CN

CBL& Associates Properties New

CBL
NYSEReal Estate
$48.14
USD
+0.33(+0.69%)
At close: Jun 16, 20:00 UTC

Open

$47.85

Prev. Close

$47.85

High

$48.14

Low

$47.85

Market Snapshot

Market Cap

$1.49B

P/E Ratio

8.7

Employees

408

Why CBL moved

CBL & Associates Properties secured new tenants like The Cheesecake Factory, indicating a positive trend in tenant diversification and enhanced retail attractiveness for the company.

About

CBL & Associates Properties, Inc. is a real estate investment trust, which engages in the ownership and operations of assets. The company is headquartered in Chattanooga, Tennessee and currently employs 408 full-time employees. The firm is engaged in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. The firm's segments include Malls, Lifestyle centers, Outlet centers, Open-air centers, and All Other. The firm owns and manages a portfolio comprised of over 88 properties totaling 55.6 million square feet across 23 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 25 open-air centers and other assets. The firm's portfolio includes The Courtyard at Hickory Hollow, Ashland Town Center, Mesa Mall, Paddock Mall, Southgate Mall, Parkdale Mall, Parkdale Crossing, Eastland Mall, Kirkwood Mall, Harford Mall Annex, Alamance Crossing West, Sunrise Mall, Sunrise Commons, Gateway Mall, among others.

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