CBL Properties Announces Addition of Von Maur to West Towne Mall in Madison, Wisconsin
October 04 2019 - 1:15PM
Business Wire
CBL Properties (NYSE:CBL) along with Von Maur announced today
that the family-owned department store will open its first store in
Madison, Wisconsin, at West Towne Mall in the former Boston Store
location.
“Over the years, Von Maur has been one of the most requested
names by our customers, and we are thrilled to announce their
addition to West Towne Mall,” said Stephen Lebovitz, chief
executive officer, CBL Properties. “This new store will drive
significant traffic to the property and illustrates our ongoing
commitment to enhancing the tenant mix.”
Lebovitz added, “Von Maur will complement the wide range of
upscale shopping options already available at West Towne including
Coach, Pottery Barn, and Williams-Sonoma and position the property
for continued growth.”
“We are thrilled to continue growing our brand in Wisconsin at
such an exceptional location like West Towne Mall,” said Jim von
Maur, president of Von Maur. “After a couple of years scouting
Wisconsin, we were finally able to successfully open our first
location in the state, outside Milwaukee, a couple years ago, and
the response from customers has been overwhelmingly positive. We
are excited to build upon that momentum and introduce Madison area
shoppers to our wide selection of brand name merchandise and
signature Von Maur service, and we look forward to becoming the
shopping destination of choice for years to come.”
Construction will begin in spring 2020 with an anticipated
opening date in 2021. As part of the construction, the former
Boston Store will be razed to make way for the ground-up
development of the new Von Maur store. A more detailed timeline and
grand opening information will be announced as plans progress.
About Von Maur
Von Maur was founded 145 years ago in downtown Davenport, Iowa
and is known for its outstanding selection of leading brand name
and specialty apparel, shoes, accessories and gifts. The Company is
also widely-regarded for its superior customer service, including
an interest-free charge card, accommodating return policy, free
gift wrapping and free shipping services. Von Maur currently
operates 35 stores in 15 states, along with a 120,000 square foot
E-Commerce facility that drives its successful online business at
vonmaur.com.
About West Towne Mall
West Towne Mall is an 828,602-square-foot shopping center
located off Highways 12/14 at Gammon Road. Featuring Total Wine,
Dave & Busters, Dick's Sporting Goods, JCPenney and a 540‑seat
Food Court along with Madison-area exclusives Athleta, Aveda, The
Cheesecake Factory, Dry Goods, Pandora, Pottery Barn, Sephora, and
Williams-Sonoma. Find more at www.ShopWestTowne-Mall.com or on
Facebook at www.Facebook.com/WestTowneMall. West Towne Mall is
owned and operated by CBL Properties of Chattanooga, Tennessee
[NYSE:CBL].
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
108 properties totaling 68.2 million square feet across 26 states,
including 68 high‑quality enclosed, outlet and open-air retail
centers and nine 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20191004005431/en/
Investor Contact: Katie Reinsmidt, Executive Vice President
& Chief Investment Officer, 423.490.8301,
Katie.Reinsmidt@cblproperties.com Media Contact: Stacey Keating,
Director of Public Relations & Corporate Communications,
423.490.8361, Stacey.Keating@cblproperties.com
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