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Last Updated ( Thursday, 06 March 2014 18:07 )
DATE_FORMAT_LC2=Thursday,March 06 2014 12:00:00 am EST   
Pyramid Management Group Acquires Interest In Manassas Mall

Manassas, Va.  — Pyramid Management Group (PMG) has acquired an interest in the Manassas Mall, in Manassas, Va. PMG will be taking over all leasing and management of the 935,000-square-foot regional shopping center. The closing, which took place on Feb. 28, is Pyramid's first foray into Northern Virginia.

Pyramid plans to remix the mall with a balanced mix of fashion retail, dining and unique entertainment offerings. In addition, Pyramid will update the shopping center with a redesigned interior, new common area with soft seating and a modernized food court.

Pyramid, known for developing Destiny USA in Syracuse, N.Y., is the largest privately owned developer of shopping centers in the northeastern United States. Pyramid has focused on retail-based tourism and entertainment industry for more than 40 years.

"We look forward to evolving the Manassas Mall into a shopping center the city of Manassas and its residents deserve," says Stephen Congel, CEO of Pyramid Management Group.

 

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