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Distressed Mall Investment Team Sees Strong Leasing Interest in Pandemic

Pair of New York Firms Join in Buying Illinois Property Unwanted by REIT
Hickory Point Mall in Forsyth, Illinois, is Namdar Realty and Mason Asset Management’s latest purchase. (CoStar)
Hickory Point Mall in Forsyth, Illinois, is Namdar Realty and Mason Asset Management’s latest purchase. (CoStar)
CoStar News
October 28, 2020 | 11:16 P.M.

While major shopping center and mall landlords struggle to hang on to underperforming retail properties or just give up on them, Namdar Realty and Mason Asset Management keep adding to their substantial portfolio of cast-offs. And they may have more opportunity in the near future.

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