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Home » CBL Properties to Add Four Entertainment Centers at Malls in North Dakota, North Carolina and South Carolina
)–CBL Properties (NYSE:CBL) right now introduced the addition of Tilt Studios to its two North Dakota properties, Dakota Square in Minot and Kirkwood Mall in Bismarck, and Stars and Strikes at Coastal Grand in Myrtle Beach, South Carolina . and Main Event at Cross Creek Mall in Fayetteville, North Carolina. BUSINESS WIRE
“We are pleased to announce the additions of Tilt, Main Event and Stars and Strikes, further diversifying the tenant mix available at each of these properties and solidifying them as entertainment destinations in their respective markets,” stated Stephen Lebovitz, Chief Executive Officer. “In recent years we have seen increasing demand from entertainment users and as of 2017 opened eleven major family-friendly entertainment options across our portfolio, with nearly half a dozen more in various stages of negotiation.”
At Dakota Square Mall, Tilt will open at the previous location of Scheels and occupy practically 50,000 sq. ft. Scheels not too long ago relocated and expanded into the previous Sears constructing on the property. Tilt at Kirkwood Mall, positioned in the previous Herberger constructing, will occupy 92,500 sq. ft. A redesign of the adjoining car parking zone was accomplished in May, including new eating choices to the property together with Chick-fil-A, Blaze Pizza and Panchero’s Mexican Grill. Tilt at Dakota Square is slated to open in December and Tilt at Kirkwood Mall will open in 2023.
Stars and Strikes at Coastal Grand Mall will take up 52,000 sq. ft and will exchange DICK’s Sporting Goods, which not too long ago expanded and moved to a brand new location on the property, including its well-liked Golf Galaxy idea.
At Cross Creek Mall, the primary occasion will take up roughly 38,000 sq. ft. The addition is a part of the property’s Sears redevelopment venture, which additionally included the addition of Rooms To Go and Longhorn Steakhouse.
Lebovitz added, “Rental demand in our properties is back to pre-pandemic levels with nearly three million square feet leased through the third quarter of 2022.”
In addition to new leisure makes use of, CBL has plenty of different non-retail makes use of in varied phases of negotiation, together with a multi-family improvement, 4 lodges, seven medical makes use of, 9 different non-retail makes use of, and 23 eating places.
About CBL properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a nationwide portfolio of dominant properties in dynamic and rising communities. CBL’s owned and managed portfolio consists of 94 properties totaling 58.5 million sq. ft in 22 states, together with 56 high-quality gated malls, outlet facilities and life-style retail facilities, in addition to greater than 30 open-air facilities and different belongings. CBL strives to regularly strengthen its enterprise and portfolio by lively administration, aggressive leasing and worthwhile reinvestments in its properties. Visit cblproperties.com for extra data.