Rotterdam Square Mall for Sale in Online Auction
ROTTERDAM, N.Y. (AP) — A New York shopping mall is going on the auction block.
Rotterdam Square mall near Schenectady goes on sale Monday in a two-day online auction run by Rockwood Real Estate Advisors and Auction.com.
The minimum bid is $2 million for a property with three anchor stores and more than 50 retailers, a seven-screen movie theater and a food court.
The Daily Gazette of Schenectady reports (http://bit.ly/1dZ3hcG ) that the mall is being sold by Santa Monica-based Macerich Company.
Macerich bought Rotterdam Square eight years ago when it acquired its Rochester-based parent company, Wilmorite. The $2.3 billion acquisition included 11 regional malls and two open-air shopping centers.
The mall, just off Interstate 890, has three main anchor stores — Kmart, Sears and Macy's.
(Story by: The Associated Press, edited by WIBX)
More From WIBX 950
![Take a Peek Inside Rudy Giuliani’s $6 Million New York City Apartment [Photos]](http://townsquare.media/site/41/files/2023/12/attachment-Rudy-3.jpeg?w=980&q=75)
