CBL Properties Closes $50.65 Million Sale of York Town Center in York, PA
CBL Properties closed the sale of York Town Center in York, Pennsylvania, for $50.65 million at an 8.5% cap rate. The transaction simplifies the company's structure by exiting a joint venture and advances its capital recycling strategy.
Key figures
- Cap rate
- 8.5%
- Sale proceeds
- $50.65 million
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