CBL Properties appoints Mike Harrison to EVP, operations and Alan Lebovitz to EVP, management

CHATTANOOGA, Tenn., 2018-Feb-16 — /EPR Retail News/ — CBL Properties (NYSE:CBL) today announced the appointment of Mike Harrison to executive vice president – operations and Alan Lebovitz to executive vice president – management.

Commenting on the promotions, CBL’s president & CEO, Stephen Lebovitz, said, “Mike and Alan have established themselves as leaders within CBL in their respective fields and the shopping center industry. We are pleased to recognize their accomplishments and significant contributions to the company.

“Mike has been an invaluable contributor since joining CBL in 2013. His significant financial and prior real estate experience have served as a strong foundation as he has worked effectively across departments to improve CBL’s systems and implement new technologies. Mike is an innovative thinker who will play a valuable role in advancing CBL’s operations going forward.”

Since taking over the management division, Alan has proven himself to be a hands-on leader with a team-centric approach, and he has built strong relationships with the mall teams. In this role, Alan will continue to oversee approximately 300 field team members who staff CBL’s property portfolio.

CBL also announced two promotions within the management division. Don Sewell has been promoted to senior vice president – management and Dan Wolfe to vice president – management.

Lebovitz added, “Alan’s team has decades of proven leadership within CBL and a strong desire to move the company forward. Don joined CBL in 1973, has been instrumental in supervising operations of our malls, and has worked tirelessly to achieve higher productivity for each property. Dan has exhibited great leadership with his mall teams, and he has used his extensive management background to maximize the performance of the mall management teams with which he works.”

In late 2013, Mike joined CBL to provide leadership and oversight of new strategic initiatives and technology solutions with the goal of improving CBL’s operations. CBL launched this program, dubbed CBL 2.0, in January 2014, and the first phase became fully operational in October 2015. Prior to joining CBL, Mike served for two years as senior vice president real estate and chief financial officer for a private real estate developer, owner and operator. Mike’s prior experience also includes 18 years of senior level consulting practice focused on strategic management in the real estate industry.

Alan joined CBL in 1995 serving various roles in management, leasing and development. In 2002, he was promoted to vice president – asset management and in 2009 to senior vice president – asset management. In June 2017, Alan assumed the role as head of CBL’s management division in addition to overseeing CBL’s third party and asset management division. Alan has an in-depth knowledge of the CBL portfolio and has fostered strong relationships with each mall team.

Don joined CBL in 1973 as general manager of Heartland Mall in Brownwood, Texas, and was later transferred to Post Oak Mall in College Station, Texas. In 1986, Don moved to Chattanooga and became director of operations – malls. In 2000, Don was promoted to vice president – mall management and has been instrumental in supervising the operations of CBL’s malls to achieve higher productivity.

Dan joined CBL in 1999, and prior to joining CBL’s home office management staff in 2016, he served as general manager of several CBL properties in the southeast. In his new role, Dan will be charged with assisting in the oversight of the management division as well as the marketing department.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 119 properties totaling 74.4 million square feet across 27 states, including 76 high-quality enclosed, outlet and open-air retail centers and 12 properties managed for third parties. CBL continuously strengthens its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

CBL Properties
Investor Contact:
Katie Reinsmidt, 423-490-8301
Executive Vice President & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com
or
Media Contact:
Stacey Keating, 423-490-8361
Director of Public Relations & Corporate Communications
Stacey.Keating@cblproperties.com

Source: CBL Properties

CBL selects RetailNext as its smart property solution provider

CHATTANOOGA, Tenn. & SAN JOSE, Calif., 2017-Sep-18 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE:CBL) today announced that it has entered into a partnership with RetailNext Inc., the worldwide leader in smart store retail analytics for optimizing shopper experiences. The comprehensive RetailNext platform will be deployed at two of CBL’s properties, Hamilton Place in Chattanooga, Tennessee, and Asheville Mall in Asheville, North Carolina.

“This partnership supports our ongoing commitment to enhancing the shopper experience at our properties through the thoughtful deployment of leading edge technology,” said Stephen Lebovitz, president and CEO.

“RetailNext’s platform will provide us with the data necessary to design and deliver the experience our customers demand, help inform future decisions and empower our partners to better succeed.”

CBL joins RetailNext’s rapidly growing global customer list of over 350 retail brands, and represents the new breed of property operators reinventing the brick-and-mortar experience in today’s omnichannel environment.

As the retail landscape evolves to meet the demands of the modern consumer, progressive shopping center owners like CBL are utilizing enhanced technologies to capture the shoppers’ attention. Gaining a greater understanding of customers’ shopping habits through tools like RetailNext has become increasingly important to property owners. These insights afford retailers and property owners alike the ability to create more efficient and desirable customer experiences.

“RetailNext is honored and excited to be selected by CBL as its smart property solution provider as it continues its quest to revamp the shopping experience at its properties,” said Alexei Agratchev, co-founder and chief executive officer of RetailNext. “Over the past several years, there has been an exponential growth in the deployment of IoT-powered retail analytics platforms, with innovative and creative companies like CBL recognizing the value associated with deep insights into today’s shoppers and their values, behaviors and preferences. Shoppers no longer have to shop at malls, rather they want to shop at malls, and CBL is among the leaders in designing and delivering new state-of-the-art experiences in attracting and serving customers.”

About RetailNext
The first retail vertical IoT platform to bring e-commerce style shopper analytics to brick-and-mortar stores, brands and malls, RetailNext is a pioneer in focusing entirely on optimizing the shopper experience. Through its centralized SaaS platform, RetailNext automatically collects and analyzes shopper behavior data, providing retailers with insight to improve the shopper experience real time.

More than 350 retailers in over 70 countries have adopted RetailNext’s analytics software and retail expertise to better understand the shopper journey in order to increase same-store sales, reduce theft and eliminate unnecessary costs. RetailNext is headquartered in San Jose, Calif. Learn more at www.retailnext.net.

About CBL & Associates Properties, Inc.
Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 123 properties, including 80 regional malls/open-air centers. The properties are located in 27 states and total 76.9 million square feet including 5.9 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

###

SOURCE: CBL & Associates Properties, Inc.

CBL to issue Q3 financial results on Thursday, November 2, 2017

CHATTANOOGA, Tenn., 2017-Sep-06 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) announced details for the release of its results for the third quarter ending September 30, 2017.

CBL plans to issue its earnings release for the third quarter after the market closes on Thursday, November 2, 2017, and will host a conference call on Friday, November 3, 2017, at 11:00 a.m. ET.  To access this interactive teleconference, dial (888) 317-6003 or (412) 317-6061 and enter the confirmation number, 9283024.  A replay of the conference call will be available through November 10, 2017, by dialing (877) 344-7529 or (412) 317‑0088 and entering the confirmation number, 10111623.

The live broadcast of CBL’s quarterly conference call will be available online at cblproperties.com on Friday, November 3, 2017, at 11:00 a.m. ET.  The online replay will follow shortly after the call and continue for three months.

About CBL & Associates Properties, Inc.
Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 121 properties, including 78 regional malls/open-air centers. The properties are located in 27 states and total 75.5 million square feet including 6.3 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

SOURCE CBL & Associates Properties, Inc.

CBL: Callister’s Christmas, Halloween Express, Fro Zone and Sbarro to open at Brookfield Square

New shops and eateries to join Brookfield Square

Brookfield, WI, 2017-Aug-12 — /EPR Retail News/ — Brookfield Square is excited to announce the addition of Callister’s Christmas, Halloween Express, Fro Zone and Sbarro.  All four retailers are scheduled to open soon.

Callister’s Christmas is a seasonal Christmas store that carries thousands of ornaments, collectibles, gifts, florals and home décor for the holidays.  Featured items include personalized and Old World ornaments, Department 56 villages, Byers carolers, Jim Shore, Possible Dream Santas, Snowbabies, Willow Tree and more.  Callister’s Christmas will open mid-October in a 3,960 square-foot space near Boston Store.

Halloween Express is a seasonal Halloween store offering the largest selection of Halloween costumes, costume accessories, props, party supplies, home décor and decorations.  The store is one of the largest costume retailers in the country and offers many unique and hard-to-find costumes in more styles and sizes than most retailers.  Halloween Express will open mid-September in a 6,405 square-foot space near Barnes & Noble.

Fro Zone brings trendy Thai rolled ice cream to Brookfield Square, after a successful store opening this summer on Brady Street.  Rolled ice cream is made by pouring a creamy, flavored base with chosen add-ons onto a surface that’s -15 degrees.  In about 30 seconds, the base starts to freeze, and then it’s scraped into compact rolls with two spatulas, piled in a dish, and garnished with toppings.  Fro Zone will open by the end of summer in a 678 square-foot space in the Food Court.

Sbarro has nearly 60 years of experience bringing Italian favorites to customers worldwide.  Pizza, pasta and salad can be found on the menu.  Sauce is made the same way Mama Sbarro made it, with only the freshest, all-natural San Marzano tomatoes and a pinch of basil; dough is made from scratch daily, and stretched by hand; and mozzarella is hand-shredded and made in-house daily from 100% whole milk.  Sbarro will open this fall in a 793 square-foot space in the Food Court.

“We are thrilled to have both Callister’s Christmas and Halloween Express join us this fall.  Both stores offer unique, local flavor, and are destinations for Brookfield Square shoppers,” said Scott Oleson, Brookfield Square Mall General Manager.  He added, “Fro Zone and Sbarro will offer additional choices for fast-casual diners as we continue to expand our dining options.”

About Brookfield Square
Brookfield Square is a one-million-square-foot shopping center located off I-94 at Moorland Road.  The mall houses Boston Store, JCPenney and Sears, along with a 600-seat Food Court.  Specialty retailers and restaurants include Barnes & Noble Booksellers, Best Buy Mobile, Blackfinn Ameripub, Ethan Allen, Express, francesca’s, H&M, LOFT, Rogers & Hollands, Shaw’s Jewelers, Victoria’s Secret and The Walking Company.  For more information, call 262.786.3430, visit the mall on Facebook at facebook.com/BrookfieldSquare, or visit the mall website at ShopBrookfieldSquareMall.com.  Brookfield Square is owned and managed by CBL & Associates Properties, Inc.

For more information:

Tiffany Bernhardt Schultz
Marketing Director
608.833.1544 x 5299
Tiffany.Schultz@CBLProperties.com

Source: CBL

Old Hickory Mall introduces Pop Up Shop; available for rent on a weekly basis

JACKSON, Tennessee, 2017-Aug-04 — /EPR Retail News/ — Old Hickory Mall is giving local merchants the opportunity to expand their business without having to sign a long-term lease agreement.

The new Pop Up Shop, located in the center of the mall next to Victoria’s Secret and American Eagle, allows local entrepreneurs and artists to showcase their merchandise to a new audience.  The space is available for rent on a weekly basis, Monday through Sunday, for $500.  The cost includes fixtures, décor, tables, hangers, mannequins, mirrors, a fitting room and vinyl window signage.

“The Pop Up Shop is a great opportunity for local entrepreneurs to showcase their merchandise and experience operating a shop in the mall without the long-term commitment of a permanent lease,” said Marketing Director of CoolSprings Galleria, Kristina Francese.  “With guaranteed traffic, and more people wanting to “shop local”, this is a great way for Old Hickory Mall to embrace our community and all the talented entrepreneurs we have in the Jackson area.”

CBL Properties, owner of Old Hickory Mall, has rolled this concept out at several other properties in its portfolio; the first being Fayette Mall in Lexington, KY, that is almost completely leased through the end of the year.

Interested tenants can call or email Tracy Sudzum, General Manager, at 731.668.7621, or Tracy.Sudzum@cblproperties.com.

About Old Hickory Mall
Old Hickory Mall is owned and managed by CBL & Associates Properties, Inc., of Chattanooga, TN. Old Hickory Mall features more than 70 great specialty shops and eateries including Aeropostale, American Eagle, Bath & Body Works, Buckle, Charlotte Russe, The Children’s Place, Crazy 8, Francesca’s, Finish Line and Victoria’s Secret and is anchored by Belk, JC Penney, Macy’s and Sears. Old Hickory Mall is conveniently located off Interstate 40 at Exit 82-A. For additional information, find us on Facebook at www.facebook.com/OldHickoryMall or visit the mall website at www.ShopOldHickoryMall.com.

Marketing contact:
Kristina Francese
Marketing Director
615.771.4240
Kristina.Francese@cblproperties.com

General Manager contact:
Tracy Sudzum
731.668.7621
Tracy.Sudzum@cblproperties.com

Source: CBL

CBL completes the extension and modification of two unsecured term loans due to mature in 2018

CHATTANOOGA, Tenn., 2017-Aug-01 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today ( 7/31/2017) announced that it had closed the extension and modification of two unsecured term loans due to mature in 2018.

“We are extremely pleased to complete the extension and modification of these term loans,” said Stephen Lebovitz, president & chief executive officer. “With the significant negativity in the media toward the industry, this demonstrates the ongoing confidence and support by lenders in CBL and our strategy of owning dominant retail real estate.”

“Over the past several years, we have actively pursued balance sheet goals that included extending our maturity schedule as well as reducing our total debt,” said Farzana Khaleel, CBL’s chief financial officer. “We are reinforcing our liquidity by striking an appropriate balance between secured debt, unsecured term loans, lines of credit and public bonds. We are pleased to have the continued confidence and support of our lead banks, Wells Fargo and First Tennessee, as well as that of more than 15 other participating banks.”

Two unsecured term loans expiring in 2018 were modified and extended. The first, with a balance of $400 million, was increased to a balance of $490 million until July 2018, when it will be reduced to $300 million for the remainder of its term. New borrowings under this term loan were used to reduce outstanding balances on the Company’s unsecured lines of credit. The new term loan has an initial maturity date of July 2020 with two, one-year extension options (the 2nd option is at the lenders’ sole discretion), for a final maturity of July 2022. The term loan bears an interest rate of 150 basis points over LIBOR, based on CBL’s current investment grade rating of BBB-/Baa3/BBB-. Wells Fargo Bank National Association served as Administrative Agent; Citizens Bank, N.A. served as the syndication agent; and PNC Bank, National Association and U.S. Bank National Association served as documentation agents. Wells Fargo Securities, LLC, Citizens Bank, N.A., PNC Capital Markets LLC and U.S. Bank National Association served as Joint Lead Arrangers and Joint Bookrunners.

The second unsecured term loan, which currently has a balance of $50 million and was due to mature in February 2018, was modified to a new $45 million term loan. The new loan has an initial maturity date of June 2021 with an additional one-year extension option available at CBL’s discretion, for a final maturity of June 2022. The term loan bears interest at a rate of 165 basis points over LIBOR. First Tennessee Bank NA served as Administrative Agent.

About CBL & Associates Properties, Inc.

Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 121 properties, including 78 regional malls/open-air centers. The properties are located in 27 states and total 75.5 million square feet including 6.3 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

Contact:
Katie Reinsmidt
423-490-8301
EVP – Chief Investment Officer
katie.reinsmidt@cblproperties.com

Source: CBL & Associates Properties, Inc.

CBL to release its second quarter earnings on Thursday, August 3, 2017

CHATTANOOGA, Tenn., 2017-Jun-02 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) announced details for the release of its results for the second quarter ending June 30, 2017.

CBL plans to issue its earnings release for the second quarter after the market closes on Thursday, August 3, 2017, and will host a conference call on Friday, August 4, 2017, at 11:00 a.m. ET.  To access this interactive teleconference, dial (888) 317-6003 or (412) 317-6061 and enter the confirmation number, 6011729.  A replay of the conference call will be available through August 11, 2017, by dialing (877) 344-7529 or (412) 317‑0088 and entering the confirmation number, 10107045.

The live broadcast of CBL’s quarterly conference call will be available online at cblproperties.com on Friday, August 4, 2017, at 11:00 a.m. ET.  The online replay will follow shortly after the call and continue for three months.

About CBL & Associates Properties, Inc.
Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 123 properties, including 80 regional malls/open-air centers. The properties are located in 27 states and total 76.9 million square feet including 5.9 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

SOURCE: CBL & Associates Properties, Inc.

CBL to transform Cary Towne Center in Cary, North Carolina into a dynamic mixed-use destination

CHATTANOOGA, Tenn., 2017-May-24 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE:CBL) today (5/22/2017) announced future plans to transform Cary Towne Center in Cary, North Carolina, into a dynamic mixed-use destination. Last week’s announcement by IKEA of its proposal to build a store adjacent to Cary Towne Center provides a keystone attraction for the project and a catalyst for its redevelopment.

Over the last several months, CBL has worked with the town of Cary to start the rezoning process with the goal of creating a flexible land use that will facilitate a creative, modern, multi-phase and multi-use redevelopment. CBL is evaluating a number of redevelopment scenarios that could feature a mix of premier retail, dining, and entertainment options as well as residential, grocery, office, and green space. CBL has commissioned Dwell Design Studio, a nationally respected mixed-use planner and the architect of record for a number of the country’s highly regarded and successful mixed-use destinations.

“CBL is thrilled that IKEA has chosen Cary Towne Center for its next potential location in North Carolina. We are committed to executing a progressive redevelopment of the project that seamlessly complements the proposed IKEA store and is reflective of the vision and unique characteristics of the market,” said Stephen Lebovitz, president and CEO of CBL & Associates Properties, Inc. “Cary Towne Center is ideally located, and there is strong demand to elevate the center to the next level.”

Businesses interested in obtaining information about the Cary Towne Center redevelopment should contact Jon Meshel, Vice President – Development/Redevelopment at Jon.Meshel@cblproperties.com or 423.490.8269.

About CBL & Associates Properties, Inc.

Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 123 properties, including 80 regional malls/open-air centers. The properties are located in 27 states and total 76.9 million square feet including 5.9 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

Contact:
Katie Reinsmidt
423-490-8301
Executive Vice President – Chief Investment Officer
katie.reinsmidt@cblproperties.com

Media Contact:
Stacey Keating
423-490-8361
Director – Public Relations & Corporate Communications
stacey.keating@cblproperties.com

Source: CBL & Associates Properties, Inc.

CBL closes sale of 75% interest in River Ridge in Lynchburg, VA, to Liberty University

CHATTANOOGA, Tenn., 2016-Mar-14 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today announced progress on its mall disposition program. CBL closed on the sale of a 75% interest in River Ridge in Lynchburg, VA, to Liberty University. CBL received net cash proceeds of $33.5 million for the interest in River Ridge. CBL retains a 25% ownership position in the asset and is responsible for leasing and management, earning customary fees.

“We are pleased to announce further progress on our mall disposition program with the sale of a majority interest in River Ridge and to enter into a new partnership with Liberty University, an institution that recognizes the excellent value of the property,” said Stephen Lebovitz, CBL’s President & CEO. “The sale marks another milestone achievement in our portfolio transformation strategy. We look forward to continuing this progress throughout the year.”

Lebovitz added, “The new partnership between CBL and Liberty University has a strong vision for the future of River Ridge. The former Sears location provides a great opportunity to elevate the entire center through redevelopment of underutilized space, bringing new in-demand retail, entertainment and restaurants to the market. We look forward to making an announcement when plans have been finalized.”

“River Ridge represents part of an intentional diversification of Liberty University’s investment portfolio. Liberty’s commercial real estate holdings have performed well in recent years,” said Liberty University President, Jerry Falwell. “Liberty University has an economic impact on the Lynchburg region of more than $1 billion annually and is committed to the success and economic vitality of the region. The university is pleased to help implement CBL’s exciting vision for the mall and to assist in bringing new and improved services to the region.”

About Liberty University
Liberty University, founded in 1971, is the largest private, nonprofit university in the nation, the largest university in Virginia, and the largest Christian university in the world. Located near the Blue Ridge Mountains on more than 7,000 acres in Lynchburg, Va., Liberty offers more than 500 unique programs of study from the certificate to the doctoral level. More than 200 programs are offered online. Liberty’s mission is to train Champions for Christ with the values, knowledge, and skills essential for impacting tomorrow’s world.

About CBL & Associates Properties, Inc.
Headquartered in Chattanooga, TN, CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 145 properties, including 90 regional malls/open-air centers. The properties are located in 30 states and total 84.1 million square feet including 6.4 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

Forward-Looking Statements
Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

Investor Contact: Katie Reinsmidt, Senior Vice President – Investor Relations and Corporate Investments, 423.490.8301, katie.reinsmidt@cblproperties.com

Media Contact: Stacey Keating, Director of Public Relations, 423.490.8361, stacey.keating@cblproperties.com

Liberty University Contact: Mitzi Bible, Sr. Managing Editor of News Office 434.592.4955, mobible@liberty.edu

CBL & Associates Properties, Fisher-Price partner to design soft play area attractions at select CBL centers nationwide

CHATTANOOGA, Tenn., 2015-9-21 — /EPR Retail News/ — CBL & Associates Properties, Inc. and PLAYTIME, LLC are pleased to announce a multi-year partnership with Fisher-Price, Inc., one of the world’s leading infant and preschool toy manufacturers, and a subsidiary of Mattel, Inc., to design soft play area attractions at select CBL centers nationwide.

“We are thrilled to be the first shopping center owner to partner with Fisher-Price on such a project,” said Stephen Lebovitz, President and CEO of CBL & Associates Properties, Inc. “Children’s play areas have always been an important amenity at CBL shopping centers. This partnership will allow us to provide families and children an unparalleled experience with characters and toys they know and love.”

The play areas will resemble a larger-than-life Toy Box featuring iconic brands like Thomas & Friends™, Little People® and more. PLAYTIME, LLC, long-time partner of CBL, will bring these highly recognizable and well-loved characters to life in interactive, engaging attractions exclusive to CBL malls.

“Partnering with Fisher-Price was such a natural fit based on our companies shared focus of capturing imaginations and creating one-of-a-kind experiences,” stated Jeff Evans, Director of Business Development at PLAYTIME, LLC. “What better way for kids and families to connect with these iconic characters than introducing them in a larger than life Toy Box! CBL has always challenged us to deliver first class play areas to the communities it serves, and I believe we’ve done exactly that with this design. I can’t wait for the grand openings!”

“When these play attractions open, families with young children across the country will experience the thrill of stepping into a toy box filled with their favorite toys,” said Geoff Walker, Executive Vice President, Commercial, North America for Mattel. “Children will be able to play amongst larger-than-life classics that have been loved for generations. It’s going to be like a child’s dream come to life.”

The five-year partnership kicks off this fall with the first three attractions opening at West Towne Mall in Madison, WI; Asheville Mall in Asheville, NC; and Monroeville Mall in Monroeville, PA, just in time for the 2015 holiday season. Three additional attractions will open in early 2016 and locations will be announced in the coming months. Over the next three years, the partnership is planned to extend to more than eighteen malls across the country.

About Fisher-Price
In 1931, Herman Fisher and Irving Price embarked on a journey to change the toy industry. Their goal: creating playthings that inspire a child’s development. More than 80 years later, Fisher-Price remains deeply rooted in the belief that play is the way children learn best. To this day, understanding the importance of play in building a child’s skills is the fundamental principle, as the company strives to enrich the lives of families with young children around the globe. United by the passion for a child’s safe care and development at each age and stage, the people of Fisher-Price work tirelessly to bring families the best toys and baby products in the world. Some of the company’s best-known brands include Laugh & Learn®, Little People®, Power Wheels®, and Imaginext®. Fisher-Price is a subsidiary of Mattel, Inc. (NASDAQ:MAT). For more information, visit www.fisher-price.com (U.S.) and www.fisher-price.ca (Canada) or connect with Fisher-Price on Instagram, YouTube, Facebook, Twitter or Pinterest.

About Thomas & Friends™
Thomas the Tank Engine was created by a father for his son 69 years ago and today is enjoyed by families in more than 185 territories and in 30 languages. The #1 blue engine and his friends invite children to enter a world of imagination through the tracks of a train and the words of a story. Children embark on adventures with their engine friends while experiencing timeless life lessons of discovery, friendship and cooperation. Thomas & Friends makes tracks to great destinations on PBS KIDS®, Sprout® and on Five’s Milkshake! and Nick Jr in the UK and on CCTV in China. Downloadable episodes are available through iTunes. For more information about the world of Thomas the Tank Engine™ and his friends, please visit www.thomasandfriends.com.

About PLAYTIME
PLAYTIME is the global provider of unique, interactive indoor, outdoor and water play areas and playground equipment. Family-friendly businesses that want to stand out, hire PLAYTIME to create powerful play experiences. PLAYTIME’s commercial playground equipment and themed soft play areas are designed to engage children, drive traffic and enhance its customer’s brands. Thousands of families EXPERIENCE PLAYTIME every day at malls, restaurants, airports, stadiums, childcare centers, healthcare centers, fitness centers, churches, resorts, water parks, and museums – any place that kids and toddlers play.

About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 147 properties, including 90 regional malls/open-air centers. The properties are located in 30 states and total 84.0 million square feet including 6.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.

CBL contact: Stacey Keating, Corporate Marketing Specialist, 423.490.8361, Stacey.Keating@CBLProperties.com

CBL: New Ross Dress for Less and Ulta Beauty are coming to Randolph Mall in Asheboro, North Carolina

CHATTANOOGA, Tenn., 2015-7-21 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today announced that a new Ross Dress for Less and Ulta Beauty are coming to Randolph Mall in Asheboro, North Carolina. The two new stores will be situated in the former JC Penney location. Construction is expected to begin in October with the grand opening for both stores scheduled for 2016.

“Redeveloping anchor locations is a great opportunity to both create value in our centers and to satisfy the strong retail demand for CBL properties,” said Stephen Lebovitz, president and chief executive officer, CBL & Associates Properties, Inc. “The additions of Ross Dress for Less and Ulta Beauty represent our ongoing commitment to reinvest in the growth of Randolph Mall and to provide shoppers with a broader range of shopping options.”

Randolph Mall is a 400,000-square-foot mall featuring more than 40 specialty stores and is anchored by Belk, Dunham’s Sports, and Sears. For more information visit ShopRandolphMall.com or Facebook.com/RandolphMall.

About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 148 properties, including 89 regional malls/open-air centers. The properties are located in 30 states and total 84.2 million square feet including 6.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.

CBL contact: Stacey Keating, corporate marketing specialist, 423.490.8361, Stacey.Keating@CBLProperties.com
Investor Contact: Katie Reinsmidt, Senior Vice President – Investor Relations and Corporate Investments, 423.490.8301,katie.reinsmidt@cblproperties.com

CBL announces the opening of the redevelopment at CoolSprings Galleria in Nashville (Franklin), TN

CHATTANOOGA, Tenn., 2015-5-28 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today announced the opening of the redevelopment at CoolSprings Galleria in Nashville (Franklin), TN. Designed to significantly enhance the offerings at the shopping center, the redevelopment of the former Sears location includes adding a mix of new fashion stores and fine dining options as well as a new mall entrance to improve mall circulation.

Retailers now open as part of the redevelopment include, exclusive to the market stores, American Girl, H&M and A’Gaci. These new stores join Belk Men’s & Kid’s store, which opened in March, and The Cheesecake Factory, which opened in November 2014. Additional planned openings this year include fine dining restaurants Connors Steak & Seafood and Kona Grill (spring 2016) and King’s, a boutique bowling and entertainment venue. All are exclusive to the Nashville market. Additionally, ULTA and newly renovated Belk’s Women’s & Home store will open in the fall.

In late summer, CoolSprings Galleria will also welcome Zumiez, Tilly’s and Windsor Fashions as they open new stores on the interior of the mall. Sephora recently opened in May.

“The redevelopment of the former Sears location at CoolSprings Galleria takes one of the region’s premier shopping, dining and entertainment destinations to even greater heights,” said Michael Lebovitz, executive vice president – development and administration. “From the market’s first American Girl, Kona Grill and Connors Steak & Seafood to in-demand stores such as ULTA, A’Gaci and H&M, customers can continue to expect the best at CoolSprings Galleria.”

Businesses interested in obtaining leasing information about CoolSprings Galleria should contact Laura Farren, Sr. Leasing Manager, by telephone at 423.490.8620 or by email: Laura.Farren@cblproperties.com.

About CoolSprings Galleria
CoolSprings Galleria is a more than 1.1 million square-foot super-regional shopping destination featuring more than 150 stores including Ann Taylor, American Girl, Brighton Collectibles, The Cheesecake Factory, J.Crew, H&M, Pottery Barn, Pandora, The Apple Store, The Art of Shaving, White House | Black Market, Williams-Sonoma and many more. CoolSprings Galleria is anchored by Belk, Dillard’s, JCPenney, and Macy’s and is conveniently located off I-65 at exits 68 and 69, just fifteen miles south of Nashville. For additional information, find us on Facebook at www.Facebook.com/CoolSpringsGalleria, or visit www.CoolSpringsGalleria.com

About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 148 properties, including 89 regional malls/open-air centers. The properties are located in 30 states and total 83.6 million square feet including 6.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found at cblproperties.com.

CBL contact: Dan Summerlin, Director of Corporate Relations, 423.490.8315, dan.summerlin@cblproperties.com
CoolSprings Galleria contact: Dana Katterjohn, Marketing Director, 615.771.2050 x230, dana.katterjohn@cblproperties.com

CBL priced $300 million offering of 4.60% Senior Notes Due 2024 under its existing shelf registration statement

CHATTANOOGA, Tenn., 2014-10-3— /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) announced today that its majority-owned operating partnership subsidiary, CBL & Associates Limited Partnership (the “Operating Partnership”), priced a $300 million offering of 4.60% Senior Notes Due 2024 under its existing shelf registration statement. The notes will mature on October 15, 2024. Settlement is scheduled for October 8, 2014, subject to customary closing conditions.

The Operating Partnership expects to use the net proceeds from the offering of approximately $297.7 million, after deducting the underwriting discount and other offering expenses payable by the Operating Partnership, to reduce amounts outstanding under its unsecured revolving credit facilities and for general business purposes.

BofA Merrill Lynch, J.P. Morgan, RBC Capital Markets, US Bancorp and Wells Fargo Securities are Joint Book-Running Managers.

The issuer has filed a registration statement on Form S-3 relating to these securities with the Securities and Exchange Commission. A preliminary prospectus supplement relating to the offering and an accompanying prospectus have been filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or other jurisdiction.

The offering of these securities will be made only by means of a prospectus supplement and accompanying prospectus. A copy of the prospectus supplement and prospectus relating to the offering, when available, may be obtained by contacting J.P. Morgan Securities LLC, 383 Madison Avenue, New York, NY 10179, Attention: Investment Grade Syndicate Desk or by calling collect (212) 834-4533; RBC Capital Markets, LLC, Three World Financial Center, 200 Vesey Street, New York, NY 10281, Attn: Debt Capital Markets or by calling toll-free: (866) 375-6829 or by emailing: usdebtcapitalmarkets@rbccm.com; U.S. Bancorp Investments, Inc., 214 North Tryon Street, 26th Floor, Charlotte, NC 28202, Attention: High Grade Syndicate or by calling toll-free: (877) 558-2607 or Wells Fargo Securities, LLC, 1525 West W.T. Harris Boulevard, NC0675, Charlotte, NC 28262, Attention: Capital Markets Client Support, calling toll-free: (800) 326-5897 or emailing: cmclientsupport@wellsfargo.com

About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls and shopping centers in the United States. CBL owns, holds interests in or manages 153 properties, including 92 regional malls/open-air centers. The properties are located in 30 states and total 86.6 million square feet including 6.8 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO.

Forward-Looking Statements
Information included herein contains “forward-looking statements” within the meaning of the federal securities laws. Such statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual events, financial and otherwise, may differ materially from the events and results discussed in the forward-looking statements. The reader is directed to the Company’s various filings with the Securities and Exchange Commission, including without limitation the Company’s Annual Report on Form 10-K and the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included therein, for a discussion of such risks and uncertainties.

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