The sale of Alton Square Mall has closed, and the new owner is from Augusta, Georgia. Hull Property Group owns about 20 similar properties, mostly in the southeastern United States. According to its website, Hull Property Group specializes in retail real estate.
That, again from its website, provides significant bottom-line returns by operating each of its properties in the most efficient manner possible while providing a high degree of service to its tenants and customers. Hull purchases the mall from NorthMarq Capitol, which took control of the property in 2010 when Coyote Management defaulted on its loan. Financial details of the sale are not known at this time.