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February 28, 2018  

Vt. Mall With New Target Store Listed

LNR Partners is pitching a Vermont mall where Target will soon open its first store in the state.University Mall, in South Burlington, encompasses 614,000 square feet that is 98.2% leased. JLL is marketing the property, which is expected to fetch bids of $50 million.The mall has three other anchor tenants — JC Penney, Kohl’s and Sears — as well as a Hannaford grocery store that helps draw in shoppers.Target signed a 15-year...

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