South Burlington’s University Mall sold

Published: Mar. 21, 2022 at 3:15 PM EDT|Updated: Mar. 21, 2022 at 8:43 PM EDT
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SOUTH BURLINGTON, Vt. (WCAX) - The University Mall in South Burlington has new owners.

Taconic Capital Advisors and Eastern Real Estate partnered to purchase the mall, which they say is the largest in Vermont and the most-visited with nearly 4 million people walking through its doors each year.

The group says the property is 95% occupied.

The city tells us the mall was sold for $60 million.

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