CBL Properties Sells Mall in Metro Salt Lake City for $37.1 Million

by Hayden Spiess

Layton, Utah — CBL Properties has sold Layton Hills Mall, a mall located in the Salt Lake City suburb of Layton, for $37.1 million. Second Horizon Capital acquired the property in an all-cash transaction. Net proceeds from the sale were applied to a term loan principal balance, for which the mall served as collateral. 

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