Independence Mall Properties Sold For More Than $50M, Deeds Show

Independence Mall and a nearby property recently changed hands for more than $50 million, according to deeds recorded on Friday.

Florida-based 4th Dimension Properties purchased two parcels that encompass much of Independence Mall for $48.8 million from former owner Rouse Properties, according to a special warranty deed, effective Aug. 5. The purchase does not include anchor tenants Belk and Dillard’s, which own their buildings.

In a separate deed recorded on Friday, 4th Dimension Properties paid $2.45 million for nearly an acre at 3750 Oleander Drive, a site that’s home to a Wells Fargo Bank branch…

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