A joint venture between Taubman Centers Inc. and Prudential Real Estate Investors has sold the Woodland Mall in Grand Rapids, Mich.
The value of the transaction was $177.4 million.
Pennsylvania Real Estate Investment Trust purchased the asset.
Taubman Centers Inc., a real estate investment trust, owns and/or manages 22 urban and suburban regional and super regional shopping centers in 11 states.
What’s your opinion? Send your Letter to the Editor to firstname.lastname@example.org.