CBL Properties
Park Plaza Mall Has New Owner In Waiting
The buyer's credo: Repurposing challenged real estate into revitalized community hubs. read more >
Deutsche Bank Gains Control of Park Plaza Property at Auction
Deutsche Bank Trust Co. Americas gains control of the Park Plaza mall property in Little Rock after an auction Thursday at the Pulaski County Courthouse. read more >
Park Plaza Mall’s Future A Hot Topic (Lance Turner Editor’s Note)
It took a little more than 60 years for Arkansas’ premier shopping center to go from top shelf to the discount bin. read more >
by Lance Turner -
Lenders Foreclose on Little Rock’s Park Plaza Mall
Lenders file a foreclosure lawsuit against Park Plaza Mall of Little Rock, asking the court to appoint a receiver after mall owners missed their payment on a loan with a $74.5 million balance. read more >
by Lance Turner -
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 >
Can Malls Shake Off the Cobwebs?
A Jonesboro real estate broker is among those who sees a potential for malls transforming after the pandemic, with a silver lining possibly being local stores taking over chain space. read more >
by Kyle Massey -
Park Plaza at Risk in Mall Foreclosure Era
Even before the coronavirus upended the world, malls were struggling to attract customers. Now the situation is worse. read more >
by Mark Friedman -