Black Diamond Buys 2.3 MSF Palisades Center Mall in West Nyack, New York

Black Diamond Buys 2.3 MSF Palisades Center Mall in West Nyack, New York

WEST NYACK, N.Y. — Black Diamond Capital Management, a Connecticut-based alternative investment firm, has purchased Palisades Center, a 2.3 million-square-foot mall in West Nyack, about 35 miles north of New York City. According to the Rockland County Business Journal, Palisades Center sold for $175 million at auction after being originally listed for $463.4 million. According to Wikipedia, the shopping, dining and entertainment destination is t…

Black Diamond Acquires 2.3 Million-Square-Foot Palisades Center in Metro New York City

West Nyack, N.Y. — Affiliated funds of Stamford, Connecticut-based Black Diamond Capital Management have acquired Palisades Center, a 2.3 million-square-foot shopping center in West Nyack, approximately 18 miles north of Manhattan.… The post Black Diamond Acquires 2.3 Million-Square-Foot Palisades Center in Metro New York City appeared first on Shopping Center Business.