Colonie Center up for sale
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.
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.
Updated: January 03, 2019 04:26 PM
Created: January 03, 2019 04:12 PM
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