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Washington Prime to Give Three Malls Over to Lenders

Two Properties Owned by Ohio REIT Are Set to See Their Macy's Anchor Stores Close
Macy's plans to close its anchor store at Muncie Mall in Muncie, Indiana, contributed to Washington Prime Group's decision to give the mall over to lenders. (CoStar)
Macy's plans to close its anchor store at Muncie Mall in Muncie, Indiana, contributed to Washington Prime Group's decision to give the mall over to lenders. (CoStar)
CoStar News
March 10, 2020 | 7:16 P.M.

As more retail stores shut permanently across the United States, landlord Washington Prime Group has decided to turn over three malls to lenders in an effort to reduce debt.

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