<SUBMISSION>
<ACCESSION-NUMBER>0000910612-05-000100
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20050714
<ITEMS>2.03
<ITEMS>8.01
<ITEMS>9.01
<FILING-DATE>20050714
<DATE-OF-FILING-DATE-CHANGE>20050714
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CBL & ASSOCIATES PROPERTIES INC
<CIK>0000910612
<ASSIGNED-SIC>6798
<IRS-NUMBER>621545718
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
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<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-12494
<FILM-NUMBER>05954687
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>2030 HAMILTON PLACE BVLD, SUITE 500
<STREET2>CBL CENTER
<CITY>CHATTANOOGA
<STATE>TN
<ZIP>37421
<PHONE>4238550001
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2030 HAMILTON PLACE BVLD, SUITE 500
<STREET2>CBL CENTER
<CITY>CHATTANOOGA
<STATE>TN
<ZIP>37421
</MAIL-ADDRESS>
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<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.txt
<DESCRIPTION>ACADIANA FORM 8K
<TEXT>
                     SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                       SECURITIES AND EXCHANGE ACT OF 1934

        Date of report (Date of earliest event reported): July 14, 2005


                        CBL & ASSOCIATES PROPERTIES, INC.

             (Exact Name of Registrant as Specified in its Charter)

         Delaware                        1-12494                  62-154718
(State or Other Jurisdiction of   (Commission File Number)   (I.R.S. Employer
      Incorporation)                                         Identification No.)

           Suite 500, 2030 Hamilton Place Blvd, Chattanooga, TN 37421
           (Address of principal executive office, including zip code)

                                 (423) 855-0001
              (Registrant's telephone number, including area code)

                                       N/A
              (Former name, former address and former fiscal year,
                          if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[  ]   Written communications pursuant to Rule 425 under the Securities Act
       (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
       (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the
       Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the
       Exchange Act (17 CFR 240.13e-4(c))

<PAGE>


Item 2.03   Creation of a Direct Financial Obligation or an Obligation under an
            Off-Balance Sheet Arrangement of a Registrant

         On July 14, 2005, CBL & Associates Properties, Inc. (the "Company")
borrowed an additional $175.0 million under the $400 million unsecured credit
facility between the Company and a group of banks led by Wells Fargo Bank.

         This advance, which brought the Company's total outstanding
indebtedness under the facility to $176.0 million, was used to finance the cash
purchase price for the acquisition of The Mall of Acadiana, which is described
in Item 8.01 below.

         The facility, which matures on August 27, 2006, has three one-year
extension options at the Company's election and bears interest based on leverage
in the range of 100 to 145 basis points over LIBOR. The Company may prepay
advances under the credit facility at any time without premium or penalty, and
pays a facility fee on the unused portion of the commitment under the credit
facility and certain other fees. If at any time the total outstanding advances
exceed the total committed amount, the Company may be required to repay the
excess advances.

         So long as no event of default exists, the Company has the right to
request increases in the aggregate amount of the commitment provided that the
aggregate commitment shall not exceed $500 million. The credit facility
contains, among other restrictions, certain financial covenants including the
maintenance of certain financial coverage ratios and minimum net worth
requirements. The credit facility includes usual and customary events of default
for facilities of this nature (with applicable customary grace periods) and
provides that, upon the occurrence and continuation of an event of default,
payment of all amounts outstanding under the credit facility may be accelerated
and the lenders' commitments may be terminated.

         The credit facility agreement was filed as Exhibit 10.1 to our Current
Report on Form 8-K dated August 27, 2004.

Item 8.01   Other Events

         On July 14, 2005, the Company acquired The Mall of Acadiana in
Lafayette, LA, from Lafayette Associates for a total cash consideration of
$175.3 million, including estimated closing costs. Based on income in-place, the
initial cap rate on this transaction was 6.1%.

         The Company has also entered into an agreement to acquire 14.62 acres
located adjacent to the mall for approximately $3.2 million. The Company has
also entered into an option agreement to purchase an additional 14.32 acres for
approximately $3.2 million. The Company plans to use the land for the future
development of an associated center or lifestyle wing.

         The press release issued by the Company announcing this acquisition is
attached as Exhibit 99.1 to this Current Report on Form 8-K.




<PAGE>


Item 9.01   Financial Statements and Exhibits

(a)      Financial Statements of Businesses Acquired

     Not applicable

(b)      Pro Forma Financial Information

     Not applicable

(c)      Exhibits

99.1     Press Release - CBL & Associates Properties Acquires Super-Regional
         Mall In Lafayette, Louisiana



<PAGE>



                                                               SIGNATURE



     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.




                                    SIGNATURE



     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.



                                      CBL & ASSOCIATES PROPERTIES, INC.


                                                /s/ John N. Foy
                                    --------------------------------------
                                                 John N. Foy
                                                Vice Chairman,
                                     Chief Financial Officer and Treasurer
                                    (Authorized Officer of the Registrant,
                                        Principal Financial Officer and
                                          Principal Accounting Officer)




Date: July 14, 2005


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit991.txt
<DESCRIPTION>PRESS RELEASE EXHIBIT 99.1
<TEXT>
                                                                EXHIBIT 99.1

               [LETTERHEAD OF CBL & ASSOCIATES PROPERTIES, INC.]







Investor                                        Media
Contact: Katie Knight                           Contact:    Deborah Gibb
         Director of Investor Relations         Director of Corporate Relations
         (423) 490-8301                         (423) 490-8315


               CBL & ASSOCIATES PROPERTIES ACQUIRES SUPER-REGIONAL
                          MALL IN LAFAYETTE, LOUISIANA

          The Mall of Acadiana Marks CBL's First Property in Louisiana

CHATTANOOGA, Tenn. (July 14, 2005) - CBL & Associates Properties, Inc. (NYSE:
CBL) today announced the acquisition of The Mall of Acadiana in Lafayette, LA.
CBL acquired the property from Lafayette Associates. The Company has also
entered into an agreement to acquire 14.62 acres and an option agreement to
purchase an additional 14.32 acres both located adjacent to the mall. CBL plans
to use the land for the future development of an associated center or lifestyle
wing.

         "The Mall of Acadiana represents another excellent addition to our
existing mall portfolio and brings with it a great opportunity to create
long-term value through the future development of both the pre-approved
expansion area and the adjacent property. Additionally, the mall presents many
opportunities for near-term growth through the implementation of our aggressive
specialty-leasing program and through rental rate increases from lease-up and
rollover," stated Stephen Lebovitz, president of CBL & Associates Properties,
Inc. "We are excited to increase our geographical diversification with our first
property in Louisiana and will continue to further this effort through strategic
developments and acquisitions."

         The Mall of Acadiana is considered Southern Louisiana's Premier
shopping destination, offering shoppers more than 100 retail stores and
restaurants including Chico's, Ann Taylor, Talbot's, Coldwater Creek, Banana
Republic, Hollister, Nine West, and many more. Anchored by Dillard's, Foley's,
Sears and JCPenney, the 997,000-square-foot, single-level mall includes
approximately 311,000 square feet of in-line small shop space. Currently 96%
occupied, the mall produced sales per square foot of $360 in 2004. The property
is located on approximately 73.0 acres and is situated at the intersection of US
167 and Ambassador Caffrey Parkway, approximately five miles south of Interstate
10. Originally built in 1979, the mall was renovated in 1993 and 2004.

         CBL & Associates Properties, Inc. is the fourth largest mall REIT in
North America and the largest owner of malls and shopping centers in the
Southeast ranked by GLA. Including The Mall of Acadiana, CBL owns, holds
interests in or manages 173 properties, including 72 enclosed regional malls.
The properties are located in 30 states and total 75.7 million square feet
including 2.0 million square feet of non-owned shopping centers managed for
third parties. CBL currently has seven projects under construction totaling
approximately 1.5 million square feet. The projects include two open-air
shopping centers located in Ft. Myers, FL, and Memphis (Southaven, MS), TN,


                                     -MORE-
<PAGE>

CBL Acquires Super-Regional Mall in Lafayette, Louisiana
Page 2
July 14, 2005

three community centers and two expansions. In addition to its office in
Chattanooga, TN, CBL has a regional office in Boston (Waltham), MA. Additional
information can be found at cblproperties.com.

       Information included herein contains "forward-looking statements" within
the meaning of the federal securities laws. Such statements are inherently
subject to risks and uncertainties, many of which cannot be predicted with
accuracy and some of which might not even be anticipated. Future events and
actual events, financial and otherwise, may differ materially from the events
and results discussed in the forward-looking statements. The reader is directed
to the Company's various filings with the Securities and Exchange Commission,
including without limitation the Company's Annual Report on Form 10-K and the
"Management's Discussion and Analysis of Financial Condition and Results of
Operations" incorporated by reference therein, for a discussion of such risks
and uncertainties.


                                      -END-



</TEXT>
</DOCUMENT>
</SUBMISSION>
