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Woodbury Lake mall was sold last week as part of a $150 million purchase, which included an Ohio property. (Bulletin file photo)

Woodbury Lakes sold; expansion plans ahead

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A Michigan-based company purchased Woodbury Lakes mall last week with plans to expand to add restaurants and entertainment uses.

Ramco-Gershenson Properties Trust, a publicly traded company that specializes in shopping center real-estate investment and management, bought the mall along with a Cincinnati, Ohio, center, for approximately $150 million, according to a news release.

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Riham Feshir
Riham Feshir is a reporter and photographer for the Woodbury Bulletin. Her coverage includes Woodbury City Hall, Washington County Board of Commissioners and business news.  Follow Riham on Twitter @RihamFeshir for the latest updates.
(651) 702-0974
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