CBL PROPERTIES

FAYETTE MALLLexington, KY

HIGHLIGHTS

TRADE AREA 824,980 (2017 est.)

CENTER EMPLOYMENT 2,750 (est.)

YEAR OPENED 1971

NUMBER OF STORES 150

SIZE 1,203,002 square feet

FEATURED STORES Macy’s, Dillard’s, DICK’S Sporting Goods, JCPenney, Altar’d State, Apple, The Cheesecake Factory, Cinemark (16 screens), Coach, Disney, H&M, Michael Kors, and Sephora

WEBSITE ShopFayette-Mall.com

CBL PROPERTIEScblproperties.com

NYSE: CBL

FOR LEASING:Laura Farren

p. 423.490.8620 c. 423.463.4589Laura.Farren@cblproperties.com

CORPORATE OFFICE:CBL Center, Suite 500

2030 Hamilton Place BoulevardChattanooga, TN 37421-6000

423.855.0001

MALL OFFICE:3401 Nicholasville Road, Suite 303

Lexington, KY 40503859.272.3493

CBL PROPERTIESFAYETTE MALLLexington, KY

TRADE AREA FACTS• Known as the “Horse Capital of the World,” Lexington, Kentucky

contributes over $5 billion a year to the state’s horse industry.

• Lexington is the financial, retail, healthcare and cultural core of the entire Bluegrass region.

• High household income of almost $80,000 is fueled by some of the largest corporations in the U.S., including Toyota’s primary Camry/Avalon/Lexus ES350 manufacturing facility, Ashland Oil, Lexmark, IBM, Square D, The Trane Company, and Tempur-Pedic.

• 27 companies, including Toyota, Florida Tile, EnerBlu Inc. and Xooker invested $1.5 billion in the Lexington area for business expansion in 2017.

• 12 major colleges and universities in the primary trade area, with over 63,000 students.

• The University of Kentucky sits two miles north of the center with an annual enrollment of over 30,700 students.

• 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), Top Manufacturing State (#6), Best Cost of Doing Business (#5), Best Midsized City for New Grads (#2), Best City to Start a Business (#8).

Lexington

Cincinnati

Louisville

FromKnoxville

75

71

6464

75

MEDIAN AGE

2017 Estimate 38 42 40

POPULATION TRENDSPRIMARY

TRADE AREASECONDARY TRADE AREA

TOTAL TRADE AREA

2022 Projection 420,298 448,220 868,518

2017 Estimate 396,214 428,766 824,980

2010 Census 369,850 412,671 782,521

2017-2022 % Change 6.08% 4.54% 5.28%

2017 Daytime Population Estimate 251,368 189,885 441,253

AVERAGE HOUSEHOLD INCOME

2022 Projection $92,586 $76,397 $84,384

2017 Estimate $80,084 $65,172 $72,473

2017-2022 % Change 15.61% 17.22% 16.44%

DEMOGRAPHICS

Source: 2010 Census; Scan/US 2017/2022 Estimates