CBL Properties Welcomes Jon Meshel Back to CBL as Senior Vice President – Redevelopment

Rhea-AI Summary

CBL Properties (NYSE:CBL) announces the reappointment of Jon Meshel as senior vice president – redevelopment, after three years at Centennial. Meshel brings extensive experience, having previously led over 20 anchor box projects at CBL, contributing to more than 3.5 million square feet of retail transactions between 2013-2019. His role focuses on mixed-use redevelopment, enhancing CBL’s portfolio in dynamic communities. The company, headquartered in Chattanooga, TN, manages 95 properties totaling 59.6 million square feet across 24 states.

Positive

• Jon Meshel's return is expected to strengthen CBL's redevelopment efforts.
• Meshel has extensive experience in mixed-use projects and retail transactions.
• CBL operates a substantial portfolio of 95 properties across 24 states, totaling 59.6 million square feet.

Negative

• None.

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced that Jon Meshel has rejoined CBL as senior vice president – redevelopment after spending the last three years overseeing mixed-used redevelopments at Centennial. Prior to joining Centennial in 2019, he spent 20 years at CBL working on all aspects of regional mall and mixed-use projects.

“As we ramp up our redevelopment program and focus on more mixed-use projects, Jon’s institutional knowledge of CBL, his recent experience at Centennial and his skill set developed over the course of his more than 20-year career will be incredibly valuable,” said Stephen D. Lebovitz, chief executive officer, CBL Properties. “We are pleased to welcome Jon back to the team and look forward to his contributions to CBL’s future growth.”

During his time at Centennial, he acted as a project leader handling project visioning, master planning, public incentives, entitlements, and joint-venture deal structure to deliver outstanding overall project execution. His projects included Hawthorn Mall in Vernon Hills, Illinois; Fox Valley Mall in Aurora, Illinois; and Connecticut Post in Milford, Connecticut.

In his prior role at CBL, he served as vice president – redevelopment and led the execution of over 20 anchor box redevelopment projects. Between 2013-2019, he was responsible for more than 3.5 million square feet of large format retail transactions. Prior to that, he had direct involvement in over $800 million of ground-up development projects.

“We enthusiastically welcome Jon back to the CBL team,” added Michael I. Lebovitz, president, CBL Properties. “In his role as senior vice president – redevelopment, Jon will focus on mixed-use redevelopment and manage some of our more complex projects.”

Jon is a graduate of McGill University in Montreal, Quebec with a Bachelor of Arts in Economics.

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 95 properties totaling 59.6 million square feet across 24 states, including 57 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.

CBL_Emp

View source version on businesswire.com: https://www.businesswire.com/news/home/20220502005706/en/

Investor Contact:

Katie Reinsmidt

Executive Vice President & Chief Investment 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

Who is Jon Meshel in relation to CBL Properties?

Jon Meshel has rejoined CBL Properties as senior vice president – redevelopment, focusing on mixed-use projects.

What is the role of Jon Meshel at CBL?

Jon Meshel will lead mixed-use redevelopment and manage complex projects at CBL.

How many properties does CBL own and manage?

CBL Properties owns and manages 95 properties totaling 59.6 million square feet.

What are the recent developments at CBL Properties?

CBL Properties has ramped up its redevelopment program with a focus on mixed-use projects.