![]() Mason Asset Management is a Long Island-based real estate investment and advisory company with expertise in the acquisition, management, disposition, and leasing of commercial real estate properties throughout the United States.įounded in 2010, the company invests in value-add properties and provides transactional and advisory services to banks, financial institutions, and owners with a focus on the real estate restructuring industry. Key Bank was the owner of the Florence Mall debt and had put the property up for sale. “We have a meeting with the management company on our schedule.” “We knew it was for sale,” said Florence Mayor Diane Whelan. The group expects to be sharing news soon of lease signings, store openings, and other activities on-property. “We are currently exploring a number of leasing options for current vacancies, and we look forward to further bolstering the available offering at the mall through an aggressive leasing strategy.” “We are looking forward to the future of Florence Mall,” says Igal Nassim, Mason Asset Management. Mason Asset Management will oversee all leasing efforts, while Namdar Realty Group will continue to operate the mall as usual. ![]() The ownership group that includes Mason Asset Management and Namdar Realty Group –– the Great Neck, New York-based partnership which leases and manages shopping centers across the country –– has announced their acquisition of Florence Mall at 2028 Florence Mall Road, in Florence. ![]() Florence Mall has been on the market for some time, and now a national management group has announced that “It’s sold.”
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