CBL & Associates Properties, Inc. Overview
Pro stress-test →CBL Properties is a real estate investment trust (REIT) traded on the NYSE that manages a portfolio of market-dominant malls and open-air centers to generate lasting value for shareholders. The company's portfolio comprises 88 properties totaling 55.4 million square feet across 20 states, including 52 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers.
Strategic Profile
Pro stress-test →CBL is redefining what the mall means to communities by combining retail, dining, entertainment, and other mixed uses. The company has recently strengthened its balance sheet through improved financing activity that lengthens its maturity schedule and locks in attractive rates in an improving retail real estate financing market.
Competitive Landscape
Pro stress-test →CBL competes against peers like Kite Realty Group Trust, Highwoods Properties, and Veris Residential in the retail REIT space. The company differentiates through concentrated presence in shopping centers primarily in the Southeastern and Midwestern United States, where it has market-dominant positioning and local operational expertise.
Industry Context
CBL & Associates Properties, Inc. operates in Real Estate Investment Trusts (REITs) - Retail Shopping Centers.
Key facts
Founded: 1993 · Headquarters: Chattanooga, TN · Revenue: $554M · Market cap: $922M