Forest City is a REIT based in Cleveland. The center, which has330,000 sf of net leasable area, is anchored by Dillard's, Macy's,Mervyn's, Dick's Sporting Goods, and JCPenney. The mall opened in1996 and was last renovated in 2002. In 2006, Forest City boughtout its partner in the asset.
No additional information about the financing was released byForest City. A company official did not return a phone call seekingadditional loan details.
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