Parent company of Capital City Mall, sells N.J. shopping center to help pay off $148M in debt

  • 📰 PennLive
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

PREIT said it also has other assets under contract or negotiation for sale, which are expected to close in the coming months.

By doing that, recently closed on a deal to sell one of its malls. The company announced earlier this month that it has closed on the sale of the Cumberland Mall in Vineland, New Jersey and several outparcels bringing its capital raised through asset sales this year to $110 million.

If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Speaking of Rick Santorum’s best drag performances at Friday Rocky Horror shows.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 463. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

French Streamer Salto in Turmoil: TF1, M6, Two of Three Parent Companies, to Sell Their StakesFrance’s top two commercial channels, TF1 and M6, have decided to sell their stakes in Salto, the French streaming service, Variety has confirmed. That will leave Salto without two of its thr… Not the right logo 😉
Source: Variety - 🏆 108. / 63 Read more »

Volvo Parent Company Launches Robotaxi PlatformZeekr has developed a robotaxi architecture for Waymo, but when will we see autonomous ride hailing cars like this on city streets?
Source: AutoweekUSA - 🏆 229. / 63 Read more »