Westfield South Shore mall in Bay Shore sold as part of deal worth $196 million

The company that owns the Westfield South Shore mall in Bay Shore announced it has sold the property, as well as another mall it owns in Trumbull, Connecticut.

Bob Doda

Jan 3, 2023, 5:11 PM

Updated 742 days ago

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Westfield South Shore mall in Bay Shore sold as part of deal worth $196 million
The company that owns the Westfield South Shore mall in Bay Shore announced it has sold the property, as well as another mall it owns in Trumbull, Connecticut. 
A release from Unibail-Rodamco-Westfield put the value of the sale at $196 million.
URW confirmed that the malls were sold to Mason Asset Management and Namdar Realty Group, a privately held commercial real estate investment and management firm. News 12 has reached out to Namdar for a comment on the sale.
Unibail-Rodamco-Westfield operates 80 shopping centers in 12 countries, including 45 that carry “the iconic Westfield brand,” the release says.