CBL PROPERTIES

STROUD MALLStroudsburg, PA

HIGHLIGHTS

TRADE AREA 356,061 (2018 est.)

CENTER EMPLOYMENT 300 (est.)

YEAR OPENED 1978

NUMBER OF STORES 51

SIZE 403,258 square feet

FEATURED STORES JCPenney, Cinemark, Victoria’s Secret, Bath & Body Works, The Beauty Institute, ShopRite (coming soon), and Books A Million

WEBSITE Stroud-Mall.com

CBL PROPERTIEScblproperties.com

NYSE: CBL

FOR LEASING:Jim Smajda

p. 724.836.5025 ext. 235 c. 412.443.2751Jim.Smajda@cblproperties.com

CORPORATE OFFICE:CBL Center, Suite 500

2030 Hamilton Place BoulevardChattanooga, TN 37421-6000

423.855.0001

MALL OFFICE:344 Stroud Mall Road, Suite 454

Stroudsburg, PA 18360570.424.2770

CBL PROPERTIESSTROUD MALLStroudsburg, PA

TRADE AREA FACTS• Stroud Mall is located in the heart of the Pocono Mountains. Tourism

to the area generates 26.6 million annual visitors, over $1 billion in economic impact and over 33,753 jobs.

• Easily accessible destination from New York City and Philadelphia, each approximately 80 miles away.

• Home to America’s largest indoor water park, Kalahari Resort & Convention Center as well as two other large indoor water parks/resorts, Great Wolf Lodge and Camelback. Another area attraction, Mount Airy Resort & Casino is located less than 15 miles from the property.

• There are more than 10,000 college and university students within 5 to 10 miles of Stroud Mall.

• Top employers in the area are Tobyhanna Army Depot (5,090 employees), Sanofi Pastuer (2,400 employees), Lehigh Valley Health Network (1,850 employees), Mount Airy Resort & Casino (1,400 employees).

Philadelphia

Stroudsburg

Allentown

Reading

New York

Trenton

PA NJNY

611309

611

33

80

22278

78

476

80476

287

287

380

MEDIAN AGE

2018 Estimate 47 47 47

POPULATION TRENDSPRIMARY

TRADE AREASECONDARY TRADE AREA

TOTAL TRADE AREA

2018 Estimate 157,468 198,593 356,061

2023 Projection 163,534 204,914 368,448

2010 Census 158,351 201,191 359,542

2018-2023 % Change 3.85% 3.18% 3.48%

2018 Daytime Population Estimate 69,833 71,845 141,678

AVERAGE HOUSEHOLD INCOME

2018 Estimate $79,084 $91,295 $85,982

2023 Projection $94,607 $109,872 $103,255

2018-2023 % Change 19.63% 20.35% 20.09%

DEMOGRAPHICS

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