ABOUT NORTHGATE MALLOpened: 1972Size: 823,014 square feetOccupants: About 60 specialty shops and restaurantsRenovations: 1991, 1997Leased space: 91 percent (includes outparcels)Source: Auction.com
Northgate Mall’s owner is trying to sell the nearly 40-year-old shopping center in a three-day online auction starting Monday.
The starting bid is $9 million for the mall and the surrounding properties owned by Chicago-based General Growth Properties, according to Auction.com.
Joe Janosko, the mall’s senior general manager, said the shopping center isn’t closing.
He said that putting the property up for sale is “part of the life cycle of a retail asset.”