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Locally Owned Businesses Fill CBL’s Properties With Unique Experiences and Offerings for the Holiday Season

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CBL Properties (NYSE: CBL) has launched over 800 holiday deals, focusing on unique experiences and gifts with local businesses across its properties. Seasonal tenants include immersive pop-up bars and artisan shops, enhancing the festive atmosphere in malls like Dakota Square and Fayette Mall. Notable openings feature Miracle on 10th in Minot and Southern Candle Studio in Myrtle Beach. CEO Stephen Lebovitz emphasized the importance of these partnerships, which foster community engagement and innovation during the holiday season.

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  • Executed over 800 holiday deals with local businesses, boosting community engagement.
  • Opened unique seasonal tenants enhancing the visitor experience during the holiday season.
  • Strong relationships with community partners for charitable programs like the Angel Tree.
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CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced that a wide range of retailers, restaurants, and other uses that offer visitors unique, one-of-a-kind experiences and gifts have opened in properties across its portfolio, and are available for only a short time during the holiday season.

“Seasonal tenants have always been an important part of our business, but in recent years, we’ve seen so much innovation, entrepreneurship, and creativity come from our local business partners,” said Stephen Lebovitz, chief executive officer, CBL Properties. “In 2022, we have executed more than 800 holiday deals, primarily with small business owners, ranging from traditional candy and ornament operators to holiday pop-up experiences.”

At Dakota Square Mall in Minot, North Dakota, an immersive holiday-themed pop-up bar, Miracle on 10th opened on November 11 and runs through year-end. Miracle on 10th is run by the owners of Minot favorites Dad’s, Saul’s, and Fun On A Bun in collaboration with Off Menu Hospitality.

In Lexington, Kentucky at Fayette Mall, Clayton & Crume opened on December 2, offering unique gifts and leather goods including hand-crafted belts, flasks, glasses, coasters, office accessories, dog collars and more. Founded by two college friends, Clay Simpson and Tyler Jury, Clayton & Crume has popped up at Fayette Mall each holiday season since 2018 and has one permanent location in Louisville, Kentucky.

At Coastal Grand in Myrtle Beach, South Carolina, Southern Candle Studio opened on Black Friday. Founded in 2017, Southern Candle Studio is family owned and operated out of a studio based in Myrtle Beach and offers handcrafted candles using a blend of soy wax, essential oils, and phthalate-free perfume oils, inspired by nature and travel.

In Nashville, Tennessee at CoolSprings Galleria, #LightTheWorld Giving Machines offer customers an opportunity to embrace the joy of giving through the purchase and donation of items ranging from clothing, food and hygiene supplies for refugees to therapy equipment for people facing illnesses and visual impairment.

Added Lebovitz, “The holiday season is a magical time of year at our malls, and these unique tenants coupled with the sights and sounds of the holiday season add to the festive atmosphere and sense of community.”

In addition to the more than 800 seasonal tenants, CBL’s properties have long-standing relationships with community partners to offer visitors an opportunity to give back each holiday season through programs like the Angel Tree and holiday gift wrap.

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 owned and managed portfolio is comprised of 94 properties totaling 58.5 million square feet across 22 states, including 56 high-quality enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets. CBL seeks to continuously strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

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Investor Contact: Katie Reinsmidt, Executive Vice President & Chief Investment Officer, 423.490.8301, Katie.Reinsmidt@cblproperties.com

Media Contact: Stacey Keating, Vice President – Corporate Communications, 423.490.8361, Stacey.Keating@cblproperties.com

Source: CBL Properties

FAQ

What recent holiday initiatives has CBL Properties (CBL) launched?

CBL Properties has executed over 800 holiday deals with local businesses, including pop-up shops and unique gift experiences across its malls.

Are there any notable seasonal tenants at CBL Properties locations?

Yes, notable seasonal tenants include Miracle on 10th, a holiday pop-up bar in Minot, and Southern Candle Studio opened in Myrtle Beach.

How does CBL Properties (CBL) support local businesses during the holiday season?

CBL Properties supports local businesses by executing numerous holiday deals that allow them to set up seasonal shops in their properties.

What is the significance of the holiday season for CBL Properties (CBL)?

The holiday season is significant for CBL Properties as it enhances the festive atmosphere in their malls and drives community engagement through unique experiences.

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