Granite Run Mall Gets New Lease On Life

The troubled Granite Run Mall in Delaware County will now be managed by Madison Marquette.  Madison Marquette will hit the ground running with planned improvements to the interior and exterior of the mall, in addition to aggressively trying to lease empty retail space (29 stores).

Madison Marquette is a Washington, DC-based developer and operator of retail and retail mixed-use real estate throughout the United States.  Madison Marquette maintains a regional office in Philadelphia at 1717 Arch Street.  Madison Marquette manages more than 20 million square feet of property.  They have a history of transforming failed retail projects.  For more information:  http://www.madisonmarquette.com/about_us/history

Simon Property Group has removed Granite Run from their list of properties on their website.

One comment on “Granite Run Mall Gets New Lease On Life

  1. Roy –

    Thank you for your story about our management transition. With Madison Marquette’s stellar track record of taking struggling centers and renewing not only their physical appearance, but also their leasing practices, it is sure to be a great partnership.

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