The owner of the Riverchase Galleria, Chicago-based General Growth Properties, has put the 40-year-old Hoover mall up for sale.
The retail property with 1.5 million square feet of leasable space is being marketed for sale by Jones Lang LaSalle Americas, also known as JLL.
The Galleria for many years has been in the hands of a special servicer called Rialto Capital Advisors, which manages the finances of the property due to its distressed financial state…