05:08 PM EST, 12/23/2024 (MT Newswires) -- CBL Properties (CBL) closed the acquisition of its partner's 50% joint venture stakes in CoolSprings Galleria in Nashville, Oak Park Mall in Kansas City, Kansas, and West County Center in St. Louis.
The stakes were bought for $22.5 million in cash and the assumption of $266.7 million in three nonrecourse loans, CBL said Monday in a statement.