published Thursday, May 8th, 2014

CBL sells Florida mall for $14 million

CBL & Associates Properties Inc. has closed on the sale of Lakeshore Mall in Sebring, Fla., to a private buyer for $14 million.

"We are pleased to advance our strategic objective of selling lower productivity malls with the disposition of Lakeshore Mall," said Stephen Lebovitz, CBL's president chief executive officer. "We are also achieving progress with our additional disposition efforts and look forward to making announcements over the coming months."

about Mike Pare...

Mike Pare, the deputy Business editor at the Chattanooga Times Free Press, has worked at the paper for 27 years. In addition to editing, Mike also writes Business stories and covers Volkswagen, economic development and manufacturing in Chattanooga and the surrounding area. In the past he also has covered higher education. Mike, a native of Fort Lauderdale, Fla., received a bachelor’s degree in communications from Florida Atlantic University. he worked at the Rome News-Tribune before ...

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