Granite Run Mall is For Sale

The Granite Run Mall is for sale.

However, the mall is not closing, according to the mall's Director of Marketing Aubrey Proud.

Rockwood Real Estate Advisors, a New York-based firm, has been retained to seek qualified investors to acquire "free and clear" a 100 percent interest in the mall, according to Rockwood website.

A Rockwood broker did not immediately return a request for comment.

The 57-acre property, solely owned, includes the mall, Acme, Kohl's, Sears Auto, AMC movie theater, and the strip of stores and restaurants along Baltimore Pike in front of the movie theater. Riddle Ale House and McDonald's are not part of the property.

The mall was built in 1974 and renovated in 1993.

On Jan. 1, 2013, the property was assessed at $47,250,000 million, according to Delaware County real estate documents. 

In early 2011, there were widespread rumors that the mall was closing however that was not the case than and continues to not be true.

In April 2011, the mall came under new management with Madison Marquette and has seen several improvements and new business ventures inside the mall, including a dinosaur museum, karate club, and recently a new roast beef restaurant.