LocalSYR

New owners for ShoppingTown Mall identified

Weeks after ShoppingTown Mall was put up for auction, its new owners were identified on Monday.
DeWitt (WSYR-TV) – Weeks after ShoppingTown Mall was put up for auction, its new owners were identified on Monday.

Senator Chuck Schumer’s office announced that new owners of the DeWitt mall are Moonbeam Capital.

The Las Vegas-based company owns multiple properties throughout the US, including other shopping centers and malls.

They have not indicated what they plan on doing with the facility.

Schumer had demanded that the previous owners, LNR, promote better communication with the Town of DeWitt government.

The Senator said he hopes new ownership will give the mall a new beginning in the eastern suburb.

“I’m optimistic that a new owner for ShoppingTown means turning over a new leaf for the mall’s development – and I urge Moonbeam Capital to start on a positive note and forge a close relationship with the DeWitt Community,” said Schumer.

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