Press Release

CBL & Associates Properties, Inc. is Bringing Holiday Tradition Back

10/12/2016

Announces Decision to Close Centers on Thanksgiving Day

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL & Associates Properties, Inc. (NYSE:CBL) announced today that their portfolio of market-dominant regional shopping centers will open at 6:00 a.m. on Black Friday, November 25^th, and will be closed on Thanksgiving Day.

“We want to bring back the excitement of Black Friday shopping as the true start of the holiday shopping season and allow our employees, retailers, and shoppers to spend the Thanksgiving holiday with their families,” said Stephen Lebovitz, President and CEO, CBL & Associates Properties, Inc. “After evaluating feedback from our mall employees and retail partners as well as input from our shoppers, we determined that this was the best decision for our properties.”

Department stores, movie theaters, restaurants, and retailers with exterior mall entrances will have the option to open their stores on Thursday. However, access to mall common areas will be restricted until 6:00 a.m. on Friday. Patrons should check their local center’s website for more specific information. Click here for a list of CBL properties.

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 144 properties, including 89 regional malls/open-air centers. The properties are located in 31 states and total 82.6 million square feet including 8.6 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.