Orange Park Mall owner Washington Prime Group has, or is near, putting its entire portfolio of 50 shopping centers up for sale as it lays off employees at its corporate headquarters.
The property purge includes 10 malls and shopping centers in Florida, including Orange Park Mall.
In an email April 24, a WPG spokesperson confirmed the company is selling off the assets in its portfolio writing that “about half of WPG’s properties sold in the past year, while the remainder of the portfolio is or will soon be on the market.”…