CBL Properties Celebrates Opening of New Medical Office Building at Friendly Center in Greensboro, North Carolina
30 July 2024 - 11:00PM
Business Wire
Today CBL Properties (NYSE:CBL) announced that Atrium Health
Wake Forest Baptist Medical Plaza has opened at Friendly Center in
Greensboro, North Carolina. The new center was developed in a joint
venture with Davis Moore Capital. Representatives from CBL and
Atrium Health Wake Forest Baptist marked this occasion last week
with a ribbon cutting and community celebration.
“We are thrilled to welcome Atrium Health Wake Forest Baptist to
the Friendly Center campus,” said Stephen Lebovitz, chief executive
officer, CBL Properties. “Friendly Center’s dominant position in
the market makes it an ideal location for a medical office
building. Atrium Health Wake Forest Baptist will draw significant
daily traffic and complements the existing offerings at the
property.”
The more than 20,000 square foot building sits on the site of
the former Romano’s Macaroni Grill located at 3120 Northline Ave.
Services include family medicine, imaging, and urgent care as well
as onsite health care providers, trained in pediatrics, to care for
children.
“Friendly Center has a long history as a favorite retail area in
Greensboro,” said Dr. David Zaas, president of Atrium Health Wake
Forest Baptist. “Our presence here will be a great convenience to
those who live and work in this part of Greensboro and will help us
better meet the area’s growing healthcare needs.”
Added Lebovitz, “Over the last several years, we’ve added nine
medical uses to our portfolio and have several others in the
pipeline. These additions illustrate our ongoing commitment to
diversifying our shopping centers to include a variety of uses to
meet the needs of the markets we serve.”
About Atrium Health Wake Forest Baptist
Atrium Health Wake Forest Baptist (www.wakehealth.edu) is a
preeminent academic health system based in Winston-Salem, North
Carolina and part of Advocate Health, the third-largest nonprofit
health system in the United States, which was created through the
combination of Atrium Health and Advocate Aurora Health. Atrium
Health Wake Forest Baptist’s two main components are an integrated
clinical system – anchored by Atrium Health Wake Forest Baptist
Medical Center, an 885-bed tertiary-care hospital in Winston-Salem
– that includes Atrium Health Levine Children’s Brenner Children’s
Hospital, five community hospitals, more than 300 primary and
specialty care locations and more than 2,700 physicians; and Wake
Forest University School of Medicine, the academic core of Advocate
Health and a recognized leader in experiential medical education
and groundbreaking research that includes Wake Forest Innovations,
a commercialization enterprise focused on advancing health care
through new medical technologies and biomedical discovery. Atrium
Health Wake Forest Baptist employs more than 22,000 teammates, part
of Advocate Health’s 155,000 teammates. Atrium Health Wake Forest
Baptist provided a record-setting $1.2 billion in community benefit
in 2023, which includes unreimbursed care, financial assistance,
education and research, and community health improvement. Follow us
on Facebook, Instagram and X.
About CBL Properties
Headquartered in Chattanooga, TN, CBL Properties owns and
manages a national portfolio of market-dominant properties located
in dynamic and growing communities. CBL’s owned and managed
portfolio is comprised of 94 properties totaling 58.5 million
square feet across 22 states, including 56 high-quality enclosed
malls, outlet centers and lifestyle retail centers as well as more
than 30 open-air centers and other assets. CBL seeks to
continuously strengthen its company and portfolio through active
management, aggressive leasing and profitable reinvestment in its
properties. For more information visit cblproperties.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240730847690/en/
Investor Contact: Katie Reinsmidt, Executive Vice President
& Chief Operating Officer, 423.490.8301,
Katie.Reinsmidt@cblproperties.com Media Contact: Stacey Keating,
Vice President– Corporate Communications, 423.490.8361,
Stacey.Keating@cblproperties.com
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