Advertisement

Colonie Center up for sale

Colonie Center Colonie Center | Photo: Facebook / Colonie Center.

January 03, 2019 04:26 PM

Colonie Center is for sale.

The management team released a statement on Thursday afternoon saying this encourages a fresh approach to the master planning of the mall.

Advertisement – Content Continues Below

The buyout firm, Kohlberg Kravis Roberts & Co., bought the mall almost six years ago with an investment partnership called Colonie Pacific. The price was $106 million.

Since then, $30 million worth of upgrades were made.

Credits

WNYT Staff

Copyright 2019 WNYT-TV LLC, a Hubbard Broadcasting Company. All rights reserved

Advertisement
Relay Media Amp
Advertisement
Advertisement
Road crews ready for Mother Nature's double punch

Air traffic controller resigns in Albany due to government shutdown

Contentious legal battle continues over access to limo in deadly Schoharie crash

Who blinks first will matter in Trump, Democrats' wall fight

Number of federal workers seeking US jobless aid doubles

Advertisement