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CBL to acquire Northgate Mall
Chattanooga, Tenn. -- CBL & Associates Properties said Thursday that it has agreed to acquire Northgate Mall in CBL’s hometown of Chattanooga, for $11.5 million in cash.
The mall was listed for sale through an online auction. CBL anticipates closing on the transaction by Oct. 6.
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SRS Real Estate appoints Denver exec
Dallas -- SRS Real Estate Partners has announced the hiring of Brian Hollenback as a VP in the Denver office.
Hollenback has been involved in over 2,000,000 sq. ft. of ground-up retail developments and has completed over 125 pad transactions throughout the Colorado market. He also has represented numerous national and regional retail and restaurants concepts as well as a variety of shopping center owners and developers in leasing their shopping centers.