CBL Properties

About CBL Properties

CBL Properties is a real estate operator headquartered in Chattanooga, TN. CBL Properties operates in Atlanta, Georgia, Baltimore, Maryland and Beaumont-Port Arthur, Texas. Its investment focus is on Hospitality, Medical Office & Healthcare and Standalone Retail.

**CBL Properties** (legally CBL & Associates Properties, Inc.) is a Chattanooga, Tennessee-based real estate investment trust (REIT) founded in 1978 by Charles B. Lebovitz. Operating with 48 years of continuous firm history, the enterprise functions under executive leadership including Chief Executive Officer Stephen D. Lebovitz and Chairman Emeritus Charles B. Lebovitz. The company focuses its real estate strategy on regional enclosed shopping malls, outlet centers, lifestyle centers, open-air retail properties, and mixed-use redevelopments. Operating as a vertically integrated REIT, its business model encompasses site acquisition, retail leasing, anchor and big-box space adaptive redevelopments, capital allocation, and long-term asset management. The organization maintains a national geographical footprint concentrated across primary and secondary markets in the Southeastern and Midwestern United States, operating across more than 20 U.S. states. Across its operating portfolio, CBL Properties owns and manages between 88 and 94 properties representing approximately 54 million to 59.5 million square feet of commercial space—highlighted by regional retail destinations such as *CoolSprings Galleria* in Nashville, *Friendly Center* in Greensboro, and *Hamilton Place* in Chattanooga.

Principals at CBL Properties