<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="40.9181729" data-lng="-74.076331" data-map-catchment-data-value="{&quot;lat&quot;:&quot;40.9181729&quot;,&quot;lng&quot;:&quot;-74.076331&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:1300000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 km&quot;,&quot;description&quot;:&quot;Primary trade area radius&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;30 km&quot;,&quot;description&quot;:&quot;Secondary trade area radius&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,300,000 people&quot;,&quot;description&quot;:&quot;Estimated population within catchment area&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.2 %&quot;,&quot;description&quot;:&quot;Annual population growth in catchment area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;42 years&quot;,&quot;description&quot;:&quot;Median age of catchment population&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.8 people&quot;,&quot;description&quot;:&quot;Average household size in catchment&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;45 percent&quot;,&quot;description&quot;:&quot;Percentage with tertiary education in catchment&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;144,349 USD&quot;,&quot;description&quot;:&quot;Median household income in catchment area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;3.5 %&quot;,&quot;description&quot;:&quot;Unemployment rate in catchment area&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;120 index&quot;,&quot;description&quot;:&quot;Cost of living index relative to US average&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;29,400 USD/year&quot;,&quot;description&quot;:&quot;Annual retail spending per capita in catchment&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;1,200 USD/year&quot;,&quot;description&quot;:&quot;Annual spending on apparel per capita&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;4,500 USD/year&quot;,&quot;description&quot;:&quot;Annual spending on groceries per capita&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;800 USD/year&quot;,&quot;description&quot;:&quot;Annual spending on electronics per capita&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;20,000,000 visitors/year&quot;,&quot;description&quot;:&quot;Annual visitor count&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 minutes&quot;,&quot;description&quot;:&quot;Average dwell time per visit&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25 %&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;5,382 USD/sqm/year&quot;,&quot;description&quot;:&quot;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;300 stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;3 anchors&quot;,&quot;description&quot;:&quot;Number of anchor tenants (Nordstrom, Macy&#39;s, Neiman Marcus)&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;Density of competing malls in area&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;Diversity of tenant categories&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;20 concepts&quot;,&quot;description&quot;:&quot;Number of unique retail concepts&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;196,835 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 levels&quot;,&quot;description&quot;:&quot;Number of shopping levels&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;807 USD/sqm/year&quot;,&quot;description&quot;:&quot;Average annual rent per square meter&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;2 %&quot;,&quot;description&quot;:&quot;Current vacancy rate&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;5-10 years&quot;,&quot;description&quot;:&quot;Typical lease term range&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;929 sqm&quot;,&quot;description&quot;:&quot;Current available retail space (1,000 sq ft approx)&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;Access to I-80 and Route 4&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Good qualitative&quot;,&quot;description&quot;:&quot;NJ Transit bus access&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;10,796 spaces&quot;,&quot;description&quot;:&quot;Total parking spaces available&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;Level of pedestrian access and traffic&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;Competition from online retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;70 %&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;95 %&quot;,&quot;description&quot;:&quot;Internet penetration in catchment area&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low qualitative&quot;,&quot;description&quot;:&quot;Retail crime incidence in mall&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced qualitative&quot;,&quot;description&quot;:&quot;Includes chaperone policy and surveillance&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;50 events/year&quot;,&quot;description&quot;:&quot;Number of promotional events annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40 percent&quot;,&quot;description&quot;:&quot;Penetration of loyalty programs among visitors&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;High qualitative&quot;,&quot;description&quot;:&quot;Presence of digital signage throughout 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;15 tenants&quot;,&quot;description&quot;:&quot;Number of new tenants in pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Ongoing status&quot;,&quot;description&quot;:&quot;Redevelopment including residential and retail expansion&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:5441,&quot;slug&quot;:&quot;garden-state-plaza&quot;,&quot;name&quot;:&quot;Garden State Plaza&quot;,&quot;lat&quot;:&quot;40.9181729&quot;,&quot;lng&quot;:&quot;-74.076331&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Garden State Plaza, located at the intersection of Routes 4 and 17 in Paramus, New Jersey, spans approximately 2.1 million square feet and houses over 200 retailers, positioning it as one of the state&#39;s premier super-regional malls in the affluent Bergen County market. Owned by Unibail-Rodamco-Westfield, it features anchors including Nordstrom, Macy&#39;s, and Neiman Marcus, alongside a diverse tenant mix encompassing luxury brands such as Gucci, Louis Vuitton, and Tiffany \u0026 Co., mid-tier options like Zara and Sephora, dining venues including Fogo de Chão and The Capital Grille, and entertainment like AMC Theatres. The mall benefits from high sales productivity exceeding $1,000 per square foot, well above national averages, and an occupancy rate of 98%. Its trade area serves a population of 935,740 with a median household income of $86,498 and substantial consumer expenditure totaling $27.5 billion, drawing a daytime population of 687,161 primarily from educated urbanites (80%) and wealthy suburban families (13%). Accessibility is strong via major highways, though Paramus blue laws restrict Sunday operations, potentially impacting weekend traffic. Ongoing redevelopment, including 575 residential units and 50,000 square feet of new retail set to open in 2027, enhances long-term leasing appeal by integrating mixed-use elements to boost footfall, currently averaging 910,000 monthly visits. Leasing advantages include robust foot traffic, premium demographics supporting high rent-to-sales ratios of 15%, and a balanced mix that mitigates category weaknesses through experiential additions like upcoming exhibitions and interactive entertainment. However, retailers should consider nearby competition from American Dream mall and potential construction disruptions during expansion phases.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Paramus&quot;},&quot;anchor_tenants&quot;:&quot;Neiman Marcus, Nordstrom, Macy&#39;s, AMC Theatres&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;220&quot;,&quot;gla_sqm&quot;:&quot;196835&quot;,&quot;anchor_tenants&quot;:&quot;Neiman Marcus, Nordstrom, Macy&#39;s, AMC Theatres&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:9114,&quot;slug&quot;:&quot;brook-haven-mall&quot;,&quot;name&quot;:&quot;Brook Haven Mall&quot;,&quot;lat&quot;:&quot;40.8419&quot;,&quot;lng&quot;:&quot;-74.1342&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Brook Haven Mall, located at 217 Brook Avenue in Passaic, New Jersey, spans 100,000 square feet and positions itself as the largest kosher shopping center in the United States. Opened in recent years, it targets the substantial Orthodox Jewish communities in North Jersey, including nearby areas like Lakewood and Brooklyn, drawing dedicated footfall from a demographic that prioritizes kosher-compliant retail. The tenant mix emphasizes specialty categories: over 30 planned retailers include kosher meat and dairy restaurants, mens, womens, and childrens apparel stores, a pharmacy, urgent care facility, travel services, appliance outlets, and entertainment options. This niche focus differentiates it from general merchandise malls, offering leasing advantages in a low-vacancy regional market where Northern New Jersey retail occupancy averages 96.7 percent as per recent Institutional Property Advisors reports. Accessibility is strong via Route 21 and Interstate 80, with 400 on-site parking spaces mitigating urban congestion issues. Passaic&#39;s demographics support this model, with a population of approximately 70,000 featuring a significant foreign-born contingent (42 percent) and concentrated Jewish households, contributing to steady, albeit specialized, traffic. However, the propertys market position is constrained by its kosher exclusivity, potentially limiting broader consumer draw amid competition from larger regional centers like Willowbrook Mall. Rent levels in Passaic County retail spaces typically range from $25 to $45 per square foot on a triple net basis, influenced by the areas stable but modest income levels (median household around $55,000). Operational quality appears modern, with community-oriented design, though as a newer development, long-term infrastructure durability remains untested. Potential risks include category saturation in kosher goods and sensitivity to economic shifts affecting niche spending. Overall, it suits retailers aligned with kosher demands, providing balanced visibility in a supportive ethnic market without the volatility of mainstream retail saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Passaic&quot;},&quot;anchor_tenants&quot;:&quot;Aisle One&quot;,&quot;distance&quot;:9.78,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;35&quot;,&quot;gla_sqm&quot;:&quot;9290&quot;,&quot;anchor_tenants&quot;:&quot;Aisle One&quot;}},{&quot;id&quot;:5426,&quot;slug&quot;:&quot;american-dream&quot;,&quot;name&quot;:&quot;American Dream&quot;,&quot;lat&quot;:&quot;40.8091292&quot;,&quot;lng&quot;:&quot;-74.0685673&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;American Dream is a 3-million-square-foot retail and entertainment complex located in East Rutherford, New Jersey, within the Meadowlands Sports Complex. Developed and opened in phases starting 2019, it integrates shopping with attractions including Nickelodeon Universe indoor theme park, DreamWorks Water Park, Big SNOW indoor ski slope, and luxury brands like Hermès, Louis Vuitton, and Saks Off 5th. The tenant mix comprises approximately 450 stores and eateries, balanced across fashion (30%), entertainment/leisure (25%), dining (20%), and general merchandise (25%), emphasizing experiential retail over traditional department stores. Positioned in the New York-New Jersey metro market, it serves a 20-million-person trade area with strong tourism draw from nearby NYC and three major airports (Newark, JFK, LaGuardia). Occupancy reached 87% in 2024, nearing 90% by mid-2025 amid ongoing leases, though recent vacancies contributed to a property value drop from $3.3 billion to $2.5 billion. Rent levels range $60-150 per square foot annually, higher for prime experiential spaces. Accessibility via highways I-95 and NJ Turnpike is efficient, supported by 16,000 parking spaces, but public transit reliance on buses limits broader reach. Leasing advantages include elevated footfall from attractions (10-12 million visitors yearly) and diverse demographics boosting average sales, yet challenges encompass high build-out costs, competition from Manhattan districts, and financial disputes including 2026 lawsuits over tax assessments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;East Rutherford&quot;},&quot;anchor_tenants&quot;:&quot;Saks Fifth Avenue OFF 5TH, H\u0026M, Primark, Uniqlo, Round1 Bowling \u0026 Arcade&quot;,&quot;distance&quot;:12.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;450&quot;,&quot;gla_sqm&quot;:&quot;278709&quot;,&quot;anchor_tenants&quot;:&quot;Saks Fifth Avenue OFF 5TH, H\u0026M, Primark, Uniqlo, Round1 Bowling \u0026 Arcade&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:5890,&quot;slug&quot;:&quot;willowbrook-mall&quot;,&quot;name&quot;:&quot;Willowbrook Mall&quot;,&quot;lat&quot;:&quot;40.8891249&quot;,&quot;lng&quot;:&quot;-74.2596643&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Willowbrook Mall, located in Wayne, New Jersey, is a super-regional shopping center spanning approximately 1.5 million square feet on a single level with a partial second floor. Opened in 1969 and owned by Brookfield Properties, it serves the northern New Jersey market, drawing from an affluent trade area including Passaic and Morris counties. The mall features over 165 stores, with anchors including Macy&#39;s, Bloomingdale&#39;s, JCPenney (reopened in 2024), BJ&#39;s Wholesale Club, and entertainment options like Cinemark Theatres and Dave \u0026 Buster&#39;s. Tenant mix emphasizes fashion retail with brands such as H\u0026M, Zara, Uniqlo, lululemon, and Michael Kors; dining includes The Cheesecake Factory, P.F. Chang&#39;s, and Yard House; and specialty shops cover beauty (Sephora), electronics (Apple), and toys (Build-A-Bear). Recent additions like Primark and Round1 Arcade in the former Sears space indicate ongoing revitalization efforts. Market position is solid in a competitive landscape, with annual footfall estimated at over 10 million visitors based on regional retail data. Accessibility via I-80 and Route 23 supports high traffic, though congestion is common. Occupancy rates hover around 90-95% per commercial real estate reports from 2024-2025, with inline spaces available for lease starting at $40-60 per square foot annually. Leasing advantages include exposure to a demographic with median household income exceeding $120,000 and population density supporting mid-to-upper tier retail. However, challenges include seasonal flooding risks near Passaic River and competition from larger malls like Garden State Plaza. Operational quality is maintained through recent renovations, enhancing family-friendly amenities and modern interiors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Wayne&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, Bloomingdale&#39;s&quot;,&quot;distance&quot;:15.74,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;165&quot;,&quot;gla_sqm&quot;:&quot;141027&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, Bloomingdale&#39;s&quot;}},{&quot;id&quot;:5450,&quot;slug&quot;:&quot;the-mall-at-short-hills&quot;,&quot;name&quot;:&quot;The Mall At Short Hills&quot;,&quot;lat&quot;:&quot;40.7406858&quot;,&quot;lng&quot;:&quot;-74.3639472&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;The Mall at Short Hills, located in the affluent Short Hills section of Millburn, New Jersey, is a premier upscale shopping center owned by Simon Property Group with approximately 1.4 million square feet of gross leasable area and over 140 stores. It features anchor tenants Nordstrom and Bloomingdale&#39;s, alongside more than 40 New Jersey market-exclusive luxury brands such as Gucci, Louis Vuitton, and Chanel, complemented by upscale retailers like Apple and Williams-Sonoma. The mall serves a trade area population of about 425,000 with a median household income of $105,707, drawing heavily from high-income local demographics where Short Hills residents have median incomes exceeding $250,000. Positioned off Route 24 with proximity to I-78 and about 20 miles from Manhattan, it attracts cross-border shoppers from New York City. Occupancy stands at 95.9% as of late 2025, reflecting strong demand, with average sales per square foot at $1,400. Leasing advantages include high footfall from affluent consumers, robust tenant synergy in luxury categories, and potential for elevated sales due to the mall&#39;s reputation as New Jersey&#39;s top luxury destination. However, challenges encompass elevated rent levels averaging $120-$250 per square foot, limited public transportation options relying on personal vehicles, and competition from e-commerce and Manhattan&#39;s high-end retail corridors, which could impact performance in saturated luxury segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Short Hills&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Nordstrom, Bloomingdale&#39;s, Neiman Marcus&quot;,&quot;distance&quot;:31.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;127600&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Nordstrom, Bloomingdale&#39;s, Neiman Marcus&quot;}},{&quot;id&quot;:5772,&quot;slug&quot;:&quot;rockaway-townsquare&quot;,&quot;name&quot;:&quot;Rockaway Townsquare&quot;,&quot;lat&quot;:&quot;40.9071835&quot;,&quot;lng&quot;:&quot;-74.5538461&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Rockaway Townsquare is a super-regional enclosed mall located at 301 Mount Hope Avenue in Rockaway, New Jersey, owned and managed by Simon Property Group. Spanning approximately 1.25 million square feet of gross leasable area, it ranks among the top ten largest shopping centers in the state and serves as the primary retail destination for families in affluent West Morris County. The mall features around 180 stores with a diverse tenant mix including anchors Macy&#39;s and JCPenney, alongside national brands in fashion (Michael Kors, Coach, Nordstrom Rack), electronics (Apple, Microsoft), home goods (DSW, Kirkland&#39;s), and dining options. Accessibility is strong via Interstate 80 and Routes 46 and 15, with daily vehicle traffic exceeding 18,000 on Mount Hope Avenue and over 20,000 on U.S. Route 46. Market reports indicate average sales of $600 per square foot, 39.5% above national averages, supported by a trade area population exceeding 750,000. Occupancy aligns with Simon&#39;s portfolio average of 96.4% as of late 2025, with base minimum rents around $61 per square foot. Leasing advantages include steady positive momentum from recent additions like Nordstrom Rack, high barriers to entry due to protected highland regions limiting development, and proximity to over 2.5 million square feet of complementary retail within one mile. However, challenges include a vacant former Sears space and broader suburban mall pressures from e-commerce and nearby power centers like Rockaway Town Plaza.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Rockaway&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, Raymour \u0026 Flanigan&quot;,&quot;distance&quot;:40.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;115733&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney, Raymour \u0026 Flanigan&quot;}},{&quot;id&quot;:6111,&quot;slug&quot;:&quot;woodbridge-center&quot;,&quot;name&quot;:&quot;Woodbridge Center&quot;,&quot;lat&quot;:&quot;40.5567045&quot;,&quot;lng&quot;:&quot;-74.2993666&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Woodbridge Center is a super-regional shopping mall located in Woodbridge Township, New Jersey, at the intersection of U.S. Routes 1 and 9, providing strong accessibility via major highways and proximity to New York City, approximately 25 miles south. Opened in 1971 and owned by Simon Property Group, the two-level property spans 1.633 million square feet of gross leasable area and houses over 140 stores. Anchor tenants include Macy&#39;s, Boscov&#39;s, JCPenney, and Dick&#39;s Sporting Goods, contributing to a balanced tenant mix that encompasses fashion retailers like Hollister and Aéropostale, dining options such as Applebee&#39;s and Adebola African Restaurant, entertainment venues including Dave \u0026 Buster&#39;s, a cinema, and an arcade, as well as services and specialty shops in categories like jewelry, electronics, and health \u0026 beauty. The surrounding demographics feature a diverse population of about 103,000 in Woodbridge Township, with a median household income around $90,000, unemployment at 4.7%, and a mix of professional, service, and sales occupations, drawing middle-income families and commuters. Market position reflects a traditional enclosed mall facing headwinds, with a recent 2025 appraisal value of $86 million, down 76% from prior levels, signaling performance challenges amid rising e-commerce and suburban retail shifts. Northern New Jersey retail vacancy increased in 2025, with negative absorption, though the mall benefits from high-visibility location and steady footfall from local traffic. Leasing advantages include flexible spaces for mid-sized retailers, potential for experiential tenants to boost traffic, and competitive positioning against nearby centers like Menlo Park Mall, but drawbacks involve aging infrastructure, market saturation in apparel, and economic pressures on anchors like JCPenney. Overall, opportunities exist for resilient categories like dining and entertainment, tempered by broader retail risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Woodbridge&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Boscov&#39;s, JCPenney, Dick’s Sporting Goods&quot;,&quot;distance&quot;:44.37,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;151700&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Boscov&#39;s, JCPenney, Dick’s Sporting Goods&quot;}},{&quot;id&quot;:5641,&quot;slug&quot;:&quot;woodbury-common-premium-outlets&quot;,&quot;name&quot;:&quot;Woodbury Common Premium Outlets&quot;,&quot;lat&quot;:&quot;41.3169448&quot;,&quot;lng&quot;:&quot;-74.1250465&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Woodbury Common Premium Outlets, located in Central Valley, New York, approximately 45 minutes north of Manhattan, spans over 900,000 square feet with 250 stores, establishing it as North America&#39;s largest luxury outlet center. Owned and managed by Simon Property Group, it attracts over 15 million annual visitors, with 50% international tourists drawn to its premium tenant mix including Gucci, Prada, Burberry, Saint Laurent, and Alexander McQueen, alongside mid-tier brands like Nike and Gap. The property generates approximately $1.3 billion in annual sales, reflecting strong performance in the affluent New York metro market, where median household incomes exceed $100,000 within a 30-mile radius. Recent expansions, including a $250 million project adding 155,000 square feet of retail, restaurant space, and a 200-room hotel, enhance its appeal by diversifying offerings with food halls and experiential amenities. Leasing advantages include high footfall and 100% occupancy rates as of Q4 2025, competitive percentage rents tied to robust sales, and proximity to major highways (I-87 and NY-17) for accessibility. However, challenges involve heavy reliance on tourism, which can fluctuate with economic conditions or travel restrictions, and competition from e-commerce platforms eroding physical outlet traffic. Operational quality remains high with ongoing infrastructure upgrades, but seasonal peaks strain parking and traffic management. The tenant mix emphasizes luxury fashion (60%), accessories (20%), and emerging food/retail (10%), supporting cross-shopping but exposing retailers to market saturation in premium categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Central Valley&quot;},&quot;anchor_tenants&quot;:&quot;Gucci, Saint Laurent, Prada, Burberry, Moncler, Alexander McQueen, Saks Fifth Avenue OFF 5TH&quot;,&quot;distance&quot;:44.53,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;85700&quot;,&quot;anchor_tenants&quot;:&quot;Gucci, Saint Laurent, Prada, Burberry, Moncler, Alexander McQueen, Saks Fifth Avenue OFF 5TH&quot;}},{&quot;id&quot;:5714,&quot;slug&quot;:&quot;galleria-at-white-plains&quot;,&quot;name&quot;:&quot;Galleria At White Plains&quot;,&quot;lat&quot;:&quot;41.0316134&quot;,&quot;lng&quot;:&quot;-73.7693372&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;The Galleria at White Plains, situated in downtown White Plains, New York, a key suburb 25 miles north of Manhattan, operated as an enclosed regional shopping mall from 1980 to 2020, covering 870,000 square feet with former anchors including Macy&#39;s and Sears. It closed due to e-commerce pressures, anchor departures, and the COVID-19 impact, resulting in full vacancy. The site is now redeveloping into The District Galleria, a $2.5 billion mixed-use project by Cappelli Organization and Pacific Retail Capital Partners, encompassing 3.4 million square feet on 11 acres: up to 3,200 residential units in seven towers (including 300 affordable at 80% AMI), 200,000 square feet of retail, office space, a 46% open-space promenade, and community amenities. This initiative positions the property as a vibrant urban hub, capitalizing on White Plains&#39; affluent market—population around 60,000, median household income exceeding $110,000, and a professional demographic with strong NYC commuting ties via Metro-North rail. Tenant mix will prioritize experiential retail, dining, and services to foster synergy with downtown&#39;s 1+ million square feet of existing retail. Leasing advantages encompass high accessibility (I-287, rail 30 minutes to Grand Central), projected footfall boost from new residents (potentially 5-6 million annually), and modern infrastructure supporting sustainability. However, challenges include construction timelines extending to 2027-2028, current zero occupancy, and competitive pressures from nearby venues like The Westchester Mall. Retail rents may range $40-60 per square foot NNN in prime areas, with strong surrounding occupancy at 95% but risks from market saturation in apparel and potential delays in residential leasing affecting traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;White Plains&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Sears, JCPenney&quot;,&quot;distance&quot;:28.69,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;80361&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Sears, JCPenney&quot;}},{&quot;id&quot;:5555,&quot;slug&quot;:&quot;fisk-plaza&quot;,&quot;name&quot;:&quot;Fisk Plaza&quot;,&quot;lat&quot;:&quot;40.758&quot;,&quot;lng&quot;:&quot;-73.977&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Fisk Plaza is a 250,000 square foot retail property situated in Midtown Manhattan, New York City, originally developed in 1978 and renovated in 2018. It occupies a prominent block with frontage on a high-traffic avenue, drawing an estimated 20,000 daily visitors based on local traffic studies. The tenant mix comprises 50 units, including anchor stores like Macy&#39;s juniors section outlet, electronics retailer Best Buy Express, and a diverse array of specialty shops such as apparel from Zara and Uniqlo, beauty from Sephora, and quick-service dining from Chipotle and Shake Shack. Food court occupancy supports 15 vendors. Current occupancy rate is 94%, with base rents averaging $140 per square foot triple net, according to CoStar Group data. The surrounding area features a demographic profile of 1.2 million residents within a 3-mile radius, with median household income of $95,000 and a high concentration of young professionals aged 25-44, per U.S. Census Bureau figures. Accessibility is strong via multiple subway lines (A, C, E) within 0.2 miles and 1,000 parking spaces, though street-level access can be hindered by pedestrian congestion. Leasing advantages include turnkey spaces from 800 to 4,000 square feet, competitive CAM charges at $12 per square foot, and marketing support from property management. Market position is solid in the resilient Midtown retail corridor, where sales per square foot average $600 annually, per REBNY reports. Drawbacks encompass vulnerability to economic downturns affecting tourism, which accounts for 30% of footfall, and competition from e-commerce eroding physical sales in non-essential categories. Operational quality is rated average, with recent upgrades to HVAC systems but ongoing maintenance needs for elevators. Overall, it offers balanced opportunities for retailers targeting urban millennials, tempered by New York City&#39;s high operational costs and regulatory environment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;New York&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s,Nordstrom,Sears&quot;,&quot;distance&quot;:19.67,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;74342&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s,Nordstrom,Sears&quot;}},{&quot;id&quot;:7761,&quot;slug&quot;:&quot;stamford-town-center&quot;,&quot;name&quot;:&quot;Stamford Town Center&quot;,&quot;lat&quot;:&quot;41.0527336&quot;,&quot;lng&quot;:&quot;-73.5373315&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Stamford Town Center is a 761,000-square-foot urban shopping mall situated in the heart of downtown Stamford, Connecticut, serving as a key retail hub since its opening in 1982. Owned and managed by Simon Property Group, the property features approximately 130 tenants, including anchor Macy&#39;s and a diverse mix of national retailers such as Barnes \u0026 Noble, Foot Locker, H\u0026M, and Lululemon, alongside dining options like The Cheesecake Factory and Shake Shack. Recent revitalization efforts have introduced entertainment amenities, including pickleball courts and an AMC theater, to enhance visitor engagement and address past vacancies stemming from retail sector shifts. The mall&#39;s market position benefits from Stamford&#39;s status as a corporate center with over 5 million square feet of Class A office space, driving daytime footfall from professionals. Occupancy has rebounded to approximately 90% in 2025, up from lower levels in prior years, amid a regional retail vacancy rate of 6-8%. Leasing advantages include base rents averaging $40-50 per square foot on a triple-net basis, with escalations tied to sales performance, and promotional support through joint marketing. Accessibility is strong via Interstate 95, U.S. Route 1, and the Stamford Transportation Center, which handles Metro-North trains with 8 million annual riders, facilitating a 20-mile trade area draw. The tenant mix emphasizes fashion, lifestyle, and food, aligning with local demand, though challenges persist from e-commerce competition and nearby rivals. Operational quality includes modern HVAC systems and security, but some areas reflect the building&#39;s age with ongoing upgrades. Demographic factors support steady performance, with potential risks from economic downturns affecting white-collar jobs.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Stamford&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Barnes \u0026 Noble, Pickleball America&quot;,&quot;distance&quot;:47.65,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;70699&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Barnes \u0026 Noble, Pickleball America&quot;}},{&quot;id&quot;:9330,&quot;slug&quot;:&quot;the-source&quot;,&quot;name&quot;:&quot;The Source&quot;,&quot;lat&quot;:&quot;41.0288&quot;,&quot;lng&quot;:&quot;-73.7594&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Source at White Plains is a 262,031 square foot mixed-use retail center spanning four floors in the heart of White Plains Central Business District, New York. Developed in 2003 and recently renovated, it features strong anchors including Whole Foods Market, Dick&#39;s Sporting Goods, Raymour \u0026 Flanigan Furniture, and The Cheesecake Factory, alongside office tenants like Danone U.S. headquarters and the Hudson Gateway Association of Realtors. Positioned adjacent to The Westchester, an upscale mall with Nordstrom and Neiman Marcus, it benefits from spillover traffic while targeting everyday premium retail. The property achieves 99% occupancy, reflecting robust demand in Westchester County&#39;s affluent market. Accessibility is enhanced by proximity to I-287 off-ramps, with daily traffic counts of 17,200 vehicles on Maple Avenue and 20,000 on Bloomingdale Road. The catchment area within five miles includes a population of 218,560 with average household income exceeding $200,000, 59% holding bachelor&#39;s degrees or higher, and a median age of 42, driven by professional commuters to NYC. White Plains has seen residential growth with over 7,000 housing units added recently, boosting local footfall. Leasing advantages include stable anchor renewals, such as 10-year commitments from Whole Foods and Dick&#39;s, and a BREEAM-certified sustainable environment. However, retailers should note competition from nearby luxury options and potential parking constraints in a dense urban setting. Overall, the center supports mid-tier premium formats amid low regional retail vacancy rates below 5% and average asking rents around $50 per square foot in the NY metro area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;White Plains&quot;},&quot;anchor_tenants&quot;:&quot;Whole Foods Market, Dick’s Sporting Goods&quot;,&quot;distance&quot;:29.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;24350&quot;,&quot;anchor_tenants&quot;:&quot;Whole Foods Market, Dick’s Sporting Goods&quot;}},{&quot;id&quot;:9065,&quot;slug&quot;:&quot;gateway-center&quot;,&quot;name&quot;:&quot;Gateway Center&quot;,&quot;lat&quot;:&quot;40.652733&quot;,&quot;lng&quot;:&quot;-73.872002&quot;,&quot;property_type&quot;:&quot;&quot;,&quot;description&quot;:&quot;Gateway Center is an open-air shopping complex located at 501 Gateway Drive in the Spring Creek neighborhood of East New York, Brooklyn, NY 11239. Spanning approximately 1.3 million square feet, it serves as one of Brooklyn\&quot;s largest retail destinations, attracting shoppers from surrounding areas with its mix of big-box anchors, discount retailers, and dining options. Key tenants include anchors such as Target, BJ\&quot;s Wholesale Club, Home Depot, JCPenney, and ShopRite, alongside fashion outlets like TJ Maxx, Marshalls, Burlington, Old Navy, and Nordstrom Rack; footwear stores including DSW and Famous Footwear; and entertainment venues like Dave \u0026 Buster\&quot;s. The food and grocery segment features Aldi, Lidl, Chick-fil-A, Olive Garden, and Red Lobster. Services include banks, electronics, and pet stores like Petco. The center benefits from its position in an underserved retail market within East New York, a diverse community with growing residential development. Market position is strong due to limited competition in the immediate area, with high visibility from the Belt Parkway and proximity to major highways like the Jackie Robinson Parkway. Leasing advantages include flexible spaces for various formats, from inline shops to larger formats up to 40,000 square feet, in a location with steady demand from local households. Occupancy remains robust at around 95%, supported by post-pandemic recovery in big-box and value-oriented retail. However, the area\&quot;s median household income of approximately $43,000 limits premium retail potential, favoring discount and essential goods categories. Accessibility via car is excellent, though public transit options are moderate, relying on B83 bus routes. Overall, it offers stable performance for retailers targeting middle-market consumers in a revitalizing urban fringe.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Brooklyn&quot;},&quot;anchor_tenants&quot;:&quot;5000000&quot;,&quot;distance&quot;:34.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;120774&quot;,&quot;anchor_tenants&quot;:&quot;5000000&quot;}},{&quot;id&quot;:5663,&quot;slug&quot;:&quot;cross-county-shopping-center&quot;,&quot;name&quot;:&quot;Cross County Shopping Center&quot;,&quot;lat&quot;:&quot;40.9285688&quot;,&quot;lng&quot;:&quot;-73.8538393&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Cross County Shopping Center is an open-air retail destination in Yonkers, New York, spanning 1 million square feet of gross leasable area on a 72-acre site at the intersection of the New York State Thruway (I-87) and Cross County Parkway. Opened in 1954 and renovated multiple times, most recently with a $250 million investment completed around 2020, it features over 100 stores and restaurants. Anchored by Macy&#39;s and Target (which opened in 2023 in the former Sears space), the tenant mix includes national retailers in fashion such as Zara, H\u0026M, Michael Kors, Guess, Old Navy, and Gap; beauty like Ulta Beauty; dining options including Shake Shack, Chipotle, Starbucks, Red Lobster, Olive Garden, and Longhorn Steakhouse; entertainment with Showcase Cinema de Lux; and mixed-use elements like a Westchester Community College satellite campus (30,000 sq ft opened 2022), Blink Fitness, Hyatt Place hotel, and Stop \u0026 Shop supermarket. Adjacent properties add Michaels, Marshalls, T.J. Maxx, HomeGoods, Micro Center, and Burlington. The center is visible to over 222,000 vehicles daily and serves a trade area encompassing lower Westchester County, the Bronx, and upper Manhattan, with a population of approximately 369,000 within a 5-mile radius. Managed by Marx Realty since 2020, it maintains high visibility and accessibility via major highways, free parking for over 1,300 spaces, and public transit options. Leasing opportunities benefit from a diverse, family-oriented demographic and strong regional draw, though competition from nearby centers like Ridge Hill and e-commerce poses challenges. Occupancy was reported at 92% in 2020, with recent additions like CAVA, Build-A-Bear Workshop, and Levi&#39;s in 2025 indicating robust performance. Market position as Yonkers busiest shopping district supports stable footfall, estimated in line with regional averages for power centers, but economic fluctuations and retail sector shifts require careful evaluation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Yonkers&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Target&quot;,&quot;distance&quot;:18.73,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;92903&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Target&quot;}},{&quot;id&quot;:5431,&quot;slug&quot;:&quot;roosevelt-field&quot;,&quot;name&quot;:&quot;Roosevelt Field&quot;,&quot;lat&quot;:&quot;40.7381999&quot;,&quot;lng&quot;:&quot;-73.6127522&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Roosevelt Field is a premier shopping mall located at 630 Old Country Road in Garden City, New York, within the East Garden City section of Uniondale. Owned and managed by Simon Property Group, it spans approximately 1.65 million square feet of gross leasable area, making it the largest mall on Long Island and the second most successful in New York State. The property features anchor stores including Neiman Marcus, Bloomingdale&#39;s, Nordstrom, Macy&#39;s, JCPenney, Primark, and Dick&#39;s Sporting Goods, alongside over 200 specialty retailers in categories such as fashion, jewelry, electronics, home decor, and gifts. High-end brands like Savage X Fenty and Armani contribute to a diverse tenant mix appealing to a broad demographic. Occupancy stands at 96% as of early 2026, reflecting strong post-pandemic recovery and low vacancy rates of 4-5%, supported by resilient leasing demand in the affluent Nassau County market. The primary trade area encompasses 1.4 million residents with a median household income of $126,000 and high educational attainment, drawing shoppers from the dense New York Metro region. Leasing advantages include high sales productivity, with some tenants achieving up to $1,250 per square foot annually, robust foot traffic from convenient access via Meadowbrook State Parkway and Old Country Road, and a professional management team offering flexible terms. However, base rents range from $150 to $250 per square foot, which may pose challenges for smaller retailers amid competition from e-commerce and nearby centers like Walt Whitman Shops. The mall&#39;s market position benefits from Long Island&#39;s tight retail supply, rising rents, and premium corridor status, though broader risks include demographic shifts and infrastructure maintenance in a mature suburban setting.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Garden City&quot;},&quot;anchor_tenants&quot;:&quot;Primark, Dick&#39;s Sporting Goods, JCPenney, Macy&#39;s, Nordstrom, Bloomingdale&#39;s, Neiman Marcus&quot;,&quot;distance&quot;:43.84,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;131400&quot;,&quot;anchor_tenants&quot;:&quot;Primark, Dick&#39;s Sporting Goods, JCPenney, Macy&#39;s, Nordstrom, Bloomingdale&#39;s, Neiman Marcus&quot;}},{&quot;id&quot;:5661,&quot;slug&quot;:&quot;green-acres-mall&quot;,&quot;name&quot;:&quot;Green Acres Mall&quot;,&quot;lat&quot;:&quot;40.6627359&quot;,&quot;lng&quot;:&quot;-73.7216384&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Green Acres Mall in Valley Stream, New York, is a super-regional retail complex spanning approximately 2.06 million square feet, including an enclosed mall built in 1956 and adjacent Green Acres Commons power center developed in 2016. Owned by Macerich, it features anchors such as Macy&#39;s, Primark, Uniqlo, H\u0026M, Old Navy, Best Buy, Walmart, and Dick&#39;s Sporting Goods, with over 100 inline stores focused on apparel, beauty, electronics, and sporting goods. The property draws 18.4 to 20.7 million annual visitors from a diverse trade area of roughly 300,000 to 1.7 million people within a few miles, characterized by a median age of 39-40, average household incomes around $133,000, and a demographic mix including approximately 49% Black, 18% White, 17% Hispanic, and 9% Asian residents. Strong accessibility via Sunrise Highway (over 60,000 daily vehicles), Belt Parkway, LIRR stations, multiple bus lines, and proximity to JFK Airport supports high footfall. A $130-150 million redevelopment is underway, demolishing former Sears and Kohl&#39;s spaces to add open-air elements, dining like Shake Shack and Cheesecake Factory, Sephora, and an 80,000-square-foot ShopRite expected in 2027. Current occupancy hovers near 97% historically, though mid-tier positioning faces national mall vacancy pressures averaging 12%. Nassau County retail rents typically range $45-60 per square foot. Leasing advantages include dense urban-suburban catchment bridging Queens and Long Island, daily-needs traffic from big-box anchors, and ongoing upgrades to diversify beyond traditional retail. Challenges encompass aging infrastructure, competition from higher-end centers like Roosevelt Field, potential short-term disruptions from redevelopment, and online retail impacts on discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Valley Stream&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Primark, H\u0026M, Uniqlo, Best Buy&quot;,&quot;distance&quot;:41.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;174&quot;,&quot;gla_sqm&quot;:&quot;193400&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Primark, H\u0026M, Uniqlo, Best Buy&quot;}},{&quot;id&quot;:7756,&quot;slug&quot;:&quot;the-shops-at-hudson-yards&quot;,&quot;name&quot;:&quot;The Shops At Hudson Yards&quot;,&quot;lat&quot;:&quot;40.7535577&quot;,&quot;lng&quot;:&quot;-74.001511&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;The Shops at Hudson Yards is a 1-million-square-foot luxury retail destination within the 28-acre Hudson Yards mixed-use development on Manhattan&#39;s West Side, opened in 2019. Anchored by Neiman Marcus, it features over 100 tenants blending high-end luxury brands like Dior, Fendi, Louis Vuitton, and Cartier with accessible options such as Aritzia, Apple Store, Lego, and M\u0026M&#39;s World. Dining includes diverse eateries like Mercado Little Spain and Peak Restaurant. As of late 2025, occupancy stands at 93%, reflecting strong demand in a market where Manhattan retail leasing exceeded 4.1 million square feet that year. Positioned adjacent to the High Line and integrated with office towers (100% leased), residential units, and attractions like The Edge observation deck, it benefits from robust footfall estimated at several million annual visitors, driven by 440,000+ regional workers and growing tourism. Accessibility is excellent via the 7 subway line, PATH train, Hudson River ferries, and multiple bus routes. Median household income in the area exceeds $150,000, with demographics skewed toward affluent professionals aged 25-54 and high education levels. Leasing advantages include high visibility, experiential retail synergy, and stable co-tenancy from office and residential traffic, though high asking rents (around $500-800 per square foot for inline spaces) and luxury market saturation pose challenges. Competition from Fifth Avenue and SoHo requires differentiated offerings, while aging infrastructure risks are minimal given recent construction.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;New York&quot;},&quot;anchor_tenants&quot;:&quot;Neiman Marcus (former), Uniqlo, H\u0026M, Zara, Dior, Eataly&quot;,&quot;distance&quot;:19.36,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;92903&quot;,&quot;anchor_tenants&quot;:&quot;Neiman Marcus (former), Uniqlo, H\u0026M, Zara, Dior, Eataly&quot;}},{&quot;id&quot;:5667,&quot;slug&quot;:&quot;livingston-mall&quot;,&quot;name&quot;:&quot;Livingston Mall&quot;,&quot;lat&quot;:&quot;40.776896&quot;,&quot;lng&quot;:&quot;-74.3537947&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Livingston Mall, located in Livingston, New Jersey, is a 1 million square foot enclosed regional shopping center opened in 1972, situated in an affluent suburb of the New York metropolitan area. The property serves a trade area with a population of approximately 31,330 in Livingston Township, characterized by high median household incomes exceeding $150,000 and a diverse demographic including 54% White, 35% Asian, and 4% Black residents. As of early 2026, the mall faces significant challenges, with occupancy rates below 20%, down from higher levels in prior years, due to anchor closures such as Macy&#39;s scheduled for April 2026 and Barnes \u0026 Noble relocating. The tenant mix currently consists of a limited number of small-format retailers and service-oriented businesses, with many spaces vacant amid broader retail shifts toward e-commerce and experiential destinations. Market position is weakened by competition from upscale nearby centers like The Mall at Short Hills, located just 4 miles away, which draws higher-end shoppers. Footfall has diminished notably, reflecting national trends in mall decline. Leasing opportunities present potential advantages in a high-income area with good accessibility via major highways like I-280, but risks include impending redevelopment plans adopted in 2025 by Livingston Township. These envision a mixed-use transformation incorporating open-air retail with tenants like Nordstrom Rack and PGA TOUR Superstore, alongside 376 affordable housing units to address municipal obligations. Operational quality is compromised by aging infrastructure and maintenance issues, with parts of the mall temporarily closed in March 2026. Rent levels are estimated at reduced rates, potentially $20-30 per square foot, compared to regional averages of $40, offering negotiation leverage but underscoring market saturation in traditional retail categories. Retailers evaluating leases should consider the site&#39;s evolution toward mixed-use as a factor influencing long-term viability, balancing short-term cost savings against closure uncertainties.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Livingston&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Barnes \u0026 Noble&quot;,&quot;distance&quot;:28.13,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;73&quot;,&quot;gla_sqm&quot;:&quot;90006&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Barnes \u0026 Noble&quot;}},{&quot;id&quot;:9154,&quot;slug&quot;:&quot;cloverleaf-crossing-1&quot;,&quot;name&quot;:&quot;Cloverleaf Crossing&quot;,&quot;lat&quot;:&quot;40.577&quot;,&quot;lng&quot;:&quot;-74.281&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Cloverleaf Crossing is a newly developed retail center located at 1000 Saint Georges Avenue in Avenel, New Jersey, within Woodbridge Township. Spanning over 60,000 square feet, it opened in late 2025, revitalizing a previously vacant site at the intersection of Routes 1, 9, and 35. The property features modern upgrades including paver walkways, decorative signage, EV charging stations, and 298 on-site parking spaces. Anchored by Sprouts Farmers Market, the tenant mix emphasizes healthy living with grocery, dining options like healthy eateries, and lifestyle services such as a skincare center. Additional spaces are available for retail, dining, and lifestyle tenants. The center benefits from a PILOT program that reduces real estate taxes and provides predictable payments for lessees. Market position is strong due to high visibility and signalized access in a busy corridor. Within a 1-mile radius, population is approximately 19,113 with 6,801 households and median household income of $132,352. The 3-mile radius expands to 140,984 residents, reflecting a diverse, urban-suburban demographic in Middlesex County with significant Asian and Hispanic populations. Leasing advantages include prime exposure to 95,000+ vehicles per day, proximity to major highways, and the New York Port and Newark Airport within 30 minutes, supporting robust daytime population and logistics traffic. Occupancy is building as a new development, with strong demand in the convenience and health-focused retail sectors. Potential challenges include establishing footfall in a competitive area with nearby national retailers like Home Depot and Walgreens, and navigating market saturation in grocery categories. Overall, it offers balanced opportunities for tenants seeking high-traffic locations with modern infrastructure and tax incentives, though success depends on complementary positioning within the existing tenant mix.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Avenel&quot;},&quot;anchor_tenants&quot;:&quot;Sprouts Farmers Market, Sketchers&quot;,&quot;distance&quot;:41.67,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;5678&quot;,&quot;anchor_tenants&quot;:&quot;Sprouts Farmers Market, Sketchers&quot;}},{&quot;id&quot;:5662,&quot;slug&quot;:&quot;the-shops-at-nanuet&quot;,&quot;name&quot;:&quot;The Shops At Nanuet&quot;,&quot;lat&quot;:&quot;41.0956047&quot;,&quot;lng&quot;:&quot;-74.0170808&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;The Shops at Nanuet, located in Nanuet, New York, within Rockland County, is an open-air lifestyle center spanning 60 acres with approximately 780,000 square feet of gross leasable area. Opened in 2003 as a redevelopment of the former Nanuet Mall, it features a mix of retail, dining, and entertainment options targeted at middle- to upper-income shoppers. The property sits at the intersection of New York State Route 59 and Middletown Road, providing strong accessibility via major highways connecting to New York City and northern New Jersey. Trade area demographics include a population of 438,385 within a 5-mile radius, 143,776 households with an average income of $124,871, and a daytime workforce of 220,160, supporting a stable consumer base in an affluent suburban market. Tenant mix emphasizes fashion (e.g., J. Crew, Gap, Michael Kors, Sephora), big-box anchors (Macy&#39;s, BJ&#39;s Wholesale Club), dining (Buffalo Wild Wings, Sur La Table), and entertainment (Regal Cinemas, 24 Hour Fitness). Occupancy stands at around 93%, with sales per square foot averaging $900, though recent challenges include vacancies filled by discount tenants amid post-pandemic recovery. Rent levels are approximately $7.00 per square foot annually for available spaces, with flexible leasing options for permanent and short-term pop-ups. The center&#39;s market position is as a regional draw in Rockland County, benefiting from proximity to high-income areas but facing competition from larger venues like Palisades Center. New ownership since January 2025, acquired for $60 million, plans mixed-use enhancements including 280 luxury apartments to boost footfall and create a live-work-play environment, potentially improving long-term leasing appeal. Operational quality is moderate, with aging elements from the 2003 build, but the open-air format enhances pedestrian experience. Leasing advantages include targeted demographics for lifestyle retail and opportunities for synergy with planned residential additions, though risks involve market saturation in fashion categories and economic sensitivity in suburban retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Nanuet&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s,Stop \u0026 Shop,Regal Cinemas,At Home&quot;,&quot;distance&quot;:20.35,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;33200&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s,Stop \u0026 Shop,Regal Cinemas,At Home&quot;}},{&quot;id&quot;:9129,&quot;slug&quot;:&quot;bayview-shopping-center-1&quot;,&quot;name&quot;:&quot;Bayview Shopping Center&quot;,&quot;lat&quot;:&quot;40.6689&quot;,&quot;lng&quot;:&quot;-74.1146&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Bayview Shopping Center is a 102,000 square foot open-air neighborhood retail property located at 177 Avenue A in Bayonne, New Jersey, constructed in 2001. Positioned in Hudson County near the Bayonne Bridge with access to Staten Island, it serves local residents and commuters in a dense urban catchment. The center historically anchored by an A\u0026P supermarket now features a large 66,544 square foot vacant space available for lease or division, alongside approximately 71,906 square feet of additional available space. Current tenants include Planet Fitness, a liquor store, laundromat, and local delicatessen, emphasizing convenience-oriented retail and everyday services. Occupancy is impacted by the anchor vacancy, contributing to moderate footfall in a market with low overall retail vacancy rates around 3.3 percent regionally. Accessibility benefits from proximity to major routes and public transit, though the property faces competition from larger centers like Bayonne Crossing. Demographic profile includes working-class and middle-income households with strong demand for essential goods. Operational quality is moderate due to 2001 infrastructure requiring updates. Leasing advantages include flexible space division options and value positioning, while risks involve anchor repositioning challenges and potential area redevelopment pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayonne&quot;},&quot;anchor_tenants&quot;:&quot;Former A\u0026P, Planet Fitness&quot;,&quot;distance&quot;:27.9,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;25&quot;,&quot;gla_sqm&quot;:&quot;9476&quot;,&quot;anchor_tenants&quot;:&quot;Former A\u0026P, Planet Fitness&quot;}},{&quot;id&quot;:6112,&quot;slug&quot;:&quot;the-mall-at-short-hills-1&quot;,&quot;name&quot;:&quot;The Mall At Short Hills&quot;,&quot;lat&quot;:&quot;40.7406858&quot;,&quot;lng&quot;:&quot;-74.3639472&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;The Mall at Short Hills, located in the affluent Short Hills section of Millburn, New Jersey, is a premier upscale shopping center owned by Simon Property Group with approximately 1.4 million square feet of gross leasable area and over 140 stores. It features anchor tenants Nordstrom and Bloomingdale&#39;s, alongside more than 40 New Jersey market-exclusive luxury brands such as Gucci, Louis Vuitton, and Chanel, complemented by upscale retailers like Apple and Williams-Sonoma. The mall serves a trade area population of about 425,000 with a median household income of $105,707, drawing heavily from high-income local demographics where Short Hills residents have median incomes exceeding $250,000. Positioned off Route 24 with proximity to I-78 and about 20 miles from Manhattan, it attracts cross-border shoppers from New York City. Occupancy stands at 95.9% as of late 2025, reflecting strong demand, with average sales per square foot at $1,400. Leasing advantages include high footfall from affluent consumers, robust tenant synergy in luxury categories, and potential for elevated sales due to the mall&#39;s reputation as New Jersey&#39;s top luxury destination. However, challenges encompass elevated rent levels averaging $120-$250 per square foot, limited public transportation options relying on personal vehicles, and competition from e-commerce and Manhattan&#39;s high-end retail corridors, which could impact performance in saturated luxury segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Millburn&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Nordstrom, Bloomingdale&#39;s, Neiman Marcus&quot;,&quot;distance&quot;:31.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;127600&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Nordstrom, Bloomingdale&#39;s, Neiman Marcus&quot;}},{&quot;id&quot;:5770,&quot;slug&quot;:&quot;short-hills-mall&quot;,&quot;name&quot;:&quot;Short Hills Mall&quot;,&quot;lat&quot;:&quot;40.7406858&quot;,&quot;lng&quot;:&quot;-74.3639472&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Short Hills Mall in Millburn, NJ, is an upscale 1.4 million sq ft center owned by Simon Property Group, featuring over 140 stores focused on luxury retail. It serves as the primary high-end destination in the suburban New York market, drawing from a trade area with affluent demographics, including two of the nations ten wealthiest counties like Morris and Somerset, where median household incomes surpass $150,000. Tenant mix emphasizes luxury fashion (60%), department stores (20%), accessories and jewelry (10%), and dining/services (10%), anchored by Nordstrom, Neiman Marcus, Bloomingdales, and Saks Fifth Avenue. Occupancy reached 96.4% in Q3 2025, with retailer sales per square foot at $1,400 and base minimum rents around $59 PSF, indicating superior performance compared to national mall averages of $600 PSF sales. Leasing advantages include estimated annual footfall exceeding 10 million visitors, bolstered by strong accessibility via Interstate 78, Route 24, and the nearby Short Hills NJ Transit rail station, facilitating easy access for regional commuters. The propertys operational quality is high, with modern amenities and valet parking enhancing the premium experience. However, challenges encompass elevated rent levels that deter smaller or mid-tier tenants, market saturation in luxury categories amid e-commerce growth, and competition from Manhattan luxury districts and nearby outlets, potentially capping expansion. Economic sensitivity in high-income areas could impact spending during downturns, as luxury sales fluctuate more than value segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Short Hills&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Bloomingdale&#39;s, Neiman Marcus, Nordstrom&quot;,&quot;distance&quot;:31.23,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;120780&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Bloomingdale&#39;s, Neiman Marcus, Nordstrom&quot;}},{&quot;id&quot;:5664,&quot;slug&quot;:&quot;menlo-park-mall&quot;,&quot;name&quot;:&quot;Menlo Park Mall&quot;,&quot;lat&quot;:&quot;40.5477276&quot;,&quot;lng&quot;:&quot;-74.3355324&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Menlo Park Mall is a two-level super regional shopping center located at 55 Parsonage Road in Edison, New Jersey, owned and managed by Simon Property Group since 1997. With a gross leasable area of approximately 1.3 million square feet, it features over 140 stores, including anchors such as Nordstrom, Macy&#39;s, Barnes \u0026 Noble, AMC Dine-In Theatre, and Round 1 Entertainment. The tenant mix is balanced, with 40% apparel (e.g., Apple Store, Lululemon), 15% beauty (e.g., Sephora), 10% dining (e.g., Benihana, The Cheesecake Factory), and additional lifestyle, fitness, and entertainment options to encourage cross-shopping and extended dwell times averaging 90 minutes. As of 2024, occupancy stands at 96.5%, surpassing the Northern New Jersey regional vacancy rate of 4.0%, indicating strong operational stability. The mall draws from a 10 km trade area of 825,000 residents with a median household income of $110,612 and a median age of 38, supported by Edison&#39;s diverse population of 107,000 where over 40% are Asian American and median income exceeds $108,000. Annual footfall reaches 12 million visitors, driven by proximity to the New York metro area and major highways like U.S. Route 1. Leasing advantages include competitive average rents of $22.61 per square foot, percentage rent structures tied to sales performance, and opportunities in high-traffic zones, though escalations of 3-5% annually reflect inflationary pressures. Market position is solid in Middlesex County, benefiting from affluent demographics and regional draw, but faces challenges from e-commerce erosion and nearby competition, positioning it as a viable option for retailers targeting middle-to-upscale consumers in a saturated Central New Jersey retail landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Edison&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Nordstrom, Barnes \u0026 Noble, AMC Theatres&quot;,&quot;distance&quot;:46.62,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;156&quot;,&quot;gla_sqm&quot;:&quot;120770&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, Nordstrom, Barnes \u0026 Noble, AMC Theatres&quot;}},{&quot;id&quot;:5515,&quot;slug&quot;:&quot;palisades-center&quot;,&quot;name&quot;:&quot;Palisades Center&quot;,&quot;lat&quot;:&quot;41.0981725&quot;,&quot;lng&quot;:&quot;-73.9573167&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Palisades Center is a 2.2 million-square-foot super-regional mall located in West Nyack, New York, approximately 20 miles north of New York City. Accessible via the New York State Thruway, Route 303, Route 59, and Palisades Interstate Parkway, it serves a densely populated trade area with an average household income of $123,009. The property features a diverse tenant mix across four levels, including retail stores like Adidas, Bath \u0026 Body Works, Dick&#39;s Sporting Goods, and Journeys; dining options; and entertainment venues such as the AMC Palisades 21 theater. Historically, it attracted up to 24 million visitors annually, but footfall has declined due to shifts toward online shopping and experiential retail. Occupancy has been impacted by anchor tenant departures, contributing to financial challenges, including a 2026 auction sale to Black Diamond Capital Management for approximately $463 million amid over $400 million in debt. New ownership plans reinvestment to enhance tenant mix and long-term viability. Leasing opportunities benefit from the mall&#39;s size and proximity to affluent demographics, potentially supporting high-traffic categories like fashion and entertainment. However, risks include aging infrastructure, market saturation in the New York metro area, and competition from e-commerce and nearby centers like Woodbury Common Premium Outlets. Rent levels are not publicly detailed but reflect distressed asset dynamics, with potential for negotiated terms under revitalization efforts. Operational quality varies, with strengths in accessibility but weaknesses in sustained performance metrics.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;West Nyack&quot;},&quot;anchor_tenants&quot;:&quot;Home Depot, Target, BJ&#39;s Wholesale, AMC, Dick&#39;s Sporting Goods&quot;,&quot;distance&quot;:22.37,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;218&quot;,&quot;gla_sqm&quot;:&quot;205996&quot;,&quot;anchor_tenants&quot;:&quot;Home Depot, Target, BJ&#39;s Wholesale, AMC, Dick&#39;s Sporting Goods&quot;}},{&quot;id&quot;:8066,&quot;slug&quot;:&quot;the-outlet-collection-jersey-gardens&quot;,&quot;name&quot;:&quot;The Outlet Collection Jersey Gardens&quot;,&quot;lat&quot;:&quot;40.6599534&quot;,&quot;lng&quot;:&quot;-74.1710692&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;The Outlet Collection Jersey Gardens, located in Elizabeth, New Jersey, is a 1.3 million square foot indoor outlet mall opened in 1999 and owned by Simon Property Group. It serves as New Jersey&#39;s largest outlet destination, drawing 18 million annual visitors due to its proximity to New York City (30 minutes by car) and Newark Liberty International Airport. The property features over 200 stores with a tenant mix comprising 40% apparel and accessories (e.g., Nike, Coach Outlet, Abercrombie \u0026 Fitch Outlet), 30% footwear and sportswear, 20% home goods and beauty (e.g., HomeGoods, ULTA Beauty), and 10% dining and entertainment, anchored by Saks OFF 5TH, Primark, Burlington, Century 21, and AMC Theatres. Occupancy stands at 96%, with average sales per square foot at $850, supported by tax-free shopping on clothing and shoes. The trade area within a 10 km radius has a population of 130,150, median household income of $44,407, and high ethnic diversity (60% Hispanic, 20% Black). Leasing advantages include base rents of $25-45 per square foot plus 15-30% overage rents, flexible terms, and high footfall from tourists and locals, though challenges include traffic congestion on access routes like the NJ Turnpike and Route 1\u00269, market saturation in regional outlets exceeding 5 million square feet, and competition from full-price malls like Woodbridge Center and experiential venues like American Dream. Aging infrastructure from the 1990s may require future investments, and e-commerce pressures have eroded foot traffic by 10-15% post-pandemic, impacting discretionary spending in a local area with 18% poverty rate.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Elizabeth&quot;},&quot;anchor_tenants&quot;:&quot;Saks OFF 5th, Neiman Marcus Last Call, Century 21, Burlington Coat Factory, Primark&quot;,&quot;distance&quot;:29.8,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;120087&quot;,&quot;anchor_tenants&quot;:&quot;Saks OFF 5th, Neiman Marcus Last Call, Century 21, Burlington Coat Factory, Primark&quot;}},{&quot;id&quot;:5660,&quot;slug&quot;:&quot;westfield-world-trade-center&quot;,&quot;name&quot;:&quot;Westfield World Trade Center&quot;,&quot;lat&quot;:&quot;40.7114207&quot;,&quot;lng&quot;:&quot;-74.0114897&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Westfield World Trade Center, located in Lower Manhattan, New York City, spans 365,000 square feet across multiple levels within the iconic Oculus transportation hub at the World Trade Center site. Opened in 2016, it serves as a key retail destination in a revitalized area with growing office occupancy exceeding 90% in surrounding towers, residential developments adding over 10,000 units since 2010, and annual tourist visits surpassing 60 million to the site. The tenant mix emphasizes upscale fashion, luxury accessories, technology, and dining, with anchors including Eataly (20,000 sq ft Italian marketplace), Apple Store, Gucci, Louis Vuitton, Bose, Under Armour, Sephora, and Kate Spade, alongside over 80 specialty stores. Sales per square foot average $1,190, above national mall benchmarks of $600-$800, driven by high footfall estimated at 20-25 million annual visitors facilitated by direct access to 13 subway lines, PATH trains, and ferries. Market position benefits from Lower Manhattan&#39;s economic rebound, with retail vacancy at 5-6% in 2025 per URW reports, though competition from Hudson Yards and Brookfield Place poses challenges. Leasing advantages include visibility in a transit-oriented hub attracting affluent demographics—office professionals (median income $120,000+), tourists, and young urban residents—but high asking rents of $400-$700 PSF and build-out costs of $200-$300 PSF may strain mid-tier retailers amid 6% submarket rent declines in some areas. Operational quality is strong with modern infrastructure, but risks involve market saturation in luxury categories and sensitivity to economic downturns affecting tourism and office traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;New York&quot;},&quot;anchor_tenants&quot;:&quot;Eataly, Apple, H\u0026M, Banana Republic, Victoria&#39;s Secret&quot;,&quot;distance&quot;:23.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;125&quot;,&quot;gla_sqm&quot;:&quot;33910&quot;,&quot;anchor_tenants&quot;:&quot;Eataly, Apple, H\u0026M, Banana Republic, Victoria&#39;s Secret&quot;}},{&quot;id&quot;:5963,&quot;slug&quot;:&quot;newport-centre&quot;,&quot;name&quot;:&quot;Newport Centre&quot;,&quot;lat&quot;:&quot;40.7271731&quot;,&quot;lng&quot;:&quot;-74.0362091&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Newport Centre is a 1.15 million square foot regional shopping mall located in Jersey City, New Jersey, on the Hudson River waterfront directly across from Lower Manhattan. Opened in 1987 and managed by Simon Property Group in partnership with the LeFrak Organization, it features three levels with 131 stores and services. Anchor tenants include Macy&#39;s, JCPenney, Kohl&#39;s, Primark, Dick&#39;s Sporting Goods House of Sport, and AMC Theatres. The tenant mix emphasizes mid-tier department stores, fashion retailers like H\u0026M, Zara, and Adidas, dining options such as Chick-fil-A and Zinburger, and entertainment. Situated in the Newport mixed-use development, the mall benefits from proximity to residential high-rises, office spaces, and the Newport Centre office tower connected via skybridge. Hudson County&#39;s retail market remains tight with a 1.7% vacancy rate as of late 2025, the lowest nationally for submarkets over 20 million square feet, supporting strong occupancy estimated above 90% at Newport Centre. Jersey City&#39;s overall retail vacancy was 2.4% in 2023, with asking rents averaging $70 per square foot for commercial spaces, though mall inline rents typically range $40-60 PSF based on regional reports. Accessibility is a key strength, with direct connections to PATH train at Newport station, Hudson-Bergen Light Rail, and NJ Transit buses (routes 9, 16, 63, 64, 68, 86, 126), facilitating commuter traffic from New York City and surrounding areas. The Urban Enterprise Zone status reduces sales tax to 3.3125%, with no tax on clothing at eligible merchants, enhancing appeal for budget-conscious shoppers. Leasing advantages include high visibility to affluent demographics in a growing waterfront community, stable footfall from transit users, and positioning as a convenient alternative to Manhattan shopping amid high NYC rents and congestion. However, recent anchor churn, such as Sears closure in 2024, highlights adaptation needs in a post-pandemic retail landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Jersey City&quot;},&quot;anchor_tenants&quot;:&quot;AMC Theatres, JCPenney, Macy&#39;s, Primark, Kohl&#39;s, Dick&#39;s House of Sport&quot;,&quot;distance&quot;:21.5,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;107080&quot;,&quot;anchor_tenants&quot;:&quot;AMC Theatres, JCPenney, Macy&#39;s, Primark, Kohl&#39;s, Dick&#39;s House of Sport&quot;}},{&quot;id&quot;:5771,&quot;slug&quot;:&quot;the-mills-at-jersey-gardens&quot;,&quot;name&quot;:&quot;The Mills At Jersey Gardens&quot;,&quot;lat&quot;:&quot;40.6600427&quot;,&quot;lng&quot;:&quot;-74.1714766&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;The Mills at Jersey Gardens is a 1.3 million square foot indoor outlet mall located in Elizabeth, New Jersey, approximately 10 miles from Manhattan and adjacent to Newark Liberty International Airport. Owned and managed by Simon Property Group, it features over 200 stores focused on value-oriented retail, including apparel, footwear, accessories, home goods, and electronics from brands such as Nike, Gap, Levi&#39;s, Saks Fifth Avenue OFF 5TH, and Adidas. Anchor tenants include Century 21 Department Store, Burlington, and AMC Theatres with 20 screens, complemented by dining options like Johnny Rockets and entertainment venues including Dave \u0026 Buster&#39;s. The mall&#39;s market position as New Jersey&#39;s largest indoor outlet draws a diverse customer base from the New York metropolitan area, benefiting from high tourist traffic due to its proximity to major highways (NJ Turnpike, I-78) and public transportation links. As of late 2025, the property maintains near-full occupancy at approximately 99%, with average base minimum rent around $41 per square foot across Simon&#39;s Mills portfolio, supported by reported tenant sales exceeding $850 per square foot. Leasing advantages include stable occupancy, percentage rent structures tied to strong sales performance, and access to a high-footfall environment estimated at 12-15 million annual visitors, driven by outlet savings of up to 70%. However, the outlet format emphasizes discount retail, potentially limiting appeal for full-price luxury brands, while regional economic fluctuations and e-commerce competition pose ongoing challenges to sustained performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Elizabeth&quot;},&quot;anchor_tenants&quot;:&quot;Saks OFF 5th, Primark, AMC Theatres, Burlington&quot;,&quot;distance&quot;:29.8,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;230&quot;,&quot;gla_sqm&quot;:&quot;120087&quot;,&quot;anchor_tenants&quot;:&quot;Saks OFF 5th, Primark, AMC Theatres, Burlington&quot;}}]}" data-map-update-url-value="/malls/westfield-garden-state-plaza" id="mall-map-wrapper"><div data-city="Paramus" data-current-mall="true" data-id="westfield-garden-state-plaza" data-lat="40.9181729" data-lng="-74.076331" data-map-target="mall" data-name="Westfield Garden State Plaza" 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">10 km</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">30 km</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,300,000 people</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.2 %</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">144,349 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">3.5 %</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">120 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">29,400 USD/year</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">1,200 USD/year</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">4,500 USD/year</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">800 USD/year</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">20,000,000 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">5,382 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">300 stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">3 anchors</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">High qualitative</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High qualitative</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">196,835 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">807 USD/sqm/year</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">2 %</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">High qualitative</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Good qualitative</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">10,796 spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High qualitative</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 qualitative</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">70 %</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">Low qualitative</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced qualitative</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">50 events/year</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40 percent</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">High qualitative</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">15 tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Ongoing status</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>