GFO Investments and InSite Group, in partnership with Atlas Hill Real Estate and Prime Finance, acquired Fort Lauderdale’s Galleria Mall and plan to transform the 800,000-square-foot regional shopping center into a retail and lifestyle destination. The new owners are expected to add apartments and hotel rooms to the retail center’s mix.
“Our vision is to restore the Galleria as the premier shopping and lifestyle destination for Broward County,” said Russell Galbut, Founder of GFO Investments. “It will be a place where people can gather, shop, and experience Fort Lauderdale.”
The mall’s website currently lists Macy’s, Dillard’s and H & M as its key tenants with dining options that include Seasons 52, The Capital Grille, and P.F. Chang’s…