Search results
Results from the WOW.Com Content Network
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.
On February 28, 2020, Goodrich Quality Theaters filed for Chapter 11 bankruptcy. [1] In July 2020, Mason Asset Management, Namdar Realty, and VIP Cinemas purchased Goodrich Quality Theaters under the name Goodrich Theater Newco. [citation needed] It was formed in Delaware on July 1, 2020. On July 7, 2020, documents were filed with the Missouri ...
Westgate Mall was built by Arlen Realty and Development Corporation, and opened on October 28, 1975. At the time, it was the largest mall in South Carolina. [2] Its original anchor stores were Belk-Hudson, Sears, and Meyers-Arnold. [3] JCPenney was added in 1978. [4] It was sold to JMB Realty in the late 1970s, [5] then to Bramalea Centers in ...
The mall is currently owned by Namdar Realty Group. [8] Sports Authority joined the mall in 2013, but closed in 2016 when the chain filed for bankruptcy. [9] An Ollie's Bargain Outlet opened in the space in 2018. [10] On February 15, 2021, it was announced that Sears would be closing as part of a plan to close 34 stores nationwide.
JCPenney closed in mid July 2015 and in late August 2018, The Bon-Ton closed as a result of the entire chain filing for bankruptcy. Both the JCPenney and Bon-Ton spaces remain vacant. [ 9 ] On January 18, 2019, Burlington closed at the mall leaving Black Rose Antiques & Collectables as the only anchor left.
For premium support please call: 800-290-4726 more ways to reach us
In February 2018, The Bon-Ton Stores Inc. filed for Chapter 11 bankruptcy protection with the likelihood of satisfying its long-term debt. [18] On April 9, 2018, it was announced that Washington Prime Group and Namdar Realty Group had made a substantial offer to acquire The Bon-Ton. On April 17, 2018, however, a judge decided that the company ...
On August 29, 2018, anchor tenant Bergner's permanently closed its doors after 40 years of business at Hickory Point, following the bankruptcy and liquidation of parent company Bon-Ton Stores. [ 26 ] In August 2020, CBL & Associates sold the mall to Namdar Realty Group .