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With an estimated MSA of 2,077,240 and CSA of 2,316,164, Cleveland is the 18th largest metro area and 15th largest consumer market in the US. The Economist Intelligence Unit, part of TheEconomist magazine ranks Cleveland the 14th best city to take a business trip. Accordingly, thecity has a $180 billion annual economy. Cleveland is home to the creators of Superman, JerrySiegel and Joe Shuster. It is also the location of the iconic movie “A Christmas Story” as well as“The Avengers” and “Captain America 2: The Winter Soldier.” Life Savers candy, the moderngolf ball, and the electric streetlight were all first invented in Cleveland.

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Cleveland, Ohio

“10 Best Art Districts” Fodor’s Travel“Top 25 Travel Destinations” Travel + Leisure“50 Best Places to Travel” USA Today“52 Places to Go in 2015” The New York TimesThe Country’s 2nd largest performing arts centerCleveland Browns Pro-FootballRock & Roll Hall of FameCleveland Metropark ZooCleveland Museum of ArtCuyahoga Valley National ParkGreat Lakes Brewing Co - The Country’s 20th largest Craft Brewery

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_____________________________________________________________Cleveland Tourism

With an estimated MSA of 2,077,240 and CSA of 2,316,164, Cleveland is the 18th largest metro area and 15th largest consumer market in the US. The Economist Intelligence Unit, part of TheEconomist magazine ranks Cleveland the 14th best city to take a business trip. Accordingly, thecity has a $180 billion annual economy. Cleveland is home to the creators of Superman, JerrySiegel and Joe Shuster. It is also the location of the iconic movie “A Christmas Story” as well as“The Avengers” and “Captain America 2: The Winter Soldier.” Life Savers candy, the moderngolf ball, and the electric streetlight were all first invented in Cleveland.

Tourists made 2014 a banner year for Cleveland, creating a five-year record increase of 4.5% over 2013.As a result, tourism generated a $7.4 billion economic impact and supported 63,394 jobs.

Cleveland serviced 536 meetings and conventions in 2014, and saw the number of “definite” hotel roomnights increase 70% to a record 209,716. This trend is forecast to increase with the following scheduled conventions:

Conventions Attendees Estimated Economic ImpactRepublican National Convention (2016) 50,000 $200 billion American Bus Association (2017) 3,000 $1.8 million

Visitors to Cleveland reached 16.9 million in 2014!

With the return of LeBron James and emergence of Cleveland as a destination for conventions, tourism grew by 4.5% in 2014, a five-year record increase of 16.9 million visitors.

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_____________________________________________________________Center Facts

Gross Leasable Area160,000 SF - Upper Level190,000 SF - Lower Level350,000 SF Total

Average Daily Traffic Vehicular: 133,520 MSA Population 2,077,240 (2010 Census)

The Outlet Shoppes at Cleveland will be located adjacent to the Burke Lakefront Airport, between North Marginal Roadand Marjorie Rosenbaum Plaza, just off of I-90. The Center will also be adjacent to the USS Cod Submarine Memorial, the Rock & Roll Hall of Fame, the Great Lakes Science Center, and Voinovich Bicentennial Park.

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_____________________________________________________________Market Demographics

Area Retail and Outlet

Population

2021 Projection 212,708 771,551 1,546,936

2016 Estimate 215,061 784,097 1,551,084

2010 Census 221,700 810,790 1,568,830

Households

2021 Projection 91,289 338,997 664,257

2016 Estimate 91,461 341,543 661,644

2010 Census 92,689 347,475 660,847

Family Households

2021 Projection 44,056 187,643 401,702

2016 Estimate 44,520 189,526 400,375

2010 Census 45,808 193,566 400,257

5 Mile Radius 10 Mile Radius 20 Mile Radius 30 Mile Radius

2,249,509

2,247,181

2,259,543

951,298

943,858

936,628

594,061

589,497

585,054

2016 Est. Households by HH Income 91,461 341,543 661,644

Income < $15,000 31,690 75,555 99,038

Income $15,000 - $24,999 15,133 45,563 72,415

Income $25,000 - $34,999 10,662 38,536 68,484

Income $35,000 - $49,999 11,548 47,613 88,309

Income $50,000 - $74,999 9,971 52,232 109,600

Income $75,000 - $99,999 5,130 31,928 75,591

Income $100,000 - $124,999 2,968 19,395 51,254

Income $125,000 - $149,999 1,625 11,032 32,860

Income $150,000 - $199,999 1,274 9,299 29,929

Income $200,000 - $249,999 566 3,923 12,981

Income $250,000 - $499,999 623 4,433 15,061

Income $500,000+ 269 2,032 6,122

2016 Est. Average Household Income $39,956 $56,759 $72,500

2016 Est. Median Household Income $24,278 $38,502 $50,588

943,858

128,198

99,132

95,372

126,218

160,138

113,866

76,406

49,867

45,438

19,224

21,615

8,383

$74,428

$53,592

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The Trusted LeaderHorizon Group Properties is distinguished for developing, managing, and marketing outlet shopping centers. Each property offers a wide variety of quality designer brands at discounted prices in a compelling outdoor environment within attractive markets.

“Quality delivered with Economy and Proven Experience.”

A Joint Venture with

www.horizongroup.comLeasing Information:Andrew Pelmoter(301) 312-6104