Destiny USA’s owner completes purchase of Rhode Island’s largest shopping center

Syracuse, N.Y. — Pyramid Management Group announced Thursday that it has completed the $133 million purchase of Providence Place, the largest and most visited shopping center in Rhode Island.

Syracuse-based Pyramid partnered with Paolino Properties and DW Partners in acquiring the downtown Providence mall.

Pyramid, which operates New York’s largest mall, Destiny USA in Syracuse, said a comprehensive repositioning and revitalization of Providence Place is planned…

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