CHATTANOOGA, TN and OKLAHOMA CITY, OK--(BUSINESS WIRE)--CBL & Associates Properties, Inc. (NYSE: CBL) and Horizon Group Properties, Inc. (HGPI) (OTC:HGPI.PK) announced today that the outstanding success of the grand opening of The Outlet Shoppes at Oklahoma City held on August 5, 2011, represented the tremendous strength of the project and its future.
Shoppers flocked in record number to enjoy the fully leased center throughout grand opening weekend.
“In our more than 33 years of operation, CBL has never experienced a grand opening quite like this,” said Stephen Lebovitz (middle right photo), president and chief executive officer of CBL & Associates Properties, Inc.“Shoppers from as far as 200 miles have come to enjoy a selection of stores that was not available in Oklahoma before now. We are pleased The Outlet Shoppes at Oklahoma City opened to such a tremendous reception and anticipate this positive momentum will continue.”
“The crowds over grand opening weekend were unbelievable,” said Gary J. Skoien (lower left photo), chief executive officer of Horizon Group Properties. “Reports from our retail partners indicate that sales levels have handily beat plans and expectations.
“ The Outlet Shoppes at Oklahoma City has already proved to be a great addition to the market and we are confident in its continued success.”
Contacts
Horizon Group Properties, Inc.
Gina Slechta, SCMD, Vice President of Marketing
402-991-0875
or
CBL & Associates Properties, Inc.
Katie Reinsmidt, Vice President -Corporate Communications
and Investor Relations
423-490-8301
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