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SRS Real Estate names NY exec
Dallas -- SRS Real Estate Partners said Friday that it has named Mark Kapnick senior VP in the firm’s New York office.
Kapnick will join SRS’ newly formed SRS Urban team, which focuses on the major urban retail markets in the United States. In the Metro New York market, he will help lead the SRS Urban push into landlord services and investment sales.
Kapnick was previously with Robert K. Futterman and Associates, first as director then senior managing director specializing in retail leasing and investment sales.
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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.