A Nashville-based redevelopment company has expanded its footprint into the Minneapolis area, with the purchase of Maplewood Mall.
Brookwood Capital Advisors paid $27.5 million for the shopping center at 3001 White Bear Ave. in Maplewood, Minnesota, in a deal that closed Monday, according to an electronic certificate of real estate value. That means the company now controls everything but the big-box spaces, or almost 500,000 square feet of the roughly 900,000-square-foot mall. The mall's big-box…
