CBL Properties Announces Addition of New Value Retail Anchor at Dakota Square in Minot, North Dakota
June 03 2019 - 10:00AM
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190603005447/en/
Investor Contact: Katie Reinsmidt, EVP & Chief Investment
Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.comMedia
Contact: Stacey Keating, Director of Public Relations &
Corporate Communications, 423.490.8361,
Stacey.Keating@cblproperties.com
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