CBL Properties announced results for the first quarter ended March 31. During Q1 2025, CBL closed on dispositions representing more than $73.3 million of gross proceeds at CBL's share, including the $34.0 million sale of Monroeville Mall in Monroeville, Pa., and the $38.1 million sale of Imperial Valley Mall in El Centro, Ca.
Consistent with its previously issued guidance range, same-center NOI for Q1 2025 declined 2.3 percent compared with the prior-year period, and FFO, as adjusted, ... more