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CBL Expands Legal Team with Senior Real Estate Veteran.


Business Editors

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Feb. 23, 2004

CBL Cbl cobalamin.  & Associates Properties, Inc. (NYSE NYSE

See: New York Stock Exchange
:CBL) today announced that it has hired Victoria S. Berghel as vice president and deputy general counsel. Ms. Berghel will focus on department store and other major retailer documentation for new developments, acquisitions, expansions, as well as redevelopments of existing properties and other miscellaneous legal matters.

CBL's President, Stephen Lebovitz, commented, "Vickie Berghel is well known throughout the shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  industry and is a recognized authority in real estate law. Her shopping center development experience from the standpoint of both the retailer and the developer will be a tremendous asset to CBL as we continue to move forward with an active development, acquisition and redevelopment program."

Ms. Berghel's significant experience representing both retailers and shopping center developers alike complements the legal team led by Ron Gimple, CBL's senior vice president and general counsel, another long time veteran of the shopping center industry. Joining the Company after seven years at Sears, Roebuck and Co., she was most recently vice president, real estate law and served as counsel to real estate and other departments, and was responsible for all transactions for the real estate, store planning and construction departments. She was also a team leader for the rollout of no less than seven different retail formats for Sears.

Prior to Sears, Ms. Berghel was a partner, member of the executive committee and chair of the real estate department during two different stints at Baltimore-based Weinberg & Green from 1977 to 1996 (now Saul Ewing Saul Ewing LLP is a Philadelphia-based law firm. In addition to their main headquarters (located in the heart of the business district in Center City, Philadelphia, Pennsylvania,) Saul Ewing has seven Mid-Atlantic regional offices in Baltimore, MD, Chesterbrook, PA, Harrisburg, PA, ) and was in-house counsel from 1991 to 1995 for Percontee, Inc., a family-owned real estate company responsible for developments such as Tysons Corner.

CBL & Associates Properties, Inc. is one of the top five owners of shopping centers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  and the largest owner of malls and shopping centers in the Southeast. CBL owns or holds interests and manages 159 properties, including 60 enclosed en·close   also in·close
tr.v. en·closed, en·clos·ing, en·clos·es
1. To surround on all sides; close in.

2. To fence in so as to prevent common use: enclosed the pasture.
 regional malls. The properties are located in 26 states and total 62.5 million-square-feet including 2.0 million-square-feet of non-owned shopping centers managed for third parties. CBL has eight projects under construction totaling approximately 2.7 million-square-feet including two malls -- Coastal Grand in Myrtle Beach, SC, and Imperial Valley Mall Valley Mall may refer to:
  • Valley Mall (Harrisonburg), a shopping mall in Harrisonburg, Virginia.
  • Valley Mall (Hagerstown), a shopping mall in Hagerstown, Maryland.
  • Valley Mall (Corner Brook), a shopping mall in Corner Brook, Newfoundland and Labrador.
 in El Centro El Centro (ĕl sĕn`trō), city (1990 pop. 31,384), seat of Imperial co., SE Calif., near the Mexican border; inc. 1908. It is a processing and shipping center for a heavily irrigated agricultural region (vegetables, grain, cotton, , CA. The other centers under construction include one associated center, two community centers and three expansions. In addition to its office in Chattanooga, TN, CBL has a regional office in Boston (Waltham), MA. Additional information can be found at www.cblproperties.com.
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Publication:Business Wire
Date:Feb 23, 2004
Words:414
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