Green Tree Mall Renovation Announcement

FOR IMMEDIATE RELEASE
May 30, 2014

For More Information
Helen Bryant, General Manager
(812) 283-0741
Helen_Bryant@cblproperties.com

Green Tree Mall Selected for Renovation

Major upgrades announced. Project provides largest package of improvements for the shopping center since 1994.

Green Tree Mall’s General Manager, Helen Bryant announced today that the mall will begin construction on a multi-million dollar renovation in 2014. The renovations are expected to be complete by fall of this year enhancing Green Tree Mall’s appeal to both retailers and shoppers.

“We are really excited about the changes coming to the mall,” said Helen Bryant, the property’s General Manager. “This ‘facelift’ will bring some nice updates to our shopping center and we think our customers will really love these improvements.”

The renovation at Green Tree Mall will involve modern updates including many contemporary design improvements. These include:

• New entrance facades with signage and lighting, doors, sidewalks and landscaping.
• New entrance signs, a new monument, and renovation of the existing pylon.
• New soft seating areas.
• New Retail Merchandising Units
• Remodel and update of the women’s, men’s and family restroom with upgraded waiting area.
• Remodel of the Children’s Play Area.
• New Holiday Décor and Santa Set

All of the enhancements are expected to be finished in October, with a “Grand Celebration” event being planned for shoppers at that time to mark the completion of the project.

“Our goal is to wrap up the project just in time for the holiday shopping season,” Bryant added. “And when we finish, we will have a celebration with special events, prizes and fun activities. It’s going to be an exciting time for Green Tree Mall and all of our shoppers.”

Green Tree Mall renovation will be provided by Pepper Construction of Indiana. Pepper Indiana is part of Pepper Construction Group, a national general contracting and construction management firm with offices in Indiana, Illinois, Ohio and Texas. Recognized for its expertise in retail construction, Pepper Indiana provides clients the experience and resources of a large company, combined with the hands-on approach of a local firm.

About Green Tree Mall
Managed by CBL & Associates Properties, Inc. of Chattanooga, TN, (NYSE:CBL), Green Tree Mall is a regional shopping mall with more than 70 specialty shops conveniently located off E. Lewis and Clark Parkway with nearby access to I-65, and is anchored by Burlington Coat Factory, Dillard's, JCPenney, T.J. Maxx and Sears.