Konover is selling non-core assets to improve liquidity and reduce time spent managing non-income producing activities, according to published reports.
Two years ago, the outlet center had 78 tenants. The site has since experienced a decline in occupancy, caused by several factors, including the closing of nearby Opryland and the opening of Opry Mills.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.