CBL Properties | WGLT

CBL Properties

Eastland Mall exterior
Staff / WGLT

The owner of Eastland Mall, which last month signaled it was in trouble as tenants struggled to pay rent during the pandemic, plans to file for bankruptcy as part of a debt restructuring.

Eastland Mall exterior
Staff / WGLT

The owner of Eastland Mall says it has “substantial doubt” about its future as it’s unable to collect rent from most of its retail tenants that are struggling because of the pandemic.

Eastland Mall exterior
Staff / WGLT

UPDATED 3:55 p.m. | McLean County’s Board of Review has partially denied an Eastland Mall owner request to further lower its assessed value, and therefore its tax bill. The decision sets up a likely appeal at the state level.

Sears
Eric Stock / WGLT

BLOOMINGTON – Sears has announced it is closing its store at Eastland Mall and 45 other locations across the country.

John Raoux / AP

Eastland Mall in Bloomington is getting a new sporting goods store.