Beaver Valley Mall Under Agreement To Be Sold

The Beaver Valley Mall is reportedly under agreement to be sold. The Pittsburgh Business Times is reporting that a buyer is moving into place for the Center Township mall. According to sources familiar with the deal, Great Neck, N.Y.-based Namdar Realty Group has reached an agreement to buy the mall from Philadelphia-based Pennsylvania Real Estate Investment Trust. Sources say they expect Namdar to buy the property for around $30 million and that the company hopes to close on the deal by the end of the year.


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