Southridge Mall

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire Southridge Mall (the “Mall” or “Property”), Wisconsin's #1 ranked super regional mall by foot traffic serving Milwaukee County's thriving retail corridor.

Comprising approximately 928,974 square feet (“SF”) of gross leasable area (“GLA”), Southridge Mall features an anchor lineup that is ideally suited for the trade area including JCPenney (175,876 SF) and Macy’s (180,800 SF). The former Sears space has since been successfully transformed – backfilled by Dick’s Sporting Goods, Golf Galaxy, Round 1, and TJMaxx, while the former Boston Store parcel has been approved for redevelopment in what could eventually bring more than 700 apartment units, 20,000 square feet of retail space and a 15,000-square-foot activated greenspace to the site. Supported by a diverse tenant mix including 12 QSRs, six full-service restaurants, and premier entertainment anchors including Round 1 Entertainment and Marcus Theaters BistroPlex, Southridge Mall boasts small shop sales productivity of $373/SF and a healthy 12.0% occupancy cost. Excluding the dark Boston Store slated for redevelopment, the Property is 85.8% occupied overall with a small shop occupancy of 86.5% - providing additional upside through lease-up supported by onsite, mixed-use demand drivers.

Situated on approximately 91 acres (~43.5 owned) and strategically located along South 76th Street (~25,590 VPD), just south of I-43 (~129,640 VPD), the Property is positioned as the sole regional mall serving southern Milwaukee's fastest growing suburban communities with more than 465,000 residents within a 7-mile radius.