CBL Properties
CBL Properties (previously CBL & Associates, Inc., then CBL & Associates Properties, Inc.) is an American real estate investment trust that invests in shopping centers and owns shopping malls, primarily in the Southeastern and Midwestern United States. The company is organized in Delaware with its headquarters in Chattanooga, Tennessee. The company's largest tenants are L Brands (4.25% of revenue), Signet Jewelers (2.87% of revenue), and Foot Locker (2.78% of revenue).
| Company type | Public |
|---|---|
Traded as | NYSE: CBL |
| Industry | Real estate investment trust |
| Founded | 1978 |
| Founder | Charles B. Lebovitz |
| Headquarters | Chattanooga, Tennessee, U.S. |
Key people | Charles B. Lebovitz, Chairman Stephen D. Lebovitz, CEO Michael Lebovitz, President Farzana Khaleel, CFO |
| Products | Shopping centers |
| Revenue | US$768 million (2019) |
Net income | US$-131 million (2019) |
| Total assets | US$4.622 billion (2019) |
| Total equity | US$861 million (2019) |
Number of employees | 594 (2019) |
| Website | cblproperties |
| Footnotes / references | |
The company's name is based on the initials of its founder, Charles B. Lebovitz.
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