New York firms named as buyers of Voorhees Town Center
Mason Asset Management and Namdar Realty Group, both of Great Neck, N.Y., are the new owners of Voorhees Town Center, the companies said in a news release on Tuesday.
Mason Asset Management and Namdar Realty Group, both of Great Neck, N.Y., are the new owners of Voorhees Town Center, the companies said in a news release on Tuesday.
Mason and Namdar purchased the 732,000-square-foot Camden County mall from Pennsylvania Real Estate Investment Trust on Oct. 27, marking their sixth acquisition from the Philadelphia-based mall developer.
PREIT said last month that it had sold the property for $13.4 million after learning that one of its anchor stores planned to close. In the news release, the new owners said that there is no evidence of any immediate anchor closures.
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