<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="39.8315016" data-lng="-75.0976381" data-map-catchment-data-value="{&quot;lat&quot;:&quot;39.8315016&quot;,&quot;lng&quot;:&quot;-75.0976381&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:345656}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 miles&quot;,&quot;description&quot;:&quot;Primary trade area radius&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;15 miles&quot;,&quot;description&quot;:&quot;Secondary trade area radius&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;345,656 people&quot;,&quot;description&quot;:&quot;Primary trade area population in 2021&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.4 %&quot;,&quot;description&quot;:&quot;Projected 5-year growth in primary trade area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;39.3 years&quot;,&quot;description&quot;:&quot;Median age in primary trade area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.58 people&quot;,&quot;description&quot;:&quot;Average household size in Deptford Township&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;29 percent&quot;,&quot;description&quot;:&quot;Percentage with bachelor&#39;s or higher in Deptford Township&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;83,068 USD&quot;,&quot;description&quot;:&quot;Median household income in primary trade area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;8 %&quot;,&quot;description&quot;:&quot;Unemployment rate in Deptford&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;110 index&quot;,&quot;description&quot;:&quot;Estimated cost of living index for South Jersey area&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;24,765 USD&quot;,&quot;description&quot;:&quot;Total retail sales per capita in Gloucester County&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;4,953 USD&quot;,&quot;description&quot;:&quot;Estimated apparel spending per capita (20% of retail)&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;7,429 USD&quot;,&quot;description&quot;:&quot;Estimated grocery spending per capita (30% of retail)&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;2,477 USD&quot;,&quot;description&quot;:&quot;Estimated electronics spending per capita (10% of retail)&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;6,600,000 visitors/year&quot;,&quot;description&quot;:&quot;Annual visitor traffic to the mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 minutes&quot;,&quot;description&quot;:&quot;Estimated average dwell time per visit&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25 %&quot;,&quot;description&quot;:&quot;Estimated percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;5,000 USD/sqm/year&quot;,&quot;description&quot;:&quot;Estimated annual sales per square meter&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;130 stores&quot;,&quot;description&quot;:&quot;Total number of specialty stores&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;5 anchors&quot;,&quot;description&quot;:&quot;Number of anchor tenants including Boscov&#39;s, JCPenney, Macy&#39;s, Dick&#39;s, Round One&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 malls&quot;,&quot;description&quot;:&quot;Number of competing malls within 20 miles&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Diverse mix of fashion, electronics, dining, and entertainment&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;5 concepts&quot;,&quot;description&quot;:&quot;Unique tenants like Round One Entertainment&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;96,660 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area converted from 1,040,000 sq ft&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 levels&quot;,&quot;description&quot;:&quot;Number of shopping levels (3 in Boscov&#39;s)&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;250 USD/sqm/month&quot;,&quot;description&quot;:&quot;Estimated average rent for mall space&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;9 %&quot;,&quot;description&quot;:&quot;Estimated current vacancy rate based on regional trends&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;5-10 years&quot;,&quot;description&quot;:&quot;Typical lease terms offered&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;10,000 sqm&quot;,&quot;description&quot;:&quot;Estimated available leasable space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;0.1 km&quot;,&quot;description&quot;:&quot;Distance to Route 42 interchange&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Bus service available&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;4,500 spaces&quot;,&quot;description&quot;:&quot;Estimated total parking spaces&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Low&quot;,&quot;description&quot;:&quot;Suburban location with primarily drive-in traffic&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Significant online retail competition in the area&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;60 %&quot;,&quot;description&quot;:&quot;Estimated adoption rate among tenants&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95 %&quot;,&quot;description&quot;:&quot;High-speed internet access in the catchment area&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2 percent&quot;,&quot;description&quot;:&quot;Estimated retail theft rate based on national trends&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;On-site security personnel and surveillance&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;20 events/year&quot;,&quot;description&quot;:&quot;Annual promotional and seasonal events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;15 percent&quot;,&quot;description&quot;:&quot;Estimated penetration of mall loyalty program&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Digital signage throughout the mall&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;5 percent&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;10 tenants&quot;,&quot;description&quot;:&quot;Upcoming new tenants including Nordstrom Rack&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Redevelopment and new stores planned for 2026&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[{&quot;id&quot;:9143,&quot;slug&quot;:&quot;columbus-crossing-shopping-center&quot;,&quot;name&quot;:&quot;Columbus Crossing Shopping Center&quot;,&quot;lat&quot;:&quot;39.92371&quot;,&quot;lng&quot;:&quot;-75.14171&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Columbus Crossing Shopping Center is a 140,418 square foot open-air retail property situated at 1851 South Columbus Boulevard in the Pennsport section of South Philadelphia. It occupies a strategic waterfront location with direct access to Interstate 95 and Interstate 76, facilitating high visibility and commuter traffic. The center is shadow-anchored by Walmart and Home Depot, enhancing draw for everyday shopping needs. Inline tenants include T.J. Maxx and HomeGoods (42,000 SF combined), Ulta Beauty, Planet Fitness (17,900 SF), AT\u0026T (3,000 SF), Michaels, and Lane Bryant, creating a tenant mix oriented toward discount apparel, beauty, fitness, home goods, and telecommunications. This composition targets value-conscious consumers in a densely populated urban area. Demographic profile encompasses a 1-mile radius population of 30,626 with average household incomes of approximately $50,000, a 3-mile radius of 326,907 residents, and a 5-mile radius exceeding 772,000, reflecting a diverse, working-class community with strong Hispanic, Italian-American, and African-American influences. Occupancy rates have remained robust, with the property fully leased at the time of its 2020 sale and maintaining over 95% occupancy in recent assessments. In the South Philadelphia retail submarket, Columbus Crossing holds a solid position amid residential growth and waterfront revitalization efforts, offering leasing advantages such as competitive base rents averaging $22-28 per square foot NNN for inline spaces and opportunities for cross-traffic from anchor stores. However, challenges include intense regional competition from nearby retailers like Ikea, Lowe&#39;s, Target, and ALDI, which could dilute market share in big-box and grocery categories. Additionally, economic sensitivities in lower-to-middle income demographics may constrain discretionary spending, while urban access issues like traffic congestion on Columbus Boulevard present operational hurdles. Overall, the center supports reliable performance for resilient retail categories but requires careful evaluation of category fit amid market saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Philadelphia&quot;},&quot;anchor_tenants&quot;:&quot;TJ Maxx, HomeGoods, Ulta Beauty, Planet Fitness&quot;,&quot;distance&quot;:10.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;13045&quot;,&quot;anchor_tenants&quot;:&quot;TJ Maxx, HomeGoods, Ulta Beauty, Planet Fitness&quot;}},{&quot;id&quot;:5449,&quot;slug&quot;:&quot;cherry-hill-mall&quot;,&quot;name&quot;:&quot;Cherry Hill Mall&quot;,&quot;lat&quot;:&quot;39.9411014&quot;,&quot;lng&quot;:&quot;-75.0259757&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Cherry Hill Mall, located at 2000 Route 38 in Cherry Hill, New Jersey, is a super-regional shopping center spanning 1.3 million square feet, serving as a key retail destination in Philadelphia&#39;s affluent South Jersey suburbs. Owned and managed by PREIT, the property features major anchors including Nordstrom (138,000 sq ft), Macy&#39;s (305,000 sq ft), and JCPenney (174,000 sq ft), with Dick&#39;s House of Sport scheduled to open in 2026 in a repurposed space. The tenant mix emphasizes fashion and lifestyle brands such as Zara, Apple, lululemon, Uniqlo, Urban Outfitters, and Sephora, alongside dining options like The Capital Grille, Maggiano&#39;s Little Italy, and Seasons 52. The core trade area boasts an average household income of $111,000, with 332,000 households earning over $100,000, and a daytime population of 2.1 million. Daily vehicle traffic along adjacent Route 38 and Haddonfield Road exceeds 78,000, supporting solid footfall. In 2025, PREIT reported strong leasing activity with over 255,000 square feet of new leases portfolio-wide, including additions at Cherry Hill like Alo Yoga, Kendra Scott, and Kooma Asian Fusion. Occupancy remains high, estimated above 95% based on historical data and recent momentum, though specific 2026 figures are pending. Rent levels in the Philadelphia suburban market average $40-60 per square foot for inline spaces, influenced by location and tenant quality. Leasing advantages include access to a high-spending demographic, proximity to Philadelphia (5 miles east), and ongoing enhancements that boost visibility and traffic. However, retailers should consider market saturation in apparel categories and competition from larger regional malls.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Cherry Hill&quot;},&quot;anchor_tenants&quot;:&quot;Nordstrom, Macy&#39;s, JCPenney&quot;,&quot;distance&quot;:13.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;121300&quot;,&quot;anchor_tenants&quot;:&quot;Nordstrom, Macy&#39;s, JCPenney&quot;}},{&quot;id&quot;:9127,&quot;slug&quot;:&quot;columbus-crossing&quot;,&quot;name&quot;:&quot;Columbus Crossing&quot;,&quot;lat&quot;:&quot;39.9245&quot;,&quot;lng&quot;:&quot;-75.1435&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Columbus Crossing is an open-air shopping center located at 1851 S Columbus Blvd in South Philadelphia PA 19148 spanning 140000 square feet with 100% occupancy. Positioned along a high-traffic corridor near I-95 and major bridges it benefits from over 30000 vehicles per day. The center is shadow anchored by Walmart and Home Depot with area tenants including Lowes Ikea Best Buy Target ALDI Burlington Coat Factory and Shop Rite creating a mix of big-box discount grocery and home improvement retailers. This setup supports everyday shopping needs in a densely populated urban market. The surrounding area features a 1-mile population of 30626 with average household income of 113900 rising to 326907 population and 128690 income at 3 miles and 772168 population with 108735 income at 5 miles indicating a solid middle-income demographic with potential for retail spending. Market position is strong in South Philadelphias evolving waterfront district where residential growth and tourism from nearby attractions like the Navy Yard contribute to footfall. Leasing advantages include full occupancy signaling stability low vacancy risk and access to a diverse tenant base that drives traffic. However retailers should consider urban competition from nearby power centers and potential traffic congestion during peak hours. Overall the centers operational quality is high with modern open-air design facilitating easy access and visibility though aging infrastructure in surrounding areas could pose minor maintenance challenges. Rent levels in similar South Philadelphia centers average 25 to 35 per square foot annually based on recent commercial reports reflecting moderate pressure in a recovering post-pandemic market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Philadelphia&quot;},&quot;anchor_tenants&quot;:&quot;TJ Maxx, HomeGoods, Ulta Beauty, Old Navy, Planet Fitness&quot;,&quot;distance&quot;:11.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;13012&quot;,&quot;anchor_tenants&quot;:&quot;TJ Maxx, HomeGoods, Ulta Beauty, Old Navy, Planet Fitness&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:5547,&quot;slug&quot;:&quot;philadelphia-mills&quot;,&quot;name&quot;:&quot;Philadelphia Mills&quot;,&quot;lat&quot;:&quot;40.0872957&quot;,&quot;lng&quot;:&quot;-74.9614271&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Franklin Mall, located at 1455 Franklin Mills Circle in Northeast Philadelphia, Pennsylvania, is a super-regional shopping center spanning 1.6 million square feet on 119 acres, originally opened in 1988 as an outlet mall and rebranded multiple times, most recently as Franklin Mall. It serves the Parkwood neighborhood and surrounding Bucks County areas, with strong highway accessibility via I-95 and Route 1, though walkability scores are moderate at 58/100 and transit at 48/100. The tenant mix includes approximately 79 stores and restaurants, categorized as apparel (24), food (7), health/beauty (4), jewelry (6), and services (7), featuring value-oriented retailers like Big Lots, American Freight, and non-traditional tenants such as a dental center, U.S. Postal Service, and pop-up wedding venue. Major anchors have diminished, with recent departure of Burlington leaving vacancies. Occupancy hovers around 40-60% as of early 2026, reflecting challenges in a saturated discount retail market. Average household income in the area is $93,479, with residents averaging 38 years old, supporting family-oriented shopping. Leasing opportunities may offer flexible terms and lower rents due to high availability, but performance is pressured by e-commerce shifts and regional competition from stronger centers like King of Prussia Mall. Footfall data is limited, but estimates suggest below pre-pandemic levels, impacted by aging infrastructure built in 1975 and ongoing sale process since 2025.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Philadelphia&quot;},&quot;anchor_tenants&quot;:&quot;Dave \u0026 Buster&#39;s, Urban Planet, Saks Fifth Avenue, Marshalls, HomeGoods, Walmart, Burlington&quot;,&quot;distance&quot;:30.72,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;79&quot;,&quot;gla_sqm&quot;:&quot;165000&quot;,&quot;anchor_tenants&quot;:&quot;Dave \u0026 Buster&#39;s, Urban Planet, Saks Fifth Avenue, Marshalls, HomeGoods, Walmart, Burlington&quot;}},{&quot;id&quot;:5720,&quot;slug&quot;:&quot;moorestown-mall&quot;,&quot;name&quot;:&quot;Moorestown Mall&quot;,&quot;lat&quot;:&quot;39.9435052&quot;,&quot;lng&quot;:&quot;-74.963492&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Moorestown Mall, located in Moorestown, New Jersey, and owned by PREIT, spans approximately 1 million square feet with over 90 stores. Anchored by Boscov&#39;s department store and Regal Cinemas, it features a diverse tenant mix including national retailers like Five Below and HomeSense, local shops, restaurants, and a significant 165,000-square-foot Cooper University Health Care facility that enhances everyday traffic. Recent redevelopments have transformed former Macy&#39;s space into a value retail hub, while upcoming additions include a 200,000-square-foot Parky&#39;s family entertainment center set for summer 2026, comprising arcade, go-karts, and a rooftop bar. The mall is part of a broader mixed-use evolution, with approvals for up to 1,065 multifamily units, including a 375-unit luxury rental complex (20% affordable) breaking ground in 2025, and potential hotel development. Situated along high-traffic Route 38 with 41,962 vehicles per day, it serves an affluent trade area of 1,070,772 residents, 405,571 households, average household income of $111,983, and 52% of households earning over $75,000. Occupancy has historically fluctuated, reaching 93.1% in 2020 but facing challenges from anchor departures like Sears and Lord \u0026 Taylor; current efforts focus on diversification to stabilize at around 90-95%. Leasing advantages include stable medical and entertainment anchors driving consistent footfall, proximity to Philadelphia (15 miles), and opportunities in emerging categories amid residential growth boosting local demographics. However, competition from nearby Cherry Hill Mall, which draws higher traffic, and past vacancy rates up to 30% pose risks, alongside aging infrastructure in some areas requiring ongoing investment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Moorestown&quot;},&quot;anchor_tenants&quot;:&quot;Boscov&#39;s, Regal Cinemas, Cooper University Health Care, Five Below, HomeSense, Michaels, Sierra&quot;,&quot;distance&quot;:16.91,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;90&quot;,&quot;gla_sqm&quot;:&quot;98422&quot;,&quot;anchor_tenants&quot;:&quot;Boscov&#39;s, Regal Cinemas, Cooper University Health Care, Five Below, HomeSense, Michaels, Sierra&quot;}},{&quot;id&quot;:5425,&quot;slug&quot;:&quot;king-of-prussia-mall&quot;,&quot;name&quot;:&quot;King Of Prussia Mall&quot;,&quot;lat&quot;:&quot;40.0885889&quot;,&quot;lng&quot;:&quot;-75.3928932&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;The King of Prussia Mall, located in King of Prussia, Pennsylvania, spans 2.9 million square feet of gross leasable area, making it the largest shopping center in the state and the fourth-largest in the United States. Situated 20 miles northwest of Philadelphia at the intersection of major highways including I-76, I-422, U.S. Route 202, and the Pennsylvania Turnpike, it offers excellent accessibility to the Greater Philadelphia region, serving Montgomery, Chester, and Delaware counties. The mall features over 450 stores, with anchor tenants such as Nordstrom, Macy&#39;s, Neiman Marcus, Bloomingdale&#39;s, Primark, and Dick&#39;s Sporting Goods, alongside a robust luxury segment including brands like Gucci and Louis Vuitton. The tenant mix emphasizes experiential retail, with recent additions like Netflix House and Eataly enhancing dining and entertainment options, complemented by international cuisine at two food courts and sit-down restaurants including Seasons 52 and The Cheesecake Factory. As of Q4 2025, occupancy stands at 97.7%, with vacancy at 2.3%, below national suburban averages, reflecting strong demand. Average asking rents are $44 per square foot, supported by sale prices near $222 per square foot. Foot traffic reached record levels in 2025, surpassing 112% of 2019 volumes, driven by affluent demographics in the area where median household income is $117,912 and per capita income is $74,331. Leasing advantages include high visibility, diverse customer base, and ongoing expansions that bolster performance, though high rents and regional competition from open-air centers like King of Prussia Town Center pose considerations for prospective tenants.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;King Of Prussia&quot;},&quot;anchor_tenants&quot;:&quot;Nordstrom, Macy&#39;s, Neiman Marcus, Bloomingdale&#39;s, Primark, Dick&#39;s Sporting Goods&quot;,&quot;distance&quot;:38.08,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;450&quot;,&quot;gla_sqm&quot;:&quot;269418&quot;,&quot;anchor_tenants&quot;:&quot;Nordstrom, Macy&#39;s, Neiman Marcus, Bloomingdale&#39;s, Primark, Dick&#39;s Sporting Goods&quot;}},{&quot;id&quot;:9215,&quot;slug&quot;:&quot;the-plaza-at-chelten&quot;,&quot;name&quot;:&quot;The Plaza At Chelten&quot;,&quot;lat&quot;:&quot;40.044&quot;,&quot;lng&quot;:&quot;-75.193&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;The Plaza at Chelten is a neighborhood shopping center located at 301 West Chelten Avenue in the Germantown section of Philadelphia, Pennsylvania, ZIP code 19144. Developed in 2012, it offers approximately 41,421 square feet of gross leasable area, anchored by a high-volume Save-A-Lot grocery store that draws consistent local traffic. The property features 115 off-street parking spaces and direct access to the SEPTA Regional Rail Chelten Avenue Station, enhancing accessibility via public transit for the surrounding community. Current leasing opportunities include an end-cap space of 2,034 square feet and an in-line space of 5,016 square feet, both suitable for retail or service-oriented tenants. Rental rates in the Chelten Avenue corridor typically range from $12 to $22 per square foot on a triple net basis, reflecting the areas modest commercial positioning. The tenant mix emphasizes everyday essentials, with the anchor providing grocery needs and smaller spaces accommodating discount retail, cafes, and potential quick-service options. Germantowns demographics include a population of around 64,000 within a 3-mile radius, with a median household income of approximately $43,000, predominantly African American residents (over 75%), and a focus on lower-to-middle income families. The centers market position benefits from its role as a convenient stop for daily shopping in a transit-oriented location, but faces challenges from nearby independent retailers along the Chelten Avenue commercial strip and broader economic pressures in Northwest Philadelphia. Occupancy appears moderate, with available spaces indicating room for new tenants to complement the anchor. Leasing advantages include proximity to residential density and transit, potentially supporting steady footfall estimated at moderate levels due to the grocery draw, though precise metrics are not publicly detailed. Potential drawbacks involve the areas historical development hurdles and competition from larger formats in adjacent neighborhoods.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Philadelphia&quot;},&quot;anchor_tenants&quot;:&quot;Save-A-Lot&quot;,&quot;distance&quot;:24.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;12&quot;,&quot;gla_sqm&quot;:&quot;3848&quot;,&quot;anchor_tenants&quot;:&quot;Save-A-Lot&quot;}},{&quot;id&quot;:5539,&quot;slug&quot;:&quot;north-east-mall&quot;,&quot;name&quot;:&quot;North East Mall&quot;,&quot;lat&quot;:&quot;40.075328&quot;,&quot;lng&quot;:&quot;-75.0323939&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;North East Mall, situated in Northeast Philadelphia adjacent to Bensalem Township, Bucks County, encompasses 1,603,000 square feet of gross leasable area as an enclosed outlet-focused shopping center. Established in 1989 as Franklin Mills and rebranded to Philadelphia Mills in 2014 before becoming Franklin Mall in 2024, it features a thunderbolt-shaped design divided into four themed neighborhoods with two food courts. Ownership is divided between JLL and Namdar Realty Group, with the property under receivership since 2024 due to a defaulted $258.5 million loan; its appraised value has fallen to $101 million from $370 million in 2007, yielding a 2023 net operating income of $10.3 million. Occupancy hovers at 74%, with 92 of 125 stores operational, anchored by Walmart, Burlington, Saks Off 5th, Marshalls, HomeGoods, Dave \u0026 Busters, and Urban Planet, while six anchor pads sit vacant, including former AMC Theatres and Forever 21 sites. The tenant mix prioritizes discounted apparel, home goods, and entertainment, catering to value-driven consumers amid e-commerce pressures. As Pennsylvanias second-largest mall, it draws from a dense regional catchment but faces declining footfall from a peak of 18 million visitors in 2006. Accessibility via Interstate 95, Pennsylvania Route 63, and SEPTA bus lines (routes 20, 50, 67, 84, 129, 130) enhances reach to Northeast Philadelphias diverse population of over 300,000 within three miles, characterized by median household incomes around $65,000 and a mix of working-class families. Leasing opportunities benefit from flexible terms in this distressed asset, with Philadelphia retail median asking rents at $22 per square foot, potential for rent abatements, and repositioning upside through mixed-use redevelopment. However, risks include persistent vacancies, competition from stronger centers like King of Prussia Mall, historical security incidents, and outlet market saturation, potentially impacting performance and requiring cautious evaluation of long-term viability.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Philadelphia&quot;},&quot;anchor_tenants&quot;:&quot;Marshalls,Burlington Coat Factory,Ulta Beauty,Five Below&quot;,&quot;distance&quot;:27.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;19417&quot;,&quot;anchor_tenants&quot;:&quot;Marshalls,Burlington Coat Factory,Ulta Beauty,Five Below&quot;}},{&quot;id&quot;:9231,&quot;slug&quot;:&quot;philadelphia-plaza&quot;,&quot;name&quot;:&quot;Philadelphia Plaza&quot;,&quot;lat&quot;:&quot;40.083&quot;,&quot;lng&quot;:&quot;-75.023&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Philadelphia Plaza is a modest neighborhood shopping center located in Northeast Philadelphia, Pennsylvania, specifically in the Somerton area (ZIP code 19116). With a gross leasable area (GLA) of approximately 19,000 square feet, it serves as a convenience-oriented retail property focused on everyday essentials rather than destination shopping. The center features a tenant mix dominated by service-oriented and value-driven retailers, including potential anchors like a discount grocery or pharmacy, alongside smaller shops for apparel, food services, and personal care. Acquired in 2014, historical data indicates full occupancy at that time, though current Philadelphia retail market trends suggest stabilization around 83-84% occupancy citywide as of late 2025. Positioned in a residential suburb with good accessibility via major roads like Bustleton Avenue and proximity to Roosevelt Boulevard, the plaza benefits from steady local footfall driven by nearby communities. Market reports from 2025 highlight Philadelphia&#39;s retail sector recovering post-pandemic, with average asking rents at $22 per square foot annually and foot traffic approaching 90% of pre-2020 levels in suburban areas. Leasing advantages include flexible space configurations suitable for small-format retailers, lower entry barriers compared to urban malls, and a stable demographic base that supports consistent traffic for non-discretionary spending categories. However, challenges include competition from larger nearby centers like Philmont Shopping Center and potential saturation in discount retail segments. Operational quality is typical for a strip center, with ample parking but limited public transit options, making it more car-dependent. Overall, it offers practical opportunities for lessees targeting middle-income households seeking affordable leasing in a low-risk, community-focused environment, though growth potential may be constrained by the property&#39;s scale and regional economic factors like moderate income levels averaging $65,000 household in the area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Philadelphia&quot;},&quot;anchor_tenants&quot;:&quot;Unknown&quot;,&quot;distance&quot;:28.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;1765&quot;,&quot;anchor_tenants&quot;:&quot;Unknown&quot;}}]}" data-map-update-url-value="/malls/deptford-mall" id="mall-map-wrapper"><div data-city="Deptford" data-current-mall="true" data-id="deptford-mall" data-lat="39.8315016" data-lng="-75.0976381" data-map-target="mall" data-name="Deptford Mall" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 miles</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">15 miles</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">345,656 people</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.4 %</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">83,068 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">8 %</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">110 index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">24,765 USD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">4,953 USD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">7,429 USD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">2,477 USD</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">6,600,000 visitors/year</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25 %</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">5,000 USD/sqm/year</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">130 stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">5 anchors</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">3 malls</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">96,660 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">250 USD/sqm/month</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">9 %</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">0.1 km</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">4,500 spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">Low</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">60 %</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">95 %</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2 percent</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">20 events/year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">15 percent</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 percent</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">10 tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>