Judge approves $39 million sale of Northlake Mall to Georgia …

1 day ago  · The $39 million sale transitions the troubled shopping area from Spinoso Real Estate Group to Georgia-based Hull Properties, court documents show. The price is a stark difference …


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Judge Approves $39 Million Sale Of Northlake Mall To Georgia …

3 weeks from now

1 day ago  · The $39 million sale transitions the troubled shopping area from Spinoso Real Estate Group to Georgia-based Hull Properties, court documents show. The price is a stark difference …

yahoo.com

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Judge Approves $39M Sale Of Struggling Northlake Mall. What’s …

3 weeks from now

12 hours ago  · What we know about the out-of-state company that could be Northlake Mall’s new owner. Three Georgia limited liability companies — all under Hull Property Group — offered …

yahoo.com

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Northlake Mall Sale Set For Hull Property Group Of Georgia

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Jan 15, 2025  · A $39 million “purchase and sale agreement” for Northlake Mall was signed Jan. 7, according to court filings. ... Based in Augusta, Georgia, Hull Property Group operates 27 mall …

charlotteobserver.com

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Judge Approves Sale Of Northlake Mall - MSN

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Spinoso Real Estate Group took over the mall through a defaulted loan in 2021. The company reached a $39 million deal to sell the property to Hull Property Group, a trio of Georgia-based ...

msn.com

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Charlotte's Northlake Mall To Be Sold For $39M - Triangle Business …

3 weeks from now

Jan 20, 2025  · Spinoso Real Estate Group — the mall's receiver since 2021 — entered into a purchase and sale agreement on Jan. 7. The 1.06 million-square-foot, 2-story mall is at 6801 …

bizjournals.com

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Battered Northlake Mall Sells For $39M - Connect CRE

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Jan 16, 2025  · The mall has since gone into receivership. The mall’s receiver, Spinoso Real Estate Group, recently entered into a purchase and sale agreement for the 1.06 million-square …

connectcre.com

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Starwood Default Begets Mall Discount For Hull Property Group

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Jan 17, 2025  · The Georgia-based developer will pay $37 per square foot for the two-story mall at 6801 Northlake Mall Drive, a significant discount from the $234 per square foot that Starwood …

therealdeal.com

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Northlake Mall To Be Sold For $39 Million, $200 Million

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CHARLOTTE, N.C. — Charlotte's Northlake Mall is set to be sold after years of financial instability and crime issues. Spinoso Real Estate Group, which took over the mall through a defaulted …

newsbreak.com

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After Years Of Uncertainty, Northlake Mall Will Be Sold - MSN

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Spinoso Real Estate Group, which took over the mall through a defaulted loan in 2021, approved a $39 million sale to a trio of Georgia-based businesses that work as Hull Property Group. …

msn.com

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What To Know About Northlake Mall Buyer Hull Property Group

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3 days ago  · Northlake Mall’s receiver Spinoso Real Estate Group asked the court to approve the $39 million sale to Hull Property Group, The Charlotte Observer first reported Jan. 16. A …

heraldonline.com

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Northlake Mall On Verge Of $39M Ownership Shift Amid Safety …

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Jan 17, 2025  · The Spinoso Real Estate Group, currently overseeing the mall's operations, has struck a $39 million sales agreement with Hull Property Group, a conglomerate of three …

hoodline.com

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Buyer Emerges For Northlake Mall, At A Steep Discount

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Jan 16, 2025  · There may be a buyer for troubled Northlake Mall. Multiple news outlets report that three companies under the Hull Property Group have a purchase and sale agreement for $39 …

wfae.org

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The Unlikely Source Of Objections To Northlake Mall’s Pending $39 ...

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Jan 24, 2025  · Three Georgia limited liability companies, all under Hull Property Group, were the highest bidders to purchase Northlake Mall for $39 million, court documents signed Jan. 7 …

pressreader.com

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Northlake Mall To Be Sold For $39 Million - NewsBreak

3 weeks from now

Jan 16, 2025  · CHARLOTTE, N.C. — Charlotte's Northlake Mall is set to be sold after years of financial instability and crime issues. Spinoso Real Estate Group, which took over the mall …

newsbreak.com

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Northlake Mall To Be Acquired For $39 Million

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Jan 22, 2025  · The highest bid for the mall came from Hull 2000 and Hull 2018, two Georgia-based partnerships tied to Hull Property Group of Augusta, along with Racine Mall LLC, …

griffinpartnerssc.com

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Charlitt NC - Charlotte’s Northlake Mall Is Set To Be Sold... - Facebook

3 weeks from now

Spinoso Real Estate Group, which took over the mall through a defaulted loan in 2021, approved a $39 million sale to a trio of Georgia-based businesses that work as Hull Property Group. …

facebook.com

FAQs about Judge approves $39 million sale of Northlake Mall to Georgia … Coupon?

Will Northlake Mall be sold for $39 million?

Judge approves $39M sale of struggling Northlake Mall. What’s next for Charlotte site? The sale of Northlake Mall for $39 million has received approval from a North Carolina Business Court judge. On Friday, Special Superior Court Judge Adam Conrad granted Spinoso Real Estate Group its motion to “consummate the proposed sale” to Hull Property Group. ...

Will Charlotte's Northlake Mall be sold?

Charlotte's Northlake Mall is set to be sold after years of financial instability and crime issues. Spinoso Real Estate Group, which took over the mall through a defaulted loan in 2021, approved a $39 million sale to a trio of Georgia-based businesses that work as Hull Property Group. The deal was approved by Spinoso on Jan. 7. ...

Who bought Hull mall in North Carolina?

Together, three Georgia limited liability companies all under Hull Property Group were “the highest and best offer for the property,” according to Spinoso Real Estate Group, the mall’s receiver. Spinoso filed a motion to approve the sale in North Carolina Business Court. ...

Why does Northlake Mall need court approval?

The sale requires court approval because Northlake has been under receivership with Spinoso Real Estate Group of Syracuse, New York, for nearly four years after the mall failed to pay its debts. ...

Where is Northlake Mall?

Northlake Mall is off Harris Boulevard near Interstate 77 in north Charlotte. In 2005, Taubman Center Inc. opened Northlake Mall. Starwood Capital investment bought the mall for $248 million in 2014. Northlake Mall sits on nearly 56 acres. Its last tax appraised value in 2024 was for $91.5 million, Mecklenburg County property records show. ...

Is Northlake Mall a good place to buy a house?

“The mall’s been in receivership for years and that hanging over the mall’s head I think is a negative,” he said. “To have a potential buyer that thinks the property is something worth acquiring is a positive thing. “Northlake,” Washington added, “is a beautiful mall.” ...

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