An investor group comprised of Concord Wilshire Capital, TLG Investment Partners and CDS International Holdings Inc. has acquired the 1.4 million-square-foot Metrocenter Mall in Phoenix, with plans to redevelop it into mixed uses. The purchase price could not yet be learned. The group purchased the property from Carlyle Development Group, which had acquired it in 2012 […]

The post Shuttered Phoenix Mall Acquired; Massive Redevelopment Planned appeared first on Commercial Real Estate Direct.