In a collaborative effort with a commercial real estate workout firm, Regal Properties announced on December 18, 2012 that, after the owner successfully restructured $183MM portfolio of primarily retail properties located in six states, Regal Properties sold the distressed Lake Havasu Mall in that portfolio for less than $16MM. Completed in September 2008, the center includes 704,164 square feet of retail space located on Hwy 95, across from the Havasu airport. JC Penney, Dillard’s and Wal-Mart anchor the center, with ... Read more