As General Growth Properties exits bankruptcy, the local effects are felt almost immediately. According to this Reuters news story, General Growth Properties has sold the Gateway Overlook Shopping Center for $90-million. The identity of the buyer has not been released.
2 comments:
Unconfirmed sources say Washington Real Estate Investment Trust (WRIT) is the buyer.
http://dcrealestate.citybizlist.com/yourcitybiznews/detail.aspx?id=102280
Thanks for sharing this information to us. Now I know the story. Thanks again.
Angelo H
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