Charter adds mall management contract

Westport, Conn. Charter Realty & Development announced Friday that its Enclosed Mall Division has been retained by Gateway Fashion Mall, LLC of Calabasas, Calif., to lease the Gateway Fashion Mall in Bismarck, N.D.

Gateway Fashion Mall is a 310,000-sq.-ft. regional mall anchored by Sears and Carmike Theaters. It recently underwent a $9 million renovation.

Charter said it will focus on leveraging the mall’s positioning in the market to lease to anchor, junior anchor and specialty retailers who seek a regional draw and access.

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