Owner of Upstate mall files for bankruptcy

  • By cvbizz
  • November 2, 2020
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via wyff.com

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Two mall operators filed for bankruptcy protection Monday. Both were hurt by the coronavirus pandemic that has forced their tenants to permanently close stores or not pay rent. CBL and Pennsylvania Real Estate Investment Trust said their malls will remain open as they go through the bankruptcy process. Based in Chattanooga, Tennessee, CBL operates 107 malls across the U.S., including the Westgate Mall in Spartanburg

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