MALL CHERRYVALE Rockford, IL CBL PROPERTIES HIGHLIGHTS NUMBER OF STORES 130 TRADE AREA 640,142 (2018 est.) SIZE 849,253 square feet CENTER EMPLOYMENT 2,500 (est.) FEATURED STORES Macy’s, JCPenney, Barnes & Noble, H&M, Victoria’s Secret, White House/Black Market, LOFT, Pandora, Chico’s, Bath & 1973 Body Works, Soma, and Francesca’s YEAR OPENED WEBSITE ShopCherryvaleMall.com CORPORATE OFFICE: FOR LEASING: CBL Center, Suite 500 MALL OFFICE: CBL PROPERTIES Allen Rock 7200 Harrison Ave., Suite 5 cblproperties.com 2030 Hamilton Place Boulevard p. 734.462.1100 ext. 5522 c. 423.802.9324 Rockford, IL 61112 NYSE: CBL Chattanooga, TN 37421-6000 [email protected] 815.332.2451 423.855.0001 DEMOGRAPHICS TRADE AREA FACTS PRIMARY SECONDARY TOTAL • Adjacent to CherryVale Mall is an upscale lifestyle center, The District POPULATION TRENDS TRADE AREA TRADE AREA TRADE AREA at CherryVale. 2018 Estimate 342,252 296,890 640,142 • Rockford is the largest city in Illinois outside of the Chicago 2023 Projection 335,889 298,751 634,640 metropolitan area, and is conveniently located just 65 miles 2010 Census 356,541 305,959 662,500 northwest of Chicago’s O’Hare Airport. 2018 Daytime Population Estimate 199,177 139,548 338,725 • The aerospace industry has a very large presence in the Rockford area with over 100 companies making products which contribute to the aerospace industry, and two Tier 1 aerospace suppliers. AVERAGE HOUSEHOLD INCOME 2018 Estimate $77,153 $72,628 $75,061 • There are 50% more engineers per capita in the Rockford area than 2023 Projection $95,643 $87,474 $91,848 the US average. 2018-2023 % Change 23.96% 20.44% 23.36% • A 4th major hospital has now opened in Rockford, further expanding Rockford’s position as a regional medical center. At present time there are over 12,000 people employed in the healthcare industry. MEDIAN AGE • The Rockford area is a sports mecca, with newly expanded state-of- 2018 Estimate 43 43 43 the-art sports facilities making the Rockford area the premier sports center in the Midwest, hosting dozens of large sports tournaments throughout the year. Source: 2010 Census; Scan/US 2018/2023 Estimates Madison Milwaukee 39 43 WI 90 IL 20 Bus 20 Rockford 90 39 Chicago From Bloomington 88 CHERRYVALE MALL Rockford, IL CBL PROPERTIES.
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