CBL Properties Announces Plans to Bring New Dining Options to Two Properties as Part of Redevelopment
Projects
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.
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
View source version on businesswire.com: http://www.businesswire.com/news/home/20180219005082/en/