Edit 1/18: Replaced graphic that now includes a question mark. Edited language.
Lightstone Group (Website) is selling Artegon Mall according to Orlando Sentinel. The property has already received numerous unsolicited bids from potential buyers because of a planned I-4 overpass connecting Universal Orlando to North I-Drive. That's the area in which Artegon is located. So, the company listed Artegon for sale with a broker. Growthspotter first reported Lightstone Group signing with CBRE on August 23rd.
it is not known at this time what will happen to the mall itself.
Lightstone Group (Website) is selling Artegon Mall according to Orlando Sentinel. The property has already received numerous unsolicited bids from potential buyers because of a planned I-4 overpass connecting Universal Orlando to North I-Drive. That's the area in which Artegon is located. So, the company listed Artegon for sale with a broker. Growthspotter first reported Lightstone Group signing with CBRE on August 23rd.
it is not known at this time what will happen to the mall itself.
Lightstone Group has already made their money back from their original purchase by selling 3 Artegon parcels:
- Bass Pro Shops for $17 million
- Cinemark movie theatres for $13 million
- Unused land for $3.8 million
Anything they make beyond that is profit says Orlando Sentinel. READ FULL STORY HERE
