CBRE Retail Team is seeking select ENTERTAINMENT / FOOD ... · Nike, Adidas, GAP, Under Armour,...

CONTACT EXCLUSIVE AGENTS:

JOSEPH KHOURIFirst Vice President +1 216 658 [email protected]

STEPHEN TAYLORVice President | Restaurant Practice Group+1 216 658 [email protected]

VINCE MINGO Associate+1 216 535 [email protected]

THE OUTLET SHOPPES AT CLEVELANDLOCATED AT I-90 & ROUTE 2, CLEVELAND, OH (JUST EAST OF DOWNTOWN)

CBRE Retail Team is seeking select ENTERTAINMENT / FOOD & BEVERAGE CONCEPTS to join the robust tenant mix at


The Outlet Shoppes at Cleveland will be located at Interstate-90 and Highway 2 interchange with average daily traffic counts of 125,154, across from the Burke Lakefront Airport. On Highway 2 near Ninth Street, the center will be close to the Rock & Roll Hall of Fame, all three professional sports venues, federal, state and municipal government offices, downtown hotels and office high-rises, the USS Cod Submarine Memorial, and the Great Lakes Science Center.

The Outlet Shoppes at Cleveland is designed to provide an exciting and attractive destination for shoppers that blends elements of the surrounding attractions and historic architecture with modern retail design. The dynamic views of Lake Erie and downtown Cleveland from the two-level structure and rooftop bar and recreation area will entice patrons to make frequent visits to the restaurant and entertainment venues.

An artisan food hall, gathering areas with amenities and attractive views will enhance the shopping experience, encouraging longer stays at the center providing increased sales. On-grade parking adjacent to the entrance coupled with multiple ride sharing pick up/drop off points, and close proximity to public transportation will make accessing The Outlets a breeze. All these factors contribute to an exceptional environment that will appeal to a wide range of local, regional and international visitors.

CBRE RETAIL TEAM IS SEEKING SELECT ENTERTAINMENT / FOOD & BEVERAGE CONCEPTS TO JOIN THE ROBUST TENANT MIX


PROJECT OVERVIEW• The Outlet Shoppes at Cleveland offers 323,000 SF of outlet retail shopping, restaurants and entertainment on two levels with unmatched access, visibility and high traffic counts.

• CBRE has been engaged by developer Horizon Group Properties to lease the entertainment and food & beverage spaces that will complement over 60+ national outlet retailers.

• Located across from Burke Lakefront Airport at I-90 & Route 2 interchange with traffic counts of over 125,154 VPD.

• Projected Opening Spring 2022

• HGP works with national and international retailers such as Tory Burch, Kate Spade, Cole Haan, Polo Ralph Lauren, The North Face, Nautica, Tommy Hilfiger, Calvin Klein, American Eagle, Skechers, The Children’s Place, Old Navy, Carter’s|OshKosh, Levi’s, Vera Bradley, Express, Michael Kors, Steve Madden, Coach, Armani, Francesca’s,

Nike, Adidas, GAP, Under Armour, Torrid, VANS, New Balance, Columbia, Timberland, Wilson’s Leather, Rack Room and much more.

• With close proximity to the Rock & Roll Hall of Fame, the three Cleveland professional sports venues, the Great Lakes Science Center, and more.

• Greater Cleveland welcomed 19.2 million visitors in 2018, up 3.9% from 2017.

• About the Developer - Horizon Group Properties - Distinguished for developing, managing, and marketing outlet shopping centers. Each property offers a wide variety of quality designer brands at discounted prices in a compelling outdoor environment within attractive markets. The Executive Team has over 150 years of combined Shopping Center Experience. Based in Rosemont, IL, Horizon currently operates eight designer outlet centers from coast to coast.

AVAILABLE SPACES• Restaurant Level 1 - 6,107 SF• Restaurant Level 2 - 4,399 SF• Entertainment Level 2 - 26,000 SF• Entertainment Level 2 - 30,000 SF


AERIAL VIEW

THE OUTLET SHOPPES AT CLEVELAND

CLEVELAND

E 9TH ST

E 3RD ST

E 18TH ST

SUPERIOR AVE

ST CLAIR AVE NE

174A

173C

173B

2


SITE PLAN

125,154 VPD

+ 38,000 Flights178,521 Passengers Served*2017

LOCATION Cleveland Memorial

Shoreway / Route 2 and South Marginal Road

Cleveland, Ohio

GROSS LEASABLE AREA

323,000 SF

DAILY TRAFFIC COUNTS

125,154 VPD

POPULATION 3,812,578

(60 MI RADIUS)

MAJOR CITIES Toledo, OH (144 MI)

Pittsburgh, PA (133 MI)Columbus, OH (141 MI)

PARKING 1,461 Spaces

1461


RETAIL LEVEL 1 - MERCHANDISING PLAN SERVICE CORRIDOR

SERVICE CORRIDOR

30000 SFMOVIE THEATER

B4007517 SFSKECHERS

B390

3436

SF

CH

AMPI

ON

B370

6014

SF

RES

ERVE

DB3

55

2535 SFRESERVED

B300

1020 SF

CAMPBELL'SSWEETS

B310

1175 SFAUNTIE ANNE'S

B320

1162

SF

LID

SB

340

1162

SF

SG

HB

330

1514

SF

STA

RB

UC

KS

B28

0

3572 SFRESTAURANT

B290

1250

SFGAC

B27

0

W M

SERVICE CORRIDOR

M

W

3044

SF

RES

ERVE

DB2

60

4699 SFRESTAURANT

B100

2699

SF

ASIC

S B130

5809 SFRACK ROOM

B150

2003

SF

RE

SE

RVE

DB

170

1083 SFCROCS

B190

3854

SF

NEW

BAL

ANC

EB2

00

7643 SFNORTH FACE

B240

26000 SFENTERTAINMENT

B7007000 SF

COLUMBAB600 8000 SF

ADIDASB650 4797 SF

TIMBERLANDB690 12734 SF

NIKEB500 7704 SF

UNDER ARMOURB550

STAIR

STA

IR

STA

IR

STAIRSTAIRSTAIR

STAIR

1747SF

PATIO

B100A

STAIR

STA

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STAIR

STA

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STAIRSTAIR

STAIRSTAIR

ESCALATO

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2250 SFPATIO

FC

200 SFKIOSK A

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100 SFKIOSK B

FC

100 SFKIOSK C

FC

6078 SFFOOD HALL

FC

1100

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RVE

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RVE

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B79

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1000

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B58

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970

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ELECT. RM

OPEN OPENOPEN

OPEN OPEN OPENOPENOPEN

SERVICE ELEVATOR

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PUBLIC CORRIDOR

ENTRY

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PUBLIC CORRIDOR

7434 SFTOMMY HILFIGER

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KLE

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A220

3158

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CO

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AAN

A230

3355

SF

TOR

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RC

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A250

3200

SF

KATE

SPA

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A270 5487 SF

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A2909280 SF

AMERICAN EAGLE

A3005186 SF

VANS

A350

6492

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CAR

TER

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4143

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RES

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A370

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RES

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A400

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A460

5509

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CH

ILD

REN

'S P

LAC

E

A590

4819

SF

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A57026

43 S

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A560

4128

SF

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STAL

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A54025

39 S

F

STE

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CO

SM

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A510

2000 SFZALES

A500

6125 SFMICHAEL KORS

A6803503

SF

ARM

ANI

A650

12178 SFPOLO RALPH LAUREN

A610

3321

SF

BATH

& B

OD

Y W

OR

KS

A790

3107

SF

VER

A B

RAD

LEY

A780

4075

SF

LEVI

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A760

6714 SFEXPRESS

A740

4500

SF

NAU

TIC

A

A720

6090 SFGUESS

A700 STA

IR

STA

IR

STA

IR

STAIRSTAIRSTAIR

STAIR

STAIR

STAIRSTAIR

STAIR

STAIR

STA

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WEST MAIN ENTRY

STAIR

STA

IR

ELEVATOR

SERVICE ELEVATOR

ELE

CT.

R

M

ELE

CT.

R

M

SERVICE ELEVATOR

SO

UTH

MA

IN

EN

TRY

SERVICE CORRIDORELECT.RM

ELECT.RM

ELEVATOR

1354

SF

RE

SE

RVE

DA6

00

2404

SF

RE

SE

RVE

DA5

50

STAIR

ESCALATO

R

SE

RV

ICE

/EG

RE

SS

CO

RR

IDO

R

UTILITIES

STO

RA

GE

STAIR

1686 SFRESTAURANT

C100

3593 SFPATIO

C100A

The Outlet Shoppes At Cleveland

SCALE: 1"=100'-0"

SCALE: 1"=100'-0"

RETAIL LEVEL 1

RETAIL LEVEL 2

OPEN AIR CONCEPTPrior Issue: 2019-10-07 Issued: 2019-10-09

Retail Level 1 GLA 167495 SFRetail Level 2 GLA 161596 SFRooftop GLA 1686 SFTotal GLA 330776 SF

ROOFTOP

Disclaimer: Names on this plan are shown as an example of typical retailers that are located in outlet centers and should not be viewed as committed to opening in this development unless formally announced by the developer and retailer.

SERVICE CORRIDOR

SERVICE CORRIDOR


B4007517 SFSKECHERS

B390

3436

SF

CH

AMPI

ON

B370

6014

SF

RES

ERVE

DB3

55

2535 SFRESERVED

B300

1020 SF

CAMPBELL'SSWEETS

B310


B320

1162

SF

LID

SB

340

1162

SF

SG

HB

330

1514

SF

STA

RB

UC

KS

B28

0

3572 SFRESTAURANT

B290

1250

SFGAC

B27

0

W M

SERVICE CORRIDOR

M

W

3044

SF

RES

ERVE

DB2

60

4699 SFRESTAURANT

B100

2699

SF

ASIC

S B130

5809 SFRACK ROOM

B150

2003

SF

RE

SE

RVE

DB

170

1083 SFCROCS

B190

3854

SF

NEW

BAL

ANC

EB2

00

7643 SFNORTH FACE

B240


B7007000 SF

COLUMBAB600 8000 SF

ADIDASB650 4797 SF


NIKEB500 7704 SF

UNDER ARMOURB550

STAIR

STA

IR

STA

IR

STAIRSTAIRSTAIR

STAIR

1747SF

PATIO

B100A

STAIR

STA

IR

STAIR

STA

IR

STAIRSTAIR

STAIRSTAIR

ESCALATO

R

2250 SFPATIO

FC

200 SFKIOSK A

FC

100 SFKIOSK B

FC

100 SFKIOSK C

FC

6078 SFFOOD HALL

FC

1100

SF

RE

SE

RVE

D

B78

0

1100

SF

RE

SE

RVE

D

B79

0

1000

SF

FOO

D T

EN

ANT

B58

0

970

SF

FOO

D T

EN

ANT

B59

0

ELECT. RM

OPEN OPENOPEN


SERVICE ELEVATOR

EG

RE

SS

CO

RR

ID

ELE

CT.

R

M

ELE

CT.

R

M

SERVICE ELEVATOR

PUBLIC CORRIDOR

ENTRY

TIX

PEDESTRIAN

BRIDGE ENTRY

PATIO

ELECT. RM

ELEVATOR

ELEVATOR

STA

IRW M

STORAGE

6107 SFRESTAURANT

A100

3044

SF

LEN

SCR

AFTE

RS

A120

2988

SF

CLA

RKS

A140

2164

SF

RE

SE

RVE

DA1

60

3008

SF

DKN

Y

A180

1293

SF

FRAG

RAN

CE

A195

M

W

SERVICE CORRIDOR

W M

OFF

ICE MAINT.

SE

RV

ICE

/EG

RE

SS

CO

RR

IDO

R

W

M

PU

BLI

C C

OR

R.

SE

RV

CE

/EG

RE

SS

CO

RR

IDO

R

PUBLIC CORRIDOR


A200

6727

SF

CAL

VIN

KLE

IN

A220

3158

SF

CO

LE H

AAN

A230

3355

SF

TOR

Y BU

RC

H

A250

3200

SF

KATE

SPA

DE

A270 5487 SF

COACH

A2909280 SF

AMERICAN EAGLE

A3005186 SF

VANS

A350

6492

SF

CAR

TER

S/ O

SHKO

SHA3

90

4143

SF

RES

ERVE

D

A370

2342

SF

RES

ERVE

D

A400

14788 SFOLD NAVY

A460

5509

SF

CH

ILD

REN

'S P

LAC

E

A590

4819

SF

NY

& C

O.

A57026

43 S

FJO

UR

NEY

S

A560

4128

SF

AER

OPO

STAL

E

A54025

39 S

F

STE

VEN

MAD

DE

N A520

2289

SF

CO

SM

EIT

C C

O.

A510

2000 SFZALES

A500

6125 SFMICHAEL KORS

A6803503

SF

ARM

ANI

A650


A610

3321

SF

BATH

& B

OD

Y W

OR

KS

A790

3107

SF

VER

A B

RAD

LEY

A780

4075

SF

LEVI

'S

A760

6714 SFEXPRESS

A740

4500

SF

NAU

TIC

A

A720

6090 SFGUESS

A700 STA

IR

STA

IR

STA

IR

STAIRSTAIRSTAIR

STAIR

STAIR

STAIRSTAIR

STAIR

STAIR

STA

IR

WEST MAIN ENTRY

STAIR

STA

IR

ELEVATOR

SERVICE ELEVATOR

ELE

CT.

R

M

ELE

CT.

R

M

SERVICE ELEVATOR

SO

UTH

MA

IN

EN

TRY


ELECT.RM

ELEVATOR

1354

SF

RE

SE

RVE

DA6

00

2404

SF

RE

SE

RVE

DA5

50

STAIR

ESCALATO

R

SE

RV

ICE

/EG

RE

SS

CO

RR

IDO

R

UTILITIES

STO

RA

GE

STAIR

1686 SFRESTAURANT

C100

3593 SFPATIO

C100A


SCALE: 1"=100'-0"

SCALE: 1"=100'-0"

RETAIL LEVEL 1

RETAIL LEVEL 2



ROOFTOP

RESTAURANT AVAILABLE

6,107 SF


RETAIL LEVEL 2 - MERCHANDISING PLAN

SERVICE CORRIDOR

SERVICE CORRIDOR


B4007517 SFSKECHERS

B390

3436

SF

CH

AMPI

ON

B370

6014

SF

RES

ERVE

DB3

55

2535 SFRESERVED

B300

1020 SF

CAMPBELL'SSWEETS

B310


B320

1162

SF

LID

SB

340

1162

SF

SG

HB

330

1514

SF

STA

RB

UC

KS

B28

0

3572 SFRESTAURANT

B290

1250

SFGAC

B27

0

W M

SERVICE CORRIDOR

M

W

3044

SF

RES

ERVE

DB2

60

4699 SFRESTAURANT

B100

2699

SF

ASIC

S B130

5809 SFRACK ROOM

B150

2003

SF

RE

SE

RVE

DB

170

1083 SFCROCS

B190

3854

SF

NEW

BAL

ANC

EB2

00

7643 SFNORTH FACE

B240


B7007000 SF

COLUMBAB600 8000 SF

ADIDASB650 4797 SF


NIKEB500 7704 SF

UNDER ARMOURB550

STAIR

STA

IR

STA

IR

STAIRSTAIRSTAIR

STAIR

1747SF

PATIO

B100A

STAIR

STA

IR

STAIR

STA

IR

STAIRSTAIR

STAIRSTAIR

ESCALATO

R

2250 SFPATIO

FC

200 SFKIOSK A

FC

100 SFKIOSK B

FC

100 SFKIOSK C

FC

6078 SFFOOD HALL

FC

1100

SF

RE

SE

RVE

D

B78

0

1100

SF

RE

SE

RVE

D

B79

0

1000

SF

FOO

D T

EN

ANT

B58

0

970

SF

FOO

D T

EN

ANT

B59

0

ELECT. RM

OPEN OPENOPEN


SERVICE ELEVATOR

EG

RE

SS

CO

RR

ID

ELE

CT.

R

M

ELE

CT.

R

M

SERVICE ELEVATOR

PUBLIC CORRIDOR

ENTRY

TIX

PEDESTRIAN

BRIDGE ENTRY

PATIO

ELECT. RM

ELEVATOR

ELEVATOR

STA

IRW M

STORAGE

6107 SFRESTAURANT

A100

3044

SF

LEN

SCR

AFTE

RS

A120

2988

SF

CLA

RKS

A140

2164

SF

RE

SE

RVE

DA1

60

3008

SF

DKN

Y

A180

1293

SF

FRAG

RAN

CE

A195

M

W

SERVICE CORRIDOR

W M

OFF

ICE MAINT.

SE

RV

ICE

/EG

RE

SS

CO

RR

IDO

R

W

M

PU

BLI

C C

OR

R.

SE

RV

CE

/EG

RE

SS

CO

RR

IDO

R

PUBLIC CORRIDOR


A200

6727

SF

CAL

VIN

KLE

IN

A220

3158

SF

CO

LE H

AAN

A230

3355

SF

TOR

Y BU

RC

H

A250

3200

SF

KATE

SPA

DE

A270 5487 SF

COACH

A2909280 SF

AMERICAN EAGLE

A3005186 SF

VANS

A350

6492

SF

CAR

TER

S/ O

SHKO

SHA3

90

4143

SF

RES

ERVE

D

A370

2342

SF

RES

ERVE

D

A400

14788 SFOLD NAVY

A460

5509

SF

CH

ILD

REN

'S P

LAC

E

A590

4819

SF

NY

& C

O.

A57026

43 S

FJO

UR

NEY

S

A560

4128

SF

AER

OPO

STAL

E

A54025

39 S

F

STE

VEN

MAD

DE

N A520

2289

SF

CO

SM

EIT

C C

O.

A510

2000 SFZALES

A500

6125 SFMICHAEL KORS

A6803503

SF

ARM

ANI

A650


A610

3321

SF

BATH

& B

OD

Y W

OR

KS

A790

3107

SF

VER

A B

RAD

LEY

A780

4075

SF

LEVI

'S

A760

6714 SFEXPRESS

A740

4500

SF

NAU

TIC

A

A720

6090 SFGUESS

A700 STA

IR

STA

IR

STA

IR

STAIRSTAIRSTAIR

STAIR

STAIR

STAIRSTAIR

STAIR

STAIR

STA

IR

WEST MAIN ENTRY

STAIR

STA

IR

ELEVATOR

SERVICE ELEVATOR

ELE

CT.

R

M

ELE

CT.

R

M

SERVICE ELEVATOR

SO

UTH

MA

IN

EN

TRY


ELECT.RM

ELEVATOR

1354

SF

RE

SE

RVE

DA6

00

2404

SF

RE

SE

RVE

DA5

50

STAIR

ESCALATO

R

SE

RV

ICE

/EG

RE

SS

CO

RR

IDO

R

UTILITIES

STO

RA

GE

STAIR

1686 SFRESTAURANT

C100

3593 SFPATIO

C100A


SCALE: 1"=100'-0"

SCALE: 1"=100'-0"

RETAIL LEVEL 1

RETAIL LEVEL 2



ROOFTOP

RESTAURANT/ PATIO AVAILABLE

4,699 SF

ENTERTAINMENT AVAILABLE26,000 SF

ENTERTAINMENT AVAILABLE30,000 SF

Disclaimer: Names on this plan are shown as an example of typical retailers that are located in outlet centers and should not be viewed as committed to opening in this development unless formally announced by the developer and retailer.


LOCATION MAP

THE OUTLET SHOPPES AT CLEVELANDTHE OUTLET SHOPPES AT CLEVELAND

Off I-90 & Route 2 just east of Downtown Cleveland

MAJOR CITIES Akron, OH (39 MI)Youngstown, OH (74 MI) Sandusky, OH (61 MI)Mansfield, OH (79 MI)

Ann Arbor, MI (167 MI) Toledo, OH (144 MI) Pittsburgh, PA (133 MI)Detroit, MI (168 MI)


ACCESS MAP

2

S. Marginal Rd

N. Marginal Rd

Lakeside Ave

Superior Ave

St. Clair Ave

Euclid Ave

Chester Ave

Prospect Ave

Carnegie Ave

Ontario

St

E 9th St


Public Square

W 3rd St

174A

173C

173B

174B

195B

173A

.17mi0 mi

ProposedPedestrian

Bridge

nuCLEusDevelopment

TheBeacon

Proposed Lakefront Development

Cleveland Convention

Center

Key Center

200 Public Square

Fifth Third Center

EY Tower

Cleveland One CenterW

3rd

St

To I-90

Lake Erie

E 9th

St

E 18

th S

t

E 17

th S

t

E 18

th S

t

E 24th St

E 21

st S

t

E 12

th S

tE

12th S

t

E 13

th S

t

W 9

th S

t

W 6

th S

t

Center St

W 10

th St

Cuyahoga River

Cuyah

oga R

iver

E 9th St

E 14

th S

t

East 4th St

Huron Rd

E 6th

ST

Superior Ave

Chester Ave

Superior AveW Superior Ave

W Superior Ave

Cart

er R

d

Carter Rd

Scranton Rd

St Clair AveW St Clair Ave

W Huron Rd

Lakeside AveLakeside Ave

Chester Ave

Payne Ave

Euclid Ave

Euclid AveHuron Rd

Prospect Ave

Prospect Ave

Carnegie Ave

Bolivar Rd

Carnegie Ave

Colu

mbu

s Rd

Ontario St

On

tari

o St

2

2

322

20

6

PROGRESSIVEFIELD

WolsteinCenter

QUICKEN LOANS ARENA

FIRST ENERGYSTADIUM

Greater ClevelandAquarium

JacobsPavilion

Galleria at Erieview

Port of Cleveland

Burke Lakefront Airport

CountyCourthouse

Global Center for

HealthInnovation

ClevelandPublicLibrary

TheArcade

ColonialMarketplace

ClevelandPublic

Auditorium

ClevelandCity Hall

Warehouse District

Flats East Bank

Flats West Bank

GatewayDistrict

PlayhouseSquare

CampusDistrict

Public Square

North Coast Harbor

To I-90/I-71/I-77

To I-90

To I-90

Lake Erie

ConnorPalace

2,800 seats

HannaTheatre550 seats

OutcaltTheatre334 seats

StateTheatre

3,200 seats

OhioTheatre

1,000 seats

AllenTheatre500 seats

HelenTheatre150 seatsWestfield

InsuranceTheatre300 seats

Cuyahoga River

Voinovich Bicentennial Park

RESIDENTIAL

Kennedy'sTheatre100 seats

INTERSTATE

90

CLEVELAND STATE UNIVERSITY17,730 Students

OHIO CITY

OHIO CITY

Tower City

Center

FederalCourthouse

STARBUCKS

Porcelli’s Bistro

STARBUCKS

DOWNTOWN CLEVELAND

RESTAURANT &HOSPITALITY OVERVIEW

Opening Soon:

STARBUCKS

Ginza Sushi House

Euclid Avenue | East 4th

Warehouse District

STARBUCKS

Theatre District

Flats East Bank

Public Square

Major Sports Teams

HotelNumber of Rooms

Aloft 150Comfort Inn 145DoubleTree 379Drury Plaza 189Hampton Inn 194Hilton 600Hilton Garden Inn 240Holiday Inn Express & Suites 141Hyatt Regency 293Kimpton Schofield 122Marriott at Key Tower 175Metropolitan at the 9 156Radisson at Gateway 142Renaissance 491Residence Inn 175Ritz-Carlton 205The Westin 484University Hotel 161Wyndham at Playhouse Square 205Total Hotel RoomsDowntown Cleveland 4,647

COMING SOON:

THE CEN T E N N I A L

CLEVELAND

T H E O U T L E T S H O P P E S AT C L E V E L A N D

PUBLIC SQUARE

NORTH


“Places you need to visit” National Geographic, 2018

10 Forward - Thinking American Cities Huffington Post, 2016

9th of the 25 Best Cities for a Job Glassdoor, 2017

#14 Best Food Cities in America Time, 2016

4th in Midwest attracting Biomedical Investment Dollars BioEnterprise, 2018

8th Fastest Growing Market for Tech Talent CBRE

10th Fastest Growth in Software Developers CBRE

DOWNTOWN CLEVELAND

BIG TEN INDOOR TRACK & FIELD CHAMPIONSHIP 2020NFL DRAFT 2021NBA ALL STAR GAME 2022NCAA WOMEN’S FINAL FOUR 2024

COMING TO CLEVELAND



• Downtown Cleveland is home to 3 major sports teams:

Cleveland Cavaliers, Cleveland Indians and Cleveland Browns

• Largest Residential Downtown Population in Ohio

• 19.2M Visitors to Greater Cleveland in 2018, up 3.9% from 2017

• Over $8 Billion in Downtown Development

• Playhouse Square is the 2nd Largest theater district outside of NYC

• The Cleveland Clinic #2 Hospital in the World - Newsweek 2019 Colleges/

Universities

• #1 Cardiology and Heart Surgery Hospital, The Cleveland Clinic - U.S. News &

World Report

• Highest concentration of Health Science jobs in the U.S.

16 Hotels

4,600+ Rooms

36 Median Age

200 Restaurants & Cafes

16.2M SF Office Space

23,000 Downtown Residents by the end of 2020

$8.1B Tourism Economic Impact

200 Events at Rocket Mortgage Fieldhouse

80+ Home Games Progressive Field

13M Annual Visitors to Jack Cleveland Casino

500,000 Annual Visitors to Rock N’ Roll Hall of Fame

1M+ Visitors to Playhouse Square

400 Events Next 6 Years Cleveland Convention Center

2,071,100 Population Cleveland MSA

31 Colleges/ Universities

5 Fortune 500 HQ’s

$57,090 Disposable Income

858,462 Households

6 Major Health Systems

5,000+ Restaurants

$43M Cultural Economic Impact

* Source: ESRI, CBRE Research 2018


WHY CLEVELAND?

HISTORY FACTS- 1796: Founded by Moses Cleaveland.- 1870: John D. Rockefeller founded Standard Ohio.- 1879: 1st city to be lit electrically.- 1885: Potato chips are 1st mass produced by Shearer’s.- 1901: Revolutionized the manufacturing of golf balls.- 1914: 1st city to use an electric traffi c signal.- 1917: Hector Boiardi opened his 1st restaurant.- 1920:1930: 5th largest city in US. - 1930: Terminal Tower is the 2nd Tallest Building in world.- 1938: Superman comic was created. - 1951: Alan Freed coined the term “Rock and Roll”.

2.0 MMSA POPULATION

GEOGRAPHY & TRANSPORTATION- Air: Cleveland Hopkins International Airport (156 Daily Nonstops)

Burke Lakefront Airport- Rail: 3 Class I railroads Amtrak (National)

Rapid Transit (Regional)

- Water: 6 deep-water ports (Port of Cleveland is 47th largest in US)

- Land: 5 Interstate Highways

LOCAL ECONOMY- GDP: $139.9 B in 2018- Growing faster than Columbus and Cincinnati- 17 B: Capital Development in CBD- Downtown Population increased 79% since 2000- 18 M Annual Visitors - $57,090: Annual Average Disposable Income- $43 M: Annual Cultural District Economic Impact- Almost 50% of the US Population is within 500 miles of Cleveland- 135: Cost of Living Index

© Copyright 2018 All rights reserved. Information contained herein, including projections, has been obtained from sources believed to be reliable, but has not been verifi ed for accuracy or completeness. CBRE, Inc. makes no guarantee, warranty or representation about it. Any reliance on such information is solely at your own risk. This information is exclusively for use by CBRE clients and professionals and may not be reproduced without the prior written permission of CBRE’s Global Chief Economist. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker.

HUNTING VALLEY:$436,700BENTLEYVILLE:$294,039PEPPER PIKE:$248,753

AFFLUENT SUBURBS

4.5 MNE OHIO POPULATION

Cleveland, Akron, Canton, Youngstown & Sandusky

RESTAURANT FACTORS- Tip Credit State: Yes- Minimum Wage: $8.55*- Sales Tax: 8%- Liquor License: $3K - $30K Max- Unemployment: 4.9%- Quality of Life, Housing Cost, Cost of Living: 27% below national average- Union Labor: Only in CBD & certain projects.- #84 in US for Cost of Doing Business

- Within 500 miles of Cleveland: 44% of US Households 56% of Fortune 500 companies

- Ohio: Top 3 states for favorable business tax rates on new investments.

Cleveland’s strategic location and proximity to other major markets reduces shipping time + rates. Lower hourly wages and competitive real estate options make Cleveland cost effi cient alternative to other regions.

INDUSTRY DRIVERS- Healthcare- Education- Trade, Transportation, Utilities - Professional Business - Finance/Legal - Manufacturing

- Biomedical- Technology- Insurance- Sports/Leisure- Automotive- Aerospace

32,120 High-tech workers6 Major Health Systems7 Fortune 500 Headquarters

4,763: # of Restaurants/Bars87% Class A Offi ce Occupancy#7 Food City (Travel + Leisure)

30% of workforce has a bachelor’s degree or higher

HIGHER EDUCATION

31 Colleges/Universities within NEOKent State (40,782)

University of Akron (25,177)

Cleveland State (17,260)

CLEVELANDChicago (5 hrs.)

Indianapolis (5 hrs.)

Toledo(2 hrs.)

Columbus (2 hrs.)

Dayton (3.5 hrs.)

Pittsburgh(2 hrs.)

Detroit(3 hrs.)

Cleveland Hopkins International Airport

(20 mins.)

Cincinnati (4 hrs.)

ATTRACTIONS CULTURE SPORTS- Cleveland Museum of Art (#2 in US: Business Insider)

- Severance Hall/Cleveland Orchestra (“Finest in America: New York Times) - Playhouse Square (Largest theatre district outside of New York)

- Natural History Museum - Botanical Garden- Cuyahoga National Park (Top 10 in US) - Great Lakes Science Center- Rock & Roll Hall of Fame (Bi-Annual host of Induction Ceremony)

- Westside Market (1.8 M Annual Visitors)

- Jack Casino (13 M Annual Visitors)

- Cleveland Zoo

NOTABLE EMPLOYERS

(9,490)

# 112

(3,000)

# 187

(1,600)

# 219

(1,990)

# 256

(2,670) (2,400)

(3,759)

# 190

(600)

# 465

(6,160)

# 412

(34,328) (21,519) (6,400) (6,000)

(4,455)

(3,500)(3,917) (3,000) (2,750) (1,566)

(700) (600)(1,564)(2,300)

# 423


© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the proper-ty and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Licensed Real Estate Broker. Source: Downtown Cleveland Alliance, 2018.

DOWNTOWN CLEVELAND | RECENT & PLANNED DEVELOPMENTS

RECENTLY COMPLETEDUNDER CONSTRUCTIONUNDERGOING RENOVATION

PLANNED

E.9th ST.

ONTARIO ST.

W. 3

rd St.

W. 6

th St.

WORTHINGTON YARDS

98 Units

W. St. Clair St.

STANDARD BUILDING281 Units + Retail

W HURON RD.

PROSPECT AVE.

HARBOR VERANDAS

16 Luxary Condos + Retai

E. 9th St.

PROSPECT AVE.

RESIDENCES AT HALLE

122 Units + Retail + Office

CLEVELAND ATHLETIC CLUB164 Units + Retail + Office

THE BEACON187 Units + Retail

nuCLEusResidential: 22 Stories, 400 Units

Retail: 100,000 SFOffice: 300,000 SF

2019-2024

925 EUCLID AVE.Residential: 460 UnitsOffice: Apx 300,000 SF

RESIDENCES AT TERMINAL TOWER

303 Units

THUNDERBIRD13+ Acre Riverfront DevelopmentGreat Lakes Brewery Coming Soon

E.14th St.

THE LUMEN318 Units + Retail

MAY COMPANY308 Units + Retail

W. 9th LOFTS12 Units

FLATS East Bank(Phase 3)

309 Units + Retail + Co-Working Space +Cinema

THE FLATSEast Bank

WAREHOUSE DISTRICT GATEWAY DISTRICT

PUBLIC SQUARE NORTH

119 Units + Retail

Convention Center

Superior Ave.

W. 9

th St.

HILLIARD BUILDING19 Units + Retail

TOWER AT ERIEVIEW

220 Luxary Apartments

$185 M 2-Year RenovationUnder Construction

ACTIVE & PROPOSED BUSINESS ATTRACTION• 3 National Headquarters relocated from Suburbs to Downtown• 3 Headquarters are considering relocating, totaling 640 jobs.• Blockland Tech Campus

2019:• CONCACAF Gold Cup Soccer Tournament• GCSC USA Triathlon National Championship• MLB All-Star Game

• BIG TEN Indoor Track & Field Championship• NFL Draft

2020:• NCAA Women’s Final Four2024:

• NBA All-Star Game2022:

THE GARFIELD125 Units + Retail

STATLER ARMS295 Units + Retail

• Residential: Over 3,000 New Units• Office: 400-700 K SF, accommodating 2,300-4,000 employees • Parking: Additional 2,924 Spaces

Projected by 2022:

RESERVE SQUARE

980 Units + Retail + Office

THE LEADER220 Units + Retail + Office

APPROVED FOR FUTURE DEVELOPMENT


CONTACT EXCLUSIVE AGENTS:

JOSEPH KHOURIFirst Vice President +1 216 658 [email protected]

STEPHEN TAYLORVice President | Restaurant Practice Group+1 216 658 [email protected]

VINCE MINGO Associate+1 216 535 [email protected]


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