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CBL & Associates Properties, Inc. is a self-managed, fully integrated real estate investment trust (REIT) specializing in owning, developing, leasing, managing, and operating regional shopping malls, outlet centers, lifestyle centers, and open-air retail properties primarily in the southeastern and midwestern United States. Its business model generates rental income from retail tenants through fixed and percentage rents, operating expense reimbursements, and ancillary fees, focusing on portfolio optimization, redevelopment, and asset recycling to maximize long-term value.
This description was generated via AI from an annual report. Updated about 1 year ago.