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CBL Announces DICK's Sporting Goods and ULTA Beauty to Join Janesville Mall as Part of Anchor Redevelopment

Mall Renovation Plans Also Announced for 2015

CBL & Associates Properties, Inc. (NYSE: CBL) today announced a new DICK’S Sporting Goods and ULTA Beauty are coming to Janesville Mall in Janesville, Wisconsin. The two new stores will be situated in the former JC Penney location. Construction is expected to begin in January with the grand opening for both stores scheduled for fall 2015.

“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. “We are excited to bring DICK’S Sporting Goods and ULTA Beauty to Janesville Mall. These additions represent our ongoing commitment to reinvest in the growth of Janesville Mall and to provide shoppers with a broader range of shopping options.”

Pittsburgh, Pennsylvania-based DICK’S Sporting Goods, the leading omni-channel sporting goods retailer, will bring an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories to serve the athletes and outdoor enthusiasts of the Janesville community.

In addition, CBL also announced Janesville Mall will undergo a multi-million dollar renovation in 2015. The renovation will include enhancements to the mall’s interior, such as new soft seating areas, foodcourt amenities, new flooring, ceiling and lighting upgrades. The renovation is scheduled to begin in March, with completion anticipated in July.

“Renovating our malls is an ongoing priority for CBL,” said Mr. Lebovitz. “We want to ensure Janesville Mall remains a top destination that attracts more great retail names and creates a shopping experience that our customers will enjoy.”

Janesville Mall is a 600,000 square-foot mall featuring more than 60 specialty stores and is anchored by Boston Store, Kohl’s, and Sears. For more information visit JanesvilleMall.com or facebook.com/JanesvilleMall.

Businesses interested in obtaining leasing information about Janesville Mall should contact Jim Anders, Senior Leasing Manager, by telephone at 636.681.1200 or by email: jim_anders@cblproperties.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 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 & Associates Properties, Inc.
Dan Summerlin, 423-490-8315
Director of Corporate Relations
dan_summerlin@cblproperties.com