Wednesday, November 10, 2010

Gateway Overlook Sold

Coupled with the Reuters report this morning of  GGP’s emergence from bankruptcy, it was also reported that they had sold the Gateway Overlook Shopping Center in Columbia for $90.1 million “as part of its plan to shed unwanted assets. It did not identify the buyer.”

Gateway Overlook is home to Costco, Best Buy and Lowes, as well as the only Trader Joe's for miles around.

The undeveloped land adjacent to the center apparently was not included in the sale.
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