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CBL Properties Celebrates Grand Opening of Round1 Bowling & Amusement at Jefferson Mall in Lousiville, Kentucky

November 19, 2018

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Nov 19, 2018--CBL Properties (NYSE:CBL) celebrated the opening of new entertainment anchor, Round1 Bowling & Amusement, at Jefferson Mall in Louisville, Kentucky, on Saturday, November 17 th. The opening of Round1 marks the completion of the first phase of the redevelopment of the former Macy’s at Jefferson Mall.

“We are thrilled to celebrate yet another milestone in our redevelopment program by delivering this unique and exciting entertainment experience for our customers,” said Stephen Lebovitz, chief executive officer, CBL Properties. “Round1 is a premier entertainment destination that will draw customers from the Louisville market and surrounding area. With our properties’ prime locations, we continue to receive excellent demand from entertainment users like Round1, and we look forward to incorporating these uses into additional projects in the future.”

Round1 will offer Jefferson Mall visitors a full entertainment experience, including dining, bowling, arcade games, billiards, karaoke, ping pong, darts and a play land for children.

Planning is also underway for redevelopment of the Sears building, which will include a mix of dining, entertainment and retail. Additional details will be announced as plans are finalized.

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 114 properties totaling 71.9 million square feet across 26 states, including 73 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181119005089/en/

CONTACT: Investor Contact:

Katie Reinsmidt, EVP & Chief Investment Officer, 423.490.8301,Katie.Reinsmidt@cblproperties.comMedia Contact:

Stacey Keating, Director of Public Relations, 423.490.8361,Stacey.Keating@cblproperties.com

KEYWORD: UNITED STATES NORTH AMERICA KENTUCKY TENNESSEE

INDUSTRY KEYWORD: ENTERTAINMENT CASINO/GAMING GENERAL ENTERTAINMENT CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: CBL Properties

Copyright Business Wire 2018.

PUB: 11/19/2018 10:00 AM/DISC: 11/19/2018 10:01 AM

http://www.businesswire.com/news/home/20181119005089/en

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