Shopping center developer CBL & Associates Properties Inc. today reported higher first quarter earnings on better leasing and occupancy.
“We have started off the year with impressive results,” said Stephen D. Lebovitz, the Chattanooga-based company’s chief executive officer.
CBL posted first quarter funds from operations of $93.3 million, or 63 cents per share, compared with $67.9 million, or 49 cents per share, a year ago, according to the company.
Mike Pare, the deputy Business editor at the Chattanooga Times Free Press, has worked at the paper for 27 years. In addition to editing, Mike also writes Business stories and covers Volkswagen, economic development and manufacturing in Chattanooga and the surrounding area. In the past he also has covered higher education. Mike, a native of Fort Lauderdale, Fla., received a bachelor’s degree in communications from Florida Atlantic University. he worked at the Rome News-Tribune before ...