Press Release

CBL Properties Announces Addition of Dunham’s Sports at Laurel Park Place in Livonia, Michigan

Company Release - 6/6/2019 10:30 AM ET

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced the addition of Dunham’s Sports to Laurel Park Place, located in the Detroit suburb of Livonia, Michigan, replacing the former Carson’s location.

“We are pleased to announce the addition of Dunham’s to Laurel Park Place,” said Stephen Lebovitz, chief executive officer, CBL Properties. “Dunham’s will bring a new shopping experience to the strong mix of users at the property, including Von Maur, H&M, Victoria’s Secret and California Pizza Kitchen.”

Lebovitz added, “This announcement comes less than one year after Carson’s closure, further illustrating the strong demand we are experiencing from growing retailers and other users. We are making tremendous progress on our anchor replacement program with nearly two dozen of these projects committed, including six already open, and many others in various stages of negotiation.”

Dunham’s will occupy approximately 45,000 square feet of the former Carson’s location. Construction on this project is currently underway with a planned opening in fall 2019. Additional details for the remainder of the former Carson’s will be announced as plans are finalized.

About Dunham’s Sports

Dunham’s is one of the nation’s leading sporting goods retailers. Dunham’s strives to save the people living in our local communities money with programs like Dunham’s Rewards, the Team Program and our Company Program. With Dunham’s Rewards, you can sign up for emails at www.dunhamsrewards.com to receive great money-saving coupons, tips and information about upcoming events at your local Dunham’s Sports. The Team Program allows coaches of youth sports teams to sign their team up for a money-saving weekend so kids can get all the equipment they need to participate in sports. The Company Program is similar to the Team Program, in that it allows employees of local companies to save money. Ask a sales associate about any of these money-saving programs. All of the Big Names, Low Prices, coupons and sales are also available via the Dunham’s Sports App at www.dunhamssports.com/mobileapp.

Dunham’s, one of the nation’s largest retail sporting goods chains, was founded in 1937 in Detroit as Dunham’s Bait and Tackle and has grown to over 230 stores in 22 Midwestern and Southern states. You can join the sports conversation on Dunham’s Facebook page at www.facebook.com/dunhamssportinggoods.

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 113 properties totaling 70.6 million square feet across 26 states, including 70 high-quality enclosed, outlet and open-air retail centers and 10 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.

Investor Contact: Katie Reinsmidt, EVP & Chief Investment Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com
Media Contact: Stacey Keating, Director of Public Relations & Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com

Source: CBL Properties