Sunday, 14 April 2019 21:12

Bangor Mall has new ownership

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BANGOR - The Bangor Mall has a new owner - the Namdar Realty Group.

That's according to a letter WVII obtained that was sent to mall retailers. Among other staff changes, it mentions Namdar Realty Group as the "buyer." 


According to the company's website, Namdar Realty Group has properties in 29 states and it was founded in New York.


The realty group was mentioned in a letter sent from the mall's current general manager earlier this week to mall retailers.


In the letter, the current GM said she hopes the changes can lead to seizing growth opportunities for the mall and developing fresh concepts for shoppers.