02:32 PM EST, 01/31/2025 (MT Newswires) -- CBL & Associates Properties ( CBL ) on Friday said it completed the sale of Monroeville Mall and Annex in Monroeville, Pennsylvania, for $34 million in cash.

The company said it used about $7.1 million to reduce the outstanding principal on its outparcel and open-air center loan to $333 million.

Shares of the company were up nearly 4% in recent trading.

Price: 30.53, Change: +1.07, Percent Change: +3.63