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CBL to Sell a Quarter of its Malls

CBL to Sell a Quarter of its Malls

Executives with regional mall REIT CBL & Associates announced they plan to sell approximately 21 properties, or about a quarter of the company's existing portfolio, over the next 36 months, according to timesfreepress.com. The company has separated its mall holdings into three performence tiers and wants to dispose of the bottom tier at a time when many

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