CHATTANOOGA, Tenn.–(BUSINESS WIRE)–CBL Properties (NYSE:CBL) today announced the addition of an 18,000
square-foot Ross Dress for Less to Dakota Square in Minot, North Dakota,
as part of the redevelopment of the former Herberger’s store.
“Replacing the former Herberger’s is a great opportunity for us to
provide our shoppers with an in-demand value retailer like Ross,” said
Stephen Lebovitz, chief executive officer, CBL Properties. “This
announcement comes on the heels of the successful grand opening of
HomeGoods at Dakota Square. It demonstrates our confidence in the
property’s future and our commitment to reinvesting through the addition
of strong, growing retailers.”
Construction on this project is currently underway with a planned
opening in fall 2019. Additional details will be announced as plans are
finalized.
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 113 properties
totaling 70.6 million square feet across 26 states, including 70
high-quality enclosed, outlet and open-air retail centers and 10
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.
Contacts
Investor Contact: Katie Reinsmidt, EVP & Chief Investment Officer,
423.490.8301, [email protected]
Media
Contact: Stacey Keating, Director of Public Relations & Corporate
Communications, 423.490.8361, [email protected]
