Chattanooga, Tenn. CBL & Associates Properties has appointed Kathleen Nelson to its board of directors. Nelson will fill the seat vacated by Martin Cleary who retires from the board this month.
Nelson has spent more than three decades with TIAA-CREF, most recently as managing director/group leader and chief administrative officer for its mortgage and real estate division. After her retirement in 2004 from TIAA, she founded KMN Associates, a commercial real estate investment advisory and consulting firm.
CBL owns, holds interests in or manages 159 properties, including 88 regional malls/open-air centers. The properties are located in 27 states and total 86.0 million sq. ft., including 2.2 million sq. ft. of non-owned shopping centers managed for third parties.