CBL & Associates Properties, Inc. Announces DICK's Sporting Goods and Ulta Beauty to Join College Square Mall as Part of Anchor Redevelopment

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--

CBL & Associates Properties, Inc. CBL today announced that DICK'S Sporting Goods and Ulta Beauty are coming to College Square Mall in Morristown, Tennessee. The two new stores will be situated in the former JCPenney location.

"We are excited to bring DICK'S Sporting Goods and Ulta Beauty to College Square Mall," said Stephen Lebovitz, president and chief executive officer, CBL & Associates Properties, Inc. "These new stores coupled with the recent addition of TJ Maxx and Longhorn Steakhouse in the former Sears building demonstrate our ongoing commitment to reinvest in the growth of College Square Mall and to provide shoppers with a broad range of shopping options."

"CBL has successfully redeveloped numerous former anchor locations across its portfolio in recent years bringing in dynamic shops and restaurants such as H&M, American Girl, Cheesecake Factory, Altar'd State, DICK'S Sporting Goods, Ulta Beauty and Ross Dress for Less. Redeveloping anchor locations continues to be a priority for CBL allowing us to both create value in our centers and to satisfy the strong retail demand for CBL properties," Lebovitz added.

Construction on both stores is set to begin in early May with anticipated grand openings prior to holiday 2016. More detailed information regarding grand opening dates will be announced in the coming months.

Businesses interested in obtaining leasing information for College Square Mall should contact Cody Romans, Leasing Manager, by telephone 423-553-8739 or by email: cody.romans@cblproperties.com.

About Ulta Beauty

Ulta Beauty ULTA is the largest beauty retailer in the United States and the premier beauty destination for cosmetics, fragrance, skin, hair care products and salon services. Since opening its first store 25 years ago, Ulta Beauty has grown to become the top national retailer providing All Things Beauty, All in One Place™. The Company offers more than 20,000 products from over 500 well-established and emerging beauty brands across all categories and price points, including Ulta Beauty's own private label. Ulta Beauty also offers a full-service salon in every store featuring hair, skin and brow services. Ulta Beauty is recognized for its commitment to personalized service, fun and inviting stores and its industry-leading Ultamate Rewards loyalty program. As of January 30, 2016 Ulta Beauty operates 874 retail stores across 48 states and also distributes its products through its website, which includes a collection of tips, tutorials and social content. For more information, visit www.ulta.com.

About College Square Mall

Owned and managed by CBL & Associates Properties, Inc. of Chattanooga, Tennessee, College Square Mall features more than 50 great specialty shops and is anchored by Belk, Kohl's, Goody's, Carmike Cinema 12 and T.J. Maxx. College Square Mall is conveniently located 5 miles west of I-81 at the intersection of Morris Blvd. and US-25E. For additional information, find us on Facebook at www.facebook.com/ShopCollegeSquareMall or visit www.CollegeSquareMall.com.

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 147 properties, including 92 regional malls/open-air centers. The properties are located in 31 states and total 85.7 million square feet including 8.0 million square feet of non-owned shopping centers managed for third parties. Additional information can be found at cblproperties.com.

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