BRADENTON, FL-A subsidiary of Great Neck, New York-based Mason Asset Management has picked up the DeSoto Square Mall, a 678,377-square-foot retail property in Bradenton, for $24.6 million. The Sarasota Herald-Tribune said that the company purchased the property from Simon Property Group.
The Bradenton mall is anchored by J.C. Penney, Macy's and Sears. Due to debt, the mall has been prohibited from making required improvements. For the full story, go to Tampa Bay Business Journal .
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