Poag Development Group acquired RiverTown Crossings, an 1,267,272-square-foot enclosed mall in Grandville, Michigan.
RiverTown Crossings is a two-story enclosed super regional shopping mall with five anchors including Macy’s, Kohl’s, JCPenney, Celebration Cinemas and Dick’s Sporting Goods.
Poag aims to revitalize the mall through redevelopment by adding new uses and activating underutilized parking fields. The Memphis-based developer will work with JLL, its strategic management and leasing partner, to maximize the potential of the property.
The retail developer adds RiverTown Crossings to its portfolio on the heels of its acquisition of Oak Court Mall, an 800,000-square-foot enclosed mall currently undergoing redevelopment planning in Memphis, Tenn.
