FAYETTE MALL Lexington, KY CBL PROPERTIES

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FAYETTE MALL Lexington, KY CBL PROPERTIES MALL FAYETTE Lexington, KY CBL PROPERTIES HIGHLIGHTS NUMBER OF STORES 150 TRADE AREA 824,980 (2017 est.) SIZE 1,203,002 square feet CENTER EMPLOYMENT 2,750 (est.) FEATURED STORES Macy’s, Dillard’s, DICK’S Sporting Goods, JCPenney, Altar’d State, Apple, The Cheesecake Factory, Cinemark (16 1971 screens), Coach, Disney, H&M, Michael Kors, and Sephora YEAR OPENED WEBSITE ShopFayette-Mall.com CORPORATE OFFICE: FOR LEASING: CBL Center, Suite 500 MALL OFFICE: CBL PROPERTIES Laura Farren 3401 Nicholasville Road, Suite 303 cblproperties.com 2030 Hamilton Place Boulevard p. 423.490.8620 c. 423.463.4589 Lexington, KY 40503 NYSE: CBL Chattanooga, TN 37421-6000 [email protected] 859.272.3493 423.855.0001 DEMOGRAPHICS TRADE AREA FACTS PRIMARY SECONDARY TOTAL • Known as the “Horse Capital of the World,” Lexington, Kentucky POPULATION TRENDS TRADE AREA TRADE AREA TRADE AREA contributes over $5 billion a year to the state’s horse industry. 2022 Projection 420,298 448,220 868,518 • Lexington is the financial, retail, healthcare and cultural core of the 2017 Estimate 396,214 428,766 824,980 entire Bluegrass region. 2010 Census 369,850 412,671 782,521 • High household income of almost $80,000 is fueled by some of the 2017-2022 % Change 6.08% 4.54% 5.28% largest corporations in the U.S., including Toyota’s primary Camry/ Avalon/Lexus ES350 manufacturing facility, Ashland Oil, Lexmark, 2017 Daytime Population Estimate 251,368 189,885 441,253 IBM, Square D, The Trane Company, and Tempur-Pedic. • 27 companies, including Toyota, Florida Tile, EnerBlu Inc. and AVERAGE HOUSEHOLD INCOME Xooker invested $1.5 billion in the Lexington area for business 2022 Projection $92,586 $76,397 $84,384 expansion in 2017. 2017 Estimate $80,084 $65,172 $72,473 • 12 major colleges and universities in the primary trade area, with 2017-2022 % Change 15.61% 17.22% 16.44% over 63,000 students. • The University of Kentucky sits two miles north of the center with an annual enrollment of over 30,700 students. MEDIAN AGE • Lexington / The Bluegrass consistently place in top 10 of national lists; i.e., Destinations to Visit in 2018 (#9), Best Large Real Estate Market (#6), 2017 Estimate 38 42 40 Top Manufacturing State (#6), Best Cost of Doing Business (#5), Best Source: 2010 Census; Scan/US 2017/2022 Estimates Midsized City for New Grads (#2), Best City to Start a Business (#8). Cincinnati 71 75 Louisville 64 64 Lexington 75 From Knoxville FAYETTE MALL Lexington, KY CBL PROPERTIES.
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  • Laurence Paskowitz, Et Al. V. CBL & Associates Properties, Inc., Et Al. 19
    UNITED STATES DISTRICT COURT EASTERN DISTRICT OF TENNESEE CHATTANOOGA DIVISION LAURENCE PASKOWITZ, O n B ehalf O f H imself A nd A ll O thers S imilarly S ituated, Plaintiff, v. C ivil .A ction No. ____________ CBL & ASSOCIATES PROPERTIES, INC., STEPHEN CLASS ACTION D. LEBOVITZ, CHARLES B. LEBOVITZ, A. LARRY CHAPMAN and FARZANA KHALEEL, JURY DEMAND Defendants. Plaintiff Laurence Paskowitz (“Plaintiff”), by his attorneys, alleges for his Class Action Complaint against D efendants (defined below) upon personal knowledge as to himself and his own acts, and as to all other matters upon information and belief based upon, inter alia , the investigation made by and through his attorneys (including review of SEC filings, press releases and court proceedings), as follows: SUMMARY OF THE ACTION 1. This is a securities fraud class action brought o n behalf of all persons who purchased the publicly traded securities of defendant CBL & Associates Properties, Inc. (“CBL” or “the Company”) from November 8, 2017 through March 26, 2019 (the “Class Period”). In addition to the Company, D efendants named herein are CBL’s founder and Board Chairman Charles B. Lebovitz, Chief Executive Officer Stephen D. Lebovitz, Chief Financial Officer Farzana Khaleel , and Audit Committee Chairman A. Larry Chapman (collectively, “ the Individual Defend a nts”). Case 1:19-cv-00149-JRG-CHS Document 1 Filed 05/17/19 Page 1 of 23 PageID #: 1 2. CBL, th rough its two operating subsidiaries, is organized as a real estate investment trust (“REIT”). The C ompany’s business is described as follows: “We own, develop, acquire, lease, manage, and operate regional shopping malls, open - air and mixed - use centers, o utlet centers, associated centers, community centers, office and other properties.
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  • August 2020 | Volume Xxviii, Issue Viii
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  • Fayette Mall Lexington, KY
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