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by Jon Chavez

Toledo, OH РAfter 11 years under another name, Toledo’s premier enclosed shopping property is once again Franklin Park Mall.

Earlier this week, private equity firm Starwood Capital Group of Greenwich, Conn., completed its $1.64 billion purchase of Franklin Park and six other malls owned by the Australian-based Westfield Group, and the first move made was to change the name.

Since January, 2002, the mall has been under the Westfield brand, first Westfield Shoppingtown Franklin Park, and later just Westfield Franklin Park.

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