CBL & Associates Properties, Inc.

News and overview for CBL & Associates Properties, Inc.

CBL & Associates Properties Reports Third Quarter Results [Press Release]
Business Wire | 20 days 11 hours 12 minutes ago
CBL & Associates Properties, Inc. (NYSE:CBL):


CBL & Associates Helps Santa Feed America, Asks Shoppers to Give Gift of Food [Press Release]
Business Wire | 25 days 16 hours 12 minutes ago
CBL & Associates Properties, Inc. (NYSE: CBL) is teaming up with WHY (World Hunger Year) for Santa Feeds AmericaSM, a cause marketing campaign designed to provide meals to families in need and stock empty cupboards across the nation this holiday season. The initiative is the only nationwide canned food drive ever conducted by a shopping center developer. More than 80 CBL properties across the country will collect canned food and non-perishable items during November and December for distributi...


Nordstrom Rack to Open First Store in North Carolina [Press Release]
PRNewswire | 9 hours 12 minutes ago
...owned and managed by CBL & Associates Properties, Inc. . "We are excited...president - leasing for CBL & Associates Properties, Inc. "Nordstrom Rack is...the symbol JWN. CBL & Associates Properties, Inc. is one of the largest...


CBL seeks capital via joint ventures
Chattanooga Times Free Press (Tenn.) | 19 days 2 hours 48 minutes ago
CBL & Associates Properties Inc. officials said Wednesday they're seeing interest from equity funds, foreign investors and others seeking to joint venture with the company.


CBL Closes Extension and Modification of Full $560 Million Revolving Credit Facility [Press Release]
Business Wire | 21 days 11 hours 12 minutes ago
CBL & Associates Properties, Inc. (NYSE: CBL) today announced that it closed the extension and modification of its $560 million credit facility, maintaining 100% lending capacity. The facility was scheduled to mature in August 2011 (assuming exercise of the remaining extension option) and has been extended to April 2014. The extended facility is currently partially secured and will be converted to a fully secured facility over the new term. The conversion includes drawing available amounts un...


CBL Announces Settlers Ridge in Pittsburgh (Robinson Township), PA Opens 94% Leased and Committed [Press Release]
Business Wire | 24 days 19 hours 12 minutes ago
CBL & Associates Properties, Inc. (NYSE: CBL) today announced the official Grand Opening of Settlers Ridge, a new 600,000-square-foot regional open-air center in metropolitan Pittsburgh (Robinson Township), PA. CBL executives, along with the area’s elected officials, were in attendance at the official ceremony to celebrate the opening of the area’s newest and most unique shopping, dining and entertainment destination. Settlers Ridge opened more than 94% leased and committed.


CBL earnings jump in third quarter
Chattanooga Times Free Press (Tenn.) | 20 days 1 hour 45 minutes ago
CBL DEVELOPMENTS Two recent new developments in Mississippi and Pennsylvania opened in October to leased and committed levels in the mid-90 percent range, according to CBL.


CBL & Associates Properties Sets Third Quarter Earnings Release and Conference Call Dates [Press Release]
PRNewswire | 61 days 16 hours 9 minutes ago
...PRNewswire-FirstCall/ -- CBL & Associates Properties, Inc. announced details for the...September 30, 2009. CBL plans to issue its earnings...Communications andInvestor Relations, CBL & Associates Properties, Inc., +1-423-490-8301...


Durham, CBL land North Carolina ??s first Nordstrom Rack
American City Business Journals | 13 hours 41 minutes ago
Nordstrom Inc. will locate its first North Carolina Nordstrom Rack store at the Renaissance Center in Durham, the Seattle-based retail giant announced Monday.


UPDATE 1-CBL posts Q3 FFO above Street view
Reuters | 20 days 8 hours 59 minutes ago
Nov 3 (Reuters) - Real estate investment trust CBL & Associates Properties Inc (CBL.N) posted quarterly funds from operations that topped analyst estimates, helped by lower operating costs.


Settlers Ridge open for business
American City Business Journals | 23 days 23 hours 54 minutes ago
Chattanooga, Tenn.-based CBL & Associates Properties Inc.


Academy opening 2 stores
Chattanooga Times Free Press (Tenn.) | 9 days 2 hours 53 minutes ago
Texas-based Academy Sports + Outdoors is opening two stores in the Chattanooga area as the business grows in the Southeast.


Settlers Ridge 'lifestyle center' takes shape in Robinson
Pittsburgh Post-Gazette | 32 days 20 hours 46 minutes ago
Michael Lebovitz concedes he's had more than a few anxious moments over the past year or so.


Developers Form Repositioning Partnership
GlobeSt.com | 39 days 22 hours 2 minutes ago
MidCity was formed through a merger of Forum Development Group and the Griffin Co., with Forum co-founder Ron Pfohl and Griffin president Kirk Demetrops serving as principals of the new firm. Griffin closed in June, four months after the death of founder and owner Joel Griffin, after more than 30 years in business.





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Company Overview


Company: CBL & Associates Properties, Inc.
Industry: Retail REITs
Website: http://www.cblproperties.com

CBL & Associates Properties is a self-managed real estate investment trust (REIT) that owns, develops, manages, and finances shopping malls and other retail properties, primarily in the Southeast and Midwest. It wholly owns or has interests in about 160 properties, more than half of which are regional malls and open-air shopping centers. Strip malls (typically anchored by grocery or discount stores), associated centers (retail properties located adjacent to enclosed malls, usually anchored by big-box stores), office buildings, and mortgage loans round out the firm's portfolio. Its largest tenants include The Limited, The Gap, Foot Locker, and Abercrombie & Fitch. St. Louis is CBL's largest market.


Key Numbers

Sales in U.S. Dollars (mil.) 1,138.2 (2008)
One-year % Growth in Sales 9.4 (2008)
Net Income in U.S. Dollars (mil.) 31.6 (2008)
One-year % Growth in Net Income -64.6 (2008)
Number of Employees 1,376 (2008)
One-year % Growth in Number of Employees 0.0 (2008)
Fiscal Year-End December