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Balboa Mesa Shopping Center, San Diego
Jacksonville, Fla.-based Regency Centers has acquired Balboa Mesa Shopping Center, a 189,321-sq.-ft. infill shopping center anchored by a 42,247-sq.-ft. Vons grocery store.
Regency purchased the San Diego property for $59.5 million from Balboa Realty LLC.
Built in 1969, Balboa Mesa Shopping Center is also anchored by a 77,000-sq.-ft. Kohl’s and a 24,000-sq.-ft. CVS/pharmacy.
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CBL names CFO, promotes Reinsmidt
Chattanooga, Tenn. -- CBL & Associates Properties announced that Farzana Mitchell has succeeded John Foy as CFO.
Foy will remain in the near term as executive vice chairman to provide continuity through the transition.
In addition, the CBL board announced that Katie Reinsmidt has been promoted to the new position of senior VP – investor relations and corporate investments.
