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Janesville Mall to change hands

The Janesville Mall may soon have a new owner.  Mall owners, CBL and Associates Properties released in it’s quarterly report that Texas firm Rock Step Capital has posted a “significant” and non-refundable deposit, and the sale would likely close during the summer months.  The sales price is suggested to be $18-million.  This is significantly less than the $34-million, 1994 purchase price, listed in city of Janesville records.

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