Lakeforest Mall Sold for $19.1 Million

A few months ago we wrote that Lakeforest Mall was facing foreclosure.

Yesterday, the once-great mall was sold at auction for $19.1 million, a fraction of its former worth according BizJournals https://www.bizjournals.com/baltimore/news/2017/08/22/gaithersburgs-lakeforest-mall-sells-at-auction-for.html?ana=e_du_prem&s=article_du&ed=2017-08-22&u=PStc0FDDRxlswl2ZiLhz7w0f9c8187&t=1503431887&j=78732181

No word yet on when/if the mall will close.

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