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CBL vs STAG

CBL & Associates Properties, Inc. and STAG INDUSTRIAL, INC.

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CBL & Associates Properties, Inc.

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 89 properties totaling 55.4 million square feet across 22 states, including 55 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.

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STAG INDUSTRIAL, INC.

STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, development, ownership, and operation of industrial properties throughout the United States. As of March 31, 2025, the Company's portfolio consists of 597 buildings in 41 states with approximately 117.6 million rentable square feet.

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