Capital Group defaulted on its loan for the mall in 2021, and receiver Spinoso Real Estate Group listed it for sale.
Anchor tenants include Macy's, Belk, Dillards and AMC Theatres. Any items owned by Starwood at the mall, such as construction materials, supplies, fixtures, equipment and computers, will be included.
Thursday's announcement was not a major surprise. The underperforming Southpark store had been rumored to close since last February.
A Georgia company, through its three LLCs, was the highest bidders to purchase the financial struggling north Charlotte mall.
Exclusive: The mall finally lined up a buyer after three years of uncertainty and financial woes. It last was sold a decade ...
Costco, Belk, Dillard's and the former Sears were not part of the sale. The 431,306-square-foot property includes a large parking lot. In 2023, Greenville-based Reedy River at SVN Blackstream was ...
Charlotte's Northlake Mall is set to be sold after years of financial instability and crime issues. Spinoso Real Estate Group ...
Northlake covers 120 acres, according to JLL’s property listing. Stores at the mall include Dillard’s, Macy’s, Belk Outlet and AMC movie theater. But even as some national retailers ...
Dillard's, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. The company’s stores offer merchandise, including fashion apparel ...
David Lumb is a mobile reporter covering how on-the-go gadgets like phones, tablets and smartwatches change our lives. Over the last decade, he's reviewed phones for TechRadar as well as covered ...