-

CBL Properties Celebrates Opening of DICK’S Sporting Goods and Golf Galaxy at Coastal Grand Mall in Myrtle Beach, South Carolina

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced the opening of a new DICK’S Sporting Goods and the addition of Golf Galaxy at Coastal Grand Mall in Myrtle Beach, South Carolina.

“We were thrilled to celebrate the grand opening of DICK’S Sporting Goods and Golf Galaxy this past weekend,” said Stephen Lebovitz. “This project is a great example of our redevelopment strategy with its focus on bringing in-demand retail as well as other uses to our properties. Adding DICK’S Sporting Goods’ latest prototype store as well as Golf Galaxy to the property further solidifies Coastal Grand Mall as a destination of choice for local shoppers and tourists alike.”

DICK’S Sporting Goods and Golf Galaxy opened on September 18th in a new building developed near Dillard’s. DICK’S Sporting Goods relocated from its previous location in the center and Golf Galaxy is a new addition.

About Coastal Grand Mall
Coastal Grand Mall, a joint-venture project owned by CBL Properties and Burroughs and Chapin and managed by CBL Properties, features more than 170 great specialty shops and is anchored by Bed Bath & Beyond, Belk, Books-A-Million, Cinemark Theatres, DICK’S Sporting Goods, Golf Galaxy, Dillard’s, JCPenney, Old Navy and Sears. Coastal Grand Mall is conveniently located at the Highway 17 Bypass and US Highway 501. For more information, visit online at CoastalGrand.com or on Facebook at Facebook.com/CoastalGrandMall.

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 seeks to strengthen 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
Executive Vice President & Chief Investment Officer
423.490.8301
Katie.Reinsmidt@cblproperties.com

Media Contact:
Stacey Keating
Senior Director of Public Relations & Corporate Communications
423.490.8361
Stacey.Keating@cblproperties.com

CBL Properties

NYSE:CBL

Release Versions
$Cashtags

Contacts

Investor Contact:
Katie Reinsmidt
Executive Vice President & Chief Investment Officer
423.490.8301
Katie.Reinsmidt@cblproperties.com

Media Contact:
Stacey Keating
Senior Director of Public Relations & Corporate Communications
423.490.8361
Stacey.Keating@cblproperties.com

More News From CBL Properties

CBL Properties Closes $176 Million Non-Recourse Financing

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it has closed on a $176 million floating‑rate, non‑recourse loan secured primarily by a pool of three lifestyle and open‑air centers. The financing represents the second and final component of the Company’s refinancing of its former $634 million secured term loan. The new loan with Beal Bank USA is secured by Mayfaire Town Center (Wilmington, NC), Pearland Town Center (Pearland, TX), Southaven Town Center (South...

CBL Properties Announces Over $600 Million in Landmark Financing Transactions

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that it has successfully refinanced its existing $634 million term loan through two complementary transactions. Today, CBL closed on a $425 million non-recourse financing secured by a pool of primarily mall properties. In addition, CBL anticipates closing shortly on a $176 million floating-rate bank loan primarily secured by a pool of strong open-air lifestyle centers. The new $425 million financing represents the f...

CBL Properties Announces Acquisition of Gateway Mall in Lincoln, NE and Sale of Open-Air Center

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced two significant transactions that advance the company’s strategic focus on accretively growing its mall portfolio and increasing cash flow through capital recycling. CBL has completed the acquisition of Gateway Mall, a market-dominant enclosed shopping center located in Lincoln, Nebraska, for a purchase price of $43.5 million from Washington Prime Group (WPG). The acquisition of Gateway Mall was financed through a $2...
Back to Newsroom