Southland Center, Downriver’s largest shopping mall, has officially been sold to Greenwood Global, a private investment group based near Chicago.
Southland spans approximately 905,000 square feet.
After its former owner, Brookfield Properties, defaulted on a significant loan in 2022, many feared the mall’s future was uncertain—especially after pandemic-era shopping trends shifted consumer habits.
It was reportedly sold for over $50 Million.
