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New York investors buy San Antonio mall worth $102M

The San Antonio shopping center was only one of two purchases

A group of three New York-based investors teamed up to buy South Park Mall, JLL Capital Markets confirmed Monday.

SAN ANTONIOEditor’s note: This story is part of a partnership between the San Antonio Business Journal and KSAT.

A group of three New York-based investors teamed up to buy South Park Mall, JLL Capital Markets confirmed Monday.

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New York firms Mason Asset Management, Namdar Realty Group and CH Capital Group purchased the San Antonio mall as well as Westgate Mall in Amarillo.

The price of the 663,978-square-foot mall at the corner of I-35 and Southwest Military Drive was undisclosed. The property was assessed in 2019 for more than $102 million, according to the Bexar County Appraisal District. JLL Capital Markets is a division of Jones Lang LaSalle (NYSE: JLL).

Read the full story in the San Antonio Business Journal.


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