Employment Verification for CBL & Associates Properties.

About CBL & Associates Properties

CBL & Associates Properties, Inc. is a publicly traded real estate investment trust (REIT) that specializes in owning and managing malls and shopping centers. The company was founded in 1978 and is headquartered in Chattanooga, Tennessee. CBL currently owns or manages 108 properties across 26 states, totaling approximately 68.2 million square feet of gross leasable area. CBL’s portfolio consists primarily of enclosed malls, open-air centers, and outlet centers. Some of the company’s flagship properties include Brookfield Square in Wisconsin, Hamilton Place in Tennessee, and Coastal Grand in South Carolina. CBL also has a joint venture with Horizon Group Properties to own and manage outlet centers in the United States. CBL’s primary source of revenue is derived from leasing space to tenants such as department stores, specialty retailers, and restaurants. The company also generates income from parking fees, advertising, and other ancillary services. Over the years, CBL has faced challenges due to changing consumer preferences and the rise of e-commerce, which has led to declining foot traffic at malls. The company has implemented various strategies to adapt, such as redeveloping its properties to include more entertainment, dining, and experiential options for customers. As of 2021, CBL had a market capitalization of approximately $76 million and employed approximately 500 people. The company is listed on the New York Stock Exchange under the ticker symbol CBL.

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