Apr 292015
 

The Grove Huntsville LLC has purchased Madison Square Mall for $5 million in cash from CBL & Associates Properties.

Intriguing indeed. The news of the sale broke earlier today, but we just learned who the buyer was late this afternoon. It never occurred to me that the buyer might be local.

The Grove has two major mixed-use property projects in the Huntsville area already, so it seems safe to assume something interesting and considered is destined for the Madison Square property. Hey, ladies and gentlemen? I had a killer idea a while back. Make this happen!

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