Highlights Meridian Mall

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Highlights Meridian Mall MERIDIAN MALL Lansing (Okemos), MI Anchor Redevelopment Opportunities: Seeking Retail & Non-Retail Uses CBL PROPERTIES Building A: 74,889-square-feet (one level) Building B: 93,597-square-feet (two levels) HIGHLIGHTS NUMBER OF STORES 92 TRADE AREA 598,443 (2017 est.) SIZE 943,904 square feet CENTER EMPLOYMENT 1,500 (est.) FEATURED STORES Macy’s, JCPenney, Dick’s Sporting Goods, Bed, Bath & Beyond, Schuler’s Books, and H&M YEAR OPENED 1969 WEBSITE MeridianMall.com CORPORATE OFFICE: FOR LEASING: CBL Center, Suite 500 MALL OFFICE: CBL PROPERTIES Allen Rock 1982 Grand River Ave. cblproperties.com 2030 Hamilton Place Boulevard p. 734.462.1100 c. 423.802.9324 Oekmos, MI 48864 NYSE: CBL Chattanooga, TN 37421-6000 [email protected] 517.349.2031 423.855.0001 DEMOGRAPHICS TRADE AREA FACTS PRIMARY SECONDARY TOTAL • Meridian Mall serves the Mid-Michigan geographic area including POPULATION TRENDS TRADE AREA TRADE AREA TRADE AREA Michigan’s capital city, Lansing, and the surrounding counties of 2022 Projection 411,872 210,864 622,736 Ingham, Eaton, Clinton and Shiawassee. 2017 Estimate 393,636 204,807 598,443 • Our trade area is the home to 13 colleges and universities including 2010 Census 391,620 199,157 590,777 Michigan State University (50,019 students), Lansing Community 2017-2022 % Change 4.63% 2.96% 4.06% College and the nation’s 7th largest law school, Western Michigan 2017 Daytime Population Estimate 245,200 68,615 313,815 University Cooley Law School. • The facility for Rare Isotope Beams (FRIB), a nuclear physics research project, was awarded to Michigan State University. Opening in 2021, AVERAGE HOUSEHOLD INCOME FRIB estimates a $1B economic impact over its first decade of 2022 Projection $90,743 $99,111 $93,448 operation. 2017 Estimate $75,262 $82,454 $77,579 • The largest employers for the area are the State of Michigan, Michigan 2017-2022 % Change 20.57% 20.20% 20.46% State University, Sparrow Health System and General Motors. One of the leading job sectors in the Lansing area is the insurance industry; which boasts over 7,000 employees at several of the nation’s leading insurance companies that are headquartered in Lansing. MEDIAN AGE 2017 Estimate 38 42 40 • Tourism brings more than 4.8 million visitors each year to the area and generates $336 million in sales Source: 2010 Census; Scan/US 2017/2022 Estimates From Saginaw Flint 127 From Grand Rapids 69 75 96 23 Lansing 496 Okemos 43 96 96 From 69 Detroi 127 t From From Jackson Ann Arbor MERIDIAN MALL Lansing (Okemos), MI CBL PROPERTIES .
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