Urban Retail to manage four regional malls

Chicago -- Urban Retail Properties, LLC said it has been awarded the contract by Garrison Investment Group to provide management and leasing services for four regional shopping centers, effective immediately.



Urban will assume third-party responsibilities for Chapel Hills Mall (Colorado Springs, Colo.), Central Mall (Salina, Kan.), Decatur Mall (Decatur, Ala.) and Lakeshore Mall (Gainesville, Ga.).



Chapel Hills Mall is a 1.2-million-sq.-ft. property featuring more than 100 stores, restaurants, a 15-screen theater and six department stores.



Central Mall is a single-level, 486,444-sq.-ft. enclosed regional mall anchored by Dillard’s, J.C. Penney and Sears.



Decatur Mall is a single-level, 575,923-sq.-ft. enclosed regional mall anchored by Belk, Sears and J.C. Penney Outlet, along with an eight-screen Regal Cinemas and 50 specialty shops and restaurants.



Lakeshore Mall, a single-level 517,153-sq.-ft. enclosed regional mall is anchored by Belk, Sears and J.C. Penney.