All entries for July 2014

DeSoto Square Mall sold for $33.75 million

Rockwood Real Estate Advisors just completed the auction to sell DeSoto Square Mall at auction. The winning bid was $33.75 million. Information about the winning bidder is not yet available. In the past three hours, offers rose from $13 million to more than $33 million.

The mall was up for grabs at www.auction.com/Florida/commercial-auction-asset/193016470-7787-303-Us-301-Boulevard-West-BRADENTON-FL-34205-B134.

Mason Asset Management bought the aging mall in 2012 for around $25 million from the Simon Property Group.


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