CBL PROPERTIES
CHERRYVALE MALLRockford, IL
HIGHLIGHTS
TRADE AREA 640,142 (2018 est.)
CENTER EMPLOYMENT 2,500 (est.)
YEAR OPENED 1973
NUMBER OF STORES 130
SIZE 849,253 square feet
FEATURED STORES Macy’s, JCPenney, Barnes & Noble, H&M, Victoria’s Secret, White House/Black Market, LOFT, Pandora, Chico’s, Bath & Body Works, Soma, and Francesca’s
WEBSITE ShopCherryvaleMall.com
CBL PROPERTIEScblproperties.com
NYSE: CBL
FOR LEASING:Allen Rock
p. 734.462.1100 ext. 5522 c. [email protected]
CORPORATE OFFICE:CBL Center, Suite 500
2030 Hamilton Place BoulevardChattanooga, TN 37421-6000
423.855.0001
MALL OFFICE:7200 Harrison Ave., Suite 5
Rockford, IL 61112815.332.2451
CBL PROPERTIESCHERRYVALE MALLRockford, IL
TRADE AREA FACTS• Adjacent to CherryVale Mall is an upscale lifestyle center, The District
at CherryVale.
• Rockford is the largest city in Illinois outside of the Chicago metropolitan area, and is conveniently located just 65 miles northwest of Chicago’s O’Hare Airport.
• 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.
• There are 50% more engineers per capita in the Rockford area than the US average.
• 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.
• The Rockford area is a sports mecca, with newly expanded state-of-the-art sports facilities making the Rockford area the premier sports center in the Midwest, hosting dozens of large sports tournaments throughout the year.
Chicago
Madison
90
39
9020
39
Bus20
Rockford
WIIL
43
FromBloomington
Milwaukee
88
MEDIAN AGE
2018 Estimate 43 43 43
POPULATION TRENDSPRIMARY
TRADE AREASECONDARY TRADE AREA
TOTAL TRADE AREA
2018 Estimate 342,252 296,890 640,142
2023 Projection 335,889 298,751 634,640
2010 Census 356,541 305,959 662,500
2018 Daytime Population Estimate 199,177 139,548 338,725
AVERAGE HOUSEHOLD INCOME
2018 Estimate $77,153 $72,628 $75,061
2023 Projection $95,643 $87,474 $91,848
2018-2023 % Change 23.96% 20.44% 23.36%
DEMOGRAPHICS
Source: 2010 Census; Scan/US 2018/2023 Estimates
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