An unknown buyer acquired a self-storage portfolio in St. Charles, Cincinnati, Beaumont and Chattanooga from CBL & Associates Properties, Inc. for approximately $8.5 million.
November 17, 2021
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An unknown buyer acquired a self-storage portfolio in St. Charles, Cincinnati, Beaumont and Chattanooga from CBL & Associates Properties, Inc. (NYSE:CBL) for approximately $8.5 million on November 18, 2021.
An unknown buyer completed the acquisition of a self-storage portfolio in St. Charles, Cincinnati, Beaumont and Chattanooga from CBL & Associates Properties, Inc. (NYSE:CBL) on November 18, 2021.
CBL & Associates Properties, Inc. is a self-managed, self-administered, fully integrated real estate investment trust (REIT). The Company owns, develops, acquires, leases, manages, and operates various properties. Its segments include Malls and All Other. The Malls segment includes malls, lifestyle centers and outlet centers. The All Other segment includes open-air centers, outparcels, office buildings, hotels, self-storage facilities, corporate-level debt and the Management Company. The Company primarily conducts its business through CBL & Associates Limited Partnership (the Operating Partnership), which is a variable interest entity. It owns two qualified REIT subsidiaries: CBL Holdings I, Inc. and CBL Holdings II, Inc. It owns and manages a portfolio, which is comprised of approximately 94 properties totaling 58.5 million square feet across 22 states, including 56 enclosed malls, outlet centers and lifestyle retail centers as well as more than 30 open-air centers and other assets.
An unknown buyer acquired a self-storage portfolio in St. Charles, Cincinnati, Beaumont and Chattanooga from CBL & Associates Properties, Inc. for approximately $8.5 million.
CBL & ASSOCIATES PROPERTIES, INC. 
