CBL & Associates Properties closes sale of The Outlet Shoppes at Oklahoma City for a gross sales price of $130.0 million

CHATTANOOGA, Tenn., 2017-May-02 — /EPR Retail News/ — CBL & Associates Properties, Inc. (NYSE: CBL) today (May 1, 2017) announced that it, along with its joint venture partner Horizon Group Properties, closed on the sale of The Outlet Shoppes at Oklahoma City in Oklahoma City, OK, for a gross sales price of $130.0 million. Approximately $70.1 million, including defeasance costs, in loans secured by the property were retired concurrent with the close. CBL’s share of net equity proceeds, after retirement of secured loans and closing costs, was $38.0 million. Net proceeds were used to reduce outstanding balances on the Company’s lines of credit.

“Our outlet center development program has created tremendous value for CBL and our shareholders,” said Stephen Lebovitz, president & chief executive officer. “The Outlet Shoppes at Oklahoma City was the first project we developed with Horizon and has been a huge success. We are pleased to demonstrate the value of our outlet portfolio and provide additional liquidity to reduce leverage and help fund our redevelopment program.”

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 125 properties, including 82 regional malls/open-air centers. The properties are located in 27 states and total 77.4 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.

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
423-490-8301
EVP – Chief Investment
Officerkatie.reinsmidt@cblproperties.com

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

Source: CBL & Associates Properties, Inc.

WALGREENS: OKLAHOMA CITY TOPS THE TOP TEN DMAS WITH FLU ACTIVITY LIST FOR THE WEEK OF FEB 2 2015

DEERFIELD, Ill., 2015-2-4 — /EPR Retail News/ — The Walgreens Flu Index™ is a weekly report developed to provide state- and market-specific information regarding flu activity, and ranking of those experiencing the highest incidences of influenza across the country. With the ability to generate hyper-local data that’s as specific as a single zip code, the Index aims to drive consumer awareness and prevention within communities, while also serving as a valuable resource for health departments, media and others at the local level.

Top Ten DMAs with Flu Activity
Week beginning 2/2/2015

1. Oklahoma City, Okla.
2. El Paso, Texas (Las Cruces, NM)
3. Tulsa, Okla.
4. San Antonio, Texas
5. Little Rock – Pine Bluff, Ark.
6. Ft. Smith-Fayetteville-Springdale-Rogers, Ark.
7. Austin, Texas
8. Jackson, Miss.
9. Harlingen–Weslaco–Brownsville–McAllen, Texas
10. Knoxville, Tenn.

Top Ten States with Flu Activity
Week beginning 2/2015

1. Oklahoma
2. Arkansas
3. Texas
4. Nebraska
5. Mississippi
6. Kansas
7. Louisiana
8. New Jersey
9. Tennessee
10. New Mexico

Top Ten DMAs Flu Activity Gains
From week beginning 1/26/2015 to 2/2/2015

1. Ft. Smith–Fayetteville–Springdale–Rogers, Ark,
2. El Paso, Texas (Las Cruces, NM)
3. Jackson, Miss.
4. Oklahoma City, Okla.
5. Huntsville–Decatur (Florence), Ala.
6. Tulsa, Okla.
7. Little Rock–Pine Bluff, Ark.
8. Providence, R.I. – New Bedford, Mass.
9. Wichita-Hutchinson, Kan.
10. Boston, Mass. (Manchester, NH)

Top Ten State Flu Activity Gains
From week beginning 1/26/2015 to 2/2/2015

1. Oklahoma
2. Arkansas
3. New Hampshire
4. Rhode Island
5. Kansas
6. Louisiana
7. New Jersey
8. Connecticut
9. Massachusetts
10. Delaware

Methodology

The Walgreens Flu Index™ is compiled using weekly retail prescription data for antiviral medications used to treat influenza across Walgreens locations nationwide. The data is analyzed at state and geographic market levels to measure absolute impact and incremental change of antiviral medications on a per store average basis, and does not include markets in which Walgreens has fewer than 20 retail locations.

The Flu Index™ is not intended to illustrate levels or severity of flu activity, but rather, illustrate which populations are experiencing the highest incidence of flu.

© Copyright Walgreen Co. 2015. All rights reserved

About Walgreens
Walgreens (www.walgreens.com), the nation’s largest drugstore chain, constitutes the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), the first global pharmacy-led, health and wellbeing enterprise. More than 8 million customers interact with Walgreens each day in communities across America, using the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice. Walgreens operates 8,229 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Walgreens digital business includes Walgreens.com, drugstore.com, Beauty.com, SkinStore.com and VisionDirect.com. Walgreens also manages more than 400 Healthcare Clinic and provider practice locations around the country.

Contact(s)

Walgreens
Jim Cohn
(847) 315-2950
or
Kelli Hartsock
(312) 981-8553
http://news.walgreens.com
@WalgreensNews
facebook.com/Walgreens

Walgreens: Oklahoma City, Okla. tops the Top Ten DMAs with Flu Activity list for the week beginning Jan. 26, 2015

DEERFIELD, Ill., 2015-1-28 — /EPR Retail News/ — The Walgreens Flu Index™ is a weekly report developed to provide state- and market-specific information regarding flu activity, and ranking of those experiencing the highest incidences of influenza across the country. With the ability to generate hyper-local data that’s as specific as a single zip code, the Index aims to drive consumer awareness and prevention within communities, while also serving as a valuable resource for health departments, media and others at the local level.

Top Ten DMAs with Flu Activity
Week beginning 1/26/2015

  1. Oklahoma City, Okla.
  2. San Antonio, Texas
  3. Tulsa, Okla.
  4. Little Rock-Pine Bluff, Ark.
  5. El Paso, Texas (Las Cruces, N.M.)
  6. Austin, Texas
  7. Ft. Smith-Fayetteville-Springdale-Rogers, Ark.
  8. Knoxville, Tenn.
  9. Harlingen-Weslaco-Brownsville-McAllen, Texas
  10. Jackson, Miss.

Top Ten States with Flu Activity
Week beginning 1/26/2015

  1. Oklahoma
  2. Arkansas
  3. Texas
  4. Nebraska
  5. Mississippi
  6. Tennessee
  7. Louisiana
  8. Kansas
  9. New Jersey
  10. New Mexico

Top Ten DMAs Flu Activity Gains
From week beginning 1/19/2015 to 1/26/2015

  1. San Antonio, Texas
  2. Tulsa, Okla.
  3. Little Rock-Pine Bluff, Ark.
  4. Oklahoma City, Okla.
  5. Austin, Texas
  6. El Paso, Texas (Las Cruces, N.M.)
  7. Las Vegas, Nev.
  8. San Francisco-Oakland-San Jose, Calif.
  9. San Diego, Calif.
  10. Wichita-Hutchinson, Kan.

Top Ten State Flu Activity Gains
From week beginning 1/19/2015 to 1/26/2015

  1. Oklahoma
  2. Arkansas
  3. Texas
  4. New Jersey
  5. Nevada
  6. Louisiana
  7. Nebraska
  8. Oregon
  9. Rhode Island
  10. Arizona

Methodology

The Walgreens Flu Index™ is compiled using weekly retail prescription data for antiviral medications used to treat influenza across Walgreens locations nationwide. The data is analyzed at state and geographic market levels to measure absolute impact and incremental change of antiviral medications on a per store average basis, and does not include markets in which Walgreens has fewer than 20 retail locations.

The Flu Index™ is not intended to illustrate levels or severity of flu activity, but rather, illustrate which populations are experiencing the highest incidence of flu.

© Copyright Walgreen Co. 2015. All rights reserved

About Walgreens
Walgreens (www.walgreens.com), the nation’s largest drugstore chain, constitutes the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), the first global pharmacy-led, health and wellbeing enterprise. More than 8 million customers interact with Walgreens each day in communities across America, using the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice. Walgreens operates 8,229 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Walgreens digital business includes Walgreens.com, drugstore.com, Beauty.com, SkinStore.com and VisionDirect.com. Walgreens also manages more than 400 Healthcare Clinic and provider practice locations around the country.

Contact(s)

Walgreens
Jim Cohn, (847) 315-2950
Kelli Hartsock, (312) 981-8553
http://news.walgreens.com
@WalgreensNews
facebook.com/Walgreens