The New Owners of Lakeforest Mall Are in Talks With Owners of Department Stores

Last month we broke the news of Lakeforest Mall being sold to South Carolina-based WRS Inc.

Today, the Washington Business Journal reports that WRS Inc. is in talks with the owners of the four department stores at the mall in order to secure the entire site for redevelopment.

If WRS Inc. is able to secure the purchase of the pad sites, which include the department stores and their parking lots, they would be able to move forward with redevelopment of the area.

Gaithersburg city officials are scheduled to discuss the future of Lakeforest this month.

Be the first to comment on "The New Owners of Lakeforest Mall Are in Talks With Owners of Department Stores"

Leave a comment

Your email address will not be published.


*