Acquiring Company
CBL Properties
Acquired Company
Washington Prime Group
Description
CBL Properties announced the acquisition of four regional malls from Washington Prime Group for $178.9 million. This move is part of CBL’s strategy to optimize its portfolio and enhance cash flow. The acquired malls are located in Ashland, Grand Junction, Ocala, and Missoula. This acquisition is expected to immediately accrete to CBL’s cash flow per share.
Quick answer
CBL Properties is acquiring Washington Prime Group for $178.9 million, announced July 29, 2025. CBL Properties is based in Chattanooga, Tennessee, United States.
- How much did CBL Properties pay for Washington Prime Group?
- The reported deal value is $178.9 million.
- What does CBL Properties do?
- Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities.
- Where are CBL Properties and Washington Prime Group based?
- CBL Properties is based in Chattanooga, Tennessee, United States.
Source: Fundz verified event record.
Other recent acquisitions in Real Estate and Retail
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- Dick’s completes $2.4 billion Foot Locker acquisition, $2.4B (September 8, 2025)
- Graham + Sibbald acquires Aitchison Raffety (September 3, 2025)
- Dwelly acquires HC Lettings to expand portfolio (September 2, 2025)
Who to call at CBL Properties, and when
When CBL Properties changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day CBL Properties raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CBL Properties, from your own LinkedIn network
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Frequently asked
Who acquired Washington Prime Group?
Washington Prime Group was acquired by CBL Properties, based in Chattanooga. The deal was reported on July 29, 2025. Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL Properties is privately held.
When did CBL Properties acquire Washington Prime Group?
CBL Properties's acquisition of Washington Prime Group was reported on July 29, 2025. CBL Properties announced the acquisition of four regional malls from Washington Prime Group for $178.9 million. This move is part of CBL’s strategy to optimize its portfolio and enhance cash flow. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Washington Prime Group do?
Washington Prime Group is a real estate investment trust focused on the ownership, acquisition, and management of retail properties. The company specializes in open-air shopping centers and other retail assets. It is privately held, operating in Real Estate.
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