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How the Pandemic Forces Difficult Choices for Distressed Malls

Mason Asset Management, Namdar Realty Grab Pennsylvania Property, Face Loss in Michigan
Fashion Square in Saginaw, Michigan, is anchored by Macy’s and J.C. Penney. (CoStar)
Fashion Square in Saginaw, Michigan, is anchored by Macy’s and J.C. Penney. (CoStar)
CoStar News
October 6, 2020 | 8:10 P.M.

Two shopping malls owned by investment partners Mason Asset Management and Namdar Realty Group illustrate the difficult choices owners face these days in deciding what to do with distressed retail properties in a rapidly changing market.

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