The CBL Third Party Services Advantage

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Transcript of The CBL Third Party Services Advantage

Page 1: The CBL Third Party Services Advantage

The CBL Third Party Services Advantage When it comes to leasing and managing a third party asset, CBL’s approach is meaningfully different from that of its competitors. For starters, and most importantly, CBL approaches each and every property owned by others as if it were part of our own portfolio. The bench strength, relationships, and critical decision making that you would expect from one of the nation’s largest and most respected shopping center developers is now being made available for those in need of outsourcing some or all of the retail real estate disciplines required to effectively operate a shopping center.

Since the founding of our company in 1978, there is likely precious little we haven’t encountered or successfully overcome. Shopping centers are what we know. It’s what we do. We pride ourselves in taking ownership in every aspect of the business; professionally managing it in-house, a major differentiator from others who also do this type of work.

Once CBL assumes responsibility for your asset, it will be quickly and seamlessly transitioned. Soon, it will be leased, managed, marketed, and developed as if it were one of our own. Not only will your shopping center be listed on our corporate webpage, routinely presented at industry functions and our own Connection event, but your property will have the watchful eye and years of experience from seasoned veterans to guide you in making decisions designed to increase asset value and drive market share.

Just as you will be selective in choosing the right partner, so will CBL. We intend to develop our third party business one property at a time by partnering with owners that are resourceful, capable, and committed to empowering the expertise of CBL to create success stories.

I would appreciate having the opportunity to meet with you face-to-face to tell you why our passion for retail real estate excellence runs deep and how it will benefit your portfolio. Simply call me directly at (423) 490-8333 to schedule a time for us to meet.

Regards,

Robert Snetman Vice President – Asset Management and Third Party Services