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Sold! $2.1M Fort Worth's Ridgmar MallSold! $2.1M Fort Worth's Ridgmar Mallhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=147552016-10-05T05:00:00Z2016-10-04T12:45:00Z

​​FORT WORTH - Three years after buying Ridgmar Mall in Fort Worth, GK Development Inc. has acquired the Neiman Marcus store for $2.1 million with plans to spend millions more on upgrades to the shopping center.

The deal for the 120,000-sf building closed last week and makes way for GK Development's redevelopment plans for the mixed-use property at the northeast corner of I-30 and Green Oaks Rd.

The phased multimillion-dollar redo will help attract new retailers to the mall that will fill the space upon Neiman Marcus' departure. 

The initial improvements will include interior upgrades and a $3 million remodel of the Cinemark Theaters.
Dallas Business Journal
Dallas-Fort Worth-Arlington
Retail
http://www.bizjournals.com/dallas/news/2016/10/03/illinois-developer-buys-2-1m-neiman-marcus-store.htmlRead more at the {Source}

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