Walmart has bought Monroeville Mall, which is roughly 12 miles east of Pittsburgh, per a CNBC report. CBL Properties sold the mall in a $34 million all-cash deal, according to a news release from ...
In what is likely a first for a U.S. retailer, Walmart has purchased a shopping mall — the Monroeville Mall and Annex in Monroeville, Pa. Walmart paid developer CBL Properties $34 million in an ...
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Walmart is working with a Dallas-based real estate development firm Cypress Equities to transform the shopping complex into a new retail and commercial destination. Chris Maguire, CEO of Cypress ...
To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Walmart is now the proud owner of a shopping mall near Pittsburgh, the company confirmed to Retail Dive Tuesday.
Here's an unexpected acquisition: Walmart bought a mall. The big-box retailer is now owner of an enclosed shopping mall that's in the Pittsburgh area. Walmart declined to share its plans for the ...
This week Walmart BB #:143789 confirmed that it bought a mall in Monroeville, PA, about 12 miles east of Pittsburgh. In a statement to CNBC, Walmart said it “is very interested in being part of any ...
Walmart buys Monroeville Mall from CBL Properties for $34 million. A list of strategic reasons that may have made WMT buy a mall. Walmart stock has rallied a whopping 80% in the trailing 12 months.
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