Phoenix's Christown Spectrum mall sells for $115 million

Christown Spectrum, Arizona's oldest mall, has sold for $115.2 million.

The central Phoenix shopping center was purchased by New York-based retail giant Kimco Realty, according to property records. The deal closed late Monday.

Read more... http://www.azcentral.com/story/money/real-estate/catherine-reagor/2015/12/01/phoenixs-christown-spectrum-mall-sells-115-million/76621358/