Horizon Group Properties and CBL & Associates Properties, Inc. Announce 38 New Stores Joining The Outlet Shoppes at Atlanta Horizon & CBL Announce Updated List to 89 New Stores Opening in July PR Newswire ATLANTA, May 6, 2013 ATLANTA, May 6,2013 /PRNewswire/ --Horizon Group Properties, Inc. (OTC:HGPI.PK) and CBL & Associates Properties, Inc. (NYSE: CBL) today announced the names of 38 additional stores planned to join The Outlet Shoppes at Atlanta. The list of store now totals 89 with more to be announced soon. The center will feature the best-known brands and designer outlets, including Nike, Saks Fifth Avenue OFF 5TH, Bose, Brooks Brothers, Columbia Sportswear, True Religion, Cole Haan, White House|Black Market, Guess, Fossil, Michael Kors, Under Armour, and Talbots. New stores announced today include: oAdidas oAmerican Eagle oAuntie Anne's oGH Bass & Co. oCalphalon oChao Praya oChicken Now oChico's oClarks oCoach oCrabtree & Evelyn oCrocs oFossil oFragrance Outlet oGhirardelli Chocolate oHartstrings oJohnston & Murphy oJones New York oJuicy Couture oKasper oKate Spade oLane Bryant oLenscrafters oLids oLids Locker Room oLittle Tokyo oLoft Outlet oLuggage Factory oNaturalizer oPapaya oSkechers oSunglass Warehouse oThe Children's Place oTommy Hilfiger oTrue Religion oUltra Diamonds oVan Heusen oYankee Candle The center is scheduled to open to the public on July 18, 2013 with a private preview event to benefit Elm Street Cultural Arts Center on July 17th. "We are excited about the additional new stores and believe that this group of retailers will help draw shoppers from a large area throughout the region," said Gary J. Skoien, chief executive officer of Horizon Group Properties. "The Outlet Shoppes at Atlanta continues to attract the highest caliber retail names," said Michael Lebovitz, executive vice president – development for CBL. "With the center opening on July 18th at more than 95% leased, we are looking forward to building on the momentum of a tremendous opening." The center is located north of Atlanta at the newly-constructed exit off I-575 at Ridgewalk Parkway in Woodstock. More than 112,000 cars pass the site daily. The center is convenient to travelers on Interstates 75, 85 and 20 and is expected to draw over four million visitors annually from a three-state area. Designed in a shopper-friendly configuration, the center will feature covered walkways and landscaped courtyards to maximize the comfort and convenience of shoppers. Its design blends traditional architecture with lively features including a children's play area. A center court complete with fountains and a fireplace will create a festive atmosphere for shoppers and visitors to the center. The site can accommodate an additional 30,000 square feet of outlet shops and also features seven parcels for restaurants, service businesses and other retail uses. When completed, the center is projected to generate more than $130 million in annual sales and $3 million of sales and property taxes for the City of Woodstock. The development and operation of the center is expected to generate a total of $34 million in taxes for the benefit of the City of Woodstock, Cherokee County and its school district over the next ten years. The Outlet Shoppes at Atlanta is a joint venture of CBL & Associates Properties, Inc. and Horizon Group Properties, Inc. Horizon and CBL are co-developers of the project; Horizon is responsible for leasing and managing the center. About Horizon Group Properties, Inc. Based in Norton Shores, Michigan with executive offices in Rosemont, Illinois, Horizon Group Properties, Inc. is a leading owner and developer of factory outlet shopping centers in the United States and Asia and is the developer of a master planned community in suburban Chicago. For more information, please visit www.horizongroup.com. About CBL & Associates Properties, Inc. 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 158 properties, including 96 regional malls/open-air centers. The properties are located in 31 states and total 92.7 million square feet including 10.5 million square feet of non-owned shopping centers managed for third parties. Headquartered in Chattanooga, TN, CBL has regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St. Louis, MO. Additional information can be found atcblproperties.com. THE OUTLET SHOPPES AT ATLANTA Woodstock, GA FACT SHEET Phase I of the outlet center will include 370,000 Description: square feet of gross leasable area with expansion potential for an additional 30,000 square feet. The site contains seven outparcels. Co-Developers: Horizon Group Properties, Inc. and CBL & Associates Properties, Inc. Architect: Adams + Associates Architecture Contractor: VCC, LLC Dates to note: Construction start: May 2012 Grand Opening: July 18, 2013 Amenities: Open-air racetrack design with covered walkways Food Court Courtyard Fountains Park-like atmosphere Customer Service Center Bus parking and tour group services Children's play area Location: I-575 and Ridgewalk Parkway – Woodstock, GA •ADIDAS •AEROPOSTALE •AMERICAN EAGLE •ASICS •AUNTIE ANNE'S •BASS •BERRY & BERRY/TROPICAL SENSATIONS •BOSE •BROOKS BROTHERS •CALPHALON •CARTER'S •CHAO PRAYA •CHARLIE'S STEAKERY •CHARLOTTE RUSSE •CHICKEN NOW •CHICO'S •CHILDRENS PLACE •CLAIRES •CLARKS •COACH •COLE HAAN •COLUMBIA SPORTSWEAR •CONVERSE •CRABTREE & EVELYN •CROCS •DRESS BARN •EASY SPIRIT •FAMOUS FOOTWEAR •FOSSIL •FOX HEAD •GHIRADELLI CHOCOLATE •GOLD TOE •GUESS •GYMBOREE •HAGGAR •HARTSTRINGS •J. CREW •JOCKEY •JOHNSTON & MURPHY •JONES NY •JOS A BANK •JOURNEYS •JUICY COUTURE •KASPER Retailers: •KAY JEWELERS •KITCHEN COLLECTION •LANE BRYANT •LE CREUSET •LENSCRAFTERS •LEVI'S •LIDS •LIDS LOCKER ROOM •LITTLE TOKYO •LOFT •LOVE CULTURE •LUCKY BRAND •LUGGAGE FACTORY •MAIDENFORM •MICHAEL KORS •MOTHERHOOD MATERNITY •NAARTJIE KIDS •NATURALIZER •NEW BALANCE •NIKE •NINE WEST •OSHKOSH B'GOSH •P.S FROM AEROPOSTALE •PAPAYA •PUMA •SAKS FIFTH AVE. OFF FIFTH •SBARRO •SKECHERS •SPRITZ DESIGNER FRAGRANCES •STEVE MADDEN •SUNGLASS HUT •SUNGLASS WAREHOUSE •TALBOTS •TAQUERIA TSUMANI •TOMMY HILFIGER •TRUE RELIGION •ULTRA JEWELRY •UNDER ARMOUR •VAN HEUSEN •VANS •WATERFORD •WHITE HOUSE/BLACK MARKET •WILSONS LEATHER •YANKEE CANDLE •ZUMIEZ Additional store announcements will be made in the near future. SOURCE Horizon Group Properties, Inc. Website: http://www.horizongroup.com Contact: Gina Slechta, SCMD, Vice President of Marketing, PH: 402-991-0875, email@example.com
Horizon Group Properties and CBL & Associates Properties, Inc. Announce 38 New Stores Joining The Outlet Shoppes at Atlanta
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