WEST TOWNE MALL - CBL Properties · WEST TOWNE MALL Madison, WI HIGHLIGHTS TRADE AREA 637,119 (2018 est.) CENTER EMPLOYMENT 1,750 (est.) YEAR OPENED 1970 NUMBER OF STORES 110 SIZE

CBL PROPERTIES

WEST TOWNE MALLMadison, WI

HIGHLIGHTS

TRADE AREA 637,119 (2018 est.)

CENTER EMPLOYMENT 1,750 (est.)

YEAR OPENED 1970

NUMBER OF STORES 110

SIZE 828,602 square feet

FEATURED STORES William’s Sonoma, Pottery Barn, Sephora, Athleta, The Cheesecake Factory, and Bonefish Grill

WEBSITE Shopwesttowne-mall.com

CBL PROPERTIEScblproperties.com

NYSE: CBL

FOR LEASING:Wayne Adcoe

p. 423.490.8230 c. [email protected]

CORPORATE OFFICE:CBL Center, Suite 500

2030 Hamilton Place BoulevardChattanooga, TN 37421-6000

423.855.0001

MALL OFFICE:66 West Towne

Madison, WI 53179608.833.1544

CBL PROPERTIESWEST TOWNE MALLMadison, WI

TRADE AREA FACTS• Approximately 70,000 students attend University of Wisconsin -

Madison, Edgewood College, Madison College, Herzing College, Lakeland College, Concordia University, and Upper Iowa University.

• Madison and Dane County have the lowest unemployment in the State of Wisconsin, fueled by the University of Wisconsin, state government, American Family Insurance, UW Health and Epic Systems.

• Across the street from West Towne, at the intersection of Mineral Point and Gammon Road, an 80,000 square foot building is under construction for Navitus Health Systems, which will eventually employ 1,000 people.

• Located just two miles from West Towne, University Research Park, a University of Wisconsin-Madison affiliate, is an internationally recognized research and technology park with more than 126 tenants and 3,500 employees.

• Ranked America’s 5th most innovative city, Madison is home to leading-edge bioscience employers such as Epic Systems Corporation, GE Healthcare, Promega and Covance among others.

FromMilwaukee

Madison

and Crossing94

51

39

90

12

14

51

12

18

12/14

12/14

151

MEDIAN AGE

2018 Estimate 37 42 40

POPULATION TRENDSPRIMARY

TRADE AREASECONDARY TRADE AREA

TOTAL TRADE AREA

2018 Estimate 352,446 284,673 637,119

2023 Projection 372,207 297,637 669,844

2010 Census 315,956 266,569 582,525

2018-2023 % Change 5.61% 4.55% 5.14%

2018 Daytime Population Estimate 317,603 165,613 483,216

AVERAGE HOUSEHOLD INCOME

2018 Estimate $101,649 $87,532 $95,378

2023 Projection $116,994 $100,709 $109,800

2018-2023 % Change 15.10% 15.05% 15.12%

DEMOGRAPHICS

Source: 2010 Census; Scan/US 2018/2023 Estimates