within 40 miles of the site
Los Angeles is home to the third largest Chinese-American population in the nation
PRIME LOCATION
DENSE & AFFLUENT DEMOGRAPHICS
5 | L O S A N G E L E S O U T L E T S L O S A N G E L E S O U T L E T S | 6
S TAT I S T I C S 5 M I L E S 1 0 M I L E S 30 MILES 60 MILES
P O P U L AT I O N 263,000 1,367,000 10,765,000 17,360,000
HOUSEHOLDS 75,400 400,300 3,325,200 5,631,100
HOUSEHOLDS WITH CHILDREN 42.9% 42.6% 40.6% 38.5%
MEDIAN AGE 37.5 36.1 34.8 35.3
AVERAGE HH INCOME $93,690 $85,680 $77,640 $82,600
DEM
OGRA
PHIC
SL O C A T I O N & D E M O G R A P H I C S
L O S A N G E L E S
OU T L E T S
LOS ANGELESOUTLETS
57 ORANGEORANGE FWY.
57
60
60POMONA FWY.
Grand Ave.
Baker Pkwy.
349,000 CPDOutlet Ln. LOS ANGELES
OUTLETS
57 ORANGEORANGE FWY.
57
60
60POMONA FWY.
Grand Ave.
Baker Pkwy.
349,000 CPD
Outlet Ln.
Brea Canyon Rd.
DOWNTOWN LA
PACIFIC OCEAN
LOS ANGELESOUTLETS
57
ORANGE
ORANGE FWY.
57
60
60
PO
MO
NA
FW
Y.
Grand Ave.
Baker Pkwy.
Valley Blvd.
349,000 CPD
Outlet Ln.
E A S T V I E W
W E S T V I E W
L O S A N G E L E S O U T L E T S | 87 | L O S A N G E L E S O U T L E T S
C E N T E R O W N E R S T R A I G H T D I S TA N C E ( M I L E S )
D R I V I N G D I S TA N C E ( M I L E S )
K E Y T E N A N T S
SHOPPES AT CHINO HILLS PM Realty 5.5 6.9Banana Republic, Victoria’s Secret, LOFT, H&M
PUENTE HILLS MALLGlimcher Realty
Trust6 7.5
Macy’s, Sears, Old Navy, Forever 21, H&M
CHINO SPECTRUM & TOWN CENTER
Vestar Corp. 6.5 8.2Target, Kohl’s, Marshall’s, TJ Maxx, Old Navy, Best Buy
PLAZA WEST COVINAStarwood Retail
Properties7.5 9.8
Macy’s, JCPenney, Sears, H&M
BREA MALL Simon 8 8.8Macy’s, Nordstrom, JCPenney, Sears
MONTCLAIR PLAZA CIM 9 12.2Macy’s, Nordstrom, JCPenney, Sears
C E N T E R O W N E R S T R A I G H T D I S TA N C E ( M I L E S )
D R I V I N G D I S TA N C E ( M I L E S )
T O TA L S T O R E S
THE OUTLETS AT ORANGE Simon 16.5 19 110
ONTARIO MILLS Simon 17 20.3 190
CITADEL OUTLETS Craig Realty 19 24.7 125
CABAZON OUTLETS Craig Realty 59 67.5 18
DESERT HILLS OUTLETS Simon 59 66.7 180
S H O P P I N G C E N T E R S W I T H I N 1 0 M I L E S
O U T L E T C E N T E R S W I T H I N 6 0 M I L E S
C O M P E T I T I O N
FPO605
Port ofLong Beach
Port ofLos Angeles
BURBANK
PALOSVERDES
HOLLYWOOD
LAGUNAHILLS
IRVINE
THE CITADELPUENTE HILLS MALL
BREA MALL
MONTCLAIR PLAZAWESTFIELD WEST COVINA
CHINO SPECTRUMSHOPPES AT CHINO HILLS
THE BLOCK AT ORANGE
ONTARIO MILLS
DESERT HILLS PREMIUM OUTLETS
CABAZON OUTLETS
LAKE ELSINORE OUTLETS
15
215
215
1010
210
710
5105
110
405
10
5
101
101
47
405
91
57
71
91
134
60
15
5133
55
22
60LOS ANGELES
OUTLETS
9 | L O S A N G E L E S O U T L E T S L O S A N G E L E S O U T L E T S | 10
T O U R I S M
The City of Los Angeles holds many distinctions.
Los Angeles is the entertainment capital of the world,
a cultural mecca boasting more than 100 museums and
a paradise of good weather.
TOURISM STATISTICS
Total Visitors to Los Angeles County 44.2 million
Domestic Overnight Visitors 23 million
International Visitors 6.5 million
Day Visitors (traveled over 50 miles) 14.7 million
Total Visitor Direct Spending $19.6 billion
Total Economic Impact $14.7 billion
ACCOMODATIONS
As the fifth largest hotel market in the U.S., Los Angeles
offers 994 hotels with more than 97,818 hotel rooms.
AIR TRANSPORTATON
Los Angeles World Airports (LAWA) is a unique system
of three airports owned and operated by the City of
Los Angeles and welcomes over 78.6 million passengers
annually. As the gateway to the West Coast and the
No. 1 international gateway to Asia/Pacific, Los Angeles
International Airport (LAX) offers direct flights from
85 domestic cities and 67 international destinations.
LAX is the fifth busiest passenger airport in the world.
BEACHES
The 75-mile Los Angeles County coastline is home to
Southern California’s greatest beaches, stretching from
Malibu to Long Beach.
ARTS AND CULTURE
With various museums and exhibits, Los Angeles is full
of inspiring art and diverse cultural experiences. In fact,
Los Angeles has more museums and theatres than any
other city in the U.S., making it the perfect place to be
immersed in arts and culture. Los Angeles is home to 105
museums and 225 theaters.
ATTRACTIONS
Some of the world’s best-known and most iconic
landmarks and attractions call Los Angeles home:
the Hollywood Sign; Griffith Observatory; the Getty
Center; the Walt Disney Concert Hall at the Music
Center in Downtown L.A.; the Hollywood Walk of Fame;
the TCL Chinese Theatre; Space Shuttle Endeavour at
the California Science Center; the Battleship USS Iowa
located at the Port of Los Angeles in San Pedro; Air Force
One at the Ronald Regan Library; and Universal Studios
Hollywood.
T H E L O S A N G E L E S A N D A N A H E I M R E G I O N S A T T R A C T M O R E T H A N 7 0 M I L L I O N V I S I T O R S A N N U A L L Y .
L O S A N G E L E S O U T L E T S | 1211 | L O S A N G E L E S O U T L E T S
Strategy +Style Marketing Group is a consulting, marketing and advertising group bringing more
than 25 years of domestic and international experience to traditional retailers, outlet center venues,
shopping center ownership entities and developers. Specializing in traditional advertising, public relations,
interactive/digital media and tourism marketing, the firm works with industry leaders such as KKR,
Garrison Investment Group, The Woodmont Company, Paragon Outlets and Helzberg Diamonds
(a wholly-owned subsidiary of Berkshire Hathaway, Inc.). among others, to set and achieve business
milestones, always focusing on increasing market share in a creative, innovative way. For more information
please visit www.strategyplusstyle.com.
FFO Realty is a full-service real estate leasing and development advisory firm based in Baltimore,
Maryland. The company partners with developers and owners to provide project-based support in
all facets of the development process, from site selection and leasing through to project completion
and asset management. With more than 50 years of experience among the company’s principals,
FFO Realty brings together the talents and versatile experience of four former Prime Retail leasing
executives with a proven track record of leasing production and project development success.
For more information please visit www.fforealty.com.
Founded in 1948, Majestic Realty Co. is a fully-integrated development, leasing, construction and
management company with offices in five states, and a team of more than 200 professionals. The Majestic
Realty Co. portfolio consists of approximately 72 million square feet and includes industrial, retail, office,
hospitality and entertainment facilities. Visit www.majesticrealty.com for more information.
L O S A N G E L E SO U T L E T S T E A M
L E A S I N G I N F O R M A T I O N
PHONE: 410.779.1284
SCOTT FISHER • FFO Realty
email: [email protected]
SCOTT FERGUSON • FFO Realty
email: [email protected]
L O S A N G E L E S
OU T L E T S