My name is Ed Callahan and I am a lifelong resident of the South Shore who has managed Hanover Mall for the last 22 years. During that time the property has had five different owners and in 2007 the mall was sold to Walton Street capital for $100 million.Walton Street was then the victim of the stock market crash and due to the negative effect on retailers, lost lease revenue and store sales, the mall was foreclosed upon in 2010. We were bank owned for six and a half years. [...]
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