cbl & associates properties (CBL) Key Developments
CBL & Associates Properties and Horizon Group Properties Break Ground on Expansion of the Outlet Shoppes at Atlanta
Apr 17 15
CBL & Associates Properties Inc. and Horizon Group Properties Inc. announced that construction has begun on the second phase of The Outlet Shoppes at Atlanta. The 33,000 square-foot expansion is scheduled to open before the 2015 holiday season and will bring several popular retailers to the center including GAP Outlet and Banana Republic. The outlet shopping center, located at the intersection of Interstate 575 and Ridgewalk Parkway, opened July 18, 2013. Phase II will be located at the north side of the center and will have excellent visibility from I-575.
CBL & Associates Properties Inc. Names Monique Berke as Vice President of Business Transformation
Apr 7 15
Monique Berke, a 25-year business consultant and manager in the financial services industry and wife of Chattanooga Mayor Andy Berke, has joined the executive staff of CBL & Associates Properties Inc. Berke will serve as vice president of business transformation at CBL. In her new job, Berke will be responsible for overseeing project teams and implementation of CBL's business and technology initiatives. Berke previously served as vice president of investment operations for the Unum Group in Chattanoooga after heading Berke Coaching and Consulting for eight years and previously working as chief operating officer for The Ochs Center for Metropolitan Studies.
CBL & Associates Properties Inc. Presents at ReitWise 2015, Apr-02-2015 09:30 AM
Mar 28 15
CBL & Associates Properties Inc. Presents at ReitWise 2015, Apr-02-2015 09:30 AM. Venue: JW Marriott Desert Ridge Resort & Spa, Phoenix, Arizona, United States. Speakers: Jeffery V. Curry, Chief Legal Officer and Secretary.
CBL & Associates Properties Declares Quarterly Common Stock Dividend and Preferred Stock Dividend, Payable on April 15, 2015 and March 30, 2015, Respectively
Feb 26 15
CBL & Associates Properties Inc. announced that its board of directors has declared a quarterly cash dividend for the company's common stock of $0.265 per share for the quarter ending March 31, 2015. The dividend will be payable on April 15, 2015, to shareholders of record as of March 30, 2015.
The board also declared a quarterly cash dividend of $0.4609375 per depositary share for the quarter ending March 31, 2015, for the company's 7.375% Series D cumulative redeemable preferred stock. The dividend, which equates to an annual dividend payment of $1.84375 per depositary share, is payable on March 30, 2015, to shareholders of record as of March 13, 2015. The board also declared a quarterly cash dividend of $0.4140625 per depositary share for the quarter ending March 31, 2015, for the company's 6.625% Series E cumulative redeemable preferred stock. The dividend, which equates to an annual dividend payment of $1.65625 per depositary share, is payable on March 30, 2015, to shareholders of record as of March 13, 2015.
CBL & Associates Properties Inc. Announces Executive Promotions
Feb 9 15
CBL & Associates Properties Inc. announced the promotions of Andrew Cobb to senior vice president and director of accounting, Stuart Smith to senior vice president- planning/redevelopment, Jennifer Cope to vice president-shared services, Jon Meshel to vice president-development/redevelopment, and Ken Wittler to vice president-development. Andy Cobb joined CBL in June 2002, as vice president-accounting. In February 2007, he was promoted to vice president and director of accounting. Prior to joining CBL Cobb was an audit manager for Arthur Andersen. Stuart Smith joined CBL as director of tenant coordination in January 2001, and then became director-tenant design and development in April 2003. He was promoted to vice president-planning/redevelopment in February 2007. Smith has been an integral part of numerous anchor store additions to CBL malls and is responsible for advanced planning for all mall expansions and redevelopments within the company. Jennifer Cope joined CBL in July 2001, as a junior analyst in Financial Services. In July 2003, Cope was promoted to financial analyst and then to senior financial analyst in July 2006. Her responsibilities included the management of CBL’s insurance and risk management programs, technology for lease reporting needs, joint venture partner relations, and loan closings and assumptions. Jon Meshel joined CBL as assistant project manager in August 1999, and was promoted to project manager in September 2003. In November 2011, Meshel relocated from Boston to Chattanooga as director-development/redevelopment and is responsible for adding larger store formats to CBL’s malls. Ken Wittler joined CBL as a project manager in November 1997. Since then, Wittler has overseen the development of more than a dozen malls, additions and renovations for the Company. Prior to joining CBL, Wittler served six years as project manager for Jim Wilson & Associates and four years as Field Engineer for Tribble & Stephens Construction Company.