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Spinoso acquires distressed Baltimore area mall for $190 million

Deal marks second recent big retail property sale in Maryland

Brookfield Properties had added White Marsh Mall to its holdings as part of its 2018 acquisition of GGP. (CoStar)
Brookfield Properties had added White Marsh Mall to its holdings as part of its 2018 acquisition of GGP. (CoStar)

Spinoso Real Estate Group has acquired a troubled Baltimore mall for $190 million from Brookfield Properties, the second large sale of a retail center in Maryland in the past few months.

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