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Feldman Mall Properties Inc. said Sept. 9 that its subsidiary, Ohio River Valley LLC, entered into an earnest money contract with Tabani Acquisitions LLC for the sale of its fee simple interest in a roughly 9.089-acre parcel of undeveloped real estate adjacent to the Northgate Mall in Cincinnati.
The purchase price is $1.5 million, payable all in cash at closing, subject to adjustment for customary prorations of expenses and the like. Closing is subject to a number of usual conditions and...