CBL Properties Announces Sale of Monroeville Mall for $34.0 Million
CBL Properties (NYSE:CBL) today announced that it had closed on the sale of Monroeville Mall and Annex in Monroeville, PA, for $34.0 million, all cash.
Monroeville Mall sold for $34 million; buyer not disclosed but store employees, shoppers hopeful
The Monroeville Mall and its annex have been sold for $34 million in cash, the mall owner said Friday. CBL Properties of Chattanooga. Tenn., said the sale to an undisclosed buyer will allow CBL Properties to focus its efforts on properties with a higher productivity than Monroeville.
Long-time owner sells Monroeville Mall at a huge discount
MONROEVILLE, Pa. — Western Pennsylvania’s biggest mall has been sold and at a steep discount. In an announcement on Feb. 1, Chattanooga, Tennessee-based CBL Properties revealed that it has sold the Monroeville Mall for $34 million in an all-cash deal. The sale included both the main mall building and its annex.
Walmart is new owner of Monroeville Mall; interested in presence at redeveloped site
Retail giant Walmart bought Monroeville Mall, a spokesman confirmed Tuesday. But no specific plans for the 186-acre site have been released, said Mark Rickel, director of corporate communications for Walmart.
Owners of Monroeville Mall announce sale
CBL Properties announced on Friday night that they have sold the Monroeville Mall for more than $30 million. U.S. figure skater Spencer Lane, 16, shared a photo from inside American Eagle Flight 5342 before it took off from Wichita,
CBL & Associates Properties: Our 'Long-Term Commercial Property Recovery' Theme
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Texas-based Cypress Equities announces plans to redevelop Monroeville Mall for unnamed buyer
Dallas-based Cypress Equities has announced it will spearhead the redevelopment of Monroeville Mall on behalf of a ...
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Texas real estate firm takes lead in 'major redevelopment' of Monroeville Mall
A Texas-based real estate firm says the 186-acre Monroeville Mall property is well suited for a major redevelopment and that all options are on the table. "I think we're all aware that the current use ...
Alluvial Capital Fund Considers CBL & Associates Properties (CBL) as an Expression of its “Long-Term Commercial Property Recovery” Theme
Alluvial Capital Management, an investment advisory firm, released its fourth-quarter 2024 investor letter. A copy of the ...
Walmart's latest acquisition is a shopping mall in Pennsylvania
Walmart's purchase was an all-cash $34 million deal, according to CBL, a shopping mall owner that sold the property.