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Namdar Realty Group is an American shopping mall investment company based in Great Neck, New York. They primarily purchase dying or dead shopping malls with partner Mason Asset Management . [ 3 ] [ 5 ] Namdar and Mason are both family owned, and as of 2021, own over 400 properties including 100 plus malls.
Bangor Mall is managed by Namdar Realty Group, which acquired the mall for $12.6 million in 2019 after Simon Property Group defaulted on an $80 million loan. [4] Bangor Mall entrance in spring 2018. Built in 1977 on a former dairy farm and opened in October 1978, [5] [6] the mall sits on Stillwater Avenue north of Bangor's central business ...
It is currently owned and managed by Namdar Realty Group. [3] The mall's anchor stores and last remaining store, inaccessible from the mall interior, was Black Rose Antiques & Collectibles. There are 3 other vacant anchor stores that were once JCPenney, Burlington, and The Bon-Ton.
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Glimcher Realty Trust took control of the mall in 2007, ownership later shifting to WP Glimcher with its formation by merger in 2015. In 2016, the mall was foreclosed on and auctioned on while under the ownership of WP Glimcher. [3] The mall had no bidders. [7] The mall is currently owned by Namdar Realty Group. [8]
West Valley Mall is a shopping mall in Tracy, California, United States, that opened in 1995. [1] It is owned and operated by Namdar Realty Group. [1] The mall is anchored by Target, Macy's, Hobby Lobby, Burlington, and a Cinemark movie theater.
Namdar Realty Group: Owner: Namdar Realty Group, Mason Asset Management: No. of stores and services: 100+ No. of anchor tenants: 3 (0 open, 3 vacant) Total retail floor area: 800,000 sq ft (74,000 m 2) No. of floors: 1, former Macy’s had 3 floors! Former JCPenney’s had 2 floors: Website: galleryatsouthdekalb.com
Mason Asset Management & Namdar Realty Group: Owner: Mason Asset Management & Namdar Realty Group: No. of stores and services: 56: No. of anchor tenants: 3: Total retail floor area: 605,575 square feet (56,000 m 2) No. of floors: 1 (2 in Dillards) Website: theshopsatfallentimbers.com [1]