Sale of Rhode Island Mall to Baltimore Company Completeby Kim Kalunian
Warwick, RI – The Rhode Island Mall has been sold yet again. Baltimore-based MCB Real Estate closed on their purchase of the mall on June 25. The sale price was not disclosed. Previous owners, Winstanely Enterprises and Surrey Equities, bought the former Midland Mall in 2012 for $38 million dollars. They had most recently planned to turn the shopping center into factory outlets, but abandoned the plans earlier this year.
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