The Imperial Mall has a new owner.
Igal Namdar, president of Namdar Realty Group in New York, was the highest bidder of the online auction sale last month with a winning bid of $1,050,000, said Michelle Schneider, senior director of public relations for Auction.com. The sale closed June 24.
Namdar informed the client team at Auction.com that he would not be releasing information on his purchase of the property at this time. An email sent to the company seeking comment was unanswered.
According to its website, Namdar Realty Group is a privately held commercial real estate investment and management firm possessing more than 15 million square feet of commercial real estate in the United States.
The company’s portfolio includes a number of retail strip centers and medical office buildings.