Walmart's purchase was an all-cash $34 million deal, according to CBL, a shopping mall owner that sold the property.

The Monroeville Mall is about to change. Opened in 1969, the Monroeville Mall has seen a lot of changes over the years, and there's a new one with the introduction of Walmart as the property's new owner,

Walmart has tapped real estate firm Cypress Equities to spearhead the redevelopment, which the company told CNBC is expected to be a “retail-driven, mixed use project.” Initia