June 2nd, 2013Macomb Mall Gains New Owner and Possible Future Facelift
Roseville, MI – Fast approaching its half-century mark, the Macomb Mall has a new owner and management team looking to freshen up its appearance and tenant mix.
Lormax Stern Development of West Bloomfield bought the 921,000-square-foot mall in Roseville for an undisclosed price on May 6. The purchase represents the shopping center developer’s largest Michigan acquisition.
Karl Zarbo, Lormax Stern’s director of operations, said the mall has a great location on the busy Gratiot Avenue strip and, despite some vacancies, still houses close to 85 stores and restaurants, many reporting strong business.Continue Reading »