CBL Properties Sells Janesville Mall in Wisconsin for $18M


CBL Properties Sells Janesville Mall in Wisconsin for $18M


JANESVILLE, WIS. — CBL Properties has sold Janesville Mall in southern Wisconsin to RockStep Capital for $18 million. Boston Store, Dick’s Sporting Goods, Kohl’s and Sears anchor the 600,000-square-foot mall. Other tenants include Bath & Body Works, American Eagle Outfitters, Claire’s, Finish Line, GameStop, Ulta Beauty, Victoria’s Secret and Yankee Candle. CBL will use proceeds from the sale to supplement cash flow, fund redevelopment programs and other capital improvements, and reduce debt...

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RSK: Anchored by Boston Store? Better have a solid lease with a blackout clause in that one.

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- - Volume: 6 - WEEK: 32 Date: 8/7/2018 8:51:14 AM -