Lloyd Center Signs Long-Term Lease With Live Nation Bringing World-Class Concert Venue to Portland

(PORTLAND, Ore. – August 8, 2018) — Live Nation
Entertainment, the world’s leading live entertainment company, today
announced details about a new premier live music venue coming to Lloyd
Center opening.

The yet-to-be-named venue will be located on the top floor of the former
Nordstrom building at Lloyd Center with a box office on the first floor.
Live Nation’s plans for the venue will reflect the unique culture and
diversity within the community and Portland. Concertgoers can expect
state-of-the-art lighting and sound technology, and other accommodations
including unmatched VIP amenities, communal bars and lounge areas for pre
and post event dining, and more.

“This is the first step in Lloyd Center’s evolution to become a true
lifestyle entertainment center,” said Bob Dye, general manager at Lloyd
Center. “Our restaurants and retailers are thrilled about the thousands of
concertgoers who will walk by their stores every day.”

“Portland is a great music market with a strong fan base,” said Liam
Thornton, executive vice president of development of Live Nation’s Clubs
& Theatres group. “This mid-size venue will fill the gap between the
smaller-club venues and larger arenas already present in Portland, bringing
fans even more entertainment offerings.”

The Live Nation venue aligns with recent renovations at Lloyd Center and
the mall’s vision to become an entertainment destination and lifestyle
center. Lloyd Center recently completed Phase One of the
multi-million-dollar renovation project, which includes completion of a new
food court, overhaul of the historic ice rink, and remodel of the signature
three-story spiral staircase.

Additional renovations to the mall’s incoming Regal Cinemas and Live Nation
spaces will be seen in the coming months as Lloyd Center kicks off Phase
Two. Lloyd Center is currently engaged in discussions with additional
family-friendly entertainment companies and local restaurants and bars with
the idea of creating an entertainment wing that people of all ages will
enjoy.

“Lloyd Center has a vision to make this a special place—we are thrilled to
be a part of it,” explained Thornton. “Additionally, the mall’s central
location and convenient access to extensive transportation options will
only elevate the concertgoer’s experience.”

# # #

About Lloyd Center

The iconic Lloyd Center—once America’s largest mall and a model for retail
centers across the country—is a 1.2 million-square-foot mixed-use
lifestyle, shopping and entertainment center centrally located in the
Portland Metro area. Recently acquired by one of the premier retail
management firms in the nation, the mall is undergoing renovations that
reflect the diverse community, which is being reimagined to accommodate
people from all walks of life and includes new housing options, expanded
pedestrian and green spaces, restaurants, and office/retail space.

Lloyd Center is anchored by Macy’s and accompanied by a strong mix of
national retailers including, H&M, Ulta, Victoria’s Secret, Loft and
Marshalls. Traditional shopping hours are 10 a.m. – 9 p.m. Monday through
Saturday and 11 a.m. – 6 p.m. Sunday. Lloyd Center is owned by an affiliate
of CAPREF Manager, LLC, which manages a private equity fund in excess of
$1.2 billion and encompasses a portfolio of 5.8M square feet of retail and
mixed-use properties across the United States. Visit lloydcenter.com for more
information.

About Live Nation Entertainment Club & Theatre Division

Live Nation Club & Theatre division promotes nearly 15,000
events—including concerts, special events, private event rentals, club
nights and more—in over 100 venues across the United States. With 78
owned/operated/managed clubs and theaters, the Live Nation Entertainment
Club & Theatre portfolio, a division of Live Nation, is wide-ranging
including the legendary Fillmores and the intimate House of Blues clubs
throughout the United States. Live Nation Entertainment Club & Theatre
division is the country’s preeminent live-music venue collection featuring
state-of-the-art sound and lighting technology in one-of-a-kind
custom-designed environments aimed to bring fans and artists together in
unparalleled musical environments.

CONTACTS:

Bob Dye

Lloyd Center

[email protected]
Phone: 503.528.8515

Jim Yeager

breakwhitelight (For Live Nation Entertainment Club &
Theatre division)

[email protected]

Office: 424-644-0225

Cell: 818-264-6812

Read more about

ncG1vNJzZmivp6x7rbXVnqWarJmku6a6056prZmZo7qmutNnmqilX2d9coSOaW9opJykxqV5wp6lrZ2iYsCqs82sZKWnnpx6tbHRpmSlnZGosm7DyK2fZqSZq7JuusCtoKimXZe%2FqrrGoqWgZaekv62wjJyjmqujYrCwusKeqa1lppq7trGMraZmqJ%2Bnwa2tzZ1kpZmembqivspo