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General Growth Properties Adds To Retail And Entertainment Line-up At Christiana Mall In Newark, Delaware

Stocks in this article: GGP

CHICAGO, Sept. 6, 2012 /PRNewswire/ -- General Growth Properties, Inc. (NYSE:GGP) ("GGP") today announced the addition of a 17-screen Cinemark theater at Christiana Mall in Newark, Delaware.  The addition of the all-digital theater will further solidify Christiana Mall as a leading retail and entertainment destination.  Christiana Mall is Delaware's largest shopping mall and is home to approximately 130 stores, dining and entertainment options.

Cinemark joins hunting, fishing and outdoor gear retailer Cabela's who announced last week plans to open a new location at Christiana Mall.  Cabela's will begin construction on a 110-thousand square foot store at Christiana Mall in 2013 with plans to open in 2014.

"Christiana Mall has a reputation to live up to not only as the largest mall in Delaware, but also as a chosen retail, dining and entertainment venue for shoppers in four states," said Richard Pesin, executive vice president of development, construction and anchors for General Growth Properties, Inc.  "Our focus is creating an unparalleled retail and entertainment destination.  With Cinemark and Cabela's joining a stellar line-up that already includes Apple, Michael Kors, LEGO and The Cheesecake Factory, Christiana Mall will remain a destination-of-choice."

Christiana Mall's 1.1 million square foot merchandising mix includes current anchors Nordstrom, Target, Macy's and JCPenney.  New retailers to join Christiana Mall in 2012 include A/X Armani, True Religion, Everything But Water, SKECHERS, Chico's and Microsoft.  Christiana Mall serves a four-state area that includes Delaware and parts of Maryland, Pennsylvania and New Jersey.

ABOUT GGP

General Growth Properties, Inc. is a fully integrated, self-managed and self-administered real estate investment trust focused on owning, managing, leasing, and redeveloping regional malls throughout the United States and Brazil. GGP currently owns, or has an interest in, 149 regional shopping malls comprising approximately 141 million square feet of gross leasable area. GGP is headquartered in Chicago, Illinois, and publicly traded on the NYSE under the symbol GGP.



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