Market Overview

CBL Properties Year-to-Date Sales off to Strong Start and Exceed National Average

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CBL Properties (NYSE:CBL) today announced that 2018 kicked off with
strong January and February sales. Sales per square foot in CBL's
portfolio for reporting tenants under 10,000 square feet increased 5.6%
for the two months ended February 28, 2018, putting it on-track to
exceed the National Retail Federation's (NRF) 2018
forecast
for an increase in retail sales between 3.8% and 4.4%.
According to the NRF, January
sales increased 5.4% over 2017
and February
sales increased 4.4% over 2017
.

"These results reinforce the resilient nature of our market dominant
properties and ongoing consumer confidence that we saw over the holiday
season as a result of the strong economy," said Stephen Lebovitz,
president & CEO, CBL Properties. "Sales at CBL properties were bolstered
by excellent performance at our border properties, cold weather in the
south which drove winter merchandise sales and a healthy increase in the
jewelry category. In addition, we have evolved our marketing strategies
with a greater emphasis on highlighting key retailers and driving
increased traffic and sales at our properties."

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 119 properties
totaling 74.4 million square feet across 27 states, including 76
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.

Information included herein contains "forward-looking statements"
within the meaning of the federal securities laws. Such statements are
inherently subject to risks and uncertainties, many of which cannot be
predicted with accuracy and some of which might not even be
anticipated. Future events and actual events, financial and otherwise,
may differ materially from the events and results discussed in the
forward-looking statements. The reader is directed to the Company's
various filings with the Securities and Exchange Commission, including
without limitation the Company's Annual Report on Form 10-K and the
"Management's Discussion and Analysis of Financial Condition and Results
of Operations" included therein, for a discussion of such risks and
uncertainties.

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