-

CBL Properties to Close Its Properties on Thanksgiving Day for the Fifth Consecutive Year

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that its portfolio of market-dominant regional shopping centers will remain closed on Thanksgiving Day for the fifth consecutive year.

“We are proud to continue our tradition of closing our centers on Thanksgiving,” said Stephen Lebovitz, chief executive officer. “Given the challenges of 2020, it’s more important to us than ever to ensure our employees and customers have the opportunity to enjoy the Thanksgiving holiday with family and friends. We look forward to welcoming customers back to our properties on Black Friday and throughout the rest of the holiday weekend.”

Lebovitz added, “As we prepare for the upcoming holiday season, the health and safety of our customers and employees remains a top priority. We will continue to take proper action to ensure that employees and visitors to CBL properties feel comfortable and safe.”

Department stores, restaurants, and retailers with exterior mall entrances will have the option to open on Thanksgiving Day. However, access to mall common areas will be restricted until the mall opens on Friday. View the list of CBL properties that will remain closed on Thanksgiving.

Hours for the holiday season will be announced as plans are finalized.

About CBL Properties

Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 108 properties totaling 68.2 million square feet across 26 states, including 68 high‑quality enclosed, outlet and open-air retail centers and nine properties managed for third parties. CBL continuously seeks to strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

Contacts

Investor Contact: Katie Reinsmidt, EVP & Chief Investment Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com
Media Contact: Stacey Keating, Sr. Director of Public Relations & Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com

CBL Properties

NYSE:CBL

Release Versions
$Cashtags

Contacts

Investor Contact: Katie Reinsmidt, EVP & Chief Investment Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com
Media Contact: Stacey Keating, Sr. Director of Public Relations & Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com

More News From CBL Properties

CBL Properties Announces New $97.5 Million Loan Secured by Fayette Mall in Lexington, KY

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) announced today that it has completed the refinancing of Fayette Mall, a dominant super-regional enclosed mall located in Lexington, Kentucky. The financing replaces the existing $98.6 million loan with a new $97.5 million, five‑year non-recourse CMBS loan with a fixed interest rate of approximately 7.25%. The new loan’s more favorable amortization structure results in approximately $5.0 million in additional cash flow to CBL. “This...

CBL Properties Announces New $43.0 Million Non-Recourse Loan Secured by Northwoods Mall in N. Charleston, SC

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it had closed on a $43.0 million non-recourse loan secured by Northwoods Mall in N. Charleston, SC. The new five-year loan bears a fixed interest rate of 9.1%. Proceeds from the loan, as well as approximately $7.5 million of existing escrows, were used to retire the existing $46.8 million loan secured by the property, which was scheduled to mature this month. Under the prior loan, cash flows have been swept by t...

CBL Properties Declares Q1 2026 Special Dividend; Annualized Regular Dividend Increases 39% to $2.50 Per Share

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that its Board of Directors has approved a special cash dividend of $0.175 per common share for the first quarter of 2026. The special dividend is in addition to the previously declared $0.45 per share dividend announced on February 11, 2026, resulting in a total first‑quarter dividend of $0.625 per share, a 39% increase. The special dividend will be paid on April 17, 2026, to shareholders of record as of April 10,...
Back to Newsroom