Another national mall retailer to sell assets for $81M

National retailer Forever 21, which filed for bankruptcy protection last year, has agreed to sell its assets to a consortium of companies for $81 million in a deal that will allow it to keep stores open and continue operating.

Under the agreement, the Los Angeles-based company would be sold to a group composed of mall operator Simon Property Group (NYSE: SPG), real estate firm Brookfield Properties and brand licensing company Authentic Brands Group, according to documents filed Feb. 2 in federal…