UNITED STATES
                       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):  August 10, 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))





Item 8.01   Other Events

         On August 10, 2005, CBL & Associates Properties, Inc. (the "Company")
announced that it has closed the previously announced transactions involving the
sale of its 8.4% equity interest in and management and advisory contracts with
Galileo America, LLC ("Galileo"), a joint venture between the Company and
Galileo America Inc. The Company's management and advisory contracts with
Galileo have been purchased by New Plan Excel Realty Trust, Inc., a shopping
center REIT. Galileo has purchased the Company's equity interest in the joint
venture.

         The Company's press release announcing the closings of these
transactions is attached as Exhibit 99.1.

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 Closes Sale Of
              Joint Venture Interest And Management And Advisory Contracts
              With Galileo America









                                    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/ Farzana K. Mitchell
                                    --------------------------------------
                                                 Farzana K. Mitchell
                                                Senior Vice President - Finance




Date: August 10, 2005