<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="42.6466376" data-lng="-83.3345175" data-map-catchment-data-value="{&quot;lat&quot;:&quot;42.6466376&quot;,&quot;lng&quot;:&quot;-83.3345175&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:70538}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;70,538 Square Kilometers&quot;,&quot;description&quot;:&quot;nan&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;1,274,000 Square Kilometers&quot;,&quot;description&quot;:&quot;Oakland County population as broader catchment&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;70,538 People&quot;,&quot;description&quot;:&quot;Waterford Township population 2024, primary catchment&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;-0.43&quot;,&quot;description&quot;:&quot;Annual change in Waterford Township population&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;42.6 Years&quot;,&quot;description&quot;:&quot;Median age in Waterford Township&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.4 People&quot;,&quot;description&quot;:&quot;Average household size estimate for Waterford&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;35.0&quot;,&quot;description&quot;:&quot;Estimated percentage with bachelor&#39;s degree or higher in Waterford Township&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;$75,975 USD&quot;,&quot;description&quot;:&quot;Median household income in Waterford Township 2024&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;2.9&quot;,&quot;description&quot;:&quot;Unemployment rate in Oakland County 2024&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;91 Index&quot;,&quot;description&quot;:&quot;Cost of living 9% below national average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;$10,500 USD&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per capita in Michigan&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;$1,800 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel, US average adjusted for MI&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;$5,200 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries in Michigan&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;$1,200 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics estimate&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;nan Visitors&quot;,&quot;description&quot;:&quot;Mall closed since 2009, historical data unavailable&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;nan Minutes&quot;,&quot;description&quot;:&quot;Mall closed, no current data&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;nan Percent&quot;,&quot;description&quot;:&quot;Mall closed, no current data&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;nan USD&quot;,&quot;description&quot;:&quot;Mall closed, no current data&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;nan Stores&quot;,&quot;description&quot;:&quot;Mall closed, historical ~200&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes (historical)&quot;,&quot;description&quot;:&quot;Previously Macy&#39;s, JCPenney, Sears&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Nearby malls like Twelve Oaks in Oakland County&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Mall closed&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Mall closed&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;130,064&quot;,&quot;description&quot;:&quot;Total GLA of Summit Place Mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Typical for the mall structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;$165 USD&quot;,&quot;description&quot;:&quot;Converted from Metro Detroit average $15.39 PSF NNN&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;100.0&quot;,&quot;description&quot;:&quot;Mall fully closed&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Mall closed&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;130,064&quot;,&quot;description&quot;:&quot;Entire space available due to closure&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Direct&quot;,&quot;description&quot;:&quot;Located on N. Telegraph Road, major highway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Limited&quot;,&quot;description&quot;:&quot;Suburban area, bus routes nearby but not direct&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;5,000 Spaces&quot;,&quot;description&quot;:&quot;Estimated historical parking capacity&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;Low&quot;,&quot;description&quot;:&quot;Suburban location&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;National trend impacting retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Estimated adoption in Michigan retail&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;92.0&quot;,&quot;description&quot;:&quot;High-speed internet access in Oakland County&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Estimated organized retail crime impact in Michigan&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Standard (historical)&quot;,&quot;description&quot;:&quot;Previous mall had security patrols&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Mall closed&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;nan Percent&quot;,&quot;description&quot;:&quot;Mall closed&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Mall closed&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;nan Percent&quot;,&quot;description&quot;:&quot;Mall closed, redevelopment ongoing&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Business park tenants&quot;,&quot;description&quot;:&quot;Plans for industrial and commercial redevelopment&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Redevelopment to business park&quot;,&quot;description&quot;:&quot;Site transformation into modern business park, 2022 plans&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[{&quot;id&quot;:5763,&quot;slug&quot;:&quot;great-lakes-crossing-outlets&quot;,&quot;name&quot;:&quot;Great Lakes Crossing Outlets&quot;,&quot;lat&quot;:&quot;42.7016959&quot;,&quot;lng&quot;:&quot;-83.3025913&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Great Lakes Crossing Outlets, located at 4000 Baldwin Road in Auburn Hills, Michigan, is the state&#39;s largest enclosed outlet center spanning approximately 1.35 million square feet with over 170 stores, restaurants, and entertainment venues. Positioned off Interstate 75 at exits 81 and 84, it serves the Detroit metropolitan area of about 4.3 million residents and attracts day-trippers from surrounding Great Lakes regions, including southern Ontario. The tenant mix emphasizes value-oriented retail with anchors such as Nordstrom Rack, Bass Pro Shops, Primark, and Burlington, alongside outlet brands like Nike, Coach, Kate Spade, Banana Republic, American Eagle Outfitters, and family-focused stores including Carter&#39;s and Skechers. Additional draws include a 1,000-seat food court and attractions like LEGOLAND Discovery Center, SEA LIFE Aquarium, Peppa Pig World of Play, and Round1 Bowling \u0026 Arcade, enhancing family appeal. As part of Simon Property Group&#39;s portfolio, it benefits from high occupancy rates around 96.5% for U.S. premium outlets in 2024, with reported sales of $739 per square foot. The property offers over 7,200 free parking spaces and strong accessibility, though highway proximity can lead to congestion during peak times. Leasing advantages include robust footfall estimated at 8-10 million annual visitors, driven by outlet pricing and experiential elements, positioning it well in a market favoring experiential retail over traditional department stores. However, the broader Metro Detroit retail sector faced negative absorption of 322,490 square feet in 2024, indicating softening demand amid e-commerce growth and competition from nearby outlets like Birch Run Premium Outlets.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Auburn Hills&quot;},&quot;anchor_tenants&quot;:&quot;Burlington, Primark, Bass Pro Shops, TJ Maxx, Dick&#39;s Sporting Goods, Marshalls, AMC Theatres&quot;,&quot;distance&quot;:6.66,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;185&quot;,&quot;gla_sqm&quot;:&quot;130064&quot;,&quot;anchor_tenants&quot;:&quot;Burlington, Primark, Bass Pro Shops, TJ Maxx, Dick&#39;s Sporting Goods, Marshalls, AMC Theatres&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:5461,&quot;slug&quot;:&quot;twelve-oaks-mall&quot;,&quot;name&quot;:&quot;Twelve Oaks Mall&quot;,&quot;lat&quot;:&quot;42.4920822&quot;,&quot;lng&quot;:&quot;-83.4712247&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Twelve Oaks Mall, situated in Novi, Michigan, is a 1.52 million square foot super-regional enclosed mall established in 1977 and operated by Simon Property Group. It functions as a primary retail hub in the prosperous Detroit metropolitan suburbs, attracting 3.6 million annual visitors according to Placer.ai data, ranking it second among Michigan&#39;s super-regional malls and 137th nationwide. Anchors comprise Macy&#39;s and JCPenney, complemented by the 2025 redevelopment of the ex-Sears area into DICK&#39;S House of Sport, Primark, and Round 1 Entertainment, which augments experiential elements. The tenant roster exceeds 180 outlets, encompassing fashion brands like H\u0026M and Abercrombie \u0026 Fitch, dining options such as The Cheesecake Factory, and specialty services, yielding sales volumes surpassing $600 per square foot. Positioned at the Novi Road/I-96 junction, accessibility is favorable for the 210,000 daytime population, though public transportation is sparse, emphasizing car reliance. Occupancy approximates 92%, buoyed by strategic tenant infusions amid retail evolution. Leasing merits high traffic and a demographic base with median household incomes over $100,000, home values at $390,000, and 1.3% annual growth projected to 2030. Drawbacks involve e-commerce encroachment, category saturation in apparel, and competition from proximate venues like Somerset Collection. Base rents span $35-55 per square foot on a triple net basis, incorporating CAM fees around $15 PSF and percentage rents above sales thresholds, alongside standard 5-10 year terms with escalators.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Novi&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, Nordstrom, Dick&#39;s Sporting Goods, Primark, Round1&quot;,&quot;distance&quot;:20.51,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;170&quot;,&quot;gla_sqm&quot;:&quot;139354&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, Nordstrom, Dick&#39;s Sporting Goods, Primark, Round1&quot;}},{&quot;id&quot;:6179,&quot;slug&quot;:&quot;fairlane-town-center&quot;,&quot;name&quot;:&quot;Fairlane Town Center&quot;,&quot;lat&quot;:&quot;42.3168762&quot;,&quot;lng&quot;:&quot;-83.2228274&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Fairlane Town Center is a super-regional enclosed shopping mall located in Dearborn, Michigan, a suburb of Detroit, with a gross leasable area of approximately 1.4 million square feet across two levels and a partial third floor. Opened in 1976, it features 120 stores and services, anchored by Macy&#39;s and JCPenney, with additional key tenants including H\u0026M, Old Navy, Forever 21, and Zumiez in the fashion category, alongside a diverse dining mix comprising a food court with Asian, Mexican, and fast-casual options, and full-service restaurants such as The Cheesecake Factory and P.F. Chang&#39;s. The property, owned by Kohan Retail Investment Group since 2023, reported an occupancy rate of 81% as of early 2026, with sales per square foot at $351, reflecting a middle-market positioning in the Detroit metro area. It serves a trade area of over 250,000 residents within a 5-mile radius, benefiting from proximity to Ford Motor Company headquarters (50,000 employees), University of Michigan-Dearborn (9,000 students), and The Henry Ford museum, drawing an annual footfall of 10-12 million visitors. Accessibility is strong, with 8,400 parking spaces, connections to major freeways, a 15-minute drive to Detroit Metropolitan Airport, and public transit via DDOT and SMART bus routes. Leasing advantages include base rents of $25-35 per square foot plus $10-15 CAM, with 5-10 year terms and overage provisions on sales exceeding $400 PSF at 5-7%, offering opportunities for retailers targeting diverse, multi-generational shoppers in a stable but competitive market. However, challenges persist with vacant anchor spaces (former Sears, AMC Theatres), aging infrastructure, and e-commerce pressures amid broader retail sector shifts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Dearborn&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, AMC Theatres&quot;,&quot;distance&quot;:37.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;130000&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, AMC Theatres&quot;}},{&quot;id&quot;:8301,&quot;slug&quot;:&quot;lakeside-mall-1&quot;,&quot;name&quot;:&quot;Lakeside Mall&quot;,&quot;lat&quot;:&quot;42.6219724&quot;,&quot;lng&quot;:&quot;-82.9855457&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Lakeside Mall, located in Sterling Heights, Michigan, along the M-59 corridor, was a 1.5 million square foot enclosed regional shopping center opened in 1976. It featured anchors like JCPenney and previously Macy&#39;s and Lord \u0026 Taylor, with a tenant mix focused on apparel, department stores, dining, and home goods. By 2024, occupancy had declined to approximately 20% due to e-commerce shifts, anchor departures, and competition from upscale destinations like Somerset Collection. The mall permanently closed on July 1, 2024, following years of tenant exodus and reduced footfall. Sterling Heights City Council approved a $1.06 billion redevelopment into Lakeside City Center, a mixed-use development spanning 110 acres. This project includes 2,000 residential units, a 200-room hotel, 500,000 square feet of office space, 400,000 square feet of retail and dining, parks, and public spaces. Demolition began in late 2024, with phased construction starting in 2025 and initial openings projected for 2027-2030. The site benefits from high accessibility via M-59 and I-75, serving a trade area of over 550,000 residents with average household income of $103,000. Leasing advantages include ground-floor retail opportunities in a revitalized urban hub, potential for experiential tenants, and city incentives like tax abatements. However, risks involve construction delays, market saturation in suburban retail, and integration challenges with residential components. Operational quality will depend on the developer (L Heart Capital Partners) delivering vibrant public realms to boost footfall. Past metrics showed annual sales per square foot below $300, with footfall dropping 70% from peak. Future retail spaces target mid-tier to upscale brands, emphasizing dining and leisure to attract local demographics aged 25-54.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sterling Heights&quot;},&quot;anchor_tenants&quot;:&quot;JCPenney; Macy&#39;s (vacant); Lord \u0026 Taylor (vacant); Sears (vacant)&quot;,&quot;distance&quot;:28.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;144000&quot;,&quot;anchor_tenants&quot;:&quot;JCPenney; Macy&#39;s (vacant); Lord \u0026 Taylor (vacant); Sears (vacant)&quot;}},{&quot;id&quot;:5453,&quot;slug&quot;:&quot;somerset-collection&quot;,&quot;name&quot;:&quot;Somerset Collection&quot;,&quot;lat&quot;:&quot;42.5598057&quot;,&quot;lng&quot;:&quot;-83.1838968&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Somerset Collection is a premier upscale super-regional shopping center in Troy, Michigan, spanning 1.45 million square feet with over 180 specialty stores across two connected buildings: Somerset North (three floors) and Somerset South (two floors). Anchored by Macy&#39;s (300,000 sq ft), Nordstrom (240,000 sq ft), Saks Fifth Avenue (160,000 sq ft), and Neiman Marcus (141,000 sq ft), it features a luxury-focused tenant mix including high-end brands like Dior, Hermès, Prada, Gucci, Moncler, Balenciaga, and Lululemon, alongside accessible retailers such as Zara, Nike, and Crate \u0026 Barrel. Owned by The Forbes Company and Frankel Associates, the mall has undergone significant expansions and renovations, with the latest additions in 2023 introducing brands like Vuori and Diptyque post-COVID recovery. Positioned in affluent Oakland County, it draws from a trade area with median household income exceeding $119,000 and attracts regional and tourist visitors, ranking as Michigan&#39;s top tourist attraction. Occupancy remains strong at near 95%, supported by sales per square foot estimated over $800, reflecting robust performance among non-REIT malls. Leasing advantages include high footfall from excellent accessibility via I-75 and Telegraph Road, a diverse demographic profile (Troy population ~87,000, 40% households over $150,000 income, Asian-American majority), and a balanced mix enhancing cross-shopping. However, high base rents averaging $60-90 per square foot pose entry barriers for smaller retailers, and the luxury orientation exposes it to economic downturns and e-commerce competition.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Troy&quot;},&quot;anchor_tenants&quot;:&quot;Nordstrom, Saks Fifth Avenue, Macy&#39;s&quot;,&quot;distance&quot;:15.66,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;180&quot;,&quot;gla_sqm&quot;:&quot;134700&quot;,&quot;anchor_tenants&quot;:&quot;Nordstrom, Saks Fifth Avenue, Macy&#39;s&quot;}},{&quot;id&quot;:6223,&quot;slug&quot;:&quot;the-mall-at-partridge-creek&quot;,&quot;name&quot;:&quot;The Mall At Partridge Creek&quot;,&quot;lat&quot;:&quot;42.6255306&quot;,&quot;lng&quot;:&quot;-82.946075&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;The Mall at Partridge Creek is an open-air regional shopping center located in Clinton Township, Macomb County, Michigan, a northern suburb of Detroit. Opened in 2007, it spans over 80 stores, restaurants, and entertainment venues, anchored by a 14-screen MJR Digital Cinema and featuring major retailers such as Nordstrom, Apple, Lululemon, Sephora, American Eagle, Coach, and Banana Republic. The tenant mix includes approximately 20 percent food and beverage options, with establishments like Andiamo Pasta \u0026 Chops, alongside fashion, accessories, and services. Situated in one of Michigan fastest-growing and most affluent regions, the mall serves as the areas primary retail hub, benefiting from proximity to major employers including General Motors, Stellantis, and healthcare systems, as well as educational institutions like Macomb Community College. Accessibility is enhanced by its location along Hall Road, with easy access to I-94 and M-59, and within an hour of Detroit Metro Airport and international border crossings. Market reports indicate steady traffic growth, aligning with 2025 open-air mall trends of 10.1 percent increase in footfall. Occupancy remains strong amid Metro Detroit retail vacancy of 5.7 percent in Q1 2025, supported by recent expansions including new tenants like Zumiez in 2025. Leasing advantages include competitive positioning in an affluent demographic with average household incomes exceeding regional norms, potential for high sales per square foot due to experiential amenities like a childrens splash pad, bocce courts, free Wi-Fi, and dog-friendly policies. However, challenges include broader retail market saturation and competition from premium outlets nearby. Operational quality is high with modern open-air design mitigating weather impacts, though aging elements in surrounding infrastructure could pose risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Clinton Township&quot;},&quot;anchor_tenants&quot;:&quot;MJR Theatres, L.L.Bean, Powerhouse Gym&quot;,&quot;distance&quot;:31.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;59458&quot;,&quot;anchor_tenants&quot;:&quot;MJR Theatres, L.L.Bean, Powerhouse Gym&quot;}},{&quot;id&quot;:1562,&quot;slug&quot;:&quot;lakeside-mall&quot;,&quot;name&quot;:&quot;Lakeside Mall&quot;,&quot;lat&quot;:&quot;42.6219724&quot;,&quot;lng&quot;:&quot;-82.9855457&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Lakeside Mall, located in Sterling Heights, Michigan, along the M-59 corridor, was a 1.5 million square foot enclosed regional shopping center opened in 1976. It featured anchors like JCPenney and previously Macy&#39;s and Lord \u0026 Taylor, with a tenant mix focused on apparel, department stores, dining, and home goods. By 2024, occupancy had declined to approximately 20% due to e-commerce shifts, anchor departures, and competition from upscale destinations like Somerset Collection. The mall permanently closed on July 1, 2024, following years of tenant exodus and reduced footfall. Sterling Heights City Council approved a $1.06 billion redevelopment into Lakeside City Center, a mixed-use development spanning 110 acres. This project includes 2,000 residential units, a 200-room hotel, 500,000 square feet of office space, 400,000 square feet of retail and dining, parks, and public spaces. Demolition began in late 2024, with phased construction starting in 2025 and initial openings projected for 2027-2030. The site benefits from high accessibility via M-59 and I-75, serving a trade area of over 550,000 residents with average household income of $103,000. Leasing advantages include ground-floor retail opportunities in a revitalized urban hub, potential for experiential tenants, and city incentives like tax abatements. However, risks involve construction delays, market saturation in suburban retail, and integration challenges with residential components. Operational quality will depend on the developer (L Heart Capital Partners) delivering vibrant public realms to boost footfall. Past metrics showed annual sales per square foot below $300, with footfall dropping 70% from peak. Future retail spaces target mid-tier to upscale brands, emphasizing dining and leisure to attract local demographics aged 25-54.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sterling Heights&quot;},&quot;anchor_tenants&quot;:&quot;Shoppers Stop, Lifestyle, Reliance Trends, Cinepolis, Big Bazaar&quot;,&quot;distance&quot;:28.68,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;87329&quot;,&quot;anchor_tenants&quot;:&quot;Shoppers Stop, Lifestyle, Reliance Trends, Cinepolis, Big Bazaar&quot;}},{&quot;id&quot;:6229,&quot;slug&quot;:&quot;tecumseh-mall&quot;,&quot;name&quot;:&quot;Tecumseh Mall&quot;,&quot;lat&quot;:&quot;42.3155432&quot;,&quot;lng&quot;:&quot;-82.9354793&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Tecumseh Mall, located at 7654 Tecumseh Road East in Windsor, Ontario, is a neighborhood shopping center serving East Windsor since the late 1980s. It spans approximately 300,000 square feet of gross leasable area and accommodates about 65 stores following a 2001 expansion that added a renovated food court and additional retail space. Key anchors include Dollarama, Shoppers Drug Mart, Mark&#39;s Work Wearhouse, GoodLife Fitness, and recent additions such as Marshalls and HomeSense opened in 2021, alongside PetSmart, LCBO, and Giant Tiger. The tenant mix emphasizes value-oriented retail with categories like discount goods (e.g., Dollarama), apparel and footwear (e.g., The Shoe Company), health and services (e.g., Canada Trust), and casual dining options including Subway, New York Fries, and Smoke \u0026 Spice Southern BBQ. Positioned near the EC Row Expressway, it benefits from strong accessibility via major roads and Transit Windsor routes like Transway 1C and Lauzon 10, with ample parking. The surrounding market features a growing commercial corridor in East Windsor, a working-class area with demographics including a median household income of around $60,000, median age of 40, and a diverse population influenced by proximity to Detroit. Occupancy rates hover around 75-85 percent, with ongoing vacancies in smaller units but revitalization through new leases. Rent levels are competitive at $20-35 per square foot base, plus common area maintenance fees, offering lower entry costs compared to regional centers. Advantages for lessees include targeted local footfall from nearby residential neighborhoods and flexible short-term leasing options; however, challenges encompass competition from larger Devonshire Mall, economic volatility tied to the auto industry, and saturation in discount categories amid e-commerce growth. Operational quality is average, with clean facilities but some aging infrastructure requiring maintenance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Windsor&quot;},&quot;anchor_tenants&quot;:&quot;Walmart, No Frills, Sport Chek, Mark&#39;s, Dollarama, Party City, PetSmart, LCBO, Goodfellows, Urban Planet&quot;,&quot;distance&quot;:49.26,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;65&quot;,&quot;gla_sqm&quot;:&quot;36450&quot;,&quot;anchor_tenants&quot;:&quot;Walmart, No Frills, Sport Chek, Mark&#39;s, Dollarama, Party City, PetSmart, LCBO, Goodfellows, Urban Planet&quot;}},{&quot;id&quot;:5569,&quot;slug&quot;:&quot;devonshire-mall&quot;,&quot;name&quot;:&quot;Devonshire Mall&quot;,&quot;lat&quot;:&quot;42.2745969&quot;,&quot;lng&quot;:&quot;-83.0034898&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Devonshire Mall in Windsor, Ontario, operates as a single-level super-regional centre with 854,000 square feet of gross leasable area and 160 stores, established in 1970 and renovated in 2019 following an 80 million dollar upgrade in 2022. It holds the position as the largest mall outside the Greater Toronto Area and among Canadas 25 largest, serving the Windsor-Essex region with anchors Hudson Bay, Cineplex, and Indigo alongside categories in fashion, services, and a 15-tenant food court. The primary trade area encompasses 142,000 residents, with a total trade area of 499,000 and 195,000 households, featuring balanced demographics across generations including 24.5 percent millennials and 27.6 percent boomers. Annual visitor traffic totals 7.4 million, supported by 5,404 parking stalls and highway access. Occupancy remains at 90 percent, with rolling 12-month sales per square foot at 765 dollars in early 2025, marking historical highs despite online retail pressures. Leasing opportunities benefit from regional population growth projected at 2.8 percent GDP annually through 2028 and redevelopment adding 150,000 square feet of retail space by fall 2025. However, risks include competition from Windsor Crossing Outlets and cross-border shopping to Detroit, influenced by auto sector volatility and market saturation in non-essential categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Windsor&quot;},&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Walmart, Sport Chek, Mark&#39;s, Cineplex&quot;,&quot;distance&quot;:49.49,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;165&quot;,&quot;gla_sqm&quot;:&quot;98150&quot;,&quot;anchor_tenants&quot;:&quot;Hudson&#39;s Bay, Walmart, Sport Chek, Mark&#39;s, Cineplex&quot;}}]}" data-map-update-url-value="/malls/summit-place-mall" id="mall-map-wrapper"><div data-city="Waterford" data-current-mall="true" data-id="summit-place-mall" data-lat="42.6466376" data-lng="-83.3345175" data-map-target="mall" data-name="Summit Place 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">70,538 Square Kilometers</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,274,000 Square Kilometers</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">70,538 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">-0.43</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">$75,975 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">2.9</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">91 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">$10,500 USD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">$1,800 USD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">$5,200 USD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">$1,200 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">nan Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">nan Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">nan Percent</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">nan USD</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">nan Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes (historical)</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">nan</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">130,064</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">$165 USD</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">100.0</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">Direct</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Limited</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">5,000 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">20.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">92.0</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">5.0</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Standard (historical)</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">nan</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">nan Percent</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">nan</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">nan Percent</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Business park tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Redevelopment to business park</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>