CBL PROPERTIES

PEARLAND TOWN CENTERPearland, TX

HIGHLIGHTS

TRADE AREA 798,695 (2018 est.)

CENTER EMPLOYMENT 1,000 (est.)

YEAR OPENED 2008

NUMBER OF STORES 92

SIZE 1,200,000 square feet

FEATURED STORES DICK’S Sporting Goods, Dillard’s, Barnes & Noble, Macy’s, H&M, and Forever 21

WEBSITE PearlandTownCenter.com

CBL PROPERTIEScblproperties.com

NYSE: CBL

FOR LEASING:Russell Petty

c. 972.539.3927 p. 214.642.4630Russell.Petty@cblproperties.com

CORPORATE OFFICE:CBL Center, Suite 500

2030 Hamilton Place BoulevardChattanooga, TN 37421-6000

423.855.0001

MALL OFFICE:11200 Broadway Street, Suite 2751

Pearland, TX 77584713.340.0712

CBL PROPERTIESPEARLAND TOWN CENTERPearland, TX

TRADE AREA FACTS• Pearland Town Center is a mixed-use development featuring retail,

restaurants, a 110-room Courtyard by Marriott, 234 high-end residential units as well as office space.

• Pearland boasts an average household income of $99,238 and a median age of 34.65.

• Pearland is the third fastest growing economy in the United States according to a report release by WalletHub. When looking only at population growth, working-age population growth and college-educated population growth, Pearland ranks number one in the country.

• Pearland is located less than 15 minutes south of Downtown Houston, giving residents access to major employers such as the Texas Medical Center.

• Pearland has educational attainment levels well above the national average. 52.3% of Pearland’s adult population holds a 4 year degree or higher. Compare that to the national average of 32%. Many residents work at the nearby Texas Medical Center.

• Approximately 175,000 students attend college in the greater Houston area.

45

6 Pearland

Missouri City

Houston

Friendswood

Pasadena

SouthHouston

William PHobby Airport

48 28835

518

288

35

225

59

59

59

1010

45

610

610

290

MEDIAN AGE

2018 Estimate 35 38 36

POPULATION TRENDSPRIMARY

TRADE AREASECONDARY TRADE AREA

TOTAL TRADE AREA

2018 Estimate 515,261 193,434 798,695

2023 Projection 572,032 207,799 779,831

2010 Census 424,733 181,341 606,074

2018-2023 % Change 11.02% 7.43% 10.04%

2018 Daytime Population Estimate 106,674 61,004 167,678

AVERAGE HOUSEHOLD INCOME

2018 Estimate $98,923 $87,404 $95,654

2023 Projection $106,906 $95,774 $103,806

2018-2023 % Change 8.07% 9.58% 8.52%

DEMOGRAPHICS

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