Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Developer Selling Two Local Malls

wikipedia

A local developer is selling River Valley Mall in Lancaster and Indian Mound Mall in Heath.The two facilities are among the 13 being sold by Columbus-based Glimcher Realty Trust. The developer hopes to raise up to 300 million dollars to reduce its debt, fund redevelopment efforts, and offer preferred stock redemptions. Other Ohio malls being sold include two in Dayton and one in New Philadelphia. Glimcher previously announced it will sell Eastland Mall.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.
Related Content