An unknown buyer acquired Lake Point and Suntrust Bank office buildings from CBL & Associates Properties Inc. (NYSE:CBL) for 30.8 million in January 2013.

Continental Properties Corp. acquired 61,412 square foot building at 1500 Sunday Dr. in West Raleigh from CBL & Associates Properties Inc. (NYSE:CBL) for $8.3 million on March 11, 2013. CBRE-Raleigh will be taking over the building's property management and leasing services from the Cassidy Turley real estate firm. J. Scott Adams, Ben W. Kilgore, IV and Brian Carr of CBRE-Raleigh acted as the real estate advisors to CBL & Associates in the transaction.

Continental Capital Management LLC acquired 1500 Sunday Drive from CBL & Associates Properties Inc. (NYSE:CBL) for $8.3 million on March 11, 2013. Net proceeds from the transaction will be used to reduce the outstanding borrowings on CBL & Associates' credit facilities. Scott Adams, Ben Kilgore and Brian Carr of CBRE-Raleigh represented CBL & Associates in the transaction

CBL & Associates Properties Inc. (NYSE:CBL) sold two office buildings located in Greensboro, North Carolina for $30 million in January, 2013.

CBL & Associates Properties Inc. (NYSE:CBL) acquired the remaining 40% stake in Imperial Valley Mall and Imperial Valley Commons from The MGHerring Group Inc. in December 2012. CBL invested a total of $96.1 million, including the assumption of debt, to acquire interests in two enclosed regional malls, Kirkwood Mall and Imperial Valley Mall, in two separate transactions. As a result of the acquisition of the remaining interest in Imperial Valley Mall, CBL & Associates ... Properties Inc. recorded a gain on investment of $45.1 million in the fourth quarter 2012.
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CBL & Associates Properties Inc. (NYSE:CBL) acquired 49% stake in Kirkwood Mall from Radiant Partners, LLC for $39.5 million in cash in December 2012.

CBL & Associates Properties Inc. (NYSE:CBL) entered into an agreement to acquire remaining 51% stake in Kirkwood Mall from Radiant Partners, LLC on January 10, 2013. CBL anticipates closing on the remaining 51% interest within 90 days from the date of anouncement, subject to lender approval, including the assumption of a $40.4 million non-recourse loan secured by the property.

CBL & Associates Properties Inc. (NYSE:CBL) acquired former Ramada Inn Speedway Hotel property from Consolidated Inns of Daytona Beach Inc for $3.9 million on December 12, 2012. Paul Partyka of NAI Realvest represented Consolidated Inns of Daytona Beach Inc in the transaction.

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