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CBL & Associates Properties Inc.

Some malls have been decimated by increasing retail sales online, but Park Plaza in Little Rock boasts more than a  90 percent occupancy rate, with an H&M store scheduled to move in by the end of the year.
Banking & Finance / Government & Politics / Legal

Park Plaza Challenges Pulaski County AppraisalLock Icon

The owner of Park Plaza Mall is again challenging the Pulaski County Board of Equalization’s $63.6 million appraised value of the three-story mall. read more >
Park Plaza, at Markham Street and University Avenue in Little Rock, is caught up in the brick-and-mortar sales decline that was evident before the COVID-19 pandemic but has been worsened by it. Park Plaza, like a growing number of malls today, appears to be headed for foreclosure.
Banking & Finance / Restaurants & Food / Retail

Park Plaza Owner Files Chapter 11 Bankruptcy

Park Plaza Mall owner CBL & Associates Properties Inc. of Chattanooga, Tennessee, files Chapter 11 bankruptcy, seeking to restructure its debt and survive amid rising e-commerce and declining in-store traffic. read more >