News
New Northtown owner plans more improvements at Blaine shopping mall
By J.D. Duggan - Staff Reporter, Minneapolis/ St. Paul Business Journal Five months after buying Northtown Mall, Felix Reznick, principal at 4th Dimension Properties, says his plans to reinvigorate the Blaine shopping center are starting to take shape. Reznick is...
Florida firm acquires Wyoming Valley Mall
BY: ROBERT TOMKAVAGE STAFF WRITER The Wyoming Valley Mall has a new owner for the second time in just over two years. Florida-based 4th Dimension Properties held a minority stake in the property since Kohan Retail Investment Group purchased the mall out ofreceivership...
Bellis Fair mall adding 9 new businesses, from restaurants to retail shops and activities
By: ALYSE SMITHThe Bellingham Herald Bellis Fair has nine new stores planned for inside the mall, some of which have recently opened. As visitors have gotten used to strolling past empty storefronts, now they can enjoy a new coffee shop, Anime collectibles store and...
IT’SUGAR candy store to open up shop at the Salisbury mall
By Rob PetreeInterview Link: https://www.wmdt.com/2023/10/itsugar-candy-store-to-open-up-shop-at-the-salisbury-mall/ SALISBURY, Md. – A new and very sweet store will be making its way to the Salisbury mall! The Centre at Salisbury owners today announced that IT’SUGAR...
Big changes are coming to the Centre at Salisbury mall
By Rob PetreeInterview Link: https://www.wmdt.com/2023/08/big-changes-are-coming-to-the-centre-at-salisbury-mall/ SALISBURY, Md. – The Centre at Salisbury mall is now under new ownership and big changes are on the horizon. In a Facebook post shared earlier this week,...
Minnesota mall sold for just $31M
4th Dimension's Felix Reznick with 398 Northtown Drive (4th Dimension, Google Maps, Getty) Florida-based firm picked up Midwest retail asset By Holden Walter-Warner Mall properties continue to struggle in the United States, creating opportunities for savvy investors...
Mall in Minnesota Sold at Discounted Price, New Owner Plans Redevelopment
By Emma Wolukau-Wanambwa AUGUST 20, 2023 A recent sale of Northtown Mall in Blaine, Minnesota, highlights the struggles faced by mall properties in the United States. 4th Dimension, based in Hollywood, Florida, acquired the mall from Washington Prime Group for $31...
Bellis Fair provides entertainment, supplies for kids during back-to-school event
JR Russell Magic performs for a group of youth during a back-to-school event at Bellis Fair mall Tuesday, Aug. 15. (Sophia Nunn/Cascadia Daily News) By DAVID NUÑEZStaff Reporter AUGUST 17, 2023 Joyous laughter echoed across the metal beams and concrete floors of the...
Northtown Mall in Blaine sold for $31 million
Northtown Mall in Blaine as pictured in October 2007.By Burl Gilyard Star Tribune AUGUST 15, 2023 — 11:50AM Florida-based 4th Dimension, which also owns part of Burnsville Center, took ownership from Washington Prime Group. Northtown Mall in Blaine sold for $31...