CBL Properties Sells The Promenade For $83.1M In All-Cash Deal

Benzinga Newsdesk 1 year ago

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Attractive all-cash transaction validates significant value of CBL's open-air portfolioCBL Properties (NYSE:CBL) today announced that it had closed on the sale of The Promenade, a 621,000-square-foot open-air center

Attractive all-cash transaction validates significant value of CBL's open-air portfolio

CBL Properties (NYSE:CBL) today announced that it had closed on the sale of The Promenade, a 621,000-square-foot open-air center located in D'Iberville, MS, for $83.1 million.

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