Westfield South Shore mall in Bay Shore sold as part of deal worth $196 million
The company that owns the Westfield South Shore mall in Bay Shore announced it has sold the property, as well as another mall it owns in Trumbull, Connecticut.
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The company that owns the Westfield South Shore
mall in Bay Shore announced it has sold the property, as well as
another mall it owns in Trumbull, Connecticut.
A release from Unibail-Rodamco-Westfield
put the value of the sale at $196 million.
URW confirmed that the malls were sold to Mason Asset Management and Namdar Realty Group, a privately held commercial real estate investment and management firm. News 12 has reached out to Namdar for a comment on the sale.
Unibail-Rodamco-Westfield operates 80 shopping
centers in 12 countries, including 45 that carry “the iconic
Westfield brand,” the release says.
