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Eastland Mall Sells For $9.7 Million

A mall in southeast Columbus has finally been sold after being on the market since last year.
eastland

A mall in southeast Columbus has finally been sold after being on the market since last year.

The Columbus Dispatch reports that Eastland Mall, located near Refugee Road and I-270, has been sold for $9.7 million to Eastland Mall Holding.

The sale officially closed on May 1.

Glimcher Reality listed the mall on Auction.com in March with a minimum asking price of $5 million.

In February, an $18 million bid was rejected by the owners.

The auction site stated that Eastland Mall is "a strategically positioned, single-story enclosed super-regional mall."

Eastland was built in 1968 and acquired by Glimcher for $29.7 million in 2003.

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