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Feldman To Buy Northgate Mall in Cincinnati

New Owner Would Add Entertainment Venues to Tenant Line Up

Feldman Mall Properties, Inc. (NYSE: FMP) signed a purchase contract to acquire Northgate Mall, a 1.1 million-square-foot mall in the northwest suburbs of Cincinnati, OH. The purchase price of $110 million includes the assumption of the existing mortgage loan in the approximate amount of $79.6 million plus cash in the amount of approximately $30.4 million.

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News | Feldman To Buy Northgate Mall in Cincinnati