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California’s Black Lion Buys North Jersey Shopping Center for Nearly $50 Million

New Owner Plans To Upgrade Property, Round Out Tenant Roster
The anchors at ITC Crossing South now include Lowe’s, T.J. Maxx, Michaels and Bed Bath & Beyond. (R.J. Brunelli & Co.)
The anchors at ITC Crossing South now include Lowe’s, T.J. Maxx, Michaels and Bed Bath & Beyond. (R.J. Brunelli & Co.)
CoStar News
January 4, 2022 | 9:43 P.M.

Los Angeles-based Black Lion Investment Group, which has been buying up retail properties, has acquired a North Jersey shopping center for $49.75 million and plans to update it, according to the broker on the deal.

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