- While in Blair County, Namdar Realty Group acquired the Logan Valley Mall property and is now receiving funding for college facility improvements from the State Department of Education.
- A local group, Altoona-Blair County Development Corp., seeks to purchase a mall involving Namdar Realty Group.
ABCD Discusses Logan Valley Mall Purchase with Namdar Realty Group
What happened
ABCD and Namdar Realty Group discussed the potential purchase of the Logan Valley Mall in Logan Township on October 6, 2026. The mall is currently valued at $13.8 million, but Namdar Realty Group reportedly values the property at $30 million.
From altoonamirror.com
Why it matters
If the purchase proceeds, it could pave the way for the revitalization of the mall property, potentially boosting the local economy. The current owner, Namdar Realty Group, is reportedly seeking tough price negotiations.
The Altoona-Blair County Development Corp. is seeking to purchase the mall, which Namdar Realty Group acquired in Blair County and is currently receiving funding for college facility improvements from the State Department of Education.
From altoonamirror.com
Who's involved
- ABCDCompany engaged in dialogue regarding the mall purchase
- Namdar Realty GroupCurrent owner of the Logan Valley Mall property
- Logan TownshipTownship where the mall property is located
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The entities involved
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Logan Township
township in Blair County, Pennsylvania
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Namdar Realty Group
real estate investment firm
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ABCD
Czech publishing house
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