Wheeler Real Estate Investment Trust to Sell 35 Properties

MT Newswires Live06-23

Wheeler Real Estate Investment Trust (WHLR) is selling 35 out of its portfolio of 59 properties, the company said in a Tuesday filing.

The company has engaged CBRE's National Retail Partners to list and market the properties under a portfolio sale transaction, but said there is no guarantee that a transaction will be completed.

Wheeler Real Estate Investment Trust stock was down more than 35% premarket Tuesday.

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