CBL & Associates Properties, Inc. is a real estate investment trust (REIT) listed on the New York Stock Exchange under the symbol, “CBL”. CBL is the fourth largest mall REIT in the country and owns, holds interests in or manages 130 properties including 79 market dominant enclosed malls and open-air centers from coast to coast. CBL is an active developer of new regional malls, open-air centers, lifestyle and community centers. The company’s growth strategy also comes from the acquisition of regional malls. Since going public in 1993, CBL has generated tremendous growth as a company measured both by portfolio size and increases in cash flows and dividends. The company looks forward to continuing success through expansions, renovations and aggressive leasing at its properties. In addition to its ongoing development and acquisition business, CBL also seeks opportunities to increase income through sponsorship, branding and other initiatives.
In 2006, its total revenue was USD$973 million, with a current market capitalization of USD$3,184 million.