CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
CBL Properties (NYSE: CBL) today announced plans to add new dining
options as part of the redevelopment of two former Sears Auto Centers.
The redevelopments will deliver fresh new eateries at both Volusia Mall
in Daytona Beach, Florida, and Northgate Mall in Chattanooga, Tennessee.
Construction on both projects will begin in March with an expected
opening this fall.
“CBL is committed to diversifying the uses at our properties to include
more dining and other lifestyle options. We are thrilled to move forward
with our plans to redevelop the two Sears Auto Centers we acquired last
year,” said Stephen Lebovitz, president & CEO, CBL Properties. “This is
one of many announcements we look forward to sharing in 2018 detailing
the transformation of CBL properties through our redevelopment program.”
Bonefish Grill, Metro Diner, and The Casual Pint will join the mix at
Volusia Mall. Additional tenants planned as part of the project will be
announced as leases are executed.
Northgate Mall will welcome Tennessee-based Aubrey’s as well as Panda
Express as part of the redevelopment.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a
national portfolio of market-dominant properties located in dynamic and
growing communities. CBL’s portfolio is comprised of 119 properties
totaling 74.4 million square feet across 27 states, including 76
high-quality enclosed, outlet and open-air retail centers and 12
properties managed for third parties. CBL continuously strengthens its
company and portfolio through active management, aggressive leasing and
profitable reinvestment in its properties. For more information visit cblproperties.com.
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CBL Properties
Investor Contact:
Katie Reinsmidt, 423-490-8301
Executive
Vice President & Chief Investment Officer
Katie.Reinsmidt@cblproperties.com
or
Media
Contact:
Stacey Keating, 423-490-8361
Director of Public
Relations & Corporate Communications
Stacey.Keating@cblproperties.com
Source: CBL Properties