Wednesday, July 5, 2017

Chattanooga company revives malls as suburban town centers in changing retail landscape

As president of the South's biggest shopping mall owner and developer, Stephen Lebovitz still has the 1998 Time magazine that prematurely proclaimed on its cover "Kiss your mall Goodbye."

Nearly two decades later, CBL & Associate Properties Inc. headed by Lebovitz still owns and manages shopping malls across America and continues to redevelop and add new tenants for its 118 retail properties. Lebovitz, a third-generation retail developer, bristles at those putting the death notices on the local mall.. . . more

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