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![DailyREITBeat Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1092146031305867267.png) David Auerbach ⭕️ [@DailyREITBeat](/creator/twitter/DailyREITBeat) on x 3885 followers
Created: 2025-07-22 12:43:16 UTC

🏬 CBL Properties Sells Mississippi Retail Center for $83M πŸ’°

$CBL Properties continues its strategic capital recycling efforts with the sale of The Promenade, a XXXXXXX SF open-air retail center in D’Iberville, MS, for $XXXX million β€” an all-cash deal at an XXX% cap rate.

πŸ’‘ Key Highlights:
πŸ“ Location: 3821 Promenade Parkway, near I-10 & I-110
πŸ—οΈ Built: 2009, in partnership with Forum Development
πŸ›οΈ Tenants: Target, Best Buy, Chick-fil-A, Dick’s Sporting Goods, Marshalls, ULTA, Olive Garden & more
πŸš— Traffic: ~100,000 vehicles/day; XXX million annual visitors
πŸ’Έ Deal Type: All-cash, XXX% cap rate

πŸ“Š Portfolio Strategy:
🏒 Owns/manages XX properties across XX states (~54M SF)
πŸ›’ Includes XX malls, outlets, lifestyle & open-air centers
πŸ”„ Actively deploying reinvestment & leasing strategies aligned with modern retail trends

🏦 Recent Activity:
βœ… $78M non-recourse loan secured for Cross Creek Mall (Fayetteville, NC)
βœ… Sold Imperial Valley Mall (El Centro, CA) for $38.1M earlier this year

πŸ“Œ Takeaway: CBL continues to optimize its portfolio through targeted dispositions, refinancing, and selective reinvestments. In a market where capital discipline is key, this transaction reflects strong demand for high-traffic, open-air retail in growing Southeastern markets. 🧠




XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947638576327364782/c:line.svg)

**Related Topics**
[$83m](/topic/$83m)
[$cbl](/topic/$cbl)
[coins arbitrum](/topic/coins-arbitrum)

[Post Link](https://x.com/DailyREITBeat/status/1947638576327364782)

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DailyREITBeat Avatar David Auerbach ⭕️ @DailyREITBeat on x 3885 followers Created: 2025-07-22 12:43:16 UTC

🏬 CBL Properties Sells Mississippi Retail Center for $83M πŸ’°

$CBL Properties continues its strategic capital recycling efforts with the sale of The Promenade, a XXXXXXX SF open-air retail center in D’Iberville, MS, for $XXXX million β€” an all-cash deal at an XXX% cap rate.

πŸ’‘ Key Highlights: πŸ“ Location: 3821 Promenade Parkway, near I-10 & I-110 πŸ—οΈ Built: 2009, in partnership with Forum Development πŸ›οΈ Tenants: Target, Best Buy, Chick-fil-A, Dick’s Sporting Goods, Marshalls, ULTA, Olive Garden & more πŸš— Traffic: ~100,000 vehicles/day; XXX million annual visitors πŸ’Έ Deal Type: All-cash, XXX% cap rate

πŸ“Š Portfolio Strategy: 🏒 Owns/manages XX properties across XX states (~54M SF) πŸ›’ Includes XX malls, outlets, lifestyle & open-air centers πŸ”„ Actively deploying reinvestment & leasing strategies aligned with modern retail trends

🏦 Recent Activity: βœ… $78M non-recourse loan secured for Cross Creek Mall (Fayetteville, NC) βœ… Sold Imperial Valley Mall (El Centro, CA) for $38.1M earlier this year

πŸ“Œ Takeaway: CBL continues to optimize its portfolio through targeted dispositions, refinancing, and selective reinvestments. In a market where capital discipline is key, this transaction reflects strong demand for high-traffic, open-air retail in growing Southeastern markets. 🧠

XXX engagements

Engagements Line Chart

Related Topics $83m $cbl coins arbitrum

Post Link

post/tweet::1947638576327364782
/post/tweet::1947638576327364782