Husch Blackwell represented CBL & Associates Properties, Inc., one of the largest developers of malls and shopping centers in the U.S., in its $130 million sale of The Outlet Shoppes at Oklahoma City, announced today. The Outlet Shoppes is a 430,000 square foot open air center and was the first outlet center project developed together by CBL and its joint-venture partner, Horizon Group Properties.
CBL owns, holds interests in or manages 125 properties, including 82 regional malls/open-air centers. The properties are located in 27 states and total 77.4 million square feet, including 5.9 million square feet of non-owned shopping centers managed for third parties.
The Husch Blackwell team was led by Ron Feldman and included Kelsie Hanson.
For more information on the transaction, refer to CBL’s news release.