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The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

Fairfield Commons, Dayton Malls For Sale

MIAMI VALLEY -- The company that owns the Dayton Mall and the Mall at Fairfield Commons in Beavercreek says it is listing those properties and 11 others around the country for sale.

Karen Bailey, director of corporate communications for Glimcher, says the goal for listing the properties is to sell only three or four of the 13 properties so the company can raise about $200 million to $300 million. That money would then be reinvested through redevelopment, Bailey said.

According to Bailey, the Dayton Mall and Fairfield Commons properties are "performing very well and continue to attract new, national brands to market."

She said the company continues to invest in these centers and the company would be happy to continue to own and manage them.

The Columbus Dispatch reports the other Ohio properties Glimcher is listing include malls in Indian Mound Mall in Heath, River Valley Mall in Lancaster and the New Towne Mall in New Philadelphia.

The other malls on the sale list are: Colonial Park Mall, Harrisburg, Pa.; Grand Central Mall, Parkersburg, W.Va.; the Mall at Johnson City in Tennessee; Morgantown Mall in West Virginia; Merritt Square Mall, Merritt Island, Fla.; Northtown Mall, Blaine, Minn.; and Weberstown Mall, Stockton, Calif.

Check back for the latest on this story and watch ABC 22 News at 6 and FOX 45 News at 6:30 p.m. for Wale Aliyu's report.


 
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