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CBL Acquires Seven Retail and Auto Centers from Sears in Sale-Leaseback

REIT Slates Properties for Future Redevelopment
CoStar News
January 30, 2017 | 7:32 P.M.

CBL & Associates Properties Inc. (NYSE:CBL) closed on a sale-leaseback transaction involving five Sears department stores and two Sears Auto Centers at CBL malls, providing CBL with control of these locations for future redevelopment.

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News | CBL Acquires Seven Retail and Auto Centers from Sears in Sale-Leaseback