CBL CBL and Associates Properties Inc

CBL & Associates Properties, Inc. (NYSE: CBL) today announced it has hired David R. Levy as assistant general counsel. Mr. Levy will report to Vickie Berghel, senior vice president and general counsel. Commenting on the announcement, Stephen Lebovitz, president of CBL & Associates Properties, Inc., said, "David's diversity of legal experience will be a great addition to our top-notch legal team. We expect David's perspective from a successful and active career at The May Company to be a tremendous resource for our acquisition, development and leasing divisions. We are a strong believer in hiring experienced professionals to facilitate our transactions and to complement our efforts and relationships with retailers, land and property owners, and governmental agencies to name a few." Joining CBL after more than 11 years with The May Department Stores Company, Mr. Levy brings extensive experience in real estate, including significant merger and acquisition, construction and operational issues and related litigation management expertise. He also has strong experience in all areas of corporate governance with comprehensive legal work in the labor and employment law, business operations and corporate practice areas. Prior to that time, Mr. Levy was a contract administrator with McDonnell Douglas. Mr. Levy received his bachelor's degree from the University of Illinois and his MBA and Juris Doctorate degrees from Saint Louis University's School of Business Administration and School of Law. CBL is one of the largest and most experienced owners and developers of malls and shopping centers in the country. CBL owns, holds interests in or manages 132 properties, including 79 regional malls/open-air centers. The properties are located in 27 states and total 74.1 million square feet including 2.0 million square feet of non-owned shopping centers managed for third parties. CBL currently has ten projects under construction totaling 2.2 million square feet including Phase II of Gulf Coast Town Center in Ft. Myers, FL; two open-air shopping centers; a community center, two associated centers and four expansions. In addition to its two regional offices in Boston (Waltham), MA, and Dallas, TX, CBL's corporate office is located in Chattanooga, TN. Additional information can be found at http://cblproperties.com.