{"id":805295,"date":"2022-07-05T19:00:26","date_gmt":"2022-07-05T17:00:26","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/algoma-central-corporation-announces-sale-of-station-mall-in-sault-ste-marie\/"},"modified":"2022-07-05T19:00:26","modified_gmt":"2022-07-05T17:00:26","slug":"algoma-central-corporation-announces-sale-of-station-mall-in-sault-ste-marie","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-europa\/algoma-central-corporation-announces-sale-of-station-mall-in-sault-ste-marie\/","title":{"rendered":"Algoma Central Corporation Announces Sale of Station Mall in Sault Ste. Marie"},"content":{"rendered":"ST. CATHARINES, Ontario--(BUSINESS WIRE)--$ALC--Algoma Central Corporation (TSX: ALC) announced today that it has sold Station Mall, a large regional shopping complex located in Sault Ste. Marie, Ontario. The transaction closed on June 30, 2022.\n\n\n\nStation Mall, a 555,000 square foot enclosed shopping centre located steps away from the St. Mary\u2019s River, was the last of the Company\u2019s real estate holdings in Sault Ste. Marie. The Company\u2019s intention to divest of its commercial real estate portfolio was initially announced in 2015. Since then, the Company has sold 15 properties in Sault Ste. Marie, Waterloo, and St. Catharines Ontario since 2015, directing proceeds from the sales to the renewal of the domestic dry-bulk fleet, expansion o<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>ST. CATHARINES, Ontario&#8211;(BUSINESS WIRE)&#8211;$ALC&#8211;Algoma Central Corporation (TSX: ALC) announced today that it has sold Station Mall, a large regional shopping complex located in Sault Ste. Marie, Ontario. The transaction closed on June 30, 2022. Station Mall, a 555,000 square foot enclosed shopping centre located steps away from the St. Mary\u2019s River, was the last of [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49628],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-805295","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-europa"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Algoma Central Corporation Announces Sale of Station Mall in Sault Ste. 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