CBL & Associates Properties Inc.
HCA Healthcare Signs Full-Building Lease in Metro Houston
The build-to-suit facility is taking shape within a 1.1 million-square-foot lifestyle center in Pearland, Texas.
CBL Properties Sells MS Retail Center for $32M
Best Buy, Dick’s Sporting Goods, HomeGoods, Michaels and Stein Mart anchor the 216,000-square-foot retail asset located 14 miles north of downtown Jackson.
St. Louis Mall Changes Hands
Hull Property Group picked up the 1.3 million-square-foot Chesterfield Mall, opened in 1976, from C-III Capital Partners, which took control of the asset after a foreclosure action in 2016.
CBL Properties Redevelops Central IL Mall
A number of new tenants have committed to the redevelopment, including fashion retailer H&M along with Planet Fitness and Outback Steakhouse.
Regional Mall REITs Trade at Largest Discount to NAV
Retail REITs continue to be challenged, with the regional mall sector and shopping center sector trading at discounts of 30.7 percent and 15.2 percent, respectively, according to S&P Global Market Intelligence data.
TN Plastic Manufacturer Plans $42M Expansion
M&M Industries intends to expand its current Chattanooga plant and also acquire a new industrial building in the county. The investment is expected to create 110 new jobs.
Retail Outlook Not So Dire
The retail picture is not as dark as you think, according to a panel at the NAREE Real Estate Journalism Conference. Evolution is bringing new life to empty sites.
TEI Goes Shopping in Tenn.
Spanning more than 700,000 square feet in total, Time Equities Inc. expanded its southeastern retail footprint with the $53.5 million acquisition of College Square Mall and Foothills Mall.
Horizon Sells Oklahoma City Mall for $130M
The Outlet Resource Group and Singerman Real Estate snapped up the 400,000-square-foot retail property at 7624 West Reno Ave., which functions as the state’s only outlet center.
CBL Promotes Katie Reinsmidt to CIO
Reinsmidt joined the company back in 2004 as director of investor relations and advanced through the years.
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