Carlsbad-based development company Foursquare Properties has just purchased the Bellevue Mall in Nashville, Tennessee for $28 Million according to as story in the Nashville Business Journal.
The company can now proceed with its plans to transform the struggling mall into a $100 million open-air lifestyle center. . . Nashville’s Metro Planning Commission approved Foursquare’s plan in October. .. . The plan is to turn the enclosed mall into a lifestyle center with major retail anchors. Macy’s department store will remain and continue to own its property.
[Link: Nashville Business Journal]
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