REAL ESTATE

CBL appoints new board of directors member

BY Michael Fickes

New YorkCBL & Associates Properties has announced the appointment of A. Larry Chapman to its board of directors.

Chapman is a retired 37-year veteran of Wells Fargo. He most recently served as group head of the bank’s commercial real estate lending business, responsible for the group’s 75 nationally located real estate loan production offices and 1,500 full time employees.

He was elected to the board of directors of Realty Income, a triple net lease REIT, in February 2012 and serves on their Audit and Compensation committees.

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REAL ESTATE

Westroads Mall begins mall-wide renovation

BY Michael Fickes

Omaha, Neb. — Westroads Mall has begun work on a major, two-phase renovation and remodeling of the three-level, enclosed, 1.2-million-sq.-ft. super-regional shopping center in Omaha, Neb.

Phase I is underway with mall-wide painting plus interior and exterior LED lighting installation. Phase I will also upgrade the malls energy management system. Plans call for Phase I to finish before the holiday season.

Phase II will begin work in early 2014 and focus on replacing the mall’s flooring and enhancing shopper amenities. The work will include new tile flooring throughout all three levels, lighting enhancements and upgrades and several soft seating areas.

The Food Court will undergo a major renovation, too.

The restrooms will be expanded and renovated. In the center court, plans call for new energy efficient escalators and a fresh new aesthetic for the elevator.

Both entrances on the south side will receive a new look with new finishes and equipment.

Additional work will replace the trash receptacles and add new planters, interior signage, updated benches and WiFi.

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Forest City Ratner selects Boingo Wireless for Wi-Fi deployment

BY Dan Berthiaume

LOS ANGELES — Boingo Wireless announced a new agreement with Forest City Ratner Cos. to provide free-to-shopper wi-fi at the company’s high-traffic shopping center the Atlantic Terminal Mall, in Brooklyn, N.Y., that serves more than 40 million shoppers and commuters annually.

Boingo will manage and operate a centralized wi-fi network that provides consumers fast, reliable wi-fi on their smartphones, tablets and laptops as they shop, relax or get ready for their commute from Atlantic Terminal, one of New York City’s busiest mass transit hubs. Boingo wi-fi will be offered as a customer amenity, and will be available in fall 2013.

“Boingo has extensive experience in operating high-quality wi-fi services at leading shopping destinations nationwide, and carrier-grade networks in high-density locations like some of the world’s busiest airports. Boingo is an ideal fit for the Atlantic Terminal Mall, which includes not only some of the region’s best performing retailers, but which also sits at Brooklyn’s key hub for subway, Long Island Rail Road (LIRR) and bus service,” said Kathryn Welch, EVP of retail for FCRC.

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