CBL Properties closes USD 50.65 million sale of York Town Center in Pennsylvania

Reuters2026/08/14 18:00

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CBL Properties closed the sale of York Town Center, an open-air retail property in York, Pennsylvania, for USD 50.65 million.
Transaction priced at an implied 8.5% capitalization rate.
Deal included the exit of a 50% joint venture partnership, simplifying the company’s structure.
Proceeds support capital recycling, shifting from a mature asset to higher-yielding reinvestment opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBL & Associates Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260814364525) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CBL Properties closes USD 50.65 million sale of York Town Center in Pennsylvania

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