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Capital Mall has new owner

A shopper heads to the food court entrance on the south side of the Capital Mall on Dec. 17, 2012.

A shopper heads to the food court entrance on the south side of the Capital Mall on Dec. 17, 2012.

General Growth Properties (GGP) has sold Jefferson City’s Capital Mall, and it now is being managed by a Chicago-based property management group that says the mall will stay open and become “bigger and better.”

As of Monday, neither GGP nor the new managers would name the buyer. No one has stepped forward to announce the purchase.

“GGP no longer owns Capital Mall. That’s all the information I can share with you at this time,” David Keating, GGP’s vice president of corporate communications, told the News Tribune in an e-mailed response.

No purchase price has been announced, either.

The Cole County Assessor’s Office appraises the mall property in three sections, for a total appraised value of $15.2 million.

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