Salem Center mall sells to local owners
A trio of local investors have bought the downtown Salem Center mall with plans to revitalize the shopping center and recruit a mix of new local and national tenants.
Kelly McDonald, Patrick Carney and Mark Shipman closed on the 289,000-square-foot property last week under the name OGSC2, LLC. They paid an undisclosed sum, buying the property from Rialto Capital Management.
The mall has been in limbo since 2018, when the previous owner defaulted on a…
