Fort Lauderdale’s Galleria has new owners. What’s next for the mall?

Fort Lauderdale shoppers would agree, the Galleria mall has seen better days. New owners say a brighter future is coming.

GFO Investments and InSite Group, in partnership with Atlas Hill Real Estate and Prime Finance, announced Friday that they have acquired The Galleria at Fort lauderdale for an undisclosed amount of money. The new owners said they plan to redevelop and “reimagine” the mall.

“Our vision is to restore the Galleria as the premier shopping and lifestyle destination for Broward County,” Russell Galbut, Founder of GFO Investments, said in a statement. “It will be a place where people can gather, shop and experience Fort Lauderdale’s diverse and creative energy.”…

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