Rhode Island Mall to be sold to Baltimore company

THE RHODE Island Mall is under contract for sale to a Baltimore-based commercial real estate investment company that specializes in revamping distressed and under-performing properties. The plan is to gut the mall's interior, to create space for up to six retailers. / FLICKR.COM USER/LACKINGFOCUS
THE RHODE Island Mall is under contract for sale to a Baltimore-based commercial real estate investment company that specializes in revamping distressed and under-performing properties. The plan is to gut the mall's interior, to create space for up to six retailers. / FLICKR.COM USER/LACKINGFOCUS
(Updated 2:27 p.m.) WARWICK – The Rhode Island Mall is under contract for sale to a Baltimore-based commercial real estate investment company that specializes in revamping distressed and under-performing properties. David Frederick, managing partner of MCB Real Estate LLC, said Tuesday the company has the Rhode Island Mall under contract and hopes to close within…
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