April 18, 2024

San Antonio mall bought by New York investors

Three investors from New York just teamed up to purchase South Park Mall Monday. JLL Capital Markets confirmed the buy. CH Capital Group, Namdar Realty Group and Mason Asset Management had made two purchases. The mall in San Antonio and Westgate Mall in Armarillo.

While details of the transaction were not disclosed for the 663,978 square-foot mall, the property was evaluated at $102 million according to the Bexar County Appraisal District.

No plans have been released on what the new owners are going to do with the property.