The Lambton Mall has a new owner.
Toronto property firm Europro purchased the 580,000-square-foot mall in a private deal for an “undisclosed price,” the company told The Journal last week.
Europro, which has over two dozen properties in Ontario, plans to complete the shopping centre’s ongoing expansion, which includes a Marshalls and an Old Navy store, spokesperson Nelly Horovitz said via email.
“Europro is active in vibrant, mid-size communities in South-western Ontario and was attracted to the mall’s dominance and excellent tenant mix,” she said.
Built in 1971, Lambton Mall was formerly owned by Cushman and Wakefield.