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Hilltop Mall to get Major Facelift from New Owners
Long-struggling Hilltop Mall could get new life as investors scoop it up and plan for major redevelopment that might one day also bring new housing, lodging and office space to the property.Business Ending months of speculation about the 40-year-old enclosed mall’s future, LBG Real Estate Companies and Aviva Investors announced the purchase of the 1.1 million-square-foot shopping center on Tuesday…
Read MoreLBG and Aviva Investors Acquire Hilltop Mall in San Francisco East Bay
LBG Real Estate Companies and Aviva Investors today announced the purchase of Hilltop Mall, a 1,100,000-square-foot regional mall in the East Bay city of Richmond, Calif. The property, located at 2200 Hilltop Mall Road, was originally developed in 1976 and renovated in 2007, and encompasses approximately 77 acres of land prominently located at the Hilltop Mall exit off of Interstate-80.
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