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CBL Properties Sells Shopping Center in Southeast Georgia for $21.5 Million

Statesboro, Ga. — CBL Properties has sold Statesboro Crossing, a 155,185-square-foot retail center in the southeastern Georgia city of Statesboro, for $21.5 million.

…

  • August 28, 2018
  • Published in Georgia, Investment sales, News

CBL Properties Sells Janesville Mall in Wisconsin for $18 Million

Janesville, Wis. — CBL Properties has sold Janesville Mall in Janesville to RockStep Capital for $18 million.

…

  • July 31, 2018
  • Published in Investment sales, News, Wisconsin

CBL Properties to Develop 100,000-Square-Foot Casino, Entertainment Complex at Westmoreland Mall in Pennsylvania

Hempfield Township, Penn. — CBL Properties, in partnership with Stadium Casino LLC, has unveiled plans to develop a 100,000-square-foot casino and entertainment complex at CBL’s Westmoreland Mall in Hempfield Township.

…

  • July 26, 2018
  • Published in Development, News, Pennsylvania

CBL, JV Partners Receive $155 Million CMBS Loan to Refinance CoolSprings Galleria Mall in Metro Nashville

Franklin, Tenn. — CBL Properties, along with its 50/50 joint venture partners TIAA and APG, has received a $155 million, non-recourse loan for CoolSprings Galleria, a 1.1 million-square-foot mall in Franklin, roughly 20 miles south of Nashville.

…

  • May 3, 2018
  • Published in Finance, News, Tennessee

CBL Properties Unveils Redevelopment Plans for Former Sears Building in Milwaukee

Milwaukee — CBL Properties has unveiled plans for the redevelopment of the former Sears building at Brookfield Square in Milwaukee.

…

  • April 4, 2018
  • Published in Development, News

CBL Properties Signs New Restaurants to Mall Redevelopment Projects in Florida, Tennessee

Daytona Beach Fla., and Chattanooga, Tenn. — CBL Properties has signed leases with five new restaurants at shopping malls in Daytona Beach and Chattanooga.

…

  • February 19, 2018
  • Published in Development, Florida, News, Restaurants, Tennessee

CBL Properties Announces Executive Appointments, Promotions

Chattanooga, Tenn. — Chattanooga-based CBL Properties has promoted Mike Harrison to executive vice president of operations and Alan Lebovitz to executive vice president of management.

…

  • February 14, 2018
  • Published in Company news, News, Tennessee

CBL Properties Unveils Tenant Lineup for Mall Redevelopment in Illinois

Bloomington, Ill. — CBL Properties has signed three new tenants to Eastland Mall in Bloomington.

…

  • January 5, 2018
  • Published in Illinois, News

Industry Content

Legacy Brokers $16.2 Million Sale of Shopping Center in Metro Charlotte

Indian Trail, N.C. — Legacy Realty Group Advisors has arranged the sale of Union Town Center, a 102,360-square-foot shopping center located in Indian Trail, roughly 15 miles southeast of Charlotte.…

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NRF: Holiday Retail Sales Rose 5.3 Percent to $936.3 Billion in 2022

 Washington, D.C. — The National Retail Federation (NRF) has reported that retail sales during 2022’s November-December holiday season rose 5.3 percent year-over-year, reaching $936.3 billion. Though the number fell short…

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Key Variable Moving Forward in Today’s Market? Motivation from Both Sides

Motivation is one of the prime drivers in any market cycle. Some markets are affected by interest rates and others by inflation. One way or another, however, a retail investment…

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Today’s Pricing Strategy is a Mix of Art, Science

There will always be a tug-of-war between retail buyers and sellers — or, really, buyers and sellers of any kind. Both parties want to achieve the best price, but that…

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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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