City: Wilkes-Barre

Commercial Real Estate Direct Staff Report Kohan Retail Investment Group purchased the Wyoming Valley Mall in the northeast Pennsylvania city of Wilkes-Barre. The Great Neck, N.Y., investor, perhaps the most active buyer of malls that back soured CMBS loans, purchased ...

The Wyoming Valley Mall in the northeast Pennsylvania city of Wilkes-Barre has been sold for $21.6 million. That compares with the property's $17 million appraised value set last October. The transaction resulted in a $52 million loss to the CMBS ...