• CBL Properties closed the sale of a 5.35-acre parcel at CoolSprings Galleria in Franklin, Tennessee, to multifamily developer Greystar.
• Greystar plans a 361-unit upscale apartment community with 15,000 square feet of ground-floor retail and service space.
• Construction is set to start later this month, with an expected build time of about two years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBL & Associates Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260617974169) on June 18, 2026, and is solely responsible for the information contained therein.