Namdar Realty Group specializes in regional malls, and the New York-based company owns and operates nearly 60 malls across the country. The Gallery at South DeKalb is the first Georgia mall in the company’s portfolio.
The company will partner with Mason Asset Management to oversee leasing efforts. In a statement to the AJC, the companies said they’re looking to fill the empty anchor tenant buildings.
“We are working closely with a number of national big-box retailers to fill the current anchor spaces, and we look forward to further bolstering the available offering at the mall through an aggressive leasing strategy,” Igal Nassim, managing principal for Mason Asset Management, said.
The mall is not the only one going through significant changes.
In just DeKalb, Northlake Mall in Tucker is pivoting to a new business model by incorporating office space, while an aquarium recently opened at the Mall at Stonecrest as it shifts toward offering more entertainment options. North DeKalb Mall’s new owner also submitted paperwork this month for a mixed-use concept with nearly 2,000 residential units.