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CBL Properties closes two land sales, lifts 2025 land sale proceeds above $30 million

CBL Properties closes two land sales, lifts 2025 land sale proceeds above $30 million

BitgetBitget2026/09/30 20:29
  • CBL Properties closed two land sales at Harford Mall in Maryland, Friendly Center in North Carolina, lifting year-to-date land-sale proceeds above $30 million.
  • Harford Mall deal: sold a 3.9-acre in-mall parcel to Cohere Development for a 249-unit luxury multifamily project targeting a fall 2028 opening.
  • Friendly Center deal: sold about 7 acres to Hines for a 270-unit Class A multifamily development next to Whole Foods.
  • Combined transactions support development of more than 515 Class A multifamily units across the two sites.


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: 20260930402931) on September 30, 2026, and is solely responsible for the information contained therein.

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