Cincinnati Mills Mall Sold

After having been renamed to cincinnati mall and again to forest fair village in the 2010s the property has dwindled to fewer than five tenants as of 2017 and plans of redevelopment have largely been stalled. On april 6 2007 farallon and simon completed the acquisition of mills. As a mills property the mall became a value.
cincinnati mills mall sold

Gator investments sold the property in september 2002 for 64 million to the mills co which renovated the mall and reopened it as cincinnati mills.

Cincinnati mills mall sold. The bleeding of tenants only accelerated. Today only one independent store in the mall is open. Brookfield had the option to submit a counter offer but february 16 2007 simon property group and farallon capital agreed to acquire mills for 2525 per common share. Anchor tenants include bass pro shops kohls and babiesrus.

19 it renamed cincinnati mall. The mall closed in 2002 in part due to the growth of online shopping. Forest park fairfield and the port of greater cincinnati development authority all have huge stakes in the property as they partnered with prior owners mills corp to redevelop the mall in 2004. The mills name was officially dropped having not transferred with the sale of the mall and the mall was renamed cincinnati mall.

Mills corporation renamed the property to cincinnati mills in 2002 and renovated the mall once more. The 28 year old mall variously known as cincinnati mall cincinnati mills and forest fair is nearing its end as a retail. The current owner world properties llc of new york bought the mall at 600 cincinnati mills drive in 2010. In a move to restore the malls viability cincinnati holding sought non traditional tenants to fill the empty mall.

Forest fair village 1940000 square feet fairfield and forest park. Bass pro shops announced. Cincinnati mills was purchased by the cincinnati holding company a subsidiary of world properties inc. Following the sale of millss portfolio to simon property group the mall was sold several times afterward while continuing to lose many of its key tenants.

Of new york for 47 million on march 4 2009. Simon dumped cincinnati mills in march of 2009 selling it a realty company called north star port authority.