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CBL Properties Celebrates Opening of New Medical Office Building at Friendly Center in Greensboro, North Carolina

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CBL Properties (NYSE:CBL) has announced the opening of Atrium Health Wake Forest Baptist Medical Plaza at Friendly Center in Greensboro, North Carolina. The new 20,000+ square foot medical office building was developed in partnership with Davis Moore Capital and offers family medicine, imaging, and urgent care services, including pediatric care.

The facility is located at 3120 Northline Ave, on the former site of Romano's Macaroni Grill. CBL's CEO, Stephen Lebovitz, highlighted the strategic importance of this addition, noting that it will draw significant daily traffic and complement existing offerings at Friendly Center.

This development aligns with CBL's strategy to diversify its shopping centers, having added nine medical uses to its portfolio with more in the pipeline. The company aims to meet evolving market needs by incorporating a variety of uses in its properties.

CBL Properties (NYSE:CBL) ha annunciato l'apertura della Atrium Health Wake Forest Baptist Medical Plaza al Friendly Center di Greensboro, in North Carolina. Il nuovo edificio per uffici medici di oltre 20.000 piedi quadrati è stato sviluppato in collaborazione con Davis Moore Capital e offre medicina di famiglia, servizi di imaging e cure urgenti, inclusa l'assistenza pediatrica.

La struttura si trova al 3120 Northline Ave, sul precedente sito del Romano's Macaroni Grill. Il CEO di CBL, Stephen Lebovitz, ha sottolineato l'importanza strategica di questa aggiunta, evidenziando che attirerà un traffico significativo quotidiano e completerà le offerte esistenti al Friendly Center.

Questo sviluppo è in linea con la strategia di CBL di diversificare i suoi centri commerciali, avendo aggiunto nove utilizzi medici al suo portafoglio con ulteriori in programma. L'azienda punta a soddisfare le esigenze di mercato in evoluzione incorporando una varietà di usi nelle sue proprietà.

CBL Properties (NYSE:CBL) ha anunciado la apertura de Atrium Health Wake Forest Baptist Medical Plaza en Friendly Center en Greensboro, Carolina del Norte. El nuevo edificio de oficinas médicas de más de 20,000 pies cuadrados fue desarrollado en asociación con Davis Moore Capital y ofrece medicina familiar, servicios de imágenes y atención urgente, incluyendo atención pediátrica.

La instalación está ubicada en 3120 Northline Ave, en el antiguo sitio del Romano's Macaroni Grill. El CEO de CBL, Stephen Lebovitz, destacó la importancia estratégica de esta adición, señalando que atraerá un tráfico significativo diario y complementará las ofertas existentes en Friendly Center.

Este desarrollo está alineado con la estrategia de CBL de diversificar sus centros comerciales, habiendo añadido nueve usos médicos a su cartera y con más en camino. La compañía aspira a satisfacer las necesidades del mercado en evolución incorporando una variedad de usos en sus propiedades.

CBL Properties (NYSE:CBL)는 노스캐롤라이나 그린스보로에 있는 Friendly Center에 Atrium Health Wake Forest Baptist Medical Plaza의 개장을 발표했습니다. 새로 지어진 20,000제곱피트 이상의 의료 사무실 건물은 Davis Moore Capital과의 협력으로 개발되었으며 가정의학, 영상의학 및 응급 치료 서비스, 소아과 치료를 포함한 서비스를 제공합니다.

시설은 3120 Northline Ave에 위치하며, 이전에는 Romano's Macaroni Grill이 있던 장소입니다. CBL의 CEO인 Stephen Lebovitz는 이 추가 시설의 전략적 중요성을 강조하며, 매일 상당한 교통량을 유도할 것이며 Friendly Center의 기존 제안을 보완할 것이라고 언급했습니다.

이번 개발은 CBL의 쇼핑 센터 다각화 전략에 부합하며, 현재 포트폴리오에 아홉 개의 의료 용도를 추가하고 더 많은 것이 예정되어 있습니다. 회사는 자산에 다양한 용도를 통합하여 변화하는 시장의 요구를 충족하는 것을 목표로 하고 있습니다.

CBL Properties (NYSE:CBL) a annoncé l'ouverture de la Atrium Health Wake Forest Baptist Medical Plaza au Friendly Center à Greensboro, en Caroline du Nord. Le nouveau bâtiment de bureaux médicaux de plus de 20 000 pieds carrés a été développé en partenariat avec Davis Moore Capital et propose des services de médecine familiale, d'imagerie et de soins d'urgence, y compris des soins pédiatriques.

La structure est située au 3120 Northline Ave, sur l'ancien site du Romano's Macaroni Grill. Le PDG de CBL, Stephen Lebovitz, a souligné l'importance stratégique de cet ajout, notant qu'il attirera un trafic quotidien significatif et complétera les offres existantes au Friendly Center.

Ce développement s'inscrit dans la stratégie de CBL de diversifier ses centres commerciaux, ayant ajouté neuf usages médicaux à son portefeuille et d'autres à l'horizon. L'entreprise vise à répondre aux besoins du marché en évolution en incorporant une variété d'usages dans ses propriétés.

CBL Properties (NYSE:CBL) hat die Eröffnung des Atrium Health Wake Forest Baptist Medical Plaza im Friendly Center in Greensboro, North Carolina, bekannt gegeben. Das neue über 20.000 Quadratfuß große medizinische Bürogebäude wurde in partnerschaftlicher Zusammenarbeit mit Davis Moore Capital entwickelt und bietet Hausarztmedizin, Bildgebung und Notfallversorgung, einschließlich pädiatrischer Betreuung.

Die Einrichtung befindet sich in der Northline Ave 3120, auf dem ehemaligen Gelände des Romano's Macaroni Grill. CBL-CEO Stephen Lebovitz betonte die strategische Bedeutung dieser Erweiterung und bemerkte, dass sie täglichen Verkehr anziehen wird und die bestehenden Angebote im Friendly Center ergänzt.

Diese Entwicklung stimmt mit CBLs Strategie überein, seine Einkaufszentren zu diversifizieren, nach dem bereits neun medizinische Nutzungen in sein Portfolio aufgenommen wurden und weitere in Planung sind. Das Unternehmen möchte den sich wandelnden Marktbedürfnissen gerecht werden, indem es eine Vielzahl von Nutzungen in seine Immobilien integriert.

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CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Today CBL Properties (NYSE:CBL) announced that Atrium Health Wake Forest Baptist Medical Plaza has opened at Friendly Center in Greensboro, North Carolina. The new center was developed in a joint venture with Davis Moore Capital. Representatives from CBL and Atrium Health Wake Forest Baptist marked this occasion last week with a ribbon cutting and community celebration.

“We are thrilled to welcome Atrium Health Wake Forest Baptist to the Friendly Center campus,” said Stephen Lebovitz, chief executive officer, CBL Properties. “Friendly Center’s dominant position in the market makes it an ideal location for a medical office building. Atrium Health Wake Forest Baptist will draw significant daily traffic and complements the existing offerings at the property.”

The more than 20,000 square foot building sits on the site of the former Romano’s Macaroni Grill located at 3120 Northline Ave. Services include family medicine, imaging, and urgent care as well as onsite health care providers, trained in pediatrics, to care for children.

“Friendly Center has a long history as a favorite retail area in Greensboro,” said Dr. David Zaas, president of Atrium Health Wake Forest Baptist. “Our presence here will be a great convenience to those who live and work in this part of Greensboro and will help us better meet the area’s growing healthcare needs.”

Added Lebovitz, “Over the last several years, we’ve added nine medical uses to our portfolio and have several others in the pipeline. These additions illustrate our ongoing commitment to diversifying our shopping centers to include a variety of uses to meet the needs of the markets we serve.”

About Atrium Health Wake Forest Baptist

Atrium Health Wake Forest Baptist (www.wakehealth.edu) is a preeminent academic health system based in Winston-Salem, North Carolina and part of Advocate Health, the third-largest nonprofit health system in the United States, which was created through the combination of Atrium Health and Advocate Aurora Health. Atrium Health Wake Forest Baptist’s two main components are an integrated clinical system – anchored by Atrium Health Wake Forest Baptist Medical Center, an 885-bed tertiary-care hospital in Winston-Salem – that includes Atrium Health Levine Children’s Brenner Children’s Hospital, five community hospitals, more than 300 primary and specialty care locations and more than 2,700 physicians; and Wake Forest University School of Medicine, the academic core of Advocate Health and a recognized leader in experiential medical education and groundbreaking research that includes Wake Forest Innovations, a commercialization enterprise focused on advancing health care through new medical technologies and biomedical discovery. Atrium Health Wake Forest Baptist employs more than 22,000 teammates, part of Advocate Health’s 155,000 teammates. Atrium Health Wake Forest Baptist provided a record-setting $1.2 billion in community benefit in 2023, which includes unreimbursed care, financial assistance, education and research, and community health improvement. Follow us on Facebook, Instagram and X.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s owned and managed portfolio is comprised of 94 properties totaling 58.5 million square feet across 22 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

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Investor Contact: Katie Reinsmidt, Executive Vice President & Chief Operating Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com

Media Contact: Stacey Keating, Vice President– Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com

Source: CBL Properties

FAQ

What new medical facility has opened at CBL's Friendly Center in Greensboro, NC?

Atrium Health Wake Forest Baptist Medical Plaza has opened at CBL's Friendly Center in Greensboro, North Carolina.

How large is the new Atrium Health Wake Forest Baptist facility at Friendly Center?

The new Atrium Health Wake Forest Baptist facility at Friendly Center is more than 20,000 square feet in size.

What services does the new medical plaza offer at CBL's Friendly Center?

The new medical plaza at CBL's Friendly Center offers family medicine, imaging, urgent care, and pediatric care services.

Where is the new Atrium Health Wake Forest Baptist Medical Plaza located within Friendly Center?

The new medical plaza is located at 3120 Northline Ave, on the site of the former Romano's Macaroni Grill at Friendly Center.

How many medical uses has CBL Properties (NYSE:CBL) added to its portfolio recently?

CBL Properties (NYSE:CBL) has added nine medical uses to its portfolio over the last several years, with more in development.

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