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CADILLAC, MI-CB Richard Ellis has been appointed the management and leasing agent for the 182,000-sf Cadillac Mall, located on US 131 in Cadillac in northwest Lower Michigan.

In April 2003, the regional mall lost its anchor tenant when Kmart departed, part of Kmart’s bankruptcy restructuring. Kmart’s departure left a gaping 114,000-sf vacancy and approximately 8,000 sf of additional retail space for lease.

CBRE said it’s Mid- and West Michigan retail and management teams will be working collectively to provide recommendations to property’s owner, Union Bank N.A. “We have already begun a comprehensive market analysis to secure a national tenant.” said Shawn H. O’Brien, CBRE VP and senior retail advisor.

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