CBL Sells Fremaux Town Center Stake for $30.77 Million

Reuters

2025/10/24

CBL Sells Fremaux <a href="https://laohu8.com/S/TCNB">Town Center</a> Stake for $30.77 Million

CBL & Associates Properties Inc. has sold its interest in Fremaux Town Center, a 640,000-square-foot open-air shopping center in Slidell, Louisiana, to its joint venture partner, Stirling. The sale generated net cash proceeds of $30.77 million for CBL and eliminated $35 million in property-specific debt. The transaction was completed at an 8.2% cap rate.

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: 20251023398344) on October 24, 2025, and is solely responsible for the information contained therein.

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The sale generated net cash proceeds of $30.77 million for CBL and eliminated $35 million in property-specific debt. The transaction was completed at an 8.2% cap rate.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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 &amp; Associates Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251023398344) on October 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4080","symbol_name":"零售业房地产投资信托","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251024:nNDLWZfyL:1","article_id":"2577481115","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577481115","pubTimestamp":1761318616,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CBL & Associates Properties Inc. has sold its interest in Fremaux Town Center, a 640,000-square-foot open-air shopping center in Slidell, Louisiana, to its joint venture partner, Stirling. 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