Bangor Mall sells to Namdar, partners for $12.6M

Started by retailisking, April 20, 2019, 02:10:13 AM

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retailisking

Namdar is a dead mall acquirer with a spotty track record. The sale price was millions less than the reserve and roughly half its assessed value
https://bangordailynews.com/2019/04/19/business/bangor-mall-sells-for-12-6-million-well-below-assessed-value/